Tempus AI Financials
Tempus AI (TEM) reported $1.3B in revenue for fiscal year 2025, up 83.4% from the prior fiscal year. 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 is scaling quickly, but cash burn stays sticky because the model still depends on external funding.
From FY2023 to FY2025, revenue more than doubled to$1.27B and operating margin improved from-36.9% to-19.9% , yet operating cash flow stayed near-$200M each year. That pattern says the income statement is gaining scale faster than the cash engine, so losses are shrinking on paper before the business is funding itself.
FY2025 ended with
Capital spending was only
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'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 has an operating margin of -19.9%, meaning the company loses $20 on every $100 of revenue. This results in a profitability score of 22/100. This is up from -99.7% the prior year.
Tempus AI'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 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 holds $3.13 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 78/100.
Tempus AI'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 11/100.
Tempus AI 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 20/100. This is up from -1252.8% the prior year.
Tempus AI scores 2.27, placing it in the grey zone between 1.81 and 2.99. The score is driven primarily by a large market capitalization ($9.3B) relative to total liabilities ($1.8B). This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Tempus AI 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 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 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 generated $1.3B in revenue in fiscal year 2025. This represents an increase of 83.4% from the prior year.
Tempus AI's EBITDA was -$220.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 66.8% from the prior year.
Tempus AI reported -$245.0M in net income in fiscal year 2025. This represents an increase of 65.3% from the prior year.
Cash & Balance Sheet
Tempus AI recorded an outflow of $239.1M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. This represents a decrease of 13.2% from the prior year.
Tempus AI held $604.8M in cash as of fiscal year 2025; long-term debt is not reported for that period.
Not reported for fiscal year 2025.
Margins & Returns
Tempus AI's operating margin was -19.9% in fiscal year 2025, reflecting core business profitability. This is up 79.8 percentage points from the prior year.
Tempus AI's net profit margin was -19.3% in fiscal year 2025, showing the share of revenue converted to profit. No change is given against fiscal year 2024: its reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Tempus AI's ROE was -49.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 1202.9 percentage points from the prior year.
Not reported for fiscal year 2025.
Capital Allocation
Tempus AI invested $172.9M in research and development in fiscal year 2025. This represents an increase of 15.8% from the prior year.
Tempus AI spent $3.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
Tempus AI invested $21.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 4.8% from the prior year.
TEM Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.3B+83.4% | $693.4M+30.4% | $531.8M+65.8% | $320.7M |
| R&D Expenses | $196.3M | $172.9M+15.8% | $149.3M+65.3% | $90.3M+8.6% | $83.2M |
| SG&A Expenses | $834.8M | $731.7M-3.1% | $755.4M+154.5% | $296.8M+27.2% | $233.4M |
| Operating Income | -$283.0M | -$252.9M+63.4% | -$691.1M-252.4% | -$196.1M+26.1% | -$265.4M |
| Interest Expense | $55.3M | $70.3M+31.0% | $53.7M+14.5% | $46.9M+114.1% | $21.9M |
| Income Tax | -$5.5M | -$51.7M-19530.1% | $266K-7.6% | $288K+336.4% | $66K |
| Net Income | -$254.4M | -$245.0M+65.3% | -$705.8M-229.6% | -$214.1M+26.1% | -$289.8M |
| EPS (Diluted) | — | -$1.41 | -$6.23 | -$4.20+20.8% | -$5.30 |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
TEM Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|
| Total Assets | $2.3B+145.6% | $926.1M+64.2% | $564.1M | N/A |
| Current Assets | $1.2B+74.8% | $667.6M+90.6% | $350.3M | N/A |
| Cash & Equivalents | $604.8M+77.4% | $341.0M+105.7% | $165.8M-45.3% | $302.9M |
| Inventory | $51.7M+34.7% | $38.4M+33.1% | $28.8M | N/A |
| Accounts Receivable | $311.2M+101.0% | $154.8M+63.9% | $94.5M | N/A |
| Goodwill | $470.2M+541.1% | $73.3M0.0% | $73.4M+38.1% | $53.1M |
| Total Liabilities | $1.8B+105.1% | $869.8M-55.3% | $1.9B | N/A |
| Current Liabilities | $372.4M+27.9% | $291.1M+25.1% | $232.6M | N/A |
| Total Equity | $491.3M+772.1% | $56.3M+104.1% | -$1.4B-22.4% | -$1.1B |
| Retained Earnings | -$2.4B-11.4% | -$2.2B-54.0% | -$1.4B | N/A |
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.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$237.4M | -$218.1M-15.4% | -$189.0M+11.8% | -$214.3M-27.4% | -$168.2M |
| Capital Expenditures | $25.8M | $21.0M-4.8% | $22.1M-36.1% | $34.6M+88.3% | $18.4M |
| Free Cash Flow | -$263.2M | -$239.1M-13.2% | -$211.2M+15.2% | -$248.9M-33.4% | -$186.6M |
| Investing Cash Flow | -$34.2M | -$398.4M-205.5% | -$130.4M-223.4% | -$40.3M+30.4% | -$57.9M |
| Financing Cash Flow | $687.9M | $884.1M+78.9% | $494.3M+320.5% | $117.5M-53.2% | $251.4M |
| Dividends Paid | N/A | $0-100.0% | $5.6M0.0% | $5.6M0.0% | $5.6M |
| Share Buybacks | N/A | $3.0M | $0-100.0% | $3.6M | $0 |
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
TEM Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|
| Operating Margin | -19.9%+79.8pp | -99.7%-62.8pp | -36.9%+45.9pp | -82.8% |
| Net Margin | -19.3% | -101.8% | -40.3%+50.1pp | -90.4% |
| Return on Equity | -49.9%+1202.9pp | -1252.8% | N/A | N/A |
| Return on Assets | -10.8%+65.4pp | -76.2%-38.3pp | -38.0% | N/A |
| Current Ratio | 3.13+0.8x | 2.29+0.8x | 1.51 | N/A |
| Debt-to-Equity | 3.63-11.8x | 15.44 | N/A | N/A |
| FCF Margin | -18.8%+11.6pp | -30.4%+16.4pp | -46.8%+11.4pp | -58.2% |
Not reported in any period shown, so not listed: Gross Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin.
Similar Companies
Where Tempus AI Ranks
Frequently Asked Questions
What is Tempus AI's annual revenue?
Tempus AI (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's revenue growing?
Tempus AI (TEM) revenue grew by 83.4% year-over-year, from $693.4M to $1.3B in fiscal year 2025.
Is Tempus AI profitable?
No, Tempus AI (TEM) reported a net income of -$245.0M in fiscal year 2025, with a net profit margin of -19.3%.
What is Tempus AI's EBITDA?
Tempus AI (TEM) had EBITDA of -$220.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Tempus AI's operating margin?
Tempus AI (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's net profit margin?
Tempus AI (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's return on equity (ROE)?
Tempus AI (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's free cash flow?
Tempus AI (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's operating cash flow?
Tempus AI (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's total assets?
Tempus AI (TEM) had $2.3B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Tempus AI's capital expenditures?
Tempus AI (TEM) invested $21.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Tempus AI spend on research and development?
Tempus AI (TEM) invested $172.9M in research and development during fiscal year 2025.
What is Tempus AI's current ratio?
Tempus AI (TEM) had a current ratio of 3.13 as of fiscal year 2025, which is generally considered healthy.
What is Tempus AI's debt-to-equity ratio?
Tempus AI (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's return on assets (ROA)?
Tempus AI (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's cash runway?
Based on fiscal year 2025 data, Tempus AI (TEM) had $604.8M in cash against an annual operating cash burn of $218.1M. This gives an estimated cash runway of approximately 33 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Tempus AI's Altman Z-Score?
Tempus AI (TEM) has an Altman Z-Score of 2.27, placing it in the Grey Zone (moderate 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's Piotroski F-Score?
Tempus AI (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's earnings high quality?
Tempus AI (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 cover its interest payments?
Tempus AI (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?
Tempus AI (TEM) scores 41 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.