Tower Semiconductor (TSEM) Tax Rate (2009 - 2026)
Tower Semiconductor's (TSEM) quarterly Tax Rate came in at 14.66% in Q2 2026, up 130.0% year-over-year from 6.38% in Q2 2025, and down 66.68% quarter-over-quarter from 8.8% in Q1 2026.
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Analysis
Tower Semiconductor (TSEM) Tax Rate (2009 - 2026) Analysis & Trends
Tower Semiconductor (TSEM) has reported Tax Rate for 18 consecutive years, with 14.66% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate rose 130.0% year-over-year to 14.66% in Q2 2026; TTM through Jun 2026 was 9.67%, a 41.0% increase from a year earlier, with the FY2025 full-year figure at 8.97%, down 428.0% from the prior year.
- Tax Rate was 14.66% for Q2 2026 at Tower Semiconductor, down from 8.8% in the prior quarter.
- Over five years, Tax Rate peaked at 13.37% in Q1 2024 and troughed at 16.38% in Q4 2023.
- A 5-year average of 8.82% and a median of 9.48% in 2024 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate slumped 3231 bps in 2022 and jumped 2898 bps in 2024, its largest moves.
- Over 5 years, Tax Rate stood at 13.01% in 2022, then decreased by 26 bps to 16.38% in 2023, then jumped by 76 bps to 3.93% in 2024, then jumped by 53 bps to 1.85% in 2025, then sank by 695 bps to 14.66% in 2026.
- The last three Tax Rate figures came in at 14.66% (Q2 2026), 8.8% (Q1 2026), and 1.85% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 2,246.74 Bn | 2,142.69 Bn | 27.22 Bn | 18.05% |
| 2 | Micron Technology | 1,101.07 Bn | 1,075.05 Bn | 35.06 Bn | 14.99% |
| 3 | Intel | 519.13 Bn | 505.00 Bn | 6.51 Bn | -0.27% |
| 4 | Texas Instruments | 245.39 Bn | 238.39 Bn | 3.35 Bn | 11.53% |
| 5 | Analog Devices | 183.54 Bn | 181.22 Bn | 2.71 Bn | 13.31% |
| 6 | NXP Semiconductors | 59.67 Bn | 56.81 Bn | 2.00 Bn | 19.40% |
| 7 | United Microelectronics | 57.00 Bn | 53.04 Bn | 706.26 Mn | -6.56% |
| 8 | STMicroelectronics | 45.78 Bn | 41.92 Bn | 1.22 Bn | -11.76% |
| 9 | Microchip Technology | 40.29 Bn | 40.02 Bn | 938.90 Mn | 20.73% |
| 10 | Tower Semiconductor | 23.80 Bn | 22.32 Bn | 137.77 Mn | -14.66% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -14.66% |
| Mar 31, 2026 | -8.80% |
| Dec 31, 2025 | -1.85% |
| Sep 30, 2025 | -12.49% |
| Jun 30, 2025 | -15.96% |
| Mar 31, 2025 | -8.69% |
| Dec 31, 2024 | -3.93% |
| Sep 30, 2024 | -11.36% |
| Jun 30, 2024 | -9.72% |
| Mar 31, 2024 | 13.37% |
| Dec 31, 2023 | -16.38% |
| Sep 30, 2023 | -9.24% |
| Jun 30, 2023 | -10.55% |
| Mar 31, 2023 | -15.60% |
| Dec 31, 2022 | -13.01% |
| Sep 30, 2022 | -4.54% |
| Jun 30, 2022 | -6.94% |
| Mar 31, 2022 | -8.46% |
| Dec 31, 2021 | -6.51% |
| Sep 30, 2021 | -2.62% |