TTM Technologies Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 29, 2025	Dec '24 Dec 30, 2024	Jan '24 Jan 1, 2024	Jan '23 Jan 2, 2023	Jan '22 Jan 3, 2022
Revenue	2,906	2,443	2,233	2,495	2,249
Revenue Growth (YoY)	18.98%	9.41%	-10.52%	10.95%	6.81%
Cost of Revenue	2,305	1,965	1,819	2,037	1,877
Gross Profit	601.69	477.38	413.27	457.97	372.01
Selling, General & Admin	277.61	250.14	226.55	233.36	187.88
Research & Development	28.99	31.85	27.27	24.81	18.15
Amortization of Goodwill & Intangibles	27.55	35.55	48.68	37.1	35.75
Operating Expenses	334.16	317.53	302.5	295.27	241.78
Operating Income	267.53	159.84	110.77	162.7	130.24
Interest Expense	-45.33	-47.52	-48.12	-45.52	-45.48
Currency Exchange Gain (Loss)	-20.43	1.22	-4.06	12.76	-5.03
Other Non Operating Income (Expenses)	11.41	14.2	10.05	5.22	9.79
EBT Excluding Unusual Items	213.18	127.75	68.63	135.15	89.52
Merger & Restructuring Charges	-2.85	-11.2	-24.35	-4.09	-4.25
Impairment of Goodwill	-	-32.6	-44.1	-	-
Gain (Loss) on Sale of Assets	-	-	1.27	51.8	-
Other Unusual Items	-	-	-1.15	-	-15.22
Pretax Income	210.34	83.95	0.3	182.86	70.05
Income Tax Expense	32.89	27.65	19.02	88.28	15.64
Earnings From Continuing Operations	177.45	56.3	-18.72	94.58	54.41
Net Income to Company	177.45	56.3	-18.72	94.58	54.41
Net Income	177.45	56.3	-18.72	94.58	54.41
Net Income to Common	177.45	56.3	-18.72	94.58	54.41
Net Income Growth	215.19%	-	-	73.82%	-69.35%
Shares Outstanding (Basic)	103	102	103	102	106
Shares Outstanding (Diluted)	105	104	103	104	108
Shares Change (YoY)	1.30%	1.32%	-1.08%	-3.96%	1.68%
EPS (Basic)	1.73	0.55	-0.18	0.93	0.51
EPS (Diluted)	1.68	0.54	-0.18	0.91	0.50
EPS Growth	211.11%	-	-	82.00%	-70.04%
Free Cash Flow	-0.68	51.16	27.04	169.99	94.68
Free Cash Flow Per Share	-0.01	0.49	0.26	1.64	0.88
Gross Margin	20.70%	19.54%	18.51%	18.36%	16.54%
Operating Margin	9.21%	6.54%	4.96%	6.52%	5.79%
Profit Margin	6.11%	2.31%	-0.84%	3.79%	2.42%
Free Cash Flow Margin	-0.02%	2.09%	1.21%	6.81%	4.21%
EBITDA	414.7	309.97	271.5	296.61	257.57
EBITDA Margin	14.27%	12.69%	12.16%	11.89%	11.45%
D&A For EBITDA	147.17	150.13	160.73	133.91	127.33
EBIT	267.53	159.84	110.77	162.7	130.24
EBIT Margin	9.21%	6.54%	4.96%	6.52%	5.79%
Effective Tax Rate	15.64%	32.94%	6402.36%	48.28%	22.32%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.