TTMI financial statements

The full income statement, balance sheet, and cash-flow statement for TTM Technologies Inc. (TTMI), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2024-07 102.0M2024-09 102.0M2024-12 102.1M2025-03 101.6M2025-06 103.3M2025-09 103.3M2025-12 103.4M2026-03 103.9M2026-06 105.3M+3.3% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 29 ’25	as ofDec 30 ’24	as ofJan 1 ’24	as ofJan 2 ’23	as ofJan 3 ’22
Revenue	2.91B YoY+19.0%	2.44B YoY+9.4%	2.23B YoY-10.5%	2.50B YoY+11.0%	2.25B YoY+6.8%
	602M YoY+26.0%	477M YoY+15.5%	413M YoY-9.8%	458M YoY+23.1%	372M YoY+3.6%
Cost of revenue	2.30B YoY+17.3%	1.97B YoY+8.0%	1.82B YoY-10.7%	2.04B YoY+8.5%	1.88B YoY+7.5%
	337M YoY-6.7%	361M YoY-2.6%	371M YoY+49.8%	248M YoY+0.6%	246M YoY-25.7%
Research & development	29.0M YoY-9.0%	31.8M YoY+16.8%	27.3M YoY+9.9%	24.8M YoY+36.7%	18.1M YoY-8.2%
Selling, general & administrative	192M YoY+13.0%	170M YoY+13.7%	150M YoY-5.4%	158M YoY+26.7%	125M YoY+1.9%
General & administrative	192M YoY+13.0%	170M YoY+13.7%	150M YoY-5.4%	158M YoY+26.7%	125M YoY+1.9%
Selling & marketing	85.5M YoY+6.8%	80.0M YoY+4.0%	76.9M YoY+2.3%	75.2M YoY+19.3%	63.0M YoY-1.4%
Restructuring	2.85M YoY-74.6%	11.2M YoY-54.0%	24.4M YoY+494.8%	4.09M YoY-3.6%	4.25M YoY-74.7%
Amortization of intangibles	36.9M YoY-17.8%	44.9M YoY-27.1%	61.6M YoY+66.0%	37.1M YoY+3.8%	35.7M YoY-8.0%
Operating income	265M YoY+128.1%	116M YoY+174.2%	42.3M YoY-79.9%	210M YoY+67.0%	126M YoY+348.5%
Interest expense	45.3M YoY-4.6%	47.5M YoY-1.3%	48.1M YoY+5.7%	45.5M YoY+0.1%	45.5M YoY-37.8%
Other non-operating income	-9.01M YoY-158.4%	15.4M YoY+157.5%	5.99M YoY-66.7%	18.0M YoY+278.0%	4.75M YoY+491.9%
Pre-tax income	210M YoY+150.6%	83.9M YoY+28165.7%	297K YoY-99.8%	183M YoY+161.0%	70.1M YoY+251.4%
Income tax	32.9M YoY+18.9%	27.6M YoY+45.4%	19.0M YoY-78.5%	88.3M YoY+464.5%	15.6M YoY+152.3%
	177M YoY+215.2%	56.3M YoY+400.8%	-18.7M YoY-119.8%	94.6M YoY+73.8%	54.4M YoY-69.4%
Income from continuing operations	177M YoY+215.2%	56.3M YoY+400.8%	-18.7M YoY-119.8%	94.6M YoY+73.8%	54.4M YoY+432.1%
	$1.68 YoY+211.1%	$0.54 YoY+400.0%	-$0.18 YoY-119.8%	$0.91 YoY+82.0%	$0.50 YoY-70.1%
EPS (basic)	$1.73 YoY+214.5%	$0.55 YoY+405.6%	-$0.18 YoY-119.4%	$0.93 YoY+82.4%	$0.51 YoY-69.5%
