Filing Flows › FiscalNote Holdings (NOTE) › Q3 2026
FiscalNote Holdings (NOTE) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 9, 2026
FiscalNote Holdings (NOTE) reported revenue of $18.7M for the third quarter 2026 (Q3 2026), -17% from a year earlier and -5% from the quarter before. Operating margin was -5.6%, net loss $5.9M (31.5% of revenue).
FiscalNote Holdings, Q3 2026: revenue $18.7M (-17% year over year), operating margin -5.6%, net loss $5.9M, operating cash flow −$6.2M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $18.7M | -5% | -17% |
| Operating profit | −$1.0M | — | — |
| Net earnings | −$5.9M | — | — |
| Operating cash flow | −$6.2M | — | — |
What changed
Revenue was $18.7M in Q3 2026, down 17% year over year and down 5% from the previous quarter. Subscription was the largest line at 97% of revenue. Subscription lost $3.1M year over year (down 15%), 83% of the total change.
Operating costs exceeded revenue by $1.0M, an operating margin of -5.6%. Total costs fell 39% while revenue fell 17%. The quarter ended with a net loss of $5.9M, narrower than the previous quarter's $27.8M loss. Net interest and other expense of $4.8M was the main reason.
Operating cash flow was −$6.2M. Non-cash charges added back $2.1M of depreciation and amortization and $290K of share-based compensation. Working capital and other items used $2.7M. Capital expenditures of $1.9M exceeded it, leaving free cash flow of −$8.1M.
Questions
What was FiscalNote Holdings' revenue in the third quarter 2026?
FiscalNote Holdings (NOTE) reported revenue of $18.7M for the third quarter 2026 (Q3 2026), -17% from a year earlier and -5% from the quarter before.
Was FiscalNote Holdings profitable in the third quarter 2026?
Operating loss was $1.0M (-5.6% of revenue) and net loss $5.9M.