IIIN · Insteel Industries Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $172.65M | $159.92M | $179.89M | $160.66M | $129.72M | $145.78M | $127.39M | $121.72M | $165.71M | $159.05M |
| Cost of Revenue | $156.16M | $141.86M | $149.11M | $136.13M | $120.19M | $130.39M | $111.68M | $115.45M | $145.35M | $145.79M |
| Gross Profit | $16.49M | $18.06M | $30.77M | $24.53M | $9.53M | $15.39M | $15.71M | $6.27M | $20.37M | $13.26M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $9.71M | $8.76M | $10.61M | $10.80M | $7.89M | $7.88M | $7.88M | $6.37M | $7.92M | $7.51M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | $4.55M | - | - | $4.43M | - | - | $3.71M | - | - |
| Operating Income | $6.80M | $9.62M | $19.77M | $13.32M | $1.46M | $8.72M | $8.95M | $1.55M | $13.54M | $6.54M |
| Interest Expense | $23.0K | $13.0K | $14.0K | $13.0K | $13.0K | $19.0K | $28.0K | $29.0K | $20.0K | $23.0K |
| Income Tax | $1.58M | $2.02M | $4.61M | $3.10M | $381.0K | $2.15M | $2.01M | $423.0K | $2.98M | $1.44M |
| Net Income | $5.22M | $7.59M | $15.16M | $10.23M | $1.08M | $6.57M | $6.94M | $1.13M | $10.56M | $5.10M |
| EPS - Basic | $0.27 | $0.39 | $0.78 | $0.53 | $0.06 | $0.34 | $0.36 | $0.06 | $0.54 | $0.26 |
| EPS - Diluted | $0.27 | $0.39 | $0.78 | $0.52 | $0.06 | $0.34 | $0.35 | $0.06 | $0.54 | $0.26 |
Balance Sheet
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $15.09M | $15.59M | $38.63M | $28.42M | $35.95M | $111.54M | $83.94M | $85.61M | $125.67M | $80.16M |
| Accounts Receivable | $81.39M | $64.60M | $78.72M | $79.79M | $49.44M | $58.31M | $55.55M | $43.35M | $63.42M | $65.87M |
| Inventory | $158.98M | $172.29M | $137.78M | $96.03M | $98.67M | $88.84M | $92.53M | $94.14M | $103.31M | $136.49M |
| Accounts Payable | $62.19M | $57.30M | $48.17M | $43.00M | $36.72M | $37.49M | $25.41M | $23.85M | $34.35M | $36.94M |
| Current Assets | $263.53M | $258.22M | $261.95M | $210.78M | $192.49M | $267.29M | $239.70M | $231.82M | $298.85M | $287.88M |
| Total Assets | $460.49M | $456.13M | $462.65M | $421.86M | $404.70M | $422.55M | $397.23M | $390.57M | $447.51M | $428.22M |
| Current Liabilities | $71.00M | $72.20M | $66.01M | $54.42M | $47.08M | $47.03M | $33.38M | $33.44M | $46.16M | $45.09M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $364.52M | $358.84M | $371.53M | $341.41M | $331.65M | $350.86M | $340.62M | $333.60M | $381.50M | $364.98M |
| Retained Earnings | $254.38M | $249.75M | $262.75M | $234.65M | $225.91M | $245.34M | $236.10M | $230.00M | $278.50M | $263.81M |
Cash Flow
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | ($701.0K) | - | - | $18.98M | - | - | $21.83M | - | - |
| Investing Cash Flow | - | ($1.62M) | - | - | ($73.94M) | - | - | ($12.38M) | - | - |
| Financing Cash Flow | - | ($20.72M) | - | - | ($20.63M) | - | - | ($49.51M) | - | - |
| CapEx | - | $1.49M | - | - | $2.67M | - | - | $12.27M | - | - |
| Free Cash Flow | - | ($2.19M) | - | - | $16.32M | - | - | $9.57M | - | - |
Ratios
| Metric | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 9.6% | 11.3% | 17.1% | 15.3% | 7.3% | 10.6% | 12.3% | 5.2% | 12.3% | 8.3% |
| Operating margin | 3.9% | 6.0% | 11.0% | 8.3% | 1.1% | 6.0% | 7.0% | 1.3% | 8.2% | 4.1% |
| EBITDA margin | - | 8.9% | - | - | 4.5% | - | - | 4.3% | - | - |
| Net margin | 3.0% | 4.7% | 8.4% | 6.4% | 0.8% | 4.5% | 5.4% | 0.9% | 6.4% | 3.2% |
| Free cash flow margin | - | -1.4% | - | - | 12.6% | - | - | 7.9% | - | - |
| FCF / Net income | - | -0.29 | - | - | 15.09 | - | - | 8.45 | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 5.6% | 5.5% | 5.9% | 6.7% | 6.1% | 5.4% | 6.2% | 5.2% | 4.8% | 4.7% |
| Effective tax rate | 23.3% | 21.0% | 23.3% | 23.2% | 26.1% | 24.7% | 22.5% | 27.2% | 22.0% | 22.0% |
| Return on assets | 1.1% | 1.7% | 3.3% | 2.4% | 0.3% | 1.6% | 1.7% | 0.3% | 2.4% | 1.2% |
