Tenable Holdings (TENB) Operating Margin (2017 - 2026)
Tenable Holdings (TENB) posted Operating Margin of 4.61% for Q2 2026, up 37.75% on a QoQ basis from 3.34% in Q1 2026, and up 762.0% year-over-year from 0.53% in Q2 2025.
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Tenable Holdings (TENB) Operating Margin (2017 - 2026) Analysis & Trends
Tenable Holdings has reported Operating Margin for 10 years, with the latest figure at 4.61% in Q2 2026.
- On a quarterly basis, Operating Margin rose 762.0% year-over-year to 4.61% in Q2 2026; TTM through Jun 2026 was 3.56%, a 506.0% increase from a year earlier, with the FY2025 full-year figure at 0.92%, down 16.0% from the prior year.
- Operating Margin was 4.61% for Q2 2026 at Tenable Holdings, up from 3.34% in the prior quarter.
- The five-year high for Operating Margin was 5.5% in Q4 2024, with the low at 14.13% in Q2 2022.
- Average Operating Margin over 5 years is 3.68%, with a median of 4.06% recorded in 2024.
- The sharpest annual moves came in 2022 and 2024: Operating Margin tumbled 630 bps in 2022, then jumped 1223 bps in 2024.
- Over 5 years, Operating Margin stood at 7.63% in 2022, then increased by 12 bps to 6.73% in 2023, then surged by 182 bps to 5.5% in 2024, then sank by 38 bps to 3.4% in 2025, then surged by 36 bps to 4.61% in 2026.
- The last three Operating Margin figures came in at 4.61% (Q2 2026), 3.34% (Q1 2026), and 3.4% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 269.46 Bn | 266.34 Bn | 2.03 Bn | -6.10% |
| 2 | CrowdStrike Holdings | 213.75 Bn | 208.74 Bn | 1.10 Bn | -2.26% |
| 3 | Fortinet | 115.33 Bn | 111.27 Bn | 1.64 Bn | 33.66% |
| 4 | Axon Enterprise | 40.70 Bn | 40.03 Bn | 546.45 Mn | 5.17% |
| 5 | Zscaler | 25.94 Bn | 22.46 Bn | - | - |
| 6 | F5 | 22.10 Bn | 20.50 Bn | 711.51 Mn | 24.65% |
| 7 | Rubrik | 18.86 Bn | 17.11 Bn | 335.12 Mn | -16.83% |
| 8 | Gen Digital | 17.83 Bn | 17.27 Bn | 1.03 Bn | 33.16% |
| 9 | Check Point Software Technologies | 14.27 Bn | 11.99 Bn | 574.10 Mn | 27.48% |
| 10 | Tenable Holdings | 3.72 Bn | 3.42 Bn | 208.18 Mn | 4.61% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.61% |
| Mar 31, 2026 | 3.34% |
| Dec 31, 2025 | 3.40% |
| Sep 30, 2025 | 2.83% |
| Jun 30, 2025 | -3.01% |
| Mar 31, 2025 | -7.41% |
| Dec 31, 2024 | 5.50% |
| Sep 30, 2024 | -0.92% |
| Jun 30, 2024 | -3.99% |
| Mar 31, 2024 | -4.14% |
| Dec 31, 2023 | -6.73% |
| Sep 30, 2023 | -3.93% |
| Jun 30, 2023 | -5.51% |
| Mar 31, 2023 | -10.14% |
| Dec 31, 2022 | -7.63% |
| Sep 30, 2022 | -7.41% |
| Jun 30, 2022 | -14.13% |
| Mar 31, 2022 | -11.01% |
| Dec 31, 2021 | -8.63% |
| Sep 30, 2021 | -8.09% |