Tenable(US:TENB) Globenewswire·2025-04-29 20:05Core Insights - Tenable Holdings, Inc. reported strong financial results for Q1 2025, with revenue of $239.1 million, an 11% increase year-over-year, and calculated current billings of $215.4 million, up 9% year-over-year [6][7][34]. Financial Highlights - Revenue for Q1 2025 was $239.1 million, compared to $215.9 million in Q1 2024 [6][24]. - GAAP operating margin was (7)%, while Non-GAAP operating margin was 20% [6][39]. - Net cash provided by operating activities was $87.4 million, an increase from $50.3 million in Q1 2024 [6][32]. - Unlevered free cash flow reached $86.8 million, up from $54.7 million in the same quarter last year [6][34]. Business Developments - The company added 361 new enterprise platform customers and 54 net new six-figure customers during the quarter [6][7]. - Tenable completed the acquisition of Vulcan Cyber Ltd., enhancing its exposure management platform [6][7]. - The company released new capabilities, Identity 360 and Exposure Center, aimed at addressing identity risks [6][7]. Financial Outlook - For Q2 2025, Tenable expects revenue in the range of $241.0 million to $243.0 million [5]. - For the year ending December 31, 2025, the company anticipates revenue between $970.0 million and $980.0 million [11]. Market Position - Tenable serves approximately 44,000 customers globally, focusing on reducing cybersecurity risks through its AI-powered exposure management platform [9].