OneMedNet Corp (NASDAQ:ONMD) saw its shares climb 16% on Thursday following the release of its 2025 bookings figures. The company reported $2.79 million in contract value for data-delivery agreements booked for 2025.
Management said the 2025 bookings represent a substantial increase over the previous fiscal year, specifically exceeding last year by 4.1X. The company attributed the surge to three interrelated factors: larger deal sizes, heightened enterprise demand, and progress toward a recurring subscription model.
Executive commentary
"This year represents a strategic inflection point for OneMedNet," said Aaron Green, CEO & President of OneMedNet. "We are increasing bookings and deal size, and we are successfully transitioning from project-based engagements to recurring subscription partnerships. This shift enhances visibility, predictability, and long-term enterprise value."
Product and revenue mix heading into 2026
The company said it is approaching 2026 with a broader mix of offerings that combine one-off data projects and subscription services. The announced portfolio includes:
- curated bespoke data sets tailored to specific client needs,
- pre-curated specialty datasets,
- Palantir Agentic Search for data discovery, and
- subscription data licenses that provide near real-time streaming healthcare data feeds.
OneMedNet emphasized the role of its premium recurring revenue solutions powered by Palantir Foundry, noting that these subscription offerings are expected to support a more predictable, higher-margin, and scalable revenue profile as the business shifts toward a predominantly subscription-based model.
Market signal and corporate positioning
The company framed the recent bookings milestone as confirmation of momentum driven by enterprise demand and larger contracts. Management described the transition away from project-only engagements and toward subscription partnerships as central to improving revenue visibility and long-term enterprise value.
Note on information scope
The details provided here reflect the information OneMedNet disclosed regarding its 2025 bookings total, the comparative 4.1X increase, the product mix planned for 2026, and management commentary on the strategic shift to subscription revenue. Where the company highlighted expectations for the subscription solutions to create a more predictable and higher-margin revenue profile, that expectation was presented by the company as part of its strategic outlook.