Growth Metrics

On24 (ONTF) Research & Development (2020 - 2025)

On24 posted quarterly Research & Development of $8.0 million for Q4 2025, down 9.92% year-on-year from $8.9 million in Q4 2024, and down 1.85% on a QoQ basis from $8.2 million in Q3 2025.

On24 (ONTF) has 6 years of Research & Development data on file, last reported at $8.0 million in Q4 2025.

  • For the quarter ending Q4 2025, Research & Development fell 9.92% year-over-year to $8.0 million; the trailing twelve-month figure through Dec 2025 stood at $33.0 million (down 9.04% YoY), and the FY2025 full-year result was $33.0 million, down 9.04% from the prior year.
  • Research & Development for Q4 2025 stood at $8.0 million, down from $8.2 million in the prior quarter.
  • Across five years, Research & Development topped out at $11.3 million in Q3 2022 and bottomed at $7.9 million in Q1 2021.
  • The 5-year median for Research & Development is $9.1 million (2021), against an average of $9.5 million.
  • The widest annual swing landed in 2021, when Research & Development soared 95.58%; it then dropped 17.93% in 2024.
  • A 5-year view of Research & Development shows it stood at $9.6 million in 2021, then grew by 16.36% to $11.2 million in 2022, then declined by 16.3% to $9.4 million in 2023, then retreated by 5.16% to $8.9 million in 2024, then retreated by 9.92% to $8.0 million in 2025.
  • The last three Research & Development figures came in at $8.0 million (Q4 2025), $8.2 million (Q3 2025), and $8.5 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn -1.99 Bn
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn 1.62 Bn
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn 951.00 Mn
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn 437.00 Mn
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn 823.00 Mn
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn 508.44 Mn
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 1.11 Bn
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn 253.90 Mn
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn 840.00 Mn
10 On24 - - 25.94 Mn 8.00 Mn

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 8.00 Mn
Sep 30, 2025 8.15 Mn
Jun 30, 2025 8.51 Mn
Mar 31, 2025 8.31 Mn
Dec 31, 2024 8.88 Mn
Sep 30, 2024 9.18 Mn
Jun 30, 2024 9.08 Mn
Mar 31, 2024 9.11 Mn
Dec 31, 2023 9.36 Mn
Sep 30, 2023 9.73 Mn
Jun 30, 2023 10.93 Mn
Mar 31, 2023 11.10 Mn
Dec 31, 2022 11.19 Mn
Sep 30, 2022 11.32 Mn
Jun 30, 2022 10.95 Mn
Mar 31, 2022 10.64 Mn
Dec 31, 2021 9.61 Mn
Sep 30, 2021 9.11 Mn
Jun 30, 2021 8.16 Mn
Mar 31, 2021 7.95 Mn
Dec 31, 2020 6.00 Mn
Sep 30, 2020 4.66 Mn
Jun 30, 2020 4.51 Mn
Mar 31, 2020 4.10 Mn