NN, Inc. operates as a diversified industrial enterprise specializing in the engineering, production, and distribution of high-precision components and intricate assemblies. Its operations are structured into two distinct segments: Mobile Solutions and Power Solutions. The Mobile Solutions segment focuses on crafting and supplying essential components for both general industrial applications and the automotive sector. These components find utility in a range of critical systems, including power steering, braking, transmissions, gasoline and diesel fuel injection, diesel emissions treatment, and heating, ventilation, and air conditioning (HVAC) systems. Conversely, the Power Solutions segment designs, produces, and markets a diverse array of high-precision metal and plastic components, sub-assemblies, and complete devices. These are integral to applications such as power regulation, flight management, and various military equipment. Key offerings within this segment encompass electrical contacts, connectors, contact assemblies, and precision stampings, serving a broad spectrum of end markets including electrical, general industrial, automotive, aerospace, defense, and medical. Additionally, it fabricates a variety of specialized tools and instruments specifically for the orthopaedics and broader medical/surgical fields. Established in 1980, NN, Inc. maintains its corporate headquarters in Charlotte, North Carolina.
NN, Inc. Reports Second Quarter 2026 Results
NN reported Q2 2026 net sales of $128.7 million, an increase of 19.3% year-over-year, driven by new business launches and higher volumes.
Adjusted EBITDA rose 36.1% to $17.9 million, prompting the company to raise its full-year outlook for sales to $460-$470 million and adjusted EBITDA to $55-$65 million.
Following the quarter end, NN completed a strategic refinancing that paid off approximately $89 million of preferred stock, a move the CEO described as a game-changing improvement to the balance sheet.