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

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

Tempus AI's (TEM) quarterly Research & Development came in at $52.6 million in Q2 2026, up 26.47% year-over-year from $41.6 million in Q2 2025, and up 9.12% quarter-over-quarter from $48.2 million in Q1 2026.

Analysis

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

Tempus AI (TEM) has reported Research & Development for 4 consecutive years, with $52.6 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Research & Development rose 26.47% year-over-year to $52.6 million in Q2 2026; TTM through Jun 2026 was $196.3 million, a 46.0% increase from a year earlier, with the FY2025 full-year figure at $172.9 million, up 15.8% from the prior year.
  • Research & Development was $52.6 million for Q2 2026 at Tempus AI, up from $48.2 million in the prior quarter.
  • Over five years, Research & Development peaked at $68.0 million in Q2 2024 and troughed at $22.2 million in Q2 2023.
  • A 4-year average of $37.9 million and a median of $35.9 million in 2025 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development jumped 206.82% in 2024 and slumped 38.82% in 2025, its largest moves.
  • Over 4 years, Research & Development stood at $24.1 million in 2023, then climbed by 23.0% to $29.6 million in 2024, then soared by 70.44% to $50.5 million in 2025, then rose by 4.29% to $52.6 million in 2026.
  • The last three Research & Development figures came in at $52.6 million (Q2 2026), $48.2 million (Q1 2026), and $50.5 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Natera 47.13 Bn 46.03 Bn 486.15 Mn 228.07 Mn
2 Labcorp Holdings 26.44 Bn 26.32 Bn 1.11 Bn -
3 Quest Diagnostics 26.16 Bn 25.84 Bn 1.03 Bn -
4 Guardant Health 21.57 Bn 20.51 Bn 219.03 Mn 189.95 Mn
5 Tempus AI 11.32 Bn 10.51 Bn 274.25 Mn 52.64 Mn
6 Caris Life Sciences 7.08 Bn 6.29 Bn 182.38 Mn 53.76 Mn
7 Sotera Health 5.39 Bn 5.04 Bn 177.96 Mn -
8 BillionToOne 4.65 Bn 4.11 Bn 77.11 Mn 17.32 Mn
9 iRhythm Holdings 4.05 Bn 3.46 Bn 163.21 Mn 19.84 Mn
10 Adaptive Biotechnologies 3.86 Bn 3.53 Bn 51.39 Mn 26.41 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 52.64 Mn
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