NN, Inc. raised its full-year 2026 financial guidance for the second time this year, reflecting strong commercial momentum and significant growth in its non-automotive markets. The update, detailed in a new investor presentation, highlights an improved outlook driven by new business wins in the Data Center, Defense & Electronics, and Medical sectors.
Key Details
- Raised 2026 Guidance (Midpoint): Net Sales increased to $470M (vs. $460M prior), Adjusted EBITDA to $60M (vs. $57M prior), and New Business Wins to $90M (vs. $85M prior).
- Strategic Growth Drivers: The company is targeting near-term sales of $120M in Data Center & Electric Grid, $90M in Defense & Electronics, and $40M in Medical products, shifting its portfolio mix away from legacy automotive business.
- Recent Contract Wins: Key new awards ramping up in the second half of 2026 include $15M in AI data center liquid cooling components and a multi-year agreement for firearms accessories expected to add $12M-$15M in annual sales.