NN Inc

NN, the industrial components supplier trading under the ticker NNBR, raised its full-year 2026 guidance ranges for net sales and adjusted EBITDA after reporting second-quarter results that beat Wall Street estimates. Revenue reached $128.7 million, a 19.3% year-over-year increase that topped the $116.1 million analyst consensus by 10.9%, while adjusted earnings of $0.11 per share crushed the $0.01 consensus estimate. Operating margin flipped to a positive 0.8% from negative 1.4% a year earlier, helping drive adjusted EBITDA to $17.94 million, a 13.9% margin that beat expectations by 29%, and free cash flow came in at $15.19 million versus a cash burn of $4.42 million in the prior-year period. Management lifted its full-year revenue guidance midpoint to $465 million from $460 million and set full-year adjusted EBITDA guidance at a midpoint of $60 million, ahead of the $56.5 million analyst consensus. Shares jumped 16% in the morning session on the news.

NN, Inc. announced it is raising its full-year 2026 guidance ranges for Net Sales and Adjusted EBITDA. The precision manufacturer now expects Net Sales of $470 million to $490 million, up from its prior range of $460 million to $480 million, and Adjusted EBITDA of $58 million to $68 million, up from $55 million to $65 million. At the midpoint, the updated Net Sales guidance of $480 million is up $58 million, or 14%, versus full-year 2025 Net Sales, while the updated Adjusted EBITDA midpoint of $63 million is up $14 million, or 29%, versus full-year 2025 Adjusted EBITDA. Chief Executive Officer Harold Bevis said the business continues to build momentum as it ramps up in its key growth markets of Data Center, Defense & Electronics, and Medical, and that year-to-date results and the year-to-go forecast underpin the improved guidance. NN, Inc. will provide additional detail and updated guidance when it reports third quarter 2026 results on October 28, 2026.

NN, Inc. shares climbed 8% on Monday after the precision components manufacturer announced new contract manufacturing agreements to supply firearms components to a leading U.S. firearms company. The agreements mark the company's entry into Tier 1 contract manufacturing for firearm components, with expected revenue contribution between $12 million and $15 million beginning in the third quarter and expanding through 2028. The newly awarded components are expected to carry unit prices ranging from $200 to $500, making them the highest-value products currently manufactured by the company. The firearms manufacturing agreements form part of NN's broader Defence & Electronics growth strategy, which has secured more than 20 new programmes with an estimated annual value of between $30 million and $35 million over the past three years. The company expects to provide updated 2026 sales and adjusted EBITDA guidance when it reports second-quarter financial results on August 6.

NN, Inc. announced a major expansion of its liquid cooling production for NVIDIA AI data center racks, adding 47 new machine centers in its Wuxi, China plant with 100% of this new capacity already pre-sold and tied to multi-year, multi-product awards. The move deepens NN's role in NVIDIA's Asia supply chain while repurposing legacy automotive capacity and targeting US$80–US$90 million of accretive new business in 2026. The fully pre-sold expansion reinforces the near-term growth catalyst of new program ramp-ups, but does not remove execution and balance sheet risks. NN's removal from the Russell Microcap Value Index in late June 2026 could affect trading liquidity and share price volatility, contrasting with improving commercial momentum tied to AI racks.