NN Inc. (NNBR) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
6210 ARDREY KELL ROAD CHARLOTTE, NC 28277 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 354 - Metalworking Machinery And Equipment (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 12,449 | 13,746 | 20,610 | 21,903 | 21,790 | 14,337 | |||
| Cash and cash equivalent | 12,449 | 13,746 | 20,610 | 21,903 | 21,790 | 14,337 | |||
| Receivables | 77,403 | 81,877 | 83,814 | 77,430 | 85,411 | 91,798 | |||
| Inventory, net of allowances, customer advances and progress billings | 69,600 | 68,291 | 72,718 | 71,563 | 70,917 | 77,386 | |||
| Inventory | 69,600 | 68,291 | 72,718 | 71,563 | 70,917 | 77,386 | |||
| Other current assets | 10,357 | 16,883 | 10,439 | 9,194 | 11,339 | 9,243 | |||
| Other undisclosed current assets | 4,095 | 4,545 | 5,957 | 2,464 | 3,800 | 4,653 | |||
| Total current assets: | 173,904 | 185,342 | 193,538 | 182,554 | 193,257 | 197,417 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 14,079 | 13,599 | |||||||
| Operating lease, right-of-use asset | 40,821 | 41,593 | 42,141 | 43,357 | 43,549 | 44,924 | |||
| Long-term investments and receivables | 39,843 | 36,330 | 34,409 | 32,701 | 29,131 | 31,570 | |||
| Long-term investments | 39,843 | 36,330 | 34,409 | 32,701 | 29,131 | 31,570 | |||
| Intangible assets, net (including goodwill) | 47,816 | 51,221 | 55,268 | 58,724 | 62,202 | 65,765 | |||
| Intangible assets, net (excluding goodwill) | 47,816 | 51,221 | 55,268 | 58,724 | 62,202 | 65,765 | |||
| Disposal group, including discontinued operation, noncurrent assets | 3,839 | ||||||||
| Deferred income tax assets | 1,177 | 771 | 734 | 734 | 164 | 102 | |||
| Other noncurrent assets | 6,590 | 10,386 | 7,087 | 7,003 | 6,688 | 6,395 | |||
| Other undisclosed noncurrent assets | 158,868 | 167,752 | 179,647 | 172,213 | 185,707 | 192,241 | |||
| Total noncurrent assets: | 309,194 | 311,892 | 319,286 | 328,331 | 327,441 | 340,997 | |||
| TOTAL ASSETS: | 483,098 | 497,234 | 512,824 | 510,885 | 520,698 | 538,414 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 60,556 | 60,698 | 68,137 | 61,468 | 62,930 | 65,218 | |||
| Accounts payable | 44,983 | 45,470 | 50,786 | 45,480 | 49,347 | 51,416 | |||
| Accrued liabilities | 15,573 | 15,228 | 17,351 | 15,988 | 13,583 | 13,802 | |||
| Debt | 10,741 | 8,041 | 7,014 | 5,957 | 6,699 | 6,810 | |||
| Disposal group, including discontinued operation | 2,398 | ||||||||
| Other liabilities | 14,126 | 16,739 | 14,464 | 10,506 | 13,483 | 13,630 | |||
| Other undisclosed current liabilities | 3,149 | 3,019 | 5,177 | 3,688 | 5,407 | 5,361 | |||
| Total current liabilities: | 88,572 | 90,895 | 94,792 | 81,619 | 88,519 | 91,019 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 135,548 | 150,694 | 151,531 | 149,369 | 145,892 | 148,636 | |||
| Long-term debt, excluding current maturities | 135,548 | 150,694 | 151,531 | 149,369 | 145,892 | 148,636 | |||
| Liabilities, other than long-term debt | 63,115 | 61,897 | 68,891 | 77,096 | 68,266 | 73,367 | |||
| Deferred income tax liabilities | 4,960 | 4,605 | 4,739 | 4,988 | 4,137 | 5,728 | |||
| Other liabilities | 14,154 | 12,214 | 18,349 | 24,827 | 16,288 | 18,490 | |||
