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TTM Technologies

TTMINASDAQStock Fundamentals

TTM Technologies is a leading global manufacturer of mission-critical technology products, specializing in advanced interconnect solutions and engineered systems. The company provides a one-stop design, engineering, and manufacturing solution for complex electronic components, including printed circuit boards (PCBs), RF components, and integrated radar systems. Its value proposition centers on reducing time-to-market for customers through specialized facilities and advanced technical expertise.

Market Cap$19.5B
Revenue TTM$3.1B
Net Income TTM$195.3M
P/E Ratio99.88
Net Margin6.29%
EPS TTM$1.84
Free Cash Flow TTM-$123.2M
Employees15.8K
CEOEdwin Roks
CountryUnited States of America
Technology
Hardware, Equipment & Parts
SegmentsElectronic Components, Aerospace & Defense, Semiconductors
Business ModelsDesign-to-specification manufacturing, Build-to-print manufacturing, Quick-turnaround (QTA) services
Most Recent EarningsApr 29, 2026 · 1 month 1 day agoQ1 2026
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Next EarningsJul 29, 2026 · in 2 monthsAfter Market Close · Q3 2025

Financials

Based on Q1 2026 filing

Gross Margin21.0%
Op. Margin9.24%
ROE11.4%
D/E57.1%
Current Ratio1.88
Total Debt$1.0B
Cash$410.0M
CapEx TTM$336.1M

Gross Profit

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Net Income

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Operating Cash Flow

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Free Cash Flow

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EPS (Diluted)

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Business Segments

A&D (Aerospace & Defense)

primary

Focuses on high-reliability systems and subsystems for defense and aerospace applications, including radar, surveillance, and communication systems. This segment operates primarily through domestic fabrication plants to meet stringent security and regulatory requirements.

Products

AN/APS-153 multi-mode radar, MOSAIC AESA radar, IFF (Identification Friend or Foe) systems, Monopulse Secondary Surveillance Radars (MSSR), Air Traffic Control (ATC) systems

Customers

Government agencies, Tier one defense subcontractors, Aerospace manufacturers

Commercial

major

Provides technologically advanced interconnect products such as high-density interconnect (HDI) PCBs and substrate-like PCBs (SLPs) for high-volume commercial markets. Operations are spread across North America and Asia to support global supply chains.

Products

HDI PCBs, Substrate-like PCBs (SLPs), Flexible PCBs, Rigid-flex PCBs, IC substrates

Customers

Original Equipment Manufacturers (OEMs), Electronic Manufacturing Services (EMS) providers, Original Design Manufacturers (ODMs)

RF&S Components

moderate

Specializes in the design and manufacture of radio frequency (RF) components and microwave assemblies for signal conditioning and wireless applications. These products support 5G infrastructure, satellite communications, and automotive electronics.

Products

Passive RF Components, Advanced Ceramic RF Components, Hi-Reliability Multi-Chip Modules, Beamforming and Switching Networks, Custom Designed ASICs

Customers

Telecommunications providers, Automotive manufacturers, Medical device companies, Industrial robotics firms

Segment Financials

Aerospace And Defense — Revenue

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Aerospace And Defense Components — Revenue

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Aerospace And Defense — Inter Segment Sales

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Data Center And Networking — Revenue

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Commercial — Inter Segment Sales

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Business Overview

Competitive Position

A leading global manufacturer with a dominant position in the North American aerospace and defense PCB market and a significant footprint in advanced commercial interconnect technologies.

Geographies

North America, China, Malaysia, Canada

Customer Segments

Defense and Government, Automotive, Data Center Computing, Medical and Industrial

Upstream Dependencies

Copper clad laminates, Chemical solutions (gold, copper), Carbide drill bits, Integrated circuits, Ceramic and ferrite substrates

Downstream Customers

U.S. Department of Defense, Commercial airlines, Cloud data center operators, Automotive Tier 1 suppliers, Medical robotics manufacturers

Competitors & Partners

Partners

U

U.S. Navy

Sole provider of specific radar and communication suites for the MH-60R/S helicopter programs

F

Federal Aviation Administration

Customer and regulatory partner for air traffic control and surveillance systems

N

NATO

International defense agency utilizing surveillance solutions

Subsidiaries

A

Anaren, Inc.

Acquired entity providing RF and microwave components and assemblies

T

Telephonics

Acquired entity specializing in integrated systems and radar technology

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TTM Technologies FAQ

Common questions about TTM Technologies

TTM Technologies is a leading global manufacturer of mission-critical technology products, specializing in advanced interconnect solutions and engineered systems. The company provides a one-stop design, engineering, and manufacturing solution for complex electronic components, including printed circuit boards (PCBs), RF components, and integrated radar systems. Its value proposition centers on reducing time-to-market for customers through specialized facilities and advanced technical expertise.

TTM Technologies (TTMI) has a market capitalization of $19.5B and trades on NASDAQ.

TTM Technologies generated $3.1B in trailing twelve-month revenue with net income of $195.3M, representing a net margin of 6.3%. Gross margin stands at 21.0%, with free cash flow of -$123.2M. These figures are based on the Q1 2026 filing.

TTM Technologies's key competitors include Curtiss-Wright Corporation, Sanmina Corporation, Qorvo, Inc., and others. These companies compete in similar markets and product categories.

TTM Technologies has approximately 15,800 employees.