| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 118.45 | 12.1% |
| Total Income | 118.45 | 12.1% |
| Expenditure | 120.51 | 9.1% |
| PBT | -8.33 | 6.7% |
| Net Profit | -6.83 | 2.1% |
| OPM | -1.74% | 2.79pp |
| NPM | -5.76% | 0.56pp |
| EPS | -0.25 | 8.7% |
NN, Inc. Reports Q1 2026 Results: Net Sales Up 12.1%
07 May 2026 · 7 May, 2:57 am
Summary
NN, Inc. reported a strong start to 2026, with Q1 net sales increasing by 12.1% to $118.5 million. Adjusted EBITDA rose by 33.0% to $14.1 million, driven by improved sales mix and operating performance. The company is raising its full-year guidance for net sales to a range of $450 to $470 million and adjusted EBITDA to a range of $52 to $62 million. NN is also accelerating its long-term goal attainment, now expected in 2029 instead of 2030.
Key Highlights
- 1
NN, Inc. reported net sales of $118.5 million for Q1 2026, an increase of 12.1% compared to Q1 2025.
- 2
Gross profit for Q1 2026 increased by 38.3% to $19.4 million.
- 3
Adjusted EBITDA for Q1 2026 was $14.1 million, up 33.0% compared to the same period last year.
- 4
The company is raising full-year 2026 guidance ranges for net sales, adjusted EBITDA, and new business wins.
- 5
Adjusted income from operations increased by 183.5% to $5.8 million for the first quarter of 2026.
- 6
New business wins increased by 83% to $42.9 million in Q1 2026.
- 7
NN is estimating that 2030 targets will be achieved in 2029.
Management Comments
Harold Bevis
NN delivered a strong start to 2026, with first quarter results rising to the high side of expectations across many metrics, including sales growth, adjusted EBITDA, margin rates, and new business wins. Our performance is being strengthened by the success of our strategic growth programs that we have been internally funding. We are also benefitting from the results of our aggressive and ongoing operational improvements. Additionally, our sales growth programs continue to build momentum and increase velocity. NN’s progression into its targeted growth end markets and new products is working well as is our cost leadership blueprint. As a result of our strong first quarter and healthy forecasts for the remainder of the year, we are raising our guidance ranges for net sales, adjusted EBITDA, and new business wins targets. We are excited about our performance and look forward to reporting out on progress as we go along the journey to creating shareholder value.
Chris Bohnert
Given the strength of our first quarter results and solid outlook for the remainder of the year, we are modestly revising our guidance ranges. For fiscal 2026, we are now guiding net sales in the range of $450 million to $470 million and adjusted EBITDA in the range of $52 million to $62 million, reflecting solid growth versus prior year. Our current forecast and guidance is supported by strong results and momentum thus far in 2026. We are forecasting a continuation of this trend and Q2 is off to a good start.”
Informational and educational content only. Not investment advice.