Tempus AI (TEM) Q3 FY2026 earnings: revenue $412 million, up 23.1% on the year
Tempus AI, Inc. (TEM) reported revenue of $412 million for Q3 FY2026, the quarter ended 30 September 2026, up 23.1% on the same quarter a year earlier. Net income was -$15 million, and diluted earnings per share $-0.08. The figures are the company's own, from the 10-Q it filed with the SEC on 2 November 2026.
Revenue
$412 million
+23.1% on the year · +7.6% on the quarter
Q4 FY2024Q3 FY2026
Operating margin
-13.8%
-18.3% a year earlier
Q4 FY2024Q3 FY2026
Net income
-$15 million
Q4 FY2024Q3 FY2026
Diluted EPS
-$0.08
Q4 FY2024Q3 FY2026
this quarterthe same quarter a year earlierHover a bar for its figure.
What management said
Guidance figures: 1 raised, 2 kept.
Revenue rose 23% to $411.5 million: Total revenue was $411.5 million, up 23% from $334.2 million a year earlier. Nine-month revenue was $1,142.1 million, up from $904.6 million.
Adjusted EBITDA rose to $25.6 million: Adjusted EBITDA was $25.6 million, against $1.5 million in the third quarter of 2025. Non-GAAP income from operations was $14.4 million, against a loss of $(8.7) million.
Diagnostics revenue grew 20%: Diagnostics revenue was $303.5 million, against $252.9 million in the third quarter of 2025.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Operating cash flow
9.2
-7.5
-120
Capital expenditure
9.3
6.1
6.7
+52.5%
+39.2%
Free cash flow
-0.1
-13.7
-127
Free cash flow margin
-0.0%
-3.6%
-37.9%
Cash from investing
-17.5
-11.1
-2.3
Cash from financing
-0.7
97.1
595
Depreciation
7.3
7.1
8.1
+3.0%
-9.6%
Share-based compensation
48.1
54.1
34.0
-11.2%
+41.5%
Dividends paid
n/a
n/a
0.0
Diluted shares, weighted
181m
182m
175m
-0.6%
+3.6%
Shares outstanding at period end
182m
180m
178m
+1.1%
+2.5%
Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.
Balance sheet
$ million
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Shareholders' equity
500
445
508
+12.5%
-1.5%
Debt
176
1,361
1,246
-87.1%
-85.9%
Operating lease liabilities
69.5
71.3
77.7
-2.5%
-10.6%
Other liabilities
1,706
489
450
+248.8%
+278.9%
Total liabilities and equity
2,452
2,366
2,281
+3.6%
+7.5%
Fixed assets
95.2
89.1
90.7
+6.9%
+4.9%
Goodwill
488
470
465
+3.8%
+4.9%
Intangible assets
294
312
373
-6.0%
-21.2%
Cash and equivalents
590
600
656
-1.5%
-10.0%
Receivables
381
361
284
+5.5%
+34.2%
Inventory
53.8
53.5
55.0
+0.5%
-2.2%
Other assets
549
480
358
+14.4%
+53.4%
Total assets
2,452
2,366
2,281
+3.6%
+7.5%
Questions
What was Tempus AI's revenue in Q3 FY2026?
Tempus AI (TEM) reported revenue of $412 million for Q3 FY2026, the quarter ended 30 September 2026, up 23.1% on the same quarter a year earlier.
How much did Tempus AI earn in Q3 FY2026?
Net loss for Q3 FY2026 was $15 million, and the diluted loss per share $0.08.
When did Tempus AI report Q3 FY2026 results?
Tempus AI filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 2 November 2026.
Each quarter as filed, linked to its filing. Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.
10-Q for the period ended 30 September 2026, filed 2 November 2026: the filing.