Insteel Industries Inc (IIIN) Financial Statements
Industry: Steel Works, Blast Furnaces & Rolling & Finishing Mills
In fiscal 2025, Insteel Industries reported revenue of $647.7M, up 22.4% from $529.2M the year before. Net income was $41.0M (a 6.3% net margin), or $2.10 per diluted share. Gross margin was 14.4% and operating margin was 8.4%. Operating activities generated $27.2M of cash, leaving $18.9M of free cash flow. At fiscal year end, Insteel Industries held $462.6M in total assets against $91.1M in total liabilities, including $38.6M of cash and equivalents.
Open the full interactive Insteel Industries financials → Quarterly statements, key ratios, valuation history and price charts.
Insteel Industries Key Stats
| Share Price | $30.36 |
|---|---|
| Market Cap | $591.8M |
| P/E Ratio | 14.5 |
| Revenue YoY Growth | +22.4% |
| 52-Week Range | $24.43 – $38.00 |
| Shares Outstanding | 19.5 million (basic, 2026 Q3) |
Insteel Industries Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $472.6M | $590.6M | $826.8M | $649.2M | $529.2M | $647.7M |
| Cost of Goods Sold | $416.8M | $469.1M | $629.5M | $583.8M | $479.6M | $554.3M |
| Gross Profit | $55.8M | $121.5M | $197.3M | $65.4M | $49.6M | $93.4M |
| Operating Income | $24.4M | $89.2M | $161.3M | $34.7M | $20.0M | $54.4M |
| Pre-Tax Income | $24.2M | $86.1M | $161.7M | $41.8M | $25.3M | $53.8M |
| Income Tax | $5.2M | $19.5M | $36.7M | $9.3M | $6.0M | $12.8M |
| Net Income | $19.0M | $66.6M | $125.0M | $32.4M | $19.3M | $41.0M |
| Diluted EPS | $0.98 | $3.41 | $6.37 | $1.66 | $0.99 | $2.10 |
Insteel Industries Quarterly Results
| 2025 Q4 | 2026 Q1 | 2026 Q2 | 2026 Q3 | |
|---|---|---|---|---|
| Revenue | $177.4M | $159.9M | $172.7M | $197.7M |
| Net Income | $14.6M | $7.6M | $5.2M | $9.0M |
| Diluted EPS | $0.74 | $0.39 | $0.27 | $0.46 |
Insteel Industries Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $68.7M | $89.9M | $48.3M | $125.7M | $111.5M | $38.6M |
| Current Assets | $197.0M | $246.9M | $335.3M | $298.9M | $267.3M | $261.9M |
| Total Assets | $337.9M | $390.7M | $471.7M | $447.5M | $422.6M | $462.6M |
| Current Liabilities | $53.7M | $68.8M | $62.6M | $46.2M | $47.0M | $66.0M |
| Total Liabilities | $73.1M | $88.7M | $82.0M | $66.0M | $71.7M | $91.1M |
| Shareholders' Equity | $264.8M | $302.0M | $389.7M | $381.5M | $350.9M | $371.5M |
Insteel Industries Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $56.2M | $69.9M | $5.7M | $142.2M | $58.2M | $27.2M |
| Cash From Investing | -$23.2M | -$17.8M | -$6.0M | -$20.9M | -$19.6M | -$75.7M |
| Cash From Financing | -$2.5M | -$30.9M | -$41.2M | -$44.0M | -$52.7M | -$24.4M |
| Free Cash Flow | $49.1M | $52.4M | -$10.2M | $111.5M | $39.1M | $18.9M |
Figures from Insteel Industries' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Insteel Industries financials page for every line item.
Insteel Industries Company Profile
| Ticker | IIIN |
|---|---|
| Exchange | NYSE |
| Industry | Steel Works, Blast Furnaces & Rolling & Finishing Mills |
| Headquarters | Mount Airy, North Carolina |
| Incorporated in | North Carolina |
| Fiscal Year End | October 3 |
| SEC Filer Category | Accelerated filer |
| SEC CIK | 0000764401 |
Frequently Asked Questions
What was Insteel Industries' revenue in fiscal 2025?
Insteel Industries (IIIN) reported revenue of $647.7M for fiscal 2025.
What is Insteel Industries' annual revenue history?
Insteel Industries' annual revenue by fiscal year: 2020: $472.6M; 2021: $590.6M; 2022: $826.8M; 2023: $649.2M; 2024: $529.2M; 2025: $647.7M.
What was Insteel Industries' net income in fiscal 2025?
Insteel Industries reported net income of $41.0M for fiscal 2025.
What was Insteel Industries' earnings per share (EPS) in fiscal 2025?
Insteel Industries' diluted EPS was $2.10 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Insteel Industries generate in fiscal 2025?
Insteel Industries generated $18.9M of free cash flow in fiscal 2025.
What was Insteel Industries' revenue last quarter?
In its most recent reported quarter (2026 Q3), Insteel Industries reported revenue of $197.7M.
How many shares of Insteel Industries are outstanding?
Insteel Industries reported a weighted average of 19.5 million basic shares outstanding in 2026 Q3.
What is Insteel Industries' market cap?
Based on its latest closing price, Insteel Industries (IIIN) has a market capitalization of about $591.8M.
When does Insteel Industries' fiscal year end?
Insteel Industries' fiscal year end, as registered with the SEC, is October 3.
Where is Insteel Industries headquartered?
Insteel Industries lists its business address in Mount Airy, North Carolina in its SEC filings.
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