Quarterly ResultAug 10, 2026, 05:03 PM
FiscalNote Q2 Revenue $19.6M; Cuts FY26 Guidance
AI Summary
FiscalNote reported Q2 2026 revenues of $19.6 million, meeting its guidance, and adjusted EBITDA of $2.3 million, slightly below expectations. The company saw an improvement in quarterly net revenue retention to 98% and continued its operational efficiency initiatives. However, FiscalNote revised its full-year 2026 revenue guidance downwards to $75M-$78M and adjusted EBITDA guidance to $9M-$11M, citing ongoing market softness and cautious spending.
Key Highlights
- Q2 2026 total revenues were $19.6 million, in line with guidance.
- Q2 2026 adjusted EBITDA was $2.3 million, slightly below guidance.
- Quarterly net revenue retention improved to 98% from 89% in Q1.
- Full-year 2026 revenue guidance revised to $75M-$78M (from $80M-$83M).
- Full-year 2026 adjusted EBITDA guidance revised to $9M-$11M (from $14M-$16M).
- Q2 2026 net loss was $(27.8) million, compared to $(13.3) million in Q2 2025.
- Annual Recurring Revenue (ARR) declined 13% YoY to $74.9 million.
- Key Compton was appointed CEO and President in June 2026.
Price Impact
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