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Side-by-side financial comparison of Leslie's, Inc. (LESL) and OneStream, Inc. (OS). Click either name above to swap in a different company.
OneStream, Inc. is the larger business by last-quarter revenue ($163.7M vs $147.1M, roughly 1.1× Leslie's, Inc.). OneStream, Inc. runs the higher net margin — 0.6% vs -56.4%, a 57.0% gap on every dollar of revenue. On growth, OneStream, Inc. posted the faster year-over-year revenue change (23.6% vs -16.0%). OneStream, Inc. produced more free cash flow last quarter ($25.6M vs $-85.5M). Over the past eight quarters, OneStream, Inc.'s revenue compounded faster (21.8% CAGR vs -11.7%).
Leslie's, Inc., operating as Leslie's Swimming Pool Supplies, is the largest retailer of swimming pool supplies and related products. The company is headquartered in Phoenix, Arizona, and has a particularly strong retail presence in Arizona, California, Florida, Georgia and Texas.
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.
LESL vs OS — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $147.1M | $163.7M |
| Net Profit | $-83.0M | $999.0K |
| Gross Margin | 18.4% | 69.8% |
| Operating Margin | -46.7% | -3.2% |
| Net Margin | -56.4% | 0.6% |
| Revenue YoY | -16.0% | 23.6% |
| Net Profit YoY | -86.2% | — |
| EPS (diluted) | $-8.92 | — |
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.
| Q1 26 | $147.1M | — | ||
| Q4 25 | $389.2M | $163.7M | ||
| Q3 25 | — | $154.3M | ||
| Q2 25 | $500.3M | $147.6M | ||
| Q1 25 | $177.1M | $136.3M | ||
| Q4 24 | $175.2M | $132.5M | ||
| Q3 24 | $397.9M | $129.1M | ||
| Q2 24 | $569.6M | $117.5M |
| Q1 26 | $-83.0M | — | ||
| Q4 25 | $-162.8M | $999.0K | ||
| Q3 25 | — | $-8.8M | ||
| Q2 25 | $21.7M | $-18.4M | ||
| Q1 25 | $-51.3M | $-24.0M | ||
| Q4 24 | $-44.6M | — | ||
| Q3 24 | $-9.9M | $-171.9M | ||
| Q2 24 | $60.6M | $-7.8M |
| Q1 26 | 18.4% | — | ||
| Q4 25 | 38.6% | 69.8% | ||
| Q3 25 | — | 68.1% | ||
| Q2 25 | 39.6% | 68.6% | ||
| Q1 25 | 24.8% | 68.0% | ||
| Q4 24 | 27.2% | 66.8% | ||
| Q3 24 | 36.0% | 50.1% | ||
| Q2 24 | 40.2% | 68.5% |
| Q1 26 | -46.7% | — | ||
| Q4 25 | -38.6% | -3.2% | ||
| Q3 25 | — | -11.3% | ||
| Q2 25 | 13.7% | -21.8% | ||
| Q1 25 | -27.3% | -29.3% | ||
| Q4 24 | -22.7% | -35.8% | ||
| Q3 24 | 6.6% | -197.6% | ||
| Q2 24 | 17.2% | -9.8% |
| Q1 26 | -56.4% | — | ||
| Q4 25 | -41.8% | 0.6% | ||
| Q3 25 | — | -5.7% | ||
| Q2 25 | 4.3% | -12.5% | ||
| Q1 25 | -29.0% | -17.6% | ||
| Q4 24 | -25.4% | — | ||
| Q3 24 | -2.5% | -133.1% | ||
| Q2 24 | 10.6% | -6.7% |
| Q1 26 | $-8.92 | — | ||
| Q4 25 | $-20.59 | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $0.12 | — | ||
| Q1 25 | $-0.28 | — | ||
| Q4 24 | $-4.82 | — | ||
| Q3 24 | $-2.46 | $-1.06 | ||
