NOTE · FiscalNote Holdings, Inc.
Substantial doubt about the company's ability to continue as a going concern.
“These conditions, considered in the aggregate, raise substantial doubt about the Company's ability to continue as a going concern and meet the Company's obligations as they become due within one year after the date the financial statements are issued. ... at this time management concluded that its plans do not alleviate substantial doubt, as there can be no assurance that any of these plans will be successfully implemented on acceptable terms, or at all.”View the 10-Q filed Aug 10, 2026
Price & Indicators
Raw chart and full-history price indicators begin at the captured split on Sep 2, 2025; bars on opposite sides are not compared.
The closing range begins at the captured split on Sep 2, 2025.
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AI Brief
TL;DR.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Ask ALVIS about this →Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Strong SellIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA non-GAAP | $2.3M | Q2 2026 | — |
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| Adjusted Gross Margin non-GAAP | 88% | Q2 2026 | — |
| Adjusted Gross Profit non-GAAP | $17.3M | Q2 2026 | — |
| Annual Recurring Revenue (ARR) | $74.9M | As of June 30, 2026 | — |
| Net Revenue Retention (NRR) | 81% | Trailing twelve months ended June 30, 2026 | — |
| NRR non-GAAP | 98% | the three months ended June 30, 2026 filing | — |
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| NRR (excluding the impact of Oxford Analytica and Dragonfly) non-GAAP | 96% | the three months ended June 30, 2025 filing | — |
| Pro Forma ARR | $74.9M | As of June 30, 2026 | — |
| Subscription Revenue as % of Total Revenues | 96% | Q2 2026 | — |
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| Adjusted EBITDA Margin non-GAAP | 5% | Q1 2026 | — |
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| Q4 NRR non-GAAP | 96% | Q4 2025 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Information Technology Services — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
NOTE
this stock
FiscalNote Holdings, Inc.
|
$2.38M | -94.7% | -20.7% | — | 0.9% |
|
IBM
International Business Machines Corp
|
$220.76B | -20.9% | +7.6% | 20.8 | 2.4% |
|
ACN
Accenture plc
|
$118.13B | -34.1% | +7.4% | 14.1 | 4.9% |
|
INFY
Infosys Ltd
|
$48.97B | -32.2% | — | — | 3.6% |
|
CTSH
Cognizant Technology Solutions Corp
|
$27.86B | -29.2% | +7.0% | 12.8 | 9.5% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
Raw-price comparisons begin at the captured split on Sep 2, 2025; windows that need an earlier baseline remain unavailable.
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| NOTE | -22.5% | -28.8% | -93.9% | -41.2% | -94.7% |
| SPY | +0.4% | +4.5% | +13.8% | +3.9% | +13.9% |
| vs SPY | -22.9% | -33.3% | -107.7% | -45.1% | -108.6% |