FiscalNote Holdings, Inc. NOTE

0.03 0.00 0.00% as of 25 Sep
Market cap
$4.1M
P/E
0.0×

Insider Decisions

Total sells 0.04
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — 1 1 1 1 — — — — — — —
Insider Ownership 47.26%

Capital & Financial Ratios

Market Cap 4.11
Revenue 84.24
Net Income (119.17)
Free Cash Flow (14.70)
Net Debt 98.66
Current Ratio 0.23
Debt/Equity 435.21
P/E ratio 0.00
P/S ratio 0.01
P/B ratio 2.86
Past 5Y EPS Growth —
This Y EPS Growth 89.06%
Next Y EPS Growth 391.89%
Next 5Y EPS Growth 30.93%
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 24 35 27 21
Receivables 17 13 12 7
Inventory — — — —
Other 6 6 4 4
50 57 46 34
2023 2024 2025 Q'26
Payables 13 8 7 7
ST’ Debt 0 0 3 107
Other 6 4 1 1
66 51 44 148
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — — (5.70%)
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 0.00% (24.63%)

Revenue

Mar Jun Sep Dec Year
’26 20 20 — — —
’25 28 23 22 22 95
’24 32 29 29 29 120
’23 32 33 34 34 133
’22 26 27 29 31 114
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 3 (2) — — —
’25 3 (6) (8) 0 (11)
’24 3 (4) (3) (1) (5)
’23 (13) (7) (12) (4) (35)
’22 (10) (8) (39) (15) (73)
’21 0 0 (24) (13) (37)
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 1 (4) — — —
’25 1 (8) (10) (2) (19)
’24 1 (6) (5) (3) (14)
’23 (15) (10) (14) (6) (43)
’22 (12) (12) (42) (18) (84)
’21 0 0 (28) (15) (43)
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (2.39) (1.06) — — —
’25 (0.36) (0.96) (1.73) (1.45) (4.65)
’24 4.44 (1.08) (1.32) (1.20) 0.84
’23 (1.68) (2.76) (1.32) (4.68) (10.56)
’22 (18.15) (36.73) (19.57) (3.84) (44.18)
’21 9.60 5.38 (20.07) (79.64) (84.73)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
— — — — 116.28 115.26 53.04 7.80 9.02 1.41

Analyst estimates 2026–2028

Powerpack
Low Price
— — — — 126.07 134.40 147.60 79.21 27.24 24.36
High Price
— — — — 0 3 800 680 570 540
Employees
— — — — 0 28 0 0 0 0
Revenue/Emp
— — — — — 83 114 133 120 95
Revenue
— — — — — 73.70% 71.93% 69.66% 78.68% 77.78%
Gross Margin
— — — — (9) (117) (222) (115) 10 (66)
EBT
— — — — 0.00% (141.49%) (194.71%) (86.88%) 8.36% (69.70%)
EBT Margin
— 0 — — (9) (109) (218) (115) 10 (65)
Net Income
— — — — — 19 24 64 24 34
Depreciation
— — — — 0.00 64.20 20.53 12.12 10.51 6.80
Revenue/Sh
— — — — (24.94) (2.01) (44.18) (10.56) 0.84 (4.65)
Earnings/Sh
— — — — 0.00 (28.68) (13.11) (3.24) (0.46) (0.82)
Cash Flow/Sh
— — — — 0.00 (4.31) (2.05) (0.73) (0.78) (0.51)
Capex/Sh
— — — — 0.00 (33.00) (15.16) (3.97) (1.24) (1.33)
Free CF/Sh
— — — — (71.51) (373.24) 26.11 3.97 8.55 4.42
Book Value/Sh
— — — — 0 1 6 11 11 14
Shares
— — — — — 0.00 0.00 0.00 11.88 0.00
PE Ratio
— — — — — 0.00 3.65 1.04 1.22 0.22
PS Ratio
— — — — — 0.00 2.87 3.17 1.50 0.33
PB Ratio
— — — — — 0.00 4.54 2.53 2.15 1.28
EV/Sales
— — — — — (12.20) (6.15) (7.73) (18.24) (6.55)
EV/FCF
— — — — 0 (37) (73) (35) (5) (11)
Op' Cash Flow
— — — — — (6) (11) (8) (9) (7)
Capex
— — — — 0 (43) (84) (43) (14) (19)
FCF
— — — — 1 (15) 24 (16) 6 1
Working Cap'
— — — — 0 331 162 222 147 128
Total Debt
— — — — 0 298 101 198 112 102
Net Debt
— — — — (26) (482) 145 43 98 62
Sh' Equity
— — — — (10.32%) (110.66%) (60.33%) (28.73%) 2.73% (22.45%)
ROA
— — — — 0.00% 0.00% (22.45%) (25.30%) (9.52%) (18.93%)
ROIC
— — — — 0.00% 120.81% 145.15% (122.73%) 13.47% (81.67%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

FiscalNote Holdings, Inc. peers in Information Technology Services

All 73 Information Technology Services stocks →

FiscalNote Holdings, Inc. (NOTE) key facts

  • FiscalNote Holdings, Inc. (NOTE) is an Information Technology Services company in the Technology sector.
  • FiscalNote Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $95.4 million, down 20.7% from fiscal 2024.
  • As of September 25, 2026, NOTE traded at $0.03, a market capitalization of $4.1 million.
  • Return on equity was −81.7% and debt-to-equity 435.21.

