Tower Semiconductor Ltd. · TSEM · Next earnings

Tower Semiconductor Ltd. reports Monday, Nov 2, 2026

TSEM reports before market open with consensus EPS at $1.07 and revenue at $521.8M. Last quarter: Tower Semiconductor Q3: record results, capacity expansion

Reports Before market open0 days awayDate estimated Technology

What the street expects

Consensus for the coming report
Consensus EPS $1.07 Calendar consensus
Consensus revenue $521.8M Calendar consensus
Report date Nov 2, 2026 Monday, date estimated
Session Before market open 0 days away

Where TSEM left off: FY2026 Q3

Full report

Tower Semiconductor Q3: record results, capacity expansion

EPS surprise — Reported — vs $1.07
Revenue surprise — Reported — vs $521.8M
Stock move -6.7% Event window
Subsequent drift 0.0% Up to 20 sessions

Guidance sentiment was maintained. The analysis cites Q4 revenue guidance of $600 million and an annual run rate above $2 billion, alongside longer-term targets of $3.6 billion in revenue and $1.2 billion in net profit.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Multi-site capacity ramps may face execution challenges, while new-equipment depreciation could pressure margins.
  • Competitive pricing could weigh on silicon photonics profitability.
  • The plan depends in part on long-term contracts and customer prepayments.
  • Currency and macroeconomic exposure, including yen and shekel movements, remain risks.

Questions analysts left open

  • How sustainable is the quarter’s high gross margin as depreciation increases?
  • What are the specific silicon photonics revenue targets and capacity timelines?
  • How will competition affect market share in silicon photonics and silicon germanium?
  • What is the trajectory of the RF mobile segment?

Ask FN2 about TSEM next report

Transcript, numbers and history already loaded
What should I watch for in TSEM's next earnings report?How did TSEM guide last quarter, and is consensus above or below that?Give me the bull and bear case going into TSEM earnings.

Free account. Your question opens in FN2 with this report's transcript and numbers attached.

Get the TSEM recap when the next report posts

One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.

Recent TSEM quarters

All TSEM earnings
-6.7%FY2026 Q3+2.2%FY2026 Q2+22.6%FY2026 Q1

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q3

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.