Tenable Holdings, Inc.TENBEarnings & Financial Report
Tenable Holdings, Inc. is a cybersecurity company based in Columbia, Maryland. Its vulnerability scanner software Nessus, developed in 1998, is one of the most widely deployed vulnerability assessment solutions in the cybersecurity industry. As of December 31, 2023, the company had approximately 44,000 customers, including 65% of the Fortune 500.
Revenue
$260.5M
Gross Profit
$205.2M
Operating Profit
$8.9M
Net Profit
$-737.0K
Gross Margin
78.8%
Operating Margin
3.4%
Net Margin
-0.3%
YoY Growth
10.5%
EPS
$-0.01
Tenable Holdings, Inc. Q4 FY2025 Financial Summary
Tenable Holdings, Inc. reported revenue of $260.5M (up 10.5% YoY) for Q4 FY2025, with a net profit of $-737.0K (down 139.5% YoY) (-0.3% margin). Cost of goods sold was $55.3M, operating expenses totaled $196.4M.
Key Financial Metrics
| Total Revenue | $260.5M |
|---|---|
| Net Profit | $-737.0K |
| Gross Margin | 78.8% |
| Operating Margin | 3.4% |
| Report Period | Q4 FY2025 |
Revenue Breakdown
Tenable Holdings, Inc. Q4 FY2025 revenue of $260.5M breaks down across 3 segments, led by Subscription And Circulation at $238.9M (91.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Subscription And Circulation | $238.9M | 91.7% |
| Other | $11.0M | 4.2% |
| License And Maintenance | $10.6M | 4.1% |
Tenable Holdings, Inc. Revenue by Segment — Quarterly Trend
Tenable Holdings, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Subscription And Circulation and Other) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Subscription And Circulation | — | $238.9M | $232.2M | $228.0M |
| Other | $8.7M | $11.0M | — | — |
| License And Maintenance | — | $10.6M | $11.1M | $11.4M |
Tenable Holdings, Inc. Annual Revenue by Year
Tenable Holdings, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $999.4M).
| Year | Annual Revenue |
|---|---|
| 2025 | $999.4M |
| 2024 | $900.0M |
Tenable Holdings, Inc. Quarterly Revenue & Net Profit History
Tenable Holdings, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $262.1M | +9.6% | $1.4M | 0.5% |
| Q4 FY2025 | $260.5M | +10.5% | $-737.0K | -0.3% |
| Q3 FY2025 | $252.4M | +11.2% | $2.3M | 0.9% |
| Q2 FY2025 | $247.3M | +11.8% | $-14.7M | -5.9% |
| Q1 FY2025 | $239.1M | +10.7% | $-22.9M | -9.6% |
| Q4 FY2024 | $235.7M | +10.5% | $1.9M | 0.8% |
| Q3 FY2024 | $227.1M | +12.7% | $-9.2M | -4.1% |
| Q2 FY2024 | $221.2M | +13.4% | $-14.6M | -6.6% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $221.2M | $227.1M | $235.7M | $239.1M | $247.3M | $252.4M | $260.5M | $262.1M |
| YoY Growth | 13.4% | 12.7% | 10.5% | 10.7% | 11.8% | 11.2% | 10.5% | 9.6% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.58B | $1.63B | $1.74B | $1.69B | $1.66B | $1.65B | $1.75B | $1.62B |
| Liabilities | $1.21B | $1.23B | $1.34B | $1.31B | $1.31B | $1.31B | $1.42B | $1.37B |
| Equity | $363.6M | $404.6M | $400.0M | $383.2M | $350.7M | $344.4M | $326.4M | $248.2M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $31.4M | $54.6M | $81.1M | $87.4M | $42.5M | $53.9M | $83.0M | $88.0M |