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TTM Technologies (TTMI) earnings and revenue breakdown

Latest: Q3 2026 · 10-Q filed Oct 28, 2026 · TTM Technologies (TTMI) Q3 2026 earnings results →

Q3 2026 Revenue up 60% year over year to $1.2B · 7¢ of every $1 of revenue kept as net profit · operating margin 13.5%

TTM Technologies made $1.2B in Q3 2026 (+60% Y/Y): Data Center and Networking $498M, Aerospace and Defense Components $405M, Medical Industrial Instrumentation $213M. Operating margin 13.5%, net earnings $84.8M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Oct 28, 2026.

Revenue$1.2B

Year over year+60%

Operating margin13.5%

Net earnings$84.8M

Operating cash flow$155M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $1.2B in Q3 2026, up 60% year over year and up 20% from the previous quarter. Data Center and Networking was the largest line at 41% of revenue. Data Center and Networking added $0.27B year over year (up 115%), 59% of the total change.

Gross margin was 24.2%, up 3.4 points from Q3 2025. Operating profit was $0.16B, a 13.5% margin (up 3.9 points year over year). Of the extra revenue versus Q3 2025, 20% reached operating profit, above the 10% margin then. Operating expenses grew 53% against revenue growth of 60%. The fastest-growing cost line was General & admin (+80%). Net earnings were $0.08B, up 60% year over year. The effective tax rate was 40.2%.

Operating cash flow was $0.15B (up 9% year over year), 182% of net earnings. Non-cash charges added back $0.04B of depreciation and amortization and $0.02B of share-based compensation. After capital expenditures, net ($0.08B), free cash flow as the company reports it was $0.07B.

Quarterly history

Quarter	Form	Filed	Revenue	Y/Y	Op. margin	Net earnings	Op. cash flow
Q3 2026	10-Q	Oct 28, 2026	$1.2B	+60%	13.5%	$84.8M	$155M
Q2 2026	10-Q	Aug 5, 2026	$1.0B	+37%	10.9%	$83.0M	$96.4M
Q1 2026	10-Q	May 1, 2026	$846M	+30%	8.6%	$50.0M	$21.7M
Q4 2025	10-K	Feb 17, 2026	$774M	+19%	10.4%	$50.7M	$62.9M
Q3 2025	10-Q	Oct 31, 2025	$753M	+22%	9.6%	$53.1M	$142M
Q2 2025	10-Q	Aug 4, 2025	$731M	+21%	8.5%	$41.5M	$97.8M
Q1 2025	10-Q	May 6, 2025	$649M	+14%	7.7%	$32.2M	−$10.7M

Charts

Latest (Q3 2026): Y/Y +60%, Q/Q +20%.

From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.

Latest (Q3 2026): Net income $84.8M, Operating cash flow $155M.

-0.9% since FY2020: buybacks shrank the count.

Cash $501M, short-term investments —, long-term debt $916M at 2025-12-29.

Printed Circuit Boards; dot size is quarterly revenue; dashed lines are the industry's medians.