TTM Technologies beat third quarter 2026 revenue expectations with record $1.2B sales and margin expansion

TTM Technologies achieved all-time quarterly records for net sales and non-GAAP EPS, with revenue growing 60% year-over-year to $1.2 billion. Growth was propelled by a 115% surge in the Data Center & Networking segment and robust Aerospace & Defense demand, while adjusted EBITDA margins exceeded 20% for the first time in company history.

Key Highlights

• Data Center and Networking revenue reached $493.6 million, accounting for 41% of total sales, driven by persistent AI infrastructure demand.
• Aerospace & Defense program backlog expanded to $2.0 billion, supported by a segment book-to-bill ratio that contributed to a total company ratio of 2.13.
• Preliminary fiscal year 2027 guidance anticipates net sales between $6.5 billion and $6.75 billion, factoring in contributions from recent and pending acquisitions like Ophir Optics.