| Return on equity | 1.4% | 2.1% | 4.1% | 3.0% | 0.3% | 1.9% | 2.0% | 0.3% | 2.8% | 1.4% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 3.71 | 3.58 | 3.97 | 3.87 | 4.09 | 5.68 | 7.18 | 6.93 | 6.47 | 6.38 |
| Quick ratio | 1.47 | 1.19 | 1.88 | 2.11 | 1.99 | 3.79 | 4.41 | 4.12 | 4.24 | 3.36 |
| Cash ratio | 0.21 | 0.22 | 0.59 | 0.52 | 0.76 | 2.37 | 2.51 | 2.56 | 2.72 | 1.78 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 295.7x | 739.8x | 1412.1x | 1025.0x | 112.5x | 458.9x | 319.6x | 53.6x | 677.2x | 284.2x |
| Equity multiplier | 1.26 | 1.27 | 1.25 | 1.24 | 1.22 | 1.20 | 1.17 | 1.17 | 1.17 | 1.17 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.37 | 0.35 | 0.39 | 0.38 | 0.32 | 0.34 | 0.32 | 0.31 | 0.37 | 0.37 |
| Inventory turnover | 0.98 | 0.82 | 1.08 | 1.42 | 1.22 | 1.47 | 1.21 | 1.23 | 1.41 | 1.07 |
| Days sales outstanding | 172d | 147d | 160d | 181d | 139d | 146d | 159d | 130d | 140d | 151d |
| Days inventory outstanding | 372d | 443d | 337d | 257d | 300d | 249d | 302d | 298d | 259d | 342d |
| Days payable outstanding | 145d | 147d | 118d | 115d | 112d | 105d | 83d | 75d | 86d | 92d |
| Cash conversion cycle | 398d | 443d | 379d | 323d | 327d | 290d | 379d | 352d | 313d | 400d |
| Valuation | ||||||||||
| P / E | 122.2x | 83.2x | 49.3x | 50.7x | 459.2x | 90.8x | 109.2x | 638.2x | 60.1x | 107.0x |
| P / B | 1.8x | 1.8x | 2.0x | 1.5x | 1.6x | 1.7x | 2.2x | 2.2x | 1.7x | 1.5x |
| P / S | 3.7x | 4.0x | 4.2x | 3.2x | 4.2x | 4.1x | 5.9x | 6.2x | 3.8x | 3.4x |
| EV / EBITDA | - | 43.7x | - | - | 85.3x | - | - | 126.1x | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 7.5% | 23.3% | 23.4% | 26.1% | 6.6% | -12.0% | -19.9% | - | -27.1% | -25.4% |
| Revenue CAGR (3y) | 2.8% | - | -7.5% | -9.0% | -10.1% | -3.2% | -2.9% | 0.6% | 10.8% | 11.5% |
| Revenue CAGR (5y) | 4.4% | 6.0% | 8.1% | 6.9% | 5.9% | 2.8% | - | - | 5.5% | - |
| Gross profit growth (YoY) | -32.8% | 89.5% | 100.0% | 56.1% | 52.0% | -24.4% | 18.5% | - | -64.9% | -76.8% |
| Operating income growth (YoY) | -49.0% | 557.8% | 126.7% | 48.9% | -6.0% | -35.6% | 36.9% | - | -72.9% | -87.0% |
| Net income growth (YoY) | -49.0% | 602.4% | 130.9% | 47.4% | -4.5% | -37.9% | 36.0% | - | -72.6% | -86.9% |
| EPS growth (YoY) | -48.1% | 550.0% | 129.4% | 48.6% | 0.0% | -37.0% | 34.6% | - | -72.4% | -86.9% |
| EPS CAGR (3y) | 1.3% | - | -26.4% | -36.1% | -63.0% | -28.8% | -22.8% | -47.7% | 16.7% | 4.2% |
| EPS CAGR (5y) | -18.7% | -1.5% | 18.1% | 17.7% | 14.9% | 25.3% | 47.6% | -22.2% | -4.2% | -3.5% |
| FCF growth (YoY) | - | - | - | - | 70.6% | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | -10.9% | - | - | - | - | - |
| Book value growth (YoY) | 6.8% | 8.2% | 5.9% | 0.2% | -0.6% | -8.0% | -6.7% | - | 4.5% | 12.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-09-27.
Product / service
$647.71M totalWelded Wire Reinforcement$424.53M · 65.5%
PCStrand$223.18M · 34.5%
Geographic
$647.71M totalUS$644.02M · 99.4%
Non Us$3.68M · 0.6%
Peer comparison
Same SIC group: Steel Works, Blast Furnaces & Rolling & Finishing Mills
Comparing INSTEEL INDUSTRIES INC against the 5 most active filers in the same SIC group.
Dividends
$1.12/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| Mar 13, 2026 | $0.0300 |
| Nov 28, 2025 | $1.0300 |
| Sep 12, 2025 | $0.0300 |
| Jun 13, 2025 | $0.0300 |
| Mar 14, 2025 | $0.0300 |
| Nov 29, 2024 | $1.0300 |
| Sep 13, 2024 | $0.0300 |
| Jun 14, 2024 | $0.0300 |
| Mar 14, 2024 | $0.0300 |
| Dec 7, 2023 | $2.5300 |
| Sep 14, 2023 | $0.0300 |
| Jun 15, 2023 | $0.0300 |
| Mar 16, 2023 | $0.0300 |
| Dec 8, 2022 | $2.0300 |
| Sep 15, 2022 | $0.0300 |
| Jun 9, 2022 | $0.0300 |
| Mar 10, 2022 | $0.0300 |
| Dec 1, 2021 | $2.0300 |
| Sep 9, 2021 | $0.0300 |
| Jun 10, 2021 | $0.0300 |
| Mar 11, 2021 | $0.0300 |
| Nov 30, 2020 | $1.5300 |
| Sep 10, 2020 | $0.0300 |
| Jun 11, 2020 | $0.0300 |