FiscalNote Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	95.41	120.27	132.65	113.77	82.91
Revenue Growth (YoY)	-20.67%	-9.33%	16.60%	37.21%	27.25%
Cost of Revenue	21.2	25.64	40.25	31.94	21.8
Gross Profit	74.21	94.63	92.39	81.83	61.11
Selling, General & Admin	93.69	103.82	129.14	136.44	78.62
Research & Development	9.57	12.83	18.19	20.74	24.02
Amortization of Goodwill & Intangibles	8.07	9.93	11.51	10.45	9.36
Operating Expenses	111.34	126.57	158.84	167.62	111.99
Operating Income	-37.13	-31.95	-66.44	-85.79	-50.88
Interest Expense	-16.49	-23.59	-29.94	-95.74	-64.8
Other Non Operating Income (Expenses)	-9.13	-6.43	15.92	11.7	3.07
EBT Excluding Unusual Items	-62.74	-61.97	-80.47	-169.83	-112.61
Merger & Restructuring Charges	-	0	0.77	-2.4	-4.7
Impairment of Goodwill	-12.38	-	-25.84	-	-
Gain (Loss) on Sale of Assets	16.58	72.02	-	-	-
Asset Writedown	-	-	-6.22	-	-
Other Unusual Items	-7.96	-	-3.47	-49.28	-
Pretax Income	-66.5	10.05	-115.24	-221.51	-117.31
Income Tax Expense	-1.25	0.54	0.22	-3.25	-7.89
Net Income	-65.25	9.52	-115.46	-218.26	-109.42
Preferred Dividends & Other Adjustments	-	-	-	26.57	197.51
Net Income to Common	-65.25	9.52	-115.46	-244.83	-306.93
Shares Outstanding (Basic)	14	11	11	6	1
Shares Outstanding (Diluted)	14	11	11	6	1
Shares Change (YoY)	22.60%	4.48%	97.55%	329.01%	62.82%
EPS (Basic)	-4.65	0.83	-10.54	-44.17	-237.58
EPS (Diluted)	-4.65	0.83	-10.56	-44.17	-237.61
Free Cash Flow	-18.65	-14.18	-43.43	-83.99	-42.62
Free Cash Flow Per Share	-1.33	-1.24	-3.97	-15.15	-32.99
Gross Margin	77.78%	78.68%	69.66%	71.93%	73.70%
Operating Margin	-38.91%	-26.56%	-50.09%	-75.41%	-61.37%
Profit Margin	-68.39%	7.91%	-87.04%	-215.20%	-370.19%
Free Cash Flow Margin	-19.54%	-11.79%	-32.74%	-73.83%	-51.40%
EBITDA	-28.02	-20.78	-53.59	-74.11	-40.35
EBITDA Margin	-29.36%	-17.28%	-40.40%	-65.14%	-48.66%
D&A For EBITDA	9.11	11.17	12.86	11.69	10.54
EBIT	-37.13	-31.95	-66.44	-85.79	-50.88
EBIT Margin	-38.91%	-26.56%	-50.09%	-75.41%	-61.37%
Effective Tax Rate	-	5.33%	-	-	-
Revenue as Reported	95.41	120.27	132.65	113.77	82.91

Source: S&P Global Market Intelligence. Standard template. Financial Sources.