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How Tempus AI (TEM) makes money

Tempus AI (TEM) made $412M of revenue in the third quarter 2026 (Q3 2026), +23% from a year earlier. Diagnostics brought in $303M (74%); Data and Applications brought in $108M (26%).

Drawing the Sankey…

Tempus AI revenue by segment, Q3 2026Tempus AI revenue by segment, Q3 2026Diagnostics$303MData and Applications$108M
Tempus AI: revenue by line, Q1 2026 to Q3 2026Tempus AI: revenue by line, Q1 2026 to Q3 2026DiagnosticsData and ApplicationsDiagnostics: $303M latest$303MData and Applications: $108M latest$108MQ1 2026Q2 2026Q3 2026
The mix barely moved between Q1 2026 and Q3 2026.
Tempus AI revenue by quarterTempus AI revenue by quarter$256MQ1 2025$315MQ2 2025$334MQ3 2025$367MQ4 2025$348MQ1 2026$382MQ2 2026$412MQ3 2026
Tempus AI: where each dollar of revenue goesTempus AI: where each dollar of revenue goesIncome tax0¢Operating cash flow2¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Diagnostics$303M73.7%+5%+20%
Data and Applications$108M26.3%+16%+33%
  ↳ Insights Product$88.9M21.6%+14%+29%
  ↳ Trials Product$9.6M2.3%+7%+4%
  ↳ Next Product$9.6M2.3%+52%+200%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$412M100.0%
Income tax$35K0.0%
Operating cash flow$9.2M2.2%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$412M+23%
Q2 2026$382M+22%
Q1 2026$348M+36%
Q4 2025$367M+83%
Q3 2025$334M+85%
Q2 2025$315M+90%
Q1 2025$256M+75%

From Tempus AI's 10-Q filed Nov 2, 2026 (on EDGAR).

Questions

How does Tempus AI make money?

Tempus AI (TEM) made $412M of revenue in the third quarter 2026 (Q3 2026), +23% from a year earlier. Diagnostics brought in $303M (74%); Data and Applications brought in $108M (26%).

What is Tempus AI's biggest business?

Diagnostics: $303M in the third quarter 2026, 74% of revenue, +20% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.