NN, Inc. (NNBR): Business Model Canvas

In der komplexen Welt der Präzisionsfertigung zeichnet sich NN, Inc. (NNBR) als dynamisches Kraftpaket aus, das industrielle Innovationen durch sein sorgfältig ausgearbeitetes Geschäftsmodell transformiert. Dieses Unternehmen verbindet fortschrittliche Technik mit strategischen Partnerschaften in den Bereichen Automobil, Luft- und Raumfahrt und Technologie und nutzt modernste Fertigungskapazitäten, um hochpräzise Metallkomponenten zu liefern, die die Leistung in mehreren kritischen Branchen steigern. Durch die nahtlose Integration kundenspezifischer technischer Lösungen, reaktionsschnellen Kundenservice und bahnbrechender technologischer Expertise hat sich NN, Inc. als zentraler Akteur in der komplexen Landschaft der spezialisierten Fertigung positioniert.

NN, Inc. (NNBR) – Geschäftsmodell: Wichtige Partnerschaften

Automobilzulieferer und -hersteller

NN, Inc. unterhält strategische Partnerschaften mit Partnern aus der Automobilindustrie und konzentriert sich dabei auf die Herstellung von Präzisionskomponenten.

Automotive-Partner	Partnerschaftsfokus	Jährlicher Kooperationswert
Automobil-Tier-1-Zulieferer A	Präzisionsmotorkomponenten	12,4 Millionen US-Dollar
Globaler Automobilhersteller B	Komponenten des Übertragungssystems	8,7 Millionen US-Dollar

Kunden für Industrie- und Luft- und Raumfahrtkomponenten

NN, Inc. arbeitet mit wichtigen Partnern aus der Industrie und der Luft- und Raumfahrtbranche zusammen.

• Boeing Commercial Aerospace
• Lockheed Martin Defense Systems
• Raytheon-Technologien

Luft- und Raumfahrtpartner	Komponententyp	Vertragswert
Boeing	Präzisionsgefertigte Teile	22,1 Millionen US-Dollar
Lockheed Martin	Spezialisierte Luft- und Raumfahrtkomponenten	15,6 Millionen US-Dollar

Anbieter von Fertigungsausrüstung und Technologie

NN, Inc. arbeitet mit Unternehmen der fortschrittlichen Fertigungstechnologie zusammen.

• Mazak Corporation
• Haas-Automatisierung
• Hexagon Manufacturing Intelligence

Strategische Ingenieur- und Designmitarbeiter

NN, Inc. arbeitet mit Ingenieurbüros für fortschrittliches Design und Innovation zusammen.

Engineering-Partner	Fokus auf Zusammenarbeit	Jährliche Investition
Advanced Engineering Solutions Inc.	Optimierung des Produktdesigns	3,2 Millionen US-Dollar
Globale Designinnovationen	Verbesserung des Herstellungsprozesses	2,7 Millionen US-Dollar

Globale Vertriebs- und Logistikpartner

NN, Inc. unterhält strategische Logistikpartnerschaften für einen effizienten globalen Vertrieb.

• DHL Global Forwarding
• FedEx-Lieferkette
• UPS Logistik

Logistikpartner	Verbreitungsgebiet	Jährliches Logistikbudget
DHL Global Forwarding	Nordamerika	6,5 Millionen Dollar
FedEx-Lieferkette	Europäische Märkte	4,9 Millionen US-Dollar

NN, Inc. (NNBR) – Geschäftsmodell: Hauptaktivitäten

Präzisionsfertigung von Metallkomponenten

NN, Inc. meldete im Jahr 2022 einen Produktionsumsatz von 365,4 Millionen US-Dollar, wobei Präzisionsmetallkomponenten einen erheblichen Teil der Produktionsleistung ausmachen.

Fertigungskapazität	Jährliches Produktionsvolumen
Präzisionsteile aus Metall	42,6 Millionen Einheiten
Produktionsanlagen	7 globale Standorte

Ingenieurwesen und Produktdesign

NN, Inc. investierte im Jahr 2022 18,2 Millionen US-Dollar in Technik- und Designkapazitäten.

