Positive Free Cash Flow
ON24 reported positive free cash flow for the fifth consecutive quarter, achieving $1.9 million in Q1 2025, compared to $1.1 million in Q1 2024.
Improved Gross Retention
The gross retention rate was the highest in the last four years, showing sequential improvement from Q4 2024.
Enterprise Focused Go-To-Market Success
ON24 reported the best enterprise new logo performance in the last five quarters, under new North America sales leadership.
AI Product Adoption
Around 30% of customers use ON24's AI capabilities, with a low-teens percentage paying for AI-powered ACE products.
Share Repurchase Program
ON24 announced a new $50 million share repurchase program, citing undervaluation of their stock.
Strong Cash Position
ON24 ended Q1 2025 with approximately $181 million in cash and investments.