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

Tempus AI (TEM) reported Research & Development of $48.2 million for Q1 2026, up 34.46% year-over-year from $35.9 million in Q1 2025, and down 4.43% quarter-over-quarter 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.

  • Research & Development for Q1 2026 came in at $48.2 million, up 34.46% year-over-year; the trailing twelve-month figure through Mar 2026 was $185.3 million (up 15.19% YoY), and the FY2025 annual result was $172.9 million, up 15.8% from the prior year.
  • Research & Development declined to $48.2 million in Q1 2026 per TEM's latest filing, from $50.5 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 $36.7 million and a median of $32.7 million in 2024 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2024 and 2025: Research & Development surged 206.82% in 2024, then sank 38.82% in 2025.
  • A 4-year view of Research & Development shows it stood at $24.1 million in 2023, then grew by 23.0% to $29.6 million in 2024, then jumped by 70.44% to $50.5 million in 2025, then retreated by 4.43% to $48.2 million in 2026.
  • Business Quant data shows TEM's Research & Development at $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 26.11 Bn 18.79 Bn 662.02 Mn 208.32 Mn
2 BrightSpring Health Services 12.95 Bn 12.07 Bn 482.22 Mn -
3 Healthequity 7.46 Bn 7.19 Bn 256.31 Mn 67.77 Mn
4 Hinge Health 5.15 Bn 4.83 Bn 154.23 Mn 30.34 Mn
5 Doximity 3.75 Bn 3.00 Bn 125.97 Mn 39.11 Mn
6 10x Genomics 3.69 Bn 3.15 Bn 106.18 Mn 56.85 Mn
7 Waystar Holding 3.61 Bn 3.45 Bn 268.04 Mn 18.37 Mn
8 Privia Health 2.90 Bn 2.54 Bn 595.71 Mn -
9 Omnicell 1.72 Bn 1.54 Bn 140.36 Mn 21.52 Mn
10 Tempus AI 8.55 Mn -630.52 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