Tempus AI (TEM) Research & Development (2023 - 2026)

Tempus AI's (TEM) quarterly Research & Development came in at $48.2 million in Q1 2026, up 34.46% year-on-year from $35.9 million in Q1 2025, and down 4.43% on a QoQ basis from $50.5 million in Q4 2025.

Tempus AI (TEM) Research & Development (2023 - 2026) Analysis & Trends

Tempus AI (TEM) has 4 years of Research & Development data on file, last reported at $48.2 million in Q1 2026.

  • On a quarterly basis, Research & Development rose 34.46% year-over-year to $48.2 million in Q1 2026; TTM through Mar 2026 was $185.3 million, a 15.19% increase from a year earlier, with the FY2025 full-year figure at $172.9 million, up 15.8% from the prior year.
  • Research & Development for Q1 2026 stood at $48.2 million, down from $50.5 million in the prior quarter.
  • Over the last five years, Research & Development for TEM reached as high as $68.0 million in Q2 2024 and fell as low as $22.2 million in Q2 2023.
  • Historically, Research & Development has averaged $36.7 million across 4 years, with a median of $32.7 million in 2024.
  • Across the five-year window, Research & Development soared 206.82% in 2024 and tumbled 38.82% in 2025, its largest moves.
  • Year by year, Research & Development stood at $24.1 million in 2023, then gained by 23.0% to $29.6 million in 2024, then jumped by 70.44% to $50.5 million in 2025, then dropped by 4.43% to $48.2 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $48.2 million in Q1 2026, $50.5 million in Q4 2025, and $45.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Veeva Systems 31.59 Bn 24.28 Bn 662.02 Mn 208.32 Mn
2 BrightSpring Health Services 14.75 Bn 13.85 Bn 482.22 Mn -
3 Healthequity 8.24 Bn 7.98 Bn 256.31 Mn 26.83 Mn
4 10x Genomics 5.91 Bn 5.37 Bn 106.18 Mn 56.85 Mn
5 Hinge Health 5.90 Bn 5.58 Bn 154.23 Mn 30.34 Mn
6 MiniMed 4.50 Bn 4.21 Bn 480.00 Mn 99.00 Mn
7 Waystar Holding 4.43 Bn 4.36 Bn 216.84 Mn 45.83 Mn
8 Doximity 3.91 Bn 3.16 Bn 125.97 Mn 39.11 Mn
9 Privia Health 3.19 Bn 2.77 Bn - 8.13 Mn
10 Tempus AI 7.74 Mn -631.33 Mn 323.00 Mn 48.24 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 48.24 Mn
Dec 31, 2025 50.47 Mn
Sep 30, 2025 44.96 Mn
Jun 30, 2025 41.62 Mn
Mar 31, 2025 35.87 Mn
Dec 31, 2024 29.61 Mn
Sep 30, 2024 27.35 Mn
Jun 30, 2024 68.03 Mn
Mar 31, 2024 24.34 Mn
Dec 31, 2023 24.08 Mn
Sep 30, 2023 23.23 Mn
Jun 30, 2023 22.17 Mn