Source: company filings (standardised) and stockrow calculations.

FiscalNote Holdings, Inc. (NOTE) Latest News

News by impact score

Fine-tune

28 Aug

3

FiscalNote Holdings has announced and completed the sale of FrontierView to Oxford Economics to sharpen focus on its core policy business. Divestiture of FrontierView streamlines operations around policy intelligence without fundamentally altering company scale or market position.

13 Aug

4

FiscalNote launches PolicyNote MCP in Anthropic's Claude Connectors Directory, expanding access to its policy intelligence amid accelerating enterprise adoption. Product launch via Anthropic Claude integration drives expanded enterprise access and adoption for FiscalNote policy tools.

11 Aug

4 transcript

FiscalNote Holdings Inc (NOTE) outlined strategic pivots in its Q2 2026 earnings call amid ongoing market pressures, focusing on operational adjustments to stabilize performance. Strategic pivots announced in the earnings call point to major operational shifts likely to alter the company's trajectory.

3 transcript

FiscalNote Holdings, Inc. reported Q2 2026 financial results and business updates during its earnings call. Earnings call delivers quarterly updates and guidance that moderately shape near-term investor sentiment and operational focus.

10 Aug

4

FiscalNote Holdings, Inc. (NOTE) reported second quarter 2026 financial results. Quarterly earnings directly shape investor sentiment and valuation outlook.

3

FiscalNote Holdings reported a Q2 loss and missed revenue estimates. Q2 loss and revenue miss indicate financial underperformance likely to affect near-term stock sentiment and valuation.

24 Jun

4

FiscalNote Holdings, Inc. appoints Key Compton as President and Chief Executive Officer. CEO appointment constitutes major leadership change with direct effect on strategy and market views.

19 May

3

FiscalNote expanded its PolicyNote API to incorporate local government intelligence, enabling direct integration into enterprise platforms and AI agent workflows. API expansion adds local data capabilities that can improve product utility and attract enterprise users.

7 May

3

FiscalNote Holdings, Inc. (NOTE) reported a Q1 loss and revenue below analyst estimates. Q1 loss and revenue miss highlight financial underperformance, likely causing moderate short-term pressure on stock price and investor sentiment.

8 Apr

4

FiscalNote expanded its PolicyNote API with district matching capability, enabling organizations to more effectively target and mobilize grassroots advocacy efforts. API expansion with district matching directly strengthens FiscalNote's core policy tech offerings, boosting competitive edge in advocacy tools.

6 Apr

4

FiscalNote Holdings, Inc. (NOTE) stock begins trading on the OTCID market as the company explores uplisting options. Shifting to OTCID while pursuing uplisting constitutes a major strategic maneuver poised to reshape NOTE's market liquidity, visibility, and long-term investor appeal.

31 Mar

4

FiscalNote Holdings, Inc. (NOTE) upgraded to Buy rating by analysts, highlighting strong growth potential, improved financial metrics, and favorable market positioning. Analyst upgrade to Buy signals significant positive shift in investor sentiment and potential stock price surge.

29 Mar

5

FiscalNote Holdings, Inc. (NOTE) shares plunged after the company was delisted from the New York Stock Exchange due to non-compliance with listing standards. Delisting from NYSE destroys stock liquidity, erodes investor confidence, and severely restricts access to capital markets, fundamentally jeopardizing long-term viability.

25 Mar

5

FiscalNote Holdings, Inc. (NOTE) delisted from the stock exchange, labeled a casualty of the SaaSpocalypse wave hitting SaaS companies. Delisting removes NOTE from major exchanges, crippling liquidity, investor access, and long-term viability.

5

NYSE to commence delisting proceedings against FiscalNote Holdings, Inc. (NOTE) due to failure to meet continued listing standards. NYSE delisting will drastically reduce NOTE's market visibility, liquidity, institutional access, and long-term viability.

4

FiscalNote Holdings, Inc. (NOTE) received a NYSE notice of non-compliance leading to delisting determination and has requested a hearing to appeal the decision. NYSE delisting notice risks severely reducing liquidity, visibility, and fundraising ability, significantly harming future performance.

