TEM on Nasdaq

Tempus AI

Logo: Tempus AI, Public domain, via Wikimedia Commons4

American health technology company

Tempus AI, Inc. (formerly Tempus Labs) is an American health technology company founded in 2015 by Eric Lefkofsky in Chicago, Illinois.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 18, 2026.

Overview

$1.3BRevenue, fiscal 20255
-$245.0MNet income, fiscal 20255

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  • TickerTEM on Nasdaq1
  • IndustryServices-Computer Programming, Data Processing, Etc.1
  • HeadquartersChicago1
  • Websitewww.tempus.com
  • Incorporated inNV6
  • Business address600 West Chicago Avenue, Suite 510, Chicago, Il 606546
  • Filer categoryLarge accelerated filer6

Tempus AI, Inc. (formerly Tempus Labs) is an American health technology company founded in 2015 by Eric Lefkofsky in Chicago, Illinois. It was established by Lefkofsky soon after his wife was diagnosed with breast cancer. Tempus uses data and artificial intelligence (AI) to create precision medicine services, including diagnostics, for oncology, cardiology, radiology, and depression. The company went public on the Nasdaq on June 14, 2024, under the ticker symbol "TEM."3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

-19.9%Operating margin5
-19.3%Net margin5
83.4%Revenue growth, 20255
-49.9%Return on equity5
-$239.1MFree cash flow5

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Diagnostics brought in 75% of the revenue Tempus AI broke down this way in fiscal 2025.

  1. Diagnostics$955.4M575%up 111% from 2024
  2. Insights Product$257.7M520%up 38% from 2024
  3. Trials Product$38.5M53%down 9% from 2024
  4. AI Applications$20.1M52%up 63% from 2024
Products and services by year
Products and services202320242025
Diagnostics$363.0M$451.7M$955.4M
Insights Product$117.6M$186.8M$257.7M
Trials Product$45.6M$42.4M$38.5M
AI Applications$5.1M$12.3M$20.1M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Research and development14¢$172.9M
  • Selling, general and admin58¢$731.7M
  • Other costs25¢$315.4M
  • Income tax4¢$51.7M

Out of $1.3B in revenue.5 The company lost money this year.

Financial statements

Revenue85$1.3B in 2025+297% since 2022
0$500.0M$1.0B$1.5B2022: $320.7M$320.7M20222023: $531.8M$531.8M2023+66%2024: $693.4M$693.4M2024+30%2025: $1.3B$1.3B2025+83%
Operating income85-$252.9M in 2025−5% since 2022
-$800.0M-$600.0M-$400.0M-$200.0M02022: -$265.4M-$265.4M20222023: -$196.1M-$196.1M2023−26%2024: -$691.1M-$691.1M2024+252%2025: -$252.9M-$252.9M2025−63%
Net income85-$245.0M in 2025−15% since 2022
-$800.0M-$600.0M-$400.0M-$200.0M02022: -$289.8M-$289.8M20222023: -$214.1M-$214.1M2023−26%2024: -$705.8M-$705.8M2024+230%2025: -$245.0M-$245.0M2025−65%

Every line of the income statement as filed: the last 4 fiscal years, latest first.5

Period ending2025-12-312024-12-312023-12-312022-12-31
Total net revenue$1.3B$693.4M$531.8M
Technology research and development$146.1M$167.5M$95.2M
Research and development$172.9M$149.3M$90.3M
Selling, general and administrative$731.7M$755.4M$296.8M
Total cost and operating expenses$1.5B$1.4B$727.9M
Loss from operations-$252.9M-$691.1M-$196.1M
Interest income$12.6M$11.1M$7.6M
Interest expense-$70.3M-$53.7M-$46.9M
Loss on debt extinguishment-$12.0M$0$0
Other income, net$31.4M$32.3M$21.8M
Loss before benefit from (provision for) income taxes-$291.1M-$701.3M-$213.5M
benefit from (Provision for) income taxes$51.7M-$266.0K-$288.0K
losses from equity method investments-$5.6M-$4.2M-$301.0K
Net Loss-$245.0M-$705.8M-$214.1M
Accretion of convertible preferred stock to redemption value$0$0-$4.3M
Dividends on Series A, B, B-1, B-2, C, D, E, F, G, G-3, and G-4 preferred shares$0-$39.3M-$44.5M
Cumulative undeclared dividends on Series C preferred shares$0-$1.2M-$3.0M
Net loss attributable to common shareholders, basic-$245.0M-$746.3M-$266.0M
Net loss attributable to common shareholders, diluted-$245.0M-$746.3M-$266.0M
Net loss per share attributable to common shareholders, basic-$1.41-$6.23-$4.20
Net loss per share attributable to common shareholders, diluted-$1.41-$6.23-$4.20
Weighted-average shares outstanding used to compute net loss per share, basic174.3K shares119.8K shares63.3K shares63.3K shares
Weighted-average shares outstanding used to compute net loss per share, diluted174.3K shares119.8K shares63.3K shares
Foreign currency translation adjustment$808.0K$89.0K-$13.0K
Comprehensive loss-$244.2M-$705.7M-$214.1M

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Leadership

Who has led Tempus AI, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (11)

Products and brands

Tempus does genome sequencing and precision medicine, including diagnostics, primarily for cancer patients, as well as for cardiology patients, radiology, and pharmacogenomic testing for patients with depression. It is headquartered in Chicago.

Tempus investors include SoftBank Group, Baillie Gifford, New Enterprise Associates, Novo Holdings, Franklin Templeton Investments, T. Rowe Price, Revolution LLC, Google LLC, and others.

