Tenable Network Security
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 440m | 541m | 683m | 799m | 893m | 993m | 1.1b |
% growth | 24 % | 23 % | 26 % | 17 % | 12 % | 11 % | 11 % |
EBITDA | (25.8m) | (25.6m) | (44.1m) | (4.5m) | 183m | 225m | 281m |
% EBITDA margin | (6 %) | (5 %) | (6 %) | (1 %) | 21 % | 23 % | 26 % |
Profit | (42.7m) | (46.7m) | (92.2m) | (78.3m) | (50.7m) | (30.3m) | (8.7m) |
% profit margin | (10 %) | (9 %) | (13 %) | (10 %) | (6 %) | (3 %) | (1 %) |
EV / revenue | 11.6x | 10.5x | 6.0x | 6.6x | 5.2x | 4.5x | 3.9x |
EV / EBITDA | -197.6x | -222.4x | -92.7x | -1183.2x | 25.5x | 19.9x | 15.1x |
R&D budget | 102m | 116m | 144m | 153m | - | - | - |
R&D % of revenue | 23 % | 22 % | 21 % | 19 % | - | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$50.0m | Series A | ||
$250m | Series B | ||
N/A | N/A | Secondary | |
N/A | $250m Valuation: $2.1b 11.2x EV/LTM Revenues -58.0x EV/LTM EBITDA | IPO | |
* | N/A | $256m | Post IPO Equity |
Total Funding | $300m |
Recent News about Tenable Network Security
EditTenable, Inc. is a cybersecurity company that specializes in vulnerability management. The company operates in the cybersecurity market, providing solutions to identify, investigate, and prioritize vulnerabilities in IT and operational technology (OT) environments. Tenable serves a diverse range of clients, including enterprises, government agencies, and critical infrastructure operators, who need to protect their digital assets from cyber threats.
Tenable's core offerings include several products such as Tenable.io, Tenable.ot, and Nessus. Tenable.io is a cloud-based platform that provides comprehensive vulnerability management, allowing clients to see and track all their assets with high accuracy. Tenable.ot focuses on securing operational technology, which includes industrial control systems and other critical infrastructure. Nessus is a widely used vulnerability scanner that helps organizations identify potential security issues in their networks.
The company's business model is primarily subscription-based. Clients purchase annual subscriptions to access Tenable's platforms and services. This model ensures a steady revenue stream and allows clients to benefit from continuous updates and support. Tenable also offers professional services, customer education programs, and a community support system to enhance the value of its products.
Tenable makes money by selling these subscriptions and additional services to its clients. The company also provides specialized solutions like PCI ASV (Payment Card Industry Approved Scanning Vendor) services to help businesses comply with industry standards.
In summary, Tenable is a key player in the cybersecurity market, offering advanced tools and services to help organizations manage and mitigate cyber risks effectively.
Keywords: Cybersecurity, Vulnerability Management, Cloud-based, Operational Technology, Nessus, Tenable.io, Subscription Model, Risk Reduction, PCI Compliance, Critical Infrastructure.