Filing Flows › Tempus AI (TEM) › Q2 2026
Tempus AI (TEM) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 30, 2026
Tempus AI (TEM) reported revenue of $382M for the second quarter 2026 (Q2 2026), +22% from a year earlier and +10% from the quarter before. Operating margin was -19.8%, net earnings $5.6M (1.5% of revenue).
Tempus AI, Q2 2026: revenue $382M (+22% year over year), operating margin -19.8%, net earnings $5.6M, operating cash flow −$7.5M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $382M | +10% | +22% |
| Operating profit | −$75.9M | — | — |
| Net earnings | $5.6M | — | — |
| Operating cash flow | −$7.5M | — | -117% |
What changed
Revenue was $382.5M in Q2 2026, up 22% year over year and up 10% from the previous quarter. Diagnostics was the largest line at 76% of revenue. Diagnostics added $47.5M year over year (up 20%), 70% of the total change. Trials Product declined 8%.
Operating costs exceeded revenue by $75.9M, an operating margin of -19.8%. Total costs grew 22% against revenue growth of 22%. The fastest-growing cost line was Research & development (+26%). Net earnings were $5.6M. The effective tax rate was 5.2%. Non-operating items added $81.9M, 1376% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$7.5M. Non-cash charges added back $7.1M of depreciation and $54.1M of share-based compensation. Working capital and other items used $74.4M. Capital expenditures of $6.1M exceeded it, leaving free cash flow of −$13.7M.
Questions
What was Tempus AI's revenue in the second quarter 2026?
Tempus AI (TEM) reported revenue of $382M for the second quarter 2026 (Q2 2026), +22% from a year earlier and +10% from the quarter before.
Was Tempus AI profitable in the second quarter 2026?
Operating loss was $75.9M (-19.8% of revenue) and net earnings $5.6M.
Source: Tempus AI 10-Q on SEC EDGAR.