FiscalNote Holdings (NOTE) Operating Expenses (2021 - 2026)

FiscalNote Holdings (NOTE) recorded quarterly Operating Expenses of $62.5 million in Q1 2026, up 53.34% quarter-over-quarter from $40.8 million in Q4 2025, and up 51.51% on a YoY basis from $41.3 million in Q1 2025.

FiscalNote Holdings (NOTE) Operating Expenses (2021 - 2026) Analysis & Trends

FiscalNote Holdings' Operating Expenses history runs 6 years deep, the most recent figure standing at $62.5 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 51.51% year-over-year to $62.5 million; the TTM figure through Mar 2026 stood at $166.2 million (up 10.84% YoY), while the FY2025 annual figure was $144.9 million, down 4.79% from the prior year.
  • Operating Expenses was $62.5 million for Q1 2026 at FiscalNote Holdings, up from $40.8 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $74.2 million in Q4 2023 to a low of $30.7 million in Q2 2025.
  • Historically, Operating Expenses has averaged $46.6 million across 5 years, with a median of $41.3 million in 2025.
  • The sharpest annual moves came in 2022 and 2024: Operating Expenses surged 15269.71% in 2022, then tumbled 52.56% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $51.4 million in 2022, then surged by 44.45% to $74.2 million in 2023, then sank by 52.56% to $35.2 million in 2024, then grew by 15.85% to $40.8 million in 2025, then jumped by 53.34% to $62.5 million in 2026.
  • The last three Operating Expenses figures came in at $62.5 million (Q1 2026), $40.8 million (Q4 2025), and $32.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Infosys 250,975,992.28 Bn 250,975,991.00 Bn 1.56 Bn 500.00 Mn
2 International Business Machines 267.32 Bn 252.39 Bn 8.95 Bn 7.26 Bn
3 Wipro 138.60 Bn 137.44 Bn 751.00 Mn -158.00 Mn
4 Accenture 109.98 Bn 101.66 Bn 16.30 Bn 15.55 Bn
5 Cognizant Technology Solutions 25.38 Bn 23.86 Bn 1.78 Bn 791.00 Mn
6 Fidelity National Information Services 21.09 Bn 20.34 Bn 1.11 Bn 605.00 Mn
7 Broadridge Financial Solutions 17.60 Bn 17.30 Bn 626.90 Mn 1.59 Bn
8 Cdw 17.16 Bn 16.58 Bn 1.19 Bn 814.00 Mn
9 Leidos Holdings 15.68 Bn 15.27 Bn 761.00 Mn 223.00 Mn
10 FiscalNote Holdings - - 14.31 Mn 62.53 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 62.53 Mn
Dec 31, 2025 40.78 Mn
Sep 30, 2025 32.17 Mn
Jun 30, 2025 30.69 Mn
Mar 31, 2025 41.27 Mn
Dec 31, 2024 35.20 Mn
Sep 30, 2024 36.25 Mn
Jun 30, 2024 37.20 Mn
Mar 31, 2024 43.56 Mn
Dec 31, 2023 74.19 Mn
Sep 30, 2023 47.47 Mn
Jun 30, 2023 49.82 Mn
Mar 31, 2023 58.90 Mn
Dec 31, 2022 51.36 Mn
Sep 30, 2022 73.20 Mn
Jun 30, 2022 38.91 Mn
Mar 31, 2022 38.48 Mn
Dec 31, 2021 40.74 Mn
Sep 30, 2021 37.06 Mn
Jun 30, 2021 2.03 Mn