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TENB · Nasdaq · United States · Services-Prepackaged Software
In shortTenable Holdings, Inc. is loss-making.
Financial health
Mixed
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | -0.9% | 14/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -3.6% | 6/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -9.9% | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | – | n/a |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 0.95× | 13/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | – | n/a |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | – | n/a |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | -0.32× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | -1.62 | 0/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 25.5% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 0 of 5 | 0/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 6.5% | 87/100 |
| Operating margin volatility | 4.1% | 71/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 13.5% | 92/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 541 | 683 | 799 | 900 | 999 |
| Cost of revenue | 106 | 155 | 184 | 200 | 219 |
| Gross profit | 435 | 528 | 615 | 700 | 780 |
| Research & development | 116 | 144 | 153 | 182 | 224 |
| Operating income | (42) | (68) | (52) | (6.9) | (9.2) |
| Interest expense | 7.5 | 19 | 31 | 32 | 28 |
| Pre-tax income | (3.3) | (24) | (26) | 26 | 20 |
| Income tax | (4) | 6.9 | 11 | 17 | 13 |
| Net income | (47) | (92) | (78) | (36) | (36) |
| Diluted EPS | −$0.44 | −$0.83 | −$0.68 | −$0.31 | −$0.30 |
| Diluted shares (millions) | 106 | 111 | 115 | 119 | 120 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
−1.62 Distress zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
6/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Aug 4, 2026