TTM Technologies, Inc. (TTMI) financial statements: income statement, balance sheet and cash flow
TTM Technologies, Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 29, 2025 · FY), TTM Technologies, Inc. reported revenue of $2.9B (+19.0% year on year) and net income of $177.4M (+215.2% year on year).
Income statement
TTM Technologies, Inc. income statement, fiscal years
Line item
Dec 29, 2025 · FY
Dec 30, 2024 · FY
Jan 1, 2024 · FY
Jan 2, 2023 · FY
Net sales
$2.9B
$2.4B
$2.2B
$2.5B
Cost of goods sold
$2.3B
$2.0B
$1.8B
$2.0B
Gross profit
$601.7M
$477.4M
$413.3M
$458.0M
Selling and marketing
$85.5M
$80.0M
$76.9M
$75.2M
General and administrative
$192.1M
$170.1M
$149.6M
$158.2M
Research and development
$29.0M
$31.8M
$27.3M
$24.8M
Amortization of definite-lived intangibles
$27.6M
$35.5M
$48.7M
$37.1M
Impairment of goodwill
$0
$32.6M
$44.1M
$0
Restructuring charges
$2.8M
$11.2M
$24.4M
$4.1M
Total operating expenses
$337.0M
$361.3M
$371.0M
$247.6M
Operating income
$264.7M
$116.0M
$42.3M
$210.4M
Interest expense
($45.3M)
($47.5M)
($48.1M)
($45.5M)
Loss on extinguishment of debt
$0
$0
($1.2M)
—
Gain on sale of subsidiary
$0
$0
$1.3M
—
Other, net
($9.0M)
$15.4M
$6.0M
$18.0M
Total other expense, net
($54.3M)
($32.1M)
($42.0M)
($27.5M)
Income before income taxes
$210.3M
$83.9M
$297.0K
$182.9M
Income tax provision
($32.9M)
($27.6M)
($19.0M)
($88.3M)
Net income (loss)
$177.4M
$56.3M
($18.7M)
$94.6M
Basic earnings (loss) per share
$1.73
$0.55
-$0.18
$0.93
Diluted earnings (loss) per share
$1.68
$0.54
-$0.18
$0.91
TTM Technologies, Inc. income statement, quarters
Line item
Jun 29, 2026 · Q2
Mar 30, 2026 · Q1
Sep 29, 2025 · Q3
Jun 30, 2025 · Q2
Net sales
$1.0B
$846.0M
$752.7M
$730.6M
Cost of goods sold
$792.2M
$664.8M
$596.0M
$582.5M
Gross profit
$211.9M
$181.2M
$156.7M
$148.1M
Selling and marketing
$25.5M
$25.0M
$21.8M
$21.3M
General and administrative
$62.1M
$68.7M
$48.6M
$49.7M
Research and development
$8.0M
$7.8M
$7.0M
$7.0M
Amortization of definite-lived intangibles
$6.9M
$6.9M
$6.9M
$6.9M
Restructuring charges
$340.0K
$296.0K
$509.0K
$1.4M
Total operating expenses
$102.8M
$108.7M
$84.8M
$86.3M
Operating income
$109.1M
$72.4M
$71.9M
$61.8M
Interest expense
($10.5M)
($10.6M)
($10.4M)
($11.1M)
Loss on extinguishment of debt
($747.0K)
—
—
—
Unrealized loss on derivative instruments
($14.0M)
—
—
—
Other, net
($2.6M)
($3.3M)
$306.0K
($5.1M)
Total other expense, net
($27.8M)
($13.9M)
($10.1M)
($16.2M)
Income before income taxes
$81.2M
$58.5M
$61.8M
$45.5M
Income tax benefit (provision)
$1.8M
($8.5M)
($8.8M)
($4.0M)
Net income
$83.0M
$50.0M
$53.1M
$41.5M
Basic earnings per share
$0.80
$0.48
$0.51
$0.41
Diluted earnings per share
$0.77
$0.47
$0.50
$0.40
Balance sheet
TTM Technologies, Inc. balance sheet, fiscal years
Line item
Dec 29, 2025 · FY
Dec 30, 2024 · FY
Jan 1, 2024 · FY
Jan 2, 2023 · FY
Cash and cash equivalents
$501.2M
$503.9M
$450.2M
$402.7M
Accounts receivable, net
$563.7M
$448.6M
$413.6M
$473.2M
Contract assets
$468.0M
$381.4M
$292.1M
$335.8M
Inventories
$250.1M
$225.0M
$213.1M
$170.6M
Prepaid expenses and other current assets
