TERN
Terns·NASDAQ
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TERN fundamentals
During Q3 2025, Terns (TERN) reported revenue of --, a YoY change of 0.00%. Net income was -24.64M, a YoY change of -12.26%. Click to view the full income statement and explore the company's earnings performance.
Income Statement
Q4,2019 | Q1,2020 | Q2,2020 | Q3,2020 | Q4,2020 | Q1,2021 | Q2,2021 | Q3,2021 | Q4,2021 | Q1,2022 | Q2,2022 | Q3,2022 | Q4,2022 | Q1,2023 | Q2,2023 | Q3,2023 | Q4,2023 | Q1,2024 | Q2,2024 | Q3,2024 | Q4,2024 | Q1,2025 | Q2,2025 | Q3,2025 | TTM |
|---|
Start Date | Oct 1, 2019 | Jan 1, 2020 | Apr 1, 2020 | Jul 1, 2020 | Oct 1, 2020 | Jan 1, 2021 | Apr 1, 2021 | Jul 1, 2021 | Oct 1, 2021 | Jan 1, 2022 | Apr 1, 2022 | Jul 1, 2022 | Oct 1, 2022 | Jan 1, 2023 | Apr 1, 2023 | Jul 1, 2023 | Oct 1, 2023 | Jan 1, 2024 | Apr 1, 2024 | Jul 1, 2024 | Oct 1, 2024 | Jan 1, 2025 | Apr 1, 2025 | Jul 1, 2025 | -- |
End Date | Dec 31, 2019 | Mar 31, 2020 | Jun 30, 2020 | Sep 30, 2020 | Dec 31, 2020 | Mar 31, 2021 | Jun 30, 2021 | Sep 30, 2021 | Dec 31, 2021 | Mar 31, 2022 | Jun 30, 2022 | Sep 30, 2022 | Dec 31, 2022 | Mar 31, 2023 | Jun 30, 2023 | Sep 30, 2023 | Dec 31, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | -- |
Fiscal Year-End | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | -- |
Revenue | 0 -- | -- -- | -- -- | -- -- | 0 -- | -- -- | -- -- | -- -- | 1.00M -- | -- -- | -- -- | -- -- | 0 -100.00% | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- |
Sales and Services Revenue | -- -- | -- -- | -- -- | -- -- | 0 -- | -- -- | -- -- | -- -- | 1.00M -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- |
Cost of Revenue | 0 -- | -- -- | -- -- | -- -- | 0 -- | -- -- | -- -- | -- -- | 0 -- | -- -- | -- -- | -- -- | 0 -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- |
Operating Expenses | 9.94M -- | 9.42M -- | 10.10M -- | 8.74M -- | 8.77M -11.83% | 13.30M +41.10% | 10.82M +7.14% | 11.87M +35.84% | 14.88M +69.69% | 13.82M +3.98% | 14.08M +30.19% | 17.29M +45.70% | 16.83M +13.11% | 24.16M +74.73% | 21.16M +50.23% | 33.18M +91.90% | 24.06M +42.96% | 25.45M +5.34% | 25.54M +20.69% | 24.94M -24.85% | 25.95M +7.86% | 27.43M +7.79% | 27.38M +7.23% | 27.72M +11.14% | 108.47M -- |
Selling, General and Administrative Expenses | 2.39M -- | 2.18M -- | 2.49M -- | 3.33M -- | 998.00K -58.21% | 4.56M +109.32% | 4.86M +95.37% | 4.71M +41.46% | 5.42M +442.69% | 5.69M +24.73% | 5.42M +11.63% | 5.13M +8.82% | 6.17M +13.92% | 7.10M +24.82% | 7.01M +29.25% | 18.35M +257.69% | 6.60M +6.95% | 6.86M -3.41% | 7.18M +2.53% | 9.77M -46.77% | 7.95M +20.40% | 8.71M +26.94% | 7.03M -2.16% | 7.80M -20.17% | 31.48M -- |
General and Administrative Expenses | 2.39M -- | -- -- | -- -- | -- -- | 9.00M +276.72% | -- -- | -- -- | -- -- | 19.55M +117.31% | -- -- | -- -- | -- -- | 22.41M +14.65% | -- -- | -- -- | 18.35M -- | 6.60M -70.56% | 6.86M -- | 7.18M -- | 9.77M -46.77% | 7.95M +20.40% | 8.71M +26.94% | 7.03M -2.16% | 7.80M -20.17% | 31.48M -- |
