Tenable's second quarter revenue and profit beat expectations, leading to a raised full-year outlook.

Tenable reported second quarter revenue of $268.5 million, an increase of 8.6% year-over-year, exceeding analyst expectations. The company posted non-GAAP diluted earnings per share of $0.51, also beating estimates, and subsequently raised its financial outlook for the full year.

Key Highlights

• Non-GAAP operating margin expanded significantly to 24.7%, an increase of 540 basis points from 19.3% in the same quarter last year.
• Tenable raised its full-year 2026 revenue guidance to a range of $1.075 billion to $1.081 billion and its non-GAAP EPS outlook to a range of $1.95 to $2.00.
• The company added 381 new enterprise platform customers and 32 net new six-figure customers during the quarter.
• Unlevered free cash flow for the quarter was $45.3 million, a slight increase from $44.3 million in the prior-year period.