• Tenable Holdings average gross margin for 2023 was 76.7%, a 2.18% increase from 2022.
• Tenable Holdings average gross margin for 2022 was 78.41%, a 3.91% decline from 2021.
• Tenable Holdings average gross margin for 2021 was 81.6%, a 0.89% decline from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.