Tenable Holdings, Inc. (TENB) delivered robust revenue growth and improved gross margins in its latest quarter, signaling sustained momentum in its cybersecurity platform. The results reflect strong demand for its asset visibility and vulnerability management solutions.
- TENB revenue reached $218 million in Q3 2025, up 22% YoY
- Gross margin expanded to 76.8%, from 74.3% in prior-year quarter
- Adjusted EBITDA increased 31% to $74.2 million
- Net dollar retention rose 28%
- Tenable.io contributed 72% of total revenue
- Full-year revenue guidance reaffirmed at $870M–$880M
Tenable Holdings, Inc. (TENB) reported a 22% year-over-year increase in total revenue for the third quarter of fiscal 2025, reaching $218 million, driven by elevated subscription growth and new enterprise customer acquisitions. The company's gross margin expanded to 76.8%, up from 74.3% in the same period last year, demonstrating improved operational efficiency and scalable cloud infrastructure. Adjusted EBITDA rose 31% to $74.2 million, reflecting disciplined cost management amid rapid expansion. The growth is underpinned by a 28% increase in net dollar retention, indicating strong customer stickiness and upsell performance. Tenable’s cloud-native platform continues to attract clients across financial services, healthcare, and government sectors, with over 400 new customers added during the quarter. The company’s flagship product, Tenable.io, accounted for 72% of total revenue, highlighting the shift toward continuous monitoring and proactive threat detection. Market reaction followed the results, with TENB shares rising 8.3% in after-hours trading. Analysts noted the margin expansion and recurring revenue trends as positive indicators for long-term profitability. The company maintained its full-year revenue guidance of $870 million to $880 million and reaffirmed its commitment to investing in research and development to strengthen its product roadmap.