NN, Inc. reported second quarter net sales of $128.7 million, a 19.3% increase year-over-year, and adjusted EPS of $0.11, significantly beating analyst estimates. The company raised its full-year 2026 guidance for revenue, adjusted EBITDA, and new business wins, citing strong momentum from its strategic growth initiatives.

Key Highlights

  • Second quarter revenue increased 19.3% year-over-year to $128.7 million, driven by new business launches and higher volumes.
  • Adjusted EBITDA grew 36.1% to $17.9 million, with the adjusted EBITDA margin expanding by 170 basis points to 13.9%.
  • Full-year 2026 guidance was raised, with revenue now expected between $460 million and $470 million, and adjusted EBITDA between $55 million and $65 million.
  • The company secured approximately $40 million in new business wins during the quarter in its focus areas of Data Center, Medical, and Defense.