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
DateValue
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