| Operating lease, liability | 44,001 | 45,078 | 45,803 | 47,281 | 47,841 | 49,149 | |||
| Total noncurrent liabilities: | 198,663 | 212,591 | 220,422 | 226,465 | 214,158 | 222,003 | |||
| Total liabilities: | 287,235 | 303,486 | 315,214 | 308,084 | 302,677 | 313,022 | |||
| Equity | |||||||||
| Equity, attributable to parent | 106,574 | 108,436 | 116,141 | 125,002 | 143,726 | 154,444 | |||
| Common stock | 499 | 500 | 495 | 473 | 473 | 470 | |||
| Additional paid in capital | 459,245 | 462,410 | 464,081 | 457,632 | 460,382 | 462,525 | |||
| Accumulated other comprehensive loss | (40,525) | (44,386) | (40,550) | (37,755) | (42,322) | (38,801) | |||
| Accumulated deficit | (312,645) | (310,088) | (307,885) | (295,348) | (274,807) | (269,750) | |||
| Total equity: | 106,574 | 108,436 | 116,141 | 125,002 | 143,726 | 154,444 | |||
| Other undisclosed liabilities and equity | 89,289 | 85,312 | 81,469 | 77,799 | 74,295 | 70,948 | |||
| TOTAL LIABILITIES AND EQUITY: | 483,098 | 497,234 | 512,824 | 510,885 | 520,698 | 538,414 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 113,587 | 122,992 | 121,198 | 112,533 | 124,443 | 125,206 | ||
| Cost of revenue (Cost of Product and Service Sold) | (97,131) | (101,257) | (101,086) | (98,527) | (104,543) | (107,684) | ||
| Gross profit: | 16,456 | 21,735 | 20,112 | 14,006 | 19,900 | 17,522 | ||
| Operating expenses | (10,257) | (13,511) | (13,348) | (11,603) | (11,693) | (10,975) | ||
| Other operating income (expense), net | 895 | 1,390 | 1,000 | 1,131 | 631 | 956 | ||
| Other undisclosed operating loss | (10,844) | (11,761) | (12,547) | (11,477) | (11,577) | (11,550) | ||
| Operating loss: | (3,750) | (2,147) | (4,783) | (7,943) | (2,739) | (4,047) | ||
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | 5,315 | 3,461 | (4,153) | (8,760) | 1,463 | (5,641) | ||
| Interest and debt expense | (5,366) | (5,653) | (5,739) | (5,457) | ||||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (5,404) | (5,873) | ||||||
| Loss from continuing operations before equity method investments, income taxes: | (3,839) | (4,559) | (14,302) | (22,356) | (7,015) | (15,145) | ||
| Income from equity method investments | 2,185 | 2,141 | 2,271 | 2,719 | 1,713 | 1,093 | ||
| Loss from continuing operations before income taxes: | (1,654) | (2,418) | (12,031) | (19,637) | (5,302) | (14,052) | ||
| Income tax expense (benefit) | (903) | 215 | (506) | (904) | 245 | (325) | ||
| Net loss attributable to parent: | (2,557) | (2,203) | (12,537) | (20,541) | (5,057) | (14,377) | ||
| Preferred stock dividends and other adjustments | (3,977) | (3,843) | (3,670) | (3,504) | (3,347) | (3,196) | ||
| Net loss available to common stockholders, diluted: | (6,534) | (6,046) | (16,207) | (24,045) | (8,404) | (17,573) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (2,557) | (2,203) | (12,537) | (20,541) | (5,057) | (14,377) | ||
| Other comprehensive income (loss) | 3,861 | (3,836) | (2,795) | 4,567 | (3,521) | (2,823) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 1,304 | (6,039) | (15,332) | (15,974) | (8,578) | (17,200) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.