Filing Flows › NN (NNBR) › Q1 2025
NN (NNBR) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
NN (NNBR) reported revenue of $106M for the first quarter 2025 (Q1 2025), -13% from a year earlier and -0.8% from the quarter before. Operating margin was -4.5%, net loss $6.7M (6.3% of revenue).
NN, Q1 2025: revenue $106M (-13% year over year), operating margin -4.5%, net loss $6.7M, operating cash flow −$3.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $106M | -0.8% | -13% |
| Operating profit | −$4.8M | — | — |
| Net earnings | −$6.7M | — | — |
| Operating cash flow | −$3.3M | — | — |
What changed
Revenue was $105.7M in Q1 2025, down 13% year over year and down 1% from the previous quarter. Automotive was the largest line at 57% of revenue. General Industrial lost $17.9M year over year (down 56%), 115% of the total change.
Operating costs exceeded revenue by $4.8M, an operating margin of -4.5%. Total costs fell 12% while revenue fell 13%. The quarter ended with a net loss of $6.7M, narrower than the previous quarter's $21.0M loss.
Operating cash flow was −$3.3M. Non-cash charges added back $8.8M of depreciation and amortization and $839K of share-based compensation. Working capital and other items used $6.3M. Capital expenditures of $3.9M exceeded it, leaving free cash flow of −$7.3M.
Questions
What was NN's revenue in the first quarter 2025?
NN (NNBR) reported revenue of $106M for the first quarter 2025 (Q1 2025), -13% from a year earlier and -0.8% from the quarter before.
Was NN profitable in the first quarter 2025?
Operating loss was $4.8M (-4.5% of revenue) and net loss $6.7M.
Source: NN 10-Q on SEC EDGAR.