Tenable Holdings, Inc. provides cyber exposure management solutions in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. Its platforms include Tenable AI Exposure, a solution that helps organizations identify, assess, and reduce security risks associated with the use of artificial intelligence technologies; Tenable Vulnerability Management, a cloud-delivered software as a service that provides organizations with a risk-based view of traditional and modern attack surfaces; Tenable Cloud Security, a cloud security solution for use in exposing and closing priority security gaps caused by misconfigurations, risky entitlements, and vulnerabilities; Tenable Identity Exposure, a solution for end-to-end protection from identity-based threats; and Tenable Web App Scanning, which provides configuration and management of web app scans. The company also provides Tenable Attack Surface Management, an external attack surface management solution; Tenable Security Center, an on-premises vulnerability management solution; and Tenable OT Security, a unified security solution for converged OT/IoT environments that provide threat detection, asset tracking, vulnerability management, and configuration control capabilities to protect OT environments, including industrial networks. In addition, it offers Nessus, a vulnerability assessment solution for cybersecurity industry and enterprise platform; and Nessus Expert, which enables users to programmatically detect cloud infrastructure misconfigurations and vulnerabilities in the design and build phase of the software development lifecycle. Tenable Holdings, Inc. was founded in 2002 and is headquartered in Columbia, Maryland.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $999M | $47M | $-36M | $250M | -11.1% | 11.0% | -0.5% |
| 2024 | $900M | $46M | $-36M | $207M | -9.1% | 12.7% | -53.6% |
| 2023 | $799M | $-9M | $-78M | $141M | -22.6% | 16.9% | -15.1% |
| 2022 | $683M | $-44M | $-92M | $112M | -34.0% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 683.19 | 798.71 | 900.02 | 999.40 |
| Operating Revenue | - | 683.19 | 798.71 | 900.02 | 999.40 |
| Cost Of Revenue | - | 154.79 | 183.58 | 199.67 | 218.94 |
| Gross Profit | - | 528.40 | 615.13 | 700.35 | 780.47 |
| Operating Expense | - | 596.22 | 662.79 | 701.14 | 786.52 |
| Research And Development | - | 143.56 | 153.16 | 181.62 | 223.67 |
| Selling General And Administration | - | 452.66 | 509.63 | 519.52 | 562.85 |
| Total Expenses | - | 751.01 | 846.37 | 900.81 | 1,005.46 |
| Operating Income | - | -67.82 | -47.66 | -0.79 | -6.06 |
| Total Operating Income As Reported | - | -67.82 | -52.16 | -6.86 | -9.17 |
| EBITDA | - | -44.09 | -8.95 | 46.24 | 47.44 |
| Normalized EBITDA | - | -44.09 | -4.46 | 52.31 | 50.55 |
| EBIT | - | -66.29 | -36.06 | 13.03 | 5.49 |
| Interest Income | - | 6.28 | 24.70 | 23.32 | 15.99 |
| Interest Expense | - | 19 | 31.34 | 31.92 | 28.42 |
| Net Interest Income | - | -12.72 | -6.64 | -8.60 | -12.43 |
| Other Non Operating Income Expenses | - | -4.76 | -8.60 | -3.44 | -1.34 |
| Other Income Expense | - | -4.76 | -13.10 | -9.51 | -4.45 |
| Interest Income Non Operating | - | 6.28 | 24.70 | 23.32 | 15.99 |
| Interest Expense Non Operating | - | 19 | 31.34 | 31.92 | 28.42 |
| Net Non Operating Interest Income Expense | - | -12.72 | -6.64 | -8.60 | -12.43 |
| Pretax Income | - | -85.29 | -67.40 | -18.89 | -22.93 |
| Tax Provision | - | 6.93 | 10.88 | 17.42 | 13.18 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | -0.94 | -1.27 | -0.65 |
| Net Income Continuous Operations | - | -92.22 | -78.28 | -36.30 | -36.12 |
| Net Income From Continuing And Discontinued Operation | - | -92.22 | -78.28 | -36.30 | -36.12 |
| Net Income From Continuing Operation Net Minority Interest | - | -92.22 | -78.28 | -36.30 | -36.12 |
| Net Income | - | -92.22 | -78.28 | -36.30 | -36.12 |
| Net Income Common Stockholders | - | -92.22 | -78.28 | -36.30 | -36.12 |
| Net Income Including Noncontrolling Interests | - | -92.22 | -78.28 | -36.30 | -36.12 |
| Normalized Income | - | -92.22 | -74.73 | -31.51 | -33.66 |
| Diluted NI Availto Com Stockholders | - | -92.22 | -78.28 | -36.30 | -36.12 |
| Basic Average Shares | - | 111.32 | 115.41 | 118.79 | 120.12 |
| Diluted Average Shares | - | 111.32 | 115.41 | 118.79 | 120.12 |
| Reconciled Depreciation | - | 22.19 | 27.11 | 33.21 | 41.96 |
| Reconciled Cost Of Revenue | - | 154.79 | 183.58 | 199.67 | 218.94 |
| Total Unusual Items | - | 0 | -4.50 | -6.07 | -3.11 |
| Total Unusual Items Excluding Goodwill | - | 0 | -4.50 | -6.07 | -3.11 |
| Special Income Charges | - | 0 | -4.50 | -6.07 | -3.11 |
| Restructuring And Mergern Acquisition | - | 0 | 4.50 | 6.07 | 3.11 |
| General And Administrative Expense | - | 103.23 | 116.18 | 124.13 | 145.90 |
| Other Gand A | - | 103.23 | 116.18 | 124.13 | 145.90 |
| Total Other Finance Cost | 6.90 | - | - | - | - |
| Selling And Marketing Expense | - | 349.43 | 393.45 | 395.38 | 416.95 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Tenable Holdings, Inc.this co. | TENB | $3.2B | -89.43 | 9.90 | -11.1% | 72.86 |
| SoundHound AI, Inc. | SOUN | $3.5B | -247.50 | 7.47 | -3.0% | 113.33 |
| Dave Inc. | DAVE | $3.3B | 16.99 | 9.43 | 55.5% | 18.23 |
| Webull Corporation | BULL | $3.2B | 130.96 | 3.19 | 2.4% | 49.51 |
| NextNav Inc. | NN | $3.2B | -17.01 |
| - |
| - |
| - |
| - |
| - |
| - |
| -37.32 |
| 219.5% |
| -55.41 |
| Ambarella, Inc. | AMBA | $3.2B | - | 5.31 | -12.8% | - |
| Bel Fuse Inc. | BELFA | $3.1B | 51.01 | 7.38 | 14.5% | 24.22 |
| Fastly, Inc. | FSLY | $3.1B | -25.61 | 3.35 | -13.1% | -117.52 |
| Ouster, Inc. | OUST | $3.0B | - | 11.46 | -23.1% | - |
| Peer Median | - | -0.01 | 6.35 | -0.3% | 21.22 | |