NN Inc ( (NNBR) ) has released its Q3 earnings. Here is a breakdown of the information NN Inc presented to its investors.
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NN, Inc., a global diversified industrial company, specializes in engineering and manufacturing high-precision components and assemblies for various markets, with a strong presence in North America, South America, Europe, and China. In its third-quarter 2025 earnings report, NN, Inc. announced improvements in operating income, margin performance, and free cash flow, alongside growth in its Power Solutions segment. The company is actively pursuing strategic initiatives, including mergers and acquisitions and the refinancing of preferred equity, while addressing challenges in the global automotive market.
The company’s financial performance for the third quarter of 2025 showed net sales of $103.9 million, a decrease of 8.5% compared to the previous year, primarily due to the rationalization of underperforming business segments. However, NN, Inc. reported an improvement in gross margin to $17.5 million and adjusted operating income of $4.0 million, driven by cost-reduction programs and growth in the Power Solutions segment. The company also achieved a significant increase in free cash flow to $9.1 million, reflecting better working capital management.
NN, Inc. secured $11.3 million in new business wins during the third quarter, with strategic gains in North America across the automotive, fire protection, and aerospace & defense sectors. The company is launching new programs expected to generate a run-rate value of $48 million. Additionally, NN, Inc. has expanded its commercial team to support future growth, particularly in the electrical, medical, and defense markets.
Looking ahead, NN, Inc. remains focused on its transformation plan, which includes rationalizing its Mobile Solutions business and launching over 100 new business programs in 2025. The company anticipates improved market conditions in 2026, with growth expected in North American and European automotive markets, as well as in commercial vehicle production. NN, Inc. is committed to enhancing shareholder value through strategic acquisitions and operational efficiency initiatives, positioning itself for sustainable long-term growth.