NN INC NNBR
NN, Inc., a Delaware corporation, is a diversified industrial company that combines advanced engineering and production capabilities with in-depth materials science expertise to design and manufacture high-precision components and assemblies for a variety of end markets on a global basis. As used in this Annual Report, the terms the "Company," "we," "our," or "us" refer to NN, Inc. and its subsidiaries. As of December 31, 2025, we had 27 facilities in North America, South America, Europe, and China.
Our enterprise and management structure is designed to accelerate growth and further balance our portfolio by aligning our strategic assets and businesses. Our businesses are organized into the Mobile Solutions and Power Solutions groups and are based principally on the end markets they serve.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- United States
- China
- Other Countries
- Brazil
- Mexico
- Germany
- Other
| Region | FY2025 | FY2024 |
|---|---|---|
| United States | $228.8M | $265.0M |
| China | $71.8M | $68.0M |
| Other Countries | $48.4M | $47.1M |
| Brazil | $41.4M | $44.3M |
| Mexico | $15.8M | $25.7M |
| Germany | $12.2M | $10.1M |
| Other | $3.8M | $4.1M |
As the company reported it, from the “Assets and Revenue by Geography (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $422.2M | $464.3M | $489.3M | $498.7M | $477.6M | $427.5M | $489.5M | $524.2M | $619.8M | $585.0M |
| Cost of revenue | — | — | — | — | — | — | — | $588.2M | — | — |
| Gross profit | — | — | — | — | — | — | — | -$64.0M | — | — |
| SG&A | $46.2M | $49.5M | $47.4M | $49.6M | $51.5M | $58.1M | $68.9M | $72.8M | $74.1M | $64.1M |
| Operating income | -$18.9M | -$27.5M | -$21.8M | -$21.1M | -$9.0M | -$117.5M | -$17.6M | -$195.0M | $31.8M | $34.8M |
| Interest expense | $22.4M | $22.1M | $21.1M | $15.0M | $12.7M | $18.9M | $13.0M | $11.3M | $52.1M | $62.9M |
| Pre-tax income | -$39.7M | -$45.4M | -$53.7M | -$31.1M | -$22.4M | -$152.1M | -$32.1M | -$208.4M | -$60.2M | -$30.9M |
| Income tax | $3.2M | $2.4M | $2.3M | $1.6M | $1.8M | $9.0M | $305.0K | $1.5M | $79.5M | $15.4M |
| Net income | $34.0M | $38.3M | $50.1M | -$26.1M | -$13.2M | -$100.6M | -$46.7M | -$263.0M | $162.2M | $6.7M |
| EPS, basic | -1.07 | -1.11 | -1.35 | -0.83 | -0.79 | -2.68 | -1.13 | -8.30 | 5.91 | 0.25 |
| EPS, diluted | -1.07 | -1.11 | -1.35 | -0.83 | -0.79 | -2.68 | -1.13 | -8.30 | 5.85 | 0.25 |
| Shares, diluted (wtd. avg.) | 49.4M | 48.7M | 46.7M | 44.7M | 44.0M | 42.2M | 42.0M | 31.7M | 27.8M | 27.0M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $11.4M | $18.1M | $21.9M | $12.8M | $28.7M | $48.1M | $31.7M | $18.0M | $224.4M | $14.4M |
| Receivables | $59.8M | $61.5M | $67 | $76 | $71.4M | $84.6M | $83.2M | $133.4M | $108.4M | $93.4M |
| Inventory | $66.0M | $61.9M | $71.6M | $80.7M | $75.0M | $62.5M | $67.1M | $120.9M | $82.6M | $67.1M |
| Total current assets | $164.0M | $167.6M | $182.6M | $191.7M | $196.3M | $215.2M | $303.0M | $296.2M | $477.3M | $282.3M |
| Property, plant and equipment | — | — | — | — | — | — | $374.5M | $361.0M | $259.3M | $230.1M |
| Goodwill | — | — | — | $0 | $0 | $0 | $94.8M | $94.5M | $454.6M | $443.5M |
| Other intangibles | $30.8M | $44.4M | $58.7M | $72.9M | $88.7M | $103.1M | $117.4M | $131.9M | $237.7M | $254.3M |
| Total assets | $440.8M | $456.9M | $510.9M | $546.1M | $579.1M | $625.0M | $1.54B | $1.50B | $1.47B | $1.36B |
| Accounts payable | $49.4M | $38.9M | $45.5M | $45.9M | $36.7M | $37.4M | $41.0M | $65.7M | $53.0M | $44.7M |
| Short-term debt | $5.8M | $5.0M | $3.9M | $3.3M | $3.1M | $4.9M | $19.1M | $31.3M | $17.3M | $12.8M |
| Total current liabilities | $89.8M | $83.9M | $81.6M | $78.8M | $74.0M | $103.2M | $139.5M | $145.0M | $108.4M | $140.2M |
| Long-term debt | $153.8M | $143.6M | $149.4M | $149.4M | $151.1M | $79.0M | $757.2M | $811.5M | $790.8M | $785.7M |
| Total liabilities | $294.4M | $288.9M | $308.1M | $295.2M | $301.1M | $265.7M | $1.10B | $1.08B | $988.9M | $1.05B |
| Retained earnings | -$367.6M | -$333.6M | -$295.3M | -$245.2M | -$219.1M | -$205.9M | -$105.3M | -$58.5M | $211.1M | $55.2M |
| Total equity | $34.0M | $74.5M | $125.0M | $186.3M | $224.2M | $254.2M | $353.3M | -$31.3M | $485.3M | $0 |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $5.7M | $11.1M | $29.3M | $7.7M | $15.6M | $15.5M | $49.2M | $40.9M | -$28.2M | $69.4M |
| Depreciation and amortisation | $35.9M | $45.3M | $46.1M | $47.2M | $46.2M | $45.7M | $44.9M | $43.0M | $52.4M | $50.7M |
| Stock-based compensation | $3.2M | $3.1M | $2.8M | $4.4M | $3.2M | $4.2M | — | — | — | — |
| Capital expenditure | $12.9M | $18.3M | $20.5M | $18.0M | $18.2M | $23.8M | $54.0M | $64.0M | $43.7M | $43.8M |
| Investing cash flow | -$11.0M | -$1.0M | -$17.6M | -$17.5M | -$36.1M | $719.3M | -$39.4M | -$461.3M | $282.5M | -$41.2M |
| Financing cash flow | -$2.5M | -$13.2M | -$2.9M | -$5.2M | $2.6M | -$714.9M | $5.3M | $215.1M | -$45.8M | -$24.5M |
| Dividends paid | — | — | — | — | $0 | $0 | $8.9M | $8.8M | $7.7M | $7.6M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000918541-26-000026.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $585.0M | $619.8M | $524.2M | $489.5M | $427.5M | $477.6M | $498.7M | $489.3M | $464.3M | $422.2M |
| Gross profit | — | — | -$64.0M | — | — | — | — | — | — | — |
| Net income | $6.7M | $162.2M | -$263.0M | -$46.7M | -$100.6M | -$13.2M | -$26.1M | $50.1M | $38.3M | $34.0M |
Recent filings and events
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Regulation FD disclosure Item 7.01
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Officer or director change Item 5.02
- Material agreement signed Item 1.01
- Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02
- Regulation FD disclosure Item 7.01
- Officer or director change Item 5.02
- Officer or director change Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 3540
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