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Side-by-side financial comparison of IMMERSION CORP (IMMR) and TOWER SEMICONDUCTOR LTD (TSEM). Click either name above to swap in a different company.
IMMERSION CORP is the larger business by last-quarter revenue ($372.9M vs $351.2M, roughly 1.1× TOWER SEMICONDUCTOR LTD). TOWER SEMICONDUCTOR LTD runs the higher net margin — 15.2% vs -4.6%, a 19.8% gap on every dollar of revenue. On growth, IMMERSION CORP posted the faster year-over-year revenue change (750.4% vs -1.7%).
Immersion Corporation is an Aventura, Florida based developer and licensor of touch feedback technology, also known as haptic technology. Immersion Corporation has been accused of being a patent troll. Founded in 1993 by Louis Rosenberg, it is currently headed by lawyer Francis Jose, who serves as both chief executive officer and general counsel.
Tower Semiconductor Ltd. is an Israeli company that manufactures integrated circuits using specialty process technologies, including SiGe, BiCMOS, Silicon Photonics, SOI, mixed-signal and RFCMOS, CMOS image sensors, non-imaging sensors, power management (BCD), and non-volatile memory (NVM) as well as MEMS capabilities. Tower Semiconductor also owns 51% of TPSCo, an enterprise with Nuvoton Technology Corporation Japan (NTCJ).
IMMR vs TSEM — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2024
| Metric | | |
|---|---|---|
| Revenue | $372.9M | $351.2M |
| Net Profit | $-17.0M | $53.4M |
| Gross Margin | — | 24.8% |
| Operating Margin | -2.8% | 15.7% |
| Net Margin | -4.6% | 15.2% |
| Revenue YoY | 750.4% | -1.7% |
| Net Profit YoY | -191.3% | 4.4% |
| EPS (diluted) | $-0.57 | $0.48 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q2 25 | $372.9M | — | ||
| Q1 25 | $471.3M | — | ||
| Q4 24 | $616.2M | — | ||
| Q2 24 | $95.5M | $351.2M | ||
| Q1 24 | $43.8M | — | ||
| Q3 23 | $9.5M | — | ||
| Q2 23 | $7.0M | $357.2M | ||
| Q4 22 | $9.2M | — |
| Q2 25 | $-17.0M | — | ||
| Q1 25 | $24.1M | — | ||
| Q4 24 | $30.8M | — | ||
| Q2 24 | $26.4M | $53.4M | ||
| Q1 24 | $18.7M | — | ||
| Q3 23 | $2.7M | — | ||
| Q2 23 | $7.0M | $51.2M | ||
| Q4 22 | $19.7M | — |
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q2 24 | — | 24.8% | ||
| Q1 24 | — | — | ||
| Q3 23 | — | — | ||
| Q2 23 | — | 24.2% | ||
| Q4 22 | — | — |
| Q2 25 | -2.8% | — | ||
| Q1 25 | 7.5% | — | ||
| Q4 24 | 11.4% | — | ||
| Q2 24 | 23.7% | 15.7% | ||
| Q1 24 | 37.9% | — | ||
| Q3 23 | 68.8% | — | ||
| Q2 23 | 44.6% | 14.1% | ||
| Q4 22 | 63.1% | — |
| Q2 25 | -4.6% | — | ||
| Q1 25 | 5.1% | — | ||
| Q4 24 | 5.0% | — | ||
| Q2 24 | 27.7% | 15.2% | ||
| Q1 24 | 42.5% | — | ||
| Q3 23 | 28.3% | — | ||
| Q2 23 | 100.6% | 14.3% | ||
| Q4 22 | 215.0% | — |
| Q2 25 | $-0.57 | — | ||
| Q1 25 | $0.73 | — | ||
| Q4 24 | $0.93 | — | ||
| Q2 24 | $0.81 | $0.48 | ||
| Q1 24 | $0.59 | — | ||
| Q3 23 | $0.08 | — | ||
| Q2 23 | $0.21 | $0.46 | ||
| Q4 22 | $0.59 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $161.4M | $265.3M |
| Total DebtLower is stronger | $103.1M | — |
| Stockholders' EquityBook value | $298.1M | $2.5B |
| Total Assets | $1.1B | $3.0B |
| Debt / EquityLower = less leverage | 0.35× | — |
8-quarter trend — quarters aligned by calendar period.
| Q2 25 | $161.4M | — | ||
| Q1 25 | $153.9M | — | ||
| Q4 24 | $159.3M | — | ||
| Q2 24 | $133.4M | $265.3M | ||
| Q1 24 | $179.1M | — | ||
| Q3 23 | $150.7M | — | ||
| Q2 23 | $157.5M | $318.2M | ||
| Q4 22 | $149.7M | — |
| Q2 25 | $103.1M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q3 23 | — | — | ||
| Q2 23 | — | $178.9M | ||
| Q4 22 | — | — |
| Q2 25 | $298.1M | — | ||
| Q1 25 | $317.9M | — | ||
| Q4 24 | $305.5M | — | ||
| Q2 24 | $273.4M | $2.5B | ||
| Q1 24 | $201.5M | — | ||
| Q3 23 | $169.4M | — | ||
| Q2 23 | $170.0M | $2.0B | ||
| Q4 22 | $157.7M | — |
| Q2 25 | $1.1B | — | ||
| Q1 25 | $1.4B | — | ||
| Q4 24 | $1.4B | — | ||
| Q2 24 | $1.2B | $3.0B | ||
| Q1 24 | $244.7M | — | ||
| Q3 23 | $204.7M | — | ||
| Q2 23 | $202.5M | $2.5B | ||
| Q4 22 | $190.1M | — |
| Q2 25 | 0.35× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q3 23 | — | — | ||
| Q2 23 | — | 0.09× | ||
| Q4 22 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IMMR
| Course Material Sale | $150.9M | 40% |
| General Merchandise Sale | $138.0M | 37% |
| Rental Services | $51.8M | 14% |
| Services And Other Revenue | $25.6M | 7% |
| Per Unit Royalties | $1.8M | 0% |
TSEM
Segment breakdown not available.
