On24 (ONTF) Operating Margin (2020 - 2025)
On24 posted quarterly Operating Margin of 23.52% for Q4 2025, up 859.0% year-on-year from 2.45% in Q4 2024, and down 1.87% on a QoQ basis from 23.09% in Q3 2025.
On24 (ONTF) has 6 years of Operating Margin data on file, last reported at 23.52% in Q4 2025.
- For the quarter ending Q4 2025, Operating Margin rose 859.0% year-over-year to 23.52%; the trailing twelve-month figure through Dec 2025 stood at 25.68% (up 853.0% YoY), and the FY2025 full-year result was 25.68%, up 853.0% from the prior year.
- Operating Margin for Q4 2025 stood at 23.52%, down from 23.09% in the prior quarter.
- Across five years, Operating Margin topped out at 4.46% in Q1 2021 and bottomed at 46.3% in Q1 2023.
- The 5-year median for Operating Margin is 31.06% (2022), against an average of 28.08%.
- The widest annual swing landed in 2021, when Operating Margin plunged 3651 bps; it then jumped 1365 bps in 2025.
- A 5-year view of Operating Margin shows it stood at 18.47% in 2021, then slumped by 58 bps to 29.27% in 2022, then fell by 6 bps to 31.07% in 2023, then dropped by 3 bps to 32.11% in 2024, then grew by 27 bps to 23.52% in 2025.
- The last three Operating Margin figures came in at 23.52% (Q4 2025), 23.09% (Q3 2025), and 25.96% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 28.69% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 16.69% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 14.56% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 12.05% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 13.34% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 29.26% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 37.79% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | -22.99% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 46.97% |
| 10 | On24 | - | - | 25.94 Mn | -23.52% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -23.52% |
| Sep 30, 2025 | -23.09% |
| Jun 30, 2025 | -25.96% |
| Mar 31, 2025 | -30.13% |
| Dec 31, 2024 | -32.11% |
| Sep 30, 2024 | -36.74% |
| Jun 30, 2024 | -34.96% |
| Mar 31, 2024 | -33.06% |
| Dec 31, 2023 | -31.07% |
| Sep 30, 2023 | -35.86% |
| Jun 30, 2023 | -37.49% |
| Mar 31, 2023 | -46.30% |
| Dec 31, 2022 | -29.27% |
| Sep 30, 2022 | -31.04% |
| Jun 30, 2022 | -33.21% |
| Mar 31, 2022 | -31.28% |
| Dec 31, 2021 | -18.47% |
| Sep 30, 2021 | -18.76% |
| Jun 30, 2021 | -4.76% |
| Mar 31, 2021 | -4.46% |
| Dec 31, 2020 | 18.04% |
| Sep 30, 2020 | 16.06% |
| Jun 30, 2020 | 19.03% |
| Mar 31, 2020 | -6.15% |