Engagement platform ON24 Q3 profit beats estimates, raises FY2025 guidance

ON24

10/11/2025 21:27

Overview

ON24 Q3 revenue of $34.6 mln beats analyst expectations

Adjusted EPS for Q3 at $0.03, exceeding analyst estimates

Company raises FY2025 revenue and bottom-line guidance

Outlook

ON24 raises FY2025 revenue guidance to $138.6 mln-$139.2 mln

Company expects Q4 revenue of $33.9 mln-$34.5 mln

ON24 anticipates Q4 non-GAAP net income per share of $0.01-$0.02

Result Drivers

AI SOLUTIONS ADOPTION - Nearly one in five customers are now purchasing ON24’s AI-powered solutions, with this number increasing each quarter

LINKEDIN PARTNERSHIP - Collaboration with LinkedIn is enhancing ON24's event marketing capabilities, attracting the right audiences to events

FOCUS ON REGULATED INDUSTRIES - ON24 is targeting regulated industries for new business, contributing to its strategic priorities

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$34.60 mln
$33.87 mln (4 Analysts)
Q3 Adjusted EPS
Beat
$0.03
$0.01 (4 Analysts)
Q3 Adjusted Net Income
Beat
$1.20 mln
$431,670 (3 Analysts)
Q3 Net Income
-$6.40 mln
Q3 Adjusted Operating Income
Beat
-$400,000
-$1.05 mln (4 Analysts)
Q3 ARR
$124.50 mln
Q3 Free Cash Flow
$2.20 mln
Q3 Operating Income
-$8 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy."

Wall Street's median 12-month price target for ON24 Inc is $5.00, about 1.2% above its November 7 closing price of $4.94

The stock recently traded at 109 times the next 12-month earnings vs. a P/E of 137 three months ago

Press Release: ID:nBw2N184Na

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)