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ONTF logoON24, Inc.(ONTF)Earnings, Financials & Key Ratios

ONTF•NYSE
$8.10
$345M mkt cap·Price updated May 6, 2026
SectorTechnologyIndustryApplication SoftwareSub-IndustryMarketing automation and ad technology
AboutON24, Inc. provides a cloud-based digital experience platform that enables businesses to convert customer engagement into revenue through interactive webinar, virtual event, and multimedia content experiences worldwide. The company provides ON24 Experience products, such as ON24 Elite, a live and interactive webinar experience; ON24 Breakouts, a live breakout room experience that facilitates networking, collaboration and interactivity between users; ON24 Go Live, a live, interactive video event experience that enables presenters and attendees to engage face-to-face in real-time; ON24 Virtual Confrence, a live and large scale virtual event experience; ON24 Engagement Hub, a rich multimedia content experience; and ON24 Target, a personalized and curated rich multimedia content experience, as well as solutions; ON24 Intelligence, an analytics backbone that captures first-person data to power the insights, benchmarking, reporting, and artificial intelligence and machine learning engine; and ON24 Connect, an ecosystem of third-party application integrations. It also offers professional services, such as experience management, monitoring, premium support, and implementation and other services. The company sells its products through direct sales. It serves technology, financial services, healthcare, industrial and manufacturing, professional services, and business-to-business information service industries. The company was formerly known as NewsDirect, Inc. and changed its name to ON24, Inc. in December 1998. The company was incorporated in 1998 and is headquartered in San Francisco, California.Show more
  • Revenue$139M-5.9%
  • EBITDA-$31M+32.5%
  • Net Income-$29M+31.6%
  • EPS (Diluted)-0.68+32.7%
  • Gross Margin74.63%+0.4%
  • EBITDA Margin-22.2%+28.3%
  • Operating Margin-25.68%+24.9%
  • Net Margin-20.71%+27.2%
  • ROE-19.31%+22.2%
  • ROIC-20.97%+22.6%
  • Debt/Equity0.04+88.1%
  • Interest Coverage-173.57+85.8%
Technical→

ONTF Key Insights

ON24, Inc. (ONTF) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Momentum leader: RS Rating 86 (top 14%)
  • ✓Trading near 52-week high

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

ONTF Price & Volume

ON24, Inc. (ONTF) stock price & volume — 10-year historical chart

Loading chart...

ONTF Growth Metrics

ON24, Inc. (ONTF) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years-2.35%
3 Years-9.96%
TTM-5.92%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM31.56%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM32.67%

Return on Capital

10 Years-26.59%
5 Years-21.34%
3 Years-25.75%
Last Year-23.21%

ONTF Recent Earnings

ON24, Inc. (ONTF) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 12/12 qtrs (100%)●Beat Revenue 12/12 qtrs (100%)
Q1 2026Latest
Feb 25, 2026
EPS
$0.05
Est $0.02
+150.0%
Revenue
$35M
Est $34M
+1.9%
Q4 2025
Nov 10, 2025
EPS
$0.03
Est $0.02
+50.0%
Revenue
$35M
Est $34M
+1.8%
Q3 2025
Aug 7, 2025
EPS
$0.02
Est $0.01
+166.7%
Revenue
$35M
Est $34M
+4.8%
Q2 2025
May 7, 2025
EPS
$0.01
Est $0.03
+66.7%
Revenue
$35M
Est $34M
+1.5%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q1 2026LatestFeb 25, 2026
$0.05vs $0.02+150.0%
$35Mvs $34M+1.9%
Q4 2025Nov 10, 2025
$0.03vs $0.02+50.0%
$35Mvs $34M+1.8%
Q3 2025Aug 7, 2025
$0.02vs $0.01+166.7%
$35Mvs $34M+4.8%
Q2 2025May 7, 2025
$0.01vs $0.03+66.7%
$35Mvs $34M+1.5%
Based on last 12 quarters of dataView full earnings history →

