Revenue for fiscal year 2025 increased by 11% to $999.4 million, up from $900.0 million in 2024. Net loss improved to $36.1 million in 2025, compared to $36.3 million in 2024 and $78.3 million in 2023. Net cash provided by operating activities significantly increased to $266.8 million in 2025, from $217.5 million in 2024. Backlog surged to $159.9 million at December 31, 2025, a substantial increase from $33.2 million in 2024. The company acquired Apex Security, Inc. for $47.8 million in June 2025 and Vulcan Cyber Ltd. for $148.5 million in February 2025, enhancing its AI security and cyber risk management capabilities. Tenable's customer base grew to over 40,000, including approximately 65% of the Fortune 500 and 50% of the Global 2000. Customers with annual contract value of $100,000 or greater increased to 2,161 in 2025 from 1,988 in 2024. The dollar-based net expansion rate was 106% in 2025, a decrease from 108% in 2024 and 111% in 2023. A share repurchase program was increased to a total authorization of $700 million, with $362.4 million purchased through December 31, 2025. International revenue accounted for 47% of total revenue in 2025, up from 46% in 2024.