---
schema_version: "secwatch.filing_event.v1"
accession: "0001110611-23-000002"
form_type: "8-K"
ticker: null
cik: "0001110611"
company_name: "ON24 INC."
filed_at: "2023-02-28T23:59:59+00:00"
generated_at: "2026-06-18T20:56:34.519027+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ON24 Q4 revenue -11% YoY; announces $100M capital return, restructuring plan

## Summary
- Q4 total revenue $46.6M (-11% YoY); GAAP net loss $0.25/share, non-GAAP loss $0.04/share.
- Core Platform ARR $152.6M (-3% YoY); Total ARR $159.6M (-7%).
- Restructuring plan $2.8-$3.3M charges (severance + real estate); expects completion Q1 2023.
- $0.50 special dividend + ~$75M buyback; total $141M returned since Dec 2021.
- FY2023 guidance: Core Platform revenue $160-165M; expects non-GAAP breakeven EPS in Q2 2023.

## SEC filing metadata
- accession: 0001110611-23-000002
- form_type: 8-K
- cik: 0001110611
- company_name: ON24 INC.
- filed_at: 2023-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 2.05, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1110611/000111061123000002/0001110611-23-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1110611/000111061123000002/ontf-20230228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001110611-23-000002
- JSON: https://secwatch.observer/filing/0001110611-23-000002.json
- Plain text: https://secwatch.observer/filing/0001110611-23-000002.txt

## Key facts
- Restructurings & Charges
  ON24 INC. announced a impairment with charges of $1.3 million to $1.5 million affecting underutilized real estate.
  - Type: impairment
  - Charge: $1.3 million to $1.5 million
  - Affected area: underutilized real estate
  source text: the Company currently estimates it will incur a charge of between approximately $2.8 million to $3.3 million by the end of the first quarter of 2023, which consists of $1.5 million to $1.8 million for the reduction in force in cash severance costs and a $1.3 million to $1.5 million impairment charge for underutilized real estate.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1110611/000111061123000002/0001110611-23-000002-index.htm
- Restructurings & Charges
  ON24 INC. announced a restructuring with charges of $1.5 million to $1.8 million.
  - Type: restructuring
  - Charge: $1.5 million to $1.8 million
  source text: the Company currently estimates it will incur a charge of between approximately $2.8 million to $3.3 million by the end of the first quarter of 2023, which consists of $1.5 million to $1.8 million for the reduction in force in cash severance costs
  evidence_url: https://www.sec.gov/Archives/edgar/data/1110611/000111061123000002/0001110611-23-000002-index.htm
- Restructurings & Charges
  ON24 INC. announced a restructuring with charges of between approximately $2.8 million to $3.3 million.
  - Type: restructuring
  - Charge: between approximately $2.8 million to $3.3 million
  source text: the Company committed to a restructuring plan to reduce expenses (the “ Plan ”). In connection with the Plan, the Company currently estimates it will incur a charge of between approximately $2.8 million to $3.3 million by the end of the first quarter of 2023, which consists of $1.5 million to $1.8 million for the reduction in force in cash severance costs and a $1.3 million to $1.5 million impairment charge for underutilized real estate.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1110611/000111061123000002/0001110611-23-000002-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.