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TTM Technologies TTMI Commercial — Operating Expenses

Other segment segments

Aerospace And Defense
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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$14.16B+227%
Enterprise value$14.8B+201%
P/E72.5×+26.0×
P/S4.6×+2.9×

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:OperatingExpenses.

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 commercial — operating expenses?
TTM Technologies (TTMI) reported commercial — operating expenses of $20.14M in Q1 2026.
How has TTM Technologies's commercial — operating expenses changed year-over-year?
TTM Technologies's commercial — operating expenses increased by 0.8% year-over-year, from $19.97M to $20.14M.
What is the long-term trend for TTM Technologies's commercial — operating expenses?
Over 2 years (2023 to 2025), TTM Technologies's commercial — operating expenses has grown at a 9.1% compound annual growth rate (CAGR), from $63.15M to $75.14M.
What does commercial — operating expenses mean?
This represents the indirect costs associated with running the commercial segment, excluding direct production costs. It typically includes research and development, selling, general, and administrative expenses specific to this business unit. It measures the overhead burden required to support the segment's operations.