Overview
- Fourth-quarter revenue rose 11% year over year to $260.5 million, with current billings up 8% to $327.8 million and 502 enterprise customers added.
- Non-GAAP net income reached $57.3 million in Q4, up 13% year over year, while the company reported a GAAP net loss of $0.70 million; diluted EPS improved to $0.48 from $0.41.
- For 2025, revenue grew 11% to $999.4 million as non-GAAP net income totaled $194.4 million and unlevered free cash flow came in at $277.0 million.
- Tenable guided 2026 revenue to $1.065–$1.075 billion with non-GAAP EPS of $1.81–$1.90, and projected Q1 revenue of $257–$260 million with EPS of $0.39–$0.42.
- The company expanded its share repurchase authorization by $150 million and bought back 7.90 million shares for $247.5 million in 2025, as Cantor Fitzgerald reaffirmed an Overweight rating with a $30 target.