Q2 sales jump 19% as NN Inc (NNBR) raises 2026 goals
Rhea-AI Filing Summary
NN INC (NNBR) released an updated investor presentation for a virtual non-deal roadshow, highlighting strong 2026 guidance and recent operating momentum. For 2025, net sales were $422.2 million with non-GAAP adjusted EBITDA of $49.0 million (11.6% margin).
For 2026, midpoint guidance targets net sales of $470 million and adjusted EBITDA of $60 million, increases of 10% and 22% versus 2025. Q2 2026 net sales grew 19% year over year to $128.7 million, while adjusted EBITDA rose 36% to $17.9 million, with margin expanding to 13.9%. Growth is concentrated in data center and electric grid, defense and electronics, and medical markets, supported by multi-year program wins and an expanding global manufacturing footprint.
Positive
- Raised 2026 guidance midpoint to $470M net sales and $60M adjusted EBITDA, implying 10% and 22% growth over 2025.
- Q2 2026 delivered strong year-over-year growth with net sales up 19% to $128.7M and adjusted EBITDA up 36% to $17.9M.
- Non-auto end markets expanded to 60% of Q2 2026 sales from 35% in 2023, increasing exposure to higher-value sectors.
- Power Solutions segment achieved first-half 2026 net sales of $117.7M (up 40% Y/Y) with a robust 20% adjusted EBITDA margin.
Negative
- None.
Filing Explained
The
8-K Event Classification
2 items: 7.01, 9.01
2 items
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
2025 Net Sales: $422.2 million
2025 Adjusted EBITDA: $49.0 million
Q2 2026 Net Sales: $128.7 million
+5 more
8 metrics
2025 Net Sales
$422.2 million
GAAP net sales for FY 2025
2025 Adjusted EBITDA
$49.0 million
Non-GAAP adjusted EBITDA for FY 2025; 11.6% margin
Q2 2026 Net Sales
$128.7 million
Up 19% year over year from $107.9 million in Q2 2025
Q2 2026 Adjusted EBITDA
$17.9 million
Up 36% year over year from $13.2 million; 13.9% margin
1H 2026 Net Sales
$247.2 million
First half 2026 net sales, up 16% from $213.6 million
2026 Net Sales Guidance Midpoint
$470 million
New 2026 net sales guidance midpoint, 10% above 2025 actual
2026 Adjusted EBITDA Guidance Midpoint
$60 million
New 2026 adjusted EBITDA guidance midpoint, 22% above 2025
Power Solutions 1H 2026 Net Sales
$117.7 million
Segment net sales with 40% year-over-year growth
Key Terms
Adjusted EBITDA, non-GAAP financial measures, Trailing Twelve Months, basis pts, +1 more
5 terms
Adjusted EBITDA financial
"Non-GAAP adjusted EBITDA 49.0$ Non-GAAP adjusted EBITDA margin %"
Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.
non-GAAP financial measures financial
"We present both GAAP and non-GAAP financial measures in this presentation."
Non-GAAP financial measures are numbers companies use to show their financial performance that exclude certain expenses or income. They help investors see how the company might perform without one-time costs or other unusual items, giving a different perspective from official reports. However, since they can be adjusted, they don’t always tell the full story and should be looked at alongside standard financial figures.
Trailing Twelve Months financial
"TTM = Trailing Twelve Months"
Trailing twelve months is a rolling measure of a company’s financial performance that adds together the most recent four quarters of results to show how the business has done over the last 12 months, rather than a fixed fiscal year. Investors use it like checking a car’s last 12 months of fuel use to see current efficiency — it highlights recent trends, evens out seasonal swings, and provides an up-to-date basis for comparing and valuing companies.
basis pts financial
"Adj. Gross Margin % 19.5% 20.3% + 80 basis pts"
Adjusted gross margin financial
"Reconciliation of GAAP Gross Margin to Non-GAAP Gross Margin and Gross Margin %"
Adjusted gross margin is a measure of how much profit a company makes from its sales after accounting for certain expenses or one-time costs, but before deducting other operating expenses. It helps investors see the company's core profitability more clearly by removing factors that might distort the usual profit picture, similar to a runner measuring their speed without considering obstacles or weather. This metric provides a clearer view of the company's ongoing financial health.
FAQ
What did NNBR disclose in its August 20, 2026 Form 8-K?
