Investor Relations

Latest Financial Results

Apr 30, 2025 • 4:05 PM EDT

Q1 2025 Quarterly Results

Quarter Ended Mar 31, 2025

$648.7M

Revenue of $648.7M above the midpoint of guidance of $600 - $640M

$0.31

GAAP EPS of $0.31

$0.50

Non - GAAP EPS of $0.50 above the guided range of $0.37 - $0.43

-$10.7M

Cash flow from operations of -$10.7M

$411.3M

Cash balance of $411.3M. Net leverage defined as net debt divided by last twelve months of EBITDA at 1.3x.

1.10

Book to bill of 1.10 for the first quarter

$1.55B

A&D program backlog $1.56 billion

$670M

Expect Q1 revenues of $650 to $690M and non - GAAP EPS of $0.49 to $0.55

*Non-GAAP Financial Measures. View full reconciliation in our Q1'25 earnings press release.

For complete information regarding our financials, see our periodic filings

Latest News

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TTM Technologies, Inc. Board of Directors Approves New $100 million Share Repurchase Program View Press Release
TTM Technologies, Inc. Announces Retirement of Founder and Board Member, Kent Alder View Press Release
TTM Technologies, Inc. Launches Five New High-Performance Radio Frequency Components to Meet the Growing Demands in Telecom, Test and Measurement, and COTS Mil-Aero Applications View Press Release
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Investor Presentation May 2025
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Latest Financial Results

Q1 2025

Quarter Ended Mar 31, 2025

$648.7M

Revenue of $648.7M above the midpoint of guidance of $600 - $640M

$0.31

GAAP EPS of $0.31

$0.50

Non - GAAP EPS of $0.50 above the guided range of $0.37 - $0.43

-$10.7M

Cash flow from operations of -$10.7M

$411.3M

Cash balance of $411.3M. Net leverage defined as net debt divided by last twelve months of EBITDA at 1.3x.

1.10

Book to bill of 1.10 for the first quarter

$1.55B

A&D program backlog $1.56 billion

$670M

Expect Q1 revenues of $650 to $690M and non - GAAP EPS of $0.49 to $0.55

*Non-GAAP Financial Measures. View full reconciliation in our Q1'25 earnings press release.

For complete information regarding our financials, see our periodic filings

Latest Annual Filing

For Fiscal Year Ending Dec 30, 2024

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A Leading Designer & Manufacturer of Specialty Electronics

TTM Technologies, Inc. is a leading global manufacturer of technology solutions including mission systems, RF components and RF microwave/microelectronic assemblies, and quick turn and technologically advanced PCBs. TTM stands for time-to-market, representing how the company’s time-critical, one-stop manufacturing services enable customers to shorten the time required to develop new products and bring them to market.

View Executive Team View Board of Directors
Web graphic illustrating TTM's technology-enabled end markets and customers, nvidia, Cisco, Raytheon, Rockwell Automation, and BOSCH.

TTM at a Glance

A leading global manufacturer of technology solutions including mission systems, radio frequency ("RF") components and RF microwave/microelectronic assemblies, and printed circuit boards ("PCBs")

23

Specialized facilities in North America & Asia Pacific

16,400

Employees

1,600

Customers

TTM Technologies' Annual Performance

FY 2024 Net Sales by End Market

FY 2024 Net Sales by End Market
Segments Percentages
Aerospace and Defense 46%
Automotive 13%
Data Center Computing 21%
Medical/Industrial/Instrumentation 14%
Networking/Communications 6%
Other 0%

As of February 2025 • February 2025 Investor Presentation

Revenues

(in millions)

Revenues
Fiscal Year Amount (in millions)
2021 $2,249
2022 $2,495
2023 $2,233
2024 $2,443

As of February 2025 • February 2025 Investor Presentation

Non-GAAP Operating Margin1

Non-GAAP Operating Margin
Fiscal Year Operating Margin
2021 8.4%
2022 9.4%
2023 8.9%
2024 9.6%

As of February 2025 • February 2025 Investor Presentation
1 All TTM financials are reported non-GAAP. View full reconciliation in our February 2025 Investor Presentation.

View Reconciliation

Non-GAAP EPS1

Non-GAAP EPS
Fiscal Year Amount
2021 $1.28
2022 $1.74
2023 $1.33
2024 $1.71

As of February 2025 • February 2025 Investor Presentation
1 All TTM financials are reported non-GAAP. View full reconciliation in our February 2025 Investor Presentation.

