On24 (ONTF) Invested Capital (2020 - 2025)
On24 posted quarterly Invested Capital of $139.4 million for Q4 2025, down 12.52% year-on-year from $159.4 million in Q4 2024, and down 3.38% on a QoQ basis from $144.3 million in Q3 2025.
On24 (ONTF) has 6 years of Invested Capital data on file, last reported at $139.4 million in Q4 2025.
- For the quarter ending Q4 2025, Invested Capital fell 12.52% year-over-year to $139.4 million; the trailing twelve-month figure through Dec 2025 stood at $139.4 million (down 12.52% YoY), and the FY2025 full-year result was $139.4 million, down 12.52% from the prior year.
- Invested Capital for Q4 2025 stood at $139.4 million, down from $144.3 million in the prior quarter.
- Across five years, Invested Capital topped out at $365.1 million in Q2 2021 and bottomed at $139.4 million in Q4 2025.
- The 5-year median for Invested Capital is $204.8 million (2023), against an average of $243.5 million.
- The widest annual swing landed in 2021, when Invested Capital jumped 407.75%; it then sank 41.75% in 2023.
- A 5-year view of Invested Capital shows it stood at $355.7 million in 2021, then declined by 12.95% to $309.6 million in 2022, then tumbled by 41.75% to $180.3 million in 2023, then retreated by 11.61% to $159.4 million in 2024, then dropped by 12.52% to $139.4 million in 2025.
- The last three Invested Capital figures came in at $139.4 million (Q4 2025), $144.3 million (Q3 2025), and $150.0 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 53.11 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 73.58 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 24.75 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 12.50 Bn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 11.73 Bn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 6.99 Bn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 16.81 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 6.35 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 26.79 Bn |
| 10 | On24 | - | - | 25.94 Mn | 139.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 139.45 Mn |
| Sep 30, 2025 | 144.33 Mn |
| Jun 30, 2025 | 150.02 Mn |
| Mar 31, 2025 | 153.73 Mn |
| Dec 31, 2024 | 159.41 Mn |
| Sep 30, 2024 | 164.88 Mn |
| Jun 30, 2024 | 170.85 Mn |
| Mar 31, 2024 | 174.42 Mn |
| Dec 31, 2023 | 180.34 Mn |
| Sep 30, 2023 | 192.52 Mn |
| Jun 30, 2023 | 216.99 Mn |
| Mar 31, 2023 | 290.94 Mn |
| Dec 31, 2022 | 309.61 Mn |
| Sep 30, 2022 | 317.95 Mn |
| Jun 30, 2022 | 321.85 Mn |
| Mar 31, 2022 | 335.56 Mn |
| Dec 31, 2021 | 355.67 Mn |
| Sep 30, 2021 | 364.31 Mn |
| Jun 30, 2021 | 365.08 Mn |
| Mar 31, 2021 | 362.26 Mn |
| Dec 31, 2020 | -115.57 Mn |
| Sep 30, 2020 | -154.98 Mn |
| Jun 30, 2020 | -163.44 Mn |
| Mar 31, 2020 | -172.32 Mn |