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TTM Technologies (TTMI) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 5, 2026

TTM Technologies (TTMI) reported revenue of $1.0B for the second quarter 2026 (Q2 2026), +37% from a year earlier and +19% from the quarter before. Operating margin was 10.9%, net earnings $83.0M (8.3% of revenue).

Revenue$1.0B
Year over year+37%
Quarter over quarter+19%
Operating margin10.9%
Net earnings$83.0M

TTM Technologies, Q2 2026: revenue $1.0B (+37% year over year), operating margin 10.9%, net earnings $83.0M, operating cash flow $96.4M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$1.0B+19%+37%
Gross profit$212M+17%+43%
Operating profit$109M+51%+77%
Net earnings$83.0M+66%+100%
Operating cash flow$96.4M+343%-1%
Free cash flow$34.1M—-9%

What changed

Revenue was $1.0B in Q2 2026, up 37% year over year and up 19% from the previous quarter. Data Center and Networking was the largest line at 40% of revenue. Data Center and Networking added $0.19B year over year (up 91%), 71% of the total change. Automotive Components declined 2%.

Gross margin was 21.1%, up 0.8 points from Q2 2025. Operating profit was $0.11B, a 10.9% margin (up 2.4 points year over year). Of the extra revenue versus Q2 2025, 17% reached operating profit, above the 8% margin then. Operating expenses grew 19% against revenue growth of 37%. The fastest-growing cost line was General & admin (+25%). Net earnings were $0.08B, up 100% year over year. The effective tax rate was -2.2%.

Operating cash flow was $0.10B (down 1% year over year), 116% of net earnings. Non-cash charges added back $0.04B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.04B. Capital expenditures of $0.06B left free cash flow of $0.03B.

Questions

What was TTM Technologies' revenue in the second quarter 2026?

TTM Technologies (TTMI) reported revenue of $1.0B for the second quarter 2026 (Q2 2026), +37% from a year earlier and +19% from the quarter before.

Was TTM Technologies profitable in the second quarter 2026?

Operating profit was $109M (10.9% of revenue) and net earnings $83.0M.

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Source: TTM Technologies 10-Q on SEC EDGAR.