Tenable Holdings, Inc. filed its quarterly report on Form 10-Q for the period ended September 30, 2026, with the SEC on November 3, 2026, disclosing revenue growth, a swing to net income, and a significant increase in treasury stock from share repurchases.

Key Highlights

  • Quarterly revenue: $276,387 thousand for the three months ended September 30, 2026, up from $252,440 thousand in the same period of 2025, according to the filing.
  • Net income swing: The company reported net income of $16,518 thousand for the nine months ended September 30, 2026, compared to a net loss of $35,381 thousand in the same period of 2025.
  • Diluted EPS: Diluted net earnings per share were $0.10 for the three months ended September 30, 2026, and $0.14 for the nine months ended September 30, 2026.
  • Share repurchases: Treasury stock grew to 28,737 thousand shares at a cost of $828,270 thousand as of September 30, 2026, up from 10,596 thousand shares at $364,574 thousand at December 31, 2025.
  • Convertible senior notes: The balance sheet reflects convertible senior notes, net, of $779,016 thousand as of September 30, 2026, a figure not present at December 31, 2025.
  • Accumulated deficit reduced: Accumulated deficit decreased to $880,936 thousand at September 30, 2026, from $897,454 thousand at December 31, 2025.
  • Shares outstanding: As of October 30, 2026, 104,507,623 shares of common stock were outstanding, the filing disclosed.

Tenable Holdings Reports Nine-Month Profit Turnaround and Balance Sheet Changes in Q3 2026

According to the Form 10-Q filed with the SEC, Tenable Holdings (NASDAQ:TENB) generated revenue of $276,387 thousand in the three months ended September 30, 2026, compared with $252,440 thousand in the year-earlier quarter. For the nine months ended September 30, 2026, revenue totaled $806,953 thousand, up from $738,872 thousand in the same period of 2025. Gross profit for the nine-month period was $628,619 thousand, versus $575,225 thousand a year earlier.

The company disclosed a significant shift in profitability. Income from operations for the nine months ended September 30, 2026 was $37,840 thousand, compared to a loss from operations of $18,023 thousand in the same period of 2025. Net income for the nine-month period was $16,518 thousand, reversing a net loss of $35,381 thousand in the nine months ended September 30, 2025. The filing noted restructuring charges of $3,229 thousand in the nine months ended September 30, 2026, with no comparable charges in 2025.

The balance sheet reflected notable structural changes between December 31, 2025 and September 30, 2026. The company reported convertible senior notes, net, of $779,016 thousand as of September 30, 2026, while the term loan that carried a balance of $354,209 thousand at December 31, 2025 was no longer present. Cash and cash equivalents rose to $317,401 thousand from $187,762 thousand. Total stockholders' equity shifted to a deficit of $26,472 thousand at September 30, 2026, from positive equity of $326,376 thousand at December 31, 2025, primarily reflecting the substantial increase in treasury stock from repurchase activity during the period.

What Was Disclosed

Tenable Holdings filed its quarterly report covering the three and nine months ended September 30, 2026, disclosing revenue growth, a return to net income on a year-to-date basis, significant share repurchase activity, the addition of convertible senior notes, and the elimination of its term loan.