TENB on Nasdaq

Tenable Network Security

Logo: Tenable, Inc., Public domain, via Wikimedia Commons4

American cybersecurity company

Tenable Holdings, Inc. is a cybersecurity company based in Columbia, Maryland.3 From Wikipedia, CC BY-SA 4.0

Price unavailable

Last updated Oct 19, 2026.

Overview

2002Founded1

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  • TickerTENB on Nasdaq1
  • Industrycomputer security1
  • HeadquartersColumbia1
  • Websitewww.tenable.com

Tenable Holdings, Inc. is a cybersecurity company based in Columbia, Maryland. Its vulnerability scanner software Nessus, developed in 1998, is one of the most widely deployed vulnerability assessment solutions in the cybersecurity industry. As of December 31, 2023, the company had approximately 44,000 customers, including 65% of the Fortune 500.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

78.1%Gross margin6
-0.9%Operating margin6
-3.6%Net margin6
11.0%Revenue growth, 20256
-11.1%Return on equity6
$254.6MFree cash flow6

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Subscription and Circulation brought in 92% of the revenue Tenable Network Security broke down this way in fiscal 2025.

  1. Subscription and Circulation$919.6M692%up 12% from 2024
  2. License and Maintenance$44.7M64%down 7% from 2024
  3. Service, Other$35.2M64%up 27% from 2024
Products and services by year
Products and services202320242025
Subscription and Circulation$725.0M$824.7M$919.6M
License and Maintenance$48.7M$47.8M$44.7M
Service, Other$25.0M$27.6M$35.2M

Regions

Americas brought in 61% of the revenue Tenable Network Security broke down this way in fiscal 2025.

  1. Americas$611.0M661%up 9% from 2024
  2. EMEA$273.1M627%up 14% from 2024
  3. Asia Pacific$115.3M612%up 13% from 2024
Regions by year
Regions202320242025
Americas$500.5M$558.1M$611.0M
EMEA$205.9M$239.7M$273.1M
Asia Pacific$92.3M$102.2M$115.3M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue22¢$218.9M
  • Research and development22¢$223.7M
  • Other costs54¢$543.6M
  • Income tax1¢$13.2M

Out of $999.4M in revenue.6 The company lost money this year.

Where each dollar of operating cash went, fiscal 2025

  • Capital spending5¢$12.1M
  • Share buybacks93¢$247.5M
  • Kept or used elsewhere3¢$7.2M

Out of $266.8M of cash from operations.6

Financial statements

Revenue789106$999.4M in 2025+182% since 2019
0$250.0M$500.0M$750.0M$1.0B2019: $354.6M$354.6M20192020: $440.2M$440.2M2020+24%2021: $541.1M$541.1M2021+23%2022: $683.2M$683.2M2022+26%2023: $798.7M$798.7M2023+17%2024: $900.0M$900.0M2024+13%2025: $999.4M$999.4M2025+11%
Gross profit789106$780.5M in 2025+166% since 2019
0$200.0M$400.0M$600.0M$800.0M2019: $293.8M$293.8M20192020: $362.7M$362.7M2020+23%2021: $434.7M$434.7M2021+20%2022: $528.4M$528.4M2022+22%2023: $615.1M$615.1M2023+16%2024: $700.4M$700.4M2024+14%2025: $780.5M$780.5M2025+11%
Operating income789106-$9.2M in 2025−90% since 2019
-$100.0M-$75.0M-$50.0M-$25.0M02019: -$90.8M-$90.8M20192020: -$36.4M-$36.4M2020−60%2021: -$41.8M-$41.8M2021+15%2022: -$67.8M-$67.8M2022+62%2023: -$52.2M-$52.2M2023−23%2024: -$6.9M-$6.9M2024−87%2025: -$9.2M-$9.2M2025+34%
Net income789106-$36.1M in 2025−64% since 2019
-$100.0M-$75.0M-$50.0M-$25.0M02019: -$99.0M-$99.0M20192020: -$42.7M-$42.7M2020−57%2021: -$46.7M-$46.7M2021+9%2022: -$92.2M-$92.2M2022+98%2023: -$78.3M-$78.3M2023−15%2024: -$36.3M-$36.3M2024−54%2025: -$36.1M-$36.1M2025−1%

Every line of the income statement as filed: the last 3 fiscal years, latest first.6

Period ending2025-12-312024-12-312023-12-31
Revenue$999.4M$900.0M$798.7M
Cost of revenue$218.9M$199.7M$183.6M
Gross profit$780.5M$700.4M$615.1M
Sales and marketing$416.9M$395.4M$393.4M
Research and development$223.7M$181.6M$153.2M
General and administrative$145.9M$124.1M$116.2M
Restructuring$3.1M$6.1M$4.5M
Total operating expenses$789.6M$707.2M$667.3M
Loss from operations-$9.2M-$6.9M-$52.2M
Interest income$16.0M$23.3M$24.7M
Interest expense-$28.4M-$31.9M-$31.3M
Other expense, net-$1.3M-$3.4M-$8.6M
Loss before income taxes-$22.9M-$18.9M-$67.4M
Provision for income taxes$13.2M$17.4M$10.9M
Net loss-$36.1M-$36.3M-$78.3M
Net loss per share, basic (in usd per share)-$0.30-$0.31-$0.68
Net loss per share, diluted (in usd per share)-$0.30-$0.31-$0.68
Weighted-average shares used to compute net loss per share, basic (in shares)120.1M shares118.8M shares115.4M shares
Weighted-average shares used to compute net loss per share, diluted (in shares)120.1M shares118.8M shares115.4M shares

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The story

Tenable was founded in September 2002 as Tenable Network Security, Inc. by Ron Gula, Jack Huffard, and Renaud Deraison. In April 1998, at age 17, Deraison had created the Nessus vulnerability scanner software, which he folded into Tenable upon creation of the company. In 2002, Gula, who worked for the National Security Agency in the 1990s, sold a company he founded to Enterasys Networks and was looking to start another company. In 2004, Marcus J. Ranum was hired as chief security officer. In October 2005, to generate income for the company and to stop empowering competition, Nessus became proprietary software, rather than open-source software via the GNU General Public License. At that time, the software was forked; OpenVAS became the open-source software version of the program.