	103M YoY+0.8%	102M YoY-0.9%	103M YoY+0.7%	102M YoY-4.0%	106M YoY-0.0%
	105M YoY+1.3%	104M YoY+1.3%	103M YoY-1.1%	104M YoY-4.0%	108M YoY+1.7%
Balance Sheet	as ofDec 29 ’25	as ofDec 30 ’24	as ofJan 1 ’24	as ofJan 2 ’23	as ofJan 3 ’22
	1.86B YoY+15.5%	1.61B YoY+12.4%	1.43B YoY-4.2%	1.49B YoY+6.1%	1.41B YoY+12.7%
Cash & equivalents	501M YoY-0.5%	504M YoY+11.9%	450M YoY+11.8%	403M YoY-25.1%	538M YoY+19.1%
Accounts receivable	564M YoY+25.7%	449M YoY+8.5%	414M YoY-12.6%	473M YoY+22.5%	386M YoY+1.4%
Inventory	250M YoY+11.1%	225M YoY+5.6%	213M YoY+24.9%	171M YoY+33.7%	128M YoY+10.3%
Prepaid expenses	72.4M YoY+51.3%	47.8M YoY-11.5%	54.1M YoY+30.5%	41.4M YoY+34.0%	30.9M YoY+13.7%
	3.84B YoY+10.6%	3.47B YoY+4.5%	3.32B YoY+0.0%	3.32B YoY+9.9%	3.03B YoY+4.5%
Property, plant & equipment	1.01B YoY+16.2%	870M YoY+7.7%	808M YoY+11.5%	724M YoY+8.8%	666M YoY+2.4%
Operating lease right-of-use	80.9M YoY+3.4%	78.3M YoY-9.3%	86.3M YoY+357.5%	18.9M YoY-9.3%	20.8M YoY-14.5%
Goodwill	670M YoY+0.0%	670M YoY-4.6%	703M YoY-7.6%	760M YoY+19.3%	637M YoY+0.0%
Intangible assets	155M YoY-19.2%	192M YoY-19.0%	237M YoY-17.8%	288M YoY+20.1%	240M YoY-14.7%
Other non-current assets	68.2M YoY+22.8%	55.6M YoY-8.2%	60.6M YoY+55.3%	39.0M YoY-28.2%	54.3M YoY+1.0%
	962M YoY+18.9%	809M YoY+14.9%	704M YoY-7.5%	761M YoY+36.4%	558M YoY+7.7%
Accounts payable	544M YoY+33.8%	406M YoY+21.4%	335M YoY-7.5%	362M YoY+0.1%	361M YoY+10.5%
Deferred revenue	176M YoY+2.8%	171M YoY+35.1%	127M YoY+21.7%	104M YoY+632.8%	14.2M YoY+233.5%
Short-term & current debt	3.81M YoY+0.5%	3.79M YoY+8.4%	3.50M YoY-93.0%	50.0M	—
Current lease liability	8.91M YoY+17.9%	7.56M YoY-10.4%	8.43M YoY+14.5%	7.37M YoY+15.8%	6.36M YoY-21.9%
Other current liabilities	106M YoY-11.4%	120M YoY-14.8%	141M YoY+8.3%	130M YoY+39.8%	93.0M YoY+4.0%
Finance lease liability (current)	1.12M YoY+37.2%	814K YoY+4.4%	780K YoY+6.0%	736K YoY+5.4%	698K
Long-term debt	912M YoY-0.2%	914M YoY+0.0%	914M YoY+4.0%	879M YoY-5.2%	928M YoY+10.1%
Deferred revenue (non-current)	23.5M YoY-17.3%	28.4M YoY-4.8%	29.8M YoY-23.0%	38.8M	0.00
Non-current lease liability	87.5M YoY+12.9%	77.5M YoY-4.1%	80.8M YoY+559.5%	12.2M YoY-19.7%	15.3M YoY-11.4%
Operating lease liability (total)	96.4M YoY+13.4%	85.1M YoY-4.7%	89.2M YoY+354.8%	19.6M YoY-9.2%	21.6M YoY-14.8%
