Slide 1: Second Quarter 2025 Financial Results Conference Call
Second Quarter 2025 Financial Results Conference Call Supporting Slides August 4, 2025
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: Second Quarter 2025 Financial Results Highlights
Second Quarter 2025 Financial Results Highlights • Q2 2025 revenue: $372 million • Net profit: $46.5 million $395M* $372M $358M $351M Q2'24 (Y/Y) Q2'25 (Q/Q) Q2'25 Q3'25 Outlook (guidance) • Q3 2025 revenue guidance of $395 million, +/- 5%, represents 7% year-over-year growth. 3
Slide 4: Q2 2025 Revenue Breakdown by Technology
Q2 2025 Revenue Breakdown by Technology Q2’25 | $372M revenue Misc., Q2’24 | $351M revenue 1% Discrete, Misc., Sensors & 2% 11% Display, 15% Discrete, Sensors & 13% Display, 18% Power, 17% RF Mobile, Power, 23% 15% MS/ CMOS, 8% RF Mobile, MS/ CMOS, 31% RF Infrastructure, 7% RF 25% Infrastructure, 14
Slide 5: SiPho Product Speeds
SiPho Product Speeds 400dr4 800dr8 2x400FR4 1600dr8 Wafers 2021 2022 2023 2024 2025 5
Slide 6: Power Management Offering
Power Management Offering 200mm | 300mm TSI8PM/PMHP TPS65PMA/B/K TPS65PML TPS55PMJ & & Low Mask Count Low Mask Count & & Low Mask Low Mask Count Count MOSFET: 1.2V/3.3V LDMOS 5.0/7.0/12~24V MOSFET: 1.8V/5.0V MOSFET: 1.2V/5.0V MOSFET: 1.2V/3.3V LDMOS 5V to 140V LDMOS LDMOS 5.0/7.0/12~24V 5.0/7.0/12-2
Slide 7: Balance Sheets ($ in million)
Balance Sheets ($ in million) June 30, December 31, 2025 2024 CURRENT ASSETS Cash and cash equivalents 265 272 Short-term deposits 942 946 Trade accounts receivable 215 212 Inventories 287 268 Other current assets 54 62 Total Current Assets 1,763 1,760 Property and equipment, net 1,403 1,287 Goodwil
Slide 8: Q2'25 P&L vs. Q1'25 and Q2'24 P&L
Q2‘25 P&L vs. Q1’25 and Q2’24 P&L Three June 30, mo nths March 31, ended June 30, (in thousands of $) 2025 2025 2024 REVENUES $ 372,061 $ 358,170 $ 351,181 COST OF REVENUES 292,035 284,999 264,259 GROSS PROFIT 80,026 73,171 86,922 OPERATING COSTS AND EXPENSES: Research and development 19,418 20,172
Slide 9: H1'25 P&L vs. H1'24 P&L
Six mo nths e nde d H1‘25 P&L vs. H1’24 P&L 2025 June 30, 2024 (in thousands of $) REVENUES $ 730,231 $ 678,419 COST OF REVENUES 577,034 518,891 GROSS PROFIT 153,197 159,528 OPERATING COSTS AND EXPENSES: Research and development 39,590 38,945 Marketing, general and administrative 40,844 37,720 Restr
Slide 10: Cash Reports ($ in million)
Cash Reports ($ in million) Q2‘25 Q2‘24 Cash opening balance, excluding marketable securities & deposits 275 260 Cash from operating activities 123 113 Cap-Ex, net (111) (112) Debt received (repaid) and others, net 6 (13) Proceeds from (investment in) short- term deposits & investments, net (28) 17
Slide 11: Thank You
Thank You Contact: Liat Avraham, Investor Relations Email: liatavra@towersemi.com