| Q2 24 | $0.33 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $3.6M | $693.6M |
| Total DebtLower is stronger | $781.6M | — |
| Stockholders' EquityBook value | $-489.9M | $504.7M |
| Total Assets | $649.4M | $1.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $3.6M | — | ||
| Q4 25 | $64.3M | $693.6M | ||
| Q3 25 | — | $653.9M | ||
| Q2 25 | $42.7M | $652.1M | ||
| Q1 25 | $17.3M | $593.9M | ||
| Q4 24 | $11.6M | $544.2M | ||
| Q3 24 | $108.5M | $495.5M | ||
| Q2 24 | $74.4M | $140.5M |
| Q1 26 | $781.6M | — | ||
| Q4 25 | $756.6M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $776.6M | — | ||
| Q1 25 | $858.1M | — | ||
| Q4 24 | $796.6M | — | ||
| Q3 24 | $783.7M | — | ||
| Q2 24 | $783.7M | — |
| Q1 26 | $-489.9M | — | ||
| Q4 25 | $-408.0M | $504.7M | ||
| Q3 25 | — | $472.1M | ||
| Q2 25 | $-246.2M | $458.2M | ||
| Q1 25 | $-269.5M | $412.9M | ||
| Q4 24 | $-220.0M | $386.2M | ||
| Q3 24 | $-177.1M | $458.2M | ||
| Q2 24 | $-168.2M | $97.5M |
| Q1 26 | $649.4M | — | ||
| Q4 25 | $741.5M | $1.0B | ||
| Q3 25 | — | $949.4M | ||
| Q2 25 | $989.5M | $910.5M | ||
| Q1 25 | $1.0B | $867.3M | ||
| Q4 24 | $967.0M | $823.2M | ||
| Q3 24 | $1.1B | $750.1M | ||
| Q2 24 | $1.1B | $379.7M |
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 | $-81.1M | $25.8M |
| Free Cash FlowOCF − Capex | $-85.5M | $25.6M |
| FCF MarginFCF / Revenue | -58.1% | 15.7% |
| Capex IntensityCapex / Revenue | 2.9% | 0.1% |
| Cash ConversionOCF / Net Profit | — | 25.79× |
| TTM Free Cash FlowTrailing 4 quarters | $7.6M | $95.6M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $-81.1M | — | ||
| Q4 25 | $48.2M | $25.8M | ||
| Q3 25 | — | $5.0M | ||
| Q2 25 | $114.9M | $29.7M | ||
| Q1 25 | $-49.2M | $36.2M | ||
| Q4 24 | $-105.1M | — | ||
| Q3 24 | $47.1M | $2.4M | ||
| Q2 24 | $175.5M | $8.1M |
| Q1 26 | $-85.5M | — | ||
| Q4 25 | $41.8M | $25.6M | ||
| Q3 25 | — | $4.8M | ||
| Q2 25 | $107.1M | $29.4M | ||
| Q1 25 | $-55.8M | $35.8M | ||
| Q4 24 | $-109.8M | — | ||
| Q3 24 | $34.1M | $1.3M | ||
| Q2 24 | $165.2M | $7.7M |
| Q1 26 | -58.1% | — | ||
| Q4 25 | 10.7% | 15.7% | ||
| Q3 25 | — | 3.1% | ||
| Q2 25 | 21.4% | 19.9% | ||
| Q1 25 | -31.5% | 26.3% | ||
| Q4 24 | -62.6% | — | ||
| Q3 24 | 8.6% | 1.0% | ||
| Q2 24 | 29.0% | 6.6% |
| Q1 26 | 2.9% | — | ||
| Q4 25 | 1.7% | 0.1% | ||
| Q3 25 | — | 0.1% | ||
| Q2 25 | 1.6% | 0.2% | ||
| Q1 25 | 3.7% | 0.3% | ||
| Q4 24 | 2.7% | — | ||
| Q3 24 | 3.2% | 0.8% | ||
| Q2 24 | 1.8% | 0.3% |
| Q1 26 | — | — | ||
| Q4 25 | — | 25.79× | ||
| Q3 25 | — | — | ||
| Q2 25 | 5.29× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 2.89× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LESL
Segment breakdown not available.
OS
| Subscription And Circulation | $150.3M | 92% |
| Professional Services And Other | $9.4M | 6% |
| License | $4.0M | 2% |
