Tenable Announces Agreement With GSA OneGov to Further Invest in FedRAMP-Authorized Cloud Security Capabilities

Rhea-AI Summary

Tenable (NASDAQ: TENB) announced a OneGov agreement with the U.S. General Services Administration to offer its FedRAMP-authorized Tenable Cloud Security to federal agencies, including the Department of Defense, at a discount through March 31, 2027. The solution is presented as a CNAPP that provides unified visibility across multi-cloud infrastructure, identities, and workloads, supports Zero Trust and continuous compliance, and extends protection to AI resources to help accelerate secure cloud adoption across the federal government.

Positive

• OneGov agreement with GSA to distribute FedRAMP-authorized solution
• Discounted access for federal agencies, including DoD, through March 31, 2027
• Tenable Cloud Security delivered as a CNAPP with unified multi-cloud visibility
• Supports Zero Trust, identity risk management, and continuous federal compliance

Negative

• None.

Key Figures

Q3 2025 revenue $252.4M From Q3 2025 results in recent filings

Revenue growth 11% YoY Q3 2025 vs prior-year quarter

GAAP net income $2.3M Q3 2025, return to profitability

Non-GAAP diluted EPS $0.42 Q3 2025, up from $0.32

Share repurchases 2.0M shares for $60.0M Q3 2025 capital return activity

52-week range $25.28–$45.4445 Pre-news trading range for TENB

Price vs 52-week high -41% Position relative to 52-week high before this news

Market cap $3,169,783,705 Equity value prior to the announcement

Market Reality Check

$26.81 Last Close

Volume Volume 1,231,092 is 9% above the 20-day average of 1,133,668 before this news. normal

Technical Shares at $26.81 were trading below the 200-day MA of $31.48 ahead of the announcement.

Peers on Argus

Before this news, TENB was up 0.94% with modestly elevated volume, while key software peers like AVPT, CALX and QLYS also showed gains but no peers appeared in the momentum scanner, suggesting a more stock-specific setup than a broad sector move.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Nov 18	Investor conferences	Neutral	-1.0%	Management highlighted upcoming December investor conference appearances.
Nov 10	Industry recognition	Positive	-0.0%	Named a Leader in Gartner’s 2025 Magic Quadrant for exposure platforms.
Oct 29	Q3 2025 earnings	Positive	-5.6%	Q3 revenue growth, return to GAAP profitability and share repurchases.
Oct 15	Earnings date notice	Neutral	+0.7%	Announced timing and access details for Q3 2025 earnings release.
Sep 18	Strategic initiative	Positive	+1.9%	Formed Exposure Management Leadership Council and released inaugural report.

Pattern Detected

Recent positive corporate news and solid earnings have often been followed by flat to negative next-day moves, indicating a tendency toward muted or contrarian reactions.

Recent Company History

Over the last few months, Tenable reported stronger fundamentals and several brand-building milestones. Q3 2025 results on Oct 29 showed higher revenue, profitability and share repurchases, yet the stock fell 5.63% the next day. Recognitions such as being named a Leader in Gartner’s 2025 Magic Quadrant and initiatives like the Exposure Management Leadership Council saw neutral to slightly negative price reactions. This announcement fits into a pattern of strategic positioning in exposure management and government-focused cybersecurity.

Market Pulse Summary

This announcement highlights a GSA OneGov agreement to provide FedRAMP-authorized cloud security to U.S. federal agencies, including the DoD, through March 31, 2027. It builds on Tenable’s exposure management positioning and recent Q3 2025 results, which showed revenue of $252.4M, profitability and ongoing share repurchases. Investors may track execution in the federal channel, integration of AI and Zero Trust capabilities, and whether future earnings updates show durable growth linked to this public sector expansion.

Key Terms

zero trust technical

"Support Zero Trust initiatives by delivering identity risk management"

Zero trust is a security approach that assumes no one, whether inside or outside an organization, should be automatically trusted. Instead, every access request is carefully verified before being granted, much like checking ID at every door rather than trusting someone just because they are known. For investors, it emphasizes the importance of protecting digital assets and data from potential breaches, reducing overall risk.

AI-generated analysis. Not financial advice.