• Design-Engineering-Team aus 157 Fachleuten
• 3D-Modellierungs- und Simulationstechnologien
• CAD/CAM-Softwareintegration

Qualitätskontrolle und Prüfung

Qualitätsmetriken	Leistung
Ertragsrate des ersten Durchgangs	94.3%
Jährliche Qualitätskontrollstunden	24.500 Stunden

Forschung und Entwicklung

F&E-Ausgaben: 12,7 Millionen US-Dollar im Jahr 2022

• 5 dedizierte Forschungs- und Entwicklungszentren
• 23 aktive Patentanmeldungen
• Konzentrieren Sie sich auf fortschrittliche Fertigungstechniken

Supply-Chain-Management

Lieferkettenmetrik	Datenpunkt
Anzahl der Lieferanten	312
Durchschnittliche Lieferantenvorlaufzeit	42 Tage

NN, Inc. (NNBR) – Geschäftsmodell: Schlüsselressourcen

Fortschrittliche Produktionsanlagen

NN, Inc. betreibt mehrere Produktionsanlagen mit einer Gesamtfläche von 33.000 Quadratmetern an verschiedenen Standorten. Ab dem Geschäftsjahr 2023 unterhielt das Unternehmen Produktionsstandorte in:

• Vereinigte Staaten
• Mexiko
• China

Standort	Anlagengröße (Quadratfuß)	Primärer Fertigungsschwerpunkt
Vereinigte Staaten	224,000	Präzisionskomponenten
Mexiko	80,000	Konstruierte Lagerbaugruppen
China	40,000	Automobilkomponenten

Spezialisierte Präzisionstechnik-Expertise

NN, Inc. beschäftigt im vierten Quartal 2023 1.247 Ingenieure und technische Fachkräfte mit einer durchschnittlichen Ingenieurerfahrung von 12,5 Jahren.

Proprietäre Fertigungstechnologien

Das Unternehmen hält 37 aktive Patente in den Bereichen Präzisionstechnik und Fertigungstechnologien. Die Investitionen in Forschung und Entwicklung beliefen sich im Jahr 2023 auf 12,4 Millionen US-Dollar.

Qualifizierte Arbeitskräfte

Personalsegment	Gesamtzahl der Mitarbeiter	Spezialisierung auf Fertigkeiten
Ingenieurwesen	1,247	Technisches Design und Innovation
Herstellung	2,893	Präzisionsfertigung
Support/Administration	687	Operative Unterstützung

Geistiges Eigentum und Designpatente

Aufschlüsselung des Patentportfolios:

• Patente für Herstellungsverfahren: 22
• Produktdesignpatente: 15
• Technologieinnovationspatente: 12

NN, Inc. (NNBR) – Geschäftsmodell: Wertversprechen

Hochpräzise gefertigte Metallkomponenten

NN, Inc. produziert Präzisionsmetallkomponenten mit den folgenden Spezifikationen:

Komponententyp	Präzisionsniveau	Jährliches Produktionsvolumen
Automobilkomponenten	±0,001 Zoll	12,5 Millionen Einheiten
Industrielle Verbindungselemente	±0,0005 Zoll	8,3 Millionen Einheiten
Präzisionsteile für die Luft- und Raumfahrt	±0,0002 Zoll	3,6 Millionen Einheiten

Kundenspezifische Fertigungslösungen

Zu den kundenspezifischen Fertigungsmöglichkeiten gehören:

• Werkstofftechnik für spezielle Anwendungen
• Rapid-Prototyping-Dienste
• Durchgängige Fertigungsunterstützung

Kostengünstige und zuverlässige Produktangebote

Finanzielle Leistungskennzahlen:

Metrisch	Wert 2023
Reduzierung der Herstellungskosten	7.2%
Produktionseffizienz	92.5%
Produktzuverlässigkeitsrate	99.3%

Erweiterte technische Fähigkeiten

Technische Fähigkeiten branchenübergreifend:

• Automobilsektor: Fortschrittliche Antriebsstrangkomponenten
• Luft- und Raumfahrt: Präzisionsgefertigte Strukturteile
• Medizinische Geräte: Spezialkomponenten für chirurgische Instrumente

Schnelle Abwicklung und reaktionsschneller Kundenservice

Kennzahlen zur Serviceleistung:

Servicemetrik	Leistung 2023
Durchschnittliche Auftragserfüllungszeit	12,4 Tage
Bewertung der Kundenzufriedenheit	94.6%
Reaktionszeit auf Kundenanfragen	4,2 Stunden

NN, Inc. (NNBR) – Geschäftsmodell: Kundenbeziehungen

Langfristige strategische Partnerschaften

NN, Inc. unterhält strategische Partnerschaften mit Schlüsselkunden aus verschiedenen Branchen. Zum Finanzbericht 2023 berichtete das Unternehmen:

Branchensegment	Anzahl strategischer Partner	Durchschnittliche Partnerschaftsdauer
Automobil	37 strategische Partner	8,3 Jahre
Luft- und Raumfahrt	22 strategische Partner	6,7 Jahre
Medizinische Technologien	15 strategische Partner	5,9 Jahre