Research and Development Expenses | 7.56M -- | 7.24M -- | 7.61M -- | 5.40M -- | 7.77M +2.83% | 8.73M +20.58% | 5.96M -21.68% | 7.15M +32.36% | 9.46M +21.78% | 8.14M -6.86% | 8.66M +45.31% | 12.16M +70.01% | 10.66M +12.64% | 17.06M +109.64% | 14.15M +63.37% | 14.83M +21.96% | 17.46M +63.81% | 18.59M +8.98% | 18.35M +29.69% | 15.17M +2.28% | 18.00M +3.12% | 18.72M +0.72% | 20.35M +10.90% | 19.92M +31.30% | 76.99M -- |
Operating Income | -9.94M -- | -9.42M -- | -10.10M -- | -8.74M -- | -8.77M +11.83% | -13.30M -41.10% | -10.82M -7.14% | -11.87M -35.84% | -13.88M -58.28% | -13.82M -3.98% | -14.08M -30.19% | -17.29M -45.70% | -16.83M -21.26% | -24.16M -74.73% | -21.16M -50.23% | -33.18M -91.90% | -24.06M -42.96% | -25.45M -5.34% | -25.54M -20.69% | -24.94M +24.85% | -25.95M -7.86% | -27.43M -7.79% | -27.38M -7.23% | -27.72M -11.14% | -108.47M -- |
Non-Operating Income (Loss) | -100.00K -- | 217.00K -- | 252.00K -- | -2.75M -- | -450.00K -350.00% | -2.00K -100.92% | 94.00K -62.70% | 53.00K +101.93% | 65.00K +114.44% | 73.00K +3750.00% | 160.00K +70.21% | 485.00K +815.09% | 1.32M +1936.92% | 2.69M +3583.56% | 3.33M +1984.38% | 3.48M +616.49% | 3.09M +133.23% | 3.17M +17.89% | 2.86M -14.18% | 3.06M -12.06% | 4.19M +35.69% | 3.61M +13.79% | 3.35M +17.19% | 3.13M +2.32% | 14.28M -- |
Gain (Loss) on Change in Fair Value | 0 -- | -- -- | -- -- | -- -- | -2.89M -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- |
Gain (Loss) on Foreign Currency Exchange | -346.00K -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- |
Other Non-Operating Income (Loss) | 139.00K -- | 167.00K -- | 250.00K -- | -2.75M -- | 2.44M +1651.80% | -13.00K -107.78% | 39.00K -84.40% | 4.00K +100.15% | 10.00K -99.59% | 4.00K +130.77% | -54.00K -238.46% | -14.00K -450.00% | -4.00K -140.00% | -4.00K -200.00% | -60.00K -11.11% | -5.00K +64.29% | -245.00K -6025.00% | -12.00K -200.00% | -14.00K +76.67% | -32.00K -540.00% | 47.00K +119.18% | -36.00K -200.00% | 4.00K +128.57% | -14.00K +56.25% | 1.00K -- |
Net Interest Expense | -107.00K -- | -50.00K -- | -2.00K -- | -1.00K -- | -2.00K +98.13% | -11.00K +78.00% | -55.00K -2650.00% | -49.00K -4800.00% | -55.00K -2650.00% | -69.00K -527.27% | -214.00K -289.09% | -499.00K -918.37% | -1.33M -2314.55% | -2.69M -3802.90% | -3.40M -1486.45% | -3.48M -597.39% | -3.33M -150.98% | -3.18M -18.16% | -2.88M +15.29% | -3.09M +11.26% | -4.14M -24.30% | -3.64M -14.49% | -3.35M -16.48% | -3.14M -1.72% | -14.28M -- |
Interest Income | 107.00K -- | 50.00K -- | 2.00K -- | 1.00K -- | 2.00K -98.13% | 11.00K -78.00% | 55.00K +2650.00% | 49.00K +4800.00% | 55.00K +2650.00% | 69.00K +527.27% | 214.00K +289.09% | 499.00K +918.37% | 1.33M +2314.55% | 2.69M +3802.90% | 3.40M +1486.45% | 3.48M +597.39% | 3.33M +150.98% | 3.18M +18.16% | 2.88M -15.29% | 3.09M -11.26% | 4.14M +24.30% | 3.64M +14.49% | 3.35M +16.48% | 3.14M +1.72% | 14.28M -- |
