Tower Semiconductor (TSEM) Tax Rate (2009 - 2026)
Tower Semiconductor (TSEM) reported Tax Rate of 8.8% for Q1 2026, down 11.0% year-over-year from 9.89% in Q1 2025, and down 376.82% quarter-over-quarter from 1.85% in Q4 2025.
Tower Semiconductor (TSEM) Tax Rate (2009 - 2026) Analysis & Trends
Tower Semiconductor (TSEM) has 18 years of Tax Rate data on file, last reported at 8.8% in Q1 2026.
- Tax Rate for Q1 2026 came in at 8.8%, down 11.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 8.97% (down 42.0% YoY), and the FY2025 annual result was 8.97%, up 428.0% from the prior year.
- Tax Rate declined to 8.8% in Q1 2026 per TSEM's latest filing, from 1.85% 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 8.48% and a median of 9.24% in 2023 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2024: Tax Rate sank 3231 bps in 2022, then surged 2898 bps in 2024.
- 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 sank by 377 bps to 8.8% in 2026.
- Business Quant data shows TSEM's Tax Rate at 8.8% in Q1 2026, 1.85% in Q4 2025, and 12.49% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,119.49 Bn | 5,076.01 Bn | 61.16 Bn | 16.59 |
| 2 | Broadcom | 1,946.04 Bn | 1,926.41 Bn | 15.42 Bn | 8.09 |
| 3 | Micron Technology | 1,288.71 Bn | 1,274.12 Bn | 17.76 Bn | 14.67 |
| 4 | Taiwan Semiconductor Manufacturing | 1,080.21 Bn | 983.26 Bn | 23.77 Bn | 16.72 |
| 5 | Advanced Micro Devices | 879.94 Bn | 867.59 Bn | 5.42 Bn | 14.84 |
| 6 | Intel | 681.83 Bn | 662.64 Bn | 5.35 Bn | -8.49 |
| 7 | Texas Instruments | 293.38 Bn | 288.27 Bn | 2.80 Bn | 9.86 |
| 8 | Marvell Technology | 274.06 Bn | 270.21 Bn | 1.26 Bn | 58.58 |
| 9 | Qualcomm | 241.64 Bn | 231.84 Bn | 4.16 Bn | -230.20 |
| 10 | Tower Semiconductor | 166.58 | -1.50 Bn | 110.95 Mn | -8.80 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -8.80% |
| Mar 31, 2026 | -8.80% |
| Dec 31, 2025 | -1.85% |
| Dec 31, 2025 | -1.85% |
| Sep 30, 2025 | -12.49% |
| Sep 30, 2025 | -12.49% |
| Jun 30, 2025 | -15.96% |
| Jun 30, 2025 | -15.96% |
| Mar 31, 2025 | -8.69% |
| Mar 31, 2025 | -8.69% |
| Dec 31, 2024 | -3.93% |
| Dec 31, 2024 | -3.93% |
| Sep 30, 2024 | -11.36% |
| Sep 30, 2024 | -11.36% |
| Jun 30, 2024 | -9.72% |
| Jun 30, 2024 | -9.72% |
| Mar 31, 2024 | 13.37% |
| Mar 31, 2024 | 13.37% |
| Dec 31, 2023 | -16.38% |
| Dec 31, 2023 | -16.38% |