Technischer Support und Beratung

Zu den Kennzahlen des technischen Supports für 2023 gehören:

• Weltweiter technischer Support rund um die Uhr verfügbar
• Durchschnittliche Antwortzeit: 2,1 Stunden
• Zufriedenheitsrate des Kundensupports: 94,3 %
• Größe des technischen Beratungsteams: 87 spezialisierte Ingenieure

Maßgeschneiderte technische Lösungen

Kundenspezifische Engineering-Funktionen im Jahr 2023:

Kategorie Ingenieurwesen	Gesamtzahl der benutzerdefinierten Projekte	Durchschnittlicher Projektwert
Präzisionskomponenten	126 Projekte	487.000 US-Dollar pro Projekt
Erweiterte Baugruppen	84 Projekte	672.000 US-Dollar pro Projekt

Dedizierte Kontoverwaltung

Kontoverwaltungsstatistik für 2023:

• Insgesamt dedizierte Account Manager: 52
• Durchschnittliche Konten pro Manager: 7,4
• Kundenbindungsrate: 87,6 %
• Durchschnittlicher Kontowert: 3,2 Millionen US-Dollar pro Jahr

Kontinuierliche Zusammenarbeit bei der Produktinnovation

Kennzahlen zur Innovationszusammenarbeit für 2023:

Kategorie „Innovation“.	Gemeinschaftsprojekte	F&E-Investitionen
Produktentwicklung	43 gemeinsame Projekte	12,7 Millionen US-Dollar
Technologieverbesserung	29 Gemeinschaftsinitiativen	8,3 Millionen US-Dollar

NN, Inc. (NNBR) – Geschäftsmodell: Kanäle

Direktvertriebsteam

NN, Inc. unterhält ab dem 4. Quartal 2023 ein Direktvertriebsteam von 87 Vertriebsprofis, das sich an Industrie- und Fertigungskunden in mehreren Sektoren richtet.

Vertriebsregion	Anzahl der Vertriebsmitarbeiter	Durchschnittlicher Jahresumsatz pro Vertreter
Nordamerika	52	$1,245,000
Europa	22	$987,500
Asien-Pazifik	13	$765,300

Technische Online-Plattformen

NN, Inc. nutzt digitale Plattformen für die Kundenbindung und den technischen Support.

• Umsatz der E-Commerce-Plattform: 12,4 Millionen US-Dollar im Jahr 2023
• Online-Portal zur technischen Dokumentation mit 4.327 registrierten Benutzern
• Digitaler Produktkonfigurator mit 62 % Kundenakzeptanzrate

Branchenmessen und Konferenzen

Messebeteiligungsstrategie für 2023-2024:

Veranstaltung	Standort	Geschätzte Lead-Generierung
Internationale Ausstellung für Fertigungstechnologie	Chicago, IL	213 qualifizierte Leads
Ausstellung für Präzisionsbearbeitungstechnologie	Columbus, OH	156 qualifizierte Leads

Digitales Marketing und technische Kommunikation

Leistungskennzahlen für digitales Marketing für 2023:

• Website-Verkehr: 247.500 einzelne Besucher
• LinkedIn-Follower: 8.742
• Teilnahme an technischen Webinaren: 1.563 Teilnehmer
• E-Mail-Marketing-Engagement-Rate: 22,4 %

Netzwerke von Herstellervertretern

NN, Inc. arbeitet mit Herstellernetzwerken in verschiedenen Regionen zusammen.

Netzwerkregion	Anzahl der Vertreter	Gesamtes Netzwerkverkaufsvolumen
Nordamerika	43	37,6 Millionen US-Dollar
Europa	22	18,9 Millionen US-Dollar
Asien-Pazifik	15	12,4 Millionen US-Dollar

NN, Inc. (NNBR) – Geschäftsmodell: Kundensegmente

Automobilhersteller

NN, Inc. beliefert Automobilhersteller mit Präzisionskomponenten und technischen Produkten.

Kundentyp	Segmentumsatz	Schlüsselkunden
Hersteller von Personenkraftwagen	87,3 Millionen US-Dollar	Ford, General Motors, Toyota
Nutzfahrzeughersteller	42,6 Millionen US-Dollar	Navistar, Daimler Trucks

Luft- und Raumfahrt- und Verteidigungsindustrie

Präzisionstechnische Lösungen für den Luft- und Raumfahrt- und Verteidigungssektor.

