Tower Semiconductor (TSEM) Restructuring Costs (2011 - 2024)

Tower Semiconductor (TSEM) posted quarterly Restructuring Costs of -$6.3 million for Q2 2024, down 669.48% year-over-year from $1.1 million in Q3 2023, and down 112.02% quarter-over-quarter from $52.2 million in Q4 2023.

Tower Semiconductor (TSEM) Restructuring Costs (2011 - 2024) Analysis & Trends

Tower Semiconductor (TSEM) has reported Restructuring Costs for 8 consecutive years, with -$6.3 million the latest figure, recorded in Q2 2024.

  • In Q2 2024, Restructuring Costs fell 669.48% year-over-year to -$6.3 million; the TTM figure through Dec 2024 stood at $45.9 million (up 260.1% YoY), while the FY2024 annual figure was -$6.3 million, down 131.89% from the prior year.
  • Restructuring Costs eased to -$6.3 million in Q2 2024 per TSEM's latest filing, from $52.2 million in the prior quarter.
  • Across five years, Restructuring Costs topped out at $52.2 million in Q4 2023 and bottomed at -$50.3 million in Q3 2023.
  • Historically, Restructuring Costs has averaged -$6.4 million across 3 years, with a median of -$6.3 million in 2024.
  • On a YoY basis, Restructuring Costs climbed as much as 483.81% in 2023 and fell as far as 1346.76% in 2023.
  • Tower Semiconductor's Restructuring Costs stood at -$13.6 million in 2022, then soared by 483.81% to $52.2 million in 2023, then tumbled by 112.02% to -$6.3 million in 2024.
  • Business Quant data shows TSEM's Restructuring Costs at -$6.3 million in Q2 2024, $52.2 million in Q4 2023, and -$50.3 million in Q3 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Taiwan Semiconductor Manufacturing 10,545.90 Bn 10,447.64 Bn 23.77 Bn
2 Nvidia 5,009.72 Bn 4,966.24 Bn 61.16 Bn
3 Broadcom 1,857.88 Bn 1,838.25 Bn 15.42 Bn
4 Micron Technology 938.47 Bn 912.45 Bn 35.06 Bn
5 Advanced Micro Devices 789.52 Bn 777.17 Bn 5.42 Bn
6 Intel 463.88 Bn 434.15 Bn 6.51 Bn
7 Aeluma 302.44 Bn 302.40 Bn 386,000.00
8 Arm Holdings 254.34 Bn 250.45 Bn 1.25 Bn
9 Texas Instruments 245.02 Bn 238.02 Bn 3.35 Bn
10 Tower Semiconductor 26.62 Bn 25.12 Bn 110.95 Mn

Historic Data

Download Data
DateValue
Jun 30, 2024 -6.27 Mn
Dec 31, 2023 52.17 Mn
Sep 30, 2023 -50.28 Mn
Jun 30, 2023 1.10 Mn
Mar 31, 2023 -31.66 Mn
Dec 31, 2022 -13.59 Mn
Sep 30, 2022 4.03 Mn
Mar 31, 2016 -627,000.00
Dec 31, 2015 -991,000.00
Jun 30, 2014 4.27 Mn
Mar 31, 2014 1.23 Mn
Jun 30, 2012 5.79 Mn
Jun 30, 2011 1.49 Mn