Tenable Holdings

Tenable Holdings (TENB) Q3 2025 Earnings

Reported Oct 29, 2025 at 4:17 PM ET · SEC Source

Q3 25 EPS

$0.42

BEAT +13.42%

Est. $0.37

Q3 25 Revenue

$252.4M

BEAT +2.02%

Est. $247.5M

vs S&P Since Q3 25

+15.2%

BEATING MARKET

TENB +24.9% vs S&P +9.7%

Market Reaction

Did TENB Beat Earnings? Q3 2025 Results

Tenable Holdings posted a strong third quarter, with both earnings and revenue clearing Wall Street expectations as the cybersecurity firm's exposure management platform continued to gain traction. The Columbia, Maryland-based company reported non-GA… Read more Tenable Holdings posted a strong third quarter, with both earnings and revenue clearing Wall Street expectations as the cybersecurity firm's exposure management platform continued to gain traction. The Columbia, Maryland-based company reported non-GAAP diluted EPS of $0.42, beating the $0.37 consensus estimate by 13.42%, while revenue grew 11.2% year-over-year to $252.44 million, edging past the $247.45 million consensus by 2.02%. The clearest driver behind the beat was accelerating demand for the Tenable One Exposure Management platform, which helped push remaining performance obligations up 20.4% year-over-year to $928.86 million, signaling durable forward demand. The company also swung to GAAP profitability, posting net income of $2.26 million against a net loss of $9.21 million a year ago, while non-GAAP operating margin expanded 350 basis points to 23.3%. Institutional investors have taken notice of the improving financials, with several funds recently adding to their positions. Management raised full-year 2025 revenue guidance to $988.00 to $992.00 million and lifted non-GAAP diluted EPS guidance to $1.51 to $1.54.

Key Takeaways

  • Strong demand for Tenable One Exposure Management platform
  • Industry shift toward preemptive cybersecurity approach
  • Recurring revenue representing 95% of total revenue
  • Non-GAAP operating margin expansion of 350 basis points year-over-year
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TENB YoY Financials

Q3 2025 vs Q3 2024, source: SEC Filings

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TENB Revenue by Segment

With YoY comparisons, source: SEC Filings

Q2 25 Q1 26

“We delivered better-than-expected results on both the top and bottom line driven by strong demand for our Tenable One Exposure Management platform. Our outperformance reflects the industry's shift toward a more preemptive approach to cybersecurity.”

— Steve Vintz, Q3 2025 Earnings Press Release