---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-020115"
form_type: "8-K"
ticker: "NOTE"
cik: "0001823466"
company_name: "FiscalNote Holdings, Inc."
filed_at: "2023-05-10T23:59:59+00:00"
generated_at: "2026-06-15T06:58:15.411572+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# FiscalNote Q1 revenue up 21% to $31.5M; reiterates FY guidance, expects Q4 EBITDA positive

## Summary
- Revenue of $31.5M (+21% YoY); subscription revenue up 25% YoY, 90% of total revenue.
- GAAP net loss of $19.3M; adjusted EBITDA loss of $7.0M, consistent with guidance.
- Reiterates FY2023 revenue guidance of $136-141M; expects positive adjusted EBITDA by Q4 2023.
- ARR of $119M as of March 31, 2023 (+19% YoY); organic ARR growth 9% pro forma.
- Operational highlights: OpenAI ChatGPT plugin launch partner, Dragonfly acquisition, four new AI patents.

## SEC filing metadata
- accession: 0000950170-23-020115
- form_type: 8-K
- ticker: NOTE
- cik: 0001823466
- company_name: FiscalNote Holdings, Inc.
- filed_at: 2023-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1823466/000095017023020115/0000950170-23-020115-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1823466/000095017023020115/note-20230510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-020115
- JSON: https://secwatch.observer/filing/0000950170-23-020115.json
- Plain text: https://secwatch.observer/filing/0000950170-23-020115.txt

## Key facts
- Earnings Releases
  FiscalNote Holdings, Inc. reported first quarter ended March 31, 2023 results: revenue $31.5 million, net income $19.3 million. Guidance reaffirmed.
  - Period: first quarter ended March 31, 2023
  - Revenue: $31.5 million
  - Net income: $19.3 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: their businesses in an increasingly complex global geopolitical, economic, and regulatory environment. First Quarter 2023 Financial Highlights ● Revenue increased 21% to $31.5 million, compared to revenue of $26.1 million in the first quarter of 2022 and consistent with the guidance range the Company previously provided. Subscription revenue , which comprises
  evidence_url: https://www.sec.gov/Archives/edgar/data/1823466/000095017023020115/0000950170-23-020115-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.