On24 (ONTF) Gross Margin (2020 - 2025)
On24 posted quarterly Gross Margin of 74.88% for Q4 2025, up 39.0% year-on-year from 53.87% in Q4 2024, and little changed on a QoQ basis from 74.74% in Q3 2025.
On24 (ONTF) has 6 years of Gross Margin data on file, last reported at 74.88% in Q4 2025.
- For the quarter ending Q4 2025, Gross Margin rose 39.0% year-over-year to 74.88%; the trailing twelve-month figure through Dec 2025 stood at 74.63% (up 30.0% YoY), and the FY2025 full-year result was 74.63%, up 30.0% from the prior year.
- Gross Margin for Q4 2025 stood at 74.88%, roughly flat from 74.74% in the prior quarter.
- Across five years, Gross Margin topped out at 78.65% in Q1 2021 and bottomed at 69.33% in Q1 2023.
- The 5-year median for Gross Margin is 74.38% (2024), against an average of 73.97%.
- Peak annual rise in Gross Margin reached 575 bps in 2021, while the deepest fall reached 561 bps in 2021.
- A 5-year view of Gross Margin shows it stood at 75.53% in 2021, then retreated by 5 bps to 71.57% in 2022, then rose by 4 bps to 74.55% in 2023, then dropped by 0 bps to 74.5% in 2024, then increased by 1 bps to 74.88% in 2025.
- The last three Gross Margin figures came in at 74.88% (Q4 2025), 74.74% (Q3 2025), and 75.09% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 72.98% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 77.61% |
| 3 | Uber Technologies | 147.39 Bn | 146.35 Bn | 11.88 Bn | 89.96% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 48.77% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 75.07% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 85.65% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 89.62% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 48.28% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 79.05% |
| 10 | On24 | - | - | 25.94 Mn | 74.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 74.88% |
| Sep 30, 2025 | 74.74% |
| Jun 30, 2025 | 75.09% |
| Mar 31, 2025 | 73.79% |
| Dec 31, 2024 | 74.50% |
| Sep 30, 2024 | 74.29% |
| Jun 30, 2024 | 74.46% |
| Mar 31, 2024 | 74.07% |
| Dec 31, 2023 | 74.55% |
| Sep 30, 2023 | 72.34% |
| Jun 30, 2023 | 71.01% |
| Mar 31, 2023 | 69.33% |
| Dec 31, 2022 | 71.57% |
| Sep 30, 2022 | 72.04% |
| Jun 30, 2022 | 72.43% |
| Mar 31, 2022 | 73.31% |
| Dec 31, 2021 | 75.53% |
| Sep 30, 2021 | 75.55% |
| Jun 30, 2021 | 77.22% |
| Mar 31, 2021 | 78.65% |
| Dec 31, 2020 | 81.15% |
| Sep 30, 2020 | 79.76% |
| Jun 30, 2020 | 78.08% |
| Mar 31, 2020 | 72.90% |