NN INC (NNBR) announced it posted an updated investor presentation for a virtual non-deal roadshow. The materials outline 2025 results, raised 2026 guidance, segment performance, growth initiatives in data center, defense, and medical markets, and reconciliations of non-GAAP metrics.
How is NNBR performing financially in Q2 2026?
In Q2 2026, NN INC reported net sales of $128.7 million, up 19% year over year, and adjusted EBITDA of $17.9 million, up 36%. Adjusted EBITDA margin improved to 13.9%, compared with 12.2% in Q2 2025, reflecting stronger profitability.
What is NNBR’s 2026 financial guidance for sales and EBITDA?
For 2026, NN INC targets net sales of $460–$480 million with a midpoint of $470 million, and adjusted EBITDA of $55–$65 million with a midpoint of $60 million. These midpoints represent 10% net sales and 22% adjusted EBITDA growth versus 2025 actuals.
Which growth markets are driving NNBR’s strategy?
NN INC is focusing on Data Center & Electric Grid, Defense & Electronics, Medical, and high-value vehicle systems. Trailing twelve-month sales through Q2 2026 include $80M for Data Center & Electric Grid, $60M for Defense & Electronics, and $15M for Medical products.
How has NNBR’s revenue mix changed between auto and non-auto markets?
NN INC reports its revenue mix shifting toward non-automotive markets. In 2023, auto represented 65% and non-auto 35% of sales. By Q2 2026, auto declined to 40% while non-auto increased to 60%, emphasizing higher-value, diversified end markets.
What long-term financial goals has NNBR outlined?
NN INC’s multi-year roadmap targets $600 million in sales by 2029–2030, up from $422.2 million in 2025, with adjusted gross margin rising from 18.5% to 22%. Adjusted EBITDA is targeted to increase from $49.0 million to $85 million, lifting margin to 14%.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 20, 2026
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||
| (Address of principal executive offices) | (Zip Code) | |||||||
(Registrant’s telephone number, including area code)
(Former name or former address, if changed since last report)
Check the appropriate box if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): | |||||
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d- 2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e- 4(c)) | |||||
| Securities registered pursuant to Section 12(b) of the Act: | ||||||||||||||
| Title of each class | Trading symbol | Name of each exchange on which registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). | |||||
| Emerging growth company. | |||||
| If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ | |||||
ITEM 7.01 REGULATION FD DISCLOSURE
On August 20, 2026, NN, Inc., a Delaware corporation (the “Company”), posted an updated copy of the investor presentation to its website at https://investors.nninc.com. The presentation will be used at a virtual non-deal roadshow on August 20, 2026. A copy of this presentation is included as Exhibit 99.1 to this Current Report.
Pursuant to the rules and regulations of the U.S. Securities and Exchange Commission, the information furnished pursuant to this Item 7.01 of this Current Report (including Exhibit 99.1) is deemed to have been furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. Such information shall not be incorporated by reference into any other filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof, regardless of any general incorporation language in such filing.
The Company routinely uses its investor relations website (https://investors.nninc.com) to post presentations to investors and other important information, including information that may be material. Accordingly, the Company encourages investors and others interested in the Company to review the information it makes public on its investor relations website.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits.
| Exhibit No. | Description of Exhibit | |||||||
| 99.1 | NN, Inc. Virtual NDR Presentation August 2026 | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. | |||||
| Date: | August 20, 2026 | ||||
| NN, INC. | ||||||||
| By: | /s/ Christopher H. Bohnert | |||||||
| Name: | Christopher H. Bohnert | |||||||
| Title: | Senior Vice President and Chief Financial Officer | |||||||
NN, Inc. Investor Presentation August 2026
2 Forward Looking Statements This presentation may contain forward-looking statements regarding our business, operations, and financial performance. Such statements are based on current expectations and assumptions that are subject to a number of risks and uncertainties. Actual results could differ materially. Please refer to our most recently filed Form 10-K and our Form 10-Qs for the periods following that Form 10-K, including the risk factors described therein. We undertake no obligation to update any forward-looking statement, except as required by law. Given these risks and uncertainties, investors are cautioned not to place undue reliance on such forward-looking statements. We present both GAAP and non-GAAP financial measures in this presentation. A reconciliation of non-GAAP to GAAP measures is included in this presentation and in the most recent earnings press release, which is distributed and available to the public through our Investor Relations website located at investors.nninc.com/news-events/presentations.