Finance lease liability (total)	16.9M YoY+32.4%	12.8M YoY-5.7%	13.6M YoY-5.1%	14.3M YoY-4.7%	15.0M
Finance lease liability	15.8M YoY+32.1%	12.0M YoY-6.4%	12.8M YoY-5.7%	13.6M YoY-5.2%	14.3M
Deferred tax liabilities	46.3M YoY+12.0%	41.4M YoY-6.5%	44.2M YoY-18.5%	54.3M YoY+91.3%	28.4M YoY+19.6%
Other non-current liabilities	116M YoY+7.7%	108M YoY-5.1%	114M YoY-15.9%	135M YoY+96.0%	68.9M YoY-6.7%
Total non-current liabilities	1.12B YoY+1.5%	1.10B YoY-0.8%	1.11B YoY+8.0%	1.03B YoY+1.5%	1.01B YoY+8.4%
	1.76B YoY+12.7%	1.56B YoY+3.5%	1.51B YoY-1.6%	1.54B YoY+5.5%	1.46B YoY+0.8%
Common stock	115K YoY+1.8%	113K YoY+1.8%	111K YoY+0.9%	110K YoY+1.9%	108K YoY+0.9%
Additional paid-in capital	952M YoY+4.5%	911M YoY+3.4%	881M YoY+2.7%	858M YoY+2.1%	840M YoY+1.1%
Retained earnings	1.02B YoY+21.2%	838M YoY+7.2%	782M YoY-2.3%	801M YoY+13.4%	706M YoY+8.3%
Treasury stock	175M YoY+10.9%	158M YoY+28.0%	123M YoY+24.8%	98.7M YoY+54.6%	63.8M
Accumulated other comprehensive income	-30.9M YoY-10.9%	-27.9M YoY+4.1%	-29.1M YoY-17.3%	-24.8M YoY+9.0%	-27.3M YoY+30.0%
Total liabilities & equity	3.84B YoY+10.6%	3.47B YoY+4.5%	3.32B YoY+0.0%	3.32B YoY+9.9%	3.03B YoY+4.5%
	115M YoY+1.8%	113M YoY+1.7%	111M YoY+1.5%	110M YoY+1.3%	108M YoY+1.3%
	103M YoY+1.4%	102M YoY-0.1%	102M YoY-0.1%	102M YoY-1.3%	104M YoY-3.0%
	103M YoY+1.3%	102M YoY+0.2%	102M YoY-0.7%	103M YoY-0.2%	103M YoY-3.8%
Cash Flow	as ofDec 29 ’25	as ofDec 30 ’24	as ofJan 1 ’24	as ofJan 2 ’23	as ofJan 3 ’22
	292M YoY+23.2%	237M YoY+26.5%	187M YoY-31.4%	273M YoY+54.5%	177M YoY-38.5%
Depreciation & amortization	147M YoY-2.0%	150M YoY-6.6%	161M YoY+25.2%	128M YoY+5.5%	122M YoY-12.1%
Intangible amortization	36.9M YoY-17.8%	44.9M YoY-27.1%	61.6M YoY+66.0%	37.1M YoY+3.8%	35.7M YoY-8.0%
Share-based compensation	41.7M YoY+39.9%	29.8M YoY+30.1%	22.9M YoY+17.2%	19.5M YoY+10.2%	17.7M YoY+10.2%
Deferred income taxes	3.79M YoY+409.1%	-1.23M YoY+89.1%	-11.2M YoY-118.6%	60.4M YoY+932.9%	5.85M YoY+187.9%
Change in receivables	115M YoY+228.4%	35.1M YoY+170.2%	-49.9M YoY-239.7%	35.7M YoY+581.8%	5.24M YoY+104.3%
Change in inventory	25.1M YoY+110.5%	11.9M YoY-73.8%	45.4M YoY+929.1%	4.41M YoY-63.1%	12.0M YoY+966.7%
Change in payables	139M YoY+179.5%	49.7M YoY+243.8%	-34.6M YoY-133.6%	-14.8M YoY-136.2%	41.0M YoY+3284.4%
