Income Statement - TOWER SEMICONDUCTOR LTD (TSEM)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 1,566.10 | 1,436.12 | 1,422.68 | 1,677.61 | 1,508.17 | 1,265.68 | 1,234.00 | 1,304.03 | 1,387.31 | 1,249.63 | 960.56 | 828.01 | 505.01 | 638.83 | 611.02 | 509.26 | 298.81 | 251.66 | 230.85 | 187.44 |
| Cost of revenue | 1,202.25 | 1,096.68 | 1,069.16 | 1,211.31 | 1,179.05 | 1,032.37 | 1,004.33 | 1,011.09 | 1,033.01 | 946.53 | 755.20 | 764.22 | 476.90 | 560.05 | 526.20 | 402.08 | 325.31 | 298.68 | 284.77 | 267.39 |
| Gross profit | 363.85 | 339.44 | 353.52 | 466.31 | 329.12 | 233.32 | 229.67 | 292.95 | 354.31 | 303.10 | 205.37 | 63.79 | 28.11 | 78.79 | 84.83 | 107.19 | -26.50 | -47.02 | -53.92 | -79.95 |
| Total operating expenses | 169.68 | 148.13 | -193.75 | 154.63 | 162.61 | 142.29 | 142.96 | 138.00 | 134.46 | 128.57 | 124.46 | 110.62 | 75.98 | 75.51 | 73.13 | 63.86 | 55.32 | 171.05 | 45.39 | 119.57 |
| Operating income | 194.17 | 191.31 | 547.26 | 311.67 | 166.51 | 91.03 | 86.72 | 154.94 | 219.84 | 175.15 | 81.89 | -103.57 | -55.34 | -2.51 | 10.21 | 43.32 | -81.82 | -218.07 | -99.31 | -119.45 |
| Non-operating income (net) | 46.21 | 26.11 | 37.58 | -19.70 | -11.41 | -2.35 | 4.31 | -15.63 | -18.07 | 35.44 | -123.30 | 77.45 | -61.71 | -60.43 | -7.38 | -72.86 | -43.67 | 112.21 | 0.09 | 80.67 |
| Income before tax | 240.38 | 217.43 | 584.84 | 291.97 | 155.10 | 88.69 | 91.02 | 139.32 | 201.77 | 210.60 | -41.41 | -26.11 | -117.05 | -62.94 | 2.83 | -29.54 | -125.48 | -105.86 | -99.22 | -38.78 |
| Income tax expense | 21.57 | 10.21 | 65.31 | 25.50 | 1.02 | 5.40 | 2.95 | 5.94 | -99.89 | 1.43 | -12.28 | -24.74 | -9.39 | 7.33 | 21.36 | 12.83 | -5.02 | 0.58 | 34.88 | -32.52 |
| Net income | 220.47 | 207.86 | 518.49 | 264.57 | 150.01 | 82.30 | 90.05 | 135.58 | 298.01 | 203.92 | -29.65 | 4.26 | -107.66 | -70.27 | -18.53 | -42.37 | -120.46 | -106.44 | -134.20 | -86.93 |
Show Quarterly Income Statement
Income Statement - TOWER SEMICONDUCTOR LTD (TSEM)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 413.63 | 440.21 | 395.67 | 372.06 | 358.17 | 387.19 | 370.51 | 351.18 | 327.24 | 351.71 | 358.17 | 357.19 | 355.61 | 403.23 | 427.09 | 426.17 | 421.13 | 412.11 | 386.71 | 362.14 | 347.21 | 345.21 | 310.21 | 310.09 | 300.17 | 305.71 | 312.12 | 306.06 | 310.11 | 333.59 | 322.60 | 335.14 | 312.71 | 357.61 | 354.56 | 345.06 | 330.08 | 340.38 | 326.21 | 305.00 | 278.04 | 254.60 | 244.18 | 235.56 | 226.22 | 235.29 | 225.99 | 234.07 | 132.65 | 132.65 | 132.56 | 125.24 | 112.65 | 147.59 | 154.59 | 168.64 | 168.01 | 174.58 | 176.11 | 139.71 | 120.62 | 135.12 | 134.68 | 125.67 | 113.80 | 100.62 | 79.57 | 60.57 | 58.06 | 77.45 | 58.53 | 58.07 | 57.61 | 61.62 | 56.57 | 57.06 | 55.60 | 55.51 | 51.50 | 44.56 | 35.88 |
