Slide 1: Q1 2026 Quarterly Earnings Results
Q1 2026 Quarterly Earnings Results April 29, 2026
Slide 2: Disclaimers
Disclaimers Forward-Looking Statements This communication may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements related to the future business outlook, events, and expected performance of TTM Technologies, Inc. (“TTM
Slide 3: Q1 2026 Financial Results and Q2 2026 Guidance
Q1 2026 Financial Results and Q2 2026 Guidance | Strong performance leading to a beat and raise quarter | All businesses are performing well $970 $930 $0.88 $0.82 YoY YoY 30% 27-33% Growth 49% 41-52% Growth Forecast Q2’26 Net Sales of $930M-$970M Forecast Q2’26 Non-GAAP EPS of $0.82-$0.88 1Non-GAAP
Slide 4: Q1 2026 Cash Metrics
Q1 2026 Cash Metrics | Successful capital investments are enabling organic revenue growth in Data Center and Networking ▪ We continue to generate solid cash flows from operations, enabling us to invest in our continued growth while maintaining a healthy net leverage ratio of 1.0 1Non-GAAP financial
Slide 5: Q1 2026 Backlog and Book to Bill
Q1 2026 Backlog and Book to Bill | Book to Bill improved year over year and Backlog growth supports future revenue growth ▪ Combined Book to Bill for Q1‘26 was substantially higher year over year, supporting forecasted revenue growth ▪ Commercial 90-Day Backlog strengthened year over year on book to
Slide 6: Q1 2026 End Market Net Sales
Q1 2026 End Market Net Sales | Aerospace and Defense and Data Center and Networking continue as key growth drivers | All end markets expected to continue year over year growth in Q2’26, with Automotive expecting further rationalization 6
Slide 7: Q1 2026 Financial Results and Q2 2026 Guidance
Q1 2026 Financial Results and Q2 2026 Guidance | Strong year on year improvements in key financial metrics forecasted to continue in Q2’26 Financial Metric Q1’26 Q1’25 Year on Year Change Q2’26 Guidance GAAP Metrics Net Sales $846.0 M $648.7 M $197.3 M, or 30% $930 - $970 M Gross Margin 21.4% 20.2%
Slide 8: We Thank You!
We Thank You!
Slide 9: Appendix
Appendix 9
Slide 10: Non-GAAP Reconciliations (In thousands, except per share data)
Non-GAAP Reconciliations (In thousands, except per share data) RECONCILIATIONS 2 First Quarter 2026 2025 Non-GAAP gross profit reconciliation3: GAAP gross profit $ 181,181 $ 130,972 Add back item: Amortization of definite-lived intangibles 2,335 2,335 Stock-based compensation 3,667 2,673 Unrealized
Slide 11: Non-GAAP Reconciliations (In thousands)
Non-GAAP Reconciliations (In thousands) First Quarter 2026 2025 Adjusted EBITDA reconciliation7: GAAP net income $ 49,988 $ 32,178 Add back items: Income tax provision 8,537 8,813 Interest expense 10,600 11,464 Amortization of definite-lived intangibles 9,224 9,224 Depreciation expense 29,292 26,863
Slide 12: Non-GAAP Reconciliations Footnotes
Non-GAAP Reconciliations Footnotes 2 This information provides a reconciliation of non-GAAP gross profit, non-GAAP operating income, non-GAAP net income, non-GAAP EPS, and adjusted EBITDA to the financial information in our consolidated condensed statements of operations. 3 Non-GAAP gross profit and