4

FiscalNote Holdings, Inc. (NOTE) launched PolicyNote MCP in the OpenAI App Store, significantly expanding access to its policy intelligence platform. Launch into OpenAI App Store marks a major strategic expansion, enhancing visibility, user adoption, and revenue potential in AI-driven policy tools.

23 Mar

4

FiscalNote Holdings, Inc. (NOTE) announced a strategic partnership to accelerate the generation and monetization of political prediction content. Strategic partnership targets new revenue from political predictions, enhancing product offerings and competitive edge.

20 Mar

4

FiscalNote Holdings, Inc. (NOTE) partners with D&A LLC, the advisory arm of a leading Korean law firm, to expand access to its U.S. policy intelligence across Asian markets. Strategic partnership enables expansion of U.S. policy intelligence into Asian markets, boosting international reach and revenue potential.

4

FiscalNote Holdings Inc (NOTE) Q4 2025 earnings call highlights strategic shifts toward AI integration, operational efficiencies, and revenue growth initiatives amid competitive pressures. Strategic shifts and AI advancements in Q4 2025 earnings call signal major changes to competitive positioning and investor sentiment.

19 Mar

4

FiscalNote Holdings, Inc. (NOTE) reported fourth quarter and full year 2025 financial results. Quarterly and annual financial results directly shape investor sentiment, stock valuation, and future performance expectations.

3

FiscalNote Holdings, Inc. (NOTE) reported a Q4 net loss and revenue that fell short of analyst estimates. Q4 loss and revenue shortfall highlight weaker financial performance, likely causing moderate short-term pressure on stock price and investor sentiment.

16 Mar

4

FiscalNote expands PolicyNote API to deliver complete, primary-source transcripts of Donald Trump's presidential speeches directly to AI agents and enterprise systems. API expansion with Trump transcripts targets high-demand AI policy analysis amid election relevance, boosting product appeal and competitive edge.

4 Mar

4

FiscalNote enhances PolicyNote API to broaden access to authoritative policy intelligence for AI agents and enterprises. API enhancements targeting AI agents drive potential revenue growth and competitive edge in policy intelligence.

12 Feb

4

FiscalNote Holdings, Inc. is expanding into political prediction markets, aiming to leverage its data analytics capabilities to provide insights into political events and outcomes. This strategic move is expected to enhance the company's offerings and attract new clients interested in political forecasting. The expansion aligns with the growing interest in predictive analytics within the political sphere. The expansion into political prediction markets represents a significant strategic move that could enhance FiscalNote's competitive positioning and attract new business opportunities.

3

FiscalNote Holdings, Inc. (NOTE) is being considered as a potential investment opportunity among AI penny stocks due to its innovative technology and market positioning. The company focuses on providing data-driven insights and solutions for government and public affairs, which are increasingly relevant in today's political landscape. Analysts highlight its growth potential, especially as demand for AI-driven tools rises. Investors are encouraged to evaluate the company's financial health and market trends before making decisions. FiscalNote's focus on AI-driven solutions positions it well in a growing market, but its impact on overall performance remains limited.

14 Jan

4

FiscalNote Holdings, Inc. has successfully completed the migration of customers from its legacy platform to PolicyNote, marking a significant milestone for the company. This transition is expected to enhance user experience and streamline operations, positioning FiscalNote for future growth and innovation in policy management solutions. The completion of the customer migration to PolicyNote is a major strategic move that could significantly enhance operational efficiency and market positioning.

18 Dec

3

FiscalNote Holdings, Inc. has launched 'Epstein Unboxed,' an AI-enhanced database designed to provide comprehensive access to records related to the Epstein investigation. This platform aims to improve transparency and accessibility of information, potentially benefiting researchers, journalists, and the public by streamlining the search for relevant documents and data. The launch of an AI-enhanced database could moderately influence FiscalNote's competitive positioning and product offerings in the information services market.

3 Dec

4

FiscalNote Holdings, Inc. has launched PolicyNote, an AI-powered tool that provides personalized impact summaries for policy changes. This innovation aims to enhance decision-making for clients by delivering tailored insights on legislative developments and their potential effects. The tool leverages advanced artificial intelligence to analyze and summarize complex policy information, making it accessible and actionable for users. This move is expected to strengthen FiscalNote's position in the market by offering unique value to its clients. The introduction of AI-powered personalized impact summaries is a significant strategic move that could enhance client engagement and market positioning.

19 Nov

4

FiscalNote Holdings, Inc. continues to expand its global presence as it sees increased adoption of its PolicyNote platform. The company is focusing on enhancing its product offerings and strengthening its market position, which is reflected in its growing customer base and strategic partnerships. This momentum is expected to drive further growth and innovation within the organization. Increased global momentum and product adoption are likely to significantly impact FiscalNote's future performance and market positioning.

stockrow.com/NOTE · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com