NNBR · NN, Inc.

NN, Inc. reported preliminary Q1 2026 results indicating strong operational momentum, with net sales expected to exceed the Company's forecast and demonstrate year-over-year growth. While specific financial figures for the quarter were not disclosed pending finalization of closing procedures, management confirmed that sales are trending toward the top half of the previously guided range of $445 million to $465 million. This performance is supported by the launch of over 60 new programs, which has created a shippable backlog as orders outpaced production during the quarter.

A significant development in the report is the increase in full-year 2026 new business wins guidance. Initially undisclosed, the guidance has been raised to a range of $80 million to $90 million, driven by approximately $43 million in new awards secured in Q1 alone. These wins are heavily concentrated in the Electric Grid and Data Center markets, aligning with the Company's strategic initiative to reposition its portfolio away from commodity automotive markets toward secular high-growth areas. CEO Harold Bevis highlighted that the Company's lower cost operating model is strengthening margins, and the industrialization of previously awarded growth programs is expected to sustain sales growth targets through 2026 and beyond. The Company plans to release complete Q1 2026 earnings results on May 6, 2026.