Tempus AI (TEM) Cost of Revenue (2023 - 2026)
Tempus AI (TEM) posted quarterly Cost of Revenue of $108.2 million for 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.
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.
- In Q2 2026, Cost of Revenue rose 8.5% year-over-year to $108.2 million; the TTM figure through Jun 2026 stood at $410.8 million (up 33.86% YoY), while the FY2025 annual figure was $386.1 million, up 58.58% from the prior year.
- Cost of Revenue grew to $108.2 million in Q2 2026 per TEM's latest filing, from $101.0 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $108.2 million in Q2 2026 and bottomed at $46.5 million in Q3 2023.
- Historically, Cost of Revenue has averaged $75.6 million across 4 years, with a median of $68.3 million in 2024.
- Annual changes were most pronounced in 2025 — Cost of Revenue soared 65.51% — and 2026, when it increased 8.5%.
- Tempus AI's Cost of Revenue stood at $50.4 million in 2023, then increased by 23.42% to $62.2 million in 2024, then jumped by 65.51% to $102.9 million in 2025, then grew by 5.16% to $108.2 million in 2026.
- Business Quant data shows TEM's Cost of Revenue at $108.2 million in Q2 2026, $101.0 million in Q1 2026, and $102.9 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 220.92 Mn |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 271.40 Mn |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 98.33 Mn |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | 38.54 Mn |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 28.87 Mn |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | 357.00 Mn |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 97.69 Mn |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 23.69 Mn |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | 10.89 Mn |
| 10 | Tempus AI | 9.37 Mn | -806.62 Mn | 274.25 Mn | 108.23 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 108.23 Mn |
| Jun 30, 2026 | 108.23 Mn |
| Mar 31, 2026 | 25.12 Mn |
| Mar 31, 2026 | 25.12 Mn |
| Dec 31, 2025 | 26.58 Mn |
| Dec 31, 2025 | 26.58 Mn |
| Sep 30, 2025 | 98.64 Mn |
| Sep 30, 2025 | 98.64 Mn |
| Jun 30, 2025 | 19.84 Mn |
| Jun 30, 2025 | 19.84 Mn |
| Mar 31, 2025 | 15.75 Mn |
| Mar 31, 2025 | 15.75 Mn |
| Dec 31, 2024 | 191.08 Mn |
| Dec 31, 2024 | 191.08 Mn |
| Sep 30, 2024 | 60.13 Mn |
| Sep 30, 2024 | 60.13 Mn |
| Jun 30, 2024 | 68.32 Mn |
| Jun 30, 2024 | 68.32 Mn |
| Mar 31, 2024 | 52.84 Mn |
| Mar 31, 2024 | 52.84 Mn |