Cybersecurity firm Tenable's Q3 revenue beats estimates

Tenable Holdings

29/10/2025 20:39

Overview

Tenable Q3 revenue grows 11% yr/yr, beating analyst expectations

Adjusted EPS for Q3 beats consensus, driven by demand for Tenable One platform

Company repurchased 2 mln shares for $60 mln, indicating confidence in market position

Outlook

Tenable expects Q4 revenue between $249.1 mln and $253.1 mln

Company forecasts full-year revenue of $988.0 mln to $992.0 mln

Tenable anticipates 2025 calculated current billings of $1.040 bln to $1.048 bln

Result Drivers

DEMAND FOR PLATFORM - Strong demand for Tenable One Exposure Management platform drove better-than-expected Q3 results, per Co-CEO Steve Vintz

INDUSTRY SHIFT - Co-CEO Mark Thurmond attributes growth to industry shift towards preemptive cybersecurity approaches

CUSTOMER TRUST - Enterprises increasingly trust Tenable's platform for proactive risk management, according to Co-CEO Mark Thurmond

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$252.44 mln
$247.30 mln (21 Analysts)
Q3 Net Income
$2.26 mln
Q3 Gross Profit
$195.68 mln
Q3 Operating Expenses
$188.55 mln
Q3 Operating Income
$7.13 mln
Q3 Pretax Profit
$2.81 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 11 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for Tenable Holdings Inc is $40.00, about 24.1% above its October 28 closing price of $30.35

The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 21 three months ago

Press Release: ID:nGNX3DBqpp

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)