earnings
confidence high
sentiment positive
materiality 0.75
FiscalNote Q1 revenue $27.5M, adj. EBITDA $2.8M beat; reaffirms FY guidance
FiscalNote Holdings, Inc.
2025-Q1 EPS reported
-$0.03
revenue$27,511,000
- Q1 revenue $27.5M (-14% YoY); adjusted EBITDA $2.8M vs $1.2M YoY, both exceeding forecasts.
- Subscription revenue $25.2M (92% of total), down 15% YoY primarily due to divestitures.
- ARR $87.7M (-20% as reported; -7% pro forma); NRR 93%.
- Reaffirms FY25 guidance: revenue $94-100M, adj. EBITDA $10-12M; Q2 forecast $22-24M revenue, ~$2M EBITDA.
- Completed sale of Oxford Analytica/Dragonfly for $40M; signed deal to sell TimeBase for $6.5M.