Tempus AI, Inc. (TEM) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Jul 30, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the TEM SEC filings page.
Tempus AI, Inc. (TEM) reported $1.4B in revenue over the twelve months to Jun 30, 2026, up 50.4% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Revenue expansion is improving loss margins, but the model still requires external financing while cash generation remains negative.
Revenue grew83.4% from FY2024 to FY2025, while operating margin improved sharply. With SG&A slightly lower, the pattern points to fixed-cost absorption rather than simple top-line expansion.
Equity increased from
The 2025 net loss of
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Tempus AI, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Tempus AI, Inc. has an operating margin of -19.9%, meaning the company loses $20 on every $100 of revenue. This results in a profitability score of 20/100. This is up from -99.7% the prior year.
Tempus AI, Inc.'s revenue surged 83.4% year-over-year to $1.3B, reflecting rapid business expansion. This strong growth earns a score of 95/100.
Tempus AI, Inc. has elevated debt relative to equity (D/E of 3.63), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 17/100, reflecting increased financial risk.
With a current ratio of 3.13, Tempus AI, Inc. holds $3.13 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 80/100.
Tempus AI, Inc.'s operations used $218.1M of cash, and capex of $21.0M added to the outflow, for a free cash flow shortfall of $239.1M. This results in a cash flow score of 7/100.
Tempus AI, Inc. posts a -49.9% return on equity (ROE), meaning it loses $50 for every $100 of shareholders' equity. This results in a returns score of 18/100. This is up from -1252.8% the prior year.
Tempus AI, Inc. scores 3.47, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($12.9B) relative to total liabilities ($1.8B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Tempus AI, Inc. passes 3 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, neither operating efficiency signal passes.
Tempus AI, Inc. reported a net loss of $245.0M while operations used $218.1M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Tempus AI, Inc. reported an operating loss of $252.9M against $70.3M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Tempus AI, Inc. generated $382.5M in revenue in Q2 2026. This represents an increase of 21.6% from the same quarter a year earlier. Against the prior quarter it is up 9.9%.
Tempus AI, Inc.'s EBITDA was -$68.8M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 28.8% from the same quarter a year earlier. Against the prior quarter it is up 11.0%.
Tempus AI, Inc. reported $5.6M in net income in Q2 2026. This represents an increase of 113.2% from the same quarter a year earlier. Against the prior quarter it is up 104.5%.
Tempus AI, Inc. earned $0.03 per diluted share (EPS) in Q2 2026. This represents an increase of 112.0% from the same quarter a year earlier. Against the prior quarter it is up 104.2%.
Cash & Balance Sheet
Tempus AI, Inc. recorded an outflow of $13.7M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents a decrease of 137.2% from the same quarter a year earlier. Against the prior quarter it is up 83.2%.
Tempus AI, Inc. held $599.6M in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Margins & Returns
Tempus AI, Inc.'s operating margin was -19.9% in Q2 2026, reflecting core business profitability. This is down 0.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.5 percentage points.
Tempus AI, Inc.'s net profit margin was 1.5% in Q2 2026, showing the share of revenue converted to profit. This is up 15.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 37.6 percentage points.
Tempus AI, Inc.'s ROE was 1.3% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 15.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 31.5 percentage points.
Not reported for Q2 2026.
Capital Allocation
Tempus AI, Inc. invested $52.6M in research and development in Q2 2026. This represents an increase of 26.5% from the same quarter a year earlier. Against the prior quarter it is up 9.1%.
Tempus AI, Inc. invested $6.1M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 18.5% from the same quarter a year earlier. Against the prior quarter it is down 25.3%.
Not reported for Q2 2026.