ONTF Peer Comparison

ON24, Inc. (ONTF) competitors in Marketing automation and ad technology — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
ZM logoZMZoom Communications, Inc.Direct Competitor32.31B105.1317.014.36%39.03%19.37%0.00
MSFT logoMSFTMicrosoft CorporationProduct Competitor3.07T413.8730.3414.93%39.34%33.13%0.33
CXM logoCXMSprinklr, Inc.Product Competitor1.29B5.2558.337.64%2.67%3.93%0.08
HUBS logoHUBSHubSpot, Inc.Product Competitor12.11B235.16273.4419.17%1.47%2.3%0.23
BRZE logoBRZEBraze, Inc.Product Competitor2.24B21.94-17.9824.4%-17.79%-22.83%0.13
SPOK logoSPOKSpok Holdings, Inc.Product Competitor220.16M10.6214.161.49%10.33%7.28%0.05
CRM logoCRMSalesforce, Inc.Supply Chain174.3B181.1923.239.58%17.96%12.61%0.11
ADBE logoADBEAdobe Inc.Supply Chain103.32B250.1714.9810.53%29.48%62.31%0.57

Compare ONTF vs Peers

ON24, Inc. (ONTF) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs ZM

Most directly comparable listed peer for ONTF.

Scale Benchmark

vs GOOGL

Larger-name benchmark to compare ONTF against a more recognizable public peer.

Peer Set

Compare Top 5

vs ZM, MSFT, CXM, HUBS

ONTF Income Statement

ON24, Inc. (ONTF) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Sales/Revenue82.61M89.13M156.94M203.61M190.87M163.71M148.08M139.31M
Revenue Growth %-7.9%76.08%29.74%-6.26%-14.23%-9.55%-5.92%
Cost of Goods Sold24.92M27.14M33.34M47.37M52.78M46.26M38.01M35.34M
COGS % of Revenue30.17%30.45%21.24%23.26%27.65%28.26%25.67%25.37%
Gross Profit
57.69M▲ 0%
61.99M▲ 7.5%
123.61M▲ 99.4%
156.25M▲ 26.4%
138.09M▼ 11.6%
117.44M▼ 14.9%
110.07M▼ 6.3%
103.97M▼ 5.5%
Gross Margin %69.83%69.55%78.76%76.74%72.35%71.74%74.33%74.63%
Gross Profit Growth %-7.46%99.39%26.41%-11.62%-14.95%-6.28%-5.54%
Operating Expenses73.77M78.09M101.76M179.84M197.67M179.45M160.73M139.74M
OpEx % of Revenue89.3%87.61%64.84%88.32%103.56%109.61%108.54%100.31%
Selling, General & Admin60.28M62.36M82.49M145M153.57M138.32M124.48M106.77M
SG&A % of Revenue72.97%69.97%52.56%71.21%80.46%84.49%84.06%76.64%
Research & Development14.34M15.73M19.27M34.84M44.1M41.12M36.25M32.97M
