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TTM TECHNOLOGIES INC

For the period ended Sep 28, 2026. Filed Oct 28, 2026.

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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 28, 2026 · Filed Oct 28, 2026

TTMI$66.51+6.9%Stored close · as of Nov 6, 2026
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

Form 10-Q

☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended September 28,2026

Or

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ____________ to____________

Commission File Number:000-31285

(Exact name of registrant as specified in its charter)

Delaware91-1033443
(State or other jurisdiction ofincorporation or organization)(I.R.S. EmployerIdentification No.)

200 East Sandpointe, Suite 400, Santa Ana, California 92707

(Address of principal executive offices)

(714)327-3000

(Registrant’s telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading symbol(s)Name of each exchange on which registered
Common Stock, $0.001 par valueTTMINasdaq Global Select Market

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☑ No☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☑ No☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer☑Accelerated filer☐
Non-accelerated filer☐Smaller reporting company☐
Emerging growth company☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐ No☑

As of October 23, 2026, there were outstanding 105,375,520 shares of the registrant’s Common Stock, $0.001 par value.

Form 10-Q

For the Quarter Ended September 28, 2026

TABLE OF CONTENTS

Page
PART I: FINANCIAL INFORMATION4
Item 1. Financial Statements (unaudited)4
Consolidated Condensed Balance Sheets as of September 28, 2026 and December 29, 20254
Consolidated Condensed Statements of Operations for the quarter and three quarters ended September 28, 2026 and September 29, 20255
Consolidated Condensed Statements of Comprehensive Income for the quarter and three quarters ended September 28, 2026 and September 29, 20256
Consolidated Condensed Statements of Stockholders' Equity for the three quarters ended September 28, 2026 and September 29, 20257
Consolidated Condensed Statements of Cash Flows for the three quarters ended September 28, 2026 and September 29, 20258
Notes to Consolidated Condensed Financial Statements9
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations24
Item 3. Quantitative and Qualitative Disclosures About Market Risk31
Item 4. Controls and Procedures32
PART II: OTHER INFORMATION33
Item 1. Legal Proceedings33
Item 1A. Risk Factors33
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds36
Item 3. Defaults Upon Senior Securities36
Item 4. Mine Safety Disclosures36
Item 5. Other Information36
Item 6. Exhibits38
SIGNATURES40

Glossary of Terms and Acronyms

The following table provides definitions of certain terms and acronyms that may be used within the text of this Report.

2025 Share Repurchase ProgramShare repurchase program authorized by the Board of Directors on May 8, 2025MYRMalaysian ringgit
2026 Share Repurchase ProgramShare repurchase program authorized by the Board of Directors on October 27, 2026ODMsOriginal design manufacturers
2026 Credit AgreementSecond Amended and Restated Credit Agreement by and among the Company, the foreign subsidiary borrowers party thereto, any designated borrowers party thereto, JPMorgan Chase Bank, N.A., as Administrative Agent, and the several lenders from time to time parties thereto, dated June 1, 2026OEMsOriginal equipment manufacturers
A&DAerospace and DefenseOphir OpticsMKS Inc.'s Ophir Optics business
AIArtificial intelligencePCBPrinted circuit board
Amended Term Loan FacilityRepriced and upsized $400.0 million senior secured term loan credit facility under the 2026 Credit AgreementPrior Term Loan FacilityFirst Amendment, dated as of August 1, 2024, to that certain Amended and Restated Term Loan Credit Agreement, dated as of May 30, 2023
Asia ABLAsia Asset-Based Lending Credit AgreementPRUsPerformance-based restricted stock units
ASUAccounting Standards UpdateRCFSenior secured cash flow revolving credit facility with committed maximum borrowing capacity of up to $1.0 billion under the 2026 Credit Agreement
CEOChief Executive OfficerReportThis Quarterly Report on Form 10-Q for the fiscal quarter ended September 28, 2026
CFOChief Financial OfficerRFRadio frequency
CHFSwiss francRF&S ComponentsRF and Specialty Components
CMEChicago Mercantile ExchangeRMBChinese Renminbi
CODMChief operating decision makerRSUsRestricted stock units
CompanyTTM Technologies, Inc.SECSecurities and Exchange Commission
EMSElectronic manufacturing servicesSenior Notes due 2029$500.0 million aggregate principal amount of 4.000% Senior Notes due March 1, 2029, issued by the Company on March 10, 2021
EpiqEDS Intermediate Holding, LLCSenior Notes due 2034$500.0 million aggregate principal amount of 6.750% Senior Notes due October 1, 2034, issued by the Company on September 24, 2026
Exchange ActSecurities Exchange Act of 1934, as amendedSOFRSecured Overnight Financing Rate
FASBFinancial Accounting Standards BoardSTGSwiss Technology Group AG
GuarantorsThe Company’s direct and indirect, existing and future domestic subsidiary guarantors, subject to certain exceptionsThird Amended and Restated Credit Agreement2026 Credit Agreement, as amended and restated as of September 30, 2026
Incremental FacilitiesIncremental Term Loan A Facility and Incremental Term Loan B Facility, collectivelyU.S. ABLU.S. Asset-Based Lending Credit Agreement
Incremental Term Loan A Facility$300.0 million senior secured incremental term loan A facility established under the Third Amended and Restated Credit Agreement, maturing May 30, 2031U.S. GAAPAccounting principles generally accepted in the United States of America
Incremental Term Loan B Facility$800.0 million seven-year senior secured incremental term loan B facility established under the Third Amended and Restated Credit Agreement, maturing September 30, 2033USDU.S. dollar

The Company uses a 52/53-week fiscal calendar with the fourth quarter ending on the Monday nearest December 31. Discussion and analysis in this Report is for the quarter and three quarters ended September 28, 2026, compared to the quarter and three quarters ended September 29, 2025, unless otherwise stated.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.