ON24, Inc.

ON24, Inc. reported total revenue of $139.3 million for FY 2025, a 6% decrease from $148.1 million in FY 2024. The company generated a gross profit of $104.0 million, representing a gross margin of 75%, up from 74% in the prior year. Despite cost reduction efforts, ON24 recorded a net loss of $28.9 million, an improvement from a net loss of $42.2 million in FY 2024. Operating cash flow was positive at $7.5 million. Key challenges included a decline in customer count to 1,539 from 1,645 and a 6% decrease in Annual Recurring Revenue (ARR) to $124.0 million. The company is subject to a pending merger agreement with Cvent Atlanta, LLC, which could significantly impact future operations.

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