NN INC
Business
NN, Inc. is a diversified industrial manufacturer of high-precision components and assemblies for automotive, electrical, aerospace, medical, and general industrial end markets. The company designs and manufactures system-critical parts using advanced machining, stamping, welding, and materials-science capabilities, serving customers globally through two business groups: Mobile Solutions (automotive and industrial components) and Power Solutions (electrical contacts, connectors, stampings, and medical instruments). NN operates 27 facilities across North America, South America, Europe, and China, selling primarily to large OEM and Tier 1 customers under multi-year product lifecycles with customer-funded tooling and development.
Summary from 10-K filed 2026-03-04
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net sales | 422 | 464 | 489 | 499 | 478 | |
| Cost of sales (exclusive of depreciation and amortization shown separately below) | 363 | 395 | 419 | 421 | 390 | |
| Selling, General and Administrative Expense | 46 | 49 | 47 | 50 | 51 | |
| Depreciation and amortization | 36 | 45 | 46 | 47 | 46 | |
| Other operating expense (income), net | −4 | 2 | −2 | 2 | −1 | |
| Loss from operations | −19 | −28 | −22 | −21 | −9 | |
| Interest expense | 22 | 22 | 21 | 15 | 13 | |
| Gain (Loss) on Extinguishment of Debt | 3 | 349,000 | 0 | 0 | 2 | |
| Other expense (income), net | −5 | −5 | 11 | −5 | −5 | |
| Loss before provision for income taxes and share of net income from joint venture | −40 | −45 | −54 | −31 | −22 | |
| Provision for income taxes | −3 | −2 | −2 | −2 | 2 | |
| Share of net income from joint venture | 9 | 10 | 6 | 7 | 6 | |
| Net loss | −34 | −38 | −50 | −26 | −13 | |
| Foreign currency translation gain (loss) | 10 | −9 | 1 | −8 | −1 | |
| Change in fair value, net of tax | 0 | 0 | −230,000 | 3 | 59,000 | |
| Reclassification adjustments included in net loss, net of tax | 0 | 1 | 2 | 420,000 | −3 | |
| Other comprehensive income (loss) | 10 | −10 | −635,000 | −5 | 2 | |
| Comprehensive loss | −24 | −49 | −51 | −31 | −11 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 11 | 18 | 22 | 13 | 29 | |
| Accounts receivable, net | 60 | 62 | 66 | 74 | 71 | |
| Inventories | 66 | 62 | 72 | 81 | 75 | |
| Income tax receivable | 13 | 13 | 12 | 12 | 12 | |
| Prepaid assets | 3 | 3 | 2 | 3 | 2 | |
| Other current assets | 11 | 11 | 9 | 9 | 7 | |
| Total current assets | 164 | 168 | 183 | 192 | 196 | |
| Property, plant and equipment, net | 159 | 162 | 186 | 198 | 209 | |
| Operating Lease, Right-of-Use Asset | 35 | 39 | 43 | 47 | 46 | |
| Intangible assets, net | 31 | 44 | 59 | 73 | 89 | |
| Investment in joint venture | 43 | 35 | 33 | 32 | 34 | |
| Deferred tax assets | 2 | 1 | 734,000 | 102,000 | 314,000 | |
| Other non-current assets | 8 | 7 | 7 | 5 | 4 | |
| Total assets | 441 | 457 | 511 | 546 | 579 | |
| Accounts payable | 49 | 39 | 45 | 46 | 37 | |
| Accrued salaries, wages and benefits | 14 | 20 | 15 | 12 | 18 | |
| Income tax payable | 553,000 | 659,000 | 524,000 | 926,000 | 2 | |
| Short-term debt and current maturities of long-term debt | 6 | 5 | 4 | 3 | 3 | |
| Operating Lease, Liability, Current | 6 | 6 | 6 | 5 | 6 | |
| Other Liabilities, Current | 14 | 13 | 11 | 12 | 9 | |
| Total current liabilities | 90 | 84 | 82 | 79 | 74 | |
| Deferred tax liabilities | 4 | 5 | 5 | 6 | 7 | |
| Long-term debt, net of current maturities | 154 | 144 | 149 | 149 | 151 | |
| Operating Lease, Liability, Noncurrent | 37 | 42 | 47 | 51 | 51 | |
| Other Liabilities, Noncurrent | 9 | 14 | 25 | 10 | 17 | |
| Total liabilities | 294 | 289 | 308 | 295 | 301 | |
| Commitments and contingencies (Note 12) | — | — | — | — | — | |
| Common stock - $0.01 par value per share, 90,000 shares authorized, 50,196 and 49,908 shares issued and outstanding at December 31, 2025 and 2024, respectively | 502,000 | 499,000 | 473,000 | 439,000 | 430,000 | |
