Filing Flows › Tenable Holdings (TENB) › Q3 2026
Tenable Holdings (TENB) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 3, 2026
Tenable Holdings (TENB) reported revenue of $276M for the third quarter 2026 (Q3 2026), +9% from a year earlier and +3% from the quarter before. Operating margin was 6.0%, net earnings $11.3M (4.1% of revenue).
Tenable Holdings, Q3 2026: revenue $276M (+10% year over year), operating margin 6.0%, net earnings $11.3M, operating cash flow $72.5M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $276M | +3% | +9% |
| Gross profit | $215M | +3% | +10% |
| Operating profit | $16.7M | +35% | +134% |
| Net earnings | $11.3M | +197% | +400% |
| Operating cash flow | $72.5M | +62% | +35% |
| Free cash flow | $64.2M | — | +24% |
What changed
Revenue was $276.4M in Q3 2026, up 9% year over year and up 3% from the previous quarter. Subscription revenue was the largest line at 92% of revenue. Subscription revenue added $22.4M year over year (up 10%), 93% of the total change. Perpetual license and maintenance revenue declined 12%.
Gross margin was 77.8%, up 0.3 points from Q3 2025. Operating profit was $16.7M, a 6.0% margin (up 3.2 points year over year). Of the extra revenue versus Q3 2025, 40% reached operating profit, above the 3% margin then. Operating expenses grew 5% against revenue growth of 9%. The fastest-growing cost line was Research & development (+10%). Net earnings were $11.3M, up 400% year over year. The effective tax rate was -5.0%.
Operating cash flow was $72.5M (up 35% year over year), 642% of net earnings. Non-cash charges added back $10.5M of depreciation and amortization and $51.2M of share-based compensation. After capitalized software development costs ($4.8M) and purchases of property and equipment ($3.5M), free cash flow as the company reports it was $64.2M.
Questions
What was Tenable Holdings' revenue in the third quarter 2026?
Tenable Holdings (TENB) reported revenue of $276M for the third quarter 2026 (Q3 2026), +9% from a year earlier and +3% from the quarter before.
Was Tenable Holdings profitable in the third quarter 2026?
Operating profit was $16.7M (6.0% of revenue) and net earnings $11.3M.
Source: Tenable Holdings 10-Q on SEC EDGAR.