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Founded in 2002, Tenable is a cybersecurity company that began providing vulnerability management solutions under its Nessus software. In recent years, Tenable has expanded its portfolio to provide a broader range of exposure management modules. Solutions include cloud security and compliance, active directory management, operational technology security and advanced vulnerability analytics. The Maryland-based company went public in 2018.
2015
2.0K+
LTM Revenue $912M
LTM EBITDA $200M
$4.4B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Tenable has a last 12-month revenue of $912M and a last 12-month EBITDA of $200M.
In the most recent fiscal year, Tenable achieved revenue of $799M and an EBITDA of -$9.0M.
Tenable expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Tenable valuation multiples based on analyst estimates| FY 2022 | FY 2023 | FY 2024 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $541M | $683M | $799M | $912M | XXX |
| Gross Profit | $435M | $528M | $615M | XXX | XXX |
| Gross Margin | 80% | 77% | 77% | XXX | XXX |
| EBITDA | -$25.6M | -$44.1M | -$9.0M | $200M | XXX |
| EBITDA Margin | -5% | -6% | -1% | 22% | XXX |
| Net Profit | -$46.7M | -$92.2M | -$78.3M | XXX | XXX |
| Net Margin | -9% | -13% | -10% | XXX | XXX |
| Net Debt | $86.7M | $61.1M | $122M | XXX | XXX |
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As of February 21, 2025, Tenable's stock price is $38.
Tenable has current market cap of $4.6B, and EV of $4.4B.
See Tenable trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $4.4B | $4.6B | XXX | XXX | XXX | XXX | $1.32 |
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Sign UpAs of February 21, 2025, Tenable has market cap of $4.6B and EV of $4.4B.
Tenable's trades at 4.9x LTM EV/Revenue multiple, and 22.1x LTM EBITDA.
Analysts estimate Tenable's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Tenable and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $4.4B | XXX | XXX | XXX |
| EV/Revenue | 5.6x | XXX | XXX | XXX |
| EV/EBITDA | -495.3x | XXX | XXX | XXX |
| P/E | -58.7x | XXX | XXX | XXX |
| P/E/Growth | n/a | XXX | XXX | XXX |
| EV/FCF | 31.4x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpTenable's NTM/LTM revenue growth is 9%
Tenable's revenue per employee for the last fiscal year averaged $0.4M, while opex per employee averaged $0.3M for the same period.
Over next 12 months, Tenable's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Tenable's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Tenable and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | 17% | XXX | XXX | XXX | XXX |
| EBITDA Margin | -1% | XXX | XXX | XXX | XXX |
| EBITDA Growth | -80% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | 8% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $0.4M | XXX | XXX | XXX | XXX |
| Opex per Employee | $0.3M | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | 49% | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | 15% | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | 19% | XXX | XXX | XXX | XXX |
| Opex to Revenue | 83% | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| archTIS | XXX | XXX | XXX | XXX | XXX | XXX |
| FirstWave | XXX | XXX | XXX | XXX | XXX | XXX |
| Prophecy International | XXX | XXX | XXX | XXX | XXX | XXX |
| Qoria | XXX | XXX | XXX | XXX | XXX | XXX |
| Quick Heal | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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Tenable acquired XXX companies to date.
Last acquisition by Tenable was XXXXXXXX, XXXXX XXXXX XXXXXX . Tenable acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Sign Up| When was Tenable founded? | Tenable was founded in 2015. |
| Where is Tenable headquartered? | Tenable is headquartered in United States of America. |
| How many employees does Tenable have? | As of today, Tenable has 2.0K+ employees. |
| Who is the CEO of Tenable? | Tenable's CEO is Mr. Stephen A. Vintz. |
| Is Tenable publicy listed? | Yes, Tenable is a public company listed on NAS. |
| What is the stock symbol of Tenable? | Tenable trades under TENB ticker. |
| When did Tenable go public? | Tenable went public in 2018. |
| Who are competitors of Tenable? | Similar companies to Tenable include e.g. archTIS, FirstWave, Prophecy International, Qoria. |
| What is the current market cap of Tenable? | Tenable's current market cap is $4.6B |
| What is the current revenue of Tenable? | Tenable's last 12-month revenue is $912M. |
| What is the current EBITDA of Tenable? | Tenable's last 12-month EBITDA is $200M. |
| What is the current EV/Revenue multiple of Tenable? | Current revenue multiple of Tenable is 4.9x. |
| What is the current EV/EBITDA multiple of Tenable? | Current EBITDA multiple of Tenable is 22.1x. |
| What is the current revenue growth of Tenable? | Tenable revenue growth between 2023 and 2024 was 17%. |
| Is Tenable profitable? | Yes, Tenable is EBITDA-positive (as of the last 12 months). |
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