Tenable Holdings (TENB) Gross Margin (2017 - 2026)
Tenable Holdings (TENB) posted Gross Margin of 77.53% for Q2 2026, down 1.08% on a QoQ basis from 78.38% in Q1 2026, and down 46.0% year-over-year from 143.57% in Q2 2025.
Analysis
Tenable Holdings (TENB) Gross Margin (2017 - 2026) Analysis & Trends
Tenable Holdings has reported Gross Margin for 10 years, with the latest figure at 77.53% in Q2 2026.
- On a quarterly basis, Gross Margin fell 46.0% year-over-year to 77.53% in Q2 2026; TTM through Jun 2026 was 78.05%, a 5.0% increase from a year earlier, with the FY2025 full-year figure at 78.09%, up 28.0% from the prior year.
- Gross Margin was 77.53% for Q2 2026 at Tenable Holdings, down from 78.38% in the prior quarter.
- The five-year high for Gross Margin was 78.78% in Q4 2025, with the low at 75.5% in Q4 2022.
- Average Gross Margin over 5 years is 77.62%, with a median of 77.85% recorded in 2022.
- The sharpest annual moves came in 2022 and 2023: Gross Margin slumped 400 bps in 2022, then jumped 162 bps in 2023.
- Over 5 years, Gross Margin stood at 75.5% in 2022, then rose by 2 bps to 77.12% in 2023, then grew by 1 bps to 78.18% in 2024, then rose by 1 bps to 78.78% in 2025, then fell by 2 bps to 77.53% in 2026.
- The last three Gross Margin figures came in at 77.53% (Q2 2026), 78.38% (Q1 2026), and 78.78% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 269.46 Bn | 266.34 Bn | 2.03 Bn | 67.55% |
| 2 | CrowdStrike Holdings | 213.75 Bn | 208.74 Bn | 1.10 Bn | 74.57% |
| 3 | Fortinet | 115.33 Bn | 111.27 Bn | 1.64 Bn | 80.24% |
| 4 | Axon Enterprise | 40.70 Bn | 40.03 Bn | 546.45 Mn | 60.42% |
| 5 | Zscaler | 25.94 Bn | 22.46 Bn | - | - |
| 6 | F5 | 22.10 Bn | 20.50 Bn | 711.51 Mn | 82.25% |
| 7 | Rubrik | 18.86 Bn | 17.11 Bn | 335.12 Mn | 78.44% |
| 8 | Gen Digital | 17.83 Bn | 17.27 Bn | 1.03 Bn | 77.02% |
| 9 | Check Point Software Technologies | 14.27 Bn | 11.99 Bn | 574.10 Mn | 85.23% |
| 10 | Tenable Holdings | 3.72 Bn | 3.42 Bn | 208.18 Mn | 77.53% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 77.53% |
| Mar 31, 2026 | 78.38% |
| Dec 31, 2025 | 78.78% |
| Sep 30, 2025 | 77.52% |
| Jun 30, 2025 | 77.99% |
| Mar 31, 2025 | 78.06% |
| Dec 31, 2024 | 78.18% |
| Sep 30, 2024 | 77.76% |
| Jun 30, 2024 | 77.94% |
| Mar 31, 2024 | 77.34% |
| Dec 31, 2023 | 77.12% |
| Sep 30, 2023 | 77.30% |
| Jun 30, 2023 | 77.69% |
| Mar 31, 2023 | 75.90% |
| Dec 31, 2022 | 75.50% |
| Sep 30, 2022 | 77.93% |
| Jun 30, 2022 | 78.07% |
| Mar 31, 2022 | 78.08% |
| Dec 31, 2021 | 79.31% |
| Sep 30, 2021 | 80.48% |