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

Tower Semiconductor has disclosed Tax Rate across 18 years of filings, most recently posting 8.8% for Q1 2026.

• In Q1 2026, Tax Rate fell 11.0% year-over-year to 8.8%; the TTM figure through Mar 2026 stood at 8.97% (down 42.0% YoY), while the FY2025 annual figure was 8.97%, up 428.0% from the prior year.
• Tax Rate retreated to 8.8% in Q1 2026, from 1.85% in the prior quarter.
• Over the last five years, Tax Rate for TSEM reached as high as 101.72% in Q1 2024 and fell as low as 16.38% in Q4 2023.
• The 5-year median for Tax Rate is 8.8% (2026), against an average of 1.98%.
• Annual changes were most pronounced in 2022 — Tax Rate tumbled 15999 bps — and 2024, when it surged 9518 bps.
• A 5-year view of Tax Rate shows it stood at 13.01% in 2022, then slipped by 26 bps to 16.38% in 2023, then surged by 76 bps to 3.93% in 2024, then surged by 53 bps to 1.85% in 2025, then tumbled by 377 bps to 8.8% in 2026.
• According to Business Quant data, Tax Rate over the past three periods registered 8.8%, 1.85%, and 12.49% for Q1 2026, Q4 2025, and Q3 2025 respectively.