Tenable Holdings Inc
NASDAQ:TENB
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Tenable Holdings Inc
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.
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.
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.