Quarterly ResultAug 6, 2026, 04:09 PM
TTM Technologies Q2 Sales $1.0B, EPS $0.99; FY26 Sales Outlook $4.4B
AI Summary
TTM Technologies reported record second-quarter 2026 results, with net sales reaching an all-time high of $1.0 billion, a 37% increase year-on-year, and non-GAAP EPS of $0.99, up 71% year-on-year. The company also raised its full-year 2026 guidance, now expecting sales of approximately $4.4 billion and non-GAAP EPS approaching $5 per diluted share. This strong performance was driven by robust demand in Data Center and Networking, Medical, Industrial & Instrumentation, and Aerospace & Defense end markets. Additionally, TTM announced the pending acquisitions of Swiss Technology Group AG and ILFA GmbH, establishing a strategic footprint in Europe.
Key Highlights
- Q2 2026 Net Sales: $1.0 billion, an all-time high (+37% YoY).
- Q2 2026 Non-GAAP EPS: $0.99 per diluted share, an all-time high (+71% YoY).
- Q2 2026 Adjusted EBITDA Margin: 16.6% (+160 bps YoY).
- Full-year 2026 Sales Outlook: ~$4.4 billion (raised).
- Full-year 2026 Non-GAAP EPS Outlook: ~$5 per diluted share (raised).
- Acquisition of Swiss Technology Group AG and ILFA GmbH in Europe.
- Data Center and Networking sales grew 91% year-on-year.
- Aerospace & Defense sales grew 14% year-on-year; book-to-bill 1.3.
Price Impact
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