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FiscalNote Holdings, Inc.（NOTE）与Silvercrest Asset Management Group Inc.（SAMG）财务数据对比。点击上方公司名可切换其他公司
Silvercrest Asset Management Group Inc.的季度营收约是FiscalNote Holdings, Inc.的1.4倍（$32.0M vs $22.2M），Silvercrest Asset Management Group Inc.同比增速更快（-0.0% vs -24.7%），Silvercrest Asset Management Group Inc.自由现金流更多（$15.0M vs $-1.9M），过去两年Silvercrest Asset Management Group Inc.的营收复合增速更高（2.7% vs -16.8%）
FiscalNote Holdings, Inc.（常称FiscalNote）是一家上市的软件数据与传媒企业，总部位于美国华盛顿特区，2013年由三位创始人创立。核心业务为通过政府关系管理服务FiscalNote GRM提供软件工具、平台、数据服务与资讯，同时依托人工智能平台分析美国待审议法案相关内容。
NOTE vs SAMG — 直观对比
营收规模更大
SAMG
是对方的1.4倍
$22.2M
营收增速更快
SAMG
高出24.6%
-24.7%
自由现金流更多
SAMG
多$16.9M
$-1.9M
两年增速更快
SAMG
近两年复合增速
-16.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $22.2M | $32.0M |
| 净利润 | — | $-120.0K |
| 毛利率 | — | — |
| 营业利润率 | -83.7% | -2.8% |
| 净利率 | — | -0.4% |
| 营收同比 | -24.7% | -0.0% |
| 净利润同比 | — | -107.4% |
| 每股收益（稀释后） | $-2.81 | $0.02 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收NOTESAMG
| Q4 25 | $22.2M | $32.0M | ||
| Q3 25 | $22.4M | $31.3M | ||
| Q2 25 | $23.3M | $30.7M | ||
| Q1 25 | $27.5M | $31.4M | ||
| Q4 24 | $29.5M | $32.0M | ||
| Q3 24 | $29.4M | $30.4M | ||
| Q2 24 | $29.2M | $31.0M | ||
| Q1 24 | $32.1M | $30.3M |
净利润NOTESAMG
| Q4 25 | — | $-120.0K | ||
| Q3 25 | $-24.9M | $618.0K | ||
| Q2 25 | $-13.3M | $1.9M | ||
| Q1 25 | $-4.3M | $2.5M | ||
| Q4 24 | — | $1.6M | ||
| Q3 24 | $-14.9M | $2.3M | ||
| Q2 24 | $-12.8M | $2.7M | ||
| Q1 24 | $50.6M | $3.0M |
营业利润率NOTESAMG
| Q4 25 | -83.7% | -2.8% | ||
| Q3 25 | -43.4% | 4.3% | ||
| Q2 25 | -31.9% | 13.2% | ||
| Q1 25 | -50.0% | 15.4% | ||
| Q4 24 | -19.4% | 6.1% | ||
| Q3 24 | -23.1% | 14.6% | ||
| Q2 24 | -27.2% | 17.1% | ||
| Q1 24 | -35.6% | 19.5% |
净利率NOTESAMG
| Q4 25 | — | -0.4% | ||
| Q3 25 | -110.8% | 2.0% | ||
| Q2 25 | -57.0% | 6.3% | ||
| Q1 25 | -15.4% | 7.9% | ||
| Q4 24 | — | 5.1% | ||
| Q3 24 | -50.7% | 7.4% | ||
| Q2 24 | -43.6% | 8.6% | ||
| Q1 24 | 157.6% | 9.9% |
每股收益（稀释后）NOTESAMG
| Q4 25 | $-2.81 | $0.02 | ||
| Q3 25 | $-1.73 | $0.07 | ||
| Q2 25 | $-0.08 | $0.21 | ||
| Q1 25 | $-0.03 | $0.26 | ||
| Q4 24 | $1.88 | $0.16 | ||
| Q3 24 | $-1.33 | $0.24 | ||
| Q2 24 | $-0.09 | $0.28 | ||
| Q1 24 | $0.37 | $0.32 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $26.3M | $44.1M |
| 总债务越低越好 | $128.4M | — |
| 股东权益账面价值 | $62.0M | $50.3M |
| 总资产 | $255.1M | $166.6M |
| 负债/权益比越低杠杆越低 | 2.07× | — |
8季度趋势，按日历期对齐
现金及短期投资NOTESAMG
| Q4 25 | $26.3M | $44.1M | ||
| Q3 25 | $31.2M | $36.1M | ||
| Q2 25 | $38.5M | $30.0M | ||
| Q1 25 | $46.3M | $36.3M | ||
| Q4 24 | $34.6M | $68.6M | ||
| Q3 24 | $32.7M | $58.1M | ||
| Q2 24 | $37.7M | $49.9M | ||
| Q1 24 | $43.6M | $39.7M |
