The table below shows TOWER SEMICONDUCTOR LTD's income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$1.57B
$1.44B
$1.42B
$1.68B
$1.51B
$1.27B
Cost of revenue
$1.20B
$1.10B
$1.07B
$1.21B
$1.18B
$1.03B
Gross profit
$363.85M
$339.44M
$353.52M
$466.31M
$329.12M
$233.32M
R&D
$86.50M
$79.43M
$79.81M
$83.91M
$85.39M
$78.32M
TSEM annual revenue (10-K history)
TOWER SEMICONDUCTOR LTD reported annual revenue of $1.57B for fiscal year 2025. That is up 9.1% from $1.44B in fiscal 2024. Over the 10 fiscal years shown, annual revenue grew from $1.25B (FY 2016) to $1.57B. Figures come from the company's audited annual reports as filed with the SEC.