Fiscalnote Holdings Inc ( (NOTE) ) has released its Q3 earnings. Here is a breakdown of the information Fiscalnote Holdings Inc presented to its investors.
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FiscalNote Holdings Inc., a leading provider of AI-driven policy and regulatory intelligence solutions, operates within the technology sector, offering insights and analysis to help organizations manage political and business risks. In its third-quarter 2025 financial results, FiscalNote reported total revenues of $22.4 million, aligning with its guidance, while adjusted EBITDA of $2.2 million surpassed expectations. The company highlighted sequential growth in annual recurring revenue (ARR) and emphasized the stabilization of its core business, driven by the success of its PolicyNote platform. Key strategic moves included the completion of balance sheet refinancing to enhance long-term flexibility and the launch of new AI-powered capabilities within PolicyNote, such as legislative drafting and social listening. Despite a 24% decline in total revenues compared to the previous year, primarily due to divestitures, FiscalNote demonstrated operational improvements and cost efficiency, with a notable reduction in operating expenses. Looking ahead, FiscalNote remains focused on its product-led growth strategy, anticipating continued demand and improvements in sales metrics, while navigating challenges in the federal public sector and market volatility.