Makes the printed circuit boards inside everything from fighter jets to data centers, plus the radio-frequency components that connect them. Think of them as the nervous system fabricator for electronics you can't see.
Money comes from selling PCBs and RF components to OEMs and EMS companies, with gross margins around 20% and net margins near 7% on USD 2.91B revenue. It's project-based, not recurring subscription income.
Aerospace and defense customers need certified, complex boards that take years to qualify, creating switching costs. But Asian giants like Unimicron and Ibiden dominate high-end IC substrates, and TTM's margins stay thin versus their scale.
Buy (sector percentile 81) — value B-, growth B+, profitability C-, momentum B-, revisions A+. Updated daily, sector-relative, identical for every user.
Key events, in time order
Acquisition adds RF and DSP capabilities for aerospace/defense; market watches post-deal leverage and FCF pace.
AI infra now 40% of sales; Q3 guide $1.1-1.14B extends post-Q2 momentum
Upgrade reflects optimism on earnings prospects, may boost near-term stock
Q2 revenue of $1B beats by $34.95M, EPS $0.99 beats by $0.09, data center 40% of net sales
Baader Bank reports new Q1 position in TTM, drawing institutional attention
Company exhibits at international airshow, showcasing advanced electronic interconnect solutions for aerospace and defense
Q1 2026 net sales reached $846 million, a 30% year-over-year increase, representing an all-time quarterly high
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The user is accumulating shares of TTMI, alongside other tech stocks like NVDA, ahead of NVDA's earnings report. The focus is on incremental additions to existing positions.
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