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Nasdaq · Technology

TOWER SEMICONDUCTOR LTD (TSEM)

As-reported financials and SEC filings for TOWER SEMICONDUCTOR LTD. The latest annual period is FY2025. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About TOWER SEMICONDUCTOR LTD

Tower Semiconductor Ltd is an independent specialty foundry that manufactures processed silicon wafers based on customer design specifications. The company offers various process technologies including analog CMOS, CMOS image sensors, MEMS, RF CMOS, BiCMOS, silicon photonics, and power management technologies. Tower Semiconductor serves customers in diverse markets such as consumer electronics, communications, automotive, industrial, aerospace, and medical devices.

Snapshot

Revenue
$1.57B
Revenue growth (YoY)
9.1%
Net income
$220.5M
Diluted EPS
$1.94
Gross margin
23.2%
Operating margin
12.4%
Net margin
14.1%
FCF margin
-3.1%
ROE
7.6%
net income / fiscal-year-end equity
P/E
81.2×
trailing when available, otherwise FY EPS
Market cap
$22.50B
Long-term debt / equity
0.05×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Tower Semiconductor

  • Revenue grew 9.1% to $1.6B in FY2025, faster than the 0.9% the year before.
  • Operating margin is 12.4% in FY2025, +1.4 pp against 11.0% in FY2021.
  • Free cash flow was negative $49M in FY2025.
  • Net income rose 6.1% to $220M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Tower Semiconductor’s fundamentals sit among the 88 semiconductor companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin23.2%
22nd percentile of 78
Operating margin12.4%
74th percentile of 79
Net margin14.1%
75th percentile of 80
FCF margin-3.1%
27th percentile of 78
Revenue growth (YoY)+9.1%
43rd percentile of 88
ROE7.6%
62nd percentile of 74
P/E81.2×
77th percentile of 44
Long-term debt / equity0.05×
23rd percentile of 44
Short interest1.02d
7th percentile of 88

No reported insider purchases (code P) in the last 90 days; 37 insider sales totaling $60.0M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
37
$60.0M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-11
filed 2026-08-12
Ellwanger Russell CraigChief Executive OfficerSell35.2K$248.78$8.8M
2026-08-11
filed 2026-08-12
Ellwanger Russell CraigChief Executive OfficerSell23.0K$248.08$5.7M
2026-08-11
filed 2026-08-12
Ellwanger Russell CraigChief Executive OfficerSell15.8K$249.66$3.9M
2026-08-11
filed 2026-08-12
Ellwanger Russell CraigChief Executive OfficerSell11.6K$245.78$2.9M
2026-08-11
filed 2026-08-12
Ellwanger Russell CraigChief Executive OfficerSell5.1K$246.74$1.2M
2026-08-11
filed 2026-08-12
Ellwanger Russell CraigChief Executive OfficerSell3.3K$250.90$836K
2026-08-11
filed 2026-08-12
Ellwanger Russell CraigChief Executive OfficerSell3.1K$243.32$745K
2026-08-11
filed 2026-08-12
Ellwanger Russell CraigChief Executive OfficerSell2.5K$253.92$632K
2026-08-11
filed 2026-08-12
Ellwanger Russell CraigChief Executive OfficerSell2.5K$244.69$613K
2026-08-11
filed 2026-08-12
Ellwanger Russell CraigChief Executive OfficerSell2.1K$252.74$530K
2026-08-10
filed 2026-08-12
Ellwanger Russell CraigChief Executive OfficerSell9.7K$256.56$2.5M
2026-08-10
filed 2026-08-12
Ellwanger Russell CraigChief Executive OfficerSell9.0K$253.53$2.3M

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
2.5M
settled 2026-08-14
Change vs prior
+1.6%
vs previous settlement
Days to cover
1.02
at avg daily volume
Avg daily volume
2.5M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-142.5M+1.6%1.02
2026-07-312.5M-9.2%1.57
2026-07-152.7M+7.9%1.37
2026-06-302.5M-4.5%1.45
2026-06-152.6M-9.1%1.39
2026-05-292.9M-11.4%1.37
2026-05-153.3M+11.5%1.31
2026-04-302.9M-33.5%1.10

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$1.57B$1.44B$1.42B$1.68B$1.51B
Gross profit$363.9M$339.4M$353.5M$466.3M$329.1M
Operating income$194.2M$191.3M$547.3M$311.7M$166.5M
Net income$220.5M$207.9M$518.5M$264.6M$150.0M
Diluted EPS$1.94$1.85$4.66$2.39$1.37

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$395.5M$448.7M$676.6M$529.8M$421.3M
Capital expenditure$444.4M$436.2M$444.5M$366.4M$313.8M
Free cash flow$-48.9M$12.5M$232.1M$163.4M$107.5M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Company facts

ExchangeNasdaq
SectorTechnology
SIC industrySemiconductors & Related Devices
Latest annual periodFY2025 (ended December 31, 2025)
Oldest indexed filing2008
SEC CIK928876

Selected SEC filings

20-F2026-04-30
View on EDGAR →
20-F2025-04-30
View on EDGAR →
6-K2026-08-17
View on EDGAR →
6-K2026-08-12
View on EDGAR →
6-K2026-08-11
View on EDGAR →
6-K2026-08-04
View on EDGAR →

Largest semiconductor peers

All semiconductor stocksAll Technology companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.