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Tenable Holdings, Inc. TENB R2K

Technology · Software - Infrastructure · United States
https://www.tenable.com

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.

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$28.23
-12.38% 1Y

Market & Price

Market Cap
$3.11B
Current Price
$28.23
High / Low (52W)
$35.46 / $16.04
Beta
0.88

Valuation

Stock P/E
-
Industry PE
32.74
Forward P/E
13.00
PEG Ratio
0.99
Book Value
$2.75
Price to Book
10.25
P/S
3.04
EV/EBITDA
78.31
Dividend Yield
-

Profitability & Returns

ROCE
0.59%
ROE
-3.73%
ROA
1.17%
Profit Margin
-1.15%
Op Margin
4.27%
EPS (Latest Qtr)
$0.01
EPS (TTM)
$-0.10

Balance Sheet & Liquidity

Debt/Equity
1.70
Quick Ratio
0.70
Current Ratio
0.85
Debt
$421.80M
Total Assets
$1.75B
Current Assets
$773.58M
Working Capital
$-39.37M

Ownership

Promoter Holding
2.39%
Chg in Prom Hold
-
FII / Inst Holding
112.88%
Chg in FII Hold
0.03%

Financial Snapshot

Enterprise Value
$3.17B
Total Revenue (TTM)
$1.02B
EBITDA
$40.53M
Free Cash Flow
$255.80M
Operating Cash Flow
$267.31M
Shares Outstanding
110.27M
Gross Margin
78.17%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
13.52%
Profit 5Y
20.28%
Revenue (YoY)
9.60%
Earnings (YoY)
-

PROS

  • Compounding revenue at 13.5% over 5 years.
  • Profit CAGR of 20.3% over 5 years.
  • Generates positive free cash flow.

CONS

  • In a downtrend (50-DMA below 200-DMA).
  • RSI at 75 suggests overbought conditions.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Technology).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 TENB Tenable Holdings, Inc. R2K 28.23 - $3.11B - 0.59% -3.73% 13.52% 20.28%
2 NVDA NVIDIA Corporation NDXSPXAI 211.14 32.38 $5.11T 0.47% 81.14% 114.29% 100.05% 201.80%
3 AAPL Apple Inc. NDXSPX 312.06 37.73 $4.58T 0.35% 68.72% 141.47% 1.81% 3.92%
4 MSFT Microsoft Corporation NDXSPXAI 450.24 26.82 $3.34T 0.81% 26.37% 34.01% 12.42% 11.87%
5 TSM Taiwan Semiconductor Manufacturing Company Limited AI 418.45 35.86 $2.17T 0.91% 32.04% 36.21% 18.94% 19.57%
6 MU Micron Technology, Inc. NDXSPXAI 971.00 45.87 $1.10T 0.06% 14.20% 39.82% 6.71% -0.57%
7 AMD Advanced Micro Devices, Inc. NDXSPXAI 516.10 172.61 $841.55B - 6.33% 8.06% 13.64% 48.64%
8 ORCL Oracle Corporation SPXAI 225.78 40.46 $649.35B 0.89% 13.07% 57.57% 10.59% 22.81%
9 ASML ASML Holding N.V. NDXAI 1,612.76 53.76 $621.59B 0.54% 43.81% 52.24% 15.55% 19.55%
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Quarterly Results

Figures in USD.

Metric Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue 40.48M44.15M48.98M54.12M59.11M63.59M69.44M75.22M80.30M85.38M91.85M97.05M102.65M107.21M112.28M118.08M123.19M130.26M138.66M159.37M164.34M174.85M188.84M195.04M201.53M215.96M221.24M227.09M239.14M247.29M252.44M260.53M262.06M
Cost of Revenue ----------------------------52.46M54.43M56.75M55.29M56.67M
Gross Profit 36.04M38.80M41.56M45.74M50.38M53.71M57.28M62.82M67.08M71.47M76.61M78.62M83.95M88.07M92.89M97.77M101.12M103.83M111.60M124.44M128.30M136.27M143.33M151.52M155.78M167.03M172.44M176.59M186.68M192.86M195.69M205.24M205.39M
Operating Expenses ----------------------------204.39M200.31M188.55M193.28M194.19M
Operating Income -8.75M-9.23M-11.16M-11.62M-15.45M-16.45M-21.10M-19.59M-22.68M-22.23M-18.33M-27.55M-21.67M-10.56M-3.46M-731.00K-5.80M-11.88M-11.22M-17.55M-23.22M-12.96M-19.16M-10.74M-7.91M-8.93M-8.82M-2.08M-17.71M-7.45M7.14M11.97M11.19M
EBITDA -----------------------------2.46M7.48M21.16M21.25M21.73M
Interest Expense ----------------------------7.01M7.14M7.21M7.06M6.41M
Pretax Income -----------------------------19.32M-10.48M2.81M4.06M5.09M
Tax Provision ----------------------------3.61M4.22M550.00K4.80M3.67M
Net Income -8.83M-9.21M-11.31M-11.67M-15.89M-17.15M-20.87M-19.61M-21.44M-21.63M-17.64M-38.30M-22.98M-11.96M-5.86M-1.94M-7.75M-11.64M-16.25M-24.51M-27.50M-18.73M-25.10M-15.97M-15.56M-14.39M-14.57M-9.21M-22.93M-14.71M2.26M-737.00K1.41M
Diluted EPS --------------0.12-0.06--0.07-0.11-0.15-0.22-0.25-0.17-0.22-0.14-0.13-0.12-0.12-0.08-0.19-0.120.02-0.010.01
R&D Expense 12.46M13.71M15.87M15.63M17.18M17.79M20.55M21.17M21.93M21.70M20.76M22.67M26.83M25.31M25.13M24.42M26.84M28.20M30.68M34.29M36.23M36.13M38.18M37.84M37.05M43.73M45.15M48.02M53.22M59.24M56.27M-55.76M

