Tempus Stock Soars 9%, Adding $1.2 Billion, After Raising Revenue Forecast And Narrowing Loss
The cancer-testing and data company lifted its 2026 revenue outlook as its data business grew 33% and its quarterly loss shrank.
Tempus AI, a cancer-focused lab operator and data-software seller, lifted its full-year revenue outlook, and its third-quarter loss fell from $80.0 million a year earlier to $14.9 million. Shares climbed 8.78% to $78.56 in Monday trading, as of 10:31 a.m. ET, adding about $1.2 billion in market value.
Guidance up, loss down
Tempus now expects full-year revenue of $1.60 billion to $1.605 billion. Its adjusted EBITDA target of $65 million is unchanged.
Oncology test volume grew 32%, and Data and Applications revenue rose 33% to $108.1 million, the company reported. The net loss fell to $14.9 million from $80.0 million a year earlier.
Adjusted EBITDA rose to $25.6 million from $1.5 million. The results also carried $42.8 million in unrealized securities gains and $50.8 million in stock compensation and related payroll taxes. Cash and marketable securities stood at $854.4 million at the end of September.
What Tempus sells
Tempus, based in Chicago, operates five testing labs and links lab results to patients' own clinical data. Its Diagnostics line sells genomic sequencing and pathology tests. Data and Applications licenses de-identified data and provides analytics and algorithm-based diagnostics to drug developers.
The stock was on pace for its biggest one-day gain since Oct. 5, when it rose 9.0%. Before the report it had slipped 12% over the previous month, yet it was up about 22% this year at Friday's close, against about 11% for the S&P 500.
Personalis deal and a pharma pact
Tempus is pursuing a pending acquisition of Personalis. In October it announced a data-licensing collaboration with Bristol Myers Squibb worth up to $137.5 million over five years.
Personalis shareholders are scheduled to vote on the pending acquisition at a meeting planned for Nov. 30.
Sources
- Tempus AI’s Cancer Screen Business Drives Revenue Up 23%, While a Major Purchase Draws Closer — Barron's
- Tempus: Q3 Earnings Snapshot — Associated Press
- Tempus: Q3 Earnings Snapshot – WTOP News — wtop.com
- Tempus Reports Third Quarter 2026 Results – Company Announcement - FT.com — Financial Times
- Tempus: Q3 Earnings Snapshot | kare11.com — Associated Press
- The company's filing (Tempus AI) — SEC filing
- Tempus AI — Form 10-Q for the quarter ended 2026-09-30 (quarterly results) — SEC EDGAR
