TTM Technologies stock, printed circuit boards

TTM Technologies stock reports USD 1.0 billion quarterly sales

Published on 09/24/2026 at 02:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

TTM Technologies stock carries a Q3 2026 sales forecast of USD 1.10-1.14 billion after Q2 revenue reached USD 1.0 billion. Book to bill was 1.49.

TTM Technologies stock, printed circuit boards, aerospace and defense, Q2 2026 results, senior notes, Nasdaq, Illustration mit AI erstellt.

TTM Technologies stock (ISIN US87305R1095) stood at USD 125.82 on Nasdaq on September 23, 2026, after a daily decline of 1.29 percent. The company reported Q2 2026 net sales of USD 1.0 billion, GAAP EPS of USD 0.77 and operating cash flow of USD 96.4 million, giving the market a fresh operating baseline.

Q2 sales crossed USD 1 billion

According to TTM Technologies, Q2 2026 sales exceeded the guided range of USD 930 million to USD 970 million. Non-GAAP EPS reached USD 0.99, above the guided range of USD 0.82 to USD 0.88.

The quarter also produced a book-to-bill ratio of 1.49 and an aerospace and defense program backlog of USD 1.7 billion. Those figures point to order intake running ahead of shipments, while the company remains exposed to data center computing, networking and defense demand.

Q3 guidance sets the next test

TTM Technologies guided Q3 2026 net sales to USD 1.10 billion to USD 1.14 billion and non-GAAP EPS to USD 1.23 to USD 1.27. Q2 revenue of USD 1,004.054 million was 18.7 percent above Q1 revenue of USD 845.976 million, while operating profit rose from USD 72.449 million to USD 109.055 million.

For investors, the comparison matters because the sequential increase came with a higher operating result rather than sales growth alone. Q2 operating cash flow of USD 96.429 million also exceeded the USD 21.743 million reported for Q1, according to the same quarterly financial data.

Debt offering adds a financing angle

On September 10, 2026, TTM Technologies priced USD 500 million of senior notes due 2034 at a 6.750 percent interest rate, according to MarketScreener. The transaction is scheduled to close on September 24, 2026, subject to customary conditions.

The financing gives TTM additional capital for its expansion plans, but the 6.750 percent coupon makes funding costs a material part of the investment case. The stock remains 43.8 percent below its 52-week high of USD 223.83 and above its 52-week low of USD 51.09.

TTMI remains below its yearly high

TTMI had a market capitalization of USD 13.066407 billion as of September 23, 2026. The combination of Q3 guidance, a 1.49 book to bill ratio and the senior-note financing leaves revenue execution and financing discipline as the central measures for the next update.