Company: TENB
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001660280-25-000090
Chunk: 27

Company: Tenable Holdings, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 27
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 operating results over multiple periods. 

25

The following table presents a reconciliation of net loss and net loss per share, the most comparable financial measures calculated in accordance with GAAP, to non-GAAP net income and non-GAAP earnings per share:

Three Months Ended June 30,Six Months Ended June 30,(in thousands, except for per share amounts)2025202420252024Net loss$(14,706)$(14,572)$(37,641)$(28,958)Stock-based compensation46,526 41,398 102,429 81,117 Tax impact of stock-based compensation(1)1,041 1,175 1,896 98 Acquisition-related expenses(2)2,081 763 6,702 924 Restructuring(2)— 4,681 — 6,070 Amortization of acquired intangible assets(2)6,537 4,760 12,401 9,429 Tax impact of acquisitions(42)(43)(100)(78)Non-GAAP net income$41,437 $38,162 $85,687 $68,602 Net loss per share, diluted$(0.12)$(0.12)$(0.31)$(0.25)Stock-based compensation0.38 0.35 0.85 0.69 Tax impact of stock-based compensation(1)0.01 0.01 0.02 — Acquisition-related expenses(2)0.02 — 0.05 0.01 Restructuring(2)— 0.04 — 0.05 Amortization of acquired intangible assets(2)0.05 0.04 0.10 0.08 Tax impact of acquisitions— — — — Adjustment to diluted earnings per share(3)— (0.01)(0.02)(0.02)Non-GAAP earnings per share, diluted$0.34 $0.31 $0.69 $0.56 Weighted-average shares used to compute GAAP net loss per share, diluted120,979118,681120,533 118,111 Weighted-average shares used to compute non-GAAP earnings per share, diluted122,875123,056123,516123,161

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(1)    The tax impact of stock-based compensation