TEM Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $382.5M+21.6% | $348.1M+36.1% | $367.2M+83.0% | $334.2M+84.7% | $314.6M+89.6% | $255.7M+75.4% | $200.7M | $180.9M+33.0% |
| R&D Expenses | $52.6M+26.5% | $48.2M+34.5% | $50.5M+70.4% | $45.0M+64.4% | $41.6M-38.8% | $35.9M+47.4% | $29.6M | $27.3M+17.7% |
| SG&A Expenses | $225.8M+25.0% | $212.6M+37.5% | $208.5M+87.4% | $187.9M+85.2% | $180.7M-61.0% | $154.6M+94.3% | $111.3M | $101.4M+42.0% |
| Operating Income | -$75.9M-22.9% | -$84.7M-23.3% | -$61.4M-21.1% | -$61.0M-13.8% | -$61.8M+88.4% | -$68.7M-28.9% | -$50.7M | -$53.6M-19.7% |
| EBITDA | -$68.8M-28.8% | -$77.3M-27.1% | -$53.7M-22.6% | -$52.9M-12.9% | -$53.4M+89.9% | -$60.8M-29.4% | -$43.8M | -$46.8M-19.2% |
| Interest Expense | $10.3M-52.3% | $14.3M-20.3% | $15.3M+14.4% | $15.4M+11.9% | $21.6M+62.3% | $18.0M+36.0% | $13.4M | $13.8M+11.5% |
| Income Tax | $309K+45.8% | -$62K+99.9% | -$6.0M-5011.5% | $276K+626.3% | $212K+123.2% | -$46.2M-419918.2% | $122K | $38K |
| Net Income | $5.6M+113.2% | -$125.9M-85.1% | -$54.1M-316.3% | -$80.0M-5.5% | -$42.8M+92.2% | -$68.0M-5.1% | -$13.0M | -$75.8M-42.0% |
| EPS (Basic) | $0.03+112.0% | -$0.70-75.0% | -$0.31-138.3% | -$0.460.0% | -$0.25+96.4% | -$0.40+72.8% | $0.81+176.4% | -$0.46+55.3% |
| EPS (Diluted) | $0.03+112.0% | -$0.71-77.5% | -$0.31-138.3% | -$0.460.0% | -$0.25 | -$0.40 | $0.81+176.4% | -$0.46 |
| Diluted Shares (Avg) | 182,397+5.2% | 178,964+5.0% | N/A | 174,945+5.6% | 173,381 | 170,506 | N/A | 165,612 |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit.
TEM Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.4B+45.6% | $2.1B+38.4% | $2.3B+145.6% | $2.3B+134.8% | $1.6B+88.0% | $1.5B | $926.1M+64.2% | $971.7M |
| Current Assets | $1.3B+100.4% | $1.1B+83.6% | $1.2B+74.8% | $1.1B+68.8% | $644.2M-4.0% | $574.0M | $667.6M+90.6% | $679.4M |
| Cash & Equivalents | $599.6M+221.8% | $521.2M+243.8% | $604.8M+77.4% | $655.9M+69.0% | $186.3M-61.1% | $151.6M+89.6% | $341.0M+105.7% | $388.0M+192.4% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $53.5M+12.4% | $51.8M+2.7% | $51.7M+34.7% | $55.0M+52.1% | $47.6M+45.6% | $50.5M | $38.4M+33.1% | $36.1M |
| Accounts Receivable | $360.9M+35.5% | $308.6M+17.5% | $311.2M+101.0% | $283.6M+94.8% | $266.3M+125.5% | $262.6M | $154.8M+63.9% | $145.6M |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $470.2M+44.3% | $470.2M+44.3% | $470.2M+541.1% | $465.1M+534.0% | $325.8M+344.2% | $325.8M | $73.3M0.0% | $73.4M |
| Total Liabilities | $1.9B+46.0% | $1.7B+41.2% | $1.8B+105.1% | $1.8B+93.2% | $1.3B+71.7% | $1.2B | $869.8M-55.3% | $918.0M |
| Current Liabilities | $391.5M-6.4% | $318.0M-5.5% | $372.4M+27.9% | $350.0M+38.6% | $418.2M+130.3% | $336.5M | $291.1M+25.1% | $252.6M |
| Non-Current Liabilities | $1.5B+70.4% | $1.4B+59.1% | $1.4B+143.8% | $1.4B+113.9% | $897.6M+53.5% | $880.5M | $578.7M-66.2% | $665.4M |
| Total Equity | $444.9M+43.7% | $416.4M+27.7% | $491.3M+772.1% | $507.8M+845.2% | $309.6M+215.1% | $326.2M+122.1% | $56.3M+104.1% | $53.7M+104.1% |
| Retained Earnings | -$2.5B-11.2% | -$2.5B-13.7% | -$2.4B-11.4% | -$2.3B-9.5% | -$2.3B-9.7% | -$2.2B | -$2.2B-54.0% | -$2.1B |
Not reported in any period shown, so not listed: Long-Term Debt.
