Below are the financial statements of Tempus AI, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net revenue genomics | 451.75a | 363.02a | 197.98a |
| Data and services | 241.65a | 168.8a | 122.68a |
| Total net revenue | 693.4a | 531.82a | 320.67a |
| Cost and operating expenses | — | — | — |
| Cost of revenues, genomics | -243.47a | -189.17a | -150.26a |
| Cost of revenues, data and services | -68.82a | -56.48a | -40.23a |
| Technology research and development | -167.52a | -95.16a | -79.09a |
| Research and development | -149.33a | -90.34a | -83.16a |
| Selling, general and administrative | -755.35a | -296.76a | -233.38a |
| Total cost and operating expenses | -1,384.48a | -727.91a | -586.11a |
| Loss from operations | -691.08a | -196.08a | -265.44a |
| Interest income | 11.08a | 7.6a | 3.03a |
| Interest expense | -53.65a | -46.87a | -21.89a |
| Other income (expense), net | 32.34a | 21.82a | -4.85a |
| Loss before provision for income taxes | -701.32a | -213.53a | -289.15a |
| Provision for income taxes | -0.27a | -0.29a | -0.07a |
| Losses from equity method investments | -4.23a | -0.3a | -0.6a |
| Net loss | -705.81a | -214.12a | -289.81a |
| Accretion of convertible preferred stock to redemption value | 0a | -4.34a | -0.3a |
| Dividends on Series A, B, B-1, B-2, C, D, E, F, G, G-3, and G-4 preferred shares | -39.35a | -44.5a | -40.98a |
| Cumulative undeclared dividends on Series C preferred shares | -1.17a | -3.01a | -2.84a |
| Net loss attributable to common shareholders, basic and diluted | -746.33a | -265.96a | -333.93a |
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