NYSE$ONTF
ON24 Inc · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Announced first quarter 2022 financial results, reporting a total revenue of $48.5 million and an ARR of $167.7 million.
ON24 reported a total revenue of $48.5 million for Q1 2022, a decrease of 3% year-over-year. The company's ARR reached $167.7 million, a 3% increase year-over-year. GAAP operating loss was $15.2 million, and non-GAAP operating loss was $5.7 million. The company launched two new products and acquired VIBBIO to enhance its platform.
- ARR of $167.7 million as of March 31, 2022, an increase of 3% year-over-year.
- Total revenue was $48.5 million, a decrease of 3% year-over-year.
- GAAP Operating Loss was $15.2 million, compared to GAAP operating loss of $2.2 million in the first quarter of 2021.
- Launched ON24 Forums, a new live engagement experience as part of the ON24 Platform.
Headline financials
Revenue & EPS history
ON24 · Revenue · Quarterly
$48.5M
Revenue by segment
ON24 · $40.5M total across 1 segment · Q2 2023
- Core Platform$40.5M—100.0%
Forward guidance
For the second quarter of 2022, ON24 expects total revenue of $47 to $48 million, a non-GAAP operating loss of $8 to $7 million, and a non-GAAP net loss per share of $(0.17) to $(0.15). For the full year 2022, ON24 expects total revenue of $191 to $195 million, a non-GAAP operating loss of $30 to $27 million, and a non-GAAP net loss per share of $(0.64) to $(0.58).
Tailwinds
- Total revenue of $47 to $48 million for Q2 2022.
- Non-GAAP operating loss of $8 to $7 million for Q2 2022.
- Non-GAAP net loss per share of $(0.17) to $(0.15) for Q2 2022.
- Total revenue of $191 to $195 million for full year 2022.
- Non-GAAP operating loss of $30 to $27 million for full year 2022.
Headwinds
- Macro-economic environment, particularly in EMEA.
- Potential impact of organizations continuing to assess their post-pandemic digital budgets.
- Non-GAAP net loss per share of $(0.64) to $(0.58) for full year 2022.
- Non-GAAP operating loss of $8 to $7 million for Q2 2022.
- Non-GAAP operating loss of $30 to $27 million for full year 2022.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2022
-4.1%
Avg return
Earnings day
-3.0%
Avg return
5 days after
-3.5%
Avg return
30 days after
29%
7 / 24 earnings
Positive
+14.1%
Q3 2025
Best reaction
-31.5%
Q2 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | -0.1% | +0.1% | +0.9% | |
| Q3 2025 | +14.1% | +11.4% | +20.4% | |
| Q2 2025 | +3.8% | +10.6% | +15.9% | |
| Q1 2025 | +0.6% | +14.6% | +17.2% | |
| Q4 2024 | -4.1% | -8.9% | -11.1% | |
| Q3 2024 | -0.8% | -1.7% | +0.0% | |
| Q2 2024 | +1.2% | +3.4% | +1.7% | |
| Q1 2024 | -6.5% | -4.4% | -15.8% | |
| Q4 2023 | -9.5% | -6.4% | -11.7% | |
| Q3 2023 | +2.0% | +7.3% | +16.9% | |
| Q2 2023 | -14.4% | -15.4% | -17.3% | |
| Q1 2023 | -1.1% | -3.3% | -8.6% | |
| Q4 2022 | -19.0% | -16.1% | -13.2% | |
| Q3 2022 | +4.3% | +7.8% | +4.3% | |
| Q2 2022 | +0.3% | -1.3% | -9.6% | |
| Q1 2022 | -6.7% | -12.0% | -2.8% | |
| Q4 2019 | -1.9% | +17.3% | +9.2% | |
| Q4 2021 | -9.6% | -14.6% | -11.6% | |
| Q3 2020 | -2.2% | +2.3% | -0.7% | |
| Q3 2021 | -1.7% | -5.7% | -4.9% | |
| Q2 2020 | -1.5% | -6.8% | -5.2% | |
| Q2 2021 | -31.5% | -32.5% | -34.0% | |
| Q1 2021 | -12.8% | -12.0% | -4.8% | |
| Q4 2020 | -2.2% | -4.5% | -19.5% | |
| Q1 2020 | — | — | — | |
| Q3 2019 | — | — | — |
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