Operating Expenses

R&D

TTM Technologies R&D increased by 13.5% to $7.81M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.2%, from $8.06M to $7.81M. Over 4 years (FY 2021 to FY 2025), R&D shows an upward trend with a 12.4% CAGR.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2018
Last reportedQ1 2026May 1, 2026

How to read this metric

Higher spending signals a commitment to innovation and future product launches, whereas significant cuts may indicate a shift toward short-term profitability.

Detailed definition

Research and development expenses represent the costs incurred to discover new products, improve existing technologies,...

Peer comparison

Highly comparable across pharmaceutical and medical device peers, where R&D intensity is a key metric for long-term valuation.

Metric ID: research_and_development

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$4.18M$4.42M$5.07M$5.56M$5.23M$7.32M$6.70M$7.09M$6.42M$6.17M$7.59M$7.32M$8.55M$8.05M$7.92M$8.06M$7.01M$7.04M$6.88M$7.81M
QoQ Change+5.8%+14.7%+9.5%-5.8%+39.9%-8.5%+5.8%-9.3%-3.9%+23.0%-3.5%+16.7%-5.8%-1.6%+1.8%-13.1%+0.4%-2.2%+13.5%
YoY Change+25.1%+65.5%+32.1%+27.5%+22.8%-15.7%+13.3%+3.3%+33.0%+30.5%+4.4%+10.1%-18.0%-12.6%-13.2%-3.2%
Range$4.18M$8.55M
CAGR+14.0%
Avg YoY Growth+12.8%
Median YoY Growth+11.7%

Frequently Asked Questions

What is TTM Technologies's r&d?
TTM Technologies (TTMI) reported r&d of $7.81M in Q1 2026.
How has TTM Technologies's r&d changed year-over-year?
TTM Technologies's r&d decreased by 3.2% year-over-year, from $8.06M to $7.81M.
What is the long-term trend for TTM Technologies's r&d?
Over 4 years (2021 to 2025), TTM Technologies's r&d has grown at a 12.4% compound annual growth rate (CAGR), from $18.15M to $28.99M.
What does r&d mean?
The money spent on creating new products or improving existing ones to drive future growth.