NOTE · FiscalNote Holdings, Inc. · Financials
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. ... However, 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
Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| $84.24M | $95.41M | $120.27MG | $132.65MG | $113.77M | $82.91M | |
| $7.82M | $9.57M | $12.83M | $18.19M | $20.74M | $24.02M | |
| $22.4M | $26.62M | $35.06M | $45.72M | $42.68M | $29.68M | |
| $43.2M | $52.14M | $50.24M | $65.55M | $77.8M | $32.49M | |
| $7.59M | $8.07M | $9.93M | $11.51M | $10.45M | $9.36M | |
| $179.15M | $144.91M | $152.21M | $230.38M | $201.95M | $138.49M | |
| -$94.91M | -$49.5M | -$31.94M | -$97.74M | -$88.19M | -$55.58M | |
| — | -51.89% | -26.56% | -73.68% | -77.52% | -67.04% | |
| $278.65K | — | — | — | — | $71.12K | |
| $705K | $105K | -$26K | -$68K | -$1.05M | -$333K | |
| -$119.88M | -$66.5M | $10.05M | -$115.24M | -$221.51M | -$117.31M | |
| -$705K | -$1.25M | $536K | $223K | -$3.25M | -$7.89M | |
| -$119.17M | -$65.25M | $9.52M | -$115.46M | -$218.26M | -$109.42M | |
| — | -68.39% | 7.91% | -87.05% | -191.85% | -131.97% | |
| -$119.17M | -$65.25M | $9.52M | -$115.46M | -$244.83M | -$306.93M | |
| USD/shares | -$6.76 | -$4.65 | $0.83 | -$10.56 | -$44.16 | -$237.60 |
| USD/shares | -$6.76 | -$4.65 | $0.83 | -$10.56 | -$44.16 | -$237.60 |
| shares | — | 14.03M | 11.44M | 10.95M | 5.54M | 1.29M |
| shares | — | 14.03M | 11.44M | 10.95M | 5.54M | 1.29M |
Debt Profile
Annual debt figures are established from 10-K filings and updated by subsequent 10-Q and 8-K disclosures. Instrument balances are not summed into a company total unless the filing itself reports that total.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
EV/Adj. EBITDA uses the company-stated “Adjusted EBITDA”, extracted from the reconciliation in its SEC filings — the company's own non-GAAP definition, not an XBRL-tagged figure.
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Geography (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| North America | $85,599,000 | $95,503,000 | $107,108,000 | $98,951,000 | $74,040,000 |
| Europe | $9,194,000 | $21,792,000 | $19,749,000 | $10,072,000 | $7,601,000 |
| Australia | $614,000 | $1,276,000 | $1,193,000 | $1,122,000 | $784,000 |
| Asia | — | $1,695,000 | $4,595,000 | $3,620,000 | $487,000 |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Subscription | $88,982,000 | $111,073,000 | $119,082,000 | $100,522,000 | $74,002,000 |
| Other Revenue | $2,837,000 | $2,637,000 | $5,310,000 | $4,890,000 | $1,967,000 |
| Advisory | $2,084,000 | $4,640,000 | $5,455,000 | $4,914,000 | $2,726,000 |
| Advertising | $1,494,000 | $1,683,000 | $1,632,000 | $2,703,000 | $3,028,000 |
| Books | $10,000 | $233,000 | $1,166,000 | $736,000 | $1,189,000 |