Tower Semiconductor (TSEM) Tax Provisions (2009 - 2026)
Tower Semiconductor (TSEM) posted quarterly Tax Provisions of -$6.5 million for Q1 2026, down 72.48% year-over-year from -$23.7 million in Q1 2025, and down 333.09% quarter-over-quarter from -$1.5 million in Q4 2025.
Tower Semiconductor (TSEM) Tax Provisions (2009 - 2026) Analysis & Trends
Tower Semiconductor (TSEM) has reported Tax Provisions for 18 consecutive years, with -$6.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions fell 72.48% year-over-year to -$6.5 million; the TTM figure through Mar 2026 stood at -$24.3 million (down 27.52% YoY), while the FY2025 annual figure was $21.6 million, up 111.36% from the prior year.
- Tax Provisions fell to -$6.5 million in Q1 2026 per TSEM's latest filing, from -$1.5 million in the prior quarter.
- Across five years, Tax Provisions topped out at $5.1 million in Q1 2024 and bottomed at -$34.4 million in Q3 2023.
- Historically, Tax Provisions has averaged -$7.6 million across 5 years, with a median of -$6.1 million in 2024.
- Annual changes were most pronounced in 2023 — Tax Provisions slumped 983.28% — and 2024, when it surged 133.76%.
- Tower Semiconductor's Tax Provisions stood at -$12.8 million in 2022, then climbed by 21.08% to -$10.1 million in 2023, then jumped by 78.79% to -$2.1 million in 2024, then increased by 29.97% to -$1.5 million in 2025, then sank by 333.09% to -$6.5 million in 2026.
- Business Quant data shows TSEM's Tax Provisions at -$6.5 million in Q1 2026, -$1.5 million in Q4 2025, and -$7.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 10,848.43 Bn | 10,750.17 Bn | 23.77 Bn | 3.64 Bn |
| 2 | Nvidia | 5,220.28 Bn | 5,169.94 Bn | 61.16 Bn | 11.60 Bn |
| 3 | Broadcom | 1,746.09 Bn | 1,726.46 Bn | 15.42 Bn | 820.00 Mn |
| 4 | Micron Technology | 1,092.82 Bn | 1,066.80 Bn | 35.06 Bn | 4.98 Bn |
| 5 | Advanced Micro Devices | 773.31 Bn | 760.20 Bn | 6.20 Bn | 252.00 Mn |
| 6 | Intel | 459.59 Bn | 429.86 Bn | 6.51 Bn | 29.00 Mn |
| 7 | Arm Holdings | 259.13 Bn | 255.24 Bn | 1.25 Bn | 17.00 Mn |
| 8 | Texas Instruments | 241.28 Bn | 234.28 Bn | 3.35 Bn | 258.00 Mn |
| 9 | Marvell Technology | 209.48 Bn | 205.64 Bn | 1.26 Bn | 48.80 Mn |
| 10 | Tower Semiconductor | 25.17 Bn | 23.69 Bn | 137.77 Mn | 15.57 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 15.57 Mn |
| Mar 31, 2026 | -6.52 Mn |
| Dec 31, 2025 | -1.51 Mn |
| Sep 30, 2025 | -7.63 Mn |
| Jun 30, 2025 | -8.66 Mn |
| Mar 31, 2025 | -3.78 Mn |
| Dec 31, 2024 | -2.15 Mn |
| Sep 30, 2024 | -7.03 Mn |
| Jun 30, 2024 | -6.11 Mn |
| Mar 31, 2024 | 5.08 Mn |
| Dec 31, 2023 | -10.13 Mn |
| Sep 30, 2023 | -34.39 Mn |
| Jun 30, 2023 | -5.75 Mn |
| Mar 31, 2023 | -15.04 Mn |
| Dec 31, 2022 | -12.84 Mn |
| Sep 30, 2022 | -3.18 Mn |
| Jun 30, 2022 | -4.34 Mn |
| Mar 31, 2022 | -5.15 Mn |
| Dec 31, 2021 | -3.61 Mn |
| Sep 30, 2021 | -1.08 Mn |