FiscalNote Holdings (NOTE) Gross Margin (2021 - 2026)
FiscalNote Holdings' (NOTE) quarterly Gross Margin came in at 79.26% in Q1 2026, up 465.0% year-on-year from 14.03% in Q1 2025, and down 0.64% quarter-over-quarter from 79.77% in Q4 2025.
FiscalNote Holdings (NOTE) Gross Margin (2021 - 2026) Analysis & Trends
FiscalNote Holdings' Gross Margin history runs 6 years deep, the most recent figure standing at 79.26% for Q1 2026.
- On a quarterly basis, Gross Margin rose 465.0% year-over-year to 79.26% in Q1 2026; TTM through Mar 2026 was 79.11%, a 105.0% increase from a year earlier, with the FY2025 full-year figure at 77.78%, down 90.0% from the prior year.
- Gross Margin slipped to 79.26% in Q1 2026 per NOTE's latest filing, from 79.77% in the prior quarter.
- Across five years, Gross Margin topped out at 82.03% in Q4 2024 and bottomed at 66.76% in Q4 2023.
- The 5-year median for Gross Margin is 74.61% (2025), against an average of 74.85%.
- Across the five-year window, Gross Margin slumped 667 bps in 2023 and soared 1526 bps in 2024, its largest moves.
- Year by year, Gross Margin stood at 73.43% in 2022, then declined by 9 bps to 66.76% in 2023, then rose by 23 bps to 82.03% in 2024, then decreased by 3 bps to 79.77% in 2025, then slipped by 1 bps to 79.26% in 2026.
- Per Business Quant, the three latest NOTE Gross Margin figures stand at 79.26% (Q1 2026), 79.77% (Q4 2025), and 78.72% (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 203.45 Bn | 192.09 Bn | 9.91 Bn | 57.73% |
| 2 | Accenture | 94.76 Bn | 84.59 Bn | 6.13 Bn | 32.77% |
| 3 | Cgi | 61.46 Bn | 60.81 Bn | - | - |
| 4 | GDS Holdings | 48.81 Bn | 46.67 Bn | 164.04 Mn | 33.61% |
| 5 | Infosys | 47.98 Bn | 47.98 Bn | 1.60 Bn | 31.48% |
| 6 | Cognizant Technology Solutions | 22.55 Bn | 21.03 Bn | 1.78 Bn | 32.79% |
| 7 | Fidelity National Information Services | 22.25 Bn | 21.49 Bn | 1.11 Bn | 33.63% |
| 8 | Wipro | 20.03 Bn | 15.85 Bn | 738.00 Mn | 28.54% |
| 9 | Cdw | 17.85 Bn | 17.27 Bn | 1.19 Bn | 20.95% |
| 10 | FiscalNote Holdings | 2.10 Mn | -22.37 Mn | 15.87 Mn | 79.26% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 79.26% |
| Dec 31, 2025 | 79.77% |
| Sep 30, 2025 | 78.72% |
| Jun 30, 2025 | 78.73% |
| Mar 31, 2025 | 74.61% |
| Dec 31, 2024 | 82.03% |
| Sep 30, 2024 | 78.82% |
| Jun 30, 2024 | 76.53% |
| Mar 31, 2024 | 77.44% |
| Dec 31, 2023 | 66.76% |
| Sep 30, 2023 | 69.30% |
| Jun 30, 2023 | 71.12% |
| Mar 31, 2023 | 71.65% |
| Dec 31, 2022 | 73.43% |
| Sep 30, 2022 | 70.08% |
| Jun 30, 2022 | 71.62% |
| Mar 31, 2022 | 72.50% |
| Dec 31, 2021 | 70.82% |
| Sep 30, 2021 | 75.14% |