Stocktoria
FiscalNote Holdings, Inc. NOTE
FiscalNote Holdings, Inc. (NOTE) earns a Piotroski F-score of 2/9 (weak financial health), with an Altman Z″ in the distress zone. It does not currently pay a dividend. FY2025 revenue was $95.4M at a -68.4% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Analyst price target
Wall Street analyst consensus — a sentiment gauge, not our scoring.
How it ranks in Services · percentile among 1013 companies
Percentile vs other Services companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 2/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · distress zone
| Component | Value |
|---|---|
| Working capital / assets | 0.004 |
| Retained earnings / assets | -3.418 |
| EBIT / assets | -0.194 |
| Equity / liabilities | 0.321 |
Sector peers · similar-size Services companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| NOTE | FiscalNote Holdings, Inc. | 2/9 | -12.08 | — | -20.7% |
| PAYS | Paysign, Inc. | 6/9 | 1.14 | 60.5 | +40.5% |
| OPRX | OptimizeRx Corp | 8/9 | 3.37 | 18.7 | +18.8% |
| BAER | Bridger Aerospace Group Holdings, Inc. | 7/9 | — | 24.1 | +24.6% |
| DHX | DHI GROUP, INC. | 4/9 | -0.09 | — | -9.9% |
| SGRP | SPAR Group, Inc. | 2/9 | -4.77 | — | -16.8% |
| POWW | Outdoor Holding Co | 7/9 | 6.36 | — | +3.5% |
About FiscalNote Holdings, Inc.
FiscalNote Holdings, Inc. operates as a technology provider for global policy and regulatory intelligence in North America, Europe, Australia, and Asia. The company operates PolicyNote which delivers legislative tracking, regulatory analysis, and stakeholder engagement. It also delivers extensive policy data integrated with AI-powered monitoring and expert analysis. The company serves midsized and smaller businesses, government agencies, law firms, professional services organizations, trade groups, and non-profits. FiscalNote Holdings, Inc. was founded in 2013 and is headquartered in Washington, the District Of Columbia.
FAQ
Is NOTE financially healthy?
FiscalNote Holdings, Inc.'s Piotroski F-score is 2/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the distress zone.
Does NOTE pay a dividend?
No, FiscalNote Holdings, Inc. does not currently pay a dividend.
How profitable is NOTE?
In FY2025, FiscalNote Holdings, Inc. had a net margin of -68.4% and a return on equity of -105.3%.
What is the analyst price target for NOTE?
The average Wall-Street price target for FiscalNote Holdings, Inc. is $4.83, about 12619.3% above the recent price, from 3 analysts.
Is NOTE a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on FiscalNote Holdings, Inc.: a Piotroski F-score of 2/9, an Altman Z″ in the distress zone. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.