$72.4M
$47.8M
$54.1M
$41.4M
Total current assets
$1.9B
$1.6B
$1.4B
$1.5B
Property, plant, and equipment, net
$1.0B
$870.0M
$807.7M
$724.2M
Operating lease right-of-use assets
$80.9M
$78.3M
$86.3M
$18.9M
Goodwill
$670.1M
$670.1M
$702.7M
$760.4M
Definite-lived intangibles, net
$154.9M
$191.8M
$236.7M
$288.0M
Deposits and other non-current assets
$68.2M
$55.6M
$60.6M
$39.0M
Total assets
$3.8B
$3.5B
$3.3B
$3.3B
Short-term debt, including current portion of long-term debt
$3.8M
$3.8M
$3.5M
$50.0M
Accounts payable
$543.5M
$406.2M
$334.6M
$361.8M
Contract liabilities
$175.6M
$170.9M
$126.5M
$104.0M
Accrued salaries, wages, and benefits
$133.0M
$108.1M
$98.6M
$115.5M
Other current liabilities
$106.3M
$120.0M
$140.8M
$130.0M
Total current liabilities
$962.2M
$809.1M
$704.0M
$761.3M
Long-term debt, net of discount and issuance costs
$912.3M
$914.4M
$914.3M
$879.4M
Operating lease liabilities
$87.5M
$77.5M
$80.8M
$12.2M
Other long-term liabilities
$116.0M
$107.7M
$113.5M
$135.0M
Total long-term liabilities
$1.1B
$1.1B
$1.1B
$1.0B
Common stock, $0.001 par value; 300,000 shares authorized; 115,197 and 113,161 shares issued as of December 29, 2025 and December 30, 2024, respectively; 103,379 and 101,997 shares outstanding as of December 29, 2025 and December 30, 2024, respectively
115.0K
113.0K
111.0K
110.0K
Treasury stock - common stock at cost; 11,818 and 11,164 shares as of December 29, 2025 and December 30, 2024, respectively
-174.7M
-157.6M
-123.1M
-98.7M
Additional paid-in capital
$951.9M
$910.7M
$881.0M
$858.1M
Retained earnings
$1.0B
$838.4M
$782.1M
$800.8M
Accumulated other comprehensive loss
($30.9M)
($27.9M)
($29.1M)
($24.8M)
Total stockholders’ equity
$1.8B
$1.6B
$1.5B
$1.5B
Total liabilities and stockholders' equity
$3.8B
$3.5B
$3.3B
$3.3B
TTM Technologies, Inc. balance sheet, quarters
Line item
Jun 29, 2026
Mar 30, 2026
Sep 29, 2025
Jun 30, 2025
Cash and cash equivalents
$507.9M
$410.0M
$491.1M
$448.0M
Accounts receivable, net
$720.1M
$618.1M
$500.1M
$495.4M
Contract assets
$596.0M
$513.0M
$447.0M
$425.0M
Inventories
$308.0M
$280.2M
$253.7M
$250.3M
Prepaid expenses and other current assets
$117.8M
$92.4M
$63.7M
$57.8M
Total current assets
$2.2B
$1.9B
$1.8B
$1.7B
Property, plant, and equipment, net
$1.2B
$1.1B
$992.2M
$919.2M
Operating lease right-of-use assets
$98.8M
$101.3M
$80.9M
$82.8M
Goodwill
$670.1M
$670.1M
$670.1M
$670.1M
Definite-lived intangibles, net
$136.5M
$145.7M
$164.1M
$173.4M
Deposits and other non-current assets
$72.6M
$82.8M
$57.5M
$56.0M
Total assets
$4.4B
$4.0B
$3.7B
$3.6B
Short-term debt, including current portion of long-term debt
$4.0M
$3.9M
$3.8M
$3.8M
Accounts payable
$813.0M
$607.9M
$506.4M
$448.1M
Contract liabilities
$186.8M
$174.5M
$149.4M
$162.1M
Accrued salaries, wages, and benefits
$121.0M
$115.9M
$131.1M
$101.9M
Other current liabilities
$139.2M
$113.4M
$114.5M
$111.8M
Total current liabilities
$1.3B
$1.0B
$905.2M
$827.8M
Long-term debt, net of discount and issuance costs
$969.5M
$911.8M
$912.8M
$913.3M
Operating lease liabilities
$104.5M
$107.8M
$84.5M
$86.0M
