Ethan Widell's questions to FiscalNote Holdings (NOTE) leadership • Q2 2025
Question
Ethan Widell, on behalf of Zach Cummins at B. Riley Securities, inquired about the key levers for improving retention beyond product-led initiatives and asked how the increasing rate of multi-year commitments would impact the slope of future revenue growth.
Answer
Josh Resnik, President & CEO, detailed that retention improvements stem from multiple factors. Beyond PolicyNote's strong user engagement, he cited new global data packages driving expansion revenue and significant operational changes to correct prior execution issues. Resnik highlighted that more than doubling the rate of new multi-year contracts directly translates to improved gross retention in 2026, providing stability and making new logo wins more additive to growth.