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TOWER SEMICONDUCTOR LTD
CIK 928876Updated Sep 24, 2026
SecurityTSEM · NASDAQ · equity
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Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 3,322,290,000Source | 3,080,485,000Source | 2,918,517,000Source | 2,547,608,000Source |
| Property, Plant and Equipment, NetUSD | 1,463,056,000Source | 1,286,622,000Source | 1,155,929,000Source | 962,258,000Source |
| GoodwillUSD | 7,000,000Source | 7,000,000Source | 7,000,000Source | 7,000,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 1,530,000Source | 3,196,000Source | 5,115,000Source | 7,031,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 235,369,000Source | 271,894,000Source | 260,664,000Source | 340,759,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 222,795,000Source | 211,932,000Source | 154,067,000Source | 152,935,000Source |
| Inventory, NetUSD | 256,855,000Source | 268,295,000Source | 282,688,000Source | 302,108,000Source |
| Assets, CurrentUSD | 1,709,622,000Source | 1,760,289,000Source | 1,709,158,000Source | 1,495,174,000Source |
| Operating Lease, Right-of-Use AssetUSD | 117,704,000Source | 7,874,000Source | 9,762,000Source | 10,355,000Source |
| Other Assets, NoncurrentUSD | 141,082,000Source | 14,728,000Source | — | — |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 417,707,000Source | 440,305,000Source | 491,478,000Source | 659,067,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 450,905,000Source | 446,562,000Source | 443,631,000Source | 440,150,000Source |
| Additional Paid in CapitalUSD | 1,373,643,000Source | 1,377,986,000Source | 1,380,917,000Source | 1,384,398,000Source |
| Retained Earnings (Accumulated Deficit)USD | 895,949,000Source | 675,479,000Source | 467,615,000Source | -50,879,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -66,457,000Source | -74,188,000Source | -52,935,000Source | -47,537,000Source |
| Stockholders' Equity Attributable to ParentUSD | 2,919,287,000Source | 2,653,318,000Source | 2,432,499,000Source | 1,891,181,000Source |
| Liabilities and EquityUSD | 3,322,290,000Source | 3,080,485,000Source | 2,918,517,000Source | 2,547,608,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 263,747,000Source | 285,064,000Source | 276,838,000Source | 387,388,000Source |
| Operating Lease, Liability, CurrentUSD | 3,069,000Source | 3,913,000Source | 3,450,000Source | 3,171,000Source |
| Accounts Payable, CurrentUSD | 123,915,000Source | 130,624,000Source | 139,128,000Source | 150,930,000Source |
| Operating Lease, Liability, NoncurrentUSD | 12,953,000Source | 3,961,000Source | 6,312,000Source | 7,184,000Source |
| Other Liabilities, NoncurrentUSD | 12,174,000Source | 10,129,000Source | — | — |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | -14,704,000Source | -13,138,000Source | -5,460,000Source | -2,640,000Source |
| Additional Financial Items | ||||
| Deferred Revenue, CurrentUSD | 25,581,000Source | 21,655,000Source | 18,418,000Source | 38,911,000Source |
| Long-term Debt, Current MaturitiesUSD | — | — | — | 62,275,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 133,406,000Source | 132,437,000Source | 172,611,000Source | — |
| Short-term InvestmentsUSD | 916,541,000Source | 946,351,000Source | 790,823,000Source | 495,359,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 218,814,000Source | 207,222,000Source | 519,530,000Source | 266,471,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 303,112,000Source | 266,279,000Source | 258,021,000Source | 292,638,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 10,498,000Source | 60,169,000Source | 3,160,000Source | 15,232,000Source |
| Increase (Decrease) in InventoriesUSD | -11,800,000Source | -4,778,000Source | -8,682,000Source | 77,891,000Source |
| Increase (Decrease) in Accounts PayableUSD | -12,157,000Source | 35,784,000Source | -8,254,000Source | -20,893,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 395,482,000Source | 448,682,000Source | 676,561,000Source | 529,820,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -398,091,000Source | -400,239,000Source | -720,847,000Source | -329,448,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 444,425,000Source | 436,153,000Source | 444,502,000Source | 366,403,000Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -33,353,000Source | -32,455,000Source | -30,414,000Source | -66,650,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -36,525,000Source | 11,230,000Source | -80,095,000Source | 129,829,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 235,369,000Source | 271,894,000Source | 260,664,000Source | 340,759,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 4,736,000Source | 4,255,000Source | 4,519,000Source | 4,458,000Source |