3 Management in Attendance Harold Bevis Chief Executive Officer Chris Bohnert Chief Financial Officer Tim French Chief Operating Officer
4 NN at a Glance: Profitable Growth in High-Value Markets ▪ Breakout Profitable Growth - company is benefitting from multi- year program to generate profitable growth in targeted markets ▪ Partner with Leading OEMs – co-develop customized metal components and assemblies, using a shared and standardized global manufacturing and equipment footprint ▪ Multiple growth markets –Data Center & Electrical Grid, Defense & Electronics, Medical, High-Value Vehicle Systems ▪ Six Sigma Quality - deliver consistently exceptional quality at high- volume scale, with high use of automation, AI and robotics Net Sales* $470 Million (plus $100+ Million JV) Adj. EBITDA* $60 Million 13% Margin Key Markets Data Center & Electric Grid, Defense & Electronics, Medical New Business Wins* $90 Million *NN 2026 Midpoint Guidance, as of Q2 2026 9001:2015 13485:2016 I N P R O G R E S S C E R T I F I E D
5 ▪ Global footprint to serve both local customers and global customers ▪ Top end markets are vehicle parts, Data Center & Electric Grid, Defense & Electronics ▪ Top geographic markets are North America and China ▪ NN footprint matches the global supply chain for data center, electric grid and vehicle parts very well ▪ ~700 customers served from 27 facilities Footprint Aligned with End Market Growth & Supply Chains North America ~60% SALES ~40% EMPLOYEES 16 FACILITIES Europe ~11% SALES ~10% Employees 3 facilities South America ~10% SALES ~25% Employees 4 facilities ~19% SALES ~25% EMPLOYEES 4 FACILITIES CHINA
6 5 Pillar Growth Architecture High-Value Vehicle Parts • Curated product portfolio of demanding applications that require exceptionally precise parts, NN technology curve High-Value Stampings • Broad portfolio of precision stamped & plated parts, especially Smart Home applications like smoke detectors & alarm systems 2 Medical Equipment • Growing markets, very precise products, special equipment & team, recent marquee customer awards & launches 3 Defense and Electronics • Many robust weapon and electronics applications, many products, growing business, recent Tier 1 awards & launches 4 5 1 Data Center and Electric Grid • Fast-growing market and business, demanding applications for many NN products, recent liquid cooling new products
7 Growth Program Driving Portfolio Improvement Auto 65% Non-Auto 35% 2023 Auto 40%Non-Auto 60% Q2 2026% OF SALES Data Center & Electric Grid Medical Products Defense & Electronics $80M TTM sales Near-Term Target is $120M $15M TTM sales Near-Term Target is $40M $60M TTM sales Near-Term Target is $90M Top 3 Growth Markets TTM = Trailing Twelve Months
8 Liquid-cooled data centers start with NN components The data center liquid cooling value chain — from precision-machined part to deployed rack WHERE NN PLAYS 1 Precision Components NN Inc Mission-critical machined parts, engineered to spec 2 Connectors & Couplings Parts built into complete connector and coupling assemblies 3 Cooling Systems Cold plates, manifolds and CDUs form the thermal loop 4 Rack Integration Cabinets assembled and tested as complete systems 5 Data Center Racks installed and commissioned at scale NN-machined components are embedded in every downstream step of the chain >$20M Wins in 2026 $80M TTM Net Sales through Q2 2026 $120M Net Sales Target
9 Data Center and Electric Grid - Business Highlights Data Center and Electric Grid products are growing • ~$80 Million TTM Q2 Net Sales at accretive margins – near-term goal of $120 Million, multiple large opportunities being evaluated • NN’s 2nd largest market, many components & assemblies including components for transformers, electrical disconnects, circuit breakers, smart meters, liquid cooling systems connectors Recent News – Entry into Liquid cooling connector market for AI Data Center Racks • Large and growing market, NN focused upon establishing supply chain positions across multiple platforms and customers • Leveraging NN’s fluid management know-how and existing manufacturing footprint, many ramp-ups underway for 2nd Half Significant 2026 new awards for AI Data Center racks, ramping during 2nd Half 2026 • $15 Million of new awards in 2026 YTD, in ramp-up mode through year-end, prospecting opportunities are approaching $100 million • Already procuring and installing significant dedicated new capacity – 50 new CNC machine centers in NN’s Wuxi plant for Southeast Asia AI Data Center supply chains • Evaluating next steps for large-scale capacity increases – likely to build another plant in China
