Tower Semiconductor (TSEM) Operating Margin (2009 - 2026)
Tower Semiconductor (TSEM) recorded Operating Margin of 24.16% in Q3 2026, up 11.38 percentage points from 12.78% a year earlier and up 4.54 percentage points from the prior quarter.
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Analysis
Tower Semiconductor (TSEM) Operating Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Tower Semiconductor's Operating Margin came in at 19.17% as of Sep 30, 2026, up 7.95 percentage points year-over-year; for FY2025, it was 12.40%, down 0.92 percentage points from FY2024.
- Annual Operating Margin has a five-year change of +5.21 percentage points (FY2020 to FY2025).
- Across earlier years, Operating Margin came in at 13.32% in FY2024 (-25.15 pp), 38.47% in FY2023 (+19.89 pp), 18.58% in FY2022 (+7.54 pp) and 11.04% in FY2021 (+3.85 pp).
- The Q3 2026 figure is the highest quarterly Operating Margin since Q3 2023.
- On a year-over-year basis, Operating Margin has increased for four consecutive quarters, with an average year-over-year change of +2.69 percentage points over the last eight quarters.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 82.57 percentage points in Q3 2023, against a drop of 86.06 percentage points in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 19.62% (Q2 2026), 15.61% (Q1 2026) and 16.09% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 4,516.52 Bn | 4,290.68 Bn | 72.14 Bn | 66.24% |
| 2 | Taiwan Semiconductor Manufacturing | 1,945.01 Bn | 1,569.87 Bn | 27.22 Bn | 60.34% |
| 3 | Broadcom | 1,397.97 Bn | 1,324.02 Bn | 20.46 Bn | 53.92% |
| 4 | Micron Technology | 778.23 Bn | 683.86 Bn | 47.05 Bn | 80.68% |
| 5 | Advanced Micro Devices | 731.93 Bn | 680.14 Bn | 7.21 Bn | 21.17% |
| 6 | Asml Holding | 553.38 Bn | 509.07 Bn | 5.90 Bn | - |
| 7 | Intel | 294.27 Bn | 140.33 Bn | 7.10 Bn | 15.27% |
| 8 | Applied Materials | 264.14 Bn | 229.58 Bn | 4.59 Bn | 33.74% |
| 9 | Texas Instruments | 253.31 Bn | 228.18 Bn | 3.89 Bn | 47.46% |
| 10 | Tower Semiconductor | 15.37 Bn | 9.77 Bn | 178.76 Mn | 24.16% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 24.16% |
| Jun 30, 2026 | 19.62% |
| Mar 31, 2026 | 15.61% |
| Dec 31, 2025 | 16.09% |
| Sep 30, 2025 | 12.78% |
| Jun 30, 2025 | 10.71% |
| Mar 31, 2025 | 9.19% |
| Dec 31, 2024 | 11.99% |
| Sep 30, 2024 | 15.05% |
| Jun 30, 2024 | 15.70% |
| Mar 31, 2024 | 10.39% |
| Dec 31, 2023 | 12.84% |
| Sep 30, 2023 | 101.11% |
| Jun 30, 2023 | 14.15% |
| Mar 31, 2023 | 25.14% |
| Dec 31, 2022 | 24.49% |
| Sep 30, 2022 | 18.55% |
| Jun 30, 2022 | 16.58% |
| Mar 31, 2022 | 14.97% |
| Dec 31, 2021 | 13.56% |
API Access
Tower Semiconductor Operating 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=operating-margin&ticker=TSEM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=TSEM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();