In September 2012, Tenable received $50 million in series A round funding from Accel Partners. Also that month, the company entered into a partnership to provide cybersecurity services for the United States Intelligence Community, partnering with In-Q-Tel. In 2015, Tenable received $250 million in a series B round led by Insight Partners. In 2016, Gula resigned as CEO, becoming chairman. Effective January 2017, Amit Yoran became CEO of the company and later that year, the company was renamed Tenable, Inc. In July 2018, the company became a public company via an initial public offering.

In October 2022, the company launched Tenable One, an exposure management platform. In January 2023, the company launched a venture capital division, with plans to invest up to $25 million.

In December 2024, Yoran took a medical leave after a cancer diagnosis and CFO Stephen Vintz and COO Mark Thurmond were appointed interim co-CEOs; Yoran died in January 2025. Art Coviello was named chairman. In the same month, the company acquired Vulcan Cyber.

From Wikipedia’s article on Tenable, Inc., shared under CC BY-SA 4.0.5

Leadership

Who has led Tenable Network Security, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (15)

Products and brands

  • Nessus
  • software

Listed on Wikidata.1

Timeline

  1. Feb 18, 2025New chief executive Mark C. Thurmond becomes CEO14
  2. Feb 18, 2025New chief executive Stephen A. Vintz becomes CEO15
  3. Jul 26, 2018Went public Listed on NASDAQ1
  4. Jul 25, 2018New chief executive Amit Yoran becomes CEO16
  5. 2002Founded Founded1

Filings

544 filings to the SEC since October 2021: 5 annual reports, 16 quarterly reports, 48 major events, 285 insider forms, 26 large holders, 164 other. The latest 20:

  1. Oct 13, 20268-K EDGAR
  2. Oct 6, 20263 EDGAR
  3. Oct 6, 20264 EDGAR
  4. Oct 6, 20268-K EDGAR
  5. Sep 15, 20268-K EDGAR
  6. Sep 4, 2026SCHEDULE 13G/A EDGAR
  7. Sep 4, 2026SCHEDULE 13G/A EDGAR
  8. Aug 25, 20264 EDGAR
  9. Aug 25, 20264 EDGAR
  10. Aug 25, 20264 EDGAR
  11. Aug 25, 20264 EDGAR
  12. Aug 20, 20264 EDGAR
  13. Aug 18, 2026144 EDGAR
  14. Aug 11, 20264 EDGAR
  15. Aug 11, 20264 EDGAR
  16. Aug 7, 2026144 EDGAR
  17. Aug 7, 20264 EDGAR
  18. Aug 4, 202610-Q EDGAR
  19. Jul 29, 20268-K EDGAR
  20. Jun 17, 20264 EDGAR

The 544 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Ameriprise Financial Inc15,226,424$561.6M0.1%+6,726,977
BlackRock, Inc.13,513,760$498.4M0.0%+16,358
Vanguard Portfolio Management LLC10,236,092$377.5M0.0%+603,124
Vanguard Capital Management LLC4,996,097$184.3M0.0%−351,424
Arrowstreet Capital, Limited Partnership4,406,990$162.5M0.1%+674,719
Fmr LLC4,138,168$152.6M0.0%+567,589
State Street Corp3,236,610$119.4M0.0%+151,480
First Trust Advisors LP2,973,863$109.7M0.1%+282,808
Geode Capital Management, LLC2,961,886$109.3M0.0%+37,192
Shapiro Capital Management LLC2,883,052$106.3M6.4%−1,267,100
Goldman Sachs Group Inc2,447,318$90.3M0.0%+466,316
Morgan Stanley2,250,650$83.0M0.0%+43,370
Manufacturers Life Insurance Company, The2,081,312$76.8M0.1%+230,083
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.2,018,248$74.3M0.1%+72,322
Aqr Capital Management LLC1,796,634$66.3M0.0%+214,485
Jane Street Group, LLC1,780,120$65.7M0.0%+635,568
Voya Investment Management LLC1,606,839$59.3M0.1%+958,586
Barclays PLC1,335,118$49.2M0.0%−571,989
Freestone Grove Partners LP1,152,100$42.5M0.3%+1,148,837
Northern Trust Corp1,100,979$40.6M0.0%+20,320
Dimensional Fund Advisors LP1,081,767$39.9M0.0%+264,320
Charles Schwab Investment Management Inc1,057,622$39.0M0.0%+77,878
Millennium Management LLC972,922$35.9M0.0%+399,666
Renaissance Technologies LLC970,800$35.8M0.0%−289,300
Bank Of America Corp /de/837,409$30.9M0.0%−159,406

13F reports cover disclosed long positions in U.S. stocks only.

Sources

The numbers on this page point here. Each one links to the record it came from.

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