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Nasdaq · Technology

Tempus AI, Inc. (TEM)

As-reported financials and SEC filings for Tempus AI, Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Tempus AI, Inc.

Tempus AI, Inc. develops AI-powered precision medicine diagnostics by integrating laboratory test results with patients' clinical data to personalize treatment decisions. The company offers next-generation sequencing, molecular pathology testing, and AI-driven data analytics to healthcare providers, pharmaceutical companies, and researchers. Its platform connects healthcare institutions to enable data-driven care, clinical trial matching, and drug development across oncology and other disease areas.

Snapshot

Revenue
$1.27B
Revenue growth (YoY)
83.4%
Net income
$-245.0M
Diluted EPS
$-1.41
Gross margin
Operating margin
-19.9%
Net margin
-19.3%
FCF margin
-18.8%
ROE
-49.9%
net income / fiscal-year-end equity
P/E
trailing when available, otherwise FY EPS
Market cap
$11.31B
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Tempus AI

  • Revenue grew 83.4% to $1.3B in FY2025, faster than the 30.4% the year before.
  • Operating margin is -19.9% in FY2025, +62.9 pp against -82.8% in FY2022.
  • Most recent quarter Q2 FY2026: revenue $382M, up 21.6% from Q2 FY2025.
  • Free cash flow was negative $239M in FY2025.
  • Net loss narrowed to $245M in FY2025, from $706M in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Tempus AI’s fundamentals sit among the 332 software companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Operating margin-19.9%
17th percentile of 303
Net margin-19.3%
18th percentile of 307
FCF margin-18.8%
8th percentile of 285
Revenue growth (YoY)+83.4%
96th percentile of 325
ROE-49.9%
13th percentile of 285
Short interest7.25d
88th percentile of 330

Tempus AI’s revenue growth of +83.4% ranks in the 96th percentile of the 325 software companies reporting it. Tempus AI’s FCF margin of -18.8% ranks in the 8th percentile of the 285 software companies reporting it. Tempus AI’s return on equity of -49.9% ranks in the 13th percentile of the 285 software companies reporting it.

No reported insider purchases (code P) in the last 90 days; 86 insider sales totaling $58.2M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 2 of the superinvestors we track (plus 4 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
2
+4 quant / multi-strat
Initiated / added
5
2 new, 3 added
Reduced / exited
2
1 trimmed, 1 exited
Combined position
$745.1M
reported long value
InvestorAs ofPosition valueSharesChange
ARK Investment ManagementQ2 2026$580.6M10.0MAdded
Citadel AdvisorsquantQ2 2026$145.5M2.5MAdded
Millennium ManagementquantQ2 2026$8.5M146.1KNew
AQR Capital ManagementquantQ2 2026$4.0M69.7KNew
Two Sigma InvestmentsquantQ2 2026$3.7M63.9KReduced
Gotham Asset ManagementQ2 2026$2.8M47.6KAdded

No longer held by: D. E. Shaw (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
86
$58.2M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-28
filed 2026-09-01
West NadjaDirectorSell3.0K$69.00$207K
2026-08-25
filed 2026-08-27
LEFKOFSKY ERIC PCEO and ChairmanSell52.8K$68.97$3.6M
2026-08-25
filed 2026-08-27
LEFKOFSKY ERIC PCEO and ChairmanSell30.1K$69.83$2.1M
2026-08-25
filed 2026-08-27
LEFKOFSKY ERIC PCEO and ChairmanSell24.2K$68.13$1.6M
2026-08-25
filed 2026-08-27
LEFKOFSKY ERIC PCEO and ChairmanSell22.5K$68.97$1.6M
2026-08-25
filed 2026-08-27
LEFKOFSKY ERIC PCEO and ChairmanSell19.6K$68.97$1.4M
2026-08-25
filed 2026-08-27
LEFKOFSKY ERIC PCEO and ChairmanSell12.9K$69.83$897K
2026-08-25
filed 2026-08-27
LEFKOFSKY ERIC PCEO and ChairmanSell11.2K$69.83$780K
2026-08-25
filed 2026-08-27
LEFKOFSKY ERIC PCEO and ChairmanSell10.3K$68.13$701K
2026-08-25
filed 2026-08-27
LEFKOFSKY ERIC PCEO and ChairmanSell9.9K$67.01$666K
2026-08-25
filed 2026-08-27
LEFKOFSKY ERIC PCEO and ChairmanSell9.3K$65.98$611K
2026-08-25
filed 2026-08-27
LEFKOFSKY ERIC PCEO and ChairmanSell8.9K$68.13$608K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
29.9M
settled 2026-08-14
Change vs prior
-10.1%
vs previous settlement
Days to cover
7.25
at avg daily volume
Avg daily volume
4.1M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-1429.9M-10.1%7.25
2026-07-3133.2M+9.4%5.86
2026-07-1530.4M-9.7%6.38
2026-06-3033.6M-11.7%4.98
2026-06-1538.1M+22.3%4.84
2026-05-2931.1M-11.5%5.20
2026-05-1535.2M+31.4%4.88
2026-04-3026.8M-3.5%5.33

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022
Revenue$1.27B$693.4M$531.8M$320.7M
Gross profit
Operating income$-252.9M$-691.1M$-196.1M$-265.4M
Net income$-245.0M$-705.8M$-214.1M$-289.8M
Diluted EPS$-1.41$-6.23$-4.20$-5.30

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022
Cash and equivalents$604.8M$341.0M$165.8M$302.9M
Current assets$1.17B$667.6M$350.3M
Total assets$2.27B$926.1M$564.1M
Current liabilities$372.4M$291.1M$232.6M
Long-term debt
Total liabilities$1.78B$869.8M$840.7M
Total equity$491.3M$56.3M$-1.38B$-1.13B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022
Operating cash flow$-218.1M$-189.0M$-214.3M$-168.2M
Capital expenditure$21.0M$22.1M$34.6M$18.4M
Free cash flow$-239.1M$-211.2M$-248.9M$-186.6M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$382.5M21.6%$5.6M$0.03
Q1 FY2026$348.1M36.1%$-125.9M$-0.71
Q4 FY2025$367.2M83.0%$-54.2M
Q3 FY2025$334.2M84.7%$-80.0M$-0.46
Q2 FY2025$314.6M89.6%$-42.8M$-0.25
Q1 FY2025$255.7M75.4%$-68.0M$-0.40
Q4 FY2024$200.7M35.8%$-13.0M
Q3 FY2024$180.9M33.0%$-75.8M$-0.46

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorTechnology
SIC industryServices-Computer Programming, Data Processing, Etc.
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2017
SEC CIK1717115

Selected SEC filings

10-Q2026-07-30
View on EDGAR →
10-Q2026-05-05
View on EDGAR →
8-K2026-07-30
View on EDGAR →
8-K2026-07-20
View on EDGAR →
8-K2026-07-20
View on EDGAR →
8-K2026-05-22
View on EDGAR →

Largest software peers

All software stocksAll Technology companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.