Tower Semi Q2 FY26 net profit rises 95% to $91 million; revenue climbs 24% to $460 million

• Tower Semiconductor posted Q2 2026 revenue of $460 million, up 24% year over year; GAAP net profit attributable to shareholders climbed to $90.77 million.
• GAAP diluted EPS rose to $0.79; GAAP operating profit widened to $90.29 million.
• Gross profit increased to $137.77 million; GAAP net margin was 20% excluding non-recurring items.
• CEO Russell Ellwanger cited “powerful demand momentum”; SiPho reached a $680 million annual revenue run rate, up from $180 million a year earlier.
• Q3 revenue guidance is $520 million, up 31% year over year, with a 5% range; targets $3.6 billion revenue by 2028.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tower Semiconductor Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608040700PRIMZONEFULLFEED9803148) on August 04, 2026, and is solely responsible for the information contained therein.