Tower Semiconductor Ltd.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $220.5M | $207.9M | $518.5M | $264.6M | $150.0M | $82.3M | $90.0M | $135.6M |
| Depreciation & Amortization | $303.1M | $266.3M | $258.0M | $292.6M | $270.7M | $240.5M | $214.5M | $214.4M |
| Depreciation | $13.8M | $15.2M | $18.3M | $14.2M | $14.0M | $13.4M | $9.9M | $2.1M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $395.5M | $448.7M | $676.6M | $529.8M | $421.3M | $276.6M | $291.3M | $312.9M |
| Investing Activities | ||||||||
| Capital Expenditures | $444.4M | $436.2M | $444.5M | $366.4M | $313.8M | $313.7M | $191.4M | $210.2M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-398.1M | $-400.2M | $-720.8M | $-329.4M | $-338.9M | $-363.6M | $-305.1M | $-328.2M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-33.4M | $-32.5M | $-30.4M | $-66.7M | $-76.9M | $-61.2M | $-17.6M | $-48.1M |
| Net Change in Cash | $-36.5M | $11.2M | $-80.1M | $129.8M | $-753.0K | $-143.9M | $-29.5M | $-60.9M |
| Free Cash Flow | $-48.9M | $12.5M | $232.1M | $163.4M | $107.5M | $-37.1M | $99.9M | $102.7M |