Welcome to our dedicated page for Nn news (Ticker: NNBR), a resource for investors and traders seeking the latest updates and insights on Nn stock.
NN, Inc. reports developments tied to its role as a global diversified industrial manufacturer of high-precision components and assemblies. The company engineers and manufactures parts for automotive, electric grid and data center equipment, general industrial, medical, aerospace and defense, and related end markets through Mobile Solutions and Power Solutions activities.
Recurring NNBR news includes quarterly operating results, adjusted EBITDA and sales guidance, new business awards, customer programs, and the company's shift toward higher-value applications such as electric grid equipment, data center infrastructure, liquid-cooling products, silver-plated busbars and terminals, and safety-critical auto parts. Updates also cover capital resources, equipment acquisitions, investor presentations, and end-market growth initiatives.
NN (NASDAQ: NNBR) reported Q2 2026 net sales of $128.7 million, up 19.3% year over year, driven by new business launches, higher volumes, precious metal pass-through pricing and favorable FX. Income from operations improved to $1.0 million from a $1.5 million loss, while GAAP net loss narrowed to $2.3 million from $8.1 million.
Adjusted results strengthened: adjusted EBITDA rose 36.1% to $17.9 million (13.9% margin), adjusted income from operations reached $8.5 million, and adjusted net income increased to $5.5 million or $0.11 per diluted share. Power Solutions net sales grew 39.5% to $62.3 million, while Mobile Solutions net sales increased 5.0% to $66.6 million but posted a $1.9 million operating loss.
According to NN, its 5 Pillar growth program delivered about $40 million in Q2 wins across Data Center, Medical and Defense, with a Data Center pipeline exceeding $50 million. Year-to-date, over 100 new programs valued at roughly $80 million per year were awarded. The company raised 2026 guidance to net sales of $460–$470 million, adjusted EBITDA of $55–$65 million, and new business wins of $80–$100 million. NN also stated it completed a refinancing of preferred stock put in place over five years ago, including paying off approximately $89 million of that preferred stock and adding new institutional investors.
NN (NASDAQ: NNBR) announced a negotiated refinancing and deleveraging transaction involving its $124 million Series D preferred stock held by funds managed by Morgan Stanley Tactical Value. The 3-part deal uses equity and refinancing to reduce preferred obligations and adjust the capital structure.
NN has redeemed $70 million of preferred using cash from a previously announced $75 million PIPE common stock financing completed in July 2026, and exchanged approximately $19 million of preferred into common stock under an agreement with Morgan Stanley Tactical Value. The remaining $35 million of preferred has been refinanced at a 10% interest rate for one year, with a potential $5 million discount if fully redeemed by December 31, 2026. According to NN, this materially reduces about $89 million of preferred stock, strengthens the balance sheet and supports a more favorable outlook for refinancing its secured term loan debt at a lower cost of capital.
NN (NASDAQ: NNBR) will release its second quarter 2026 financial results for the period ended June 30, 2026, after market close on Wednesday, August 5, 2026. A related earnings conference call will be held on Thursday, August 6, 2026 at 9:00 a.m. ET.
Participants may join by dialing +1 833-461-5787 (domestic) or +1 585-542-9983 (international) and entering Conference ID 186058461, or via live webcast through the Investor Relations section of the company’s website. A replay will be available on the website through August 6, 2027.
NN (NASDAQ: NNBR) announced entry into the U.S. Tier 1 contract manufacturing market for firearm components, supported by turnkey manufacturing, collaborative product development, additive manufacturing, high-volume titanium machining, laser welding, and advanced surface treatments. NN has signed a contract manufacturing agreement to mass-produce completed firearms products for a leading U.S. firearms provider.
The new firearms business, part of NN’s Defense & Electronics growth program, will begin in Q3 and ramp through 2028, and is expected to add $12–$15 million in sales. Including these awards, NN has secured 20+ new programs worth >$30–$35 million per year over the last three years and reports a $75 million opportunity pipeline in Defense & Electronics. The Defense & Electronics business is nearly $60 million in sales with a five-year goal of $100 million. NN now operates 8 ITAR-compliant plants and is adding ATF, FFL, CMMC Tier 2, and TISAX Tier 2 credentials. Individual firearms products in this program are priced at $200–$500 each. Management plans to consider this win when updating 2026 guidance with Q2 2026 earnings on August 6.
NN (NASDAQ: NNBR) reported a breakthrough in its Medical Products business by becoming a qualified supplier and receiving initial purchase orders for components used in a leading robotic-assisted surgery platform.
According to NN, its medical new business pipeline increased by about $25 million to roughly $75 million, within a corporate new business pipeline of over $750 million.
NN (NASDAQ: NNBR) entered a securities purchase agreement for a $75.0 million PIPE private placement, expected to close on or about July 2, 2026, subject to customary conditions.
NN will issue 24,509,804 common shares at $3.06 per share and plans to use net proceeds for working capital and general corporate purposes, including potential balance sheet optimization. The securities are unregistered under the Securities Act, and NN agreed to file an SEC registration statement to register resale of the shares.
NN (NASDAQ: NNBR) announced significant new multi-year awards for stainless-steel liquid cooling products used in NVIDIA AI data center racks. The Data Center & Electric Grid segment is already NN’s 2nd largest business, and these awards expand its liquid-cooled portfolio.
NN is adding 47 CNC machine centers at its Wuxi, China plant (30 new, 17 previously announced, plus 5 repurposed automotive lines), targeting 52 dedicated machines for liquid cooling products, with 100% of capacity pre-sold. The expansion is underway in Q2 2026, will be additive to 2026 sales, and aligns with guidance for $80–$90 million of accretive new business in 2026.
NN (NASDAQ: NNBR) appointed Robert Esch as President & Chief Technical Officer, Machined Products, effective June 8, 2026.
Esch has led NN’s machined products technical and business development for years and will oversee former Mobile Solutions operations across North America, South America and Europe while retaining global technical leadership.
NN, Inc. (NASDAQ: NNBR) reported Q1 2026 net sales of $118.5 million, up 12.1% year-over-year, and adjusted EBITDA of $14.1 million, up 33.0%. GAAP net loss was $6.8 million or $(0.25) per share. The company raised full‑year guidance to $450–$470M net sales and $52–$62M adjusted EBITDA, and moved expected long‑term target attainment from 2030 to 2029.
NN cites strength in Electric Grid & Data Center, Defense & Electronics, and Medical end markets, continued operational improvements, and expanded product launches driving results and new multi‑year awards.
NN (NASDAQ: NNBR) said it has been notified that a CARES Act refund of >$10 million has been processed for payment by the IRS. The company plans to use proceeds for general purposes and to offset a $10 million Q1 2026 borrowing for capital equipment and working capital. NN is finalizing Q1 financials and will update its financial outlook on May 6, 2026.