Tempus AI (TEM) Gross Margin (2023 - 2026)
Tempus AI (TEM) posted quarterly Gross Margin of 71.7% for Q2 2026, up 341.0% year-over-year from 16.26% in Q2 2025, and up 0.99% quarter-over-quarter from 71.0% in Q1 2026.
Tempus AI (TEM) Gross Margin (2023 - 2026) Analysis & Trends
Tempus AI (TEM) has reported Gross Margin for 4 consecutive years, with 71.7% the latest figure, recorded in Q2 2026.
- In Q2 2026, Gross Margin rose 341.0% year-over-year to 71.7%; the TTM figure through Jun 2026 stood at 71.32% (up 355.0% YoY), while the FY2025 annual figure was 69.64%, up 475.0% from the prior year.
- Gross Margin rose to 71.7% in Q2 2026 per TEM's latest filing, from 71.0% in the prior quarter.
- Across five years, Gross Margin topped out at 71.97% in Q4 2025 and bottomed at 58.83% in Q2 2024.
- Historically, Gross Margin has averaged 67.3% across 4 years, with a median of 66.85% in 2025.
- Annual changes were most pronounced in 2024 — Gross Margin slumped 570 bps — and 2025, when it soared 946 bps.
- Tempus AI's Gross Margin stood at 65.89% in 2023, then increased by 5 bps to 69.01% in 2024, then grew by 4 bps to 71.97% in 2025, then dropped by 0 bps to 71.7% in 2026.
- Business Quant data shows TEM's Gross Margin at 71.7% in Q2 2026, 71.0% in Q1 2026, and 71.97% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 74.98% |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 12.72% |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 72.27% |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | 74.48% |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 86.44% |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | 57.35% |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 69.44% |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 84.87% |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | 83.00% |
| 10 | Tempus AI | 9.37 Mn | -806.62 Mn | 274.25 Mn | 71.70% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 71.70% |
| 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% |