TTM Technologies Posts Record Q2 Revenue of $1B, Raises Full-Year Guidance to $4.4B

summarizeSummary

TTM Technologies reported record Q2 2026 revenue of $1.0 billion (+37% YoY) and non-GAAP EPS of $0.99, driven by AI data center and defense demand. Full-year guidance was raised to ~$4.4 billion in revenue and non-GAAP EPS approaching $5.00.

check_boxKey Events · Earnings and Guidance · TTMI

• Record Q2 Revenue and Profit

  Net sales reached $1.004 billion, up 37% year-over-year, with GAAP net income of $83.0 million ($0.77 per diluted share) and non-GAAP net income of $106.9 million ($0.99 per diluted share) — both quarterly records.

• AI and Defense Drive Growth

  Data Center and Networking revenue surged 91% year-over-year to 40% of total sales, while Aerospace and Defense grew 14% with backlog exceeding $1.7 billion.

• Raised Full-Year Guidance

  TTM now expects full-year 2026 revenue of approximately $4.4 billion and non-GAAP EPS approaching $5.00, up from prior guidance of $4 billion in revenue.

• Strong Q3 Outlook

  Q3 2026 guidance calls for net sales of $1.10 billion to $1.14 billion and non-GAAP EPS of $1.21 to $1.27, indicating continued momentum.

auto_awesomeAnalysis · TTMI · Manufacturing

A standout quarter saw revenue surge 37% year-over-year to a record $1 billion, fueled by AI data center demand and defense growth. Non-GAAP EPS of $0.99 also set a record, and the full-year revenue outlook was raised to approximately $4.4 billion with EPS approaching $5.00 — well above prior targets. These results confirm that TTM is a direct beneficiary of the AI infrastructure buildout, and the raised guidance signals sustained momentum. With a strong balance sheet and pending European acquisitions, the company is executing on all fronts.