NN swings to Q2 FY26 operating income of $1 million; net sales rise 19.3% to $128.7 million
NNBR•Q2 results improve on higher sales and profit
NN reported Q2 2026 GAAP net loss of $2.3 million, narrowing from the prior-year quarter, on net sales up 19.3% to $128.7 million.
GAAP operating income turned positive at $1 million versus an operating loss a year earlier.
Non-GAAP adjusted EBITDA rose 36.1% to $17.9 million, lifting margin 1.7 percentage points to 13.9%.
Refinancing and new business activity support outlook
Management said it paid off about $89 million of preferred stock in a refinancing, while citing about $40 million of Q2 new wins in data center, medical and defense.
NN raised 2026 outlook for:
- Net sales: $460 million-$470 million
- Adjusted EBITDA: $55 million-$65 million
- New business awards: $80 million-$100 million
