FiscalNote Holdings (NOTE) FCF Margin (2021 - 2026)

FiscalNote Holdings' (NOTE) quarterly FCF Margin came in at 6.83% in Q1 2026, down 488.0% year-on-year from 1.76% in Q1 2025, and down 71.04% quarter-over-quarter from 23.59% in Q4 2025.

FiscalNote Holdings (NOTE) FCF Margin (2021 - 2026) Analysis & Trends

FiscalNote Holdings' FCF Margin history runs 6 years deep, the most recent figure standing at 6.83% for Q1 2026.

  • On a quarterly basis, FCF Margin fell 488.0% year-over-year to 6.83% in Q1 2026; TTM through Mar 2026 was 15.17%, a 1240.0% decrease from a year earlier, with the FY2025 full-year figure at 12.04%, down 756.0% from the prior year.
  • FCF Margin declined to 6.83% in Q1 2026 per NOTE's latest filing, from 23.59% in the prior quarter.
  • Across five years, FCF Margin topped out at 23.59% in Q4 2025 and bottomed at 115.25% in Q3 2022.
  • The 5-year median for FCF Margin is 16.73% (2023), against an average of 27.24%.
  • Across the five-year window, FCF Margin soared 8035 bps in 2023 and slumped 5275 bps in 2025, its largest moves.
  • Year by year, FCF Margin stood at 82.99% in 2022, then surged by 87 bps to 10.55% in 2023, then surged by 49 bps to 5.43% in 2024, then soared by 535 bps to 23.59% in 2025, then sank by 71 bps to 6.83% in 2026.
  • Per Business Quant, the three latest NOTE FCF Margin figures stand at 6.83% (Q1 2026), 23.59% (Q4 2025), and 61.85% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 International Business Machines 203.45 Bn 192.09 Bn 9.91 Bn 13.80%
2 Accenture 94.76 Bn 84.59 Bn 6.13 Bn 19.23%
3 Cgi 61.46 Bn 60.81 Bn - 0.76%
4 GDS Holdings 48.81 Bn 46.67 Bn 164.04 Mn 36.02%
5 Infosys 47.98 Bn 47.98 Bn 1.60 Bn -
6 Cognizant Technology Solutions 22.55 Bn 21.03 Bn 1.78 Bn 3.66%
7 Fidelity National Information Services 22.25 Bn 21.49 Bn 1.11 Bn 20.12%
8 Wipro 20.03 Bn 15.85 Bn 738.00 Mn 1.38%
9 Cdw 17.85 Bn 17.27 Bn 1.19 Bn 4.37%
10 FiscalNote Holdings 2.10 Mn -22.37 Mn 15.87 Mn 6.83%

Historic Data

Download Data
DateValue
Mar 31, 2026 6.83%
Dec 31, 2025 23.59%
Sep 30, 2025 -61.85%
Jun 30, 2025 -26.11%
Mar 31, 2025 11.71%
Dec 31, 2024 -5.43%
Sep 30, 2024 -9.10%
Jun 30, 2024 -7.38%
Mar 31, 2024 3.27%
Dec 31, 2023 -10.55%
Sep 30, 2023 -34.91%
Jun 30, 2023 -16.73%
Mar 31, 2023 -46.61%
Dec 31, 2022 -82.99%
Sep 30, 2022 -115.25%
Jun 30, 2022 -44.37%
Mar 31, 2022 -47.30%
Dec 31, 2021 -59.30%
Sep 30, 2021 -110.47%