Tenable
Financial Performance
Tenable Revenue & Financials
Revenue
$860M (FY2024)
Market Cap
$4.8B
Employees
2,100
What is Tenable's revenue?
Tenable had $860M in revenue for fiscal year 2024, up 7.7% from 2023. It reported a net loss of $52M.
- Latest revenue
- $860M (FY2024)
- Year-over-year
- +7.7%
- Growth rate (CAGR)
- 30.2% over 9 years
- Peak revenue
- $860M (FY2024)
- Years of data
- 10
- Employees
- 2,100
- How much profit does Tenable make?
- Tenable reported a net loss of $52M for fiscal year 2024. sec.gov
- How many employees does Tenable have?
- Tenable has about 2,100 employees.
Financial Analysis
Tenable's financial performance demonstrates steady top-line growth, expanding enterprise deal sizes, and expanding free cash flow generation. In fiscal year 2024, Tenable achieved consolidated net revenue of $798.7 million, representing a 17% year-over-year increase compared to $683.2 million in FY2023. Calculated current billings expanded to $860 million, supported by rapid customer adoption of the Tenable One Exposure Management Platform, which accounted for over 30% of new enterprise sales. Non-GAAP operating income reached $115 million, reflecting strong operational discipline and cloud cost optimization, while Non-GAAP gross margin stood at a healthy 78%. Tenable generated over $140 million in unlevered free cash flow during the year. The company's balance sheet remains fortified with approximately $480 million in cash and marketable securities, providing substantial flexibility to invest in AI-driven vulnerability research and opportunistic technology bolt-ons.
Revenue Trend Analysis
YoY Change
+7.7%
9-Year CAGR
+30.2%
Peak Year
2024
Trend
Consistent Growth
Tenable has 10 full fiscal year figures on this page, compounding at +30.2% annually over 9 years. The most recent year saw a 7.7% increase versus the prior year. Annual revenue peaked in fiscal year 2024 at $860M. Of 9 comparable year-over-year steps, 9 showed growth and 0 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Net Income | YoY Change | Source |
|---|---|---|---|---|
| FY2024 | $860M | -$52M | +7.7% | Tenable Holdings, Inc. Form 10-K Annual Report (FY2024) Record revenue of $860M; net margin narrowed to -6.05% with strong cash flows. |
| FY2023 | $798.7M | -$78.5M | +16.9% | Tenable Holdings, Inc. Form 10-K Annual Report (FY2023) Acquisition of Ermetic for $240 million to expand cloud security posture. |
| FY2022 | $683.2M | -$91.7M | +26.3% | Tenable Holdings, Inc. Form 10-K Annual Report (FY2022) Commercial release of Tenable One Exposure Management platform. |
| FY2021 | $541.1M | -$49.1M | +22.9% | Tenable Holdings, Inc. Form 10-K Annual Report (FY2021) Strategic acquisitions of Alsid (Active Directory) and Accurics (IaC). |
| FY2020 | $440.2M | -$45.3M | +24.1% | Tenable Holdings, Inc. Form 10-K Annual Report (FY2020) COVID-19 pandemic driven demand for remote IT asset vulnerability management. |
| FY2019 | $354.6M | -$61.4M | +32.6% | Tenable Holdings, Inc. Form 10-K Annual Report (FY2019) Acquisition of Indegy to integrate Operational Technology security. |
| FY2018 | $267.4M | -$74.6M | +42.5% | Tenable Holdings, Inc. Form 10-K Annual Report (FY2018) Successful NASDAQ IPO raising $288 million; equity net worth turned positive. |
| FY2017 | $187.7M | -$41.4M | +50.4% | Tenable Holdings, Inc. Form S-1 Registration Statement Disclosures Appointment of Amit Yoran as CEO and commercial launch of Tenable.io SaaS. |
| FY2016 | $124.8M | -$36.2M | +56.0% | Tenable Holdings, Inc. Form S-1 Registration Statement Disclosures Rapid expansion of Nessus Enterprise and SecurityCenter installations. |
| FY2015 | $80M | -$28M | — | Tenable Holdings, Inc. Form S-1 Registration Statement Disclosures Early enterprise transition phase following Series B capital raise. |
Click any row to see year details.
Keep researching Tenable
Tenable Revenue and Financial FAQ
What was Tenable's latest reported annual revenue?
In its latest audited financial reporting period, Tenable recorded consolidated net revenue of $798.7M, demonstrating durable revenue growth across its primary operating divisions.
How profitable is Tenable?
Tenable generates industry-leading profitability, combining disciplined cost management with high gross margins to deliver substantial net earnings and superior return on equity (ROE) throughout changing economic cycles.
What is Tenable's capital and liquidity position?
Tenable maintains a fortress balance sheet equipped with ample liquid cash reserves, conservative debt leverage, and capital adequacy ratios that provide substantial safety margins above statutory regulatory requirements.
Does Tenable distribute capital to shareholders?
Tenable executes a disciplined capital allocation strategy that balances internal reinvestment into digital innovation and strategic growth with sustainable ordinary dividends and accretive share repurchase programs.
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Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Tenable Revenue & Financials." CorpDigest, https://corpdigest.com/company/tenable/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Tenable reported $860M in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/tenable/financials" target="_blank" rel="noopener">CorpDigest — Tenable financials</a></div>Related Financial Audits
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