TSEM — Tower Semiconductor Income Statement

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Annual income statement for Tower Semiconductor, fiscal year end - December 31st, USD millions except per share, conversion factor applied.

	2020 December 31st	2021 December 31st	2022 December 31st	2023 December 31st	2024 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	20-F	20-F	20-F	20-F	20-F
Standards:	USG	USG	USG	USG	USG
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	1,266	1,508	1,678	1,423	1,436
Cost of Revenue
Gross Profit	233	329	466	354	339
Selling / General / Administrative Expenses
Research And Development
Unusual Expense / Income
Total Operating Expenses	1,175	1,342	1,366	875	1,245
Operating Profit	91	167	312	547	191
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	88.7	155	292	585	217
Provision for Income Taxes
Net Income After Taxes	83.3	154	266	520	207
Minority Interest
Net Income Before Extraordinary Items
Net Income	82.3	150	265	518	208
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	82.3	150	265	518	208
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	0.759	1.37	2.31	1.9	1.8