NN INC (NNBR) Form 10-Q — Oct 28, 2026
NN Inc.'s Q3 2026 net sales rose 26.2% year-over-year to $131.1 million, driven by higher selling prices, higher volumes, and favorable FX, with Power Solutions segment sales up 40.6%. Net loss narrowed to $4.6 million ($0.13 per share) from $6.7 million a year earlier, though the company remains unprofitable and its Term Loan carries a 13.75% rate including PIK interest. The quarter's dominant event is the capital-structure overhaul: a July private placement of 24.5 million shares raised $70.4 million net, funding a $70.0 million redemption of most Series D Preferred Stock in August.
Key figures
- Revenue
- 131100000
- Total Debt
- 168813000
- Revenue Yoy
- 26.2%
- Total Assets
- 450894000
- Cash Position
- 12290000
- Shares Outstanding
- 93744244
- Term loan rate
- 13.75% including PIK
- Care act refund
- 12700000
- Q3 2025 revenue
- 103882000
- Abl availability
- 34700000
- Final redemption
- 30700000
- Nine month revenue
- 378293000
- Effective tax rate q3
- -31.9%
- Prefred redeemed cash
- 70000000
- October placement price
- 3.3
- July private placement gross
- 70400000
- July private placement shares
- 24509804
- October private placement net
- 49800000
- Operating cash flow nine month
- 16896000
- October private placement gross
- 53100000
AI analysis
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