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
DateValue
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