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
DateValue
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%