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.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

TTM Technologies TTMI R&D

R&D at other companies

Advanced Micro DevicesAMD

$2.4B+38.7%

Curtiss-WrightCW

$24.18M+5.1%

Microchip TechnologyMCHP

$293.8M+15.1%

Sanmina CorpSANM

$7.99M+9.2%

Mercury SystemsMRCY

$15.01M-6.1%

QorvoQRVO

$170.39M-5.3%

Other financials

Income statement

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Revenue$846.0M+30.4%

Gross profit$181.2M+38.3%

Operating income$72.4M+44.1%

Net income$50.0M+55.3%

EPS (diluted)$0.47+51.6%

Balance sheet

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Cash & equivalents$410.0M-0.3%

Total debt$1.0B+2.9%

Total equity$1.8B+15.8%

Total assets$4.0B+15.2%

Cash flow

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Operating cash flow$21.7M+304%

CapEx$106.8M+68.7%

Free cash flow-$85.1M-15.0%

Valuation

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Market cap$15.03B+218%

Enterprise value$15.67B+196%

P/E77×+26.3×

P/S4.8×+3.1×

Profitability

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Gross margin21%+1.0pp

Operating margin9.2%+3.3pp

Net margin6.3%+3.2pp

FCF margin-0.7%—

Returns & leverage

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Return on equity11.4%+6.4pp

Debt / equity0.6×-0.1×

Current ratio1.9×-0.2×

Where this comes from

Reported directly by TTM Technologies in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: TTM Technologies’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

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?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.