Tenable Holdings, Inc. TENB

33.49 (2.39) (6.66%) as of 25 Sep
Market cap
$4.0B
P/E
631×
Growth Flags show if company had growth for consecutive years,
Insider Buys alert about insiders buying in the last 12 month

Insider Decisions

Total buys 0.62
Total sells 3.09
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — 2 — — 1 — — — —
Sell 1 — 1 — — — — — — — 3 —
Insider Ownership 2.08%

Capital & Financial Ratios

Market Cap 3,950.00
Revenue 1,043.54
Net Income 6.74
Free Cash Flow 254.33
Net Debt 54.77
Current Ratio 0.79
Debt/Equity 1.78
P/E ratio 631.07
P/S ratio 3.56
P/B ratio 18.70
Past 5Y EPS Growth 21.59%
This Y EPS Growth 24.64%
Next Y EPS Growth 9.67%
Next 5Y EPS Growth 15.22%
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2018 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 474 577 402 298
Receivables 220 259 279 204
Inventory — — — —
Other — — — —
805 941 774 609
2023 2024 2025 Q'26
Payables 17 20 22 28
ST’ Debt — — — —
Other 6 5 5 5
676 738 813 775
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — 17.82% 13.52%
Cash Flow — 32.94% 26.70%
Earnings — 0.00% 0.00%
Book Value — 16.72% 6.41%

Revenue

Mar Jun Sep Dec Year
’26 262 269 — — —
’25 239 247 252 261 999
’24 216 221 227 236 900
’23 189 195 202 213 799
’22 159 164 175 185 683
’21 123 130 139 149 541
’20 103 107 112 118 440
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 88 45 — — —
’25 87 42 54 83 267
’24 50 31 55 81 217
’23 39 30 42 39 150
’22 33 31 36 32 131
’21 39 17 20 22 97
’20 4 17 25 18 64
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 83 39 — — —
’25 80 37 52 81 250
’24 47 29 53 78 207
’23 37 28 40 36 141
’22 28 26 32 27 112
’21 38 15 18 19 90
’20 4 7 17 17 44
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 0.01 0.03 — — —
’25 (0.19) (0.12) 0.02 (0.01) (0.30)
’24 (0.12) (0.12) (0.08) 0.02 (0.31)
’23 (0.22) (0.14) (0.13) (0.19) (0.68)
’22 (0.22) (0.25) (0.17) (0.19) (0.83)
’21 (0.07) (0.11) (0.15) (0.10) (0.44)
’20 (0.23) (0.12) (0.06) (0.02) (0.42)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

2.6
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
— — 20.00 20.29 16.28 35.32 28.80 33.85 35.25 23.46

Analyst estimates 2026–2028

Powerpack
Low Price
— — 39.38 36.26 56.99 58.45 63.61 49.77 53.50 45.44
High Price
— 1,054 1,252 1,477 1,367 1,617 1,900 1,999 1,872 1,995
Employees
0 0 0 0 0 0 0 0 0 1
Revenue/Emp
124 188 267 355 440 541 683 799 900 999
Revenue
88.57% 86.37% 83.85% 82.85% 82.38% 80.34% 77.34% 77.02% 77.82% 78.09%
Gross Margin
(36) (41) (71) (86) (37) (51) (85) (67) (19) (23)
EBT
(29.24%) (21.76%) (26.61%) (24.15%) (8.42%) (9.36%) (12.48%) (8.44%) (2.10%) (2.29%)
EBT Margin
(37) (41) (74) (99) (43) (47) (92) (78) (36) (36)
Net Income
3 5 6 7 11 18 22 20 27 40
Depreciation
5.93 8.45 4.98 3.69 4.36 5.09 6.14 6.92 7.58 8.32
Revenue/Sh
(1.77) (1.85) (1.38) (1.03) (0.42) (0.44) (0.83) (0.68) (0.31) (0.30)
Earnings/Sh
(0.13) (0.28) (0.05) (0.11) 0.64 0.91 1.18 1.30 1.83 2.22
Cash Flow/Sh
(0.28) (0.12) (0.11) (0.22) (0.20) (0.06) (0.17) (0.08) (0.09) (0.14)
Capex/Sh
(0.41) (0.41) (0.15) (0.33) 0.44 0.85 1.01 1.22 1.74 2.08
Free CF/Sh
(14.39) (16.73) 2.27 1.03 1.49 2.02 2.43 3.00 3.37 2.72
Book Value/Sh
21 22 54 96 101 106 111 115 119 120
Shares
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PE Ratio
3.33 3.33 4.45 6.49 11.99 10.83 6.18 6.35 5.20 2.83
PS Ratio
0.00 0.00 9.78 23.26 35.04 27.21 15.58 14.65 11.70 8.66
PB Ratio
3.22 3.22 3.42 6.00 11.45 10.55 5.87 6.21 4.95 2.78
EV/Sales
(64.69) (64.69) (110.19) (67.76) 114.71 63.31 35.83 35.15 21.56 11.11
EV/FCF
(3) (6) (3) (11) 64 97 131 150 217 267
Op' Cash Flow
(6) (3) (6) (21) (20) (7) (19) (9) (11) (17)
Capex
(9) (9) (8) (31) 44 90 112 141 207 250
FCF
(19) (69) 142 35 109 266 273 130 203 (39)
Working Cap'
1 3 6 41 55 365 362 359 357 354
Total Debt
(33) (24) (277) (171) (237) (148) (205) (115) (220) (48)
Net Debt
(302) (372) 122 99 151 215 271 346 400 326
Sh' Equity
(28.14%) (30.97%) (23.67%) (19.43%) (6.84%) (4.81%) (6.86%) (5.14%) (2.17%) (2.07%)
ROA
0.00% 0.00% 0.00% 0.00% 0.00% (38.53%) (64.81%) (14.07%) (2.39%) (2.06%)
ROIC
11.27% 12.41% 59.19% (89.74%) (34.24%) (25.51%) (37.94%) (25.37%) (9.73%) (9.95%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Tenable Holdings, Inc. peers in Software Infrastructure