View Reconciliation

Cash Flows from Ops

(in millions)

Cash Flows from Ops
Fiscal Year Amount (in millions)
2021 $177
2022 $273
2023 $187
2024 $237

As of February 2025 • February 2025 Investor Presentation

Cash Flows from Ops (%rev)

Cash Flows from Ops (%rev)
Fiscal Year % Rev
2021 7.9%
2022 10.9%
2023 8.3%
2024 9.7%

As of February 2025 • February 2025 Investor Presentation

Leverage (Debt/EBITDA1)

Gross Debt / Net Debt

Leverage (Debt/EBITDA)
Fiscal Year Gross Debt Net Debt
2021 3.4% 1.4%
2022 2.7% 1.5%
2023 3.1% 1.6%
2024 2.6% 1.2%

As of February 2025 • February 2025 Investor Presentation
1 All TTM financials are reported non-GAAP. View full reconciliation in our February 2025 Investor Presentation.

View Reconciliation

Delivering Transformative & Sustainable Technology Solutions

At TTM Technologies, our mission is to deliver superior value, growth, and profit by providing customers with market-leading, differentiated solutions, and an extraordinary customer experience. We focus on doing business with integrity, teamwork, clear communication, and excellent performance by maintaining strong environmental, social, and governance (ESG) practices.

About ESG

Awarded & Recognized for Our Excellence

IPC ASIA TALENT DEVELOPMENT AWARD FROM IPC ASIA

25-YEARS SPECIAL CONTRIBUTION SUPPLIERS AWARD FROM UNITED AUTOMOTIVE ELECTRONIC SYSTEMS

2020 EXFO WORLD-CLASS SUPPLIER

PETER SARMANIAN CORPORATE RECOGNITION AWARD FROM IPC

2018 “HALL OF FAME SUPPLIER” RECOGNITION FROM JOHN DEERE

2017 “PARTNER LEVEL SUPPLIER” RECOGNITION FROM JOHN DEERE

EXCELLENT SUPPLIER AWARD FROM UNITED AUTOMOTIVE ELECTRONIC SYSTEMS

MAJOR SUPPLIER AWARD & RECOGNITION FROM ARISTA NETWORKS, INC.

2017 OUTSTANDING SUPPLIER AWARD FROM ROCKWELL AUTOMATION

2017 OUTSTANDING SUPPLIER AWARD FROM FORTIVE CORPORATION

2016 “PARTNER LEVEL SUPPLIER” RECOGNITION FROM JOHN DEERE

2016 TOTAL COST OF OWNERSHIP (TCOOTM) SUPPLIER AWARD FROM CELESTICA

EXCELLENT CORE PARTNER FROM FIBERHOME TELECOMMUNICATION TECHNOLOGIES CO., LTD.

VE (VALUE ENGINEERING) AWARD FROM ALPINE ELECTRONICS (CHINA) CO., LTD

OUTSTANDING SERVICE, PARTNERSHIP AND EXCELLENCE IN ENGINEERING COLLABORATION AWARD FROM RAYTHEON INTEGRATED DEFENSE SYSTEMS

2015 “PARTNER LEVEL SUPPLIER” RECOGNITION FROM JOHN DEERE

2015 TOTAL COST OF OWNERSHIP (TCOOTM) SUPPLIER AWARD PROGRAM FROM CELESTICA

SUPPLIER OF THE YEAR AWARD FROM NATIONAL INSTRUMENTS

PREFERRED SUPPLIER FROM LUTRON ELECTRONICS

A Seamless, One-stop Manufacturing Process

At TTM Technologies, we provide valuable time-to-market and volume production of advanced technology products to customers globally across a broad range of markets. Our one-stop design, engineering, and manufacturing solution allows us to seamlessly align technology development with the needs of our customers, enabling them to fast-track new products and bring them to market sooner.

Serving Diverse Markets Worldwide

We provide advanced technology solutions and RF and PCB manufacturing capabilities for customers across a diverse array of industries and markets.

Delivering Leading Industry-tailored Electronics

Our differentiated solutions are designed using advanced technologies and specialized components to deliver ultra-high performance for our customers.

IR Contacts

Corporate Office

TTM Technologies, Inc.
200 East Sandpointe
Suite 400
Santa Ana, CA 92707
United States
T: 714-327-3000
investor@ttmtech.com

Investor Relations

Sameer Desai
Vice President, Corporate Development and Investor Relations
200 East Sandpointe Ave.
Suite 400
Santa Ana, CA 92707
United States
T: 714-327-3050
investor@ttmtech.com

Transfer Agent

American Stock Transfer & Trust Company
6201 15th Avenue
Brooklyn, NY 11219
United States
T: 800-937-5449