Company: TENB
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001660280-25-000128
Chunk: 80

Company: Tenable Holdings, Inc.
Filing Date: 2025-11-04
Form: 10-Q
Item: Part I, Item 2
Chunk 80
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2,552)1,528 (656)1,626 Acquisition-related expenses(2)113 360 6,815 1,284 Restructuring(2)— — — 6,070 Amortization of acquired intangible assets(2)6,782 5,014 19,183 14,443 Tax impact of acquisitions(47)(52)(147)(130)Non-GAAP net income$51,438 $39,323 $137,125 $107,925 Net earnings (loss) per share, diluted$0.02 $(0.08)$(0.29)$(0.32)Stock-based compensation0.37 0.35 1.22 1.04 Tax impact of stock-based compensation(1)(0.02)0.01 (0.01)0.01 Acquisition-related expenses(2)— 0.01 0.06 0.01 Restructuring(2)— — — 0.05 Amortization of acquired intangible assets(2)0.05 0.04 0.16 0.12 Tax impact of acquisitions— — — — Adjustment to diluted earnings per share(3)— (0.01)(0.03)(0.03)Non-GAAP earnings per share, diluted$0.42 $0.32 $1.11 $0.88 Weighted-average shares used to compute GAAP net earnings (loss) per share, diluted121,953119,169120,516 118,466 Weighted-average shares used to compute non-GAAP earnings per share, diluted121,953123,288122,995123,206

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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 earnings (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