Company Market cap P/E Compare
DLO DLocal Limited $3.9B 20.1× Compare
PAY Paymentus Holdings, Inc. $3.9B 45.0× Compare
BOX Box, Inc. $4.4B 43.6× Compare
RELY Remitly Global, Inc. $4.5B 14.8× Compare
Company Market cap P/E Compare
INFQ Infleqtion, Inc. $3.2B 0.0× Compare
WIX Wix.com Ltd. $3.2B 0.0× Compare
ACIW ACI Worldwide, Inc. $5.0B 22.5× Compare
TCGL TechCreate Group Ltd. $3.1B — Compare

All 173 Software Infrastructure stocks →

Tenable Holdings, Inc. (TENB) key facts

  • Tenable Holdings, Inc. (TENB) is a Software Infrastructure company in the Technology sector, listed on Nasdaq.
  • Tenable Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $999.4 million, up 11.0% from fiscal 2024.
  • Tenable Holdings, Inc. reported a net loss of $36.1 million, or a loss of $0.30 per share, for fiscal 2025.
  • As of September 25, 2026, TENB traded at $33.49, a market capitalization of $4.0 billion.
  • At that price the stock trades at 631× trailing-twelve-month earnings and 3.6× sales.
  • Return on equity was −9.95% and debt-to-equity 1.78.

Source: company filings (standardised) and stockrow calculations.

Tenable Holdings, Inc. (TENB) Latest News

News by impact score

Fine-tune

10 Sep

3

Tenable Holdings priced an upsized $725 million offering of convertible senior notes. Convertible notes issuance supplies substantial capital while creating dilution risk that can affect share price and leverage.

3

Tenable Holdings, Inc. (TENB) ranks number one in device vulnerability and exposure management for the eighth consecutive year. Sustained number-one ranking reinforces existing market position in cybersecurity but does not alter company trajectory.

3

Tenable Holdings announced a $650 million convertible notes offering, triggering a 7% decline in its shares. Convertible notes raise capital with dilution risk and immediate share price pressure but do not alter long-term operations.

3

Tenable Holdings, Inc. announces a proposed private placement of $650 million convertible senior notes. Issuance of $650 million convertible notes supplies growth capital but creates potential share dilution and interest obligations.

8 Sep

3

Tenable Holdings will integrate Claude Mythos 5 into the Tenable One Exposure Management Platform. AI model integration into core platform may improve features and positioning but remains incremental.

3 Sep

3

Tenable Holdings integrates OpenAI GPT cyber models to enable inspection of community-built AI components by defenders. Tenable's OpenAI integration adds AI security inspection capabilities with moderate effects on product positioning.

31 Aug

3

Tenable joins White House-led Project Watershed to bolster U.S. water systems cybersecurity. Government project involvement may generate incremental government-sector opportunities in critical infrastructure cybersecurity.

