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
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.
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| CVR | CHICAGO RIVET & MACHINE CO | $9.9M | — | 3.3% |