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Side-by-side financial comparison of Limoneira CO (LMNR) and FiscalNote Holdings, Inc. (NOTE). Click either name above to swap in a different company.

Limoneira CO is the larger business by last-quarter revenue ($41.3M vs $22.2M, roughly 1.9× FiscalNote Holdings, Inc.). On growth, Limoneira CO posted the faster year-over-year revenue change (-2.8% vs -24.7%). Over the past eight quarters, Limoneira CO's revenue compounded faster (3.8% CAGR vs -16.8%).

Limoneira Company is a leading agribusiness headquartered in California, the U.S. It primarily cultivates, processes and distributes premium citrus fruits, avocados and other specialty agricultural products. It operates across North American, Asian and European markets, serving retail and food service clients, alongside a sustainable land real estate development segment.

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...

LMNR vs NOTE — Head-to-Head

Bigger by revenue
LMNR
LMNR
1.9× larger
LMNR
$41.3M
$22.2M
NOTE
Growing faster (revenue YoY)
LMNR
LMNR
+21.9% gap
LMNR
-2.8%
-24.7%
NOTE
Faster 2-yr revenue CAGR
LMNR
LMNR
Annualised
LMNR
3.8%
-16.8%
NOTE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LMNR
LMNR
NOTE
NOTE
Revenue
$41.3M
$22.2M
Net Profit
$-8.7M
Gross Margin
-15.1%
Operating Margin
-26.8%
-83.7%
Net Margin
-21.0%
Revenue YoY
-2.8%
-24.7%
Net Profit YoY
-367.5%
EPS (diluted)
$-0.49
$-2.81

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.

Revenue
LMNR
LMNR
NOTE
NOTE
Q4 25
$41.3M
$22.2M
Q3 25
$45.9M
$22.4M
Q2 25
$33.6M
$23.3M
Q1 25
$32.9M
$27.5M
Q4 24
$42.5M
$29.5M
Q3 24
$61.8M
$29.4M
Q2 24
$43.3M
$29.2M
Q1 24
$38.3M
$32.1M
Net Profit
LMNR
LMNR
NOTE
NOTE
Q4 25
$-8.7M
Q3 25
$-855.0K
$-24.9M
Q2 25
$-3.4M
$-13.3M
Q1 25
$-3.1M
$-4.3M
Q4 24
$-1.9M
Q3 24
$6.6M
$-14.9M
Q2 24
$6.6M
$-12.8M
Q1 24
$-3.6M
$50.6M
Gross Margin
LMNR
LMNR
NOTE
NOTE
Q4 25
-15.1%
Q3 25
8.5%
Q2 25
5.6%
Q1 25
-2.0%
Q4 24
6.3%
Q3 24
26.5%
Q2 24
6.5%
Q1 24
-2.0%
Operating Margin
LMNR
LMNR
NOTE
NOTE
Q4 25
-26.8%
-83.7%
Q3 25
-1.4%
-43.4%
Q2 25
-10.0%
-31.9%
Q1 25
-16.3%
-50.0%
Q4 24
-6.5%
-19.4%
Q3 24
14.5%
-23.1%
Q2 24
-10.8%
-27.2%
Q1 24
-20.2%
-35.6%
Net Margin
LMNR
LMNR
NOTE
NOTE
Q4 25
-21.0%
Q3 25
-1.9%
-110.8%
Q2 25
-10.0%
-57.0%
Q1 25
-9.4%
-15.4%
Q4 24
-4.4%
Q3 24
10.7%
-50.7%
Q2 24
15.2%
-43.6%
Q1 24
-9.4%
157.6%
EPS (diluted)
LMNR
LMNR
NOTE
NOTE
Q4 25
$-0.49
$-2.81
Q3 25
$-0.06
$-1.73
Q2 25
$-0.20
$-0.08
Q1 25
$-0.18
$-0.03
Q4 24
$-0.09
$1.88
Q3 24
$0.35
$-1.33
Q2 24
$0.35
$-0.09
Q1 24
$-0.21
$0.37