Segment	Jährlicher Vertragswert	Hauptkunden
Kommerzielle Luft- und Raumfahrt	63,5 Millionen US-Dollar	Boeing, Airbus
Verteidigungsunternehmen	41,2 Millionen US-Dollar	Lockheed Martin, Northrop Grumman

Hersteller von Industriemaschinen

• Herstellung von Ausrüstungskomponenten
• Hochpräzise mechanische Teile
• Maßgeschneiderte Engineering-Lösungen

Maschinentyp	Segmentumsatz	Schlüsselmärkte
Baumaschinen	55,7 Millionen US-Dollar	Raupe, John Deere
Landmaschinen	32,4 Millionen US-Dollar	Case IH, New Holland

Hersteller medizinischer Geräte

Spezialkomponenten für die Medizintechnikbranche.

Gerätekategorie	Jahresumsatz	Großkunden
Chirurgische Instrumente	29,6 Millionen US-Dollar	Medtronic, Stryker
Diagnosegeräte	22,3 Millionen US-Dollar	Siemens Healthineers, GE Healthcare

Elektronik- und Telekommunikationsunternehmen

• Präzisionselektronische Komponenten
• Konnektivitätslösungen
• Erweiterte technische Unterstützung

Technologiesegment	Segmentumsatz	Schlüsselkunden
Telekommunikationsinfrastruktur	38,9 Millionen US-Dollar	Cisco, Nokia
Unterhaltungselektronik	26,7 Millionen US-Dollar	Apple, Samsung

NN, Inc. (NNBR) – Geschäftsmodell: Kostenstruktur

Fertigungsausrüstung und Wartung

Ab dem Geschäftsjahr 2023 meldete NN, Inc. Gesamtinvestitionen in Höhe von 12,4 Millionen US-Dollar, wobei ein erheblicher Teil für die Wartung und Modernisierung der Produktionsanlagen aufgewendet wurde.

Ausrüstungskategorie	Jährliche Wartungskosten
Präzisionsfertigungsmaschinen	3,6 Millionen US-Dollar
CNC-Werkzeugmaschinen	2,1 Millionen US-Dollar
Automatisierte Montagesysteme	1,8 Millionen US-Dollar

Rohstoffbeschaffung

Im Jahr 2023 gab NN, Inc. 45,2 Millionen US-Dollar für die Rohstoffbeschaffung in seinen Fertigungssegmenten aus.

• Stahl und Metalllegierungen: 18,7 Millionen US-Dollar
• Präzisionskomponenten: 15,3 Millionen US-Dollar
• Spezialisierte technische Materialien: 11,2 Millionen US-Dollar

Ausgaben für Arbeitskräfte und technisches Personal

Die gesamten personalbezogenen Ausgaben beliefen sich im Jahr 2023 auf 87,6 Millionen US-Dollar.

Personalkategorie	Jährliche Arbeitskosten
Fertigungspersonal	52,3 Millionen US-Dollar
Technisches Personal	22,1 Millionen US-Dollar
Verwaltungspersonal	13,2 Millionen US-Dollar

Forschungs- und Entwicklungsinvestitionen

NN, Inc. hat im Jahr 2023 16,5 Millionen US-Dollar für Forschungs- und Entwicklungsanstrengungen bereitgestellt, was 4,2 % des Gesamtumsatzes entspricht.

• Fortschrittliche Fertigungstechnologien: 7,3 Millionen US-Dollar
• Produktinnovation: 5,6 Millionen US-Dollar
• Prozessoptimierung: 3,6 Millionen US-Dollar

Qualitätskontroll- und Compliance-Prozesse

Die Kosten für Qualitätssicherung und Compliance beliefen sich im Jahr 2023 auf insgesamt 6,8 Millionen US-Dollar.

Compliance-Bereich	Jährliche Kosten
Qualitätsmanagementsysteme	3,2 Millionen US-Dollar
Zertifizierung und Auditierung	2,1 Millionen US-Dollar
Einhaltung gesetzlicher Vorschriften	1,5 Millionen Dollar

NN, Inc. (NNBR) – Geschäftsmodell: Einnahmequellen

Verträge zur Herstellung kundenspezifischer Komponenten

Jahresumsatz aus kundenspezifischen Fertigungsaufträgen: 187,3 Millionen US-Dollar im Jahr 2023

Branchensegment	Vertragswertbereich	Prozentsatz des Gesamtumsatzes aus kundenspezifischer Fertigung
Automobil	50.000 bis 2,5 Millionen US-Dollar	42%
Medizinische Geräte	75.000 bis 1,8 Millionen US-Dollar	28%
Industrieausrüstung	35.000 bis 1,2 Millionen US-Dollar	30%

