TOWER SEMICONDUCTOR LTD Financial Summary

Quick Answer

TOWER SEMICONDUCTOR LTD reported Total Revenue of $1.44 billion for fiscal year 2024.

TOWER SEMICONDUCTOR LTD — Key Financials by Year

Metric 2024 2023 2022 2021 2020 2019
Total Revenue $1.44B
+0.9%
$1.42B
-15.2%
$1.68B
+11.2%
$1.51B
+19.2%
$1.27B
+2.6%
$1.23B
-5.4%
Net Income $207.86M
-59.9%
$518.49M
+96.0%
$264.57M
+76.4%
$150.01M
+82.3%
$82.30M
-8.6%
$90.05M
-33.6%
Diluted EPS $1.85
-60.3%
$4.66
+95.0%
$2.39
+74.5%
$1.37
+80.3%
$0.76
-9.5%
$0.84
-36.4%
Total Assets $3.08B
+5.5%
$2.92B
+14.6%
$2.55B
+14.2%
$2.23B
+6.5%
$2.09B
+8.3%
$1.93B
+8.0%
Cash and Equivalents $271.89M
+4.3%
$260.66M
-23.5%
$340.76M
+61.6%
$210.93M
-0.4%
$211.68M
-40.5%
$355.56M
-7.7%
Long-Term Debt $132.44M
-23.3%
$172.61M
-17.8%
$210.07M
-9.1%
$230.97M
-18.6%
$283.76M
+15.4%
$245.82M
Stockholders Equity $2.65B
+9.1%
$2.43B
+28.6%
$1.89B
+16.6%
$1.62B
+11.3%
$1.46B
+7.6%
$1.35B
+9.0%
R&D Expense $79.43M
-0.5%
$79.81M
-4.9%
$83.91M
-1.7%
$85.39M
+9.0%
$78.32M
+3.6%
$75.58M
+3.5%
Operating Income $191.31M
-65.0%
$547.26M
+75.6%
$311.67M
+87.2%
$166.51M
+82.9%
$91.03M
+5.0%
$86.72M
-44.0%
Gross Profit $339.44M
-4.0%
$353.52M
-24.2%
$466.31M
+41.7%
$329.12M
+41.1%
$233.32M
+1.6%
$229.67M
-21.6%
Shares Outstanding 111.55M
+0.7%
110.83M
+0.8%
109.95M
+1.0%
108.88M
+0.9%
107.92M
+1.0%
106.81M
+1.7%
  • TOWER SEMICONDUCTOR LTD reported Total Revenue of $1.44 billion for fiscal year 2024.
  • TOWER SEMICONDUCTOR LTD showed an increase of +0.9% in Total Revenue compared to the prior fiscal year.
  • TOWER SEMICONDUCTOR LTD reported Net Income of $207.86 million for fiscal year 2024.
  • TOWER SEMICONDUCTOR LTD showed a decrease of -59.9% in Net Income compared to the prior fiscal year.
  • TOWER SEMICONDUCTOR LTD reported Diluted EPS of $1.85 per share for fiscal year 2024.
  • TOWER SEMICONDUCTOR LTD showed a decrease of -60.3% in Diluted EPS compared to the prior fiscal year.
  • TOWER SEMICONDUCTOR LTD reported Total Assets of $3.08 billion for fiscal year 2024.
  • TOWER SEMICONDUCTOR LTD showed an increase of +5.5% in Total Assets compared to the prior fiscal year.
  • TOWER SEMICONDUCTOR LTD reported Cash and Equivalents of $271.89 million for fiscal year 2024.
  • TOWER SEMICONDUCTOR LTD showed an increase of +4.3% in Cash and Equivalents compared to the prior fiscal year.
  • TOWER SEMICONDUCTOR LTD reported Long-Term Debt of $132.44 million for fiscal year 2024.
  • TOWER SEMICONDUCTOR LTD showed a decrease of -23.3% in Long-Term Debt compared to the prior fiscal year.
  • TOWER SEMICONDUCTOR LTD reported Stockholders Equity of $2.65 billion for fiscal year 2024.
  • TOWER SEMICONDUCTOR LTD showed an increase of +9.1% in Stockholders Equity compared to the prior fiscal year.
  • TOWER SEMICONDUCTOR LTD reported R&D Expense of $79.43 million for fiscal year 2024.
  • TOWER SEMICONDUCTOR LTD showed a decrease of -0.5% in R&D Expense compared to the prior fiscal year.
  • TOWER SEMICONDUCTOR LTD reported Operating Income of $191.31 million for fiscal year 2024.
  • TOWER SEMICONDUCTOR LTD showed a decrease of -65.0% in Operating Income compared to the prior fiscal year.
  • TOWER SEMICONDUCTOR LTD reported Gross Profit of $339.44 million for fiscal year 2024.
  • TOWER SEMICONDUCTOR LTD showed a decrease of -4.0% in Gross Profit compared to the prior fiscal year.
  • TOWER SEMICONDUCTOR LTD reported Shares Outstanding of 111.55 million shares for fiscal year 2024.
  • TOWER SEMICONDUCTOR LTD showed an increase of +0.7% in Shares Outstanding compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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