Filing Flows › Tenable Holdings (TENB) › Q2 2026 › vs Q1 2026
Tenable Holdings (TENB) Q2 2026 vs Q1 2026 (quarter over quarter)
Tenable Holdings's revenue rose $6.5M (+2%) from $262M in Q1 2026 to $269M in Q2 2026. The biggest changes: Subscription revenue +$5.1M (+2%); Professional services and other revenue +$1.6M (+19%); Perpetual license and maintenance revenue −$300K (-3%). Gross margin 77.5% against 78.4% (-0.8 pts).
Tenable Holdings, Q2 2026: revenue $269M (+9% year over year), operating margin 4.6%, net earnings $3.8M, operating cash flow $44.7M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 77.5% | 78.4% | -0.8 pts |
| Operating margin | 4.6% | 3.3% | +1.3 pts |
| Net margin | 1.4% | 0.5% | +0.9 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Subscription revenue | $248M | $243M | $5.1M | +2% |
| Professional services and other revenue | $10.4M | $8.7M | $1.6M | +19% |
| Perpetual license and maintenance revenue | $9.9M | $10.2M | −$300K | -3% |
| Revenue | $269M | $262M | $6.5M | +2% |
| Gross profit | $208M | $205M | $2.8M | +1% |
| Cost of revenue | $60.3M | $56.7M | $3.7M | +6% |
| Operating profit | $12.4M | $8.8M | $3.6M | +41% |
| Operating expenses | $196M | $197M | −$819K | -0.4% |
| Pre-tax earnings | $6.9M | $5.1M | $1.8M | +36% |
| Other expense, net | $5.4M | $3.7M | $1.8M | +48% |
| Research & development | $57.0M | $55.8M | $1.2M | +2% |
| Sales & marketing | $106M | $107M | −$1.1M | -1% |
| General & admin | $32.3M | $31.4M | $843K | +3% |
| Other operating costs | $651K | $2.4M | −$1.8M | -73% |
| Net earnings | $3.8M | $1.4M | $2.4M | +169% |
| Income tax | $3.1M | $3.7M | −$542K | -15% |
| Operating cash sources | $60.5M | $55.5M | $5.0M | +9% |
| Depreciation & amortization | $10.3M | $10.2M | $104K | +1% |
| Share-based compensation | $46.3M | $43.9M | $2.5M | +6% |
| Working capital & other | $15.8M | −$32.5M | $48.2M | — |
| Operating cash flow | $44.7M | $88.0M | −$43.3M | -49% |
Questions
How much did Tenable Holdings's revenue grow quarter over quarter in Q2 2026?
Tenable Holdings's revenue rose $6.5M (+2%) from $262M in Q1 2026 to $269M in Q2 2026.
What drove Tenable Holdings's revenue change in Q2 2026?
Subscription revenue +$5.1M (+2%); Professional services and other revenue +$1.6M (+19%); Perpetual license and maintenance revenue −$300K (-3%).