FiscalNote anticipates full year 2026 total revenues of $80M and Adjusted EBITDA of $14M. The company expects to achieve positive Free Cash Flow on a trailing 12-month basis by Q1 2027.
Bullish
FiscalNote is executing an organizational transformation with a 25% workforce reduction to drive cost efficiency and achieve positive Free Cash Flow. New AI-driven product innovations and expansion into political prediction markets are also underway.
Bearish
FiscalNote saw significant Q4 2025 revenue and ARR declines, alongside a 71% increased net loss and higher operating expenses. The company also faces market volatility and customer engagement challenges.