Slide 1: Fourth Quarter and Fiscal Year 2025 Financial Results Conference Call
Fourth Quarter and Fiscal Year 2025 Financial Results Conference Call Supporting Slides February 11, 2026
Slide 2: Safe Harbor
This presentation contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Safe Reform Act of 1995. These statements are based on management’s current expectations and beliefs and are subject to a number of risks, uncertainties and a
Slide 3: FY 2025 Financial Results Highlights
FY 2025 Financial Results Highlights • 2025 Revenues of $1.566 billion • 2025 Net profit: $220 million Revenue: 3
Slide 4: Fourth Quarter 2025 Financial Results Highlights
Fourth Quarter 2025 Financial Results Highlights • Q4 2025 revenue: $440 million • Q4 2025 Net profit: $80 million • Sequential quarterly revenue growth in 2025 Revenue: 4
Slide 5: FY 2025 Revenue Breakdown by Technology Vs FY 2024
FY 2025 Revenue Breakdown by Technology Vs FY 2024 Fiscal Year 2025 $1.566 Billion Revenue Fiscal Year 2024 $1.436 Billion Revenue 5
Slide 6: Q4 2025 Revenue Breakdown by Technology Vs Q4 2024
Q4 2025 Revenue Breakdown by Technology Vs Q4 2024 Q4 2025 $440M Revenue Q4 2024 $387M revenue Automotive: 9% Automotive: 11% 6
Slide 7: Financial Model P&L - $M
Financial Model P&L - $M Revenue 2,840 Cost of Revenue 1,720 Gross Profit 1,120 Gross Margin 39.4% Op-Ex 220 Operating Profit 900 Operating Margin 31.7% Net Profit 750 Net Profit Margin 26.4% 7
Slide 8: Estimated Financial Model ($M)
Estimated Financial Model ($M) Built-out Incremental FY 2025 capacity $M of % of Incremental @85% utilization* Increase Revenue Revenue 1,566 1.8X 2,840 1,274 Gross Profit 364 3.1X 1,120 756 59% Operating Profit 194 4.6X 900 706 55% Net Profit 220 3.4X 750 530 42% * Including revenue and margins fro
Slide 9: Balance Sheet ($ in million)
Balance Sheet ($ in million) December 31, December 31, 2025 2024 ASSETS Cash and cash equivalents 235 272 Short-term deposits 917 946 Trade accounts receivable 223 212 Inventories 257 268 Other current assets 78 62 Total current assets 1,710 1,760 Property and equipment, net 1,463 1,287 Other long-t
Slide 10: Q4'25 P&L vs. Q3'25 and Q4'24 P&L
Q4‘25 P&L vs. Q3’25 and Q4’24 P&L (in thousands of $) Three Months ended December 31, September 30, December 31, 2025 2025 2024 REVENUE 440,206 395,667 395,667 COST OF REVENUES 322,594 302,622 302,622 GROSS PROFIT 117,612 93,045 93,045 Research and development 24,850 22,056 22,056 Marketing, general
Slide 11: YTD'25 P&L vs. YTD'24 P&L
YTD‘25 P&L vs. YTD’24 P&L (in thousands of $) Year ended December 31, 2025 2024 REVENUE 1,566,104 1,436,122 COST OF REVENUES 1,202,250 1,096,680 GROSS PROFIT 363,854 339,442 Research and development 86,496 79,434 Marketing, general and administrative 83,186 74,964 Restructuring income, net -- (6,270
Slide 12: Outlook
Outlook • Q1 2026 revenue guidance of $412 million, +/- 5%, represents 15% year-over-year growth. • Target quarter-over-quarter revenue and profitability increases throughout 2026. 12
Slide 13: Thank You
Thank You Contact: Liat Avraham, Investor Relations Email: liatavra@towersemi.com