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Side-by-side financial comparison of ON24 INC. (ONTF) and UNITY BANCORP INC (UNTY). Click either name above to swap in a different company.
UNITY BANCORP INC is the larger business by last-quarter revenue ($35.3M vs $34.6M, roughly 1.0× ON24 INC.). UNITY BANCORP INC runs the higher net margin — 43.9% vs -18.8%, a 62.6% gap on every dollar of revenue. On growth, UNITY BANCORP INC posted the faster year-over-year revenue change (24.2% vs -5.6%). UNITY BANCORP INC produced more free cash flow last quarter ($44.3M vs $-2.2M). Over the past eight quarters, UNITY BANCORP INC's revenue compounded faster (17.5% CAGR vs -4.2%).
ON24 Inc., a San Francisco-based company, is a cloud-based platform that develops and sells web-based webinar, virtual conferencing, content hub, and landing page applications as a service for marketing and sales teams in B2B organizations. In 2023 it expanded its offerings to include generative AI services.
Unity Bancorp Inc is a New Jersey-headquartered financial holding company operating Unity Bank. It offers a full range of commercial and retail banking services including business loans, deposit products, mortgage services, and personal banking solutions, primarily serving small and medium-sized enterprises and individual consumers across local communities in New Jersey and eastern Pennsylvania.
ONTF vs UNTY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $34.6M | $35.3M |
| Net Profit | $-6.5M | $15.5M |
| Gross Margin | 74.9% | — |
| Operating Margin | -23.5% | 55.8% |
| Net Margin | -18.8% | 43.9% |
| Revenue YoY | -5.6% | 24.2% |
| Net Profit YoY | 26.8% | 34.5% |
| EPS (diluted) | $-0.15 | $1.52 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $34.6M | $35.3M | ||
| Q3 25 | $34.6M | $32.8M | ||
| Q2 25 | $35.3M | $34.4M | ||
| Q1 25 | $34.7M | $29.4M | ||
| Q4 24 | $36.7M | $28.4M | ||
| Q3 24 | $36.3M | $27.7M | ||
| Q2 24 | $37.3M | $25.5M | ||
| Q1 24 | $37.7M | $25.6M |
| Q4 25 | $-6.5M | $15.5M | ||
| Q3 25 | $-6.4M | $14.4M | ||
| Q2 25 | $-7.3M | $16.5M | ||
| Q1 25 | $-8.7M | $11.6M | ||
| Q4 24 | $-8.9M | $11.5M | ||
| Q3 24 | $-11.4M | $10.9M | ||
| Q2 24 | $-11.2M | $9.5M | ||
| Q1 24 | $-10.7M | $9.6M |
| Q4 25 | 74.9% | — | ||
| Q3 25 | 74.7% | — | ||
| Q2 25 | 75.1% | — | ||
| Q1 25 | 73.8% | — | ||
| Q4 24 | 74.5% | — | ||
| Q3 24 | 74.3% | — | ||
| Q2 24 | 74.5% | — | ||
| Q1 24 | 74.1% | — |
| Q4 25 | -23.5% | 55.8% | ||
| Q3 25 | -23.1% | 57.5% | ||
| Q2 25 | -26.0% | 62.6% | ||
| Q1 25 | -30.1% | 52.6% | ||
| Q4 24 | -32.1% | 51.0% | ||
| Q3 24 | -36.7% | 52.7% | ||
| Q2 24 | -35.0% | 49.3% | ||
| Q1 24 | -33.1% | 50.0% |
| Q4 25 | -18.8% | 43.9% | ||
| Q3 25 | -18.4% | 43.8% | ||
| Q2 25 | -20.6% | 48.0% | ||
| Q1 25 | -25.1% | 39.5% | ||
| Q4 24 | -24.2% | 40.5% | ||
| Q3 24 | -31.4% | 39.4% | ||
| Q2 24 | -29.9% | 37.1% | ||