Other long-term liabilities
$143.3M
$108.2M
$116.5M
$114.0M
Total long-term liabilities
$1.2B
$1.1B
$1.1B
$1.1B
Common stock, $ 0.001 par value; 300,000 shares authorized, 115,197 shares issued as of June 29, 2026 and December 29, 2025; 105,343 and 103,379 shares outstanding as of June 29, 2026 and December 29, 2025, respectively
115.0K
115.0K
115.0K
115.0K
Treasury stock - common stock at cost; 9854 and 11,818 shares as of June 29, 2026 and December 29, 2025, respectively
-147.0M
-168.0M
-175.4M
-175.4M
Additional paid-in capital
$961.9M
$969.5M
$940.3M
$928.7M
Retained earnings
$1.1B
$1.1B
$965.2M
$912.1M
Accumulated other comprehensive loss
($29.4M)
($29.9M)
($28.7M)
($28.6M)
Total stockholders’ equity
$1.9B
$1.8B
$1.7B
$1.6B
Total liabilities and stockholders' equity
$4.4B
$4.0B
$3.7B
$3.6B
Cash flow statement
TTM Technologies, Inc. cash flow statement, fiscal years
Line item
Dec 29, 2025 · FY
Dec 30, 2024 · FY
Jan 1, 2024 · FY
Jan 2, 2023 · FY
Net income (loss)
$177.4M
$56.3M
($18.7M)
$94.6M
Depreciation of property, plant, and equipment
$110.3M
$105.2M
$99.2M
$91.3M
Amortization of definite-lived intangible assets
$36.9M
$44.9M
$61.6M
$42.6M
Amortization of debt discount and issuance costs
$2.2M
$2.0M
$2.2M
$2.2M
Loss on extinguishment of debt
$0
$0
$1.2M
—
Deferred income taxes
$3.3M
($1.7M)
($11.3M)
$61.3M
Stock-based compensation
$41.7M
$29.8M
$22.9M
$19.5M
Impairment of goodwill
$0
$32.6M
$44.1M
$0
Gain on sale of subsidiary
$0
$0
($1.3M)
—
Other
$5.4M
($1.9M)
($516.0K)
($5.2M)
Accounts receivable, net
($115.1M)
($35.1M)
$49.9M
($35.7M)
Contract assets
($86.6M)
($89.3M)
$42.6M
$15.5M
Inventories
($25.1M)
($11.9M)
($45.4M)
($4.4M)
Prepaid expenses and other assets
($22.5M)
($2.7M)
($6.0M)
($15.5M)
Accounts payable
$139.0M
$49.7M
($34.6M)
($14.8M)
Contract liabilities
$4.7M
$44.4M
$22.5M
$24.5M
Accrued salaries, wages, and benefits
$24.0M
$9.6M
($16.4M)
$15.5M
Other liabilities
($3.7M)
$4.9M
($24.5M)
$33.3M
Net cash provided by operating activities
$291.9M
$236.9M
$187.3M
$272.9M
Purchases of property, plant, and equipment and other assets
($292.6M)
($185.7M)
($160.2M)
($102.9M)
Proceeds from capital-related government incentives
$17.8M
—
—
—
Proceeds from sale of property, plant, and equipment and other assets
$781.0K
$32.9M
$505.0K
$6.0M
Proceeds from sale of SH E-MS property
$0
$6.7M
$61.8M
—
Proceeds from sale of subsidiary, net of cash disposed
$0
$0
$6.0M
—
Other
$0
($76.0K)
($101.0K)
($245.0K)
Net cash used in investing activities
($273.9M)
($146.2M)
($92.0M)
($395.5M)
Repurchases of common stock
($17.9M)
($34.5M)
($24.4M)
($35.4M)
Repayment of long-term debt borrowings
($3.8M)
($9.6M)
($291.6M)
—
Customer deposits
$1.5M
$0
$0
$25.0M
Proceeds from exercise of stock options
$236.0K
—
—
—
Proceeds from long-term debt borrowings
$0
$8.4M
$234.8M
—
Payment of debt issuance costs
$0
($1.2M)
($5.5M)
—
Proceeds from borrowings of revolving loan
$0
$0
$50.0M
$50.0M
Refund of customer deposits
$0
$0
($7.5M)
—
Payment of original issue discount
$0
$0
($3.5M)
—
Other
($987.0K)
—
$0
—
Net cash used in financing activities
