---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-116009"
form_type: "8-K"
ticker: "NOTE"
cik: "0001823466"
company_name: "FiscalNote Holdings, Inc."
filed_at: "2026-03-19T23:59:59+00:00"
generated_at: "2026-05-15T09:40:34.277708+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# FiscalNote Q4 revenue $22.2M, -25% YoY; announces 25% workforce reduction, targets positive FCF by Q1 2027

## Summary
- Q4 2025 revenue $22.2M (-25% YoY); Adj. EBITDA $2.5M, exceeding guidance.
- Full-year 2025 revenue $95.4M (-21% YoY); Adj. EBITDA $10.3M (+5% YoY).
- Workforce reduction of ~25%; expects positive FCF on trailing 12-month basis by Q1 2027.
- 2026 guidance: revenue $80-83M, Adj. EBITDA $14-16M.
- Pro forma ARR $84.0M (-9% YoY); NRR 96%.

## SEC filing metadata
- accession: 0001193125-26-116009
- form_type: 8-K
- ticker: NOTE
- cik: 0001823466
- company_name: FiscalNote Holdings, Inc.
- filed_at: 2026-03-19T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1823466/000119312526116009/0001193125-26-116009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1823466/000119312526116009/note-20260319.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-116009
- JSON: https://secwatch.observer/filing/0001193125-26-116009.json
- Plain text: https://secwatch.observer/filing/0001193125-26-116009.txt

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