Tenable Holdings Inc
NASDAQ:TENB

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Tenable Holdings Inc
NASDAQ:TENB
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Price: 23.29 USD 1.04%
Market Cap: 2.8B USD

Tenable Holdings Inc
Investor Relations

In the sprawling landscape of cybersecurity, Tenable Holdings Inc. has carved out a significant niche, driven by the increasing complexity of digital networks and the relentless rise of cyber threats. Founded in 2002, the company focuses on vulnerability management, offering its clients insights into where their digital infrastructures might be at risk. This becomes critical as organizations rely heavily on interconnected systems, from cloud applications to on-premise servers, and everything in between. Tenable's flagship product, Nessus, has become synonymous with vulnerability scanning, enabling businesses to proactively identify and mitigate security risks before malicious actors can exploit them.

Tenable generates revenue through a subscription-based model, catering to enterprises of all sizes with a flexible, scalable approach. By offering both on-premises and cloud-based solutions, Tenable ensures that its services adapt to the evolving needs of its customers. The company has expanded its product portfolio beyond Nessus with offerings like Tenable.io and Tenable.sc, which provide wider capabilities such as continuous visibility and predictive prioritization. This suite not only helps in maintaining compliance and governance standards but also supports proactive risk management. Tenable's business model thrives on the increasing regulatory scrutiny and the growing awareness among businesses of the importance of comprehensive cybersecurity practices, making its solutions indispensable in the current digital era.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Oct 29, 2025
AI Summary
Q3 2025

Revenue Beat: Tenable reported Q3 2025 revenue of $252.4 million, growing 11.2% year-over-year and exceeding the high end of its guidance.

Profitability: Operating margin reached 23.3%, with non-GAAP EPS up 31.3% to $0.42, reflecting strong execution and improved profitability.

Tenable One Momentum: The Tenable One platform drove 40% of new business and saw 437 new enterprise customers added, a 13% increase over last year.

Guidance Raised: Full-year 2025 guidance for revenue, operating income, and EPS was raised at the midpoint, signaling increased management confidence.

Platform Adoption: Longer, larger customer contracts are becoming more common as clients consolidate security needs onto Tenable One.

AI & Innovation: The company expanded its AI capabilities and integrations, with over 300 validated integrations and continued investment in R&D.

Federal Demand: U.S. Federal business performed well, with minimal concern about government shutdowns or contract risks entering Q4.

Key Financials
Revenue
$252.4 million
Operating Margin
23.3%
Non-GAAP Income from Operations
$58.9 million
EPS
$0.42
Gross Margin
81.6%
Recurring Revenue Percentage
95%
Calculated Current Billings (CCB)
$267.5 million
Net Dollar Expansion Rate
106%
Unlevered Free Cash Flow
$58.5 million
Year-to-Date Unlevered Free Cash Flow
$189.6 million
Enterprise Platform Customer Adds
437
Share Repurchases
2 million shares for $60 million (Q3); 8.3 million shares for $300 million since Nov 2023
Earnings Call Recording
Other Earnings Calls

Management

Dr. Amit Yoran Ph.D.
Chairman, President, CEO & Member of Public Sector Advisory Board
No Bio Available
Mr. John C. Huffard Jr.
Co-Founder & Director
No Bio Available
Mr. Stephen A. Vintz CPA
Chief Financial Officer
No Bio Available
Mr. Mark Thurmond
Chief Operating Officer
No Bio Available
Ms. Patricia Grant
Chief Information Officer
No Bio Available
Ms. Andrea DiMarco
Head of Investor Relations
No Bio Available
Ms. Michelle VonderHaar
Chief Legal Officer & Corporate Secretary
No Bio Available
Ms. Michela Stribling
Chief Communications Officer
No Bio Available
Mr. C. Matthew Olton
Senior Vice President of Corporate Development & Strategy
No Bio Available
Ms. Meg O'Leary
Chief Marketing Officer
No Bio Available

Contacts

Address
MARYLAND
Columbia
6100 Merriweather Drive
Contacts
+14108720555.0
www.tenable.com