FiscalNote Holdings R&D Spending Growth & History (NOTE)
FiscalNote Holdings's r&d spending was $9.6M for fiscal 2025.
View full FiscalNote Holdings company overviewFiscalNote Holdings annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $9.6M | −$3.3M | −25.39% |
| 2024 | 2024-12-31 | $12.8M | −$5.4M | −29.46% |
| 2023 | 2023-12-31 | $18.2M | −$2.5M | −12.30% |
| 2022 | 2022-12-31 | $20.7M | −$3.3M | −13.66% |
| 2021 | 2021-12-31 | $24.0M | — | — |
FiscalNote Holdings quarterly r&d spending
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.6M | −$687,000 | −30.30% |
| Q1 2026 | 2026-03-31 | $2.0M | −$1.1M | −34.19% |
| Q4 2025 | 2025-12-31 | $2.1M | −$773,000 | −26.72% |
| Q3 2025 | 2025-09-30 | $2.1M | −$1.2M | −35.97% |
| Q2 2025 | 2025-06-30 | $2.3M | −$938,000 | −29.27% |
| Q1 2025 | 2025-03-31 | $3.1M | −$377,000 | −10.83% |
| Q4 2024 | 2024-12-31 | $2.9M | −$1.1M | −27.96% |
| Q3 2024 | 2024-09-30 | $3.3M | −$1.3M | −28.41% |
| Q2 2024 | 2024-06-30 | $3.2M | −$1.3M | −28.94% |
| Q1 2024 | 2024-03-31 | $3.5M | −$1.6M | −32.03% |
| Q4 2023 | 2023-12-31 | $4.0M | −$1.3M | −24.20% |
| Q3 2023 | 2023-09-30 | $4.5M | −$1.1M | −19.35% |
| Q2 2023 | 2023-06-30 | $4.5M | $719,000 | +18.97% |
| Q1 2023 | 2023-03-31 | $5.1M | −$898,000 | −14.92% |
| Q4 2022 | 2022-12-31 | $5.3M | — | — |
| Q3 2022 | 2022-09-30 | $5.6M | −$804,000 | −12.50% |
| Q2 2022 | 2022-06-30 | $3.8M | — | — |
| Q1 2022 | 2022-03-31 | $6.0M | — | — |
| Q3 2021 | 2021-09-30 | $6.4M | — | — |
FiscalNote Holdings r&d spending trends
Between the periods ended 2021-12-31 and 2025-12-31, FiscalNote Holdings's r&d spending decreased from $24.0M to $9.6M, a change of −$14.4M. The latest reported quarter, Q2 2026, shows $1.6M.
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review FiscalNote Holdings source filings ↗