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| Date | Value |
|---|---|
| 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 |