earnings
confidence high
sentiment neutral
materiality 0.70
FiscalNote Q2 revenue $23.3M (-20% YoY), adj EBITDA $2.8M (+58%); reaffirms FY guidance
FiscalNote Holdings, Inc.
2025-Q2 EPS reported
-$0.11
revenue$50,775,000
- Q2 total revenue $23.3M, down 20% from $29.2M; subscription revenue $21.4M (-21% YoY).
- Adjusted EBITDA $2.8M, up 58% YoY; margin doubled to 12% from 6%.
- Net loss widened to $13.3M from $12.8M in prior-year Q2.
- ARR at June 30, 2025 was $85.9M (-21% as reported, -8% pro forma excluding divestitures).
- FY2025 guidance reaffirmed: revenue $94-100M, adj EBITDA $10-12M; Q3 guides $22-23M revenue, ~$2M EBITDA.