10 Defense and Electronics - Business Highlights Recent News - Entry into Tier 1 weapons business; ramping during 2nd Half 2026 • Multi-year agreement to produce firearms accessories for a leading U.S. brand owner • Expected to add $12–$15 Million in sales, starting Q3 2026, with many additional opportunities being evaluated • Many firsts - titanium machining, laser welding, advanced surface coatings, unique factory certifications Expanding the Defense and Electronics growth platform • 20+ new program wins over three years – valued at ~$30–$35 Million per year - and additional ~$75 Million working pipeline • NN’s existing customer base in Defense is growing strongly, and we are adding new customers Developing strong, fast-growing business in Defense & Electronics • ~$60 Million TTM Q2 Net Sales at accretive margins – near-term goal of $90 Million • NN supplies many critical components – examples include weapon components, guidance systems, and anti-drone munitions
11 Medical Products – Business Highlights New wins in robotic-assisted surgery equipment, ramping during 2nd Half 2026 • Qualified and received initial purchase orders for a leading robotic-assisted surgery platform • Cleared a critical full-facility audit at the Kentwood, Michigan plant, backed by a NN multi-year investment and new quality systems • This new large customer can effectively double the business alone – from $15 Million to $25–$30 Million Expanding the Medical Products growth platform • Medical new-business pipeline is now ~$75 Million overall • Awards across Ultrasound, Interventional Cardiology, Sports Medicine & Extremity, and Robotic-Assisted Surgery • Business is gaining momentum and NN now has a strong team in place • $15 Million TTM Q2 Net Sales, profit rate continues to improve – near term goal of $40 Million • High-precision manufacturer to medical equipment OEMs and medical instrument OEMs – precision metal parts Medical Products business is small, but gaining momentum
12 Q2 2026 Earnings Highlights +19% +16%+36% +35% $65M Q2 Y/Y Net Sales Growth 1st Half 2026 Y/Y Net Sales Growth Q2 Y/Y Adj. EBITDA Growth 1st Half 2026 Y/Y Adj. EBITDA Growth 1st Half 2026 New Business Awards All Divisions All Divisions All Divisions All Divisions All Divisions Preferred Stock Paydown and Refi Announced in August 2026
13 Q2 2026 Financial Results $17.9 $32.1 Adjusted EBITDA ($millions, except percentages) $128.7 $247.2 Net Sales ($millions, except percentages) ($millions, except percentages) Q2’25 Q2’26 Y/Y 1st Half 2025 1st Half 2026 Y/Y Net Sales $107.9 $128.7 + $20.8 $213.6 $247.2 + $33.6 Adj. Gross Margin $21.1 $26.1 + $5.0 $38.9 $49.2 + $10.3 Adj. Gross Margin % 19.5% 20.3% + 80 basis pts 18.2% 19.9% + 170 basis pts Adj. EBITDA $13.2 $17.9 + $4.7 $23.8 $32.1 + $8.3 Adj. EBITDA Margin % 12.2% 13.9% + 170 basis pts 11.1% 13.0% + 190 basis pts +19% +16% 14% 13%Y/Y Growth Adj. EBITDA Margin % Q2’26 Q2’26 1st Half ’26 1st Half ’26
14 Raised Guidance in Q1, and Again in Q2 ($millions, except percentages) 2026 Guidance Range 2026 Guidance Midpoint 2026 Guidance Range 2026 Guidance Midpoint New 2026 Midpoint vs. 2025 Actual Net Sales $450 - $470 $460 $460 - $480 $470 + 10% Adjusted EBITDA $52 - $62 $57 $55 - $65 $60 + 22% New Business Wins $80 - $90 $85 $80 - $100 $90 + 29% Prior 2026 Guidance in Q1’26 New 2026 Guidance in Q2’26 Key Notes 1) Assumes current base metal costs – steel, gold, silver, copper 2) Assumes current FX rate environment
15 Power Solutions Reporting Segment / Stamped Products $62.3 $117.7 Net Sales ($millions, except percentages) +40% +34%Y/Y Growth $12.7 $23.0 Adjusted EBITDA ($millions, except percentages) Adj. EBITDA Margin % 20% 20% Q2’26 Q2’26 1st Half ’26 1st Half ’26