| Income Taxes Paid, NetUSD | 20,343,000Source | 23,488,000Source | 12,739,000Source | 12,802,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 37,768,000Source | 33,837,000Source | 27,931,000Source | 24,215,000Source |
| Amortization of Debt Issuance Costs and DiscountsUSD | — | 0Source | 640,000Source | 772,000Source |
| DepreciationUSD | 13,786,000Source | 15,195,000Source | 18,307,000Source | 14,215,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 0Source | -133,000Source | 1,632,000Source | -10,362,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | 0Source | 0Source | 52,168,000Source | — |
| GoodwillUSD | 7,000,000Source | 7,000,000Source | 7,000,000Source | 7,000,000Source |
| Income Tax Expense (Benefit)USD | 21,569,000Source | 10,205,000Source | 65,312,000Source | 25,502,000Source |
| Net Income (Loss) Attributable to ParentUSD | 220,470,000Source | 207,864,000Source | 518,494,000Source | 264,569,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -1,656,000Source | -642,000Source | 1,036,000Source | 1,902,000Source |
| Operating ExpensesUSD | 169,682,000Source | 148,128,000Source | -193,745,000Source | 154,634,000Source |
| Other Nonoperating Income (Expense)USD | -10,527,000Source | -24,721,000Source | 7,047,000Source | -6,934,000Source |
| Proceeds from Issuance of Long-term DebtUSD | 13,808,000Source | 81,812,000Source | 24,180,000Source | 0Source |
| Restructuring CostsUSD | — | — | — | 10,684,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 1,566,104,000Source | 1,436,122,000Source | 1,422,680,000Source | 1,677,614,000Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Selling, General and Administrative ExpenseUSD | 83,186,000Source | 74,964,000Source | 72,454,000Source | 80,282,000Source |
| Operating Income (Loss)USD | 194,172,000Source | 191,314,000Source | 547,264,000Source | 311,674,000Source |
| Other Nonoperating Income (Expense)USD | -10,527,000Source | -24,721,000Source | 7,047,000Source | -6,934,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 240,383,000Source | 217,427,000Source | 584,842,000Source | 291,973,000Source |
| Income Tax Expense (Benefit)USD | 21,569,000Source | 10,205,000Source | 65,312,000Source | 25,502,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -1,656,000Source | -642,000Source | 1,036,000Source | 1,902,000Source |
| Net Income (Loss) Attributable to ParentUSD | 220,470,000Source | 207,864,000Source | 518,494,000Source | 264,569,000Source |
| Earnings Per Share, BasicUSD per share | 1.97Source | 1.87Source | 4.7Source | 2.42Source |
| Earnings Per Share, DilutedUSD per share | 1.94Source | 1.85Source | 4.66Source | 2.39Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 111,981,000Source | 111,153,000Source | 110,289,000Source | 109,349,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 113,597,000Source | 112,343,000Source | 111,216,000Source | 110,754,000Source |
| Additional Financial Items | ||||
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 0Source | -133,000Source | 1,632,000Source | -10,362,000Source |
| Gross ProfitUSD | 363,854,000Source | 339,442,000Source | 353,519,000Source | 466,308,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 211,122,000Source | 242,879,000Source | 588,453,000Source | 295,438,000Source |
| Interest and Other IncomeUSD | 53,792,000Source | 55,488,000Source | 39,987,000Source | 13,596,000Source |
| Interest ExpenseUSD | 3,658,000Source | 4,029,000Source | 4,444,000Source | 5,687,000Source |
| Investment Income, NetUSD | 2,354,000Source | — | — | 6,978,000Source |
| Operating ExpensesUSD | 169,682,000Source | 148,128,000Source | -193,745,000Source | 154,634,000Source |
| Research and Development ExpenseUSD | 86,496,000Source | 79,434,000Source | 79,808,000Source | 83,911,000Source |
| Restructuring CostsUSD | — | — | — | 10,684,000Source |