TEM Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$7.5M-117.0% | -$73.3M+30.6% | -$36.8M+6.3% | -$119.8M-346.3% | $44.2M+145.5% | -$105.6M-4.2% | -$39.3M+2.5% | $48.7M+191.8% |
| Depreciation & Amortization | $7.1M-14.6% | $7.4M-5.8% | $7.7M+11.9% | $8.1M+19.6% | $8.3M+30.1% | $7.9M+25.7% | $6.9M+22.5% | $6.8M+23.5% |
| Stock-Based Compensation | $54.1M+141.0% | $52.7M+129.4% | N/A | $34.0M+61.5% | $22.5M-95.4% | $23.0M | N/A | $21.0M |
| Capital Expenditures | $6.1M-18.5% | $8.2M+295.5% | $4.8M-40.3% | $6.7M+15495.3% | $7.5M-6.2% | $2.1M-66.0% | $8.0M+193.9% | $43K-99.7% |
| Free Cash Flow | -$13.7M-137.2% | -$81.5M+24.3% | -$41.5M+12.0% | -$126.5M-360.3% | $36.6M+134.9% | -$107.7M-0.2% | -$47.2M-9.9% | $48.6M+170.5% |
| Investing Cash Flow | -$11.1M-16.6% | -$10.1M+97.3% | -$10.7M-34.6% | -$2.3M+98.2% | -$9.5M-18.8% | -$375.8M-2312.0% | -$8.0M-43.6% | -$131.4M-721.7% |
| Financing Cash Flow | $97.1M | -$271K-100.1% | -$3.6M-1916.2% | $594.7M+7421.1% | $0-100.0% | $293.0M+21365.7% | -$179K-100.2% | -$8.1M-1465.1% |
| Dividends Paid | N/A | N/A | $0 | $0 | N/A | N/A | $0 | $0 |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 |
TEM Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | -19.9%-0.2pp | -24.3%+2.5pp | -16.7%+8.5pp | -18.3%+11.4pp | -19.6% | -26.9%+9.7pp | -25.3% | -29.6%+3.3pp |
| Net Margin | 1.5%+15.1pp | -36.2%-9.6pp | -14.7%-8.3pp | -23.9%+18.0pp | -13.6% | -26.6%+17.8pp | -6.5% | -41.9%-2.7pp |
| Return on Equity | 1.3%+15.1pp | -30.2%-9.4pp | -11.0%+12.1pp | -15.8%+125.4pp | -13.8%+548.2pp | -20.9% | -23.1% | -141.2% |
| Return on Assets | 0.2%+2.9pp | -5.9%-1.5pp | -2.4%-1.0pp | -3.5%+4.3pp | -2.6%+61.2pp | -4.4% | -1.4% | -7.8% |
| Current Ratio | 3.30+1.8x | 3.31+1.6x | 3.13+0.8x | 3.28+0.6x | 1.54-2.2x | 1.71 | 2.29+0.8x | 2.69 |
| Debt-to-Equity | 4.32+0.1x | 4.13+0.4x | 3.63-11.8x | 3.49-13.6x | 4.25-3.5x | 3.73 | 15.44 | 17.09 |
| Asset Turnover | 0.160.0x | 0.160.0x | 0.16-0.1x | 0.150.0x | 0.190.0x | 0.17 | 0.22 | 0.19 |
| FCF Margin | -3.6%-15.2pp | -23.4%+18.7pp | -11.3%+12.2pp | -37.9%-64.7pp | 11.7%+75.0pp | -42.1%+31.6pp | -23.5% | 26.9%+77.6pp |
Not reported in any period shown, so not listed: Gross Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Tempus AI, Inc. TEM | FY2025 | $1.3B | -$245.0M | -19.3% | $12.9B | 40/100 |
| Doximity, Inc. DOCS | FY2026 | $644.9M | $196.1M | 30.4% | $5.2B | 88/100 |
| GE HealthCare Technologies Inc. GEHC | FY2025 | $20.6B | $2.1B | 10.1% | $29.0B | 55/100 |
| Veeva Systems Inc. VEEV | FY2026 | $3.2B | $908.9M | 28.4% | $46.1B | 68/100 |
| HealthEquity, Inc HQY | FY2026 | $1.3B | $215.2M | 16.4% | $7.7B | 68/100 |
| Waystar Holding Corp. WAY | FY2025 | $1.1B | $112.1M | 10.2% | $5.1B | 59/100 |
Where Tempus AI, Inc. Ranks
Frequently Asked Questions
What is Tempus AI, Inc.'s annual revenue?