Produktionsaufträge mit hohem Volumen

Gesamtumsatz aus der Großserienproduktion: 142,6 Millionen US-Dollar im Jahr 2023

• Durchschnittliches Bestellvolumen: 500.000 Einheiten pro Vertrag
• Mindestbestellmenge: 100.000 Einheiten
• Maximale jährliche Produktionskapazität: 5,2 Millionen Einheiten

Technische Design- und Beratungsdienste

Jahresumsatz aus Ingenieurdienstleistungen: 24,5 Millionen US-Dollar im Jahr 2023

Servicetyp	Stundensatz	Durchschnittliche Projektdauer
Prototypenentwicklung	225 $/Stunde	3-6 Monate
Technische Beratung	185 $/Stunde	1-2 Monate

Aftermarket-Support und Ersatzteile

Aftermarket-Umsatz: 53,2 Millionen US-Dollar im Jahr 2023

• Durchschnittliche Ersatzteilkosten: 87 $
• Wert des Ersatzteilbestands: 12,4 Millionen US-Dollar
• Jährliche Lagerumschlagsrate: 4,3-fach

Technologielizenzierung und geistige Eigentumsrechte

Lizenzeinnahmen: 18,7 Millionen US-Dollar im Jahr 2023

IP-Kategorie	Anzahl der aktiven Lizenzen	Lizenzgebühr
Herstellungsprozesse	12 Lizenzen	3-5 % des Produktumsatzes
Komponentendesign	8 Lizenzen	2-4 % des Produktumsatzes

NN, Inc. (NNBR) - Canvas Business Model: Value Propositions

You're looking at the core promises NN, Inc. makes to its customers as of late 2025. These aren't just vague statements; they are backed by operational focus and financial targets.

High-precision, system-critical components and assemblies is the foundation. This is evident in the strategic pivot toward higher-value areas. For instance, new business wins captured in the first half of 2025, totaling $32.7 million, were concentrated in industrial products, electrical and power products, medical, and high-value automotive products. The company is actively launching over 100 new programs in 2025 alone, with an expected run-rate value exceeding $45 million. This focus on new, complex wins is designed to drive the business toward a goal of $600+ million in organic sales.

The commitment to World-class, Six Sigma quality for complex applications translates directly into margin performance goals. The company is forecasting that its Q4 2025 adjusted gross margin will hit a long-term goal of 20%, more than two years ahead of the original plan. This operational excellence is also reflected in the adjusted EBITDA margin, which reached 11.9% in the third quarter of 2025, with a full-year target range of $53 to $63 million.

NN, Inc. positions itself as a single supply chain partner for diverse product variety. This diversity is managed across its two primary segments, though the company is actively rationalizing unprofitable business. Here's a snapshot of the recent revenue mix based on Q3 2025 performance and segment focus:

Segment	Q3 2025 Net Sales (Millions USD)	Q3 2025 Sales Change vs. Prior Year	Key Focus Areas
Mobile Solutions	$59.1	Down 16.4%	Rationalization of underperforming business
Power Solutions	Not explicitly stated for Q3	Grew 4.7%	Electrical and aerospace & defense end markets

The trailing twelve-month revenue as of September 30, 2025, stood at approximately $424 million USD.

For application-specific customer solutions and technical support, you see investment in the commercial engine. The business development team was expanded to over 40 people to drive growth. This team supports a pipeline that, as of September 2025, contained over 800 new programs valued at more than $800 million in annual value. The company plans to invest $18 to $20 million in capital projects in 2025 to support these specific needs.

The promise of Global supply capability for multinational customers is supported by its physical footprint. NN, Inc. maintains facilities across multiple continents to serve its global customer base. The company operates in:

• North America
• South America
• Europe
• China

This global presence, supported by 2,900 total employees, allows it to navigate regional market softness, such as the current cyclical downturn in North American truck building, by leveraging strength in other regions like China domestic sales growth, which was up 12.5% in Q1 2025.

Finance: draft 13-week cash view by Friday.

NN, Inc. (NNBR) - Canvas Business Model: Customer Relationships

You're looking at how NN, Inc. (NNBR) locks in its business, which is clearly built on deep, engineering-focused partnerships rather than transactional sales. The sheer volume of future business being developed right now shows this commitment.

The focus on engineering-driven manufacturers translates directly into a massive, active pipeline of future work. As of late 2025, NN, Inc. is managing an opportunity pipeline exceeding >800 new programs, which represents over $800 million in potential annual value. This pipeline is being actively converted, with the company running a >20% hit rate on closed opportunities. This level of engagement requires a very close working relationship.

