Barker handled the production, largely tracked at his Woodland Hills compound in the band's home state California.

The album's digital artwork consists of black-and-white portraits of the trio while physical editions were printed with the band's signature smiley logo, drawn by famed graffiti artist Eric Haze.

[7] Rather than breaking up again, Hoppus and Barker decided to enlist Alkaline Trio singer and guitarist Matt Skiba to take DeLonge's place.

[16] Hoppus' battle with cancer prompted a secret meeting between him, DeLonge, and Barker to reconvene, overcome old disputes, and reconnect as friends.

[20] The complex's white-walled aesthetic led DeLonge and Hoppus to joke it looked like a "punk rock day spa".

Early recording was also stinted by Hoppus' cancer recovery, as chemotherapy had severely damaged both his body and vocal chords.

According to Los Angeles Times reporter Amy Kaufman, the band initially progressed slowly, as "it took Hoppus a minute to trust their latest reconciliation [...] after years of DeLonge's inconsistency.

Prior to the album, Barker had produced a few of the band's previous songs and worked with a few other artists, most notably with Machine Gun Kelly's Tickets to My Downfall (2020).

[23] "Anthem Part 3" addresses complacency and encourages self-improvement; with its staccato opening and title, it serves as a sequel in its series.

[24] Barker was meticulous in devising what meter to set the song at, and settled on an uptempo groove he felt maximized its danceability.

[27] "Terrified" originated as a demo between DeLonge and Barker before the band reformed; they felt it was an extension of the style they explored on Box Car Racer.

[28] The acoustic title track softly reflects on the band's history and questions why it requires tragedies to prompt reconciliation.

[37] "Fuck Face" is a tribute to hardcore punk that was initially an unrelated demo Barker recorded for fun with longtime collaborator Tim Armstrong.

[43] Tom Walsh of Punktastic described One More Time... as a "genuinely good punk rock record", helping to appeal to more hardcore fans.

[44] Maya Georgi of Rolling Stone felt a similar sentiment, stating that the band is "at their best when they are channeling punk-rock energy" on the album.

[49][50] The band did not conduct a traditional press tour for the album; their hour-length interview with radio host Zane Lowe was intended to be their only statement about the record.

[51] The group's official site was updated with a "stall" page—a visual of a graffiti-tagged bathroom, with a digital clock icon counting down to the release of the album's second single.

[62] The album also opened in second place in Australia,[63] Germany,[64] and Switzerland,[65] and debuted within the top five in Belgium,[66] Ireland,[67] Italy,[68] Scotland,[69] and New Zealand.

[87] Rolling Stone reviewer Maya Georgi gave the album high marks, observing, "As always, Blink-182 are at their best when they are channeling punk-rock energy and wailing tongue-in-cheek couplets against choppy guitars and Barker's driving rhythms.

"[88] Matt Collar from AllMusic praised its lyrical depth, writing, "there's certainly the sense that blink-182 are working through the pain of the past two decades.

"[89] In a mixed review, Stereogum's Pranav Trewn said "As an argument for the alchemic properties of this lineup configuration, the band really sounds like they have something to prove [...] but there are dull moments to be sure, enough that in aggregate those flashes of excitement quickly begin to fade from memory.

"[90] NME reviewer Emma Wilkes found the album "a full circle moment [...] the issue is, however, that it's perhaps lacking in variety.

"[85] Helen Brown of The Independent dismissed it as "hardly revelatory,"[82] while GQ writer Yang-Yi Goh found the tunes "glossy, efficient, and largely anodyne [...] most of the songs have had their rough edges sanded down too smooth, and feel more aimed at back-to-basics nostalgia than hard-earned progress.

"[91] Pitchfork's pan of the album found writer Arielle Gordon bemoaning its regressive sound, commenting: "It feels disjointed and bloated, not to mention heavily indebted to the band members’ existing discography.

[96] Another leg of shows in Latin America, the band's first time playing there, will start in 2024, including headlining slots at Lollapalooza in Chile, Argentina, and Brazil.

[98] The following weekend, singer Frank Ocean was unable to perform during his time slot, so the band made an impromptu second appearance at the festival in his place.

The Latin American leg was initially slated for the first half of 2023, but was postponed after he sustained a serious finger injury that required surgery.

[100] Later that year, shows in Glasgow, Belfast, and Dublin were postponed after Barker returned to the United States for an emergency surgery for his wife.