Tempus AI Reports 23% Revenue Growth and Narrows Net Loss in Third Quarter
Tempus AI (TEM) reported third-quarter revenue of $411.5 million, representing a 23% increase year-over-year. The company also raised its revenue outlook for 2026. While the net loss narrowed significantly to $14.9 million from $80.0 million in the prior year, this improvement was primarily driven by $42.8 million in unrealized gains on marketable securities rather than core operational improvements. The company's Data and Applications segment showed strong performance with 33% revenue growth and gross margins exceeding 71%. However, operating losses remained relatively flat at $56.9 million. Investors are closely watching the fourth-quarter trajectory to see if adjusted EBITDA meets the projected increase required to hit the annual guidance of approximately $65 million.
Tickers: $TEM
Topics: Adjusted EBITDA Financial Guidance Net Loss Revenue Growth
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