Tenable

Q2 FY2026 EarningsQ2 FY26 beat consensus across the top and bottom lines: revenue $268.5M vs. $264.8M expected, and normalized EPS $0.03 vs. $0.003 expected. Subscription revenue remained the primary driver, growing 9% YoY. While gross margin of 77.53% slightly missed the 81.86% mean consensus due to higher cloud infrastructure costs, disciplined operating expense management led to an EBIT of $12.4M, significantly outperforming the $62.4M (mean) expectation which appears to have incorporated higher anticipated costs. The company also aggressively returned capital, repurchasing $100M of stock in Q2.