Enable Holdings, Inc. Q2 2026 Earnings Recap

Tenable’s Q2 results outpaced expectations, driving a 3.8% stock gain as larger deal sizes and accelerated net dollar expansion demonstrated strong traction with the Tenable One platform amid growing AI-driven cybersecurity demand.

Key Takeaways

• Tenable One accounted for 50% of new business this quarter, marking a continued upward trend in adoption.
• Net dollar expansion rate increased to 106%, the first acceleration in many quarters, reflecting successful upselling and deal expansion.
• Larger land and expansion deals were driven by higher demand for Tenable One Advanced, fueled by evolving AI threat concerns.
• Tenable expanded AI capabilities with Hexa, an agentic orchestration engine, and broadened coverage for AI exposure risks across major AI models.
• Strategic partnerships with Anthropic and OpenAI provided early insights into emerging AI threats and access to nonpublic models, bolstering competitive positioning.