← TOWER SEMICONDUCTOR LTD
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.2b | $1.4b | $1.3b | $1.2b | $1.3b | $1.5b | $1.7b | $1.4b | $1.4b | $1.6b | |
| Cost of Revenue | $946.5m | $1.0b | $1.0b | $1.0b | $1.0b | $1.2b | $1.2b | $1.1b | $1.1b | $1.2b | |
| Gross Profit | $303.1m | $354.3m | $292.9m | $229.7m | $233.3m | $329.1m | $466.3m | $353.5m | $339.4m | $363.9m | |
| Operating Expenses | $127.9m | $134.5m | $138.0m | $143.0m | $142.3m | $162.6m | $154.6m | ($193.7m) | $148.1m | $169.7m | |
| Operating Income (Loss) | $175.2m | $219.8m | $154.9m | $86.7m | $91.0m | $166.5m | $311.7m | $547.3m | $191.3m | $194.2m | |
| Additional Financial Items | |||||||||||
| Foreign Currency Transaction Gain (Loss), before Tax | ($8.3m) | ($12.9m) | $9.8m | ($10.3m) | ($6.6m) | ($1.1m) | ($10.4m) | $1.6m | ($133k) | $0 | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $168.7m | $198.0m | $142.8m | $103.4m | $100.1m | $166.3m | $295.4m | $588.5m | $242.9m | $211.1m | |
| Interest and Other Income | — | — | $10.8m | $12.9m | $8.5m | $5.4m | $13.6m | $40.0m | $55.5m | $53.8m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $210.6m | $201.8m | $139.3m | $91.0m | $88.7m | $155.1m | $292.0m | $584.8m | $217.4m | $240.4m | |
| Investment Income, Net | — | — | — | $5.3m | $358k | $3.0m | $7.0m | — | — | $2.4m | |
| Net Income (Loss) Attributable to Parent | $203.9m | $298.0m | $135.6m | $90.0m | $82.3m | $150.0m | $264.6m | $518.5m | $207.9m | $220.5m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $5.2m | $3.6m | ($2.2m) | ($2.0m) | $987k | $4.1m | $1.9m | $1.0m | ($642k) | ($1.7m) | |
| Earnings Per Share, Basic | $2.33 | $3.08 | $1.35 | $0.85 | $0.77 | $1.39 | $2.42 | $4.70 | $1.87 | $1.97 | |
| Earnings Per Share, Diluted | $2.09 | $2.90 | $1.32 | $0.84 | $0.76 | $1.37 | $2.39 | $4.66 | $1.85 | $1.94 | |
| Weighted Average Number of Shares Outstanding, Basic | 87.5m | 96.6m | 100.4m | 106.3m | 107.3m | 108.3m | 109.3m | 110.3m | 111.2m | 112.0m | |
| Weighted Average Number of Shares Outstanding, Diluted | 101.3m | 105.9m | 102.5m | 107.4m | 108.5m | 109.8m | 110.8m | 111.2m | 112.3m | 113.6m | |
| Research and Development Expense | $63.1m | $67.7m | $73.1m | $75.6m | $78.3m | $85.4m | $83.9m | $79.8m | $79.4m | $86.5m | |
| Selling, General and Administrative Expense | $65.4m | $66.8m | $65.0m | $67.4m | $64.0m | $77.2m | $80.3m | $72.5m | $75.0m | $83.2m | |
| Other Nonoperating Income (Expense) | $9.3m | ($2.6m) | ($2.4m) | $4.3m | ($5.2m) | $1.5m | ($6.9m) | $7.0m | ($24.7m) | ($10.5m) | |
| Current Income Tax Expense (Benefit) | $5.9m | — | — | — | — | — | — | — | — | — | |
| Interest Expense | $11.9m | $7.8m | $10.6m | $6.8m | $6.8m | $7.3m | $5.7m | $4.4m | $4.0m | $3.7m | |
| Restructuring Costs | — | — | — | — | — | — | $10.7m | — | — | — | |
| Income Tax Expense (Benefit) | $1.4m | ($99.9m) | $5.9m | $2.9m | $5.4m | $1.0m | $25.5m | $65.3m | $10.2m | $21.6m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.