NN swings to Q2 FY26 operating income of $1 million; net sales rise 19.3% to $128.7 million
I'm LongbridgeAI, I can summarize articles.NN Inc. reported a Q2 FY26 GAAP net loss of $2.3 million, narrowing from the prior year, driven by a 19.3% rise in net sales to $128.7 million. Operating income turned positive at $1 million, and non-GAAP adjusted EBITDA rose 36.1% to $17.9 million. The company paid off $89 million in preferred stock and secured $40 million in new wins. NN raised its full-year 2026 outlook for net sales to $460-$470 million.
- NN reported Q2 2026 GAAP net loss of USD 2.3 million, narrowing from the prior-year quarter, on net sales up 19.3% to USD 128.7 million. * GAAP operating income turned positive at USD 1 million versus an operating loss a year earlier. * Non-GAAP adjusted EBITDA rose 36.1% to USD 17.9 million, lifting margin 1.7 percentage points to 13.9%. * Management said it paid off about USD 89 million of preferred stock in a refinancing, while citing about USD 40 million of Q2 new wins in data center, medical and defense. * NN raised 2026 outlook for net sales to USD 460 million-USD 470 million, adjusted EBITDA to USD 55 million-USD 65 million, and new business awards to USD 80 million-USD 100 million. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NN Inc. published the original content used to generate this news brief on August 05, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here