Filing Flows › TTM Technologies (TTMI) › Q3 2026 › vs Q3 2025
TTM Technologies (TTMI) Q3 2026 vs Q3 2025 (year over year)
TTM Technologies's revenue rose $451M (+60%) from $753M in Q3 2025 to $1.2B in Q3 2026. The biggest changes: Data Center and Networking +$267M (+115%); Medical Industrial Instrumentation +$105M (+97%); Aerospace and Defense Components +$71.0M (+21%). Gross margin 24.2% against 20.8% (+3.4 pts).
TTM Technologies, Q3 2026: revenue $1.2B (+60% year over year), operating margin 13.5%, net earnings $84.8M, operating cash flow $155M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 24.2% | 20.8% | +3.4 pts |
| Operating margin | 13.5% | 9.6% | +3.9 pts |
| Net margin | 7.0% | 7.0% | -0.0 pts |
| Free cash flow margin | 6.2% | 5.7% | +0.6 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Data Center and Networking | $498M | $231M | $267M | +115% |
| Aerospace and Defense Components | $405M | $334M | $71.0M | +21% |
| Medical Industrial Instrumentation | $213M | $108M | $105M | +97% |
| Automotive Components | $88.0M | $79.4M | $8.7M | +11% |
| Revenue | $1.2B | $753M | $451M | +60% |
| Gross profit | $292M | $157M | $135M | +86% |
| Cost of revenue | $912M | $596M | $316M | +53% |
| Operating profit | $162M | $71.9M | $90.3M | +126% |
| Operating expenses | $130M | $84.8M | $44.8M | +53% |
| Pre-tax earnings | $142M | $61.8M | $79.9M | +129% |
| Other expense, net | $20.6M | $10.1M | $10.5M | +104% |
| Research & development | $9.6M | $7.0M | $2.6M | +37% |
| Sales & marketing | $25.1M | $21.8M | $3.3M | +15% |
| General & admin | $87.6M | $48.6M | $39.0M | +80% |
| Other operating costs | $7.3M | $7.4M | −$129K | -2% |
| Net earnings | $84.8M | $53.1M | $31.7M | +60% |
| Income tax | $56.9M | $8.8M | $48.1M | +550% |
| Depreciation & amortization | $43.5M | $36.8M | $6.7M | +18% |
| Share-based compensation | $24.1M | $11.6M | $12.5M | +107% |
| Working capital & other | $2.3M | $40.3M | −$38.0M | -94% |
| Operating cash flow | $155M | $142M | $12.9M | +9% |
| Free cash flow (company-reported) | $74.8M | $42.6M | $32.2M | +76% |
| Capital expenditures, net | $79.9M | $99.2M | −$19.3M | -19% |
Questions
How much did TTM Technologies's revenue grow year over year in Q3 2026?
TTM Technologies's revenue rose $451M (+60%) from $753M in Q3 2025 to $1.2B in Q3 2026.
What drove TTM Technologies's revenue change in Q3 2026?
Data Center and Networking +$267M (+115%); Medical Industrial Instrumentation +$105M (+97%); Aerospace and Defense Components +$71.0M (+21%).