TENB (Tenable Holdings) Selling, General, & Admin. Expense: $550 Mil (TTM As of Mar. 2026)

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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TENB Tenable Holdings Inc TENB
72 GF Score
Price $32.25
GF Value $49.13
Valuation Possible Value Trap
! 2 Warning Signs
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What is Tenable Holdings Selling, General, & Admin. Expense?

Tenable Holdings TENB +2.06% 72 Selling, General, & Admin. Expense is $550 Mil as of Mar. 2026. GuruFocus rates TENB with a GF Score™ of 72/100 and a GF Value™ of $49.13 (Possible Value Trap). The stock has 2 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Tenable Holdings's selling, general, & admin. expense for the three months ended in Mar. 2026 was $138 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was $550 Mil.


Tenable Holdings  (NAS:TENB) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Tenable Holdings Selling, General, & Admin. Expense Related Terms


Tenable Holdings Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Tenable Holdings's Selling, General, & Admin. Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tenable Holdings Selling, General, & Admin. Expense Chart

Tenable Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 360.07 452.66 509.63 519.52 562.85

Tenable Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 151.17 141.07 132.29 138.33 138.43

TENB vs CLBT, BLSH, TDC: Selling, General, & Admin. Expense Comparison

For the Software - Infrastructure subindustry, Tenable Holdings's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tenable Holdings Selling, General, & Admin. Expense vs Software Industry

For the Software industry and Technology sector, Tenable Holdings's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Tenable Holdings's Selling, General, & Admin. Expense falls into.


TENB
72GF Score
Tenable Holdings Inc TENB
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Tenable Holdings Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $550 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Selling, General, & Admin. Expense of $550 Mil mean?
Tenable Holdings (TENB) has a Selling, General, & Admin. Expense of $550 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Tenable Holdings and its competitors.
Is Tenable Holdings' Selling, General, & Admin. Expense too high?
Tenable Holdings' current Selling, General, & Admin. Expense is $550 Mil. Overall, Tenable Holdings has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tenable Holdings' Selling, General, & Admin. Expense compare to CLBT and BLSH?
Tenable Holdings' Selling, General, & Admin. Expense of $550 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for a Software company?
A good Selling, General, & Admin. Expense depends on the Software industry context. However, Selling, General, & Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Tenable Holdings and its competitors. Tenable Holdings's current Selling, General, & Admin. Expense is $550 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tenable Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tenable Holdings (TENB) is currently considered Possible Value Trap. The stock's GF Value™ is $49.13, compared to a current price of $32.25 — trading 34.4% below its estimated fair value. The current Selling, General, & Admin. Expense is $550 Mil. Tenable Holdings' overall GF Score™ is 72/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Tenable Holdings (TENB), the current Selling, General, & Admin. Expense is $550 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tenable Holdings (TENB) Overvalued in 2026?

Based on GuruFocus' analysis, Tenable Holdings stock appears to be undervalued. The current stock price of $32.25 is trading 34.4% below its estimated GF Value™ of $49.13. GuruFocus considers Tenable Holdings to be Possible Value Trap.

Key valuation signals for TENB:

  • Selling, General, & Admin. Expense: $550 Mil
  • GF Value™: $49.13 vs. price of $32.25 (34.4% below fair value)
  • GF Score™: 72/100 with 2 warning signs

No single metric tells the full story. See the TENB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tenable Holdings Business Description

Address 6100 Merriweather Drive, 12th Floor, Columbia, MD, USA, 21044
Founded in 2002, Tenable is a cybersecurity company that began providing vulnerability management solutions under its Nessus software. In recent years, Tenable has expanded its portfolio to provide a broader range of exposure management modules. Solutions include cloud security and compliance, active directory management, operational technology security and advanced vulnerability analytics. The Maryland-based company went public in 2018.
72GF Score

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Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$32.25
Price
$49.13
GF Value