Other operating activities	5.38M YoY+383.1%	-1.90M YoY-268.0%	-516K YoY+90.0%	-5.18M YoY+46.3%	-9.65M YoY-590.3%
	-274M YoY-87.4%	-146M YoY-58.9%	-92.0M YoY+76.7%	-395M YoY-370.0%	-84.1M YoY-120.8%
Capital expenditure	293M YoY+57.5%	186M YoY+15.9%	160M YoY+55.8%	103M YoY+25.5%	82.0M YoY-20.7%
Free cash flow	-683K YoY-101.3%	51.2M YoY+89.2%	27.0M YoY-84.1%	170M YoY+79.5%	94.7M YoY-48.5%
Acquisitions	0.00	0.00	0.00 YoY-100.0%	298M	0.00
Proceeds from sale of PP&E	781K YoY-97.6%	32.9M YoY+6408.5%	505K YoY-91.6%	6.01M YoY+321.2%	1.43M YoY+93.4%
Other investing activities	0.00 YoY-100.0%	76.0K YoY-24.8%	101K YoY-58.8%	245K YoY-43.2%	431K YoY-30.8%
	-20.9M YoY+43.2%	-36.8M YoY+22.8%	-47.7M YoY-321.5%	-11.3M YoY-56.4%	-7.23M YoY+98.9%
Long-term debt issued	0.00 YoY-100.0%	8.42M YoY-96.4%	235M	0.00 YoY-100.0%	500M
Long-term debt repaid	3.79M YoY-60.5%	9.60M YoY-96.7%	292M	0.00 YoY-100.0%	426M
Common stock issued	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	17.9M YoY-48.2%	34.5M YoY+41.1%	24.4M YoY-31.0%	35.4M YoY-45.3%	64.7M
Dividends paid	0.00	0.00	0.00	0.00	0.00
Other financing activities	-987K	0.00	0.00	0.00 YoY+100.0%	-7.48M YoY-197.5%
Net change in cash	-2.70M YoY-105.0%	53.7M YoY+13.2%	47.5M YoY+135.2%	-135M YoY-256.7%	86.1M YoY+67.5%
Interest paid	46.2M YoY-5.7%	49.0M YoY+2.3%	47.9M YoY+11.8%	42.8M YoY+1.1%	42.4M YoY-28.5%
Income taxes paid	37.4M YoY+99.5%	18.8M YoY-65.1%	53.8M YoY+1075.1%	4.57M YoY-12.2%	5.21M YoY-71.2%
Valuation Ratios	as ofDec 29 ’25	as ofDec 30 ’24	as ofJan 1 ’24	as ofJan 2 ’23	as ofJan 3 ’22
Market cap	7.36B YoY+192.0%	2.52B YoY+56.0%	1.62B YoY+4.9%	1.54B YoY-0.9%	1.56B YoY+6.0%
P/E	41.5× YoY-7.4%	44.8×	—	15.9× YoY-44.4%	28.6× YoY+245.8%
P/S	2.5× YoY+145.4%	1.0× YoY+45.7%	0.7× YoY+13.9%	0.6× YoY-10.0%	0.7× YoY-0.8%
P/B	4.2× YoY+159.1%	1.6× YoY+49.8%	1.1× YoY+6.4%	1.0× YoY-5.3%	1.1× YoY+5.1%
P/FCF	—	49.3× YoY+133.5%	21.1× YoY+121.3%	9.5× YoY-42.0%	16.4× YoY+105.8%
	2.4% YoY+8.0%	2.2%	—	6.3% YoY+79.9%	3.5% YoY-71.1%
	—	2.0% YoY-57.2%	4.7% YoY-54.8%	10.5% YoY+72.3%	6.1% YoY-51.4%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: TTMI's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all TTMI filings on SEC EDGAR → Not investment advice.