Partnership strengthens public sector cloud security to proactively reduce cyber risk

COLUMBIA, Md., Dec. 11, 2025 (GLOBE NEWSWIRE) -- Tenable® (NASDAQ: TENB), the exposure management company, today announced a OneGov agreement with the U.S. General Services Administration (GSA) to deliver its FedRAMP-authorized Cloud Security solution to U.S. federal agencies, including the Department of Defense (DoD) at a discount through March 31, 2027. Tenable Cloud Security provides unified visibility and control across multi-cloud environments, enables agencies to protect sensitive data, and modernizes cloud infrastructure with confidence.

The agreement positions Tenable to support the federal government’s cloud-first policy by accelerating secure cloud adoption and equipping agencies with the insight and resilience to safeguard mission-critical systems, ensure operational continuity, and maintain public trust.

"Cybersecurity is increasingly becoming synonymous with national security and is directly impacted by the public sector’s move to the cloud,” said Tenable Co-CEO Steve Vintz. “With our FedRAMP-authorized cloud security solution, Tenable is proud to help federal agencies stay ahead of evolving threats, strengthen resilience, and secure the cloud-first future of government as part of a holistic approach to exposure management."

"Robust cybersecurity is essential for implementing AI into federal government workflows while simultaneously protecting American citizens' data and information, a crucial component in supporting the White House's AI Action Plan," said FAS Commissioner Josh Gruenbaum. "This OneGov agreement with Tenable will enable federal agencies to secure their networks and data more easily and cost-effectively."

Tenable is a long-time trusted government partner with a deep understanding of the public sector’s unique needs and requirements. This partnership reinforces that commitment, combining Tenable’s proven expertise in securing complex environments with GSA’s ability to deliver critical technology at scale. Built to secure sensitive government cloud environments, Tenable Cloud Security is a comprehensive CNAPP (Cloud Native Application Protection Platform) that empowers federal agencies to:

• Protect mission-critical cloud environments with unified visibility across infrastructure, identities and workloads.
• Support Zero Trust initiatives by delivering identity risk management and enforcing least privilege.
• Ensure continuous compliance with evolving federal cybersecurity standards
• Extend protection to emerging technologies with comprehensive visibility and intuitive analysis of AI resources across multi-cloud environments.

Together, Tenable and the GSA are equipping federal agencies with the tools they need to modernize confidently and reduce risk in the cloud era.

About GSA
GSA provides centralized procurement and shared services for the federal government. GSA manages a nationwide real estate portfolio of over 360 million rentable square feet, oversees more than $110 billion in products and services via federal contracts, and delivers technology services that serve millions of people across dozens of federal agencies. GSA’s mission is to deliver the best customer experience and value in real estate, acquisition, and technology services to the government and the American people. For more information, visit GSA.gov and follow us at @USGSA.

About Tenable
Tenable® is the exposure management company, exposing and closing the cybersecurity gaps that erode business value, reputation and trust. The company’s AI-powered exposure management platform radically unifies security visibility, insight and action across the attack surface, equipping modern organizations to protect against attacks from IT infrastructure to cloud environments to critical infrastructure and everywhere in between. By protecting enterprises from security exposure, Tenable reduces business risk for approximately 44,000 customers around the globe. Learn more at tenable.com.

Media Contact:
Tenable
tenablepr@tenable.com

FAQ

What did Tenable (TENB) announce about its agreement with GSA on December 11, 2025?

Tenable announced a OneGov agreement with GSA to deliver its FedRAMP-authorized Cloud Security solution to federal agencies, with a discount through March 31, 2027.

Which federal agencies can access Tenable Cloud Security under the OneGov agreement?

The agreement covers U.S. federal agencies, specifically noting access for the Department of Defense as eligible for the discounted offering.

How does Tenable Cloud Security support federal cloud initiatives under the TENB GSA deal?

The solution offers unified visibility across infrastructure, identities, and workloads, supports Zero Trust identity risk management, and helps ensure continuous compliance with federal standards.

Is Tenable Cloud Security FedRAMP authorized under the TENB OneGov agreement?

Yes. The announcement states Tenable Cloud Security is FedRAMP-authorized for delivery to federal agencies.

How long is the discount for federal agencies, including DoD, under the TENB GSA OneGov agreement?

The discount is available through March 31, 2027.

Does the TENB GSA agreement mention AI protections in cloud environments?

Yes. The announcement says Tenable Cloud Security extends protection with visibility and analysis of AI resources across multi-cloud environments.