FiscalNote Holdings (NOTE) Debt Ratio (2020 - 2026)
FiscalNote Holdings' Debt Ratio came in at 0.65 for Q2 2026, up 61.6% from 0.40 a year earlier and up 13.4% from the prior quarter.
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Analysis
FiscalNote Holdings (NOTE) Debt Ratio (2020 - 2026) Analysis & Trends
For FY2025, FiscalNote Holdings' Debt Ratio was 0.50, up 11.7% from FY2024.
- Going back by year, Debt Ratio was 0.45 in FY2024 (-24.9%), 0.60 in FY2023 (+60.4%), 0.37 in FY2022 (-54.7%) and 0.83 in FY2021.
- The Q2 2026 figure represents the highest quarterly Debt Ratio since Q4 2021.
- Year-over-year, Debt Ratio has increased for four consecutive quarters, with growth averaging 9.3% over the last eight quarters.
- The fastest year-over-year change in Debt Ratio over five years came in Q2 2026 (growth of 61.6%), and the weakest in Q4 2022 (a decline of 54.7%).
- Business Quant data shows NOTE's Debt Ratio at 0.58 (Q1 2026), 0.50 (Q4 2025) and 0.48 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 450.50 Bn | 419.56 Bn | 1.64 Bn | - |
| 2 | Oracle | 401.01 Bn | 273.57 Bn | - | 0.41 |
| 3 | Sap Se | 257.03 Bn | 178.11 Bn | 8.40 Bn | 0.18 |
| 4 | Salesforce | 187.04 Bn | 142.92 Bn | 8.70 Bn | 0.36 |
| 5 | ServiceNow | 135.91 Bn | 114.37 Bn | 2.82 Bn | 0.07 |
| 6 | Automatic Data Processing | 104.14 Bn | 86.27 Bn | 2.51 Bn | 0.08 |
| 7 | Intuit | 72.30 Bn | 51.65 Bn | 3.44 Bn | 0.21 |
| 8 | Relx | 60.17 Bn | 57.14 Bn | - | 0.16 |
| 9 | Strategy | 55.31 Bn | 48.30 Bn | 81.55 Mn | 0.13 |
| 10 | FiscalNote Holdings | 844,272.34 | -19.74 Mn | 15.61 Mn | 0.65 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.65 |
| Mar 31, 2026 | 0.58 |
| Dec 31, 2025 | 0.50 |
| Sep 30, 2025 | 0.48 |
| Jun 30, 2025 | 0.40 |
| Mar 31, 2025 | 0.39 |
| Dec 31, 2024 | 0.45 |
| Sep 30, 2024 | 0.45 |
| Jun 30, 2024 | 0.42 |
| Mar 31, 2024 | 0.43 |
| Dec 31, 2023 | 0.60 |
| Sep 30, 2023 | 0.53 |
| Jun 30, 2023 | 0.51 |
| Mar 31, 2023 | 0.40 |
| Dec 31, 2022 | 0.37 |
| Sep 30, 2022 | 0.36 |
| Mar 31, 2022 | 0.00 |
| Dec 31, 2021 | 0.83 |
| Dec 31, 2020 | 0.00 |
API Access
FiscalNote Holdings Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=NOTE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "NOTE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=NOTE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();