FiscalNote (NOTE) Q2 Revenue Falls 20%
FiscalNote (NYSE:NOTE), a provider of policy and regulatory intelligence software using artificial intelligence, released its second quarter 2025 earnings on August 7, 2025. The headline results showed GAAP revenue of $23.3 million, which was higher than the analyst consensus of $22.8 million (GAAP) and above the company’s own revenue guidance midpoint. While earnings per share (GAAP) met expectations at $(0.06), and adjusted EBITDA reached $2.8 million, Key subscription metrics, including subscription revenue, annual recurring revenue (ARR), and net revenue retention (NRR), continued to decline. For the quarter, the company reported effective cost controls and expanding profitability, but a sharp drop in total revenue and annual recurring revenue (ARR) poses ongoing questions about the pace of a potential turnaround.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.
FiscalNote (NYSE:NOTE) delivers software that tracks and analyzes legislation, regulations, and policy activity using artificial intelligence and data science. Its primary clients are large enterprises, governments, and non-profits requiring timely policy insights, regulatory tracking, and legislative forecasting on a subscription basis.
Source Fool.com
