FiscalNote Holdings Operating Expenses Growth & History (NOTE)
FiscalNote Holdings's operating expenses was $144.9M for fiscal 2025.
View full FiscalNote Holdings company overviewFiscalNote Holdings annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $144.9M | −$7.3M | −4.79% |
| 2024 | 2024-12-31 | $152.2M | −$78.2M | −33.93% |
| 2023 | 2023-12-31 | $230.4M | $28.4M | +14.08% |
| 2022 | 2022-12-31 | $202.0M | $63.5M | +45.82% |
| 2021 | 2021-12-31 | $138.5M | — | — |
FiscalNote Holdings quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $43.7M | $13.0M | +42.29% |
| Q1 2026 | 2026-03-31 | $62.5M | $21.3M | +51.51% |
| Q4 2025 | 2025-12-31 | $40.8M | $5.6M | +15.85% |
| Q3 2025 | 2025-09-30 | $32.2M | −$4.1M | −11.26% |
| Q2 2025 | 2025-06-30 | $30.7M | −$6.5M | −17.50% |
| Q1 2025 | 2025-03-31 | $41.3M | −$2.3M | −5.24% |
| Q4 2024 | 2024-12-31 | $35.2M | −$39.0M | −52.56% |
| Q3 2024 | 2024-09-30 | $36.3M | −$11.2M | −23.64% |
| Q2 2024 | 2024-06-30 | $37.2M | −$12.6M | −25.33% |
| Q1 2024 | 2024-03-31 | $43.6M | −$15.3M | −26.05% |
| Q4 2023 | 2023-12-31 | $74.2M | $22.8M | +44.45% |
| Q3 2023 | 2023-09-30 | $47.5M | −$25.7M | −35.15% |
| Q2 2023 | 2023-06-30 | $49.8M | $10.9M | +28.03% |
| Q1 2023 | 2023-03-31 | $58.9M | $20.4M | +53.06% |
| Q4 2022 | 2022-12-31 | $51.4M | — | — |
| Q3 2022 | 2022-09-30 | $73.2M | $36.1M | +97.50% |
| Q2 2022 | 2022-06-30 | $38.9M | — | — |
| Q1 2022 | 2022-03-31 | $38.5M | — | — |
| Q3 2021 | 2021-09-30 | $37.1M | — | — |
FiscalNote Holdings operating expenses trends
Between the periods ended 2021-12-31 and 2025-12-31, FiscalNote Holdings's operating expenses increased from $138.5M to $144.9M, a change of $6.4M. The latest reported quarter, Q2 2026, shows $43.7M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review FiscalNote Holdings source filings ↗