Filing Flows › FiscalNote Holdings (NOTE) › Q2 2026 › vs Q1 2026
FiscalNote Holdings (NOTE) Q2 2026 vs Q1 2026 (quarter over quarter)
FiscalNote Holdings's revenue fell $444K (-2%) from $20.0M in Q1 2026 to $19.6M in Q2 2026. The biggest changes: Subscription −$253K (-1%); Non-Subscription −$191K (-20%).
FiscalNote Holdings, Q2 2026: revenue $19.6M (-16% year over year), operating margin -123.0%, net loss $27.8M, operating cash flow −$2.1M. The chart draws each line against Q1 2026, the increases inside each band.
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Advertising | $335K | $254K | $81K | +32% |
| Other Revenue | $245K | $389K | −$144K | -37% |
| Advisory | $201K | $329K | −$128K | -39% |
| Non-Subscription | $781K | $972K | −$191K | -20% |
| Subscription | $18.8M | $19.1M | −$253K | -1% |
| Revenue | $19.6M | $20.0M | −$444K | -2% |
| Income tax benefit | $88K | $201K | −$113K | -56% |
| Net loss | $27.8M | $43.6M | −$15.8M | -36% |
| Costs & expenses | $47.5M | $63.8M | −$16.3M | -26% |
| Operating costs | $43.7M | $62.5M | −$18.9M | -30% |
| Interest & other, net | $3.8M | $1.3M | $2.5M | +193% |
| Research & development | $1.6M | $2.0M | −$462K | -23% |
| Sales & marketing | $4.5M | $5.7M | −$1.2M | -21% |
| General & admin | $9.2M | $9.5M | −$273K | -3% |
| Other operating costs | $28.4M | $45.3M | −$16.9M | -37% |
| Operating cash sources | $27.8M | $43.6M | −$15.8M | -36% |
| Depreciation & amortization | $2.1M | $2.1M | −$9K | -0.4% |
| Share-based compensation | $828K | $3.0M | −$2.2M | -73% |
| Working capital & other | $22.8M | $41.5M | −$18.7M | -45% |
| Cash used in operations | $2.1M | −$3.0M | $5.1M | — |
| Net loss absorbed | $27.8M | $43.6M | −$15.8M | -36% |
Questions
How much did FiscalNote Holdings's revenue grow quarter over quarter in Q2 2026?
FiscalNote Holdings's revenue fell $444K (-2%) from $20.0M in Q1 2026 to $19.6M in Q2 2026.
What drove FiscalNote Holdings's revenue change in Q2 2026?
Subscription −$253K (-1%); Non-Subscription −$191K (-20%).