Tower Semiconductor Ltd. · NASDAQ:TSEM
Tower Semiconductor — Q3 2026 Earnings Presentation
9 slides from Tower Semiconductor's earnings presentation, Nov 2, 2026
Slide 1: Third Quarter 2026 Financial Results Conference Call
Third Quarter 2026 Financial Results Conference Call Supporting Slides November 2, 2026
Slide 2: Safe Harbor
This presentation contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Safe Reform Act of 1995. These statements are based on management’s current expectations and beliefs and are subject to a number of risks, uncertainties and a
Slide 3: Third Quarter 2026 Financial Results Highlights and Fourth Quarter 2026 Outlook
Third Quarter 2026 Financial Results Highlights and Fourth Quarter 2026 Outlook Q3 2026 revenue: $526 million | Q3 2026 Net profit: $120 million • Q4 2026 revenue guidance of $600 million, +/- 5%. • Mid-range guidance represents growth of 36% year-over-year and 14% quarter-over-quarter. 3
Slide 4: Q3 Year-over-Year Revenue Breakdown by Technology
Q3 Year-over-Year Revenue Breakdown by Technology Q3 2026 $526 Million Revenue Q3 2025 $396 Million Revenue 4
Slide 5: Balance Sheet ($ in million)
Balance Sheet ($ in million) September 30, December 31, 2026 2025 ASSETS Cash and cash equivalents 251 235 Short-term deposits 1,222 917 Trade accounts receivable 227 223 Inventories 263 257 Other current assets 48 78 Total current assets 2,011 1,710 Property and equipment, net 1,825 1,463 Other lon
Slide 6: Q3'26 P&L vs. Q2'26 P&L
Q3‘26 P&L vs. Q2’26 P&L Three months ended September 30, June 30, (in thousands of $) 2026 2026 REVENUE 526,161 460,079 COST OF REVENUE 347,402 322,307 GROSS PROFIT 178,759 137,772 Research and development 26,625 23,569 Marketing, general and administrative 24,999 23,913 OPERATING PROFIT 127,135 90,
Slide 7: Q3'26 P&L vs. Q3'25 P&L
Q3‘26 P&L vs. Q3’25 P&L Three months ended September 30, September 30, (in thousands of $) 2026 2025 REVENUE 526,161 395,667 COST OF REVENUE 347,402 302,622 GROSS PROFIT 178,759 93,045 Research and development 26,625 22,056 Marketing, general and administrative 24,999 20,409 OPERATING PROFIT 127,135
Slide 8: YTD'26 P&L vs. YTD'25 P&L
YTD‘26 P&L vs. YTD’25 P&L Nine months ended September 30, (in thousands of $) 2026 2025 REVENUE 1,399,871 1,125,898 COST OF REVENUE 972,389 879,656 GROSS PROFIT 427,482 246,242 Research and development 73,724 61,646 Marketing, general and administrative 71,768 61,253 OPERATING PROFIT 281,990 123,343
Slide 9: Thank You
Thank You Contact: Liat Avraham, Investor Relations Email: [email protected]