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Tenable Holdings, Inc. TENB R2KAI

Technology · Software - Infrastructure · United States
https://www.tenable.com
Company Profile ↓
$42.65
+28.77% 1Y
Mkt Cap$4.70B
P/E-426.50
P/B12.37
52W High$42.65
52W Low$16.04
Book Value$2.17
EPS (TTM)$-0.10

Company Overview

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.

Why Investors Should Care

Steady Revenue Expansion

Revenue has grown at a 26.1% CAGR over the past five years.

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

  • Dec 2025 Revenue of $999.40M (+11.0% YoY); net profit $-36.12M.
  • Trailing 12 Months Year-on-year growth — revenue +9.6%.
  • 5-Year Trend Long-term compounding — revenue CAGR 26.1%.

Growth & Price Performance

Compounded Sales Growth

5 Years:26.05%
1 Year:9.60%

Stock Price Performance

1 Year:+28.77%
6 Months:+83.28%
3 Months:+144.97%
1 Month:+58.73%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

AI Exposure AI Cybersecurity Software / AI Exposure Management

Tenable provides cyber-exposure management and has launched AI-exposure tools that help organisations secure their use of AI.

Core Focus

Vulnerability and exposure management across IT, cloud, OT and now AI systems.

Key Initiatives
  • Tenable AI Exposure A solution that helps organisations identify, assess and reduce security risks from their use of AI.
  • Exposure-management platform Tenable One unifies vulnerability, cloud and identity exposure into one view.
  • AI-assisted security AI/ML helps prioritise the vulnerabilities that matter most.
Why Investors Should Care
  • Established vulnerability-management leader extending into securing-AI use.
  • Recurring SaaS revenue with strong retention.
  • Around break-even on a GAAP basis (slightly negative margin) but cash-generative.
  • Crowded cybersecurity market and competition are key risks.
AI InvestmentInvestment targets AI-exposure management and unifying the exposure platform.
AI RevenueRevenue is subscription-based; AI-exposure is an emerging product within the platform rather than a separate disclosed line.
ROI (Now)Customers reduce risk today via exposure management; AI-exposure is an early upsell.
ROI (Expected)Securing-AI-usage is a new growth vector as enterprises adopt AI broadly.

Curated from public filings and analyst commentary; figures are illustrative.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Compounding revenue at 26.1% over 5 years.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

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

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Valuation

Stock P/E
-426.50
Industry PE
36.02
Forward P/E
19.64
PEG Ratio
0.99
Book Value
$2.17
Price to Book
12.37
P/S
2.89
EV/EBITDA
74.42
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
26.05%
Profit 5Y
-
Revenue (YoY)
9.60%
Earnings (YoY)
-

Profitability & Returns

ROCE
-0.98%
ROE
-3.73%
ROA
1.17%
Profit Margin
-1.15%
Op Margin
4.27%
Gross Margin
78.17%
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
$1.62B
Current Assets
-
Working Capital
-

Ownership

Promoter Holding
1.35%
Chg in Prom Hold
0.00%
FII / Inst Holding
113.31%
Chg in FII Hold
-0.03%

Financial Snapshot

Enterprise Value
$4.70B
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%

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. R2KAI 42.65 -426.50 $4.70B 0.00% -0.98% -3.73% 26.05% -
2 NVDA NVIDIA Corporation NDXSPXAI 211.80 32.43 $5.13T 0.49% 74.66% 114.29% 24.64% 32.12%
3 AAPL Apple Inc. NDXSPX 314.86 38.07 $4.62T 0.37% 68.72% 141.47% 1.81% 3.92%
4 MSFT Microsoft Corporation NDXSPXAI 384.93 22.91 $2.86T 0.93% 26.90% 34.01% 9.48% 10.85%
5 TSM Taiwan Semiconductor Manufacturing Company Limited AI 420.39 36.18 $2.18T 0.90% 30.20% 36.21% 18.94% 19.57%
6 AVGO Broadcom Inc. NDXSPXAI 389.11 64.85 $1.85T 0.68% 16.70% 37.28% 24.38% 26.24%
7 MU Micron Technology, Inc. NDXSPXAI 983.12 46.37 $1.11T 0.06% 13.69% 39.82% 13.68% 26.02%
8 AMD Advanced Micro Devices, Inc. NDXSPXAI 548.13 181.50 $893.78B 0.00% 6.33% 8.06% 13.64% 48.64%
9 ASML ASML Holding N.V. NDXAI 1,775.64 59.55 $684.36B 0.47% 42.97% 52.24% 15.55% 19.55%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

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 2025Mar 2026
Revenue 40.48M44.15M48.98M54.12M59.11M63.59M69.44M75.22M80.30M85.38M91.85M97.05M102.65M107.21M112.28M118.08M123.19M130.26M138.66M159.37M164.34M174.85M188.84M195.04M201.53M215.96M221.24M227.09M239.14M247.29M252.44M262.06M
Gross Profit 36.04M38.80M41.56M45.74M50.38M53.71M57.28M62.82M67.08M71.47M76.61M78.62M83.95M88.07M92.89M97.77M101.12M103.83M111.60M124.44M128.30M136.27M143.33M151.52M155.78M167.03M172.44M176.59M186.68M192.86M195.69M205.39M
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-7.45M7.14M8.76M
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-14.71M2.26M1.41M
Diluted EPS --------------0.12-0.06--0.07-0.11-0.15-0.22-0.25-0.17-0.22-0.14-0.13-0.12-0.12-0.08-0.19-0.120.020.01
R&D Expense 12.46M13.71M15.87M15.63M17.18M17.79M20.55M21.17M21.93M21.70M20.76M22.67M26.83M25.31M25.13M24.42M26.84M28.20M30.68M34.29M36.23M36.13M38.18M37.84M37.05M43.73M45.15M48.02M53.22M59.24M56.27M55.76M

