Tempus AI (TEM) Enterprise Value (2023 - 2026)
Tempus AI (TEM) posted quarterly Enterprise Value of -$816.0 million for Q2 2026, down 180.11% year-over-year from $1.0 billion in Q2 2025, and down 27.68% quarter-over-quarter from -$639.1 million in Q1 2026.
Tempus AI (TEM) Enterprise Value (2023 - 2026) Analysis & Trends
Tempus AI (TEM) has reported Enterprise Value for 5 consecutive years, with -$816.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Enterprise Value fell 180.11% year-over-year to -$816.0 million; the TTM figure through Jun 2026 stood at -$816.0 million (down 180.11% YoY), while the FY2025 annual figure was -$755.0 million, down 68.43% from the prior year.
- Enterprise Value retreated to -$816.0 million in Q2 2026 per TEM's latest filing, from -$639.1 million in the prior quarter.
- Across five years, Enterprise Value topped out at $908.0 million in Q4 2023 and bottomed at -$816.0 million in Q2 2026.
- Historically, Enterprise Value has averaged -$335.3 million across 5 years, with a median of -$375.6 million in 2022.
- Annual changes were most pronounced in 2023 — Enterprise Value jumped 399.72% — and 2024, when it plunged 251.4%.
- Tempus AI's Enterprise Value stood at -$302.9 million in 2022, then surged by 399.72% to $908.0 million in 2023, then plunged by 149.37% to -$448.3 million in 2024, then plunged by 68.43% to -$755.0 million in 2025, then declined by 8.08% to -$816.0 million in 2026.
- Business Quant data shows TEM's Enterprise Value at -$816.0 million in Q2 2026, -$639.1 million in Q1 2026, and -$755.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | -7.31 Bn |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | -552.56 Mn |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | -265.37 Mn |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | -552.03 Mn |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | -389.39 Mn |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | -298.00 Mn |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | -191.60 Mn |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | -687.79 Mn |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | -374.99 Mn |
| 10 | Tempus AI | 9.37 Mn | -806.62 Mn | 274.25 Mn | -815.99 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -815.99 Mn |
| Mar 31, 2026 | -639.07 Mn |
| Dec 31, 2025 | -755.00 Mn |
| Sep 30, 2025 | -759.64 Mn |
| Jun 30, 2025 | -291.31 Mn |
| Mar 31, 2025 | -218.79 Mn |
| Dec 31, 2024 | -448.26 Mn |
| Sep 30, 2024 | -466.32 Mn |
| Jun 30, 2024 | -490.07 Mn |
| Mar 31, 2024 | -79.94 Mn |
| Dec 31, 2023 | 907.97 Mn |
| Sep 30, 2023 | -132.71 Mn |
| Jun 30, 2023 | -202.27 Mn |