| Cost of revenue | 302.68 | 322.59 | 302.62 | 292.04 | 285.00 | 300.34 | 277.45 | 264.26 | 254.63 | 267.29 | 271.30 | 270.67 | 259.89 | 278.50 | 302.58 | 313.73 | 316.50 | 311.94 | 301.33 | 288.38 | 277.40 | 275.60 | 256.75 | 252.39 | 247.63 | 250.88 | 253.84 | 252.66 | 246.96 | 257.96 | 249.98 | 256.61 | 246.55 | 268.26 | 265.44 | 254.00 | 245.31 | 252.65 | 244.92 | 232.28 | 216.70 | 190.07 | 188.80 | 183.10 | 193.23 | 197.20 | 211.27 | 227.35 | 128.40 | 128.40 | 128.18 | 113.01 | 110.07 | 139.02 | 135.47 | 140.30 | 145.27 | 157.01 | 159.78 | 110.48 | 90.08 | 101.72 | 98.89 | 104.00 | 97.47 | 94.06 | 84.92 | 71.19 | 74.91 | 88.24 | 71.14 | 71.05 | 68.26 | 73.64 | 68.25 | 71.38 | 71.49 | 72.72 | 68.24 | 65.14 | 61.28 |
| Gross profit | 110.95 | 117.61 | 93.05 | 80.03 | 73.17 | 86.85 | 93.06 | 86.92 | 72.61 | 84.42 | 86.87 | 86.52 | 95.72 | 124.73 | 124.51 | 112.44 | 104.63 | 100.17 | 85.38 | 73.76 | 69.81 | 69.61 | 53.46 | 57.71 | 52.54 | 54.83 | 58.28 | 53.41 | 63.15 | 75.63 | 72.62 | 78.53 | 66.17 | 89.36 | 89.12 | 91.06 | 84.77 | 87.73 | 81.29 | 72.73 | 61.35 | 64.53 | 55.38 | 52.46 | 32.99 | 38.09 | 14.72 | 6.73 | 4.25 | 4.25 | 4.37 | 12.22 | 2.58 | 8.57 | 19.13 | 28.34 | 22.75 | 17.57 | 16.33 | 29.23 | 30.55 | 33.40 | 35.79 | 21.67 | 16.32 | 6.55 | -5.35 | -10.63 | -16.85 | -10.79 | -12.61 | -12.98 | -10.65 | -12.02 | -11.68 | -14.32 | -15.89 | -17.22 | -16.74 | -20.59 | -25.41 |
| Total operating expenses | 46.39 | 46.78 | 42.47 | 40.16 | 40.27 | 40.43 | 37.30 | 31.77 | 38.62 | 39.25 | -275.29 | 35.99 | 6.31 | 39.59 | 45.30 | 41.77 | 41.57 | 44.31 | 41.21 | 39.75 | 37.33 | 36.23 | 34.37 | 35.58 | 36.11 | 35.93 | 35.56 | 35.65 | 35.81 | 35.39 | 34.06 | 34.29 | 34.26 | 34.87 | 33.92 | 33.67 | 32.01 | 32.53 | 32.33 | 32.55 | 31.16 | 31.18 | 31.33 | 30.95 | 31.00 | 29.90 | 31.77 | 30.69 | 18.26 | 18.26 | 19.19 | 18.34 | 19.54 | 18.09 | 19.64 | 17.28 | 20.50 | 20.58 | 20.95 | 16.41 | 15.19 | 12.41 | 17.95 | 17.33 | 16.17 | 17.04 | 14.08 | 13.10 | 11.09 | -107.02 | 134.07 | 10.40 | 20.33 | 12.21 | 11.05 | 10.71 | 11.42 | 90.35 | -28.23 | 9.05 | 8.68 |
| Operating income | 64.57 | 70.83 | 50.58 | 39.87 | 32.90 | 46.42 | 55.76 | 55.15 | 33.99 | 45.17 | 362.16 | 50.53 | 89.41 | 85.14 | 79.21 | 70.67 | 63.06 | 55.86 | 44.17 | 34.00 | 32.48 | 33.38 | 19.09 | 22.13 | 16.44 | 18.90 | 22.72 | 17.76 | 27.34 | 40.24 | 38.56 | 44.24 | 31.91 | 54.49 | 55.20 | 57.39 | 52.76 | 55.20 | 48.96 | 40.18 | 30.81 | 34.34 | 24.06 | 21.51 | 1.99 | 28.42 | -17.05 | -28.23 | -85.47 | -85.47 | -16.68 | -7.98 | -18.83 | -9.52 | -0.51 | 5.27 | 2.25 | -3.00 | -4.62 | 11.33 | 15.35 | 20.99 | 17.84 | 4.34 | 0.16 | -10.49 | -19.43 | -23.73 | -27.94 | -26.10 | -147.20 | -23.38 | -21.39 | -24.24 | -22.74 | -25.03 | -27.31 | -27.50 | 11.49 | -29.64 | -34.08 |
