NASDAQ$TTMI

TTM Technologies Inc · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

TTM Technologies Inc reported Q2 2025 net sales of $730.6 million and net income of $41.5 million.

TTM Technologies achieved 20.7% year-over-year revenue growth in Q2 2025, driven by strong demand in aerospace and defense and AI-related data center and networking markets. Gross margin improved to 20.3% and operating margin reached 8.5% due to higher volumes and operational execution. The company continued investments in new manufacturing facilities to support future growth.

  • Net sales rose 20.7% to $730.6 million, led by A&D and commercial AI demand.
  • Gross profit increased to $148.1 million with margin expanding to 20.3%.
  • Operating income grew to $61.8 million, yielding an 8.5% operating margin.
  • Net income reached $41.5 million, or $0.41 basic EPS.

Headline financials

Total Revenue

$731M

Previous: $605M+20.7%
EPS (adj)

$0.41

Previous: $0.25+64.0%
Capital Expenditures

-$124M

Previous: -$88.8M-39.3%
Net Income

$41.5M

Previous: $26.4M+57.6%
Operating Income

$61.8M

Previous: $39M+58.4%
Gross Profit

$148M

Previous: $117M+26.3%
Cash & Equivalents

$448M

Previous: $446M+0.4%
Total Assets

$3.58B

Previous: $3.34B+7.0%

Revenue & EPS history

TTM Technologies · Revenue · Quarterly

$731M

Q2 2025+20.7%vs Q2 2024
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Revenue by segment

TTM Technologies · $731M total across 3 segments · Q2 2025

  • Commercial
    $395M
  • Aerospace and Defense
    $325M
  • RF and Specialty Components
    $10M

Forward guidance

The company is investing in new U.S. and Malaysia facilities to support advanced PCB production for data center and defense markets.

Tailwinds

  • New Eau Claire facility acquired for U.S. advanced PCB capacity.
  • Penang site to support supply chain diversification.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

+2.6%

Avg return

Earnings day

+4.5%

Avg return

5 days after

+5.8%

Avg return

30 days after

59%

38 / 64 earnings

Positive

+22.1%

Q2 2022

Best reaction

-20.4%

Q2 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2027+15.3%+16.1%+26.4%
Q4 2025-3.8%-2.5%-8.6%
Q3 2025+4.6%+18.0%+18.5%
Q1 2025+16.6%+25.5%+49.2%
Q4 2024+10.0%+4.9%-5.5%
Q3 2024+13.9%+14.7%+23.7%
Q2 2024-5.8%-14.3%-6.2%
Q1 2024+11.5%+17.3%+24.6%
Q4 2023+5.1%+12.6%+3.7%
Q3 2023+22.0%+23.3%+30.4%
Q2 2023+2.3%+4.2%+3.5%
Q1 2023-1.0%-1.3%+18.2%
Q4 2022-15.2%-12.7%-19.5%
Q3 2022-17.1%-10.0%+4.3%
Q2 2022+22.1%+20.5%+11.7%
Q1 2022+1.9%-0.8%+2.3%
Q3 2021-4.8%-1.6%+3.1%
Q2 2021+0.9%+2.0%+2.8%
Q1 2021-0.3%-1.2%-0.3%
Q4 2020+1.2%+2.1%+2.4%
Q3 2020-0.1%-2.1%+10.0%
Q2 2020+3.8%+3.5%-2.4%
Q1 2020+6.0%-0.1%+5.9%
Q4 2019-0.5%-9.7%-14.5%
Q3 2019-7.4%-0.3%+6.0%
Q2 2019+13.0%+6.1%+3.3%
Q1 2019-9.0%-6.3%-35.6%
Q4 2018+1.0%+2.6%-1.7%
Q3 2018-11.1%-1.8%-10.8%
Q2 2018+12.2%+8.5%+7.7%
Q1 2018+17.0%+14.6%+25.8%
Q4 2017-2.7%-1.6%+6.2%
Q3 2017+8.2%+6.4%+0.7%
Q2 2017-20.4%-20.4%-17.2%
Q1 2017+2.2%+1.0%+4.2%
Q4 2016+12.2%+16.1%+5.5%
Q3 2016+16.9%+12.7%+16.1%
Q2 2016+15.7%+23.8%+27.4%
Q1 2016-3.8%
Q4 2015+18.9%
Q3 2015+9.0%
Q2 2015-8.3%
Q1 2015-1.2%
Q4 2014+8.7%
Q3 2014+12.0%
Q2 2014-6.1%
Q1 2014-2.1%
Q4 2013+4.5%
Q3 2013-14.3%
Q2 2013+1.5%
Q1 2013+18.6%
Q4 2012+6.0%
Q3 2012-1.1%
Q2 2012-13.9%
Q1 2011+0.5%
Q1 2012+0.8%
Q4 2011-0.9%
Q4 2009-0.9%
Q3 2011+0.0%
Q3 2010+0.0%
Q2 2010+0.3%
Q4 2010+0.3%
Q2 2011+0.3%
Q1 2010+4.3%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro