Core Insights - Tenable Holdings, Inc. reported better-than-expected financial results for Q3 2025, driven by strong demand for its Tenable One Exposure Management platform, reflecting a shift in the cybersecurity industry towards proactive risk management [2][6][7]. Financial Highlights - Revenue for Q3 2025 was $252.4 million, representing an 11% year-over-year growth [6][7]. - Calculated current billings reached $267.5 million, an 8% increase year-over-year [6][7]. - GAAP operating margin improved to 2.8%, compared to a loss of 0.9% in Q3 2024 [6][7]. - Non-GAAP operating margin increased to 23.3%, up 350 basis points year-over-year [6][7]. - GAAP net income was $2.3 million, a significant recovery from a loss of $9.2 million in Q3 2024 [6][7]. - Non-GAAP net income was $51.4 million, compared to $39.3 million in the same quarter last year [6][7]. Business Developments - The company added 437 new enterprise platform customers and 38 new six-figure customers during the quarter [6][7]. - Tenable launched Tenable AI Exposure, a solution aimed at managing risks associated with generative AI [6][7]. - The company was recognized as a "Leader" in Worldwide Exposure Management by IDC and Unified Vulnerability Management by Forrester [6][7]. Financial Outlook - For Q4 2025, Tenable expects revenue in the range of $249.1 million to $253.1 million [11]. - For the full year ending December 31, 2025, revenue is projected to be between $988.0 million and $992.0 million [11].

Company Overview - Tenable has been recognized as a Leader in the IDC MarketScape: Worldwide Exposure Management 2025 Vendor Assessment, highlighting its strong position in the exposure management sector [1] - The company's flagship platform, Tenable One, is noted for its ability to unify visibility, insight, and action across various attack surfaces, including IT, cloud, AI, identity, and operational technology [2][3] Product Features - Tenable One offers over 300 integrations, making it the most interconnected exposure management platform available [2] - The platform provides a complete, contextualized view of risk and advanced prioritization, enabling organizations to focus on critical areas [2][3] - Tenable's AI-driven analytics enhance risk prioritization and accelerate response times, with features like generative AI for remediation guidance and attack path generation [3][6] Market Insights - The IDC MarketScape emphasizes the need for proactive cybersecurity solutions that offer comprehensive attack surface visibility and risk prioritization [3] - Organizations are encouraged to consider Tenable One for its ability to consolidate siloed risk data and integrate both Tenable-native and third-party data sources [3] - The report highlights the importance of addressing security silos as attack surfaces expand, particularly with the rise of AI [3] Recent Developments - Tenable has introduced Tenable AI Exposure, a solution designed to manage risks associated with generative AI, which is integrated into Tenable One [3] - The company has also enhanced its Vulnerability Priority Rating (VPR) using generative AI to improve precision in identifying significant risks [3]

Core Insights - Tenable has announced enhancements to its Vulnerability Priority Rating (VPR) system, utilizing generative AI to improve precision in identifying risks that pose the greatest threat to organizations [1][2]. Group 1: Tenable VPR Enhancements - The updated Tenable VPR now identifies only 1.6% of vulnerabilities as critical, significantly narrowing down from the 60% flagged by the Common Vulnerability Scoring System (CVSS) [2]. - The AI-driven enhancements provide twice the clarity and precision, allowing organizations to focus on vulnerabilities that represent actual business risks [2]. - Enhanced explainability and contextualization lead to faster mean-time-to-remediation and optimized resource allocation [2]. Group 2: User Experience and Feedback - Users, such as Jorge Orchilles from Verizon, have reported that Tenable VPR has significantly reduced the noise from thousands of vulnerabilities, enabling a focus on genuine threats [3]. - The system allows organizations to visualize the importance of exposures, their vulnerabilities, and how to address priority risks effectively [3]. Group 3: Key Features of Tenable VPR - AI-powered insights provide instant clarity on why an exposure matters, how it has been weaponized, and actionable mitigation guidance [4]. - Enhanced filtering and querying capabilities allow organizations to prioritize vulnerabilities based on real-world threats specific to their industry and region [4]. Group 4: Company Overview - Tenable is recognized as an exposure management company that helps organizations close cybersecurity gaps, thereby protecting business value, reputation, and trust [6]. - The company serves approximately 44,000 customers globally, providing a unified platform for security visibility and action across various environments [6].