Tenable Holdings, Inc. (TENB) Earnings Call Transcripts

Tenable Holdings, Inc.'s Latest Earnings Call - May 21, 2026

In the first quarter of fiscal 2026, Tenable Holdings, Inc. reported significant growth, with revenue reaching $1 billion, marking a 15% CAGR since 2021. Operating income surged to $257 million, translating to a 24% operating margin, while unlevered free cash flow tripled to $290 million. Management maintained a positive outlook, emphasizing the importance of their Tenable One platform and Hexa AI in addressing the evolving cybersecurity landscape, particularly in light of increasing AI-driven vulnerabilities. No changes to guidance were noted, but the focus on exposure management was reiterated as a critical growth driver moving forward.

Reported metrics

Guidance from management

Management maintained guidance for high single-digit revenue growth for 2026, with expectations for Tenable One platform revenue to grow in the mid-teens and represent over half of total revenue by 2029.

What management said

All right, we'll get started without him. Don't turn on this -- and let's turn the offer comes back in the room. All right. Actually, I'm going to want to hear from Eric because he actually is doing some incredibly exciting things with Hexa and agenetic security. So let's just get started with some introductions here. No, you're okay. You're okay. Why don't we go ahead and get started? Rick, do you want to introduce ...

All right. Well, we're super happy to have you here. And let's sort of talk about the jury that you are taking to exposure management, right? So I know you all sort of started your journey with us around vulnerability management. I know there's a lot of expansion that you've done. But can you just talk a little bit what was the breaking point or the turning point for VM that made you decide, okay, we need to move o...

What analysts pressed on

Analysts expressed concerns regarding the slower growth of standalone VM products compared to the Tenable One platform. There were questions about the competitive landscape and the urgency for customers to adopt automated solutions amidst increasing vulnerabilities.

Main topics on the call

• Revenue Growth and Profitability — Tenable reported $1 billion in revenue for Q1 2026, with operating income at $257 million, a 24% margin. This reflects a significant increase from $541 million in 2021, showcasing a strong growth trajectory. Management s...
• Hexa AI Launch — The general availability of Hexa AI was announced, which is designed to automate remediation and enhance exposure management capabilities. Management highlighted that Hexa is integral to the Tenable One platform, stating...
• AI-Driven Vulnerability Landscape — Management emphasized the increasing complexity of vulnerabilities due to AI, noting that the mean time from vulnerability discovery to exploit has collapsed to 1.6 days. They stated, "The challenge is not discovering ne...
• Customer Engagement and Demand — There has been a notable increase in customer engagement, particularly at the CISO level, with many organizations seeking guidance on managing AI-related risks. Management reported, "We are seeing a dramatic increase in ...

Read the full Tenable Holdings, Inc. transcript (May 21, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 46 Tenable Holdings, Inc. earnings call transcripts on record, spanning February 4, 2020 to July 29, 2026. Based on this history, Tenable Holdings, Inc. reports quarterly. The most recent call on file is dated July 29, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

TENB

Exchange

NasdaqGS

Country

US

Sector

Information Technology

Industry

Software

Calls on record

46

First call

February 4, 2020

Most recent

July 29, 2026

Reporting cadence

quarterly