16 Mobile Solutions Reporting Segment / Machined Products $66.6 $129.7 Net Sales ($millions, except percentages) +5% +3%Y/Y Growth $9.8 $18.0 Adjusted EBITDA ($millions, except percentages) Adj. EBITDA Margin % 15% 14% Q2’26 Q2’26 1st Half ’26 1st Half ’26
Multi-Year Roadmap – Long-Term Goals as of August 2026 17 • Add $80 - $100 million of New Business Growth per year, continue to wean lower margin legacy auto business as contracts expire, retool & convert equipment • Grow in Eletrical Grid & Data Center, Defense & Electronics, Medical, and High-Value Vehicle • Cost leadership blueprint is delivering with significant opportunities to improve – footprint, machines • Momentum is strengthening; NN is taking additional actions $422M $600M 2025 2029 2030 Sales & Adj. Gross Margin 18.5% 22% $49M $85M 2025 2029 2030 Adj. EBITDA & Margin 11.6% 14% ($millions, except percentages)
18 Summary NN’s commercial momentum is strong, growing in desirable targeted markets – Electrical Grid & Data Center, Defense & Electronics, Medical Business growth & operations program are driving margin and operating cashflow expansion 2026 balance sheet fixes enhance correlation of valuation to organic value creation 2026 financial & New Business Wins guidance has been raised twice Momentum still building for 2nd Half 2026 and 2027
19 Appendix
20 This presentation contains certain financial measures not presented in accordance with U.S. generally accepted accounting principles ("GAAP"), including adjusted gross margin, adjusted gross margin %, adjusted income from operations, adjusted EBITDA, adjusted EBITDA margin % (collectively, the "non-GAAP financial measures"). These non-GAAP financial measures are not calculated in accordance with GAAP and should not be considered in isolation from, or as a substitute for, the most directly comparable GAAP measures, and may not be comparable to similarly titled measures used by other companies. Management uses these non-GAAP financial measures, together with the comparable GAAP measures, to evaluate the Company's operating performance and underlying business trends across periods on a consistent basis, and to assist in operational and financial decision-making, including with respect to internal budgeting and resource allocation. Reconciliations of each non-GAAP financial measure to its most directly comparable GAAP measure are set forth in the tables accompanying this presentation. Non-GAAP Financial Measures Footnotes
21 Note: Totals may not foot due to rounding
22 Note: Totals may not foot due to rounding
23 Reconciliation of GAAP Gross Margin to Non-GAAP Gross Margin and Gross Margin % NN, Inc. Consolidated (in millions) FY 2025 Net sales 422.2$ Cost of sales (exclusive of depreciation and amortization) 362.8 GAAP gross margin 59.4 Personnel costs (1) 9.3 Facility costs (2) 6.3 Other 3.1 Adjusted gross margin 78.1$ Adjusted gross margin % (3) 18.5% Note: Totals may not foot due to rounding NN, Inc. Consolidated (in millions) FY 2025 GAAP income (loss) from operations (18.9)$ Professional fees 1.0 Personnel costs (1) 8.7 Facility costs (2) 9.8 Amortization of intangibles 13.6 Non-GAAP adjusted income from operations 14.2$ Non-GAAP adjusted operating margin % (4) 3.4% Depreciation 22.3 Other expenses (income), net 4.6 Non-cash foreign exchange (gain) loss on inter-company loans (0.8) Change in fair value of preferred stock derivatives and warrants (3.3) Share of net income from joint venture 8.9 Non-cash stock compensation 3.2 Non-GAAP adjusted EBITDA 49.0$ Non-GAAP adjusted EBITDA margin % (5) 11.6% GAAP net sales 422.2$ (1) Personnel costs include recruitment, retention, relocation, severance costs (2) Facility costs include costs of opening / closing facilities, relocation / exit of manufacturing operations (3) Non-GAAP adjusted gross margin % = Non-GAAP adjusted gross margin / GAAP net sales (4) Non-GAAP adjusted operating margin % = Non-GAAP adjusted income (loss) from operations / GAAP net sales (5) Non-GAAP adjusted EBITDA margin % = Non-GAAP adjusted EBITDA / GAAP net sales Reconciliation of GAAP Income (Loss) from Operations to Non-GAAP Adjusted Income from Operations and Non-GAAP Adjusted EBITDA and Adjusted EBITDA Margin %
Thank You 24