The transient optical
response of plasmonic nanostructures has
recently been the focus of extensive research. Accurate prediction
of the ultrafast dynamics following excitation of hot electrons by
ultrashort laser pulses is of major relevance in a variety of contexts
from the study of light harvesting and photocatalytic processes to
nonlinear nanophotonics and the all-optical modulation of light. So
far, all studies have assumed the correspondence between the temporal
evolution of the dynamic optical signal, retrieved by transient absorption
spectroscopy, and that of the photoexcited hot electrons, described
in terms of their temperature. Here, we show both theoretically and
experimentally that this correspondence does not hold under a nonperturbative
excitation regime. Our results indicate that the main mechanism responsible
for the breaking of the correspondence between electronic and optical
dynamics is universal in plasmonics, being dominated by the nonlinear
smearing of the Fermi–Dirac occupation probability at high
hot-electron temperatures.