Tenable Holdings, Inc. TENB R2K
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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Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
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
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
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).
| # | Name | CMP $ | P/E | Mkt Cap | Div 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% |
Quarterly Results
Figures in USD.
| Metric | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 40.48M | 44.15M | 48.98M | 54.12M | 59.11M | 63.59M | 69.44M | 75.22M | 80.30M | 85.38M | 91.85M | 97.05M | 102.65M | 107.21M | 112.28M | 118.08M | 123.19M | 130.26M | 138.66M | 159.37M | 164.34M | 174.85M | 188.84M | 195.04M | 201.53M | 215.96M | 221.24M | 227.09M | 239.14M | 247.29M | 252.44M | 260.53M | 262.06M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 52.46M | 54.43M | 56.75M | 55.29M | 56.67M |
| Gross Profit | 36.04M | 38.80M | 41.56M | 45.74M | 50.38M | 53.71M | 57.28M | 62.82M | 67.08M | 71.47M | 76.61M | 78.62M | 83.95M | 88.07M | 92.89M | 97.77M | 101.12M | 103.83M | 111.60M | 124.44M | 128.30M | 136.27M | 143.33M | 151.52M | 155.78M | 167.03M | 172.44M | 176.59M | 186.68M | 192.86M | 195.69M | 205.24M | 205.39M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 204.39M | 200.31M | 188.55M | 193.28M | 194.19M |
| 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 | -7.45M | 7.14M | 11.97M | 11.19M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -2.46M | 7.48M | 21.16M | 21.25M | 21.73M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 7.01M | 7.14M | 7.21M | 7.06M | 6.41M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -19.32M | -10.48M | 2.81M | 4.06M | 5.09M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.61M | 4.22M | 550.00K | 4.80M | 3.67M |
| 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 | -14.71M | 2.26M | -737.00K | 1.41M |
| 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 | -0.12 | 0.02 | -0.01 | 0.01 |
| R&D Expense | 12.46M | 13.71M | 15.87M | 15.63M | 17.18M | 17.79M | 20.55M | 21.17M | 21.93M | 21.70M | 20.76M | 22.67M | 26.83M | 25.31M | 25.13M | 24.42M | 26.84M | 28.20M | 30.68M | 34.29M | 36.23M | 36.13M | 38.18M | 37.84M | 37.05M | 43.73M | 45.15M | 48.02M | 53.22M | 59.24M | 56.27M | - | 55.76M |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 124.37M | 187.73M | 267.36M | 354.59M | 440.22M | - | 683.19M | 798.71M | 900.02M | 999.40M |
| Cost of Revenue | - | - | - | - | - | - | 154.79M | 183.58M | 199.67M | 218.94M |
| Gross Profit | 110.15M | 162.14M | 224.19M | 293.77M | 362.67M | - | 528.40M | 615.13M | 700.35M | 780.47M |
| Operating Expenses | - | - | - | - | - | - | 596.22M | 662.79M | 701.14M | 786.52M |
| Operating Income | -35.83M | -40.76M | -72.58M | -90.80M | -36.43M | - | -67.81M | -47.66M | -786.00K | -6.05M |
| EBITDA | - | - | - | - | - | - | -44.09M | -8.95M | 46.24M | 47.44M |
| Interest Expense | - | - | - | - | - | - | 19.00M | 31.34M | 31.92M | 28.42M |
| Pretax Income | - | - | - | - | - | - | -85.29M | -67.40M | -18.89M | -22.93M |
| Tax Provision | - | - | - | - | - | - | 6.93M | 10.88M | 17.41M | 13.19M |
| 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 | 40.09M | 57.67M | 76.70M | 87.06M | 101.69M | 116.43M | 143.56M | 153.16M | 181.62M | 223.67M |
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 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 164.34M | 460.61M | 558.61M | 690.59M | - | 1.44B | 1.61B | 1.74B | 1.75B |
| Current Assets | - | - | - | - | - | - | - | 857.17M | 805.47M | 940.75M | 773.58M |
| Cash & Equivalents | - | - | 27.21M | 165.12M | 74.36M | 178.22M | - | 300.87M | 237.13M | 328.65M | 187.76M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | - | - | - | 187.34M | 220.06M | 258.73M | 279.15M |
| Total Liabilities | - | - | 258.27M | 338.85M | 459.71M | 539.92M | - | 1.17B | 1.26B | 1.34B | 1.42B |
| Current Liabilities | - | - | 180.35M | 254.30M | 327.64M | 374.90M | - | 584.16M | 675.84M | 738.09M | 812.95M |
| Long Term Debt | - | - | - | - | - | - | - | 361.97M | 359.28M | 356.70M | 354.21M |
| Total Debt | - | - | - | - | - | - | - | 420.40M | 413.31M | 419.73M | 414.68M |
| Total Equity | -266.86M | -301.92M | -371.67M | 121.76M | 98.91M | 150.66M | - | 270.87M | 346.34M | 399.95M | 326.38M |
| Shares Outstanding | - | - | - | - | - | - | - | 113.06M | 117.50M | 122.37M | 129.05M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -2.79M | -6.27M | -2.56M | -10.74M | 64.23M | - | 131.15M | 149.85M | 217.48M | 266.75M |
| Investing Cash Flow | -7.85M | -2.75M | -123.22M | -113.05M | 4.08M | - | -128.04M | -212.62M | -41.43M | -174.58M |
| Financing Cash Flow | 1.36M | 2.09M | 264.75M | 34.16M | 36.40M | - | 23.32M | 1.25M | -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 | -31.42M | 45.35M | - | 112.00M | 141.10M | 206.78M | 250.17M |
| Net Change in Cash | - | - | - | - | - | - | 26.43M | -61.51M | 96.64M | -141.92M |
| Share Buybacks | 85.00K | 385.00K | 75.00K | 0 | 0 | 0 | 0 | 14.93M | 99.98M | 247.47M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 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
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 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 |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
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