Business UpdateMay 11, 2026, 09:32 AM
NN Inc. Raises FY 2026 Guidance; Sales $450-470M, Adj. EBITDA $52-62M
AI Summary
NN Inc. announced an updated investor presentation for its ROTH virtual roadshow, revealing a significant raise in its full-year 2026 financial guidance. The company now expects higher net sales, adjusted EBITDA, and new business wins, driven by strong Q1 performance and a positive forward outlook. This update also highlighted the acceleration of its 5-year value creation plan, moving long-term sales and EBITDA targets from 2030 to 2029, as it continues to strategically shift its portfolio towards high-growth markets like Electric Grid & Data Center and Defense & Electronics.
Key Highlights
- NN Inc. raised FY 2026 Net Sales guidance to $450-$470 million, up $10 million at midpoint.
- Adjusted EBITDA guidance for FY 2026 increased to $52-$62 million, up $2 million at midpoint.
- New Business Wins forecast for FY 2026 increased to $80-$90 million, up $10 million.
- Q1 2026 sales and adjusted EBITDA outperformed prior period with broad-based growth.
- Long-term goal for Net Sales of $600 million and Adjusted EBITDA of $80 million pulled in from 2030 to 2029.
- Portfolio shifting from Auto (65% in 2023 to 44% in Q1 2026) to Growth Markets (35% to 56%).
- Growth markets (Electric Grid & Data Center, Defense & Electronics, Medical) sales up +28% in Q1 2026 vs Q1 2025.