Tenable beats Q4 revenue estimates, sets $150mln buyback

Tenable Holdings

04/02/2026 21:17

Overview

Exposure management firm's Q4 2025 revenue rose 11% yr/yr, beating analyst expectations

Company announced $150 mln increase to share repurchase authorization

Q4 non-GAAP net income rose to $57.3 mln from $50.7 mln in 2024

Outlook

Tenable expects Q1 2026 revenue between $257 mln and $260 mln

Company forecasts 2026 revenue between $1.065 bln and $1.075 bln

Tenable anticipates 2026 unlevered free cash flow of $285 mln to $295 mln

Result Drivers

PLATFORM ADOPTION - Tenable attributed revenue growth to strong adoption of Tenable One and AI integration, enhancing customer engagement

INDUSTRY RECOGNITION - Co highlighted its leadership in exposure management, recognized by major industry analyst firms

CUSTOMER INVESTMENT - Customers are investing in Tenable One for a unified security approach, contributing to revenue growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$260.53 mln
$251.73 mln (20 Analysts)
Q4 Net Income
-$737,000
Q4 Gross Profit
$205.24 mln
Q4 Operating Expenses
$196.39 mln
Q4 Operating Income
$8.86 mln
Q4 Pretax Profit
$4.06 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 $35.00, about 74.6% above its February 3 closing price of $20.05

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 17 three months ago

Press Release: ID:nGNXbcGdg3

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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.)