| Additional paid-in capital | 440 | 456 | 458 | 468 | 475 | |
| Accumulated deficit | −368 | −334 | −295 | −245 | −219 | |
| Accumulated other comprehensive loss | −39 | −48 | −38 | −37 | −32 | |
| Total stockholders equity | 34 | 75 | 125 | 186 | 224 | |
| Total liabilities, preferred stock, and stockholders equity | 441 | 457 | 511 | 546 | 579 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net Income (Loss) | −34 | −38 | −50 | −26 | −13 | |
| Amortization of debt issuance costs and discount | 1 | 2 | 2 | 1 | 1 | |
| Paid-in-Kind Interest | 3 | 3 | 2 | 0 | 0 | |
| Impairments of property, plant and equipment | 0 | 7 | 0 | 0 | 0 | |
| Loss on extinguishment of debt | 3 | 349,000 | 0 | 0 | 2 | |
| Total derivative loss (gain), net of cash settlements | −3 | −1 | 12 | −5 | −3 | |
| Share of net income from joint venture, net of cash dividends received | −6 | −3 | −2 | −347,000 | −6 | |
| Gain on sale of business | 0 | −7 | 0 | 0 | −1 | |
| Share-based compensation expense | 3 | 3 | 3 | 4 | 3 | |
| Deferred income taxes | −961,000 | −690,000 | −1 | −2 | −5 | |
| Other | −792,000 | −1 | −785,000 | −3 | −3 | |
| Accounts receivable | 4 | −3 | 9 | −5 | 14 | |
| Inventories | −2 | 4 | 10 | −7 | −13 | |
| Other operating assets | 1 | −2 | −5 | −2 | — | |
| Income taxes receivable and payable, net | −837,000 | −662,000 | −89,000 | −1 | −5 | |
| Accounts payable | 11 | −4 | 1 | 9 | 343,000 | |
| Other operating liabilities | −9 | 7 | 3 | −2 | −3 | |
| Net cash provided by operating activities | 6 | 11 | 29 | 8 | 16 | |
| Acquisition of property, plant and equipment | −13 | −18 | −20 | −18 | −18 | |
| Proceeds from sale of property, plant, and equipment | 2 | 306,000 | 3 | 460,000 | 1 | |
| Proceeds received from sale of business | 0 | 17 | 0 | 0 | −4 | |
| Net cash used in investing activities | −11 | −1 | −18 | −17 | −36 | |
| Proceeds from asset backed credit facilities | 53 | 63 | 61 | — | — | |
| Repayments of asset backed credit facilities | −54 | −58 | −62 | — | — | |
| Proceeds from long-term debt | 119 | 0 | 0 | — | — | |
| Repayments of long-term debt | −116 | −38 | −3 | — | — | |
| Cash paid for debt issuance costs | −4 | −2 | −169,000 | −136,000 | −7 | |
| Proceeds from sale-leaseback of equipment | 1 | 8 | 0 | 0 | — | |
| Proceeds from sale-leaseback of land and buildings | 4 | 17 | 0 | 0 | — | |
| Repayments of financing obligations | −1 | −781,000 | 0 | 0 | — | |
| Other | −5 | −3 | 2 | −3 | −5 | |
| Net cash used in financing activities | −2 | −13 | −3 | −5 | 3 | |
| Effect of exchange rate changes on cash flows | 1 | −592,000 | 232,000 | −887,000 | −2 | |
| Net change in cash and cash equivalents | −7 | −4 | 9 | −16 | −19 | |
| Non-cash additions to property, plant and equipment | 2 | 3 | 3 | 1 | 4 | |
| Non-cash additions to debt issuance costs | 0 | 0 | 3 | 0 | 0 | |
| Notes Assumed | 1 | 0 | 0 | — | — | |
| Cash paid for interest, net of capitalized interest | 18 | 18 | 15 | 13 | 11 | |
| Income Taxes Paid | 5 | 4 | 3 | — | — | |
| Cash paid for income taxes | 5 | 4 | 3 | 5 | 8 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is NN INC's CIK number?
NN INC's SEC CIK number is 0000918541 (918541). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find NN INC's SEC filings?
All of NN INC's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did NN INC last report earnings?
NN INC (NNBR) most recently filed an earnings 8-K with the SEC on May 6, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000918541-26-000034). This is NN INC's most recent earnings filing of record — not a forecast of its next earnings date.
What is NN INC's most recent earnings 8-K?
NN INC's latest earnings 8-K (Item 2.02) was filed May 6, 2026 under accession 0000918541-26-000034. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View NN INC's latest earnings 8-K →
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