FiscalNote Holdings (NOTE) Research & Development (2021 - 2026)
FiscalNote Holdings (NOTE) recorded quarterly Research & Development of $2.0 million in Q1 2026, down 3.68% quarter-over-quarter from $2.1 million in Q4 2025, and down 34.19% on a YoY basis from $3.1 million in Q1 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 34.19% year-over-year to $2.0 million; the TTM figure through Mar 2026 stood at $8.5 million (down 31.65% YoY), while the FY2025 annual figure was $9.6 million, down 25.39% from the prior year.
- Research & Development was $2.0 million for Q1 2026 at FiscalNote Holdings, down from $2.1 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $6.0 million in Q1 2022 to a low of $2.0 million in Q1 2026.
- Historically, Research & Development has averaged $3.7 million across 5 years, with a median of $3.5 million in 2024.
- The sharpest annual moves came in 2023 and 2025: Research & Development rose 18.97% in 2023, then plunged 35.97% in 2025.
- A 5-year view of Research & Development shows it stood at $5.3 million in 2022, then slipped by 24.2% to $4.0 million in 2023, then retreated by 27.96% to $2.9 million in 2024, then declined by 26.72% to $2.1 million in 2025, then dropped by 3.68% to $2.0 million in 2026.
- The last three Research & Development figures came in at $2.0 million (Q1 2026), $2.1 million (Q4 2025), and $2.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | 5.32 Bn |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | 2.17 Bn |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | - |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | - |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | - |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | - |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | - |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | - |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | - |
| 10 | FiscalNote Holdings | - | - | 14.31 Mn | 2.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.04 Mn |
| Dec 31, 2025 | 2.12 Mn |
| Sep 30, 2025 | 2.08 Mn |
| Jun 30, 2025 | 2.27 Mn |
| Mar 31, 2025 | 3.10 Mn |
| Dec 31, 2024 | 2.89 Mn |
| Sep 30, 2024 | 3.25 Mn |
| Jun 30, 2024 | 3.21 Mn |
| Mar 31, 2024 | 3.48 Mn |
| Dec 31, 2023 | 4.02 Mn |
| Sep 30, 2023 | 4.54 Mn |
| Jun 30, 2023 | 4.51 Mn |
| Mar 31, 2023 | 5.12 Mn |
| Dec 31, 2022 | 5.30 Mn |
| Sep 30, 2022 | 5.63 Mn |
| Jun 30, 2022 | 3.79 Mn |
| Mar 31, 2022 | 6.02 Mn |
| Dec 31, 2021 | 6.35 Mn |
| Sep 30, 2021 | 6.43 Mn |