---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-063343"
form_type: "8-K"
ticker: "NOTE"
cik: "0001823466"
company_name: "FiscalNote Holdings, Inc."
filed_at: "2023-11-14T23:59:59+00:00"
generated_at: "2026-06-08T03:57:01.901911+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# FiscalNote Q3 revenue $34M (+17% YoY), first adjusted EBITDA profit of $0.7M, one quarter early

## Summary
- Revenue $34.0M (+17% YoY); subscription revenue (89% of total) grew 15% YoY (7% organic).
- GAAP net loss $14.5M ($0.11 loss per share); Adjusted EBITDA $0.7M, first quarter of profitability, ahead of plan.
- ARR $123M (+14% YoY), NRR ~100%; corporate large enterprise ARR growth above company average.
- Q4 guidance: revenue $34-35M, Adjusted EBITDA ~$2.5M; FY23 revenue $132-133M, Adj. EBITDA loss ~$8M.
- Board appoints Special Committee to evaluate potential go-private interest from CEO Tim Hwang; no proposal yet.

## SEC filing metadata
- accession: 0000950170-23-063343
- form_type: 8-K
- ticker: NOTE
- cik: 0001823466
- company_name: FiscalNote Holdings, Inc.
- filed_at: 2023-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1823466/000095017023063343/0000950170-23-063343-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1823466/000095017023063343/note-20231114.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-063343
- JSON: https://secwatch.observer/filing/0000950170-23-063343.json
- Plain text: https://secwatch.observer/filing/0000950170-23-063343.txt

## Key facts
- Earnings Releases
  FiscalNote Holdings, Inc. reported third quarter ended September 30, 2023 results: revenue $34.0 million, net income ($14.5) million, EPS $(0.11) per share.
  - Period: third quarter ended September 30, 2023
  - Revenue: $34.0 million
  - Net income: ($14.5) million
  - EPS: $(0.11) per share
  - Result: reported results
  source text: trusted, AI-enabled global policy and market intelligence and the Company’s efficient SaaS delivery model. Third Quarter 2023 Financial Highlights ● Revenue increased 17% to $34.0 million, within the guidance range the Company previously provided, compared to $29.1 million in Q3 2022. ○ Subscription revenue , which comprises approximately 89% of total revenue,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1823466/000095017023063343/0000950170-23-063343-index.htm

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