Quarterly ResultAug 5, 2026, 04:21 PM
TTM Technologies Q2 Net Sales +37.4% to $1.004B; EPS $0.80
AI Summary
TTM Technologies Inc. reported strong financial results for the second quarter and first half of 2026. Net sales for Q2 2026 increased by 37.4% year-over-year to $1.004 billion, while net income doubled to $83.0 million, leading to a basic EPS of $0.80. The company also announced a strategic realignment of its RF&S Components business into the A&D segment, resulting in two primary reportable segments: A&D and Commercial. Additionally, TTM Technologies entered into a deal-contingent cross-currency swap in connection with a proposed acquisition.
Key Highlights
- Net sales for Q2 2026 increased to $1.004 billion from $730.6 million in Q2 2025, a 37.4% increase.
- Net income for Q2 2026 rose to $83.0 million from $41.5 million in Q2 2025, a 100% increase.
- Basic EPS for Q2 2026 was $0.80, up from $0.41 in Q2 2025.
- Operating income for Q2 2026 grew to $109.1 million from $61.8 million in Q2 2025.
- Aerospace and Defense (A&D) segment net sales for Q2 2026 were $371.2 million, up from $325.1 million in Q2 2025.
- Commercial segment net sales for Q2 2026 were $621.4 million, up from $395.5 million in Q2 2025.
- Net cash provided by operating activities for the two quarters ended June 29, 2026, was $118.2 million, up from $87.1 million in the prior year.
- The company strategically realigned RF&S Components within the A&D sector, resulting in two reportable segments: A&D and Commercial.
Price Impact
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