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FiscalNote Holdings, Inc.（NOTE）与SANDRIDGE ENERGY INC（SD）财务数据对比。点击上方公司名可切换其他公司
SANDRIDGE ENERGY INC的季度营收约是FiscalNote Holdings, Inc.的1.8倍（$39.4M vs $22.2M），SANDRIDGE ENERGY INC同比增速更快（1.1% vs -24.7%），SANDRIDGE ENERGY INC自由现金流更多（$14.4M vs $-1.9M），过去两年SANDRIDGE ENERGY INC的营收复合增速更高（14.1% 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。
桑德里奇能源公司是一家专注于油气勘探开发的能源企业，核心业务区域位于美国中大陆地区。公司依照特拉华州法律注册设立，总部设于俄克拉荷马州俄克拉荷马城，是北美本土颇具影响力的独立油气生产商。
NOTE vs SD — 直观对比
营收规模更大
SD
是对方的1.8倍
$22.2M
营收增速更快
SD
高出25.8%
-24.7%
自由现金流更多
SD
多$16.4M
$-1.9M
两年增速更快
SD
近两年复合增速
-16.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $22.2M | $39.4M |
| 净利润 | — | $21.6M |
| 毛利率 | — | — |
| 营业利润率 | -83.7% | 38.5% |
| 净利率 | — | 54.9% |
| 营收同比 | -24.7% | 1.1% |
| 净利润同比 | — | 23.1% |
| 每股收益（稀释后） | $-2.81 | $0.59 |
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NOTESD
| Q4 25 | $22.2M | $39.4M | ||
| Q3 25 | $22.4M | $39.8M | ||
| Q2 25 | $23.3M | $34.5M | ||
| Q1 25 | $27.5M | $42.6M | ||
| Q4 24 | $29.5M | $39.0M | ||
| Q3 24 | $29.4M | $30.1M | ||
| Q2 24 | $29.2M | $26.0M | ||
| Q1 24 | $32.1M | $30.3M |
净利润NOTESD
| Q4 25 | — | $21.6M | ||
| Q3 25 | $-24.9M | $16.0M | ||
| Q2 25 | $-13.3M | $19.6M | ||
| Q1 25 | $-4.3M | $13.0M | ||
| Q4 24 | — | $17.6M | ||
| Q3 24 | $-14.9M | $25.5M | ||
| Q2 24 | $-12.8M | $8.8M | ||
| Q1 24 | $50.6M | $11.1M |
营业利润率NOTESD
| Q4 25 | -83.7% | 38.5% | ||
| Q3 25 | -43.4% | 37.8% | ||
| Q2 25 | -31.9% | 53.7% | ||
| Q1 25 | -50.0% | 28.6% | ||
| Q4 24 | -19.4% | 25.9% | ||
| Q3 24 | -23.1% | 28.3% | ||
| Q2 24 | -27.2% | 23.9% | ||
| Q1 24 | -35.6% | 27.8% |
净利率NOTESD
| Q4 25 | — | 54.9% | ||
| Q3 25 | -110.8% | 40.1% | ||
| Q2 25 | -57.0% | 56.6% | ||
| Q1 25 | -15.4% | 30.6% | ||
| Q4 24 | — | 45.1% | ||
| Q3 24 | -50.7% | 84.8% | ||
| Q2 24 | -43.6% | 33.9% | ||
| Q1 24 | 157.6% | 36.7% |
每股收益（稀释后）NOTESD
| Q4 25 | $-2.81 | $0.59 | ||
| Q3 25 | $-1.73 | $0.43 | ||
| Q2 25 | $-0.08 | $0.53 | ||
| Q1 25 | $-0.03 | $0.35 | ||
| Q4 24 | $1.88 | $0.46 | ||
| Q3 24 | $-1.33 | $0.69 | ||
| Q2 24 | $-0.09 | $0.24 | ||
| Q1 24 | $0.37 | $0.30 |
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 | $111.0M |
| 总债务越低越好 | $128.4M | — |
| 股东权益账面价值 | $62.0M | $510.9M |
| 总资产 | $255.1M | $644.0M |
| 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NOTESD
| Q4 25 | $26.3M | $111.0M | ||
| Q3 25 | $31.2M | $101.2M | ||