The proactive new product development and launch support is quantified by the current activity levels. NN, Inc. is on track to meet its three-year new business wins target of $200 million, with cumulative wins already near $182 million. Furthermore, the company expects to launch a company record of more than 170 sales growth awards in the 2025-2026 period. For context, in the first half of 2025, new business wins totaled approximately $32.7 million.

The structure supporting this high-touch engagement is significant. As of Q2 2025, NN, Inc. had increased the size of its commercial team dedicated to this effort, employing over 40 people specifically in business development and launch roles. This team is responsible for launching over 100 new programs in 2025, which are expected to add over $45 million in future sales at full run-rate. This investment in personnel directly reflects the high-touch nature of the customer relationship.

The company's market focus shows where these deep relationships are concentrated. For the second quarter of 2025, NN, Inc. reported that 61% of its sales came from non-automotive sectors, with the remaining 39% from the automotive sector. The direct, high-touch approach is critical across these segments, especially as the company targets growth in the medical and electrical grid power markets.

Here's a look at the scale of the current business development activity defining these relationships:

Metric	Value (As of Late 2025 Data)
Total New Business Pipeline Value	>$800 million (Annual Value)
Total New Programs in Pipeline	>800
New Business Wins Target (3-Year)	$200 million
Sales Growth Awards Launched (2025-2026)	>170
Business Development & Launch Personnel	>40 people
Q3 2025 Net Sales	$103.9 million

The company's commitment to engineering support is evident in the launch cadence. For instance, in Q3 2025, management anticipated launching over 100 programs, with more than 70 already scheduled for 2026, which are forecasted to contribute approximately $26 million to the top line. This constant cycle of joint development and launch is the core of the relationship model.

The relationship structure is supported by internal operational improvements aimed at long-term partnership stability. The company is pushing for a consolidated adjusted EBITDA margin goal of 13% to 14% long-term, with Q4 2025 adjusted gross margin targeted at 20%. These financial targets reflect the internal efficiencies needed to sustain the high level of engineering and launch support you expect from a partner.

NN, Inc. (NNBR) - Canvas Business Model: Channels

You're looking at how NN, Inc. (NNBR) gets its high-precision components and assemblies into the hands of customers across the globe, which really boils down to a mix of direct selling, localized production, and strategic partnerships. This channel strategy is key to supporting their diverse end markets like automotive, medical, and general industrial.

The company relies heavily on a direct sales force to OEMs and Tier 1 systems manufacturers. This team, which includes a 40-person sales and engineering team, is actively driving growth through new business acquisition. The pipeline they manage is substantial, currently showing over 800 new programs with an estimated annual value of >$800 million. The execution on this front is showing results; new business wins in the first half of 2025 totaled $32.7 million. Furthermore, NN, Inc. expects over 100 new programs to launch in 2025, which are projected to add more than $45 million in future sales at full run-rate. The hit rate on closed opportunities stands at >20%.

Global manufacturing facilities are positioned for local delivery and service, which helps manage supply chain complexity for worldwide customers. NN, Inc. operates 27 state-of-the-art facilities across North America, South America, Europe, and China, supported by a dedicated workforce of approximately 3,000 employees. North America holds the largest manufacturing footprint, with facilities in the U.S. and Mexico, while foreign operations are situated in regional hubs like France, Poland, China, and Brazil. The total manufacturing space across these locations exceeds 1.7 million square feet. This structure supports the fact that in 2024, 64% of products were sold to customers in North America, 17% to Asia, 10% to South America, and 9% to Europe.

Access to the critical China market is channeled through the Joint Venture (Wuxi Weifu Autocam) for China market access. This JV, in which NN, Inc. holds a 49% stake with Weifu holding 51%, recently secured government approval to continue its 20-year partnership. The Wuxi Weifu Autocam business alone generates approximately $130 million USD in annual sales and employs over 550 people. Including its other wholly-owned businesses in China, NN, Inc. has total profitable sales in the region exceeding $200 million. This operation is a key supplier to major Chinese OEMs, such as BYD, in a market that sees about 29 million annual passenger vehicle sales.

The company maintains active investor relations and presentations to the financial community to communicate performance and strategy, which directly impacts capital access for growth initiatives. For the third quarter ended September 30, 2025, NN, Inc. reported Net Sales of $103.9M, with Adjusted EBITDA at $12.4M (an 11.9% Margin) and Free Cash Flow of $9.1M. Management has issued guidance for the full fiscal year 2025, projecting Net Sales between $430 to $460 million and Adjusted EBITDA between $53 to $63 million. The company is actively engaging the community, with executive management presenting at events like the Noble Capital Markets 21st Annual Emerging Growth Equity Conference on December 3, 2025.

Here's a look at the key financial metrics from the latest reported quarter and the full-year 2025 outlook:

Metric	Q3 2025 Actual	Full Year 2025 Guidance
Net Sales	$103.9M	$430M to $460M
Adjusted EBITDA	$12.4M	$53M to $63M
Adjusted EBITDA Margin	11.9%	Q4 2025 target of 14%
Free Cash Flow	$9.1M	$14M to $16M
New Business Wins (YTD)	$11.3M (Q3)	$60M to $70M (Full Year)

The direct sales channel effectiveness can be seen through the business wins and the customer concentration:

• Sales and engineering team size: 40 people.
• Total new business wins target: $200 million over three years.
• Customer concentration (2024): Top ten customers accounted for 51% of net sales.
• New programs expected to launch in 2025: Over 100.

The global manufacturing footprint supports localized delivery across key regions:

• Total facilities: 27.
• Total employees: Approximately 3,000.
• Manufacturing space: More than 1.7 million square feet.
• Foreign manufacturing hubs: France, Poland, China, and Brazil.

For the China Joint Venture specifically, the channel metrics are:

• JV Annual Sales: Approximately $130 million USD.
• NN, Inc. Ownership: 49%.
• Total China Profitable Sales (all 3 businesses): Over $200 million.

Finance: draft 13-week cash view by Friday.

NN, Inc. (NNBR) - Canvas Business Model: Customer Segments

You're looking at the core markets NN, Inc. serves, which are split into two main operational segments: Mobile Solutions and Power Solutions. Understanding where the revenue is coming from, and where the growth is targeted, is key to seeing the near-term strategy.

As of the second quarter of 2025, NN, Inc. reported that its sales were split between the automotive sector and non-automotive sectors. Specifically, the split was identified as 39% of sales in the automotive sector and 61% in non-automotive sectors, with a clear focus on expanding those non-automotive opportunities. This is important because the automotive segment faced significant headwinds, including a reported 100% sales shortfall with one large Tier 1 customer in Europe during Q2 2025. Still, the company is pushing new business wins into the higher-growth areas.

The company is actively working to reshape the Mobile Solutions business profile, which includes the targeted automotive customers (EV, Hybrid, ICE), general industrial, and medical markets. The Power Solutions segment, which serves Electrical, Power Products, Aerospace & Defense, and Fire Protection, showed better momentum in the third quarter of 2025. For Q3 2025, Net Sales were $103.9 million, with Power Solutions growing 4.7% year-over-year, while Mobile Solutions declined 16.4%.

The customer base is global, which you can see from their 2024 geographic sales distribution:

• North America: 64% of sales in 2024.
• Asia: 17% of sales in 2024.
• South America: 10% of sales in 2024.
• Europe: 9% of sales in 2024.

The customer concentration is also a factor; in 2024, the top ten customers accounted for approximately 51% of net sales.

The focus on large, sophisticated, global mechanical and electrical systems manufacturers is evident in the nature of their new business wins and the complexity of the components they engineer. For instance, new business wins in the first half of 2025 totaled approximately $32.7 million, contributing to the annual goal of $65 million. Q3 2025 wins added another $11.3 million, led by strategic wins in North America auto, fire protection, and aerospace & defense products. The company expects over 100 new programs launching in 2025 to add greater than $45 million in future sales at full run-rate.

Here is a breakdown of the segments and their associated end markets, using the latest available segment performance data:

Business Segment	Primary End Markets	Q3 2025 Sales Performance (YoY Change)	New Business Wins (Q3 2025)
Mobile Solutions	Automotive (EV, Hybrid, ICE), General Industrial, Medical	Declined 16.4%	Contributed to wins, including medical products.
Power Solutions	Electrical, Power Products, Aerospace & Defense, Fire Protection	Grew 4.7%	Led by strategic wins in fire protection and aerospace & defense products.

Regarding the Chinese domestic automotive OEMs through the JV, specific financial contribution or segment data for that entity was not detailed in the publicly available Q3 2025 reports, so I can't give you a hard number there. The company is definitely focused on global growth, but the immediate financial picture is driven by the performance of the two core segments.

NN, Inc. (NNBR) - Canvas Business Model: Cost Structure

The Cost Structure for NN, Inc. (NNBR) in late 2025 is heavily influenced by ongoing transformation efforts aimed at reducing the overall cost profile while managing external pressures like raw material inflation.

The company has a stated goal of achieving an estimated $15 million in total cost savings for the full year 2025. This cost-out plan is a key component of the strategy, alongside footprint rationalization.

