Research and Development Expense of TOWER SEMICONDUCTOR LTD from 31 Dec 2010 to 31 Dec 2024

Taxonomy & unit
us-gaap: USD
Description
The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use.
Summary
TOWER SEMICONDUCTOR LTD annual and quarterly Research and Development Expense in USD history and change rate from 31 Dec 2010 to 31 Dec 2024.
  • TOWER SEMICONDUCTOR LTD Research and Development Expense for the quarter ending 30 Jun 2024 was $18,994,000, a 2.4% decline year-over-year.
  • TOWER SEMICONDUCTOR LTD annual Research and Development Expense for 2024 was $79,434,000, a 0.47% decline from 2023.
  • TOWER SEMICONDUCTOR LTD annual Research and Development Expense for 2023 was $79,808,000, a 4.9% decline from 2022.
  • TOWER SEMICONDUCTOR LTD annual Research and Development Expense for 2022 was $83,911,000, a 1.7% decline from 2021.
Source SEC data
View on sec.gov
Research and Development Expense, Annual (USD)
Research and Development Expense, YoY Annual Change (%)
Research and Development Expense, Quarterly (USD)
Research and Development Expense, YoY Quarterly Change (%)

TOWER SEMICONDUCTOR LTD Annual Research and Development Expense (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
2024 $79,434,000 -$374,000 -0.47% 01 Jan 2024 31 Dec 2024 20-F 30 Apr 2025 2024 FY
2023 $79,808,000 -$4,103,000 -4.9% 01 Jan 2023 31 Dec 2023 20-F 30 Apr 2025 2024 FY
2022 $83,911,000 -$1,475,000 -1.7% 01 Jan 2022 31 Dec 2022 20-F 30 Apr 2025 2024 FY
2021 $85,386,000 +$7,066,000 +9% 01 Jan 2021 31 Dec 2021 20-F 22 Apr 2024 2023 FY
2020 $78,320,000 +$2,741,000 +3.6% 01 Jan 2020 31 Dec 2020 20-F 16 May 2023 2022 FY
2019 $75,579,000 +$2,526,000 +3.5% 01 Jan 2019 31 Dec 2019 20-F 29 Apr 2022 2021 FY
2018 $73,053,000 +$5,389,000 +8% 01 Jan 2018 31 Dec 2018 20-F 30 Apr 2021 2020 FY
2017 $67,664,000 +$4,530,000 +7.2% 01 Jan 2017 31 Dec 2017 20-F 30 Apr 2020 2019 FY
2016 $63,134,000 +$1,465,000 +2.4% 01 Jan 2016 31 Dec 2016 20-F 25 Apr 2019 2018 FY
2015 $61,669,000 +$9,828,000 +19% 01 Jan 2015 31 Dec 2015 20-F 30 Apr 2018 2017 FY
2014 $51,841,000 +$18,777,000 +57% 01 Jan 2014 31 Dec 2014 20-F 10 Apr 2017 2016 FY
2013 $33,064,000 +$1,971,000 +6.3% 01 Jan 2013 31 Dec 2013 20-F 11 May 2016 2015 FY
2012 $31,093,000 +$6,207,000 +25% 01 Jan 2012 31 Dec 2012 20-F 14 May 2015 2014 FY
2011 $24,886,000 +$1,010,000 +4.2% 01 Jan 2011 31 Dec 2011 20-F 14 May 2014 2013 FY
2010 $23,876,000 01 Jan 2010 31 Dec 2010 20-F 30 Apr 2013 2012 FY

TOWER SEMICONDUCTOR LTD Quarterly Research and Development Expense (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
Q2 2024 $18,994,000 -$458,000 -2.4% 01 Apr 2024 30 Jun 2024 6-K 29 Jul 2024
Q2 2023 $19,452,000 -$1,029,000 -5% 01 Apr 2023 30 Jun 2023 6-K 29 Jul 2024
Q2 2022 $20,481,000 -$600,000 -2.8% 01 Apr 2022 30 Jun 2022 6-K 27 Jul 2023 2023 Q2
Q2 2021 $21,081,000 +$1,657,000 +8.5% 01 Apr 2021 30 Jun 2021 6-K 08 Aug 2022 2022 Q2
Q2 2020 $19,424,000 +$612,000 +3.3% 01 Apr 2020 30 Jun 2020 6-K 09 Aug 2021 2021 Q2
Q2 2019 $18,812,000 +$639,000 +3.5% 01 Apr 2019 30 Jun 2019 6-K 05 Aug 2020 2020 Q2
Q2 2018 $18,173,000 +$1,741,000 +11% 01 Apr 2018 30 Jun 2018 6-K 30 Jul 2019 2019 Q2
Q2 2017 $16,432,000 +$402,000 +2.5% 01 Apr 2017 30 Jun 2017 6-K 31 Jul 2018 2018 Q2
Q2 2016 $16,030,000 +$882,000 +5.8% 01 Apr 2016 30 Jun 2016 6-K 08 Aug 2017 2017 Q2
Q2 2015 $15,148,000 +$986,000 +7% 01 Apr 2015 30 Jun 2015 6-K 09 Aug 2016 2016 Q2
Q2 2014 $14,162,000 +$6,766,000 +91% 01 Apr 2014 30 Jun 2014 6-K 06 Aug 2015 2015 Q2
Q2 2013 $7,396,000 -$186,000 -2.5% 01 Apr 2013 30 Jun 2013 6-K 12 Aug 2014 2014 Q2
Q2 2012 $7,582,000 +$2,125,000 +39% 01 Apr 2012 30 Jun 2012 6-K 21 Aug 2013 2013 Q2
Q2 2011 $5,457,000 01 Apr 2011 30 Jun 2011 6-K/A 07 Sep 2012 2012 Q2
* An asterisk sign (*) next to the value indicates that the value is likely invalid.