TTM Technologies Reports Record Q4 Non-GAAP EPS, Strong 19% Revenue Growth, and Positive FY26 Outlook Driven by AI Demand

summarizeSummary

TTM Technologies announced strong Q4 and fiscal year 2025 results, including record non-GAAP EPS and 19% revenue growth, driven by generative AI demand, and provided optimistic guidance for 2026.

check_boxKey Events

• Record Quarterly Non-GAAP EPS

  Reported non-GAAP net income of $74.8 million, or $0.70 per diluted share for Q4 2025, marking an all-time quarterly record high.

• Strong Revenue Growth

  Achieved net sales of $774.3 million in Q4 2025, up 19% year-over-year, and $2.9 billion for fiscal year 2025, also a 19% increase.

• Positive FY2026 Sales Guidance

  Projected fiscal year 2026 net sales growth in the range of 15% to 20%, following strong multi-year guidance provided in January.

• Robust Book-to-Bill Ratio

  Reported a total book-to-bill ratio of 1.35 for the fourth quarter, indicating strong future demand.

auto_awesomeAnalysis

TTM Technologies delivered a robust financial performance for Q4 and fiscal year 2025, exceeding expectations with record non-GAAP diluted EPS and significant revenue growth. The company's strong book-to-bill ratio and substantial Aerospace & Defense backlog indicate continued demand. The positive momentum is largely attributed to increasing demand from generative AI in the Data Center Computing and Networking end markets, which now represent a larger portion of total revenues. The optimistic guidance for Q1 and full-year 2026, projecting 15-20% sales growth, reinforces the positive outlook previously hinted at by the CEO's multi-year guidance in January. This report suggests strong operational execution and favorable market positioning.