ON24 INC.

Listed Company

ONTFCIK 0001110611NYSEEmerging GrowthServices-Prepackaged SoftwareDelawareFY ends Dec 31

Period

FY 2025

Revenue

$139.31M

Net Income

$-28.85M

Total Assets

$228.36M

Equity

$139.45M

Shares Out

42.99M

Op. Cash Flow

$7.45M

Business

ON24 Inc. provides a cloud-based intelligent engagement platform that enables sales and marketing organizations to capture and act on connected insights at scale. Its main products include interactive and personalized digital experiences—ON24 Elite, Breakouts, Forums, Go Live, Engagement Hub and Target—backed by ON24 Intelligence, AI-powered ACE, ON24 Connect, professional services and support, and the non-core Virtual Conference. Key business areas comprise Core Platform Experience products, analytics and AI solutions, third-party integrations (APIs) and professional services. The company serves B2B customers across industries globally through direct and inside sales, integrations and multilingual cloud delivery.

Summary from filing dated 2025-03-13

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Total revenue	139	148	164	191	204
Total cost of revenue	35	38	46	53	47
Gross profit	104	110	117	138	156
Sales and marketing	68	78	89	110	104
Research and development	33	36	41	44	35
General and administrative	39	46	49	44	41
Total operating expenses	140	161	179	198	180
Loss from operations	−36	−51	−62	−60	−24
Interest expense	163,000	34,000	93,000	181,000	—
Other income, net	−7	−9	−11	−3	487,000
Loss before provision for income taxes	−28	−42	−51	−57	−25
Provision for income taxes	398,000	633,000	995,000	958,000	−285,000
Net loss	−29	−42	−52	−58	−24
Basic (in dollars per share)	−0.68	−1.01	−1.16	−1.23	−0.57
Diluted (in dollars per share)	−0.68	−1.01	−1.16	−1.23	−0.57
Basic (in shares)	42	42	45	47	44
Diluted (in shares)	42	42	45	47	44

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	37	15	53	27	165
Marketable securities	131	168	145	301	218
Accounts receivable, net of allowances and reserves of $2,945 and $4,040 as of December 31, 2025 and 2024, respectively	25	29	38	44	46
Deferred contract acquisition costs, current	9	11	12	13	12
Prepaid expenses and other current assets	5	6	5	6	8
Total current assets	206	228	254	391	449
Property and equipment, net	5	7	5	7	—
Operating right-of-use assets	5	2	3	6	—
Intangible asset, net	156,000	660,000	1	2	0
Deferred contract acquisition costs, non-current	11	12	16	18	21
Other long-term assets	890,000	794,000	1	2	2
Total assets	228	251	280	425	480
Accounts payable	5	3	2	5	3
Accrued and other current liabilities	17	16	17	18	19
Deferred revenue	60	67	74	83	96
Operating lease liabilities, current	710,000	2	3	3	—
Total current liabilities	83	88	96	111	120
Operating lease liabilities, non-current	5	1	2	5	—
Other long-term liabilities	1	2	2	2	4
Total liabilities	89	92	100	118	125
Commitments and contingencies (Note 9)	—	—	—	—	—
Common stock, $0.0001 par value per share; 500,000,000 shares authorized as of December 31, 2025 and 2024; 42,588,416 and 42,013,694 shares issued and outstanding as of December 31, 2025 and 2024, respectively	3,000	4,000	4,000	5,000	5,000
Additional paid-in capital	516	507	485	563	551
Accumulated deficit	−377	−348	−306	−254	−196
Accumulated other comprehensive income (loss)	247,000	−111,000	435,000	−872,000	−235,000
Total stockholders equity	139	159	180	308	355
Total liabilities and stockholders equity	228	251	280	425	480

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Depreciation and amortization	5	5	5	5	5
Stock-based compensation expense	29	45	45	39	26
Amortization of deferred contract acquisition costs	13	15	16	16	15
Provision for allowance for doubtful accounts and billing reserves	1	2	3	2	3
Non-cash lease expense	2	2	2	2	0
Accretion of marketable securities	−957,000	−5	−8	−1	504,000
Lease impairment charge	0	0	1	0	0
Other	11,000	123,000	244,000	159,000	−1,000
Accounts receivable	3	7	3	482,000	−443,000
Deferred contract acquisition costs	−10	−10	−13	−14	−19
Prepaid expenses and other assets	1	−2	2	2	−5
Accounts payable	2	−105,000	−3	2	−1
Accrued liabilities	354,000	−2	−2	30,000	2
Deferred revenue	−6	−8	−9	−13	4
Other liabilities	−2	−3	−3	−2	−705,000
Net cash provided by (used in) operating activities	7	5	−12	−20	5
Purchase of property and equipment	−3	−2	−2	−4	−4
Purchase of marketable securities	−118	−197	−276	−297	−236
Proceeds from maturities of marketable securities	156	163	423	194	20
Proceeds from sale of marketable securities	0	16	18	20	0
Net cash provided by (used in) investing activities	35	−19	162	−89	−219
Proceeds from exercise of stock options	1	2	1	3	6
Proceeds from issuance of common stock under ESPP	515,000	668,000	1	2	1
Payment for repurchase of common stock	−22	−26	−75	−29	−7
Payment of cash dividend	0	0	−50	—	—
Repayment of short-term financing and equipment loans	−164,000	−72,000	−236,000	−270,000	−23
Repayment of finance lease obligations	−3,000	−127,000	−2	−2	−2
Acquisition holdback payment	0	0	−403,000	0	0
Net cash used in financing activities	−20	−23	−124	−29	321
Effect of exchange rate changes on cash, cash equivalents and restricted cash	207,000	−366,000	199,000	186,000	185,000
Net increase (decrease) in cash, cash equivalents and restricted cash	22	−38	26	−138	107
Cash paid for taxes, net of refunds	555,000	856,000	1	382,000	337,000
Cash paid for interest	29,000	2,000	50,000	148,000	652,000
Property and equipment purchased funded by liabilities	276,000	0	0	—	—
Property and equipment purchased not yet paid	3	5	1	163,000	419,000
Option exercises not yet settled	68,000	0	215,000	0	311,000

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro