Tempus AI, Inc. TEM
We endeavor to unlock the true power of precision medicine by creating Intelligent Diagnostics through the practical application of artificial intelligence, or AI, in healthcare. Intelligent Diagnostics use AI, including generative and agentic AI, to make laboratory tests more accurate, tailored, and personal. We make tests intelligent by connecting laboratory results to a patient's own clinical data, thereby personalizing the results. Our novel insight was realizing that all laboratory test results, genomic or otherwise, could be contextualized for a specific patient based upon that patient's unique characteristics, and technology could therefore guide therapy selection and treatment decisions to allow each patient to progress on their own unique path. The drugs recommended, the clinical trials explored, the care pathways evaluated, and the adverse events considered—all have the potential to be refined and enhanced when test results are connected to a patient's personal profile, enabling the right patient to be routed to the right therapy at the right time.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $1.27B | $693.4M | $531.8M | $320.7M | — |
| R&D | $172.9M | $149.3M | $90.3M | $83.2M | — |
| SG&A | $731.7M | $755.4M | $296.8M | $233.4M | — |
| Total operating expenses | $1.52B | $1.38B | $727.9M | $586.1M | — |
| Operating income | -$252.9M | -$691.1M | -$196.1M | -$265.4M | — |
| Pre-tax income | -$291.1M | -$701.3M | -$213.5M | -$289.1M | — |
| Income tax | $51.7M | $266.0K | $288.0K | $66.0K | — |
| Net income | -$245.0M | -$705.8M | -$214.1M | -$289.8M | — |
| EPS, basic | -1.41 | -6.23 | -4.20 | -5.30 | — |
| EPS, diluted | -1.41 | -6.23 | -4.20 | -5.30 | — |
| Shares, diluted (wtd. avg.) | $174.3K | $119.8K | $63.3K | $63.3K | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Cash and equivalents | $604.8M | $341.0M | $165.8M | $303.7M | $278.5M |
| Receivables | $311.2M | $154.8M | $94.5M | — | — |
| Inventory | $51.7M | $38.4M | $28.8M | — | — |
| Total current assets | $1.17B | $667.6M | $350.3M | — | — |
| Property, plant and equipment | $89.2M | $58.1M | $61.7M | — | — |
| Goodwill | $470.2M | $73.3M | $73.4M | $53.1M | — |
| Other intangibles | $355.3M | $11.7M | $21.9M | — | — |
| Total assets | $2.27B | $926.1M | $564.1M | — | — |
| Accounts payable | $82.0M | $53.8M | $54.4M | — | — |
| Total current liabilities | $372.4M | $291.1M | $232.6M | — | — |
| Total liabilities | $1.78B | $869.8M | $840.7M | — | — |
| Retained earnings | -$2.40B | -$2.15B | -$1.40B | — | — |
| Total equity | $491.3M | $56.3M | -$1.38B | -$1.13B | -$807.5M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Operating cash flow | -$218.1M | -$189.0M | -$214.3M | -$168.2M | — |
| Depreciation and amortisation | $32.1M | $26.4M | $21.3M | $16.7M | — |
| Stock-based compensation | $124.7M | $534.1M | $0 | $0 | — |
| Capital expenditure | $21.0M | $22.1M | $34.6M | $18.4M | — |
| Investing cash flow | -$398.4M | -$130.4M | -$40.3M | -$57.9M | — |
| Financing cash flow | $884.1M | $494.3M | $117.5M | $251.4M | — |
| Dividends paid | $0 | $5.6M | $5.6M | $5.6M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-145528.
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