总债务NOTESAMG
| Q4 25 | $128.4M | — | ||
| Q3 25 | $131.5M | — | ||
| Q2 25 | $116.7M | — | ||
| Q1 25 | $118.0M | — | ||
| Q4 24 | $147.1M | — | ||
| Q3 24 | $152.2M | — | ||
| Q2 24 | $145.9M | — | ||
| Q1 24 | $153.0M | — |
股东权益NOTESAMG
| Q4 25 | $62.0M | $50.3M | ||
| Q3 25 | $75.5M | $58.9M | ||
| Q2 25 | $95.1M | $64.6M | ||
| Q1 25 | $98.7M | $80.0M | ||
| Q4 24 | $97.8M | $80.7M | ||
| Q3 24 | $98.5M | $84.6M | ||
| Q2 24 | $106.9M | $85.3M | ||
| Q1 24 | $106.1M | $83.9M |
总资产NOTESAMG
| Q4 25 | $255.1M | $166.6M | ||
| Q3 25 | $273.9M | $157.6M | ||
| Q2 25 | $288.3M | $152.7M | ||
| Q1 25 | $299.7M | $159.9M | ||
| Q4 24 | $326.2M | $194.4M | ||
| Q3 24 | $337.9M | $184.2M | ||
| Q2 24 | $346.3M | $177.6M | ||
| Q1 24 | $357.8M | $170.2M |
负债/权益比NOTESAMG
| Q4 25 | 2.07× | — | ||
| Q3 25 | 1.74× | — | ||
| Q2 25 | 1.23× | — | ||
| Q1 25 | 1.20× | — | ||
| Q4 24 | 1.50× | — | ||
| Q3 24 | 1.54× | — | ||
| Q2 24 | 1.36× | — | ||
| Q1 24 | 1.44× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-279.0K | $18.6M |
| 自由现金流经营现金流 - 资本支出 | $-1.9M | $15.0M |
| 自由现金流率自由现金流/营收 | -8.7% | 46.9% |
| 资本支出强度资本支出/营收 | 7.4% | 11.4% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-18.6M | $17.0M |
8季度趋势，按日历期对齐
经营现金流NOTESAMG
| Q4 25 | $-279.0K | $18.6M | ||
| Q3 25 | $-8.3M | $14.6M | ||
| Q2 25 | $-6.2M | $13.8M | ||
| Q1 25 | $3.3M | $-24.7M | ||
| Q4 24 | $-1.3M | $21.6M | ||
| Q3 24 | $-3.0M | $13.3M | ||
| Q2 24 | $-3.7M | $16.0M | ||
| Q1 24 | $2.7M | $-24.1M |
自由现金流NOTESAMG
| Q4 25 | $-1.9M | $15.0M | ||
| Q3 25 | $-10.4M | $13.8M | ||
| Q2 25 | $-7.7M | $13.4M | ||
| Q1 25 | $1.3M | $-25.1M | ||
| Q4 24 | $-3.4M | $19.9M | ||
| Q3 24 | $-5.4M | $12.9M | ||
| Q2 24 | $-6.5M | $15.6M | ||
| Q1 24 | $1.0M | $-24.7M |
自由现金流率NOTESAMG
| Q4 25 | -8.7% | 46.9% | ||
| Q3 25 | -46.2% | 44.1% | ||
| Q2 25 | -33.0% | 43.6% | ||
| Q1 25 | 4.7% | -80.0% | ||
| Q4 24 | -11.4% | 62.2% | ||
| Q3 24 | -18.4% | 42.4% | ||
| Q2 24 | -22.1% | 50.4% | ||
| Q1 24 | 3.3% | -81.6% |
资本支出强度NOTESAMG
| Q4 25 | 7.4% | 11.4% | ||
| Q3 25 | 9.3% | 2.6% | ||
| Q2 25 | 6.4% | 1.5% | ||
| Q1 25 | 7.2% | 1.3% | ||
| Q4 24 | 6.8% | 5.3% | ||
| Q3 24 | 8.3% | 1.2% | ||
| Q2 24 | 9.4% | 1.1% | ||
| Q1 24 | 5.3% | 2.0% |
现金转化率NOTESAMG
| Q4 25 | — | — | ||
| Q3 25 | — | 23.62× | ||
| Q2 25 | — | 7.22× | ||
| Q1 25 | — | -10.01× | ||
| Q4 24 | — | 13.34× | ||
| Q3 24 | — | 5.90× | ||
| Q2 24 | — | 6.00× | ||
| Q1 24 | 0.05× | -8.03× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
NOTE
| Subscription | $21.2M | 95% |
| Advisory Advertising And Other | $1.0M | 5% |
SAMG
| Investment Advisory Management And Administrative Service | $30.7M | 96% |
| Tax And Family Office Services | $1.2M | 4% |
