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Side-by-side financial comparison of H2O AMERICA (HTO) and OneStream, Inc. (OS). Click either name above to swap in a different company.
H2O AMERICA is the larger business by last-quarter revenue ($199.4M vs $163.7M, roughly 1.2× OneStream, Inc.). H2O AMERICA runs the higher net margin — 8.1% vs 0.6%, a 7.5% gap on every dollar of revenue. On growth, OneStream, Inc. posted the faster year-over-year revenue change (23.6% vs 1.5%). Over the past eight quarters, OneStream, Inc.'s revenue compounded faster (21.8% CAGR vs 15.3%).
H2O Wireless is a United States-based prepaid cell phone service, that utilizes the AT&T network. It is a brand of the mobile virtual network operator (MVNO) Locus Telecommunications, a subsidiary of Telrite Holdings, Inc., since 2019. Locus was formerly a subsidiary of KDDI America corporation, starting in 2010. H2O Wireless is primarily advertised as a non-restrictive phone service for customers to bring or buy unlocked smartphones, although AT&T contract/locked phones may be accepted as well.
Blue Stream provides cable television, cable telephone, DVR, and up to 1 GIG Internet speed broadband services to customers in the Florida communities of Coral Springs and Weston.
HTO vs OS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $199.4M | $163.7M |
| Net Profit | $16.2M | $999.0K |
| Gross Margin | — | 69.8% |
| Operating Margin | 16.6% | -3.2% |
| Net Margin | 8.1% | 0.6% |
| Revenue YoY | 1.5% | 23.6% |
| Net Profit YoY | -29.2% | — |
| EPS (diluted) | $0.45 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $199.4M | $163.7M | ||
| Q3 25 | $243.5M | $154.3M | ||
| Q2 25 | $197.8M | $147.6M | ||
| Q1 25 | $164.9M | $136.3M | ||
| Q4 24 | $196.5M | $132.5M | ||
| Q3 24 | $216.7M | $129.1M | ||
| Q2 24 | $173.1M | $117.5M | ||
| Q1 24 | $150.0M | $110.3M |
| Q4 25 | $16.2M | $999.0K | ||
| Q3 25 | $45.1M | $-8.8M | ||
| Q2 25 | $24.7M | $-18.4M | ||
| Q1 25 | $16.6M | $-24.0M | ||
| Q4 24 | $22.9M | — | ||
| Q3 24 | $38.7M | $-171.9M | ||
| Q2 24 | $20.7M | $-7.8M | ||
| Q1 24 | $11.7M | $-5.0M |
| Q4 25 | — | 69.8% | ||
| Q3 25 | — | 68.1% | ||
| Q2 25 | — | 68.6% | ||
| Q1 25 | — | 68.0% | ||
| Q4 24 | — | 66.8% | ||
| Q3 24 | — | 50.1% | ||
| Q2 24 | — | 68.5% | ||
| Q1 24 | — | 69.1% |
| Q4 25 | 16.6% | -3.2% | ||
| Q3 25 | 26.5% | -11.3% | ||
| Q2 25 | 22.2% | -21.8% | ||
| Q1 25 | 21.8% | -29.3% | ||
| Q4 24 | 22.2% | -35.8% | ||
| Q3 24 | 26.9% | -197.6% | ||
| Q2 24 | 23.4% | -9.8% | ||
| Q1 24 | 18.6% | -4.9% |
| Q4 25 | 8.1% | 0.6% | ||
| Q3 25 | 18.5% | -5.7% | ||
| Q2 25 | 12.5% | -12.5% | ||
| Q1 25 | 10.0% | -17.6% | ||
| Q4 24 | 11.7% | — | ||
| Q3 24 | 17.8% | -133.1% | ||
| Q2 24 | 12.0% | -6.7% | ||
| Q1 24 | 7.8% | -4.5% |
| Q4 25 | $0.45 | — | ||
| Q3 25 | $1.27 | — | ||
| Q2 25 | $0.71 | — | ||
| Q1 25 | $0.49 | — | ||
