Company: TENB
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0001660280-25-000034
Chunk: 148

Company: Tenable Holdings, Inc.
Filing Date: 2025-02-24
Form: 10-K
Item: Item 8
Chunk 148
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187 311 — Total11,945 13,252 12,798 

98

13. Segment and Geographic Information

Segment InformationWe operate as one operating segment. Our Co-Chief Executive Officers, our CODMs, review financial information on a consolidated basis for purposes of making operating decisions, allocating resources and evaluating financial performance. Our CODMs review cost of sales expense, sales and marketing expense, research and development expense and general and administrative expense to assess our significant segment expenses, and review income (loss) from operations and net income (loss) to assess our operating performance. Our CODMs also review total assets, as reported on our consolidated balance sheets. See our consolidated statement of operations for our significant segment expenses, loss from operations and net loss in the periods presented.Geographic InformationRevenue by region, based on the address of the end user as specified in our subscription, license or service agreements, was as follows:Year Ended December 31,(in thousands)202420232022The Americas$558,068 $500,512 $432,734 Europe, Middle East and Africa239,741 205,851 175,767 Asia Pacific102,212 92,347 74,690 Revenue$900,021 $798,710 $683,191 Customers located in the United States accounted for 54%, 55% and 56% of revenue in 2024, 2023 and 2022, respectively. No other country accounted for 10% or more of revenue in the periods presented.Our property and equipment, net by geographic area is summarized as follows:December 31,(in thousands)20242023United States$33,101 $39,497 International6,164 5,939 Property and equipment, net$39,265 $45,436 

14. Benefit Plans

We maintain a defined contribution 401(k) plan for our U.S. employees, where company-matched contributions are fully vested. Additional contributory plans are in effect internationally, including in the U.K. and Ireland. Contribution expense for such plans was $9.8 million, $10.3 million and $9.7 million in 2024, 2023 and 2022, respectively.

15. Subsequent Events

In February 2025, we acquired Vulcan Cyber, an innovator in cyber risk management. This acquisition is expected to add enhanced visibility, extended third-party data flows, risk prioritization and optimized remediation