Earnings Releases·Oct 28, 2026, 4:07 PM ET

Tenable — Third Quarter 2026 Earnings Summary

Revenue grew 9.5% year-over-year to $276.4 million, while GAAP operating margin expanded to 6.0% and Non-GAAP operating margin rose 380 basis points to 27.1%.
Full-year 2026 revenue guidance is set between $1.084 billion and $1.087 billion, with Q4 2026 revenue expected between $277.0 million and $280.0 million.
Strategic capital activities included closing an upsized $800 million convertible senior notes offering, establishing a new $400 million secured revolving credit facility, and repurchasing 6.8 million shares for $223.8 million.
Product momentum was driven by a 107% dollar-based net expansion rate, the addition of 413 new enterprise platform customers, and the integration of AI capabilities via Anthropic's Claude Mythos and expanded Tenable Hexa AI.
The company maintained its #1 worldwide market share in device vulnerability and exposure management for the eighth consecutive year, with recurring revenue accounting for 95% of total revenue.