Tempus AI (TEM) Cost of Revenue (2023 - 2026)
Tempus AI's (TEM) quarterly Cost of Revenue came in at $108.2 million in Q2 2026, up 8.5% year-over-year from $99.8 million in Q2 2025, and up 7.2% quarter-over-quarter from $101.0 million in Q1 2026.
Analysis
Tempus AI (TEM) Cost of Revenue (2023 - 2026) Analysis & Trends
Tempus AI (TEM) has reported Cost of Revenue for 4 consecutive years, with $108.2 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 8.5% year-over-year to $108.2 million in Q2 2026; TTM through Jun 2026 was $410.8 million, a 33.86% increase from a year earlier, with the FY2025 full-year figure at $386.1 million, up 58.58% from the prior year.
- Cost of Revenue was $108.2 million for Q2 2026 at Tempus AI, up from $101.0 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $108.2 million in Q2 2026 and troughed at $46.5 million in Q3 2023.
- A 4-year average of $75.6 million and a median of $68.3 million in 2024 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue surged 65.51% in 2025 and grew 8.5% in 2026, its largest moves.
- Over 4 years, Cost of Revenue stood at $50.4 million in 2023, then climbed by 23.42% to $62.2 million in 2024, then surged by 65.51% to $102.9 million in 2025, then advanced by 5.16% to $108.2 million in 2026.
- The last three Cost of Revenue figures came in at $108.2 million (Q2 2026), $101.0 million (Q1 2026), and $102.9 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Natera | 47.13 Bn | 46.03 Bn | 486.15 Mn | 266.60 Mn |
| 2 | Labcorp Holdings | 26.44 Bn | 26.32 Bn | 1.11 Bn | 2.62 Bn |
| 3 | Quest Diagnostics | 26.16 Bn | 25.84 Bn | 1.03 Bn | 2.02 Bn |
| 4 | Guardant Health | 21.57 Bn | 20.51 Bn | 219.03 Mn | 115.95 Mn |
| 5 | Tempus AI | 11.32 Bn | 10.51 Bn | 274.25 Mn | 108.23 Mn |
| 6 | Caris Life Sciences | 7.08 Bn | 6.29 Bn | 182.38 Mn | 81.33 Mn |
| 7 | Sotera Health | 5.39 Bn | 5.04 Bn | 177.96 Mn | 143.41 Mn |
| 8 | BillionToOne | 4.65 Bn | 4.11 Bn | 77.11 Mn | 32.34 Mn |
| 9 | iRhythm Holdings | 4.05 Bn | 3.46 Bn | 163.21 Mn | 60.97 Mn |
| 10 | Adaptive Biotechnologies | 3.86 Bn | 3.53 Bn | 51.39 Mn | 20.17 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 108.23 Mn |
| Mar 31, 2026 | 100.96 Mn |
| Dec 31, 2025 | 102.92 Mn |
| Sep 30, 2025 | 98.64 Mn |
| Jun 30, 2025 | 99.76 Mn |
| Mar 31, 2025 | 84.78 Mn |
| Dec 31, 2024 | 62.18 Mn |
| Sep 30, 2024 | 60.13 Mn |
| Jun 30, 2024 | 68.32 Mn |
| Mar 31, 2024 | 52.84 Mn |
| Dec 31, 2023 | 50.38 Mn |
| Sep 30, 2023 | 46.54 Mn |
| Jun 30, 2023 | 46.96 Mn |