Quarterly ResultMay 5, 2026, 04:43 PM
Tenable Q1 Revenue Up 9.6% to $262.1M; Swings to Profit
AI Summary
Tenable Holdings reported a strong first quarter for 2026, with revenue increasing by 9.6% to $262.1 million. The company successfully swung from an operating loss of $17.7 million and a net loss of $22.9 million in Q1 2025 to an operating income of $8.8 million and a net income of $1.4 million in Q1 2026. This performance was supported by a 12% increase in new enterprise platform customers and an 8% rise in customers with over $100,000 in annual contract value.
Key Highlights
- Q1 2026 revenue increased 9.6% to $262.1 million.
- Swung to Q1 operating income of $8.8 million from a $17.7 million loss.
- Reported Q1 net income of $1.4 million, up from a $22.9 million net loss.
- Basic and diluted EPS improved to $0.01 from $(0.19) in Q1.
- Net cash provided by operating activities rose to $88.0 million in Q1.
- New enterprise platform customers grew 12% to 406 in Q1.
- Customers with $100,000+ in annual contract value increased 8% to 2,204.
Price Impact
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