Friday 6 November 2026 Export TTMI’s income statement to Excel — free account

TTM Technologies, Inc.

TTM Technologies, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.9 billion, up 19.0% from fiscal 2024.

Revenue: +59.9%
EPS: +56.9%
Free cash flow: +75.7%
Total debt: +79.3%

Quarter to September 2026, against a year earlier

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64.58 2.36 +3.79%

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Market cap: $6.6B
P/E: 24.7×
Fwd P/E: 23.2×
Dividend yield: —
F-score: 7/9
Altman Z: 3.68
Beneish M: −2.44
Dividend safety: n/a

Overview Business Profile Earnings & Analysis Segments Valuation Filings

TTM Technologies, Inc. (TTMI) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
Total Industry	2,918	100.41%
Gross margin		20.70%
Operating margin		9.11%
Pre-tax margin		7.24%

Revenue by product or service $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Aerospace and Defense	1,282 44.09%	1,131 46.29%	1,031 46.16%	862 34.56%	728 32.37%	746 35.43%	698 32.70%	608 27.15%	420 15.79%	381 15.05%
Data Center Computing	683 23.51%	501 20.53%	313 14.04%	378 15.16%	324 14.41%	259 12.30%	237 11.13%	283 12.65%	357 13.43%	315 12.43%
Medical, Industrial, and Instrumentation	409 14.09%	335 13.72%	361 16.16%	492 19.71%	421 18.74%	388 18.41%	365 17.11%	387 17.30%	368 13.86%	367 14.47%
Automotive	302 10.40%	315 12.90%	351 15.74%	428 17.15%	411 18.26%	319 15.15%	404 18.94%	475 21.25%	511 19.23%	494 19.50%
Networking	230 7.91%	160 6.56%	176 7.90%	331 13.28%	347 15.41%	371 17.60%	391 18.33%	460 20.56%	479 18.01%	572 22.58%
Other	—	—	—	3 0.14%	18 0.80%	22 1.04%	37 1.72%	24 1.09%	40 1.49%	44 1.72%
Cellular Phone	—	—	—	—	—	1 0.06%	1 0.06%	—	484 18.20%	361 14.24%
Revenue	2,906	2,443	2,233	2,495	2,249	2,105	2,133	2,238	2,659	2,533

Revenue by segment $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Total Industry	2,918 100.41%	2,453 100.42%	2,249 100.75%	—	—	—	—	—	—	—
Printed Circuit Board	—	—	—	2,438 97.71%	2,187 97.25%	1,981 94.09%	1,910 89.52%	1,959 87.55%	2,449 92.10%	2,335 92.17%
Other	—	—	—	—	3 0.14%	80 3.79%	161 7.56%	—	—	—
Electronic Manufacturing Solutions	—	—	—	—	—	—	—	226 10.10%	210 7.90%	198 7.83%
Also reported: a second breakdown of the same revenue
Commercial	1,585 54.53%	1,275 52.19%	1,164 52.12%	—	—	—	—	—	—	—
Aerospace and Defense	1,282 44.09%	1,131 46.29%	1,030 46.16%	—	—	—	—	—	—	—
RF&S Components	40 1.37%	37 1.52%	39 1.73%	57 2.29%	59 2.61%	45 2.12%	62 2.92%	53 2.36%	—	—
Revenue	2,906	2,443	2,233	2,495	2,249	2,105	2,133	2,238	2,659	2,533

Operating income by segment $m, and margin

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Total Industry	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Commercial	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Aerospace and Defense	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
RF&S Components	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Printed Circuit Board	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Electronic Manufacturing Solutions	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Corporate and other	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Operating income	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡

Revenue by region $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
United States	1,554 53.48%	1,232 50.45%	1,263 56.57%	1,224 49.07%	1,050 46.67%	1,086 51.60%	1,119 52.44%	977 43.67%	851 31.99%	1,119 44.17%
Other	1,095 37.68%	936 38.32%	792 35.50%	1,143 45.81%	—	—	—	—	—	—
Taiwan	257 8.84%	274 11.23%	177 7.93%	128 5.12%	—	—	—	—	—	—
Other Than United States And China	—	—	—	—	800 35.57%	684 32.51%	673 31.53%	906 40.47%	851 32.00%	767 30.29%
China	—	—	—	—	399 17.76%	334 15.89%	342 16.02%	355 15.86%	957 36.01%	647 25.53%
Revenue	2,906	2,443	2,233	2,495	2,249	2,105	2,133	2,238	2,659	2,533

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
A&D program backlog	Q3 FY2026	$2.0B	—	—
Book to bill	Q3 FY2026	2.1×	—	—

	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024
A&D program backlog	‡	‡	‡	‡	‡	‡	‡
Book to bill	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡
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	‡	‡	‡	‡	‡	‡	‡
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	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.