Pretax Income From Continuing Operations | -10.04M -- | -9.21M -- | -9.85M -- | -11.49M -- | -9.22M +8.22% | -13.30M -44.45% | -10.72M -8.93% | -11.81M -2.84% | -13.81M -49.85% | -13.75M -3.41% | -13.92M -29.84% | -16.81M -42.25% | -15.50M -12.24% | -21.47M -56.11% | -17.82M -28.01% | -29.71M -76.77% | -20.97M -35.26% | -22.28M -3.76% | -22.68M -27.22% | -21.88M +26.34% | -21.76M -3.76% | -23.82M -6.93% | -24.03M -5.97% | -24.59M -12.37% | -94.20M -- |
Income Tax Expense | 2.00K -- | -- -- | 0 -- | 102.00K -- | 711.00K +35450.00% | 39.00K -- | 14.00K -- | 20.00K -80.39% | 435.00K -38.82% | 21.00K -46.15% | 6.00K -57.14% | 13.00K -35.00% | 318.00K -26.90% | 60.00K +185.71% | 72.00K +1100.00% | 58.00K +346.15% | 49.00K -84.59% | 97.00K +61.67% | 61.00K -15.28% | 62.00K +6.90% | 40.00K -18.37% | 88.00K -9.28% | 64.00K +4.92% | 46.00K -25.81% | 238.00K -- |
Current Income Tax | 279.00K -- | -- -- | -- -- | -- -- | 408.00K +46.24% | -- -- | -- -- | -- -- | 419.00K +2.70% | -- -- | -- -- | -- -- | 304.00K -27.45% | -- -- | -- -- | -- -- | 258.00K -15.13% | -- -- | -- -- | -- -- | 554.00K +114.73% | -- -- | -- -- | -- -- | -- -- |
Deferred Income Tax | -299.00K -- | -- -- | -- -- | -- -- | 405.00K +235.45% | -- -- | -- -- | -- -- | 89.00K -78.02% | -- -- | -- -- | -- -- | 54.00K -39.33% | -- -- | -- -- | -- -- | -19.00K -135.19% | -- -- | -- -- | -- -- | -294.00K -1447.37% | -- -- | -- -- | -- -- | -- -- |
Net Income | -10.05M -- | -9.21M -- | -9.85M -- | -11.59M -- | -9.93M +1.16% | -13.34M -44.87% | -10.74M -9.07% | -11.84M -2.11% | -14.25M -43.50% | -13.77M -3.27% | -13.93M -29.73% | -16.82M -42.12% | -15.82M -11.05% | -21.53M -56.31% | -17.90M -28.47% | -29.77M -76.97% | -21.02M -32.85% | -22.37M -3.93% | -22.74M -27.05% | -21.95M +26.28% | -21.80M -3.71% | -23.91M -6.86% | -24.09M -5.97% | -24.64M -12.26% | -94.44M -- |
Net Income Attributable to Minority Interests | -271.00K -- | -205.00K -- | -157.00K -- | -156.00K -- | -10.70M -3848.71% | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- |
Net Income Attributable to Owners of the Company | -9.78M -- | -9.00M -- | -9.69M -- | -11.44M -- | 772.00K +107.90% | -13.34M -48.17% | -10.74M -10.84% | -11.84M -3.50% | -14.25M -1945.60% | -13.77M -3.27% | -13.93M -29.73% | -16.82M -42.12% | -15.82M -11.05% | -21.53M -56.31% | -17.90M -28.47% | -29.77M -76.97% | -21.02M -32.85% | -22.37M -3.93% | -22.74M -27.05% | -21.95M +26.28% | -21.80M -3.71% | -23.91M -6.86% | -24.09M -5.97% | -24.64M -12.26% | -94.44M -- |
Other Adjustments | 0 -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- |
Net Income Attributable to Common Stockholders | -9.78M -- | -9.00M -- | -9.69M -- | -11.44M -- | 772.00K +107.90% | -13.34M -48.17% | -10.74M -10.84% | -11.84M -3.50% | -14.25M -1945.60% | -13.77M -3.27% | -13.93M -29.73% | -16.82M -42.12% | -15.82M -11.05% | -21.53M -56.31% | -17.90M -28.47% | -29.77M -76.97% | -21.02M -32.85% | -22.37M -3.93% | -22.74M -27.05% | -21.95M +26.28% | -21.80M -3.71% | -23.91M -6.86% | -24.09M -5.97% | -24.64M -12.26% | -94.44M -- |
