FiscalNote Holdings (NOTE) Research & Development (2021 - 2026)
FiscalNote Holdings (NOTE) posted quarterly Research & Development of $2.0 million for Q1 2026, down 73.68% year-over-year from $7.8 million in Q1 2025, and down 89.35% quarter-over-quarter from $19.2 million in Q4 2025.
FiscalNote Holdings (NOTE) Research & Development (2021 - 2026) Analysis & Trends
FiscalNote Holdings' Research & Development history runs 6 years deep, the most recent figure standing at $2.0 million for Q1 2026.
- In Q1 2026, Research & Development fell 73.68% year-over-year to $2.0 million; the TTM figure through Mar 2026 stood at $25.6 million (down 11.0% YoY), while the FY2025 annual figure was $26.6 million, up 107.55% from the prior year.
- Research & Development for Q1 2026 stood at $2.0 million, down from $19.2 million in the prior quarter.
- The five-year high for Research & Development was $19.2 million in Q4 2025, with the low at -$11.0 million in Q4 2022.
- The 5-year median for Research & Development is $9.0 million (2024), against an average of $6.9 million.
- The sharpest annual moves came in 2022 and 2025: Research & Development tumbled 230.51% in 2022, then surged 562.74% in 2025.
- FiscalNote Holdings' Research & Development stood at -$11.0 million in 2022, then surged by 195.58% to $10.5 million in 2023, then tumbled by 72.45% to $2.9 million in 2024, then soared by 562.74% to $19.2 million in 2025, then slumped by 89.35% to $2.0 million in 2026.
- Business Quant data shows NOTE's Research & Development at $2.0 million in Q1 2026, $19.2 million in Q4 2025, and $2.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 219.38 Bn | 208.02 Bn | 9.91 Bn | 2.31 Bn |
| 2 | Accenture | 111.06 Bn | 100.89 Bn | 6.13 Bn | 1.81 Bn |
| 3 | Infosys | 47.96 Bn | 47.96 Bn | 1.60 Bn | 270.00 Mn |
| 4 | Cgi | 32.80 Bn | 32.34 Bn | - | - |
| 5 | Cognizant Technology Solutions | 28.32 Bn | 27.27 Bn | 1.83 Bn | - |
| 6 | Fidelity National Information Services | 20.92 Bn | 20.17 Bn | 1.17 Bn | - |
| 7 | Broadridge Financial Solutions | 20.67 Bn | 20.27 Bn | 853.00 Mn | - |
| 8 | Wipro | 19.82 Bn | 18.75 Bn | 738.00 Mn | -174.00 Mn |
| 9 | Leidos Holdings | 17.78 Bn | 17.03 Bn | 817.00 Mn | - |
| 10 | FiscalNote Holdings | 1.75 Mn | -20.84 Mn | 15.61 Mn | 4.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.50 Mn |
| Mar 31, 2026 | 2.04 Mn |
| Dec 31, 2025 | 19.17 Mn |
| Sep 30, 2025 | 2.08 Mn |
| Jun 30, 2025 | 2.27 Mn |
| Mar 31, 2025 | 7.76 Mn |
| Dec 31, 2024 | 2.89 Mn |
| Sep 30, 2024 | 9.07 Mn |
| Jun 30, 2024 | 9.00 Mn |
| Mar 31, 2024 | 9.42 Mn |
| Dec 31, 2023 | 10.50 Mn |
| Sep 30, 2023 | 11.24 Mn |
| Jun 30, 2023 | 11.69 Mn |
| Mar 31, 2023 | 12.30 Mn |
| Dec 31, 2022 | -10.99 Mn |
| Sep 30, 2022 | 5.63 Mn |
| Jun 30, 2022 | 3.79 Mn |
| Mar 31, 2022 | 9.50 Mn |
| Dec 31, 2021 | 8.42 Mn |
| Sep 30, 2021 | 7.45 Mn |