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

Tempus AI's (TEM) quarterly Operating Margin came in at 24.33% in Q1 2026, up 253.0% year-on-year from 6.89% in Q1 2025, and down 45.5% on a QoQ basis from 16.72% in Q4 2025.

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

Tempus AI (TEM) has 4 years of Operating Margin data on file, last reported at 24.33% in Q1 2026.

  • On a quarterly basis, Operating Margin rose 253.0% year-over-year to 24.33% in Q1 2026; TTM through Mar 2026 was 19.71%, a 6824.0% increase from a year earlier, with the FY2025 full-year figure at 19.88%, up 7978.0% from the prior year.
  • Operating Margin for Q1 2026 stood at 24.33%, down from 16.72% in the prior quarter.
  • Over the last five years, Operating Margin for TEM reached as high as 16.72% in Q4 2025 and fell as low as 321.44% in Q2 2024.
  • Historically, Operating Margin has averaged 51.76% across 4 years, with a median of 28.25% in 2024.
  • Across the five-year window, Operating Margin tumbled 28735 bps in 2024 and jumped 30181 bps in 2025, its largest moves.
  • Year by year, Operating Margin stood at 35.4% in 2023, then rose by 29 bps to 25.26% in 2024, then jumped by 34 bps to 16.72% in 2025, then tumbled by 46 bps to 24.33% in 2026.
  • Per Business Quant data, the three most recent Operating Margin figures were 24.33% in Q1 2026, 16.72% in Q4 2025, and 18.25% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Veeva Systems 32.18 Bn 24.87 Bn 662.02 Mn 30.93%
2 BrightSpring Health Services 14.67 Bn 13.77 Bn 482.22 Mn 3.36%
3 Healthequity 8.42 Bn 8.15 Bn 256.31 Mn 29.03%
4 Hinge Health 5.96 Bn 5.65 Bn 154.23 Mn 17.59%
5 10x Genomics 5.89 Bn 5.35 Bn 106.18 Mn -11.30%
6 MiniMed 4.52 Bn 4.22 Bn 480.00 Mn -11.11%
7 Waystar Holding 4.46 Bn 4.40 Bn 216.84 Mn 25.64%
8 Doximity 3.96 Bn 3.21 Bn 125.97 Mn 17.08%
9 Privia Health 3.13 Bn 2.71 Bn - 1.23%
10 Tempus AI 7.63 Mn -631.44 Mn 323.00 Mn -24.33%

Historic Data

Download Data
DateValue
Mar 31, 2026 -24.33%
Dec 31, 2025 -16.72%
Sep 30, 2025 -18.25%
Jun 30, 2025 -19.63%
Mar 31, 2025 -26.86%
Dec 31, 2024 -25.26%
Sep 30, 2024 -29.63%
Jun 30, 2024 -321.44%
Mar 31, 2024 -36.53%
Dec 31, 2023 -35.40%
Sep 30, 2023 -32.92%
Jun 30, 2023 -34.09%