TTM Technologies delivered a robust performance in the fourth quarter of 2025, with net sales increasing by 19% year-over-year to $774.3 million. The company achieved a record non-GAAP net income of $74.8 million, or $0.70 per diluted share, driven by strong demand in Data Center Computing and Networking, particularly from generative AI, and healthy growth in Aerospace and Defense, and Medical, Industrial, and Instrumentation end markets.
Net sales for Q4 2025 reached $774.3 million, marking a 19% increase compared to Q4 2024.
Non-GAAP net income hit an all-time quarterly record high of $74.8 million, or $0.70 per diluted share.
Adjusted EBITDA for the quarter was $126.2 million, representing 16.3% of net sales, up from 14.7% in the prior year.
Cash flow from operations stood at $62.9 million, or 8.1% of net sales, demonstrating solid operational execution.
For the first quarter of 2026, TTM Technologies anticipates net sales to be between $770 million and $810 million, with non-GAAP net income per diluted share projected to be in the range of $0.64 to $0.70. For the full fiscal year 2026, the company expects net sales growth in the range of 15% to 20%.
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