TTM Technologies Reports Record Q3 2026 Results Driven by AI Data Center Demand
TTM Technologies (TTMI) delivered exceptional third-quarter 2026 results, headlined by a 60% increase in net sales to $1.2 billion. Growth was primarily fueled by a massive 115% surge in the data center and networking segment, which now accounts for 41% of total revenue as the company capitalizes on AI-related infrastructure demand. Non-GAAP EPS rose 118% year-over-year to $1.46 per diluted share. The company is aggressively expanding its footprint through strategic acquisitions, including Ophir and Epiq, while managing a record $2 billion aerospace and defense backlog. Despite strong performance, management noted headwinds including rising interest expenses from acquisition debt and supply chain lead times extending up to 24 weeks. Looking ahead, TTM provided robust guidance for 2027, projecting revenue between $6.5 billion and $6.75 billion.
Tickers: $TTMI
Topics: acquisition aerospace and defense data center demand earnings report revenue growth