Tempus AI (TEM) Gross Margin (2023 - 2026)

Tempus AI's (TEM) quarterly Gross Margin came in at 92.79% in Q1 2026, down 106.0% year-on-year from 1546.42% in Q1 2025, and little changed on a QoQ basis from 92.76% in Q4 2025.

Tempus AI (TEM) Gross Margin (2023 - 2026) Analysis & Trends

Tempus AI (TEM) has 4 years of Gross Margin data on file, last reported at 92.79% in Q1 2026.

  • On a quarterly basis, Gross Margin fell 106.0% year-over-year to 92.79% in Q1 2026; TTM through Mar 2026 was 87.53%, a 2926.0% increase from a year earlier, with the FY2025 full-year figure at 93.1%, up 2821.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 92.79%, roughly flat from 92.76% in the prior quarter.
  • Over the last five years, Gross Margin for TEM reached as high as 93.84% in Q1 2025 and fell as low as 0.51% in Q4 2023.
  • Historically, Gross Margin has averaged 63.96% across 4 years, with a median of 66.28% in 2023.
  • Across the five-year window, Gross Margin plunged 570 bps in 2024 and soared 8798 bps in 2025, its largest moves.
  • Year by year, Gross Margin stood at 0.51% in 2023, then soared by 1041 bps to 4.78% in 2024, then jumped by 1840 bps to 92.76% in 2025, then rose by 0 bps to 92.79% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 92.79% in Q1 2026, 92.76% in Q4 2025, and 70.48% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Veeva Systems 31.83 Bn 24.52 Bn 662.02 Mn 74.98%
2 BrightSpring Health Services 14.58 Bn 13.68 Bn 482.22 Mn 13.34%
3 Healthequity 8.29 Bn 8.02 Bn 256.31 Mn 72.27%
4 Hinge Health 5.96 Bn 5.65 Bn 154.23 Mn 84.60%
5 10x Genomics 5.79 Bn 5.26 Bn 106.18 Mn 70.39%
6 MiniMed 4.49 Bn 4.19 Bn 480.00 Mn 57.35%
7 Waystar Holding 4.49 Bn 4.42 Bn 216.84 Mn 69.08%
8 Doximity 3.98 Bn 3.23 Bn 125.97 Mn 86.65%
9 Privia Health 3.18 Bn 2.76 Bn - -
10 Tempus AI 7.60 Mn -631.47 Mn 323.00 Mn 92.79%

Historic Data

Download Data
DateValue
Mar 31, 2026 92.79%
Dec 31, 2025 92.76%
Sep 30, 2025 70.48%
Jun 30, 2025 93.69%
Mar 31, 2025 93.84%
Dec 31, 2024 4.78%
Sep 30, 2024 66.77%
Jun 30, 2024 58.83%
Mar 31, 2024 63.77%
Dec 31, 2023 -0.51%
Sep 30, 2023 65.79%
Jun 30, 2023 64.54%