SECURITY
SECURITY
SECURITY
Tenable pops after blowout earnings and bullish 2026 outlook
Shares in Tenable Holdings Inc. rose more than 9% in late trading today after the cybersecurity management company impressed investors with earnings and revenue beats in its fiscal fourth quarter and gave an outlook ahead of expectations.
For the quarter that ended on Dec. 31, Tenable reported adjusted earnings per share of 48 cents, up from 41 cents per share in the same quarter of 2024, on revenue of $260.5 million, up 11% year-over-year. Analysts had been expecting earnings of 42 cents per share on revenue of $251.7 million.
Calculated billings in the quarter rose 8% from a year ago, to $327.8 million. Net cash from operating activities was $83 million and Tenable ended the quarter with $187.8 million in cash and cash equivalents on hand. For the full year, it reported adjusted earnings per share of $1.59, up from $1.29 in 2024, on revenue of $999.4 million, up 11% year-over-year.
Tenable added 502 new enterprise platform customers in the quarter, including five net new six-figure customers, and announced a $150 million expansion of its existing share repurchase program, increasing the total remaining authorization to $338 million.
Other business highlights included an agreement with GSA OneGov to further invest in FedRAMP-authorized cloud security capabilities. And the company appointed Microsoft Corp. cloud and artificial intelligence security veteran Vlad Korsunsky as its chief technology officer.
“We delivered better-than-expected results across all of our guided metrics,” co-Chief Executive Steve Vintz said in the earnings release. “Our focus on expanding Tenable One and ensuring AI remains central to every innovation is driving stronger platform adoption and deeper customer engagement.”
For its fiscal 2026 first quarter, Tenable expects to see adjusted earnings per share of 39 to 42 cents and revenue of $257 million to $260 million. At the midpoints, both were ahead of the 40 cents per share and $245.5 million expected by analysts.
For the full year, the company expects adjusted earnings of $1.81 to $1.90 per share and revenue of $1.065 billion to $1.075 billion, both of which also topped the $1.76 per share and revenue of $1.065 billion analysts were expecting.
Photo: Wikimedia Commons
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