How Tower Semiconductor makes money

Period

FY2025

How does Tower Semiconductor make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Tower Semiconductor Ltd. · FY2025 · year ended 2025-12-31

Revenue$1.6BGross profit$364M · 23%Cost of revenue$1.2B · 77%Operating income$194M · 12%Operating expenses$170M · 11%R&D$86M · 6%SG&A$83M · 5%Pre-tax income$242M · 15%Other income$48M · 3%Net income$220M · 14%Income tax$22M · 1%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.