FiscalNote Holdings (NOTE) Cost of Revenue (2021 - 2026)
FiscalNote Holdings (NOTE) recorded quarterly Cost of Revenue of $5.7 million in Q1 2026, down 3.25% quarter-over-quarter from $5.9 million in Q4 2025, and down 26.29% on a YoY basis from $7.8 million in Q1 2025.
FiscalNote Holdings (NOTE) Cost of Revenue (2021 - 2026) Analysis & Trends
FiscalNote Holdings' Cost of Revenue history runs 6 years deep, the most recent figure standing at $5.7 million for Q1 2026.
- In Q1 2026, Cost of Revenue fell 26.29% year-over-year to $5.7 million; the TTM figure through Mar 2026 stood at $24.6 million (down 26.39% YoY), while the FY2025 annual figure was $26.6 million, down 24.05% from the prior year.
- Cost of Revenue was $5.7 million for Q1 2026 at FiscalNote Holdings, down from $5.9 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $11.7 million in Q2 2023 to a low of $215000.0 in Q4 2022.
- Historically, Cost of Revenue has averaged $7.7 million across 5 years, with a median of $7.8 million in 2025.
- The sharpest annual moves came in 2022 and 2023: Cost of Revenue tumbled 98.57% in 2022, then surged 2239.07% in 2023.
- A 5-year view of Cost of Revenue shows it stood at $215000.0 in 2022, then soared by 2239.07% to $5.0 million in 2023, then jumped by 50.55% to $7.6 million in 2024, then slipped by 21.93% to $5.9 million in 2025, then declined by 3.25% to $5.7 million in 2026.
- The last three Cost of Revenue figures came in at $5.7 million (Q1 2026), $5.9 million (Q4 2025), and $6.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | 3.49 Bn |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | 6.97 Bn |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | 1.83 Bn |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 1.75 Bn |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | 3.64 Bn |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | 2.19 Bn |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | 1.33 Bn |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | 4.49 Bn |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | 3.64 Bn |
| 10 | FiscalNote Holdings | - | - | 14.31 Mn | 5.72 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.72 Mn |
| Mar 31, 2026 | 5.72 Mn |
| Dec 31, 2025 | 5.91 Mn |
| Dec 31, 2025 | 5.91 Mn |
| Sep 30, 2025 | 6.26 Mn |
| Sep 30, 2025 | 6.26 Mn |
| Jun 30, 2025 | 6.69 Mn |
| Jun 30, 2025 | 6.69 Mn |
| Mar 31, 2025 | 7.76 Mn |
| Mar 31, 2025 | 7.76 Mn |
| Dec 31, 2024 | 7.57 Mn |
| Dec 31, 2024 | 7.57 Mn |
| Sep 30, 2024 | 9.07 Mn |
| Sep 30, 2024 | 9.07 Mn |
| Jun 30, 2024 | 9.00 Mn |
| Jun 30, 2024 | 9.00 Mn |
| Mar 31, 2024 | 9.42 Mn |
| Mar 31, 2024 | 9.42 Mn |
| Dec 31, 2023 | 5.03 Mn |
| Dec 31, 2023 | 5.03 Mn |