Quarterly ResultAug 5, 2026, 04:32 PM
NN Q2 Net Sales Up 19.3% to $128.7M; Refinances Preferred Stock
AI Summary
NN, Inc. reported strong second-quarter 2026 results, with net sales increasing 19.3% to $128.7 million and adjusted net income surging 636.5% to $5.5 million. The company also announced a significant refinancing of its preferred stock, paying off approximately $89 million, which was enabled by sustained multi-year performance. Following these strong results, NN raised its full-year 2026 guidance for net sales and adjusted EBITDA, driven by its 5 Pillar growth program.
Key Highlights
- Q2 2026 net sales increased 19.3% to $128.7 million.
- Q2 2026 adjusted net income rose 636.5% to $5.5 million ($0.11 per diluted share).
- Q2 2026 adjusted EBITDA grew 36.1% to $17.9 million.
- Refinanced preferred stock, paying off approximately $89 million.
- Raised full-year 2026 net sales guidance to $460-$470 million.
- Raised full-year 2026 adjusted EBITDA guidance to $55-$65 million.
- Power Solutions Q2 net sales increased 39.5% to $62.3 million.
- Mobile Solutions Q2 net sales increased 5.0% to $66.6 million.
Price Impact
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