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TTM Technologies TTMI Restructuring Charges

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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$11.99B+176%
Enterprise value$12.63B+158%
P/E61.4×+14.8×
P/S3.9×+2.2×

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:RestructuringCharges.

The source filing: TTM Technologies’s 10-Q, filed May 1, 2026.

Filed
May 1, 2026, 4:05 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-201403
Line itemFor the Quarter Ended / March 30, 2026For the Quarter Ended / March 31, 2025
General and administrative68,74543,774
Research and development7,8088,064
Amortization of definite-lived intangibles6,8896,889
Restructuring charges296714
Total operating expenses108,73280,712
Operating income72,44950,260
Other (expense) income:
Interest expense(10,600)(11,464)

Item 1. Financial Statements (unaudited)

FAQ

What is TTM Technologies's restructuring charges?
TTM Technologies (TTMI) reported restructuring charges of $296K in Q1 2026.
How has TTM Technologies's restructuring charges changed year-over-year?
TTM Technologies's restructuring charges decreased by 58.5% year-over-year, from $714K to $296K.
What is the long-term trend for TTM Technologies's restructuring charges?
Over 4 years (2021 to 2025), TTM Technologies's restructuring charges has grown at a -9.5% compound annual growth rate (CAGR), from $4.25M to $2.85M.
What does restructuring charges mean?
One-time costs from reorganizing operations, including employee severance, facility closure costs, contract termination fees, and asset relocation expenses.

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