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue 124.37M187.73M267.36M354.59M440.22M541.13M683.19M798.71M900.02M999.40M
Gross Profit 110.15M162.14M224.19M293.77M362.67M434.73M528.40M615.13M700.35M780.47M
Operating Income -35.83M-40.76M-72.58M-90.80M-36.43M-41.77M-67.81M-52.16M-6.86M-9.17M
Net Income -37.21M-41.02M-73.52M-99.01M-42.73M-46.68M-92.22M-78.28M-36.30M-36.12M
Diluted EPS ----1.03-0.42-0.44-0.83-0.68-0.31-0.30
R&D Expense 40.09M57.67M76.70M87.06M101.69M116.43M143.56M153.16M181.62M223.67M

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --164.34M460.61M558.61M690.59M1.25B1.44B1.61B1.74B1.75B
Total Equity -266.86M-301.92M-371.67M121.76M98.91M150.66M215.31M270.87M346.34M399.95M326.38M
Cash & Equivalents --27.21M165.12M74.36M178.22M278.00M300.87M237.13M328.65M187.76M
Total Liabilities --258.27M338.85M459.71M539.92M1.03B1.17B1.26B1.34B1.42B
Current Liabilities --180.35M254.30M327.64M374.90M483.88M584.16M675.84M738.09M812.95M

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-10.74M64.23M96.77M131.15M149.85M217.48M266.75M
Investing Cash Flow -7.85M-2.75M-123.22M-113.05M4.08M-391.59M-128.04M-212.62M-41.43M-174.58M
Financing Cash Flow 1.36M2.09M264.75M34.16M36.40M397.65M23.32M1.25M-79.40M-234.09M
Capital Expenditure -5.78M-2.75M-5.73M-20.67M-18.88M-3.89M-9.36M-1.70M-4.25M-12.10M
Free Cash Flow -8.56M-9.02M-8.29M-31.42M45.35M92.88M121.79M148.15M213.23M254.65M
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%80.3%77.3%77.0%77.8%78.1%
Operating Margin % -28.8%-21.7%-27.1%-25.6%-8.3%-7.7%-9.9%-6.5%-0.8%-0.9%
Net Margin % -29.9%-21.9%-27.5%-27.9%-9.7%-8.6%-13.5%-9.8%-4.0%-3.6%
ROE % 12.3%11.0%-60.4%-100.1%-28.4%-21.7%-34.0%-22.6%-9.1%-11.1%
ROCE % -254.6%-35.2%-39.3%-11.5%-5.5%-7.9%-5.6%-0.7%-1.0%

Shareholding Pattern

Insiders
1.35%
Institutions
113.31%
Public Float
114.86%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 12.24% 13.50M $569.05M
2 Vanguard Portfolio Management LLC 8.74% 9.63M $406.13M
3 Ameriprise Financial, Inc. 7.71% 8.50M $358.34M
4 Vanguard Capital Management LLC 4.85% 5.35M $225.45M
5 Shapiro Capital Management LLC 3.76% 4.15M $174.97M
6 Arrowstreet Capital, Limited Partnership 3.38% 3.73M $157.35M
7 FMR, LLC 3.24% 3.57M $150.54M
8 Penserra Capital Management LLC 3.07% 3.39M $142.87M
9 State Street Corporation 2.80% 3.09M $130.07M
10 Geode Capital Management, LLC 2.65% 2.92M $123.31M

Analyst View

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Latest News

Recent headlines for TENB

Google News ue, 14 Jul 2026

Why Tenable Holdings (TENB) Stock Is Up Today - Quiver Quantitative

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Google News Fri, 10 Jul 2026

Tenable (TENB) Stock Sees Modest Fair Value Lift As AI Cybersecurity Optimism Builds - Yahoo Finance

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Google News Mon, 13 Jul 2026

TENB Maintained by TD Cowen -- Price Target Raised to $44.00 - GuruFocus

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Google News ue, 07 Jul 2026

Tenable Stock 6-Day Winning Spree: Stock Climbs 50% - Trefis

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Google News Fri, 26 Jun 2026

TENB Forecast — Price Target — Prediction for 2027 - TradingView

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TENB — Frequently Asked Questions

What is the current share price of Tenable Holdings, Inc. (TENB)?

As of 2026-07-14 21:23 PDT, Tenable Holdings, Inc. (TENB) trades at $42.65 on NasdaqGS. Its 52-week range is $16.04 to $42.65.

What is the market capitalisation of TENB?

Tenable Holdings, Inc. (TENB) has a market capitalisation of $4.70B on NasdaqGS.

What is the P/E ratio of TENB?

TENB trades at a trailing price-to-earnings (P/E) ratio of -426.50. The industry average P/E is 36.02. Its price-to-book (P/B) ratio is 12.37.

What is the return on equity (ROE) of TENB?

TENB has a return on equity (ROE) of -3.73%. Its return on capital employed (ROCE) is -0.98%.

Is TENB a good stock to buy?

This page provides a data-driven analysis of Tenable Holdings, Inc. (TENB), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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