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue 124.37M187.73M267.36M354.59M440.22M-683.19M798.71M900.02M999.40M
Cost of Revenue ------154.79M183.58M199.67M218.94M
Gross Profit 110.15M162.14M224.19M293.77M362.67M-528.40M615.13M700.35M780.47M
Operating Expenses ------596.22M662.79M701.14M786.52M
Operating Income -35.83M-40.76M-72.58M-90.80M-36.43M--67.81M-47.66M-786.00K-6.05M
EBITDA -------44.09M-8.95M46.24M47.44M
Interest Expense ------19.00M31.34M31.92M28.42M
Pretax Income -------85.29M-67.40M-18.89M-22.93M
Tax Provision ------6.93M10.88M17.41M13.19M
Net Income -37.21M-41.02M-73.52M-99.01M-42.73M--92.22M-78.28M-36.30M-36.12M
Diluted EPS ----1.03-0.42--0.83-0.68-0.31-0.30
R&D Expense 40.09M57.67M76.70M87.06M101.69M116.43M143.56M153.16M181.62M223.67M

Compounded Sales Growth

5 Years:13.52%
1 Year:9.60%

Compounded Profit Growth

5 Years:20.28%
1 Year:-

Stock Price Performance

1 Year:-12.38%
6 Months:+6.41%
3 Months:+46.80%
1 Month:+31.49%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --164.34M460.61M558.61M690.59M-1.44B1.61B1.74B1.75B
Current Assets -------857.17M805.47M940.75M773.58M
Cash & Equivalents --27.21M165.12M74.36M178.22M-300.87M237.13M328.65M187.76M
Inventory -----------
Receivables -------187.34M220.06M258.73M279.15M
Total Liabilities --258.27M338.85M459.71M539.92M-1.17B1.26B1.34B1.42B
Current Liabilities --180.35M254.30M327.64M374.90M-584.16M675.84M738.09M812.95M
Long Term Debt -------361.97M359.28M356.70M354.21M
Total Debt -------420.40M413.31M419.73M414.68M
Total Equity -266.86M-301.92M-371.67M121.76M98.91M150.66M-270.87M346.34M399.95M326.38M
Shares Outstanding -------113.06M117.50M122.37M129.05M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow -2.79M-6.27M-2.56M-10.74M64.23M-131.15M149.85M217.48M266.75M
Investing Cash Flow -7.85M-2.75M-123.22M-113.05M4.08M--128.04M-212.62M-41.43M-174.58M
Financing Cash Flow 1.36M2.09M264.75M34.16M36.40M-23.32M1.25M-79.40M-234.09M
Capital Expenditure -5.78M-2.75M-5.73M-20.67M-18.88M--19.15M-8.76M-10.70M-16.58M
Free Cash Flow -8.56M-9.02M-8.29M-31.42M45.35M-112.00M141.10M206.78M250.17M
Net Change in Cash ------26.43M-61.51M96.64M-141.92M
Share Buybacks 85.00K385.00K75.00K000014.93M99.98M247.47M

Ratios (Annual)

Figures in %.

Metric Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % 88.6%86.4%83.9%82.8%82.4%-77.3%77.0%77.8%78.1%
Operating Margin % -28.8%-21.7%-27.1%-25.6%-8.3%--9.9%-6.0%-0.1%-0.6%
Net Margin % -29.9%-21.9%-27.5%-27.9%-9.7%--13.5%-9.8%-4.0%-3.6%
ROE % 12.3%11.0%-60.4%-100.1%-28.4%--34.0%-22.6%-9.1%-11.1%
ROCE % -254.6%-35.2%-39.3%-11.5%--7.9%-5.1%-0.1%-0.6%

Shareholding Pattern

Insiders
2.39%
Institutions
112.88%
Public Float
115.65%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 12.24% 13.50M $381.03M
2 Vanguard Portfolio Management LLC 8.74% 9.63M $271.94M
3 Ameriprise Financial, Inc. 7.71% 8.50M $239.94M
4 Vanguard Capital Management LLC 4.85% 5.35M $150.96M
5 Shapiro Capital Management LLC 3.76% 4.15M $117.16M
6 Arrowstreet Capital, Limited Partnership 3.38% 3.73M $105.36M
7 FMR, LLC 3.24% 3.57M $100.80M
8 Penserra Capital Management LLC 3.07% 3.39M $95.66M
9 State Street Corporation 2.80% 3.09M $87.09M
10 Geode Capital Management, LLC 2.65% 2.92M $82.56M

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