Segment Information (Tables)

12 Months Ended

Dec. 29, 2025

Reconciliations of net sales and segment operating income were as follows:


	For the Year Ended December 29, 2025
	A&D			Commercial			RF&S Components			Eliminations			Total
	(In thousands, except margin rates)
Net sales	$	1,281,536		$	1,584,851		$	39,958		$	—		$	2,906,345
Intersegment sales		10,987			850			56			(11,893	)		—
Segment sales	$	1,292,523		$	1,585,701		$	40,014		$	(11,893	)	$	2,906,345

	Net Sales			Cost of Goods Sold			Operating Expenses			Operating Income			Operating Margin
A&D	$	1,292,523		$	(988,792	)	$	(119,918	)	$	183,813			14.2	%
Commercial		1,585,701			(1,271,779	)		(75,141	)		238,781			15.1
RF&S Components		40,014			(19,640	)		(9,121	)		11,253			28.1
Total segment		2,918,238			(2,280,211	)		(204,180	)		433,847			14.9
Eliminations		(11,893	)								—
Unallocated amounts:
Restructuring											(2,847	)
Acquisition-related and other charges											(15	)
Stock-based compensation											(41,668	)
Other corporate expenses											(87,736	)
Amortization of definite-lived intangibles											(36,897	)
Consolidated	$	2,906,345									264,684			9.1	%
Interest expense											(45,334	)
Other, net											(9,013	)
Income before income taxes										$	210,337


	For the Year Ended December 30, 2024
	A&D			Commercial			RF&S Components			Eliminations			Total
	(In thousands, except margin rates)
Net sales	$	1,130,781		$	1,274,834		$	37,138		$	—		$	2,442,753
Intersegment sales		9,174			867			179			(10,220	)		—
Segment sales	$	1,139,955		$	1,275,701		$	37,317		$	(10,220	)	$	2,442,753

	Net Sales			Cost of Goods Sold			Operating Expenses			Operating Income			Operating Margin
A&D	$	1,139,955		$	(883,450	)	$	(114,705	)	$	141,800			12.4	%
Commercial		1,275,701			(1,029,647	)		(66,272	)		179,782			14.1
RF&S Components		37,317			(19,139	)		(9,512	)		8,666			23.2
Total segment		2,452,973			(1,932,236	)		(190,489	)		330,248			13.5
Eliminations		(10,220	)								—
Unallocated amounts:
Restructuring											(11,200	)
Impairment of goodwill											(32,600	)
Gain on sale of property, plant, and equipment											15,669
Acquisition-related and other charges											(14,524	)
Stock-based compensation											(29,780	)
Other corporate expenses											(96,878	)
Amortization of definite-lived intangibles											(44,892	)
Consolidated	$	2,442,753									116,043			4.8	%
Interest expense											(47,515	)
Other, net											15,421
Income before income taxes										$	83,949


	For the Year Ended January 1, 2024
	A&D			Commercial			RF&S Components			Eliminations			Total
	(In thousands, except margin rates)
Net sales	$	1,030,491		$	1,163,555		$	38,521		$	—		$	2,232,567
Intersegment sales		15,492			1,117			98			(16,707	)		—
Segment sales	$	1,045,983		$	1,164,672		$	38,619		$	(16,707	)	$	2,232,567

	Net Sales			Cost of Goods Sold			Operating Expenses			Operating Income			Operating Margin
A&D	$	1,045,983		$	(847,452	)	$	(103,510	)	$	95,021			9.1	%
Commercial		1,164,672			(930,144	)		(63,149	)		171,379			14.7
RF&S Components		38,619			(17,540	)		(10,124	)		10,955			28.4
Total segment		2,249,274			(1,795,136	)		(176,783	)		277,355			12.3
Eliminations		(16,707	)								—
Unallocated amounts:
Restructuring											(24,352	)
Impairment of goodwill											(44,100	)
Gain on sale of property, plant, and equipment											195
Acquisition-related and other charges											(4,529	)
Stock-based compensation											(22,887	)
Other corporate expenses											(77,790	)
Amortization of definite-lived intangibles											(61,576	)
Consolidated	$	2,232,567									42,316			1.9	%
Interest expense											(48,124	)
Loss on extinguishment of debt											(1,154	)
Gain on sale of subsidiary											1,270
Other, net											5,989
Income before income taxes										$	297

Depreciation expense by reportable segment was as follows:

Net sales are attributed to countries by the invoiced location and were as follows:

Long-lived assets include property, plant, and equipment, goodwill, and definite-lived intangibles and were as follows:

TTM TECHNOLOGIES INC 10-K