| Q1 24 | -28.4% | 37.5% |
| Q4 25 | $-0.15 | $1.52 | ||
| Q3 25 | $-0.15 | $1.41 | ||
| Q2 25 | $-0.17 | $1.61 | ||
| Q1 25 | $-0.21 | $1.13 | ||
| Q4 24 | $-0.21 | $1.13 | ||
| Q3 24 | $-0.27 | $1.07 | ||
| Q2 24 | $-0.27 | $0.92 | ||
| Q1 24 | $-0.26 | $0.94 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $37.0M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $139.4M | $345.6M |
| Total Assets | $228.4M | $3.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $37.0M | — | ||
| Q3 25 | $47.2M | — | ||
| Q2 25 | $37.7M | — | ||
| Q1 25 | $26.8M | — | ||
| Q4 24 | $14.9M | — | ||
| Q3 24 | $11.0M | — | ||
| Q2 24 | $15.5M | — | ||
| Q1 24 | $18.3M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $230.8M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $139.4M | $345.6M | ||
| Q3 25 | $144.3M | $334.0M | ||
| Q2 25 | $150.0M | $319.8M | ||
| Q1 25 | $153.7M | $306.1M | ||
| Q4 24 | $159.4M | $295.6M | ||
| Q3 24 | $164.9M | $284.3M | ||
| Q2 24 | $170.8M | $273.4M | ||
| Q1 24 | $174.4M | $266.8M |
| Q4 25 | $228.4M | $3.0B | ||
| Q3 25 | $224.8M | $2.9B | ||
| Q2 25 | $235.1M | $2.9B | ||
| Q1 25 | $245.8M | $2.8B | ||
| Q4 24 | $251.0M | $2.7B | ||
| Q3 24 | $250.9M | $2.6B | ||
| Q2 24 | $259.0M | $2.6B | ||
| Q1 24 | $269.2M | $2.6B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.78× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-1.1M | $44.9M |
| Free Cash FlowOCF − Capex | $-2.2M | $44.3M |
| FCF MarginFCF / Revenue | -6.4% | 125.7% |
| Capex IntensityCapex / Revenue | 3.3% | 1.6% |
| Cash ConversionOCF / Net Profit | — | 2.90× |
| TTM Free Cash FlowTrailing 4 quarters | $4.0M | $81.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-1.1M | $44.9M | ||
| Q3 25 | $2.5M | $45.5M | ||
| Q2 25 | $2.6M | $-25.3M | ||
| Q1 25 | $3.4M | $17.9M | ||
| Q4 24 | $985.0K | $48.0M | ||
| Q3 24 | $295.0K | $17.7M | ||
| Q2 24 | $1.4M | $-8.4M | ||
| Q1 24 | $2.1M | $15.8M |
| Q4 25 | $-2.2M | $44.3M | ||
| Q3 25 | $2.2M | $45.3M | ||
| Q2 25 | $2.1M | $-25.5M | ||
| Q1 25 | $1.9M | $17.6M | ||
| Q4 24 | $424.0K | $47.3M | ||
| Q3 24 | $143.0K | $17.5M | ||
| Q2 24 | $898.0K | $-8.6M | ||
| Q1 24 | $1.1M | $15.7M |
| Q4 25 | -6.4% | 125.7% | ||
| Q3 25 | 6.2% | 138.1% | ||
| Q2 25 | 5.9% | -74.2% | ||
| Q1 25 | 5.6% | 59.9% | ||
| Q4 24 | 1.2% | 166.5% | ||
| Q3 24 | 0.4% | 63.3% | ||
| Q2 24 | 2.4% | -33.7% | ||
| Q1 24 | 2.9% | 61.4% |
| Q4 25 | 3.3% | 1.6% | ||
| Q3 25 | 1.1% | 0.7% | ||
| Q2 25 | 1.4% | 0.5% | ||
| Q1 25 | 4.2% | 1.0% | ||
| Q4 24 | 1.5% | 2.4% | ||
| Q3 24 | 0.4% | 0.5% | ||
| Q2 24 | 1.3% | 0.5% | ||
| Q1 24 | 2.8% | 0.3% |
| Q4 25 | — | 2.90× | ||
| Q3 25 | — | 3.16× | ||
| Q2 25 | — | -1.54× | ||
| Q1 25 | — | 1.54× | ||
| Q4 24 | — | 4.17× | ||
| Q3 24 | — | 1.62× | ||
| Q2 24 | — | -0.89× | ||
| Q1 24 | — | 1.64× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