Tempus AI, Inc. (TEM) reported $1.3B in total revenue for fiscal year 2025. This represents a 83.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Tempus AI, Inc.'s revenue growing?
Tempus AI, Inc. (TEM) revenue grew by 83.4% year-over-year, from $693.4M to $1.3B in fiscal year 2025.
Is Tempus AI, Inc. profitable?
No, Tempus AI, Inc. (TEM) reported a net income of -$245.0M in fiscal year 2025, with a net profit margin of -19.3%.
What is Tempus AI, Inc.'s EBITDA?
Tempus AI, Inc. (TEM) had EBITDA of -$220.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Tempus AI, Inc.'s operating margin?
Tempus AI, Inc. (TEM) had an operating margin of -19.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Tempus AI, Inc.'s net profit margin?
Tempus AI, Inc. (TEM) had a net profit margin of -19.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Tempus AI, Inc.'s return on equity (ROE)?
Tempus AI, Inc. (TEM) has a return on equity of -49.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Tempus AI, Inc.'s free cash flow?
Tempus AI, Inc. (TEM) recorded an outflow of $239.1M in free cash flow during fiscal year 2025. This represents a -13.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Tempus AI, Inc.'s operating cash flow?
Tempus AI, Inc. (TEM) recorded an outflow of $218.1M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Tempus AI, Inc.'s total assets?
Tempus AI, Inc. (TEM) had $2.3B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Tempus AI, Inc.'s capital expenditures?
Tempus AI, Inc. (TEM) invested $21.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Tempus AI, Inc. spend on research and development?
Tempus AI, Inc. (TEM) invested $172.9M in research and development during fiscal year 2025.
What is Tempus AI, Inc.'s current ratio?
Tempus AI, Inc. (TEM) had a current ratio of 3.13 as of fiscal year 2025, which is generally considered healthy.
What is Tempus AI, Inc.'s debt-to-equity ratio?
Tempus AI, Inc. (TEM) had a debt-to-equity ratio of 3.63 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Tempus AI, Inc.'s return on assets (ROA)?
Tempus AI, Inc. (TEM) had a return on assets of -10.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Tempus AI, Inc.'s P/E ratio?
Tempus AI, Inc. (TEM) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $12.9B as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Tempus AI, Inc.'s price-to-sales ratio?
Tempus AI, Inc. (TEM) trades at 9.0x sales, its market capitalization divided by revenue of $1.4B revenue, trailing 12 months to June 30, 2026. The market capitalization is $12.9B as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does Tempus AI, Inc.'s liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Tempus AI, Inc. (TEM) held $604.8M in cash, cash equivalents and investments, and reported an operating cash outflow of $218.1M over that year. Dividing the one by the other, the reported balance equals about 33 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is Tempus AI, Inc.'s Altman Z-Score?
Tempus AI, Inc. (TEM) has an Altman Z-Score of 3.47, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Tempus AI, Inc.'s Piotroski F-Score?
Tempus AI, Inc. (TEM) has a Piotroski F-Score of 3 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Tempus AI, Inc.'s earnings high quality?
Tempus AI, Inc. (TEM) reported a net loss of $245.0M while operations used $218.1M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Tempus AI, Inc. cover its interest payments?
Tempus AI, Inc. (TEM) reported an operating loss of $252.9M against $70.3M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Tempus AI, Inc.?
Tempus AI, Inc. (TEM) scores 40 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.