On24 (ONTF) Invested Capital (2020 - 2025)

On24 (ONTF) reported Invested Capital of $139.4 million for Q4 2025, down 12.52% on a YoY basis from $159.4 million in Q4 2024, and down 3.38% quarter-over-quarter from $144.3 million in Q3 2025.

On24 (ONTF) Invested Capital (2020 - 2025) Analysis & Trends

On24 has reported Invested Capital for 6 years, with the latest figure 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.
  • The five-year high for Invested Capital was $365.1 million in Q2 2021, with the low at $139.4 million in Q4 2025.
  • Historically, Invested Capital has averaged $243.5 million across 5 years, with a median of $204.8 million in 2023.
  • Annual changes were most pronounced in 2021 — Invested Capital jumped 407.75% — and 2023, when it tumbled 41.75%.
  • On24's Invested Capital stood at $355.7 million in 2021, then dropped by 12.95% to $309.6 million in 2022, then plunged by 41.75% to $180.3 million in 2023, then fell by 11.61% to $159.4 million in 2024, then slipped 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 238.14 Bn 220.17 Bn 8.16 Bn 60.16 Bn
2 Full Truck Alliance 166.83 Bn 164.28 Bn - 5.83 Bn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 24.75 Bn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 12.50 Bn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 73.52 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 6.99 Bn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 11.73 Bn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 6.35 Bn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 16.32 Bn
10 On24 - - 25.94 Mn 139.45 Mn

Historic Data

Download Data
DateValue
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