Preliminary Q1 2026 Net Sales Expected to Exceed Annual Guidance Run-rate
Rhea-AI Summary
NN (NASDAQ: NNBR) expects preliminary Q1 2026 net sales to exceed prior year and its forecast, driven by a $43 million peak-annual-sales new awards concentration in Electric Grid and Data Center markets. The company raised 2026 new-business-wins guidance to $80–$90 million and sees net sales toward the top half of its $445–$465 million range.
The launch of 60+ new programs created a shippable backlog as orders outpaced production; Q1 results are preliminary and subject to closing procedures before May 6, 2026 earnings.
Positive
- $43M of Q1 new awards at peak annual sales
- Raised 2026 new-business-wins guidance to $80–$90M
- Net sales trending toward top half of $445–$465M guidance
- Launch of 60+ new programs created shippable backlog
Negative
- Orders outpaced production, creating backlog and potential near-term execution pressure
- Concentration of Q1 wins in Electric Grid and Data Center may increase exposure to those markets
News Market Reaction – NNBR
In the Apr 15 session, NNBR gained 26.11%, reflecting a significant positive market reaction. Argus tracked a peak move of +35.3% during that session. Our momentum scanner triggered 45 alerts that day, indicating elevated trading interest and price volatility. Trading volume was exceptionally heavy at 9.2x the daily average, suggesting very strong buying interest.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Mar 27 | Capacity acquisition | Positive | -3.2% | Acquisition of automated plating line to expand electric grid and data center capacity. |
| Mar 18 | AI growth update | Positive | +20.3% | Multi-year awards supplying liquid-cooling components for AI reasoning racks. |
| Mar 04 | Q4 and 2025 earnings | Negative | -5.2% | Reported 2025 net sales with GAAP net loss and 2026 revenue and EBITDA guidance. |
| Feb 19 | Earnings call notice | Neutral | -2.4% | Announcement of timing and access details for Q4 and full-year 2025 call. |
| Jan 20 | Board appointment | Positive | +2.1% | Appointment of Ted White to Board and Strategic Committee under Cooperation Agreement. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Shares often reacted positively to growth and AI/data center updates but have sometimes sold off on acquisitions and earnings despite growth-focused messaging.
Over recent months NNBR has highlighted a strategic shift toward Electric Grid, Data Center, and AI-related markets. On Mar 4, 2026, it reported $422.2M in 2025 net sales with a GAAP net loss and guided 2026 revenue to $445–$465M. Subsequent updates detailed AI infrastructure wins and an acquisition to expand busbar capacity, tying into a $70–$80M 2026 new-business target. The latest guidance increase to $80–$90M of 2026 wins builds directly on this growth narrative.
Key Terms
six sigma technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
NN Increases its 2026 New Business Wins guidance range to
CHARLOTTE, N.C., April 14, 2026 (GLOBE NEWSWIRE) -- NN, Inc. (“NN” or the “Company”) (NASDAQ: NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies with six sigma quality, today announced that its preliminary Q1 2026 net sales results are expected to demonstrate growth versus the prior year and the Company’s forecast.
The New Business program also delivered strong results in Q1. The Company was awarded approximately
The launch of more than 60 new programs has resulted in a shippable backlog as orders outpaced production during the quarter. These newly launched programs and traction in key end markets are positioning NN to drive strong net sales growth through 2026 and beyond. NN is maintaining its guidance range on net sales, expecting results to come in toward the top half of its original guidance range of
Harold Bevis, Chief Executive Officer and President of NN, Inc., commented, “NN’s sales are growing as expected and trending towards the high end of our previously guided range. Electric Grid, Data Center, Defense, and Electronics end markets are doing well, while global auto is stabilizing. Additionally, we are underway with industrializing a large portion of our previously awarded growth programs. This is expected to support our sales growth targets for 2026 and beyond. These sales are being produced through a lower cost operating model that is strengthening margins. With the large value of Electric Grid and Data Center new awards in Q1, we are increasing our guidance in this area to approximately
“We are targeting strong sales growth in 2026 and beyond as well as increasing the amount and share of non-commodity auto business at the Company. Overall, our end markets and customers are healthy while global auto undergoes changes. We are currently running ahead of both our 2026 and long-term goals. We look forward to providing more information on the performance of the business when we release Q1 2026 earnings, which is planned for May 6, 2026.”
The Company is finalizing its financial results for the quarter ended March 31, 2026. The above information is based on preliminary information and management’s estimates for the quarter ended March 31, 2026, and is subject to the Company’s financial statement closing procedures.
ABOUT NN’S GROWTH PROGRAM
NN is underway with an intentional program to grow sales, improve its profit profile, and reposition its end-market exposure. NN is pursuing several target markets that (1) require products that deliver safety critical functionality at scale; (2) fit the Company’s engineering and manufacturing platform; and (3) allow for higher, accretive margins due to delivering higher value. The targeted end-markets include:
- High-value auto parts – NN’s current #1 end market
- Electric grid and data center parts – NN’s current #2 end market, on a plan to become NN’s #1 end market
- Defense, weapons, and electronic parts
- Medical equipment parts
ABOUT NN
NN, Inc., a global diversified industrial company, combines advanced engineering and production capabilities with in-depth materials science expertise to design and manufacture high-precision components and assemblies for a variety of markets on a global basis. Headquartered in Charlotte, North Carolina, NN has facilities in North America, Europe, South America, and China. For more information about the Company and its products, please visit www.nninc.com.
Forward-Looking Statements
This press release contains express and implied forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding NN’s expect Q1 2026 net sales and expected new business wins and net sales for 2026 and other statements that are not historical facts. Forward-looking statements generally will be accompanied by words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “forecast,” “growth,” “guidance,” “intend,” “may,” “will,” “possible,” “potential,” “predict,” “project”, “trajectory” or other similar words, phrases or expressions. Forward-looking statements involve a number of risks and uncertainties that are outside of management’s control and that may cause actual results to be materially different from such statements. Such factors include, among others, those related to the preliminary nature of NN’s quarter ended March 31, 2026 financial information, which is subject to completion of normal quarter-ended accounting procedures and closing adjustments; the assumptions underlying NN’s new business wins guidance for fiscal 2026, general economic conditions and economic conditions in the industrial sector; material changes in the costs and availability of raw materials; the level of our indebtedness; our ability to secure, maintain or enforce patents or other appropriate protections for our intellectual property; and cyber liability or potential liability for breaches of our or our service providers’ information technology systems or business operations disruptions. The foregoing factors should not be construed as exhaustive and should be read in conjunction with the sections entitled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” included in the Company’s filings made with the U.S. Securities and Exchange Commission. The Company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law. New risks and uncertainties may emerge from time to time, and it is not possible for the Company to predict their occurrence or how they will affect the Company. The Company qualifies all forward-looking statements by these cautionary statements.
Investor Relations:
Joseph Caminiti or Abe Plimpton
NNBR@alpha-ir.com
312-445-2870
