On24 (ONTF) Research & Development (2020 - 2025)
On24 (ONTF) reported Research & Development of $8.0 million for Q4 2025, down 9.92% on a YoY basis from $8.9 million in Q4 2024, and down 1.85% quarter-over-quarter from $8.2 million in Q3 2025.
On24 (ONTF) Research & Development (2020 - 2025) Analysis & Trends
On24 has reported Research & Development for 6 years, with the latest figure 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.
- The five-year high for Research & Development was $11.3 million in Q3 2022, with the low at $7.9 million in Q1 2021.
- Historically, Research & Development has averaged $9.5 million across 5 years, with a median of $9.1 million in 2021.
- Annual changes were most pronounced in 2021 — Research & Development soared 95.58% — and 2024, when it dropped 17.93%.
- On24's Research & Development stood at $9.6 million in 2021, then climbed by 16.36% to $11.2 million in 2022, then dropped by 16.3% to $9.4 million in 2023, then fell by 5.16% to $8.9 million in 2024, then fell 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 | 238.14 Bn | 220.17 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -37.02 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 951.00 Mn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 437.00 Mn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 1.63 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 508.44 Mn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 823.00 Mn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 253.90 Mn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 1.20 Bn |
| 10 | On24 | - | - | 25.94 Mn | 8.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |