NN reports Q2 2026 results and raises full-year outlook
Net sales grew 19.3% to $128.7 million, adjusted EBITDA rose 36.1%, and the company refinanced $89 million of preferred stock.
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Precision component manufacturer
nninc.comLast updated
In short: NN raised 2026 guidance, expanded NVIDIA liquid-cooling capacity, and posted Q2 sales growth with a $124M refinancing.
Net sales grew 19.3% to $128.7 million, adjusted EBITDA rose 36.1%, and the company refinanced $89 million of preferred stock.
It reduces about $89 million of preferred stock via a PIPE sale and stock exchange, and refinances the remaining $35 million at 10% with a $5 million redemption discount.
Financial results for the quarter ended June 30 will be released after market close on August 5, with a call on August 6 at 9:00 a.m. ET.
The company secured new awards with a leading firearms provider and expects $12-15M in sales from this new business.
On September 22, 2026, NN, Inc. raised its full-year 2026 guidance ranges for net sales and adjusted EBITDA, signaling stronger than previously expected performance. The...
Lake Street analyst Robert Brown maintained a Buy rating on NN today and set a price target of $7.00. Unlock powerful investing tools with TipRanks...
(NNBR) on Wednesday reported a loss of $2.3 million in its second quarter.
NN has refinanced the remaining $35 million of preferred stock at a reduced interest rate of 10% for one year, as well as a new...
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