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LMNR
LMNR
NOTE
NOTE
Cash + ST InvestmentsLiquidity on hand
$26.3M
Total DebtLower is stronger
$72.5M
$128.4M
Stockholders' EquityBook value
$180.0M
$62.0M
Total Assets
$311.1M
$255.1M
Debt / EquityLower = less leverage
0.40×
2.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LMNR
LMNR
NOTE
NOTE
Q4 25
$26.3M
Q3 25
$31.2M
Q2 25
$38.5M
Q1 25
$46.3M
Q4 24
$34.6M
Q3 24
$32.7M
Q2 24
$37.7M
Q1 24
$43.6M
Total Debt
LMNR
LMNR
NOTE
NOTE
Q4 25
$72.5M
$128.4M
Q3 25
$63.4M
$131.5M
Q2 25
$55.0M
$116.7M
Q1 25
$58.0M
$118.0M
Q4 24
$40.6M
$147.1M
Q3 24
$40.6M
$152.2M
Q2 24
$60.1M
$145.9M
Q1 24
$52.1M
$153.0M
Stockholders' Equity
LMNR
LMNR
NOTE
NOTE
Q4 25
$180.0M
$62.0M
Q3 25
$180.3M
$75.5M
Q2 25
$182.7M
$95.1M
Q1 25
$186.5M
$98.7M
Q4 24
$191.7M
$97.8M
Q3 24
$194.9M
$98.5M
Q2 24
$189.0M
$106.9M
Q1 24
$184.2M
$106.1M
Total Assets
LMNR
LMNR
NOTE
NOTE
Q4 25
$311.1M
$255.1M
Q3 25
$299.9M
$273.9M
Q2 25
$296.6M
$288.3M
Q1 25
$301.4M
$299.7M
Q4 24
$298.8M
$326.2M
Q3 24
$307.3M
$337.9M
Q2 24
$322.2M
$346.3M
Q1 24
$299.6M
$357.8M
Debt / Equity
LMNR
LMNR
NOTE
NOTE
Q4 25
0.40×
2.07×
Q3 25
0.35×
1.74×
Q2 25
0.30×
1.23×
Q1 25
0.31×
1.20×
Q4 24
0.21×
1.50×
Q3 24
0.21×
1.54×
Q2 24
0.32×
1.36×
Q1 24
0.28×
1.44×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
LMNR
LMNR
NOTE
NOTE
Operating Cash FlowLast quarter
$942.0K
$-279.0K
Free Cash FlowOCF − Capex
$-1.9M
FCF MarginFCF / Revenue
-8.7%
Capex IntensityCapex / Revenue
7.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-18.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LMNR
LMNR
NOTE
NOTE
Q4 25
$942.0K
$-279.0K
Q3 25
$-3.0M
$-8.3M
Q2 25
$8.9M
$-6.2M
Q1 25
$-12.9M
$3.3M
Q4 24
$6.6M
$-1.3M
Q3 24
$24.6M
$-3.0M
Q2 24
$-3.0M
$-3.7M
Q1 24
$-10.3M
$2.7M
Free Cash Flow
LMNR
LMNR
NOTE
NOTE
Q4 25
$-1.9M
Q3 25
$-10.4M
Q2 25
$-7.7M
Q1 25
$1.3M
Q4 24
$-3.4M
Q3 24
$-5.4M
Q2 24
$-6.5M
Q1 24
$1.0M
FCF Margin
LMNR
LMNR
NOTE
NOTE
Q4 25
-8.7%
Q3 25
-46.2%
Q2 25
-33.0%
Q1 25
4.7%
Q4 24
-11.4%
Q3 24
-18.4%
Q2 24
-22.1%
Q1 24
3.3%
Capex Intensity
LMNR
LMNR
NOTE
NOTE
Q4 25
7.4%
Q3 25
9.3%
Q2 25
6.4%
Q1 25
7.2%
Q4 24
6.8%
Q3 24
8.3%
Q2 24
9.4%
Q1 24
5.3%
Cash Conversion
LMNR
LMNR
NOTE
NOTE
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
3.73×
Q2 24
-0.46×
Q1 24
0.05×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

LMNR
LMNR

Lemon Packing$33.9M82%
Other Agribusiness$5.8M14%
Fresh Lemons$1.3M3%

NOTE
NOTE

Subscription$21.2M95%
Advisory Advertising And Other$1.0M5%

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