R&D % of Revenue17.36%17.65%12.28%17.11%23.11%25.12%24.48%23.67%
Other Operating Expenses-850K0000000
Operating Income
-16.09M▲ 0%
-16.1M▼ 0.1%
21.84M▲ 235.7%
-23.59M▼ 208.0%
-59.58M▼ 152.6%
-62M▼ 4.1%
-50.66M▲ 18.3%
-35.77M▲ 29.4%
Operating Margin %-19.47%-18.06%13.92%-11.59%-31.22%-37.87%-34.21%-25.68%
Operating Income Growth %--0.1%235.66%-208%-152.58%-4.06%18.3%29.38%
EBITDA-14.1M-6.76M24.82M-19M-52.2M-56.64M-45.83M-30.93M
EBITDA Margin %-17.07%-7.58%15.81%-9.33%-27.35%-34.6%-30.95%-22.2%
EBITDA Growth %-52.07%467.12%-176.55%-174.79%-8.5%19.09%32.51%
D&A (Non-Cash Add-back)1.98M9.34M2.97M4.59M7.38M5.36M4.83M4.84M
EBIT-16.93M-16.14M21.92M-24.08M-57.07M-50.7M-41.49M-28.29M
Net Interest Income-1.05M-1.03M-869K221K1.73M3.82M4.03M-163K
Interest Income000685K1.91M3.91M4.07M0
Interest Expense1.05M1.03M869K464K181K93K34K163K
Other Income/Expense-1.31M-1.07M-793K-951K2.33M11.21M9.13M7.32M
Pretax Income
-17.39M▲ 0%
-17.17M▲ 1.3%
21.05M▲ 222.6%
-24.54M▼ 216.6%
-57.25M▼ 133.3%
-50.79M▲ 11.3%
-41.52M▲ 18.2%
-28.45M▲ 31.5%
Pretax Margin %-21.05%-19.27%13.41%-12.05%-29.99%-31.03%-28.04%-20.43%
Income Tax198K355K297K-285K958K995K633K398K
Effective Tax Rate %-1.14%-2.07%1.41%1.16%-1.67%-1.96%-1.52%-1.4%
Net Income
-17.59M▲ 0%
-17.53M▲ 0.4%
20.75M▲ 218.4%
-24.26M▼ 216.9%
-58.21M▼ 140.0%
-51.79M▲ 11.0%
-42.16M▲ 18.6%
-28.85M▲ 31.6%
Net Margin %-21.29%-19.66%13.22%-11.91%-30.5%-31.63%-28.47%-20.71%
Net Income Growth %-0.36%218.41%-216.88%-139.97%11.03%18.6%31.56%
Net Income (Continuing)-17.59M-17.53M20.75M-24.26M-58.21M-51.79M-42.16M-28.85M
Discontinued Operations00000000
Minority Interest00000000
EPS (Diluted)
-0.55▲ 0%
-0.73▼ 32.7%
0.09▲ 112.5%
-0.52▼ 670.8%
-1.23▼ 136.5%
-1.16▲ 5.7%
-1.01▲ 12.9%
-0.68▲ 32.7%
EPS Growth %--32.73%112.48%-670.8%-136.54%5.69%12.93%32.67%
EPS (Basic)-0.55-0.730.09-0.52-1.23-1.16-1.01-0.68
Diluted Shares Outstanding40.75M44.47M44.47M47.73M47.49M44.64M41.76M42.45M
Basic Shares Outstanding40.75M44.47M44.47M47.73M47.49M44.64M41.76M42.45M
Dividend Payout Ratio--0.3%-----

