TTM TECHNOLOGIES INCTTMIEarnings & Financial Report
TTM Technologies, Inc. is an American printed circuit board (PCB) manufacturer headquartered in Santa Ana, California. Founded in 1998, the company is one of the top five PCB manufacturers in the world and the largest in North America, and the largest supplier of PCBs to the U.S. military. TTM serves customers in industries including aerospace and defense, medical, industrial, automotive, computing, and networking.
Revenue
$616.5M
Gross Profit
$129.9M
Operating Profit
$51.0M
Net Profit
$14.3M
Gross Margin
21.1%
Operating Margin
8.3%
Net Margin
2.3%
YoY Growth
12.8%
EPS
$0.14
TTM TECHNOLOGIES INC Q3 FY2024 Financial Summary
TTM TECHNOLOGIES INC reported revenue of $616.5M (up 12.8% YoY) for Q3 FY2024, with a net profit of $14.3M (up 109.7% YoY) (2.3% margin). Cost of goods sold was $486.6M, operating expenses totaled $78.9M.
Key Financial Metrics
| Total Revenue | $616.5M |
|---|---|
| Net Profit | $14.3M |
| Gross Margin | 21.1% |
| Operating Margin | 8.3% |
| Report Period | Q3 FY2024 |
Revenue Breakdown
TTM TECHNOLOGIES INC Q3 FY2024 revenue of $616.5M breaks down across 6 segments, led by Other Than United States And Taiwan at $236.4M (38.3% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Other Than United States And Taiwan | $236.4M | 38.3% |
| Data Center Computing | $119.3M | 19.3% |
| Medical Industrial Instrumentation | $86.2M | 14.0% |
| Automotive Components | $85.0M | 13.8% |
| TW | $63.6M | 10.3% |
| Networking Communication | $32.0M | 5.2% |
TTM TECHNOLOGIES INC Revenue by Segment — Quarterly Trend
TTM TECHNOLOGIES INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Other Than United States And Taiwan and Data Center Computing) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Data Center Computing | $221.6M | $175.3M | $148.2M | $137.2M |
| Medical Industrial Instrumentation | $105.0M | $107.3M | $110.6M | $82.3M |
| Automotive Components | $69.7M | $79.4M | $81.4M | $71.7M |
TTM TECHNOLOGIES INC Annual Revenue by Year
TTM TECHNOLOGIES INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.9B).
| Year | Annual Revenue |
|---|---|
| 2025 | $2.9B |
| 2023 | $2.2B |
| 2022 | $2.5B |
TTM TECHNOLOGIES INC Quarterly Revenue & Net Profit History
TTM TECHNOLOGIES INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $774.3M | +18.9% | $50.7M | 6.5% |
| Q3 FY2025 | $752.7M | +22.1% | $53.1M | 7.0% |
| Q2 FY2025 | $730.6M | +28.2% | $41.5M | 5.7% |
| Q1 FY2025 | $648.7M | +14.0% | $32.2M | 5.0% |
| Q4 FY2024 | $651.0M | +13.7% | $5.2M | 0.8% |
| Q3 FY2024 | $616.5M | +12.8% | $14.3M | 2.3% |
| Q1 FY2024 | $570.1M | +4.7% | $10.5M | 1.8% |
| Q4 FY2023 | $569.0M | -7.8% | $17.3M | 3.0% |
Income Statement
| Q4 2023 | Q1 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $569.0M | $570.1M | $616.5M | $651.0M | $648.7M | $730.6M | $752.7M | $774.3M |
| YoY Growth | -7.8% | 4.7% | 12.8% | 13.7% | 14.0% | 28.2% | 22.1% | 18.9% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $3.32B | $3.30B | $3.42B | $3.47B | $3.45B | $3.58B | $3.72B | $3.84B |
| Liabilities | $1.81B | $1.78B | $1.87B | $1.91B | $1.87B | $1.94B | $2.02B | $2.08B |
| Equity | $1.51B | $1.52B | $1.55B | $1.56B | $1.59B | $1.64B | $1.70B | $1.76B |
Cash Flow
| Q4 2023 | Q1 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $47.5M | $43.9M | $65.1M | $-10.7M | $97.8M | $141.8M | $62.9M |