Tower Semiconductor (TSEM) Free Cash Flow (2009 - 2026)
Tower Semiconductor (TSEM) recorded Free Cash Flow of $186.59 million in Q2 2026, down 20.0% from $233.28 million a year earlier but up 19.3% from the prior quarter.
Tower Semiconductor (TSEM) Free Cash Flow (2009 - 2026) Analysis & Trends
On a TTM basis, Tower Semiconductor's Free Cash Flow came in at $736.38 million as of Jun 30, 2026, down 16.8% year-over-year; for FY2025, it came in at $839.91 million, down 5.1% from FY2024.
- Annual Free Cash Flow has a five-year compound annual growth rate of 7.3% (FY2020 to FY2025).
- Across earlier years, Free Cash Flow came in at $884.84 million in FY2024 (-21.1%), $1.12 billion in FY2023 (+25.1%), $896.22 million in FY2022 (+21.9%) and $735.1 million in FY2021 (+24.5%).
- Quarterly Free Cash Flow has ranged from $150.52 million in Q4 2025 to $503.32 million in Q3 2023 over the past five years.
- On a year-over-year basis, Free Cash Flow has declined for four consecutive quarters, with an average decline of 18.0% over the last eight quarters.
- Peak year-over-year performance for Free Cash Flow in the last five years was growth of 200.4% in Q3 2023, against a decline of 49.9% in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $156.37 million (Q1 2026), $150.52 million (Q4 2025) and $242.91 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,257.94 Bn | 5,032.10 Bn | 72.14 Bn | 21.40 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,182.39 Bn | 1,807.25 Bn | 27.22 Bn | 24.78 Bn |
| 3 | Broadcom | 1,596.71 Bn | 1,522.75 Bn | 20.46 Bn | 13.67 Bn |
| 4 | Micron Technology | 1,020.41 Bn | 926.05 Bn | 47.05 Bn | 32.86 Bn |
| 5 | Advanced Micro Devices | 879.62 Bn | 836.36 Bn | 6.20 Bn | 1.56 Bn |
| 6 | Asml Holding | 640.55 Bn | 596.23 Bn | 5.90 Bn | - |
| 7 | Intel | 470.49 Bn | 339.62 Bn | 6.51 Bn | 4.45 Bn |
| 8 | Lam Research | 342.11 Bn | 318.91 Bn | 3.48 Bn | 1.27 Bn |
| 9 | Applied Materials | 328.25 Bn | 293.69 Bn | 4.59 Bn | 2.33 Bn |
| 10 | Tower Semiconductor | 22.50 Bn | 17.14 Bn | 137.77 Mn | 363.55 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 363.55 Mn |
| Mar 31, 2026 | 666.34 Mn |
| Dec 31, 2025 | 150.52 Mn |
| Sep 30, 2025 | 242.91 Mn |
| Jun 30, 2025 | 233.28 Mn |
| Mar 31, 2025 | 205.33 Mn |
| Dec 31, 2024 | 194.21 Mn |
| Sep 30, 2024 | 252.37 Mn |
| Jun 30, 2024 | 225.70 Mn |
| Mar 31, 2024 | 208.06 Mn |
| Dec 31, 2023 | 262.52 Mn |
| Sep 30, 2023 | 503.32 Mn |
| Jun 30, 2023 | 164.93 Mn |
| Mar 31, 2023 | 177.97 Mn |
| Dec 31, 2022 | 170.94 Mn |
| Sep 30, 2022 | 167.54 Mn |
| Jun 30, 2022 | 187.47 Mn |
| Mar 31, 2022 | 217.41 Mn |
| Dec 31, 2021 | 412.92 Mn |
| Sep 30, 2021 | 194.69 Mn |
Tower Semiconductor Free Cash Flow 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=free-cash-flow&ticker=TSEM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "TSEM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=TSEM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();