Tower Semiconductor (TSEM) Gross Margin (2009 - 2026)
Tower Semiconductor's Gross Margin was 33.97% in Q3 2026, up 10.46 percentage points from 23.52% a year earlier and up 4.03 percentage points from the prior quarter.
Tower Semiconductor (TSEM) Gross Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Tower Semiconductor's Gross Margin was 29.62% through Sep 30, 2026, up 7.61 percentage points year-over-year; for FY2025, it came in at 23.23%, down 0.40 percentage points from FY2024.
- Gross Margin has now declined for three consecutive years, though with a five-year change of +4.80 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 23.64% in FY2024 (-1.21 pp), 24.85% in FY2023 (-2.95 pp), 27.80% in FY2022 (+5.97 pp) and 21.82% in FY2021 (+3.39 pp).
- The Q3 2026 figure marks the highest quarterly Gross Margin since Q3 2012.
- Compared with a year earlier, Gross Margin has increased for four straight quarters, with an average year-over-year change of +2.68 percentage points over the last eight quarters.
- The best year-over-year quarter for Gross Margin over five years was Q3 2026 (a gain of 10.46 percentage points); the worst was Q4 2023 (a drop of 6.93 percentage points).
- Per Business Quant data, TSEM's Gross Margin in the three quarters before Q3 2026 was 29.95% (Q2 2026), 26.82% (Q1 2026) and 26.72% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 4,516.52 Bn | 4,290.68 Bn | 72.14 Bn | 74.98% |
| 2 | Taiwan Semiconductor Manufacturing | 1,945.01 Bn | 1,569.87 Bn | 27.22 Bn | 67.72% |
| 3 | Broadcom | 1,397.97 Bn | 1,324.02 Bn | 20.46 Bn | 69.13% |
| 4 | Micron Technology | 778.23 Bn | 683.86 Bn | 47.05 Bn | 86.76% |
| 5 | Advanced Micro Devices | 731.93 Bn | 680.14 Bn | 7.21 Bn | 53.90% |
| 6 | Asml Holding | 553.38 Bn | 509.07 Bn | 5.90 Bn | 51.98% |
| 7 | Intel | 294.27 Bn | 140.33 Bn | 7.10 Bn | 42.97% |
| 8 | Applied Materials | 264.14 Bn | 229.58 Bn | 4.59 Bn | 50.31% |
| 9 | Texas Instruments | 253.31 Bn | 228.18 Bn | 3.89 Bn | 64.19% |
| 10 | Tower Semiconductor | 15.37 Bn | 9.77 Bn | 178.76 Mn | 33.97% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 33.97% |
| Jun 30, 2026 | 29.95% |
| Mar 31, 2026 | 26.82% |
| Dec 31, 2025 | 26.72% |
| Sep 30, 2025 | 23.52% |
| Jun 30, 2025 | 21.51% |
| Mar 31, 2025 | 20.43% |
| Dec 31, 2024 | 22.43% |
| Sep 30, 2024 | 25.12% |
| Jun 30, 2024 | 24.75% |
| Mar 31, 2024 | 22.19% |
| Dec 31, 2023 | 24.00% |
| Sep 30, 2023 | 24.25% |
| Jun 30, 2023 | 24.22% |
| Mar 31, 2023 | 26.92% |
| Dec 31, 2022 | 30.93% |
| Sep 30, 2022 | 29.15% |
| Jun 30, 2022 | 26.38% |
| Mar 31, 2022 | 24.85% |
| Dec 31, 2021 | 24.31% |
Tower Semiconductor Gross Margin 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=gross-margin&ticker=TSEM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=TSEM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();