Welcome to our dedicated page for TOWER SEMICONDUCTOR SEC filings (Ticker: TSEM), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Tower Semiconductor Ltd. filings document a foreign private issuer operating as a specialty semiconductor foundry. Its Form 6-K current reports record financial-results announcements, investor-conference communications, credit-rating updates, technology-platform releases and customer or partner developments involving analog, power-management, silicon photonics and SiGe processes.
The filings also provide public-company disclosure around material events, operating and financial results, capital structure, governance matters and risk factors. Company descriptions in the filings identify Tower's customizable process platforms, design enablement and process-transfer services, and its manufacturing footprint across Israel, the United States, Japan through TPSCo, and a shared 300mm facility in Agrate, Italy with STMicroelectronics.
Tower Semiconductor Ltd. (TSEM) reports significantly stronger mid‑2026 results. For the six months ended June 30, 2026, revenue was $873.7 million, up about 19.6% from $730.2 million a year earlier, driven mainly by higher average selling prices from a richer product mix, especially Silicon Photonics shipments, and higher volumes.
Gross profit rose to $248.7 million from $153.2 million, with gross margin improving from 21.0% to 28.5%. Operating profit nearly doubled to $154.9 million, and net profit attributable to the company increased to $155.8 million from $86.7 million; basic EPS grew to $1.38 from $0.78. Operating cash flow was very strong at $686.9 million, including a $282.6 million increase in customers’ advances, funding heavy capital spending of $343.0 million on property and equipment and $330.0 million of additional short‑term deposits.
As of June 30, 2026, cash and cash equivalents were $231.2 million and total shareholders’ equity $3.07 billion. Tower agreed a restructuring of its TPSCo operations under which it expects to gain full ownership of the Uozu fab and receive a $25,000 payment, and announced a Japan 300mm SiPho/SiGe capacity expansion plan supported by expected METI cash grants. The company also disclosed patent infringement actions filed by GlobalFoundries, which it disputes.
Tower Semiconductor Ltd. Chief Executive Officer Russell Craig Ellwanger reported sales of 181,535 Ordinary Shares of the company in 27 open-market transactions on August 10–11, 2026. The shares relate to fully vested restricted stock units granted more than three years earlier and were sold pursuant to a pre-arranged, pre-scheduled order instruction established on March 12, 2026, when he was stated not to be in possession of material non-public information. The trades were executed on the Tel Aviv Stock Exchange, with per-share prices reported on a weighted-average basis in New Israeli Shekels and translated to U.S. dollars.
Tower Semiconductor Ltd. reported that company representatives will participate in two upcoming investor conferences in the United States. They plan to attend the 2026 Jefferies Semiconductor, IT Hardware and Communications Technology Conference on August 25–26, 2026 in Chicago and the Benchmark-StoneX 13th Annual Tech, Media and Telecom Conference on September 10, 2026 in New York. Investors will have opportunities for one-on-one meetings by coordinating with conference organizers or the company’s investor relations contacts. Tower Semiconductor describes itself as a leading foundry of high-value analog semiconductor solutions, operating fabrication facilities in Israel, the U.S., Japan through a 51% holding in TPSCo, and a shared 300mm facility in Agrate, Italy with STMicroelectronics.
Tower Semiconductor Ltd. reports a technology collaboration with OpenLight and Cadence to expand the PH18DA indium phosphide-on-silicon photonics ecosystem. OpenLight’s photonic Process Design Kit is now available within Cadence electronic design automation tools and supports fabrication on Tower’s PH18DA platform.
The ecosystem combines OpenLight’s photonics IP, Tower’s process and manufacturing capabilities, and Cadence’s design tools to let customers design advanced photonic integrated circuits in a familiar IC design environment. This supports integration of active components such as lasers, modulators, and amplifiers on a single monolithic PIC for applications including optical interconnects, AI infrastructure, sensing, and next-generation near- and co-packaged optics solutions.
Tower Semiconductor Ltd. reported record second quarter 2026 results, with revenue of $460 million, up 24% year over year. Gross profit reached a record $138 million, 72% above the prior year period, and operating profit was $90 million, about 2.3X second quarter 2025. Net profit was a record $91 million (excluding non-recurring items), a 20% net margin and 95% higher than the $47 million earned a year earlier, translating to basic and diluted EPS of $0.80 and $0.79. For the first half of 2026, revenue was $873.7 million and net profit attributable to the company was $155.8 million, with basic EPS of $1.38. Second-quarter cash from operating activities was $177 million and investments in property and equipment, net, were $187 million.
