Tenable Q2 revenue beats estimates on Tenable One momentum, new customer growth
TENB•Outlook
- Tenable sees Q3 revenue between $270 mln and $273 mln.
- Company expects Q3 non-GAAP EPS of $0.49 to $0.52.
- Tenable forecasts 2026 revenue of $1.075 bln to $1.081 bln.
Result drivers
- Tenable One momentum - Co said continued adoption of Tenable One platform drove Q2 results, citing demand for AI-native capabilities and simplified pricing.
- New customer growth - Co added 381 new enterprise platform customers and 32 net new six-figure customers in Q2.
Company press release: ID:nGNXbSBYN7
Key details and analyst coverage
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q2 Revenue | Beat | $268.51 mln | $264.83 mln (20 Analysts) |
| Q2 GAAP Net Income | $3.81 mln | ||
| Q2 Gross Profit | $208.18 mln | ||
| Q2 Operating Expenses | $195.81 mln | ||
| Q2 Operating Income | $12.37 mln | ||
| Q2 Pretax Profit | $6.94 mln |
- The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 14 "hold" and no "sell" or "strong sell".
