Company: TENB
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001660280-25-000090
Chunk: 51

Company: Tenable Holdings, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 2
Chunk 51
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,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 is based on the tax treatment for the applicable tax jurisdictions.

(2)    The tax impact of acquisition-related expenses, restructuring and the amortization of acquired intangible assets are not material.

(3)    An adjustment to reconcile GAAP net loss per share, which excludes potentially dilutive shares, to non-GAAP earnings per share, which includes potentially dilutive shares.

Components of Our Results of Operations

Revenue 

We generate revenue from subscription arrangements for our software and cloud-based solutions, perpetual licenses, maintenance associated with perpetual licenses and professional services. We begin to recognize revenue when control of our software or services is transferred to the customer, which for sales made through our channel network