FiscalNote Holdings, Inc. 8K

FiscalNote Holdings, Inc. announced weaker year-over-year Q2 2026 results with a goodwill impairment, lowered full-year guidance, a new CEO, and an ongoing strategic review, while emphasizing improved net revenue retention and growing adoption of its PolicyNote AI APIs.

On August 10, 2026, FiscalNote Holdings, Inc. reported unaudited financial results for the quarter ended June 30, 2026, disclosing a 16% year-over-year decline in revenue to $19.6 million with subscription revenue down 12%, adjusted EBITDA of $2.3 million slightly below guidance, a significant $19.1 million non-cash goodwill impairment that drove a net loss of $27.8 million, and continued operational streamlining following earlier workforce restructuring. The company highlighted improved quarterly net revenue retention to 98%, early customer adoption of its PolicyNote agentic API products (including new agreements with Siemens and another large U.S. technology company), and the June 2026 appointment of board member Key Compton as President and CEO. FiscalNote revised its full-year 2026 guidance downward to revenue of $75–$78 million and adjusted EBITDA of $9–$11 million, issued initial Q3 2026 guidance, and announced that its board and advisors are continuing a strategic review process that may include additional divestitures of non-core assets, against a backdrop of softness in federal/public sector and cautious private-sector spending.

Filing Facts

CIK

1823466

Ticker

-

Form

8K

Source Type

sec

Accession

0001193125-26-342623

Alert Tier

7