NNBR earnings analysis
What we found in NNBR's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
NN, Inc. reported revenue of $118.5 million for Q1 2026, a significant increase of 12.1% compared to $105.7 million in Q1 2025, but the net loss worsened slightly to $6.8 million from $6.7 million year-over-year. Gross margin increased to 16.3%, reflecting cost control measures, while operating losses improved from $4.8 million to $2.1 million. On a segment basis, Power Solutions saw a robust growth of 27.3%, outperforming Mobile Solutions, which reported modest growth of 1.4%.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Revenue Growth of 12.1% Year-over-Year
- Revenue reached $118.5 million, up from $105.7 million in Q1 2025, demonstrating strong business momentum.
- Improved Loss from Operations
- Loss from operations decreased to $2.1 million from $4.8 million, indicating better operational efficiency.
- Power Solutions Segment Surged
- Power Solutions net sales rose by $11.9 million, or 27.3%, reflecting strong market demand.
- Operational Cost Control
- Selling, general, and administrative expenses rose by only 18.9%, which is favorable given the revenue increase.
- Increased Working Capital
- Working capital improved by $9.4 million, driven by higher accounts receivable.
- Raising Guidance for New Business Wins
- Management raised 2026 new business wins guidance from the previous $80-$90 million.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Increased Interest Expense
- Interest expense increased to $5.8 million from $5.2 million, primarily due to higher average debt balances and interest rates.
- Continued Net Loss
- Despite increased sales, NN incurred a net loss of $6.8 million compared to a loss of $6.7 million in 2025.
- Dependence on Macroeconomic Stability
- Macroeconomic volatility, including inflation and international trade, poses ongoing risks to profitability.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $-0.05
- Gross margin
- 16.3%
- Operating margin
- -1.7%
- Segment
- Mobile Solutions: $63.1 million
- Segment
- Power Solutions: $55.4 million
What they said about what is next.
Outlook deferred to earnings press release / call.
The filing reads better than the one before it.
What came before.
- 10-K · March 4, 2026
- NN, Inc. (NNBR) presents a precision-manufacturing strategy organized into Mobile Solutions and Power Solutions, leveraging 27 global facilities and ~1.5 million sq. ft. of manufacturing to serve blue-chip customers…
- 10-Q · August 7, 2025
- NN, Inc. reported Q2 net sales of $107,921,000 (down $15,071,000 or ~12.3% vs Q2 2024) and a quarterly net loss of $8,102,000 (loss per share $0.26). Power Solutions was the stronger segment (operating income…
- 10-K · March 6, 2025
- NN, Inc. positions itself as a high-precision, high-volume contract manufacturer organized into two reportable segments (Mobile Solutions and Power Solutions) with a global footprint of 26 facilities and more than 1.7…
- 10-Q · August 7, 2024
- NN, Inc. reported Q2 net sales of $122.992 million, down $2.214 million year-over-year but up $1.794 million versus Q1 2024. Gross margin expanded to ~17.7% and operating loss narrowed to $(2.147) million, driving EPS…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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