The company guided third quarter 2026 revenue to $520 million with an up or down range of 5%, which at the midpoint implies 31% year-over-year and 13% quarter-over-quarter growth. Management highlighted strong demand across key business units, including SiPho, which showed triple-digit year-over-year revenue growth to a $680 million annual run rate in the second quarter from $180 million a year earlier, with plans to exceed a $1 billion annual run rate in the fourth quarter of 2026. The CEO stated that the company is raising its 2028 target business model to $3.6 billion of revenue and $1.2 billion net profit, described as fully spoken for by customers.
Migdal Insurance & Financial Holdings Ltd., through various subsidiaries, reports beneficial ownership of 6,744,227.47 ordinary shares of Tower Semiconductor Ltd., representing 5.98% of the outstanding ordinary shares, based on 112,824,944 shares outstanding as of July 8, 2026.
The shares are held across Migdal Sal Domestic Equities, Migdal Mutual Funds Ltd., and Migdal Insurance Company Ltd., which each manage funds for policyholders, pension and provident fund members, mutual fund unit holders, and portfolio clients. Each subsidiary operates under independent management and makes its own independent voting and investment decisions.
The filing states that neither Migdal nor its subsidiaries admit that they form a group for purposes of Section 13(d), and they disclaim beneficial ownership of any Tower Semiconductor shares beyond their actual pecuniary interest. Voting and dispositive powers are shared across subsidiaries, with no sole voting or dispositive power reported.
Tower Semiconductor Ltd Chief Executive Officer Russell Craig Ellwanger reported open-market sales of 66,964 Ordinary Shares on July 13, 2026, across 10 transactions on the Tel Aviv Stock Exchange. The shares relate to restricted stock units granted more than three years ago that are now fully vested and were sold under a pre-arranged, pre-scheduled order instruction established on March 12, 2026, when he was not in possession of material non-public information. Following these sales, he directly holds 708,323 Ordinary Shares. Sale prices are disclosed as weighted averages, with trades executed in New Israeli Shekels at an exchange rate of 3.025 ILS to $1.000.
Tower Semiconductor outlined a parallel dual-track expansion of its 300mm Silicon Photonics, Silicon Germanium and advanced packaging capacity in Japan, supported by the Government of Japan, to meet rapidly growing long-term customer demand and strengthen its technology leadership.
Track one repurposes the Arai facility for new 300mm Silicon Photonics capacity and advanced packaging, with full production readiness targeted in the fourth quarter of 2027, and leads the company to update its business model, now targeting $3.6 billion of revenue and $1.2 billion of net profit in 2028. Track two involves constructing an additional 300mm manufacturing facility adjacent to Fab 7, expected to deliver a multi-fold increase in Silicon Photonics and Silicon Germanium capacity for emerging AI and data center optical connectivity, and is expected to be highly accretive beginning in 2029.
The dual-track expansion is forecasted to involve approximately $3 billion of Tower investment, net of $1 billion in grants from the Government of Japan, supporting advanced domestic manufacturing, supply-chain resilience, and long-term economic development in the Toyama and Niigata regions.
Tower Semiconductor Ltd. will issue its second quarter 2026 earnings release on August 4, 2026, and hold a conference call the same day at 10:00 a.m. Eastern Time. The call will discuss second quarter 2026 financial results and third quarter 2026 guidance.
The conference call will be webcast via the Investor Relations section of Tower Semiconductor’s website, with dial-in details available after online pre-registration. A replay of the teleconference will be accessible for 90 days, giving investors extended time to review the discussion.
Tower Semiconductor Ltd. reports the results of its annual general meeting held on July 2, 2026. Shareholders approved all proposals presented, except for Proposal 3, which sought approval of an amended and restated compensation policy for directors and executive officers under the Israeli Companies Law 5759-1999.
The Company’s Compensation Committee and Board of Directors plan to review the voting outcome on this compensation policy and consider next steps while emphasizing governance and long-term strategy. Existing director and officer compensation arrangements, including those approved at the meeting, remain in effect, and future compensation will continue to require approvals in line with applicable law.