Tempus AI (TEM) Cost of Revenue (2023 - 2026)
Tempus AI (TEM) reported Cost of Revenue of $25.1 million for Q1 2026, down 70.38% year-over-year from $84.8 million in Q1 2025, and up 112.85% quarter-over-quarter from -$195.4 million in Q4 2025.
Tempus AI (TEM) Cost of Revenue (2023 - 2026) Analysis & Trends
Tempus AI (TEM) has 4 years of Cost of Revenue data on file, last reported at $25.1 million in Q1 2026.
- Cost of Revenue for Q1 2026 came in at $25.1 million, down 70.38% year-over-year; the trailing twelve-month figure through Mar 2026 was -$44.9 million (down 124.34% YoY), and the FY2025 annual result was $87.8 million, up 27.57% from the prior year.
- Cost of Revenue grew to $25.1 million in Q1 2026 per TEM's latest filing, from -$195.4 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $99.8 million in Q2 2025 and troughed at -$195.4 million in Q4 2025.
- A 4-year average of $22.0 million and a median of $25.4 million in 2025 frame the typical range for Cost of Revenue.
- On a YoY basis, Cost of Revenue climbed as much as 454.57% in 2025 and fell as far as 1288.95% in 2025.
- A 4-year view of Cost of Revenue shows it stood at $15.8 million in 2023, then increased by 4.07% to $16.4 million in 2024, then tumbled by 1288.95% to -$195.4 million in 2025, then surged by 112.85% to $25.1 million in 2026.
- Business Quant data shows TEM's Cost of Revenue at $25.1 million in Q1 2026, -$195.4 million in Q4 2025, and $25.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 26.11 Bn | 18.79 Bn | 662.02 Mn | 111.12 Mn |
| 2 | BrightSpring Health Services | 12.95 Bn | 12.07 Bn | 482.22 Mn | 260.92 Mn |
| 3 | Healthequity | 7.46 Bn | 7.19 Bn | 256.31 Mn | 26.83 Mn |
| 4 | Hinge Health | 5.15 Bn | 4.83 Bn | 154.23 Mn | 28.07 Mn |
| 5 | Doximity | 3.75 Bn | 3.00 Bn | 125.97 Mn | 112.73 Mn |
| 6 | 10x Genomics | 3.69 Bn | 3.15 Bn | 106.18 Mn | 44.67 Mn |
| 7 | Waystar Holding | 3.61 Bn | 3.45 Bn | 268.04 Mn | 45.83 Mn |
| 8 | Privia Health | 2.90 Bn | 2.54 Bn | 595.71 Mn | 8.13 Mn |
| 9 | Omnicell | 1.72 Bn | 1.54 Bn | 140.36 Mn | 169.52 Mn |
| 10 | Tempus AI | 8.55 Mn | -630.52 Mn | 323.00 Mn | 25.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.12 Mn |
| Mar 31, 2026 | 25.12 Mn |
| Dec 31, 2025 | -195.39 Mn |
| Dec 31, 2025 | -195.39 Mn |
| Sep 30, 2025 | 25.62 Mn |
| Sep 30, 2025 | 25.62 Mn |
| Jun 30, 2025 | 99.76 Mn |
| Jun 30, 2025 | 99.76 Mn |
| Mar 31, 2025 | 84.78 Mn |
| Mar 31, 2025 | 84.78 Mn |
| Dec 31, 2024 | 16.43 Mn |
| Dec 31, 2024 | 16.43 Mn |
| Sep 30, 2024 | 14.96 Mn |
| Sep 30, 2024 | 14.96 Mn |
| Jun 30, 2024 | 68.32 Mn |
| Jun 30, 2024 | 68.32 Mn |
| Mar 31, 2024 | 15.29 Mn |
| Mar 31, 2024 | 15.29 Mn |
| Dec 31, 2023 | 15.79 Mn |
| Dec 31, 2023 | 15.79 Mn |