Tempus AI (TEM) 10-K Summary — Year Ended Dec 31, 2024
The company reported a significant increase in revenue for the most recent period, but continued to incur substantial operating and net losses. Operating cash flow remained negative, reflecting ongoing cash consumption.
Key takeaway
Year ended Dec 31, 2024 · FY2025 10-K
The company reported a significant increase in revenue for the most recent period, but continued to incur substantial operating and net losses. Operating cash flow remained negative, reflecting ongoing cash consumption.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$693.4M
Revenue reported for the fiscal year.
Operating income
-$691.1M
Income from operations reported for the year.
Net income
-$705.8M
Net income reported for the year.
Operating cash flow
-$189M
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $320.7M | n/a |
| Dec 31, 2023 | $531.8M | +65.8% |
| Dec 31, 2024 | $693.4M | +30.4% |
Business overview
The supplied filing does not provide a description of the company's business operations. The business overview section is referenced but no substantive text is included.
Financial performance
Revenue increased compared to prior periods, while operating income and net income were negative. Operating cash flow was also negative for the period.
Material risks
The filing does not provide specific risk factor details beyond a reference to the risk factors section. No material risks are stated in the supplied context.
Liquidity and capital
The company's liquidity and capital resources discussion references convertible debt, interest expense, foreign currency exposures, and equity securities. The capital structure includes warrants and other financial instruments that affect liquidity.
What to watch
Monitor the company's path to profitability given the persistent operating losses and negative cash flows.