Depreciation
TTM Technologies Depreciation increased by 4.1% to $29.29M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.0%, from $26.86M to $29.29M. Over 3 years (FY 2022 to FY 2025), Depreciation shows an upward trend with a 6.5% CAGR.
Analysis
How to read this metric
Higher depreciation relative to capital expenditures may suggest aging assets, while lower levels relative to revenue may indicate high asset efficiency.
Detailed definition
Depreciation is a non-cash accounting charge that allocates the cost of tangible assets over their useful lives. It refl...
Peer comparison
Standardized for capital-intensive industries; peers in manufacturing typically show significant depreciation expenses.
operating_depreciationHistorical Data
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $22.82M | $22.82M | $22.82M | $22.82M | $25.25M | $24.94M | $23.87M | $25.10M | $24.70M | $26.18M | $27.83M | $26.52M | $26.86M | $27.69M | $27.58M | $28.14M | $29.29M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +10.7% | -1.3% | -4.3% | +5.1% | -1.6% | +6.0% | +6.3% | -4.7% | +1.3% | +3.1% | -0.4% | +2.0% | +4.1% |
| YoY Change | — | — | — | — | +10.7% | +9.3% | +4.6% | +10.0% | -2.2% | +5.0% | +16.6% | +5.7% | +8.8% | +5.8% | -0.9% | +6.1% | +9.0% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Commercial | — | — | — | — | $16.96M | $17.54M | $18.02M | $18.15M |
| Aerospace And Defense | — | — | — | — | $8.94M | $7.99M | $8.05M | $9.44M |
| Printed Circuit Board | — | — | — | $24.69M | — | — | — | — |
| Radio Frequency And Specialty Components | $419.00K | $404.00K | $403.00K | $423.00K | $443.00K | $453.00K | $446.00K | — |
| Total | $26.18M | $27.83M | $26.52M | $26.86M | $27.69M | $27.58M | $28.14M | $29.29M |
Printed Circuit Board, Radio Frequency And Specialty Components were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Depreciation at Other Companies
Frequently Asked Questions
- What is TTM Technologies's depreciation?
- TTM Technologies (TTMI) reported depreciation of $29.29M in Q1 2026.
- How has TTM Technologies's depreciation changed year-over-year?
- TTM Technologies's depreciation increased by 9.0% year-over-year, from $26.86M to $29.29M.
- What is the long-term trend for TTM Technologies's depreciation?
- Over 3 years (2022 to 2025), TTM Technologies's depreciation has grown at a 6.5% compound annual growth rate (CAGR), from $91.28M to $110.27M.
- What does depreciation mean?
- The systematic reduction in the recorded value of physical assets over time.