Tempus AI (TEM) Operating Margin (2023 - 2026)
Tempus AI (TEM) posted Operating Margin of -13.82% for Q3 2026, up 4.43 percentage points from -18.25% a year earlier and up 6.03 percentage points from the prior quarter.
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Analysis
Tempus AI (TEM) Operating Margin (2023 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Operating Margin at Tempus AI was -18.48%, up 3.43 percentage points year-over-year; for FY2025, it came in at -19.88%, up 79.78 percentage points from FY2024.
- Annual Operating Margin shows a three-year change of +62.89 percentage points (FY2022 to FY2025).
- In prior years, Tempus AI's Operating Margin was -99.67% in FY2024 (-62.80 pp), -36.87% in FY2023 (+45.91 pp) and -82.78% in FY2022.
- The Q3 2026 figure stands as the highest quarterly Operating Margin in data going back to Q2 2023.
- On a year-over-year basis, Operating Margin increased in seven of the last eight quarters, with an average year-over-year change of +43.54 percentage points.
- The strongest year-over-year quarter for Operating Margin in the past five years was Q2 2025, with a gain of 301.81 percentage points; the weakest was Q2 2024, with a drop of 287.35 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was -19.85% (Q2 2026), -24.33% (Q1 2026) and -16.72% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 108.44 Bn | 104.53 Bn | - | - |
| 2 | Natera | 46.38 Bn | 42.00 Bn | 513.47 Mn | -8.60% |
| 3 | Labcorp Holdings | 30.37 Bn | 28.45 Bn | 1.11 Bn | 10.55% |
| 4 | Quest Diagnostics | 28.52 Bn | 26.28 Bn | 1.04 Bn | 15.47% |
| 5 | Tenet Healthcare | 23.21 Bn | 12.51 Bn | - | 31.08% |
| 6 | Guardant Health | 21.35 Bn | 16.97 Bn | 236.15 Mn | -36.78% |
| 7 | Tempus AI | 15.33 Bn | 12.48 Bn | 266.70 Mn | -13.82% |
| 8 | BrightSpring Health Services | 14.30 Bn | 12.05 Bn | 518.55 Mn | 3.81% |
| 9 | Encompass Health | 13.86 Bn | 13.49 Bn | - | - |
| 10 | Davita | 11.86 Bn | 9.23 Bn | 1.13 Bn | 13.95% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -13.82% |
| Jun 30, 2026 | -19.85% |
| 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% |
API Access
Tempus AI Operating Margin 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=operating-margin&ticker=TEM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "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=operating-margin&ticker=TEM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();