NASDAQ$TENB

Tenable Holdings Inc · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

Tenable reported Q4 2025, revenue of $260.5M, net income of $57.3M, diluted EPS of $0.48.

For Q4 2025, Tenable reported revenue of $260.5M, net income of $57.3M, diluted EPS was $0.48. Management discusses segment performance, capital allocation, and outlook in the earnings release.

  • Revenue $260.5M.
  • Net income $57.3M.
  • Diluted EPS $0.48.

Headline financials

Total Revenue

$261M

Previous: $236M+10.5%
EPS (adj)

$0.48

Previous: $0.02+2976.9%
Calculated Current Billings

$328M

Previous: $302M+8.5%
New Enterprise Platform Customers

502

No prior period
Net New Six-Figure Customers

5

No prior period
Recurring Revenue Percentage

95.0%

No prior period
Remaining Performance Obligations

$1.06B

Previous: $868M+22.3%
Unlevered Free Cash Flow

$87.5M

Previous: $85.7M+2.0%
Net Income

$57.3M

Previous: $1.87M+2967.5%
Operating Income

$8.86M

Previous: $13.6M-35.0%
Gross Profit

$205M

Previous: $184M+11.4%

Revenue & EPS history

Tenable · Revenue · Quarterly

$261M

Q4 2025+10.5%vs Q4 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

The release discusses Tenable's outlook for upcoming periods, including capital allocation, operating priorities, and market risks.

Tailwinds

  • Tenable cites operational execution and demand trends supporting the outlook.
  • Balance sheet and liquidity actions aim to fund growth and returns.

Headwinds

  • Macro, pricing, and input-cost volatility could pressure margins.
  • Segment mix and one-time items may affect quarter-to-quarter comparability.

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 Q4 2025

Historical avgQ4 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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