secwatch.observer — SEC 8-K summary
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Issuer:     FiscalNote Holdings, Inc. (NOTE)
CIK:        0001823466
Form:       8-K
Filed at:   2026-03-19T23:59:59+00:00
Accession:  0001193125-26-116009
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1823466/000119312526116009/0001193125-26-116009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1823466/000119312526116009/note-20260319.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-116009

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer