NOTE News & Events

FiscalNote announced an expansion into the political prediction market. "Prediction markets are rapidly emerging as a powerful new way to understand, anticipate, and engage with outcomes across a wide range of domains," said Josh Resnik, president and CEO of FiscalNote. "As public interest in politics and policy decisions accelerates, this category is poised to reshape how political insight is formed, shared, and acted upon, extending well beyond traditional audiences. With this expansion into prediction markets, FiscalNote is positioning itself to define this space over time, bringing its policy intelligence, data sets, and expertise into a category that is still taking shape. We see a significant opportunity to build new, differentiated businesses at the intersection of policy, data, and public decision-making."

The company updated its guidance for full year 2025, remaining within its previous guidance range and narrowing the forecast to now expect total revenues of approximately $95 to $96M and adjusted EBITDA of approximately $10M; the previous guidance was a range of total revenues of $94 to $100M and adjusted EBITDA of $10 to $12M. "The company is seeing strength in overall demand and pipeline, as well as strong improvements in key sales metrics (e.g., win rates and contract values) in the corporate sector. This progress is balanced by challenges in the federal public sector over the course of the year and now in Q4 due to the extended federal government shutdown," it stated.

Reports Q3 revenue $22.4M, consensus $22.83M. Josh Resnik, CEO and President of FiscalNote, said, "In the third quarter we demonstrated meaningful progress on our path to durable, profitable growth. We delivered sequential ARR growth on a pro forma basis, primarily driven by improving performance with our corporate clients. With the continued success of PolicyNote, we're strengthening our unique position as the leader of AI-driven insights and expert analysis on a global-to-local scale for policy and regulatory intelligence, opening new pathways for enhanced client engagement. As always, we remain disciplined in how we deploy our resources, nimble in how we operate, and singularly focused in how we execute on our product-focused strategy in service of building a solid foundation for sustainable growth, expanding profitability, and durable positive free cash flow."