NASDAQ$TENB

Tenable Holdings Inc · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

Tenable reported Q1 2025 revenue of $239.1M, a net loss of $22.9M, diluted EPS of $-0.19.

For Q1 2025, Tenable reported Revenue was $239.1M, net loss was $22.9M, diluted EPS was $-0.19. Management discusses segment trends, liquidity, and outlook in the quarterly filing.

  • Revenue $239.1M for Q1 2025.
  • Net loss $22.9M.
  • Diluted EPS $-0.19.

Headline financials

Total Revenue

$239M

Previous: $216M+10.7%
EPS (adj)

-$0.19

Previous: -$0.12-58.3%
Calculated Current Billings

$215M

Previous: $198M+8.9%
New Enterprise Platform Customers

361

No prior period
Net New Six-Figure Customers

54

No prior period
Recurring Revenue Percentage

96.0%

Previous: 96.0%+0.0%
Remaining Performance Obligations

$882M

Previous: $742M+18.8%
Unlevered Free Cash Flow

$86.8M

Previous: $54.7M+58.6%
Capital Expenditures

-$6.55M

Previous: -$665K-885.4%
Net Income

-$22.9M

Previous: -$14.4M-59.4%
Operating Income

-$17.7M

Previous: -$8.93M-98.3%
Gross Profit

$187M

Previous: $167M+11.8%

Revenue & EPS history

Tenable · Revenue · Quarterly

$239M

Q1 2025+10.7%vs Q1 2024
Beat estimate in 13 of 15 quarters(87%)
ActualEstimate

Revenue by segment

Tenable · $202M total across 3 segments · Q3 2023

  • Subscription Revenue
    $183M+16.9%
  • Perpetual License and Maintenance
    $12.2M-3.6%
  • Professional Services and Other
    $6.06M+11.6%

Forward guidance

Outlook emphasizes path to profitability, liquidity, and operating leverage.

Tailwinds

  • Cost actions and mix improvements.
  • Cash supports operating plans.

Headwinds

  • Losses until commercial scale.
  • Macro and input costs may delay breakeven.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

-1.9%

Avg return

Earnings day

-2.6%

Avg return

5 days after

-1.9%

Avg return

30 days after

42%

13 / 31 earnings

Positive

+20.6%

Q3 2022

Best reaction

-21.4%

Q2 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+5.1%-2.1%+31.5%
Q4 2025+0.2%+16.1%+6.7%
Q3 2025+0.7%-2.0%-7.4%
Q1 2025-9.2%-7.2%-4.3%
Q4 2024+1.5%-1.8%-10.1%
Q3 2024-5.2%-7.4%+0.4%
Q2 2024-9.9%-14.9%-12.4%
Q1 2024+0.5%+1.2%-6.2%
Q4 2023+6.7%+10.5%-0.6%
Q3 2023-16.1%-12.1%-3.2%
Q2 2023+11.3%+10.0%-1.3%
Q1 2023-21.1%-20.5%-17.3%
Q4 2022+6.8%+4.6%+1.8%
Q3 2022+20.6%+24.3%+17.3%
Q2 2022-21.4%-19.7%-13.6%
Q1 2022-2.1%-4.6%-14.5%
Q4 2021-1.8%-1.5%+8.5%
Q3 2021-1.2%+0.5%-3.1%
Q2 2021-0.6%-5.5%-3.5%
Q1 2021-8.1%-13.1%-2.5%
Q4 2020-8.0%-8.9%-24.9%
Q3 2020-1.9%-6.8%-4.1%
Q2 2020+16.9%+10.8%+18.4%
Q1 2020+6.0%+0.6%+20.7%
Q4 2019-2.8%-3.6%-16.7%
Q3 2019+12.5%+7.3%+17.4%
Q2 2019-17.8%-19.6%-27.7%
Q1 2019-9.6%-13.7%-20.0%
Q4 2018-9.1%-8.2%+3.4%
Q3 2018-8.2%-9.5%-11.2%
Q2 2018+6.1%+15.2%+18.2%
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Q1 2017

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