Tower Semiconductor (TSEM) Tax Provisions (2009 - 2026)

Tower Semiconductor has disclosed Tax Provisions across 18 years of filings, most recently posting -$6.5 million for 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 declined to -$6.5 million in Q1 2026, from -$1.5 million in the prior quarter.
• Over the last five years, Tax Provisions for TSEM reached as high as $38.6 million in Q1 2024 and fell as low as -$34.4 million in Q3 2023.
• The 5-year median for Tax Provisions is -$5.7 million (2023), against an average of -$4.4 million.
• Annual changes were most pronounced in 2023 — Tax Provisions plunged 983.28% — and 2024, when it jumped 512.55%.
• 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 slumped by 333.09% to -$6.5 million in 2026.
• According to Business Quant data, Tax Provisions over the past three periods registered -$6.5 million, -$1.5 million, and -$7.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.