Other Comprehensive Income | 327.00K -- | -176.00K -- | 16.00K -- | 356.00K -- | -214.00K -165.44% | -108.00K +38.64% | 58.00K +262.50% | 7.00K -98.03% | -171.00K +20.09% | -558.00K -416.67% | -345.00K -694.83% | -107.00K -1628.57% | 526.00K +407.60% | 406.00K +172.76% | -359.00K -4.06% | -61.00K +42.99% | 817.00K +55.32% | -302.00K -174.38% | -122.00K +66.02% | 603.00K +1088.52% | -439.00K -153.73% | 330.00K +209.27% | -73.00K +40.16% | 131.00K -78.28% | -51.00K -- |
Total Comprehensive Income | -9.72M -- | -9.38M -- | -9.83M -- | -11.23M -- | -10.14M -4.36% | -13.45M -43.31% | -10.68M -8.66% | -11.83M -5.28% | -14.42M -42.16% | -14.33M -6.59% | -14.28M -33.66% | -16.93M -43.11% | -15.30M -6.08% | -21.12M -47.39% | -18.25M -27.88% | -29.83M -76.22% | -20.20M -32.07% | -22.68M -7.35% | -22.86M -25.22% | -21.34M +28.45% | -22.24M -10.08% | -23.58M -3.98% | -24.17M -5.72% | -24.50M -14.82% | -94.49M -- |
Total Comprehensive Income Attributable to Minority Interests | -223.00K -- | -205.00K -- | -157.00K -- | -128.00K -- | -28.00K +87.44% | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- |
Total Comprehensive Income Attributable to Owners of the Company | -9.50M -- | -9.18M -- | -9.67M -- | -11.11M -- | -10.12M -6.52% | -13.45M -46.51% | -10.68M -10.42% | -11.83M -6.49% | -14.42M -42.55% | -14.33M -6.59% | -14.28M -33.66% | -16.93M -43.11% | -15.30M -6.08% | -21.12M -47.39% | -18.25M -27.88% | -29.83M -76.22% | -20.20M -32.07% | -22.68M -7.35% | -22.86M -25.22% | -21.34M +28.45% | -22.24M -10.08% | -23.58M -3.98% | -24.17M -5.72% | -24.50M -14.82% | -94.49M -- |
Basic EPS | -- -- | -41.69 -- | -33.09 -- | -37.82 -- | -- -- | -0.88 +97.89% | -0.43 +98.70% | -0.47 +98.76% | -0.56 -- | -0.55 +37.50% | -0.55 -27.91% | -0.44 +6.38% | -0.29 +48.21% | -0.31 +43.64% | -0.25 +54.55% | -0.42 +4.55% | -0.33 -13.79% | -0.3 +3.23% | -0.31 -24.00% | -0.28 +33.33% | -0.25 +24.24% | -0.26 +13.33% | -0.26 +16.13% | -0.27 +3.57% | -1.04 -- |
Basic EPS from Continuing Operations | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -0.42 -- | -- -- | -0.3 -- | -0.31 -- | -0.28 +33.33% | -- -- | -0.26 +13.33% | -0.26 +16.13% | -0.27 +3.57% | -- -- |
Diluted EPS | -- -- | -41.69 -- | -33.09 -- | -37.82 -- | -- -- | -0.88 +97.89% | -0.43 +98.70% | -0.47 +98.76% | -- -- | -0.55 +37.50% | -0.55 -27.91% | -0.44 +6.38% | -- -- | -0.31 +43.64% | -0.25 +54.55% | -0.42 +4.55% | -- -- | -0.3 +3.23% | -0.31 -24.00% | -0.28 +33.33% | -- -- | -0.26 +13.33% | -0.26 +16.13% | -0.27 +3.57% | -- -- |
Diluted EPS from Continuing Operations | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -0.42 -- | -- -- | -0.3 -- | -0.31 -- | -0.28 +33.33% | -- -- | -0.26 +13.33% | -0.26 +16.13% | -0.27 +3.57% | -- -- |
You can ask Aime
What factors drove the changes in Terns's revenue and profit?What is Terns's gross profit margin?What is the market's earnings forecast for Terns next quarter?What is the revenue and EPS growth rate for Terns year over year?What does Terns do and what are its main business segments?What guidance did Terns's management provide for the next earnings period?What were the key takeaways from Terns's earnings call?Did Terns beat or miss consensus estimates last quarter?
