Tempus AI, Inc.
For the period ended Jun 30, 2026. Filed Jul 30, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Jul 30, 2026
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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)
(in thousands, except per share amounts)
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Net revenue | ||||
| Diagnostics(1) | $289,333 | $241,843 | $550,431 | $435,647 |
| Data and applications(2) | 93,153 | 72,792 | 180,171 | 134,725 |
| Total net revenue | $382,486 | $314,635 | $730,602 | $570,372 |
| Cost and operating expenses | ||||
| Cost of revenues, diagnostics | 108,233 | 99,756 | 209,193 | 184,539 |
| Cost of revenues, data and applications | 27,755 | 19,840 | 52,870 | 35,591 |
| Technology research and development | 43,929 | 34,482 | 89,850 | 67,873 |
| Research and development | 52,637 | 41,619 | 100,874 | 77,493 |
| Selling, general and administrative | 225,845 | 180,712 | 438,439 | 335,339 |
| Total cost and operating expenses | 458,399 | 376,409 | 891,226 | 700,835 |
| Loss from operations | $(75,913) | $(61,774) | $(160,624) | $(130,463) |
| Interest income | 3,897 | 1,093 | 7,763 | 2,906 |
| Interest expense | (10,283) | (21,579) | (24,624) | (39,582) |
| Loss on debt extinguishment | (11,643) | — | (11,643) | — |
| Other income, net | 102,757 | 41,729 | 75,048 | 14,274 |
| Income (loss) before (provision for) benefit from income taxes | $8,815 | $(40,531) | $(114,080) | $(152,865) |
| (Provision for) benefit from income taxes | (309) | (212) | (247) | 45,968 |
| Losses from equity method investments | (2,864) | (2,100) | (5,950) | (3,983) |
| Net income (loss) | $5,642 | $(42,843) | $(120,277) | $(110,880) |
| Net income (loss) per share | ||||
| Basic | $0.03 | $(0.25) | $(0.67) | $(0.64) |
| Diluted | $0.03 | $(0.25) | $(0.67) | $(0.64) |
| Weighted-average shares outstanding used to compute net income (loss) per share | ||||
| Basic | 179,917 | 173,381 | 179,404 | 171,960 |
| Diluted | 182,397 | 173,381 | 179,404 | 171,960 |
| Comprehensive income (loss), net of tax | ||||
| Net income (loss) | $5,642 | $(42,843) | $(120,277) | $(110,880) |
| Foreign currency translation adjustment | (1,033) | 3,756 | (2,843) | 8,354 |
| Comprehensive income (loss) | $4,609 | $(39,087) | $(123,120) | $(102,526) |
(1) Includes related party revenue of $40 and$0 for the three months ended June 30, 2026 and 2025, respectively. Includes related party revenue of $190 and $1 for the six months ended June 30, 2026 and 2025, respectively.
(2) Includes related party revenue of $21,984 and $15,908 for the three months ended June 30, 2026 and 2025, respectively. Includes related party revenue of $43,657 and $16,538 for the six months ended June 30, 2026 and 2025, respectively.
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