Company: TENB
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001660280-25-000128
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Company: Tenable Holdings, Inc.
Filing Date: 2025-11-04
Form: 10-Q
Item: Part I, Item 1
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Table of Contents

PART I. FINANCIAL INFORMATION

 Item 1.        Financial Statements

TENABLE HOLDINGS, INC.

CONSOLIDATED BALANCE SHEETSSeptember 30, 2025December 31, 2024(in thousands, except per share data)(unaudited)Assets Current assets:Cash and cash equivalents$171,852 $328,647 Short-term investments211,719 248,547 Accounts receivable (net of allowance for doubtful accounts of $845 and $525 at September 30, 2025 and December 31, 2024, respectively)200,993 258,734 Deferred commissions50,582 51,791 Prepaid expenses and other current assets44,186 53,026 Total current assets 679,332 940,745 Property and equipment, net 40,471 39,265 Deferred commissions (net of current portion)64,518 67,914 Operating lease right-of-use assets35,488 45,139 Acquired intangible assets, net122,078 94,461 Goodwill697,886 541,292 Other assets 12,849 13,303 Total assets $1,652,622 $1,742,119 Liabilities and Stockholders’ EquityCurrent liabilities: Accounts payable and accrued expenses$20,089 $19,981 Accrued compensation48,429 55,784 Deferred revenue639,614 650,372 Operating lease liabilities8,327 6,801 Other current liabilities3,852 5,154 Total current liabilities 720,311 738,092 Deferred revenue (net of current portion) 170,889 182,815 Term loan, net of issuance costs (net of current portion)354,820 356,705 Operating lease liabilities (net of current portion)52,053 56,224 Other liabilities 10,173 8,329 Total liabilities 1,308,246 1,342,165 Stockholders’ equity:Common stock (par value: $0.01; 500,000 shares authorized; 128,348 and 122,371 shares issued at September 30, 2025 and December 31, 2024, respectively)1,283 1,224 Additional paid-in capital1,540,611 1,374,659 Treasury stock (