Tenable Holdings (TENB) FCF Margin (2017 - 2026)
Tenable Holdings (TENB) reported FCF Margin of 16.14% for Q2 2026, up 0.73 percentage points from 15.41% a year earlier but down 16.44 percentage points from the prior quarter.
Tenable Holdings (TENB) FCF Margin (2017 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Tenable Holdings' FCF Margin came in at 25.34%, down 1.17 percentage points year-over-year; for FY2025, it was 25.48%, up 1.79 percentage points from FY2024.
- FCF Margin has increased for six consecutive years, with a five-year change of +15.18 percentage points (FY2020 to FY2025).
- By year, FCF Margin came in at 23.69% in FY2024 (+5.14 pp), 18.55% in FY2023 (+0.72 pp), 17.83% in FY2022 (+0.66 pp) and 17.16% in FY2021 (+6.86 pp).
- Five-year quarterly FCF Margin spans a low of 13.31% in Q3 2021 and a high of 33.81% in Q1 2025.
- Year over year, FCF Margin gained in five of the last eight quarters, with an average year-over-year change of +3.21 percentage points.
- The high point for year-over-year FCF Margin in five years was Q4 2024 (a gain of 15.56 percentage points); the low point was Q1 2022 (a drop of 11.13 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 32.58% (Q1 2026), 31.74% (Q4 2025) and 20.99% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | 36.77% |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | 27.59% |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 47.15% |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | 5.42% |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 27.28% |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | -0.11% |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 28.94% |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 47.16% |
| 10 | Tenable Holdings | 3.80 Bn | 2.35 Bn | 208.18 Mn | 16.14% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.14% |
| Mar 31, 2026 | 32.58% |
| Dec 31, 2025 | 31.74% |
| Sep 30, 2025 | 20.99% |
| Jun 30, 2025 | 15.41% |
| Mar 31, 2025 | 33.81% |
| Dec 31, 2024 | 33.43% |
| Sep 30, 2024 | 23.72% |
| Jun 30, 2024 | 13.97% |
| Mar 31, 2024 | 23.00% |
| Dec 31, 2023 | 17.86% |
| Sep 30, 2023 | 20.94% |
| Jun 30, 2023 | 15.12% |
| Mar 31, 2023 | 20.31% |
| Dec 31, 2022 | 15.00% |
| Sep 30, 2022 | 19.42% |
| Jun 30, 2022 | 17.82% |
| Mar 31, 2022 | 19.36% |
| Dec 31, 2021 | 14.67% |
| Sep 30, 2021 | 13.31% |
Tenable Holdings FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=TENB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "TENB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=TENB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();