PT$^2$-LLM: Post-Training Ternarization for Large Language Models

Large Language Models (LLMs) have shown impressive capabilities across diverse tasks, but their large memory and compute demands hinder deployment. Ternarization has gained attention as a promising compression technique, delivering substantial size reduction and high computational efficiency. However, its potential in the post-training quantization (PTQ) setting remains underexplored, due to the challenge of training-free parameter optimization and the quantization difficulty posed by outliers and dispersed weights. To address these issues, we propose PT$^2$-LLM, a post-training ternarization framework tailored for LLMs. At its core is an Asymmetric Ternary Quantizer equipped with a two-stage refinement pipeline: (1) Iterative Ternary Fitting (ITF), which alternates between optimal ternary grid construction and flexible rounding to minimize quantization error, and (2) Activation-aware Grid Alignment (AGA), which further refines the ternary grid to better match full-precision outputs. In addition, we propose a plug-and-play Structural Similarity-based Reordering (SSR) strategy that leverages inter-column structural similarity to ease quantization and mitigate outlier effects, further enhancing overall performance. Extensive experiments demonstrate that PT$^2$-LLM delivers competitive performance against state-of-the-art (SOTA) 2-bit PTQ methods with lower memory cost, while also accelerating both prefill and decoding to achieve end-to-end speedup. We will release all the code and models of PT$^2$-LLM.