Growth Metrics

FiscalNote Holdings (NOTE) Research & Development (2021 - 2025)

FiscalNote Holdings (NOTE) has 5 years of Research & Development data on record, last reported at $2.1 million in Q3 2025.

  • For Q3 2025, Research & Development fell 35.97% year-over-year to $2.1 million; the TTM value through Sep 2025 reached $10.3 million, down 25.85%, while the annual FY2024 figure was $12.8 million, 29.46% down from the prior year.
  • Research & Development reached $2.1 million in Q3 2025 per NOTE's latest filing, down from $2.3 million in the prior quarter.
  • Across five years, Research & Development topped out at $6.4 million in Q3 2021 and bottomed at $2.1 million in Q3 2025.
  • Average Research & Development over 5 years is $3.7 million, with a median of $3.5 million recorded in 2024.
  • Peak YoY movement for Research & Development: rose 18.97% in 2023, then tumbled 35.97% in 2025.
  • A 5-year view of Research & Development shows it stood at $6.4 million in 2021, then plummeted by 41.07% to $3.8 million in 2022, then rose by 5.94% to $4.0 million in 2023, then dropped by 27.96% to $2.9 million in 2024, then fell by 28.07% to $2.1 million in 2025.
  • Per Business Quant database, its latest 3 readings for Research & Development were $2.1 million in Q3 2025, $2.3 million in Q2 2025, and $3.1 million in Q1 2025.