Tempus AI TEM
NASDAQ TEM
$64.62 -0.04 (-0.06%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Tempus AI's (TEM) quarterly Operating Expenses came in at $458.4 million in Q2 2026, up 21.78% year-over-year from $376.4 million in Q2 2025, and up 5.91% quarter-over-quarter from $432.8 million in Q1 2026.

Analysis

Tempus AI (TEM) Operating Expenses (2023 - 2026) Analysis & Trends

Tempus AI (TEM) has reported Operating Expenses for 4 consecutive years, with $458.4 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 21.78% year-over-year to $458.4 million in Q2 2026; TTM through Jun 2026 was $1.7 billion, a 44.52% increase from a year earlier, with the FY2025 full-year figure at $1.5 billion, up 10.13% from the prior year.
  • Operating Expenses was $458.4 million for Q2 2026 at Tempus AI, up from $432.8 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $699.5 million in Q2 2024 and troughed at $177.6 million in Q2 2023.
  • A 4-year average of $335.3 million and a median of $324.4 million in 2025 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses surged 293.94% in 2024 and tumbled 46.19% in 2025, its largest moves.
  • Over 4 years, Operating Expenses stood at $200.0 million in 2023, then climbed by 25.68% to $251.4 million in 2024, then soared by 70.51% to $428.6 million in 2025, then advanced by 6.95% to $458.4 million in 2026.
  • The last three Operating Expenses figures came in at $458.4 million (Q2 2026), $432.8 million (Q1 2026), and $428.6 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Natera 47.13 Bn 46.03 Bn 486.15 Mn 828.54 Mn
2 Labcorp Holdings 26.44 Bn 26.32 Bn 1.11 Bn 582.30 Mn
3 Quest Diagnostics 26.16 Bn 25.84 Bn 1.03 Bn 2.58 Bn
4 Guardant Health 21.57 Bn 20.51 Bn 219.03 Mn 464.10 Mn
5 Tempus AI 11.32 Bn 10.51 Bn 274.25 Mn 458.40 Mn
6 Caris Life Sciences 7.08 Bn 6.29 Bn 182.38 Mn 236.79 Mn
7 Sotera Health 5.39 Bn 5.04 Bn 177.96 Mn 68.16 Mn
8 BillionToOne 4.65 Bn 4.11 Bn 77.11 Mn 71.60 Mn
9 iRhythm Holdings 4.05 Bn 3.46 Bn 163.21 Mn 165.75 Mn
10 Adaptive Biotechnologies 3.86 Bn 3.53 Bn 51.39 Mn 87.32 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 458.40 Mn
Mar 31, 2026 432.83 Mn
Dec 31, 2025 428.62 Mn
Sep 30, 2025 395.20 Mn
Jun 30, 2025 376.41 Mn
Mar 31, 2025 324.43 Mn
Dec 31, 2024 251.38 Mn
Sep 30, 2024 234.55 Mn
Jun 30, 2024 699.46 Mn
Mar 31, 2024 199.09 Mn
Dec 31, 2023 200.02 Mn
Sep 30, 2023 180.85 Mn
Jun 30, 2023 177.56 Mn