Tempus AI posts first GAAP profit, boosts 2026 revenue forecast to $1.6B with FDA approval aiding growth
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Tempus AI reported its first GAAP profit driven by growth in its data business and improved operating leverage from oncology volume and high-margin products. The company raised its 2026 revenue guidance to $1.595–$1.605 billion, a 25% increase year-over-year. FDA approval for its xT CDx test and higher pricing for xF liquid biopsy are expected to add around $400 million in revenue by 2028. The recent acquisition of Personalis aims to strengthen its position in minimal residual disease (MRD) testing. Despite a relatively high valuation, the company's strong data assets and growth prospects support a 'Buy' rating.