28 Aug

3

Tenable Holdings (TENB) stock rose 15.6% since the last earnings report, driven by positive investor reaction to recent results and market conditions. Post-earnings stock gains reflect moderate influence on near-term sentiment without indicating major strategic shifts.

27 Aug

3

SentinelOne releases new cyber risk research that signals its strategic direction in cybersecurity. Competitor SentinelOne's research may moderately shift market positioning versus Tenable.

3

Tenable Holdings stock rose on Thursday on positive developments driving investor interest. Stock price increase signals moderate short-term positive market reaction without indicating fundamental long-term shifts.

26 Aug

3

Tenable Holdings (TENB) shares rose 8% in after-hours trading. After-hours stock gain signals short-term positive sentiment without evidence of major strategic or operational shifts.

3

Tenable Holdings, Inc. (TENB) will join the S&P SmallCap 600 index. Index inclusion typically drives higher institutional share demand and short-term price movement for TENB.

3

SentinelOne and Tenable report cyber attackers routinely target edge-device vendor ecosystems rather than individual vulnerabilities. Joint research highlights Tenable expertise in ecosystem threats and may improve market positioning.

8 Aug

4

Tenable widens its AI security offerings while achieving initial profitability. AI expansion paired with first profits signals major strategic advance likely to lift valuation and competitive stance.

7 Aug

4 transcript

Tenable Holdings reported Q2 2026 results and outlook during its earnings conference call. Quarterly earnings and forward guidance directly shape revenue projections and stock valuation.

4 Aug

4

Tenable advances exposure management with coverage across every major AI platform and developer tool. Coverage expansion across major AI platforms and developer tools strengthens Tenable's competitive positioning in cybersecurity.

4

Tenable Holdings launches the industry’s first open-source AI agent exchange to advance collective cyber innovation and defense. Pioneering open-source AI exchange launch strengthens Tenable's core cybersecurity positioning and growth trajectory.

3 Aug

3

Tenable Holdings stock rose 40% in 2026 but trades at a lower valuation than CrowdStrike and Palo Alto Networks. Positive valuation comparison to peers may lift short-term investor sentiment toward TENB without altering core operations.

30 Jul

4

TENB Q2 earnings beat expectations on Tenable One momentum and prompted a raised outlook. Earnings beat plus raised outlook signals stronger growth and lifts investor sentiment.

4 transcript

Tenable Holdings Inc (TENB) reported record platform adoption in its Q2 2026 earnings call, reflecting strong demand for its cybersecurity solutions and continued business expansion. Record platform adoption points to major revenue growth and strengthened market position for Tenable.

3 transcript

Tenable Holdings, Inc. Q2 2026 earnings call summary covers company performance and outlook. Earnings call reveals key financial metrics and guidance affecting investor views.

29 Jul

4 transcript

Tenable Holdings reported Q2 revenue growth, expanded platform adoption, new customer wins, and raised guidance during its earnings call. Q2 results and guidance directly influence revenue trajectory, investor sentiment, and valuation multiples.

4

Tenable Holdings reported second quarter 2026 financial results. Quarterly earnings releases typically drive major stock moves via revenue and guidance details.

3

Tenable Holdings reported Q2 earnings with key metrics compared to analyst estimates. Q2 earnings metrics versus estimates can shift near-term investor sentiment and valuation for TENB.

3

Tenable Holdings exceeded Q2 earnings and revenue estimates. Quarterly earnings beats typically lift near-term stock sentiment and valuation multiples without shifting long-term strategy.

3

Tenable Holdings exceeded Q2 CY2026 expectations. Beating quarterly expectations can lift near-term investor sentiment and stock performance.

3

Tenable Holdings enhances its exposure platform with AI capabilities to strengthen unified risk visibility and competitive positioning in cybersecurity. AI platform upgrades represent product innovation with moderately noticeable effects on operations and market positioning but limited overall trajectory shift.

28 Jul

4

Tenable Holdings, Inc. (TENB) launches Always On Hexa AI for autonomous exposure remediation. Launch of Always On Hexa AI marks a significant product innovation in Tenable's core cybersecurity operations.

3

Tenable Holdings (TENB) may be fully priced ahead of earnings with ongoing AI rollout efforts. Earnings scrutiny combined with AI rollout points to moderate influence on TENB valuation and trajectory.

3

Tenable Holdings, Inc. (TENB) is scheduled to report earnings tomorrow. Upcoming earnings release may move stock price and investor views in the short term.

stockrow.com/TENB · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com