ONTF Balance Sheet

ON24, Inc. (ONTF) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Total Current Assets29M54.24M127.47M449.06M391.3M241.36M228.33M205.73M
Cash & Short-Term Investments8.95M23.84M61.24M382.56M328.12M198.71M182.74M167.53M
Cash Only6.95M18.84M58.24M164.95M27M53.21M14.93M37.01M
Short-Term Investments2M5M3M217.61M301.13M145.5M167.8M130.52M
Accounts Receivable17.91M22.6M49.49M46.12M43.76M37.94M28.62M24.64M
Days Sales Outstanding79.1592.56115.182.6783.6884.5970.5364.57
Inventory05.57M10.53M00000
Days Inventory Outstanding-74.92115.28-----
Other Current Assets003.36M14.77M19.42M4.71M16.98M13.56M
Total Non-Current Assets5.71M14.3M29.25M31.43M34.18M38.94M22.62M22.63M
Property, Plant & Equipment5.68M5.37M9.05M8.78M12.82M8.35M8.97M10.33M
Fixed Asset Turnover14.55x16.60x17.34x23.19x14.89x19.60x16.51x13.49x
Goodwill00000000
Intangible Assets00001.98M1.3M660K156K
Long-Term Investments089K000000
Other Non-Current Assets34K8.84M20.2M22.65M19.38M29.29M12.99M12.15M
Total Assets
34.71M▲ 0%
68.54M▲ 97.5%
156.72M▲ 128.7%
480.49M▲ 206.6%
425.47M▼ 11.5%
280.3M▼ 34.1%
250.95M▼ 10.5%
228.36M▼ 9.0%
Asset Turnover2.38x1.30x1.00x0.42x0.45x0.58x0.59x0.61x
Asset Growth %-97.48%128.67%206.59%-11.45%-34.12%-10.47%-9%
Total Current Liabilities49.64M58.93M116.77M120.13M110.73M96.08M88.2M82.81M
Accounts Payable1.88M2.11M4.73M3.12M4.61M1.91M2.75M5.26M
Days Payables Outstanding27.5428.3651.7924.0731.8815.126.3754.32
Short-Term Debt1.12M1.01M2.36M2.04M02.91M0710K
Deferred Revenue (Current)35.05M44.44M92.24M96.22M83.45M74.36M66.69M60.27M
Other Current Liabilities7.65M7.08M11.93M10.42M13.07M12.68M16.39M16.56M
Current Ratio0.58x0.92x1.09x3.74x3.53x2.51x2.59x2.48x
Quick Ratio0.58x0.83x1.00x3.74x3.53x2.51x2.59x2.48x
Cash Conversion Cycle-139.11178.58-----
Total Non-Current Liabilities24.18M26.96M29.75M5.27M6.78M4M3.34M6.1M
Long-Term Debt18.15M23.06M25.73M1.96M0004.86M
Capital Lease Obligations1.81M-3.12M01.65M5.04M2.48M1.02M0
Deferred Tax Liabilities03.12M000000
Other Non-Current Liabilities3.72M3.44M2.87M732K1.74M1.52M2.33M1.24M
Total Liabilities73.82M85.89M146.52M125.4M117.51M100.08M91.54M88.91M
Total Debt21.08M24.07M28.09M7.41M9.24M5.39M3.39M5.57M
Net Debt14.13M5.22M-30.16M-157.54M-17.75M-47.82M-11.54M-31.44M
Debt / Equity--2.75x0.02x0.03x0.03x0.02x0.04x
Debt / EBITDA--1.13x-----
Net Debt / EBITDA---1.22x-----
Interest Coverage-16.10x-15.69x25.22x-51.89x-315.30x-545.14x-1220.26x-173.57x
Total Equity
-39.12M▲ 0%
-17.35M▲ 55.6%
10.2M▲ 158.8%
355.09M▲ 3380.9%
307.96M▼ 13.3%
180.22M▼ 41.5%
159.41M▼ 11.5%
139.45M▼ 12.5%
Equity Growth %-55.64%158.79%3380.93%-13.27%-41.48%-11.54%-12.52%
Book Value per Share-0.96-0.390.237.446.494.043.823.29
Total Shareholders' Equity-39.12M-17.35M10.2M355.09M307.96M180.22M159.41M139.45M
Common Stock1K1K1K5K5K4K4K3K
Retained Earnings-176.42M-192.02M-171.26M-195.52M-253.73M-305.51M-347.67M-376.52M
Treasury Stock00000000
Accumulated OCI78K-2K94K-235K-872K435K-111K247K
Minority Interest00000000

