Tower Semiconductor (TSEM) Tax Provisions (2009 - 2026)
Tower Semiconductor (TSEM) reported 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 18 years of Tax Provisions data on file, last reported at -$6.5 million in Q1 2026.
- Tax Provisions for Q1 2026 came in at -$6.5 million, down 72.48% year-over-year; the trailing twelve-month figure through Mar 2026 was -$24.3 million (down 27.52% YoY), and the FY2025 annual result was $21.6 million, up 111.36% from the prior year.
- Tax Provisions slipped to -$6.5 million in Q1 2026 per TSEM's latest filing, from -$1.5 million in the prior quarter.
- Over five years, Tax Provisions peaked at $5.1 million in Q1 2024 and troughed at -$34.4 million in Q3 2023.
- A 5-year average of -$7.6 million and a median of -$6.1 million in 2024 frame the typical range for Tax Provisions.
- The sharpest annual moves came in 2023 and 2024: Tax Provisions slumped 983.28% in 2023, then surged 133.76% in 2024.
- A 5-year view of Tax Provisions shows it stood at -$12.8 million in 2022, then advanced by 21.08% to -$10.1 million in 2023, then soared by 78.79% to -$2.1 million in 2024, then grew by 29.97% to -$1.5 million in 2025, then plunged 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,119.49 Bn | 5,076.01 Bn | 61.16 Bn | 11.60 Bn |
| 2 | Broadcom | 1,946.04 Bn | 1,926.41 Bn | 15.42 Bn | 820.00 Mn |
| 3 | Micron Technology | 1,288.71 Bn | 1,274.12 Bn | 17.76 Bn | 2.37 Bn |
| 4 | Taiwan Semiconductor Manufacturing | 1,080.21 Bn | 983.26 Bn | 23.77 Bn | 3.64 Bn |
| 5 | Advanced Micro Devices | 879.94 Bn | 867.59 Bn | 5.42 Bn | 238.00 Mn |
| 6 | Intel | 681.83 Bn | 662.64 Bn | 5.35 Bn | 335.00 Mn |
| 7 | Texas Instruments | 293.38 Bn | 288.27 Bn | 2.80 Bn | 169.00 Mn |
| 8 | Marvell Technology | 274.06 Bn | 270.21 Bn | 1.26 Bn | 48.80 Mn |
| 9 | Qualcomm | 241.64 Bn | 231.84 Bn | 4.16 Bn | -5.14 Bn |
| 10 | Tower Semiconductor | 166.58 | -1.50 Bn | 110.95 Mn | -6.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | -2.20 Mn |