Quarterly ResultMay 6, 2026, 05:27 PM
NN Inc. Q1 Net Sales $118.5M (+12.1%); Adj. EBITDA $14.1M (+33.0%)
AI Summary
NN, Inc. reported strong first quarter 2026 financial results, with net sales increasing 12.1% to $118.5 million and adjusted EBITDA rising 33.0% to $14.1 million, both exceeding expectations. The company also raised its full-year 2026 guidance for net sales, adjusted EBITDA, and new business wins, and accelerated its long-term goal attainment by one year to 2029. This performance was driven by strategic growth programs in Electric Grid & Data Center, Defense & Electronics, and Medical markets, alongside operational improvements.
Key Highlights
- Q1 2026 Net sales: $118.5 million, up 12.1% from Q1 2025.
- Q1 2026 Adjusted EBITDA: $14.1 million, up 33.0% from Q1 2025.
- Q1 2026 Adjusted net income: $1.0 million, or $0.02 per diluted share.
- Q1 2026 Power Solutions net sales: $55.4 million, up 27.3%.
- Q1 2026 Mobile Solutions net sales: $63.1 million, up 1.4%.
- Full-year 2026 Net sales guidance raised to $450-$470 million.
- Full-year 2026 Adjusted EBITDA guidance raised to $52-$62 million.
- Long-term goal attainment accelerated to 2029 from 2030.
Price Impact
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