ONTF Cash Flow Statement

ON24, Inc. (ONTF) cash flow — operating, investing & free cash flow history

Line itemDec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash from Operations-8.64M-11.35M37.54M5.19M-20.46M-12.2M4.81M7.45M
Operating CF Margin %-10.46%-12.73%23.92%2.55%-10.72%-7.45%3.25%5.35%
Operating CF Growth %--31.38%430.77%-86.18%-494.31%40.36%139.39%55.06%
Net Income-17.59M-17.53M20.75M-24.26M-58.21M-51.79M-42.16M-28.85M
Depreciation & Amortization1.98M2.33M2.97M4.59M5.42M5.36M4.83M4.84M
Stock-Based Compensation1.46M2M2.93M25.65M38.54M45.02M45.19M28.68M
Deferred Taxes58K03.01M2.94M0000
Other Non-Cash Items528K7.75M11.12M15.75M18.46M14.35M13.55M14.53M
Working Capital Changes4.92M-5.91M-3.24M-19.49M-24.67M-25.14M-16.6M-11.75M
Change in Receivables-3.3M-5.43M-29.02M-443K482K2.76M7.16M2.86M
Change in Inventory000-3.01M0000
Change in Payables-728K113K2.03M-1.25M1.53M-2.9M-105K2.38M
Cash from Investing3.95M-4.16M970K-219.19M-88.98M162.31M-19.45M34.82M
Capital Expenditures-3.43M-1.16M-1.03M-3.56M-3.7M-2.18M-2.24M-3.48M
CapEx % of Revenue4.15%1.3%0.66%1.75%1.94%1.33%1.51%2.5%
Acquisitions00-2M215.63M-2.5M000
Investments--------
Other Investing002M-215.63M0000
Cash from Financing3.5M27.58M804K320.51M-28.62M-124.18M-23.27M-20.39M
Debt Issued (Net)3.12M2.2M-1.07M-24.9M-2.1M-1.77M-199K-167K
Equity Issued (Net)376K24.95M3.77M347.22M-29.13M-74.57M-25.78M-20.22M
Dividends Paid00-63K00-49.87M00
Share Repurchases000-7.23M-29.13M-74.57M-25.78M-22.09M
Other Financing0426K-1.84M-1.81M2.61M2.03M2.7M0
Net Change in Cash
-1.11M▲ 0%
11.99M▲ 1175.2%
39.41M▲ 228.8%
106.7M▲ 170.7%
-137.87M▼ 229.2%
26.13M▲ 119.0%
-38.28M▼ 246.5%
22.09M▲ 157.7%
Free Cash Flow
-12.07M▲ 0%
-12.51M▼ 3.7%
36.51M▲ 391.8%
1.63M▼ 95.5%
-24.16M▼ 1586.6%
-14.38M▲ 40.5%
2.56M▲ 117.8%
3.97M▲ 54.7%
FCF Margin %-14.61%-14.04%23.26%0.8%-12.66%-8.79%1.73%2.85%
FCF Growth %--3.65%391.82%-95.55%-1586.65%40.45%117.83%54.7%
FCF per Share-0.30-0.280.820.03-0.51-0.320.060.09
FCF Conversion (FCF/Net Income)0.49x0.65x1.81x-0.21x0.35x0.24x-0.11x-0.26x
Interest Paid-978K1.39M967K652K148K50K2K0
Taxes Paid-155K238K183K337K382K1.23M856K0

ONTF Key Ratios

ON24, Inc. (ONTF) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric20182019202020212022202320242025
Return on Equity (ROE)--203.44%-13.28%-17.56%-21.22%-24.82%-19.31%
Return on Invested Capital (ROIC)----19.92%-18.32%-22.01%-27.11%-20.97%
Gross Margin69.83%69.55%78.76%76.74%72.35%71.74%74.33%74.63%
Net Margin-21.29%-19.66%13.22%-11.91%-30.5%-31.63%-28.47%-20.71%
Debt / Equity--2.75x0.02x0.03x0.03x0.02x0.04x
Interest Coverage-16.10x-15.69x25.22x-51.89x-315.30x-545.14x-1220.26x-173.57x
FCF Conversion0.49x0.65x1.81x-0.21x0.35x0.24x-0.11x-0.26x
Revenue Growth-7.9%76.08%29.74%-6.26%-14.23%-9.55%-5.92%

ONTF SEC Filings & Documents

ON24, Inc. (ONTF) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 1, 2026·SEC

Material company update

Mar 27, 2026·SEC

Material company update

Mar 19, 2026·SEC

10-K Annual Reports

2
FY 2026

Mar 12, 2026·SEC

FY 2025

Mar 13, 2025·SEC

10-Q Quarterly Reports

3
FY 2025

Nov 10, 2025·SEC

FY 2025

Aug 8, 2025·SEC

FY 2025

May 8, 2025·SEC

ONTF Frequently Asked Questions

ON24, Inc. (ONTF) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

ON24, Inc. (ONTF) reported $139.3M in revenue for fiscal year 2025. This represents a 69% increase from $82.6M in 2018.

ON24, Inc. (ONTF) saw revenue decline by 5.9% over the past year.

ON24, Inc. (ONTF) reported a net loss of $28.9M for fiscal year 2025.

Dividend & Returns

ON24, Inc. (ONTF) has a return on equity (ROE) of -19.3%. Negative ROE indicates the company is unprofitable.

ON24, Inc. (ONTF) generated $4.0M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

Explore More ONTF

ON24, Inc. (ONTF) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

→

Price History

Long-term charts & historical price data

→

Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

→
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