Q2 (QTWO) vs Tenable (TENB)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Tenable (TENB) has outperformed Q2 (QTWO) over the past year, gaining 33.4% versus a loss of 10.5%. Over five years, TENB leads with a -23.4% price change compared with -29.4% for QTWO. Tenable is the larger company by market cap ($4.29 billion vs $3.59 billion), about 1.2 times the size, while Q2 is growing revenue faster (+14.1% vs +11.0%).
On valuation, Q2 trades at a lower forward P/E (17.1x vs 17.9x for Tenable). Q2 converts more of its revenue into profit, with a net margin of 6.5% versus -3.6%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | QTWO | TENB |
|---|---|---|
| Share price | $57.63 | $38.94 |
| Market cap | $3.59B | $4.29B |
| 1-day change | +0.37% | -1.33% |
| YTD return | -20.14% | +65.49% |
| 1-year return | -10.51% | +33.40% |
| 5-year return | -29.37% | -23.42% |
| P/E ratio (TTM) | 40.87 | 649.00 |
| Forward P/E | 17.11 | 17.85 |
| EPS (TTM) | $1.41 | $0.06 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $794.81M | $999.40M |
| Revenue growth (YoY) | +14.12% | +11.04% |
| Net income (latest FY) | $52.01M | $-36.12M |
| Gross margin | 54.06% | 78.09% |
| Operating margin | 5.02% | -0.92% |
| Net margin | 6.54% | -3.61% |
| 52-week high | $76.24 | $43.67 |
| 52-week low | $40.79 | $15.73 |
| Distance from 52-week high | -24.41% | -10.83% |
| Analyst consensus | none | hold |
| Avg. price target upside | +32.74% | -9.22% |
| Average volume | 744.20K | 4.06M |
| Shares outstanding | 62.35M | 110.14M |
| Employees | 2,548 | 1,995 |
| Sector | Technology | Technology |
| Industry | Computer Software: Prepackaged Software | Computer Software: Prepackaged Software |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- TENB has outperformed QTWO by 43.9 percentage points over the past year.
- Tenable trades at a higher earnings multiple (649.0x vs 40.9x trailing P/E).
- Q2 is more profitable, keeping 6.5 cents of every revenue dollar as net income versus -3.6 cents for Tenable.
About Q2
QTWO stock →Q2 Holdings, Inc. provides digital solutions to financial institutions, financial technology companies, FinTechs, and alternative finance companies (Alt-FIs) in the United States.
Technology · Computer Software: Prepackaged Software · 2,548 employees
About Tenable
TENB stock →Tenable Holdings, Inc. provides cyber exposure management solutions in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan.
Technology · Computer Software: Prepackaged Software · 1,995 employees
QTWO vs TENB FAQ
Which is bigger, Q2 or Tenable?
Tenable (TENB) is larger, with a market capitalization of $4.29B compared with $3.59B for Q2 (QTWO).
Which stock has performed better over the past year, QTWO or TENB?
TENB returned +33.40% over the past 12 months, compared with -10.51% for QTWO (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, QTWO or TENB?
QTWO has the lower trailing P/E at 40.9, versus 649.0 for TENB. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Q2 and Tenable in the same industry?
Yes. Both are classified in the Computer Software: Prepackaged Software industry within the Technology sector.