Tempus AI (TEM) Tax Rate (2026)
Tempus AI's Tax Rate came in at 3.51% for Q2 2026, up 4.03 percentage points from -0.52% a year earlier and up 3.45 percentage points from the prior quarter.
Tempus AI (TEM) Tax Rate (2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Tempus AI reported Tax Rate of 2.17%, down 17.13 percentage points year-over-year; for FY2025, it came in at 17.75%, up 17.79 percentage points from FY2024.
- Going back by year, Tax Rate was -0.04% in FY2024 (+0.10 pp) and -0.13% in FY2023.
- The five-year range for quarterly Tax Rate is -1.18% (Q4 2024) to 41.11% (Q1 2025).
- Year-over-year, Tax Rate increased in four of the last eight quarters, with an average year-over-year change of +1.79 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q1 2025 (a gain of 41.13 percentage points), and the weakest in Q1 2026 (a drop of 41.06 percentage points).
- Business Quant data shows TEM's Tax Rate at 0.05% (Q1 2026), 10.51% (Q4 2025) and -0.34% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - | 22.61% |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn | - |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn | 21.36% |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn | 22.59% |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn | - |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - | 22.01% |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn | 3.51% |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - | 20.49% |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn | 21.10% |
| 10 | BrightSpring Health Services | 11.17 Bn | 9.51 Bn | 492.75 Mn | 7.39% |
Tempus AI Tax Rate 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=tax-rate&ticker=TEM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=TEM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();