($20.9M)
($36.8M)
($47.7M)
($11.3M)
Effect of foreign currency exchange rates on cash and cash equivalents
$281.0K
($139.0K)
($122.0K)
($1.0M)
Net (decrease) increase in cash and cash equivalents
($2.7M)
$53.7M
$47.5M
($134.9M)
Cash and cash equivalents at beginning of period
$503.9M
$450.2M
$402.7M
$537.7M
Cash and cash equivalents at end of period
$501.2M
$503.9M
—
—
Cash paid, net for interest
$46.2M
$49.0M
$47.9M
$42.8M
Cash paid, net for income taxes
$37.4M
$18.8M
$53.8M
$4.6M
Property, plant, and equipment recorded in accounts payable and other current liabilities
$62.8M
$77.4M
$117.3M
$31.7M
Cashless rollover of debt
$0
$340.4M
—
—
TTM Technologies, Inc. cash flow statement, quarters
Line item
Jun 29, 2026 · YTD
Mar 30, 2026 · Q1
Sep 29, 2025 · YTD
Jun 30, 2025 · YTD
Net income
$133.0M
$50.0M
$126.8M
$73.7M
Depreciation of property, plant, and equipment
$60.4M
$29.3M
$82.1M
$54.6M
Amortization of definite-lived intangible assets
$18.4M
$9.2M
$27.7M
$18.4M
Amortization of debt discount and issuance costs
$1.1M
$554.0K
$1.6M
$1.1M
Loss on extinguishment of debt
$747.0K
—
—
—
Deferred income taxes
$9.0M
$1.5M
$1.5M
$1.4M
Stock-based compensation
$37.6M
$24.4M
$29.6M
$18.0M
Unrealized loss on derivative instruments
$14.0M
—
—
—
Other
$4.6M
$3.2M
$5.5M
$7.3M
Accounts receivable, net
($156.4M)
($54.3M)
($51.5M)
($46.7M)
Contract assets
($128.0M)
($45.0M)
($65.6M)
($43.6M)
Inventories
($57.9M)
($30.2M)
($28.7M)
($25.4M)
Prepaid expenses and other assets
($44.2M)
($5.0M)
($11.7M)
($7.9M)
Accounts payable
$192.2M
$54.4M
$102.3M
$47.5M
Contract liabilities
$11.1M
($1.1M)
($21.5M)
($8.8M)
Accrued salaries, wages, and benefits
($12.0M)
($17.1M)
$22.9M
($6.2M)
Other liabilities
$34.3M
$2.0M
$8.1M
—
Net cash provided by operating activities
$118.2M
$21.7M
$229.0M
$87.1M
Net purchases of property, plant, and equipment and other assets
($169.2M)
($106.8M)
($223.2M)
($123.7M)
Proceeds from sale of property, plant, and equipment and other assets
$12.0M
$47.0K
$489.0K
$272.0K
Net cash used in investing activities
($157.2M)
($106.8M)
($222.7M)
($123.5M)
Proceeds from long-term debt borrowings
$199.2M
—
$0
—
Repayment of long-term debt borrowings
($143.3M)
($922.0K)
($2.8M)
($1.9M)
Repayment of customer deposits
($5.0M)
($5.0M)
—
—
Payment of debt issuance costs
($4.7M)
—
$0
—
Repurchases of common stock
$0
$0
($17.9M)
($17.9M)
other
($558.0K)
($279.0K)
$0
—
Net cash provided by (used in) financing activities
$45.6M
($6.2M)
($19.2M)
($19.8M)
Effect of foreign currency exchange rates on cash and cash equivalents
$162.0K
$74.0K
$143.0K
$110.0K
Net increase in cash and cash equivalents
$6.7M
($91.2M)
($12.8M)
($56.0M)
Cash and cash equivalents at beginning of period
$501.2M
$501.2M
$503.9M
$503.9M
Cash and cash equivalents at end of period
$507.9M
$410.0M
$491.1M
$448.0M
Cash paid, net for interest
$22.5M
$16.3M
$39.8M
$23.6M
Cash paid, net for income taxes
$9.8M
$5.3M
$19.4M
$15.4M
Cashless rollover of debt
$280.8M
—
$0
—
Property, plant, and equipment recorded in accounts payable and other current liabilities