Quarterly ResultOct 28, 2026, 05:21 PM
NN, Inc. Q3 Net Sales Up 26.2% to $131.1M; Raises 2026 Outlook
AI Summary
NN, Inc. announced its third quarter 2026 financial results, reporting a 26.2% increase in net sales to $131.1 million and a 49.7% rise in adjusted EBITDA to $18.5 million compared to the prior year. The company also raised its full-year 2026 financial guidance for both net sales and adjusted EBITDA, reflecting strong performance and momentum. Key growth drivers include the Data Center, Defense, and Medical markets, with significant new business wins and ongoing strategic initiatives to pivot the portfolio towards high-growth, high-value segments. The company also highlighted the successful completion of its balance sheet transformation, which has provided enhanced financial flexibility.
Key Highlights
- NN, Inc. reported Q3 2026 net sales of $131.1 million, a 26.2% increase year-over-year.
- Adjusted EBITDA for Q3 2026 was $18.5 million, up 49.7% compared to Q3 2025.
- The company raised its full-year 2026 guidance for net sales to $480-$500 million and adjusted EBITDA to $64-$68 million.
- New business wins are expected to range between $110 to $130 million for 2026.
- Net sales for the Power Solutions segment increased by 40.6% to $63.2 million in Q3 2026.
- Mobile Solutions segment net sales grew 15.3% to $68.2 million in Q3 2026.
- NN, Inc. completed a transformation of its balance sheet, paying off preferred stock and raising capital.
Price Impact
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