In June 2024, Tempus and SoftBank formed an AI healthcare joint venture in Japan called SB Tempus with a plan to develop personalized treatment recommendations by analyzing medical data with AI. In November that year, Tempus agreed to acquire California-based genetic testing company Ambry Genetics for $600 million in a cash-and-stock deal.

In July 2026, Tempus agreed to acquire cancer-testing company Personalis in a deal valued at approximately US$1.5 billion. The acquisition would add Personalis's NeXT Personal cancer test to Tempus's oncology portfolio and is expected to close in late 2026 or early 2027.

Read the full text

The company's advisory board includes Jennifer Doudna and Scott Gottlieb. At the end of 2025, Tempus employs around 3,800 people.

From Wikipedia’s article on Tempus AI, shared under CC BY-SA 4.0.7

Former names

  • Tempus Labs, Inc.Sep 25, 2017 to Dec 5, 20236

Timeline

  1. Feb 25, 2026New chief executive Thomas Edward Schoenherr becomes CEO14
  2. Feb 20, 2026New chief executive Ryan Fukushima becomes CEO13
  3. Jun 14, 2024Went public Listed on NASDAQ1
  4. Aug 26, 2015Founded Tempus AI is founded27

Filings

491 filings to the SEC since October 2021: 2 annual reports, 7 quarterly reports, 24 major events, 232 insider forms, 21 large holders, 1 private raises, 204 other. The latest 20:

  1. Oct 2, 2026S-4/A EDGAR
  2. Sep 29, 20264 EDGAR
  3. Sep 25, 2026144 EDGAR
  4. Sep 24, 20264 EDGAR
  5. Sep 22, 2026144 EDGAR
  6. Sep 18, 20264 EDGAR
  7. Sep 18, 20264 EDGAR
  8. Sep 18, 20264 EDGAR
  9. Sep 18, 20264 EDGAR
  10. Sep 17, 2026144 EDGAR
  11. Sep 17, 2026144 EDGAR
  12. Sep 17, 2026144 EDGAR
  13. Sep 16, 2026144 EDGAR
  14. Sep 15, 2026425 EDGAR
  15. Sep 3, 20264 EDGAR
  16. Sep 3, 20264 EDGAR
  17. Sep 3, 20264 EDGAR
  18. Sep 1, 2026144 EDGAR
  19. Sep 1, 2026144 EDGAR
  20. Sep 1, 20264 EDGAR

The 491 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last three years, summarized. The full record is on SEC EDGAR.

Insider trades and holders

Large holders

Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 21 such filings since October 2021, the latest 10:

  1. Jul 21, 2026SCHEDULE 13D/A
  2. May 7, 2026SCHEDULE 13G/A
  3. Mar 27, 2026SCHEDULE 13G/A
  4. Mar 6, 2026SCHEDULE 13G
  5. Feb 10, 2026SCHEDULE 13G/A
  6. Nov 13, 2025SCHEDULE 13G/A
  7. Nov 12, 2025SCHEDULE 13G/A
  8. Oct 31, 2025SCHEDULE 13G
  9. Sep 12, 2025SCHEDULE 13D/A
  10. May 15, 2025SCHEDULE 13G/A

From Forms 4 and Schedules 13D and 13G filed with the SEC.

Money raised

Private offerings the company reported to the SEC on Form D.

  1. Oct 3, 2022Raised $10 million in a private offering of equity Form D: 4 investors so far Form D

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
ARK Investment Management LLC10,022,634$580.6M3.8%+414,889
BlackRock, Inc.8,291,053$480.3M0.0%−677,277
Baillie Gifford & Co8,190,133$474.5M0.4%−459,223
Softbank Group Corp.5,405,406$313.1M1.7%No change
Jpmorgan Chase & Co4,989,062$291.2M0.0%+55,869
Vanguard Capital Management LLC4,988,038$289.0M0.0%+69,916
Vanguard Portfolio Management LLC4,914,410$284.7M0.0%+235,353
Sumitomo Mitsui Trust Group, Inc.4,089,029$236.9M0.1%−237,284
Amova Asset Management Americas, Inc.4,089,029$236.6M3.1%−237,284
Goldman Sachs Group Inc3,761,666$217.9M0.0%+2,483,910
Morgan Stanley3,652,136$211.6M0.0%+1,568,701
Franklin Resources Inc3,352,768$194.2M0.0%+771,124
UBS Group AG2,546,634$147.5M0.0%−687,753
Citadel Advisors LLC2,512,401$145.5M0.1%+1,911,096
GC Wealth Management RIA, LLC2,411,368$139.7M8.1%−4,199,843
Geode Capital Management, LLC2,092,519$121.2M0.0%+152,312
Bank Of America Corp /de/1,917,772$111.1M0.0%+1,502,992
State Street Corp1,887,599$109.3M0.0%+197,838
Alphabet Inc.1,551,102$89.9M0.1%No change
Jane Street Group, LLC1,428,847$82.8M0.1%+759,993
Lingotto Investment Management LLP1,415,766$82.0M1.8%No change
Clear Street Group Inc.1,345,069$77.9M0.2%+389,487
Legal & General Group Plc1,145,900$66.4M0.0%+374,526
Norges Bank975,302$56.5M0.0%New
Bamco Inc /ny/904,259$52.4M0.1%+4,981

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

1 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Jan 14, 2025Nancy PelosiDemocratic, HouseBuy$50,001 - $100,000+95.6%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).