| Q2 25 | $38.5M | $102.8M | ||
| Q1 25 | $46.3M | $99.7M | ||
| Q4 24 | $34.6M | $98.1M | ||
| Q3 24 | $32.7M | $92.7M | ||
| Q2 24 | $37.7M | $209.9M | ||
| Q1 24 | $43.6M | $207.0M |
总债务NOTESD
| 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NOTESD
| Q4 25 | $62.0M | $510.9M | ||
| Q3 25 | $75.5M | $492.4M | ||
| Q2 25 | $95.1M | $480.2M | ||
| Q1 25 | $98.7M | $464.9M | ||
| Q4 24 | $97.8M | $460.5M | ||
| Q3 24 | $98.5M | $446.8M | ||
| Q2 24 | $106.9M | $424.8M | ||
| Q1 24 | $106.1M | $419.7M |
总资产NOTESD
| Q4 25 | $255.1M | $644.0M | ||
| Q3 25 | $273.9M | $619.0M | ||
| Q2 25 | $288.3M | $602.3M | ||
| Q1 25 | $299.7M | $588.3M | ||
| Q4 24 | $326.2M | $581.5M | ||
| Q3 24 | $337.9M | $565.2M | ||
| Q2 24 | $346.3M | $529.6M | ||
| Q1 24 | $357.8M | $527.4M |
负债/权益比NOTESD
| 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 | $31.7M |
| 自由现金流经营现金流 - 资本支出 | $-1.9M | $14.4M |
| 自由现金流率自由现金流/营收 | -8.7% | 36.6% |
| 资本支出强度资本支出/营收 | 7.4% | 43.8% |
| 现金转化率经营现金流/净利润 | — | 1.46× |
| 过去12个月自由现金流最近4个季度 | $-18.6M | $41.5M |
8季度趋势，按日历期对齐
经营现金流NOTESD
| Q4 25 | $-279.0K | $31.7M | ||
| Q3 25 | $-8.3M | $25.3M | ||
| Q2 25 | $-6.2M | $22.9M | ||
| Q1 25 | $3.3M | $20.3M | ||
| Q4 24 | $-1.3M | $26.0M | ||
| Q3 24 | $-3.0M | $20.8M | ||
| Q2 24 | $-3.7M | $11.4M | ||
| Q1 24 | $2.7M | $15.7M |
自由现金流NOTESD
| Q4 25 | $-1.9M | $14.4M | ||
| Q3 25 | $-10.4M | $5.9M | ||
| Q2 25 | $-7.7M | $7.3M | ||
| Q1 25 | $1.3M | $13.9M | ||
| Q4 24 | $-3.4M | $13.2M | ||
| Q3 24 | $-5.4M | $10.8M | ||
| Q2 24 | $-6.5M | $9.0M | ||
| Q1 24 | $1.0M | $14.6M |
自由现金流率NOTESD
| Q4 25 | -8.7% | 36.6% | ||
| Q3 25 | -46.2% | 14.9% | ||
| Q2 25 | -33.0% | 21.0% | ||
| Q1 25 | 4.7% | 32.7% | ||
| Q4 24 | -11.4% | 33.8% | ||
| Q3 24 | -18.4% | 36.1% | ||
| Q2 24 | -22.1% | 34.5% | ||
| Q1 24 | 3.3% | 48.1% |
资本支出强度NOTESD
| Q4 25 | 7.4% | 43.8% | ||
| Q3 25 | 9.3% | 48.6% | ||
| Q2 25 | 6.4% | 45.2% | ||
| Q1 25 | 7.2% | 15.0% | ||
| Q4 24 | 6.8% | 32.9% | ||
| Q3 24 | 8.3% | 33.3% | ||
| Q2 24 | 9.4% | 9.4% | ||
| Q1 24 | 5.3% | 3.7% |
现金转化率NOTESD
| Q4 25 | — | 1.46× | ||
| Q3 25 | — | 1.58× | ||
| Q2 25 | — | 1.17× | ||
| Q1 25 | — | 1.56× | ||
| Q4 24 | — | 1.48× | ||
| Q3 24 | — | 0.82× | ||
| Q2 24 | — | 1.30× | ||
| Q1 24 | 0.05× | 1.41× |
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% |
SD
| Oil Reserves | $19.0M | 48% |
| Natural Gas Reserves | $11.6M | 30% |
| Natural Gas Liquids Reserves | $8.7M | 22% |
