Tempus AI (TEM) Invested Capital (2023 - 2026)
Tempus AI's Invested Capital came in at $444.93 million for Q2 2026, down 43.0% from $781.23 million a year earlier and down 28.4% from the prior quarter.
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Analysis
Tempus AI (TEM) Invested Capital (2023 - 2026) Analysis & Trends
For FY2025, Tempus AI's Invested Capital was $694.08 million, up 114.5% from FY2024.
- Going back by year, Invested Capital was $323.58 million in FY2024 and -$1.13 billion in FY2023.
- The Q2 2026 figure represents the lowest quarterly Invested Capital since Q4 2024.
- Year-over-year, Invested Capital increased in three of the last five quarters, with growth averaging 57.9%.
- Business Quant data shows TEM's Invested Capital at $621.03 million (Q1 2026), $694.08 million (Q4 2025) and $708.68 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 93.06 Bn | 92.50 Bn | - | 43.08 Bn |
| 2 | Natera | 59.36 Bn | 55.04 Bn | 485.19 Mn | 1.90 Bn |
| 3 | Quest Diagnostics | 25.72 Bn | 24.15 Bn | 1.03 Bn | 13.46 Bn |
| 4 | Labcorp Holdings | 24.93 Bn | 22.69 Bn | 1.11 Bn | 14.47 Bn |
| 5 | Guardant Health | 23.83 Bn | 19.89 Bn | 219.03 Mn | - |
| 6 | Tenet Healthcare | 20.58 Bn | 11.72 Bn | - | 19.81 Bn |
| 7 | Tempus AI | 14.35 Bn | 11.38 Bn | 246.50 Mn | 444.93 Mn |
| 8 | Encompass Health | 11.99 Bn | 12.46 Bn | - | 6.04 Bn |
| 9 | BrightSpring Health Services | 11.21 Bn | 9.55 Bn | 492.75 Mn | 4.24 Bn |
| 10 | Davita | 11.19 Bn | 9.96 Bn | 1.16 Bn | 10.02 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 444.93 Mn |
| Mar 31, 2026 | 621.03 Mn |
| Dec 31, 2025 | 694.08 Mn |
| Sep 30, 2025 | 708.68 Mn |
| Jun 30, 2025 | 781.23 Mn |
| Mar 31, 2025 | 793.34 Mn |
| Dec 31, 2024 | 323.58 Mn |
| Sep 30, 2024 | 318.26 Mn |
| Jun 30, 2024 | 360.10 Mn |
| Dec 31, 2023 | -1.13 Bn |
API Access
Tempus AI Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=TEM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "TEM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=TEM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();