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TTM Technologies (TTMI) Q3 2026 earnings results (third quarter 2026)

10-Q filed Oct 28, 2026

TTM Technologies (TTMI) reported revenue of $1.2B for the third quarter 2026 (Q3 2026), +60% from a year earlier and +20% from the quarter before. Operating margin was 13.5%, net earnings $84.8M (7.0% of revenue).

Revenue$1.2B
Year over year+60%
Quarter over quarter+20%
Operating margin13.5%
Net earnings$84.8M

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 follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$1.2B+20%+60%
Gross profit$292M+38%+86%
Operating profit$162M+49%+126%
Net earnings$84.8M+2%+60%
Operating cash flow$155M+60%+9%
Free cash flow$74.8M—+76%

What changed

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.

Questions

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

TTM Technologies (TTMI) reported revenue of $1.2B for the third quarter 2026 (Q3 2026), +60% from a year earlier and +20% from the quarter before.

Was TTM Technologies profitable in the third quarter 2026?

Operating profit was $162M (13.5% of revenue) and net earnings $84.8M.

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Source: TTM Technologies 10-Q on SEC EDGAR.