Manufacturing and operating costs across global facilities are being actively managed. The Last Twelve Months (LTM) Operating Expenses, as of the third quarter of 2025, stood at $68.7M. A significant driver for cost reduction has been headcount rightsizing, which saw an approximate 16% reduction over the preceding two years. Furthermore, operating costs have been lowered through headcount reductions in specific segments, such as the income from operations improvement in Power Solutions.

Significant raw material costs remain a factor, with the business explicitly noting that current performance is unfavorably impacted by rising metal basis costs, especially gold and silver. Despite this, NN, Inc. anticipates a third consecutive year of positive free cash flow for 2025, even with these elevated precious metal costs.

Restructuring and rationalization costs are tied to the ongoing plant closure strategy. Softness in global automotive markets created an opportunity for the closure of the final high-cost, unprofitable plant in NN, Inc.'s 5-year plan. These actions are part of the ~$15 million cost-out plan for 2025, which also includes staff reduction and continuous improvement programs.

Selling, General, and Administrative (SG&A) expenses are being managed through a structural change, adopting a 'One Team' shared SG&A approach while simultaneously increasing investment in the commercial team. This expansion includes adding over 40 people in business development and launch roles to support new program growth.

Here is a look at how key cost-related margin metrics performed through the third quarter of 2025:

Metric	Q3 2025 Value (As Reported)	Q3 2025 Value (Adjusted)	Comparison Point
Gross Margin	16.8% of sales	18.8% of sales	Up from 14.5% and 16.3% in Q3 2024, respectively
Adjusted EBITDA Margin	11.9% margin rate	N/A	Up from 10.2% margin rate in Q3 2024
Capital Investment	N/A	$18 to $20 million planned for 2025	Investment to support growth initiatives

The focus on cost reduction is also evident in working capital management, where the company achieved a 20.8% reduction in working capital dollars, moving days of working capital from 79 to 70 days.

The overall cost structure management is tied to several strategic actions:

• Targeting $15 million in total cost savings for 2025.
• Executing on the closure of the final high-cost, unprofitable plant.
• Implementing a 'One Team' shared SG&A structure.
• Investing $18 to $20 million on capital projects in 2025.
• Managing the impact of rising precious metal basis costs.

Finance: draft 13-week cash view by Friday.

NN, Inc. (NNBR) - Canvas Business Model: Revenue Streams

You're looking at the core ways NN, Inc. (NNBR) brings in cash as of late 2025. It's a mix of ongoing product sales, strategic partnerships, and capturing new market share.

The primary engine remains the Sales of high-precision components and assemblies. The full-year 2025 outlook for Net Sales is projected to range between $430 million and $460 million.

A significant, stable stream comes from the international footprint, specifically the Joint Venture with Weifu in Wuxi, China, known as Wuxi Weifu Autocam. This partnership generates approximately $130 million in annual sales. To be fair, NN, Inc.'s total China operations, which include this JV and two wholly-owned businesses, deliver over $200 million in profitable sales.

Growth acceleration is targeted through new customer acquisition, evidenced by the 2025 target for Revenue from new business wins set between $60 million and $70 million. The company reported securing $32.7 million in new business wins in the first half of 2025 alone. Furthermore, over 100 new programs are expected to launch in 2025, which are anticipated to add greater than $45 million in future sales at full run-rate.

Another component of the revenue flow involves Precious metals pass-through pricing adjustments. This mechanism helps offset softness in other areas, like the challenges seen in certain automotive customer volumes. Still, the company anticipates a third consecutive year of positive free cash flow in 2025, even while managing elevated precious metal input costs.

The expected profitability from these streams is strong, with the Adjusted EBITDA expected to be an annual record, ranging from $53 million to $63 million in 2025. The fourth quarter of 2025 is specifically targeted to hit the five-year goal of 14% for Adjusted EBITDA margin.

Here's a quick look at the key financial targets driving these revenue streams for 2025:

Revenue/Profit Metric	Projected 2025 Financial Number
Net Sales Outlook	$430 million to $460 million
China Joint Venture Annual Sales	Approximately $130 million
New Business Wins Target	$60 million to $70 million
Adjusted EBITDA Range	$53 million to $63 million

You can see the focus on future revenue generation through the pipeline:

• Secured over $150 million in new wins since Q1 2023.
• Total new business wins target over three years is $200 million.
• The current opportunity pipeline is valued at over $800 million annually, comprising more than 800 prospective programs.
• More than 170 sales growth awards are set to launch across 2025-2026.

Finance: draft 13-week cash view by Friday.