Tenable Holdings (TENB) FCF Margin (2017 - 2026)
Tenable Holdings (TENB) posted FCF Margin of 15.1% for Q2 2026, down 53.58% on a QoQ basis from 32.52% in Q1 2026, and down 32.0% year-over-year from 22.2% in Q2 2025.
Analysis
Tenable Holdings (TENB) FCF Margin (2017 - 2026) Analysis & Trends
Tenable Holdings has reported FCF Margin for 10 years, with the latest figure at 15.1% in Q2 2026.
- On a quarterly basis, FCF Margin fell 32.0% year-over-year to 15.1% in Q2 2026; TTM through Jun 2026 was 25.05%, a 160.0% decrease from a year earlier, with the FY2025 full-year figure at 25.48%, up 203.0% from the prior year.
- FCF Margin was 15.1% for Q2 2026 at Tenable Holdings, down from 32.52% in the prior quarter.
- The five-year high for FCF Margin was 34.19% in Q4 2024, with the low at 13.19% in Q2 2024.
- Average FCF Margin over 5 years is 21.41%, with a median of 19.54% recorded in 2023.
- The sharpest annual moves came in 2022 and 2024: FCF Margin slumped 1163 bps in 2022, then jumped 1724 bps in 2024.
- Over 5 years, FCF Margin stood at 16.74% in 2022, then increased by 1 bps to 16.95% in 2023, then jumped by 102 bps to 34.19% in 2024, then retreated by 7 bps to 31.74% in 2025, then plunged by 52 bps to 15.1% in 2026.
- The last three FCF Margin figures came in at 15.1% (Q2 2026), 32.52% (Q1 2026), and 31.74% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 269.46 Bn | 266.34 Bn | 2.03 Bn | 26.25% |
| 2 | CrowdStrike Holdings | 213.75 Bn | 208.74 Bn | 1.10 Bn | 27.59% |
| 3 | Fortinet | 115.33 Bn | 111.27 Bn | 1.64 Bn | 47.15% |
| 4 | Axon Enterprise | 40.70 Bn | 40.03 Bn | 546.45 Mn | -0.11% |
| 5 | Zscaler | 25.94 Bn | 22.46 Bn | - | - |
| 6 | F5 | 22.10 Bn | 20.50 Bn | 711.51 Mn | 32.44% |
| 7 | Rubrik | 18.86 Bn | 17.11 Bn | 335.12 Mn | 16.68% |
| 8 | Gen Digital | 17.83 Bn | 17.27 Bn | 1.03 Bn | 32.19% |
| 9 | Check Point Software Technologies | 14.27 Bn | 11.99 Bn | 574.10 Mn | 26.23% |
| 10 | Tenable Holdings | 3.72 Bn | 3.42 Bn | 208.18 Mn | 15.10% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.10% |
| Mar 31, 2026 | 32.52% |
| Dec 31, 2025 | 31.74% |
| Sep 30, 2025 | 20.99% |
| Jun 30, 2025 | 15.41% |
| Mar 31, 2025 | 33.81% |
| Dec 31, 2024 | 34.19% |
| Sep 30, 2024 | 23.53% |
| Jun 30, 2024 | 13.19% |
| Mar 31, 2024 | 22.13% |
| Dec 31, 2023 | 16.95% |
| Sep 30, 2023 | 20.10% |
| Jun 30, 2023 | 14.56% |
| Mar 31, 2023 | 19.98% |
| Dec 31, 2022 | 16.74% |
| Sep 30, 2022 | 19.10% |
| Jun 30, 2022 | 16.43% |
| Mar 31, 2022 | 18.86% |
| Dec 31, 2021 | 14.67% |
| Sep 30, 2021 | 13.31% |