| Q4 24 | $0.70 | — | ||
| Q3 24 | $1.17 | $-1.06 | ||
| Q2 24 | $0.64 | — | ||
| Q1 24 | $0.36 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $20.7M | $693.6M |
| Total DebtLower is stronger | $1.9B | — |
| Stockholders' EquityBook value | $1.5B | $504.7M |
| Total Assets | $5.1B | $1.0B |
| Debt / EquityLower = less leverage | 1.23× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $20.7M | $693.6M | ||
| Q3 25 | $11.3M | $653.9M | ||
| Q2 25 | $19.8M | $652.1M | ||
| Q1 25 | $23.7M | $593.9M | ||
| Q4 24 | $11.1M | $544.2M | ||
| Q3 24 | $4.0M | $495.5M | ||
| Q2 24 | $22.8M | $140.5M | ||
| Q1 24 | $4.5M | — |
| Q4 25 | $1.9B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $1.5B | $504.7M | ||
| Q3 25 | $1.5B | $472.1M | ||
| Q2 25 | $1.5B | $458.2M | ||
| Q1 25 | $1.4B | $412.9M | ||
| Q4 24 | $1.4B | $386.2M | ||
| Q3 24 | $1.3B | $458.2M | ||
| Q2 24 | $1.3B | $97.5M | ||
| Q1 24 | $1.2B | $102.5M |
| Q4 25 | $5.1B | $1.0B | ||
| Q3 25 | $5.0B | $949.4M | ||
| Q2 25 | $4.8B | $910.5M | ||
| Q1 25 | $4.7B | $867.3M | ||
| Q4 24 | $4.7B | $823.2M | ||
| Q3 24 | $4.6B | $750.1M | ||
| Q2 24 | $4.4B | $379.7M | ||
| Q1 24 | $4.4B | — |
| Q4 25 | 1.23× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.26× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $63.5M | $25.8M |
| Free Cash FlowOCF − Capex | — | $25.6M |
| FCF MarginFCF / Revenue | — | 15.7% |
| Capex IntensityCapex / Revenue | — | 0.1% |
| Cash ConversionOCF / Net Profit | 3.92× | 25.79× |
| TTM Free Cash FlowTrailing 4 quarters | — | $95.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $63.5M | $25.8M | ||
| Q3 25 | $77.3M | $5.0M | ||
| Q2 25 | $60.8M | $29.7M | ||
| Q1 25 | $43.2M | $36.2M | ||
| Q4 24 | $41.5M | — | ||
| Q3 24 | $53.5M | $2.4M | ||
| Q2 24 | $49.3M | $8.1M | ||
| Q1 24 | $51.2M | $25.5M |
| Q4 25 | — | $25.6M | ||
| Q3 25 | — | $4.8M | ||
| Q2 25 | — | $29.4M | ||
| Q1 25 | — | $35.8M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $1.3M | ||
| Q2 24 | — | $7.7M | ||
| Q1 24 | — | $24.9M |
| Q4 25 | — | 15.7% | ||
| Q3 25 | — | 3.1% | ||
| Q2 25 | — | 19.9% | ||
| Q1 25 | — | 26.3% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.0% | ||
| Q2 24 | — | 6.6% | ||
| Q1 24 | — | 22.5% |
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 0.1% | ||
| Q2 25 | — | 0.2% | ||
| Q1 25 | — | 0.3% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.8% | ||
| Q2 24 | — | 0.3% | ||
| Q1 24 | — | 0.6% |
| Q4 25 | 3.92× | 25.79× | ||
| Q3 25 | 1.71× | — | ||
| Q2 25 | 2.47× | — | ||
| Q1 25 | 2.61× | — | ||
| Q4 24 | 1.81× | — | ||
| Q3 24 | 1.39× | — | ||
| Q2 24 | 2.38× | — | ||
| Q1 24 | 4.38× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HTO
| Water Utility Services | $191.0M | 96% |
| Other | $8.4M | 4% |
OS
| Subscription And Circulation | $150.3M | 92% |
| Professional Services And Other | $9.4M | 6% |
| License | $4.0M | 2% |
