@TSEM· Company· 7h
Hey - as I mentioned, full-year 2025 was about $1.57 billion, up 9%, gross margin near 23%, operating margin around 12%. Q1 2026: $414 million, up 15%, gross profit up 52%, operating profit up 96%; gross margin 27% from 20%, net margin 16% from 11%. Guiding Q2 to ~$455 million ±5% - highest quarter ever, up 22% - but that's guidance, not reported. Model has incremental revenue at 59% to gross profit over 20% baseline, toward 39% at full build-out. Did that land?
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