Tenable Holdings (TENB) Invested Capital (2017 - 2026)
Tenable Holdings' Invested Capital came in at $551.38 million for Q2 2026, down 21.9% from $706.14 million a year earlier and down 8.4% from the prior quarter.
Tenable Holdings (TENB) Invested Capital (2017 - 2026) Analysis & Trends
For FY2025, Tenable Holdings' Invested Capital was $680.59 million, down 10.1% from FY2024.
- Invested Capital carries a five-year compound annual growth rate of 35.2% (FY2020 to FY2025).
- Going back by year, Invested Capital was $756.66 million in FY2024 (+7.2%), $705.63 million in FY2023 (+11.5%), $632.84 million in FY2022 (+9.1%) and $580.04 million in FY2021 (+285.0%).
- The Q2 2026 figure represents the lowest quarterly Invested Capital since Q4 2020.
- Year-over-year, Invested Capital has declined for five consecutive quarters, with an average decline of 5.3% over the last eight quarters.
- The fastest year-over-year change in Invested Capital over five years came in Q4 2021 (growth of 285.0%), and the weakest in Q2 2026 (a decline of 21.9%).
- Business Quant data shows TENB's Invested Capital at $601.81 million (Q1 2026), $680.59 million (Q4 2025) and $699.2 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 322.94 Bn | 308.02 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 272.46 Bn | 252.90 Bn | 1.10 Bn | 5.89 Bn |
| 3 | Fortinet | 131.11 Bn | 117.04 Bn | 1.64 Bn | 2.05 Bn |
| 4 | Snowflake | 120.49 Bn | 107.81 Bn | 1.04 Bn | - |
| 5 | Datadog | 99.24 Bn | 80.88 Bn | 881.34 Mn | - |
| 6 | Okta | 35.54 Bn | 25.63 Bn | 641.00 Mn | 6.97 Bn |
| 7 | Axon Enterprise | 34.30 Bn | 28.82 Bn | 546.45 Mn | 5.41 Bn |
| 8 | Zscaler | 32.41 Bn | 18.53 Bn | - | - |
| 9 | Baidu | 29.12 Bn | -44.51 Bn | 1.47 Mn | 51.45 Bn |
| 10 | Tenable Holdings | 3.98 Bn | 2.53 Bn | 208.18 Mn | 551.38 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 551.38 Mn |
| Mar 31, 2026 | 601.81 Mn |
| Dec 31, 2025 | 680.59 Mn |
| Sep 30, 2025 | 699.20 Mn |
| Jun 30, 2025 | 706.14 Mn |
| Mar 31, 2025 | 739.23 Mn |
| Dec 31, 2024 | 756.66 Mn |
| Sep 30, 2024 | 761.89 Mn |
| Jun 30, 2024 | 721.53 Mn |
| Mar 31, 2024 | 717.57 Mn |
| Dec 31, 2023 | 705.63 Mn |
| Sep 30, 2023 | 703.61 Mn |
| Jun 30, 2023 | 675.17 Mn |
| Mar 31, 2023 | 652.97 Mn |
| Dec 31, 2022 | 632.84 Mn |
| Sep 30, 2022 | 622.53 Mn |
| Jun 30, 2022 | 600.93 Mn |
| Mar 31, 2022 | 591.03 Mn |
| Dec 31, 2021 | 580.04 Mn |
| Sep 30, 2021 | 563.44 Mn |
Tenable Holdings Invested Capital 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=invested-capital&ticker=TENB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=TENB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();