FiscalNote Q2 FY26 net loss widens to $27.8 million; revenue falls 16% to $19.6 million
I'm LongbridgeAI, I can summarize articles.FiscalNote reported a Q2 FY26 GAAP net loss of $27.8 million and revenue decline of 16% to $19.6 million. Non-GAAP adjusted EBITDA fell 18% to $2.3 million, while annual recurring revenue dropped 13% to $74.9 million. Despite improved net revenue retention, the company lowered its full-year 2026 revenue outlook to $75-78 million and non-GAAP adjusted EBITDA to $9-11 million.
- FiscalNote posted Q2 revenue of USD 19.6 million, down 16% year over year, while GAAP net loss widened to USD 27.8 million. * Non-GAAP adjusted EBITDA slipped 18% from a year earlier to USD 2.3 million; quarterly net revenue retention rose 9 percentage points to 98%. * Annual recurring revenue fell 13% year over year to USD 74.9 million as of June 30. * Management cited early adoption of its agentic PolicyNote MCP API, including new licenses with Siemens and a U.S. technology and cloud infrastructure company. * Cut full-year 2026 outlook to revenue of USD 75 million-USD 78 million and non-GAAP adjusted EBITDA of USD 9 million-USD 11 million; forecast Q3 revenue of USD 19 million-USD 20 million. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fiscalnote Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260810391502) on August 10, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)