Tower Semiconductor (TSEM) Operating Expenses (2009 - 2026)
Tower Semiconductor's Operating Expenses was $47.48 million in Q2 2026, up 18.2% from $40.16 million a year earlier and up 2.4% from the prior quarter.
Tower Semiconductor (TSEM) Operating Expenses (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Tower Semiconductor's Operating Expenses was $183.12 million through Jun 30, 2026, up 15.8% year-over-year; for FY2025, it was $169.68 million, up 14.6% from FY2024.
- Operating Expenses shows a five-year compound annual growth rate of 3.6% (FY2020 to FY2025).
- In earlier years, Operating Expenses was $148.13 million in FY2024, -$193.75 million in FY2023, $154.63 million in FY2022 (-4.9%) and $162.61 million in FY2021 (+14.3%).
- The Q2 2026 figure marks the highest quarterly Operating Expenses since Q4 2023.
- Compared with a year earlier, Operating Expenses has increased for six straight quarters, with growth averaging 5.4% over the last seven quarters.
- The best year-over-year quarter for Operating Expenses over five years was Q1 2024 (growth of 512.5%); the worst was Q1 2023 (a decline of 94.0%).
- Per Business Quant data, TSEM's Operating Expenses in the three quarters before Q2 2026 was $46.39 million (Q1 2026), $46.78 million (Q4 2025) and $42.47 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,257.94 Bn | 5,032.10 Bn | 72.14 Bn | 8.41 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,182.39 Bn | 1,807.25 Bn | 27.22 Bn | 3.13 Bn |
| 3 | Broadcom | 1,596.71 Bn | 1,522.75 Bn | 20.46 Bn | 4.50 Bn |
| 4 | Micron Technology | 1,020.41 Bn | 926.05 Bn | 47.05 Bn | 2.77 Bn |
| 5 | Advanced Micro Devices | 879.62 Bn | 836.36 Bn | 6.20 Bn | 4.21 Bn |
| 6 | Asml Holding | 640.55 Bn | 596.23 Bn | 5.90 Bn | - |
| 7 | Intel | 470.49 Bn | 339.62 Bn | 6.51 Bn | 4.71 Bn |
| 8 | Lam Research | 342.11 Bn | 318.91 Bn | 3.48 Bn | 965.25 Mn |
| 9 | Applied Materials | 328.25 Bn | 293.69 Bn | 4.59 Bn | 1.51 Bn |
| 10 | Tower Semiconductor | 22.50 Bn | 17.14 Bn | 137.77 Mn | 47.48 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 47.48 Mn |
| Mar 31, 2026 | 46.39 Mn |
| Dec 31, 2025 | 46.78 Mn |
| Sep 30, 2025 | 42.47 Mn |
| Jun 30, 2025 | 40.16 Mn |
| Mar 31, 2025 | 40.27 Mn |
| Dec 31, 2024 | 40.43 Mn |
| Sep 30, 2024 | 37.30 Mn |
| Jun 30, 2024 | 31.77 Mn |
| Mar 31, 2024 | 38.62 Mn |
| Dec 31, 2023 | 91.42 Mn |
| Sep 30, 2023 | -12.07 Mn |
| Jun 30, 2023 | 35.99 Mn |
| Mar 31, 2023 | 6.31 Mn |
| Dec 31, 2022 | 25.99 Mn |
| Sep 30, 2022 | 45.30 Mn |
| Jun 30, 2022 | 41.77 Mn |
| Mar 31, 2022 | 41.57 Mn |
| Dec 31, 2021 | 44.31 Mn |
| Sep 30, 2021 | 41.21 Mn |
Tower Semiconductor Operating Expenses 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=operating-expenses&ticker=TSEM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=TSEM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();