OneStream Sale Buzz Heats Up — Is A $6 Billion Exit On The Horizon?

OneStream Software is reportedly exploring a potential sale that could value the company at over $6 billion. This development, first reported in November 2025, comes as OneStream continues to grow its revenue base, add customers globally, and invest heavily in artificial intelligence-powered financial planning tools. According to sources familiar with the matter, OneStream has engaged investment bank Qatalyst Partners to evaluate interest from potential acquirers, both strategic and private equity. While the company has not made any formal announcements, the timing aligns with its recent milestones—including record Q2 2025 results, a strong product pipeline, and increasing traction in AI-driven finance tools. The decision to explore a sale signals both confidence in the company’s maturity and recognition of potential headwinds in markets such as U.S. federal contracting. Below, we explore the core bullish and bearish factors that could shape OneStream’s valuation and strategic direction in the event of a sale.