Tempus AI (TEM) Operating Expenses (2023 - 2026)

For the trailing twelve months through Jun 30, 2026, Operating Expenses at Tempus AI was $1.72 billion, up 44.5% year-over-year; for FY2025, it was $1.52 billion, up 10.1% from FY2024.

• Annual Operating Expenses has increased for three consecutive years, with a three-year compound annual growth rate of 37.5% (FY2022 to FY2025).
• In prior years, Tempus AI's Operating Expenses was $1.38 billion in FY2024 (+90.2%), $727.91 million in FY2023 (+24.2%) and $586.11 million in FY2022.
• The Q2 2026 figure stands as the highest quarterly Operating Expenses since Q2 2024.
• On a year-over-year basis, Operating Expenses has increased in each of the last four quarters, with growth averaging 33.3% over the last eight quarters.
• The strongest year-over-year quarter for Operating Expenses in the past five years was Q2 2024, with growth of 293.9%; the weakest was Q2 2025, with a decline of 46.2%.
• According to Business Quant data, Operating Expenses for the three prior quarters was $432.83 million (Q1 2026), $428.62 million (Q4 2025) and $395.2 million (Q3 2025).