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Tenable Reports Growth and Forecast Increase
Tenable (NASDAQ: TENB), a cybersecurity firm specializing in exposure management, generated $252.4 million in revenue for the third quarter of 2025, marking an 11% increase from the same period last year. The company surpassed its revenue forecast of $246 million to $248 million. With 2,156 customers holding annual contract values of at least $100,000, Tenable’s customer base has grown 16% year-over-year. The firm has adjusted its full-year revenue guidance from $984 million to $990 million, fueled by increased demand for advanced cybersecurity tools.
Despite a 52% drop in its stock price since 2022, Tenable’s price-to-sales (P/S) ratio stands at 3.6, significantly lower than competitors like CrowdStrike and Palo Alto Networks. The company’s platform, Tenable One, accounted for 40% of new business in the third quarter and incorporates AI features to enhance threat detection and management for its clients, highlighting the expansive $50 billion market opportunity in exposure management.
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