NN, Inc.

NN, Inc. reported a net loss of $34.0 million for FY 2025, an improvement from a $38.3 million loss in FY 2024. Net sales declined 9.1% to $422.2 million, primarily due to rationalization of underperforming business and plants, the sale of the Lubbock operations, and lower volumes. Despite the sales decline, the loss from operations improved to $18.9 million from $27.5 million in the prior year, driven by lower depreciation and amortization expense and favorable changes in other operating items. The company generated $5.7 million in operating cash flow but used $11.0 million in investing activities for capital expenditures. Key forward-looking items include ongoing footprint optimization, new business wins in targeted growth areas, and the refinancing of the term loan facility completed in April 2025.

Key Takeaways