FiscalNote Holdings, Inc.NOTEEarnings & Financial Report
FiscalNote Holdings, Inc., or commonly FiscalNote, is a publicly traded software, data, and media company headquartered in Washington, D.C. The company was founded by Timothy Hwang, Gerald Yao, and Jonathan Chen in 2013. FiscalNote provides software tools, platforms, data services, and news through the FiscalNote Government Relationship Management (GRM) service, its core product. The company also uses an artificial intelligence platform to analyze proposed U.S. legislation based on key phrase...
Revenue
$29.4M
Gross Profit
N/A
Operating Profit
$-6.8M
Net Profit
$-14.9M
Gross Margin
N/A
Operating Margin
-23.1%
Net Margin
-50.7%
YoY Growth
-13.4%
EPS
$-1.33
FiscalNote Holdings, Inc. Q3 FY2024 Financial Summary
FiscalNote Holdings, Inc. reported revenue of $29.4M (down 13.4% YoY) for Q3 FY2024, with a net profit of $-14.9M (down 3.2% YoY) (-50.7% margin).
Key Financial Metrics
| Total Revenue | $29.4M |
|---|---|
| Net Profit | $-14.9M |
| Gross Margin | N/A |
| Operating Margin | -23.1% |
| Report Period | Q3 FY2024 |
Revenue Breakdown
FiscalNote Holdings, Inc. Q3 FY2024 revenue of $29.4M breaks down across 3 segments, led by Subscription at $27.2M (92.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Subscription | $27.2M | 92.5% |
| Advisory Advertising And Other | $2.2M | 7.5% |
| Advisory | $1.1M | 3.8% |
FiscalNote Holdings, Inc. Revenue by Segment — Quarterly Trend
FiscalNote Holdings, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Subscription and Advisory Advertising And Other) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Subscription | $21.2M | $21.2M | $21.4M | $25.2M |
| Advisory Advertising And Other | $1.0M | $1.2M | $1.9M | $2.3M |
| Advisory | — | — | — | $1.1M |
FiscalNote Holdings, Inc. Annual Revenue by Year
FiscalNote Holdings, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $95.4M).
| Year | Annual Revenue |
|---|---|
| 2025 | $95.4M |
| 2024 | $120.3M |
| 2023 | $132.6M |
| 2022 | $113.8M |
FiscalNote Holdings, Inc. Quarterly Revenue & Net Profit History
FiscalNote Holdings, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $22.2M | -24.7% | N/A | N/A |
| Q3 FY2025 | $22.4M | -23.8% | $-24.9M | -110.8% |
| Q2 FY2025 | $23.3M | -20.5% | $-13.3M | -57.0% |
| Q1 FY2025 | $27.5M | -14.3% | $-4.3M | -15.4% |
| Q4 FY2024 | $29.5M | -14.0% | N/A | N/A |
| Q3 FY2024 | $29.4M | -13.4% | $-14.9M | -50.7% |
| Q2 FY2024 | $29.2M | -10.9% | $-12.8M | -43.6% |
| Q1 FY2024 | $32.1M | +1.8% | $50.6M | 157.6% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $32.1M | $29.2M | $29.4M | $29.5M | $27.5M | $23.3M | $22.4M | $22.2M |
| YoY Growth | 1.8% | -10.9% | -13.4% | -14.0% | -14.3% | -20.5% | -23.8% | -24.7% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $357.8M | $346.3M | $337.9M | $326.2M | $299.7M | $288.3M | $273.9M | $255.1M |
| Liabilities | $251.7M | $239.4M | $239.4M | $228.4M | $198.3M | $190.5M | $198.4M | $193.2M |
| Equity | $106.1M | $106.9M | $98.5M | $97.8M | $98.7M | $95.1M | $75.5M | $62.0M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $2.7M | $-3.7M | $-3.0M | $-1.3M | $3.3M | $-6.2M | $-8.3M | $-279000 |