Tower Semiconductor

TSEM Q3 2025 Earnings

Reported Nov 10, 2025 at 7:00 AM ET · SEC Source

Q3 25 EPS

$0.55

BEAT +1.38%

Est. $0.54

Q3 25 Revenue

$395.7M

BEAT +0.17%

Est. $395.0M

vs S&P Since Q3 25

+116.0%

BEATING MARKET

TSEM +121.5% vs S&P +5.5%

Market Reaction

Did TSEM Beat Earnings? Q3 2025 Results

Tower Semiconductor delivered a clean beat in Q3 2025, posting adjusted diluted EPS of $0.55 against a consensus estimate of $0.54, a 1.38% beat, while revenue of $395.67 million edged past the $394.98 million estimate and grew 6.8% year over year. T… Read more Tower Semiconductor delivered a clean beat in Q3 2025, posting adjusted diluted EPS of $0.55 against a consensus estimate of $0.54, a 1.38% beat, while revenue of $395.67 million edged past the $394.98 million estimate and grew 6.8% year over year. The quarter's underlying momentum was driven by broad-based strength across Power Management, Image Sensors, and 65nm RF Mobile technologies, with gross profit recovering sharply to $93.05 million from $80.03 million in Q2. Perhaps more consequential than the quarterly results themselves was the company's announcement of an additional $300 million investment in silicon photonics and silicon germanium capacity, targeting surging data center demand for optical transceivers where Tower claims a leading market position. That capacity ramp is already feeding into the company's Q4 2025 revenue guidance of $440 million, plus or minus 5%, which would mark a record quarter representing 14% year-over-year and 11% sequential growth. With a healthy balance sheet anchored by over $1.22 billion in cash and short-term deposits, Tower enters the final stretch of 2025 with notable operational and strategic momentum.

Key Takeaways

  • Year-over-year revenue growth in Power Management, Image Sensors, and 65nm RF Mobile core technologies
  • Number one position in SiGe and SiPho technologies for optical transceivers
  • Data center surging demand for optical transceivers
  • Accretive margins from value-add SiPho and SiGe solutions
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TSEM YoY Financials

Q3 2025 vs Q3 2024, source: SEC Filings

“We are in the best position, our core technologies - Power Management, Image Sensors and 65nm RF Mobile, – each demonstrating year over year revenue growth. This is an excellent foundation, on top of which our number one position in SiGe and SiPho technologies for optical transceivers, combined with data center surging demand, gives Tower a present and future pathway for unprecedented growth – both top and bottom line, given the accretive margins of these value-add solutions.”

— Russell Ellwanger, Q3 2025 Earnings Press Release