| Non-operating income (net) | 9.52 | 10.74 | 10.49 | 14.39 | 10.60 | 8.32 | 6.10 | 7.71 | 3.98 | 16.68 | 9.98 | 3.92 | 7.00 | 13.54 | -9.35 | -8.16 | -2.13 | -0.37 | -2.71 | -0.48 | -7.84 | -1.50 | -0.57 | 1.83 | -2.11 | 3.06 | -0.43 | 0.95 | 0.73 | -3.91 | -2.50 | -5.45 | -3.77 | -7.08 | -4.30 | -2.98 | -3.72 | -1.96 | -0.40 | 4.00 | 33.81 | -15.05 | -9.13 | -10.89 | -88.24 | -24.96 | -14.87 | -5.78 | 121.84 | 121.84 | -18.38 | -16.32 | -7.30 | -16.18 | -15.99 | -9.73 | -18.53 | -12.12 | 15.39 | -0.39 | -19.30 | -16.72 | -12.94 | -9.46 | -33.74 | -18.80 | -15.05 | -8.84 | -0.98 | 0.22 | 7.23 | -0.10 | -9.58 | 0.02 | -1.48 | 0.00 | 0.07 | 0.26 | 80.08 | 0.04 | 0.55 |
| Income before tax | 74.08 | 81.56 | 61.07 | 54.25 | 43.50 | 54.73 | 61.87 | 62.86 | 37.97 | 61.85 | 372.13 | 54.45 | 96.41 | 98.68 | 69.86 | 62.51 | 60.93 | 55.49 | 41.45 | 33.52 | 24.64 | 31.88 | 18.52 | 23.96 | 14.33 | 21.96 | 22.29 | 18.70 | 28.07 | 36.33 | 36.06 | 38.79 | 28.14 | 47.41 | 50.91 | 54.41 | 49.05 | 53.24 | 48.56 | 44.17 | 64.63 | 19.29 | 14.93 | 10.62 | -86.24 | 3.46 | -31.93 | -34.01 | 36.37 | 36.37 | -35.07 | -24.30 | -26.13 | -25.70 | -16.51 | -4.46 | -16.28 | -15.12 | 10.78 | 10.95 | -3.95 | 4.27 | 4.90 | -5.12 | -33.59 | -29.28 | -34.48 | -32.57 | -28.92 | -25.88 | -139.96 | -23.48 | -30.98 | -24.22 | -24.22 | -25.02 | -27.24 | -27.24 | 91.56 | -29.60 | -33.53 |
| Income tax expense | 6.52 | 1.51 | 7.63 | 8.66 | 3.78 | 2.15 | 7.03 | 6.11 | -5.08 | 10.13 | 34.39 | 5.75 | 15.04 | 12.84 | 3.18 | 4.34 | 5.15 | 3.61 | 1.08 | 2.20 | -5.88 | 1.82 | 2.80 | 2.48 | -1.71 | 2.36 | -0.06 | -1.02 | 1.67 | -0.18 | 2.39 | 2.78 | 0.96 | -101.24 | -3.33 | 2.68 | 2.00 | 0.99 | -3.46 | 3.83 | 0.08 | -4.78 | 0.93 | 2.47 | -10.89 | -0.74 | -9.98 | -11.57 | -2.45 | -2.45 | -3.29 | -1.41 | -2.98 | -2.31 | 1.65 | 4.95 | 3.04 | 1.58 | 8.94 | 9.29 | 1.46 | 2.97 | 3.67 | 3.53 | 2.66 | 2.13 | -4.24 | -1.63 | -1.28 | -1.95 | -125.83 | 7.91 | -0.93 | 4.71 | 10.70 | 9.40 | 10.08 | 10.19 | -27.98 | 14.01 | 10.97 |
| Net income | 65.03 | 80.13 | 53.65 | 46.55 | 40.14 | 55.14 | 54.65 | 53.45 | 44.63 | 53.85 | 342.06 | 51.19 | 71.40 | 83.32 | 69.14 | 58.08 | 54.03 | 51.74 | 39.09 | 30.87 | 28.32 | 31.03 | 15.20 | 19.05 | 17.02 | 20.71 | 22.19 | 20.94 | 26.22 | 38.07 | 33.65 | 37.74 | 26.12 | 147.21 | 55.27 | 50.02 | 45.51 | 48.28 | 51.21 | 38.49 | 65.94 | 22.08 | 13.55 | 7.79 | -73.06 | 0.62 | -19.44 | -15.75 | 38.82 | 38.82 | -31.78 | -22.89 | -23.15 | -23.39 | -18.16 | -9.40 | -19.32 | -16.70 | 1.84 | 1.74 | -5.41 | 1.30 | 1.23 | -8.65 | -36.24 | -31.41 | -30.24 | -30.93 | -27.64 | -24.15 | -21.37 | -31.30 | -29.62 | -28.94 | -33.43 | -34.43 | -37.39 | -37.69 | 39.47 | -43.65 | -45.06 |