Filing Flows

Filing Flows › Companies › Insteel Industries › Cash flow

Insteel Industries cash flow, quarter by quarter

Latest: Q4 FY26 · from the cash-flow statements filed with the SEC

Free cash flow$15.9M in Q4 FY26

Operating cash flow$18.6M
Capital spending−$2.7M
Free cash flow+$15.9M
Cash / net income2.4×
Cash conversion cycle89 days

Analysis

In Q4 FY26, Insteel Industries generated $18.6M of operating cash flow and spent $2.7M on capital projects, leaving free cash flow of $15.9M.

Operating cash flow was $18.6M against net income of $7.7M — 2.4× profit, cash ran ahead of reported earnings. The largest differences: inventory +$16.1M, receivables −$8.6M, depreciation & amortization +$4.4M.

Its cash conversion cycle was 89 days (receivables 40 + inventory 83 − payables 33).

Free cash flow

Insteel Industries: free cash flow by quarterInsteel Industries: free cash flow by quarter$16.3MQ1 FY25−$5.5MQ2 FY25$26.9MQ3 FY25−$18.7MQ4 FY25−$2.2MQ1 FY26$671KQ2 FY26$10.5MQ3 FY26$15.9MQ4 FY26
Operating cash flow less capital spending.
Insteel Industries: operating cash flow against capital spendingInsteel Industries: operating cash flow against capital spendingOperating cash flowCapital spending$19.0M$2.7MQ1 FY25−$3.3M$2.2MQ2 FY25$28.5M$1.6MQ3 FY25−$17.0M$1.7MQ4 FY25−$701K$1.5MQ1 FY26$5.1M$4.4MQ2 FY26$13.7M$3.2MQ3 FY26$18.6M$2.7MQ4 FY26
Latest (Q4 FY26): Operating cash flow $18.6M, Capital spending $2.7M.

Capital allocation, year by year

Insteel Industries: where the cash came from (up) and went (down), by fiscal yearInsteel Industries: where the cash came from (up) and went (down), by fiscal yearOperating cash flowShares issuedAsset salesCapital spendingAcquisitionsBuybacksDividendsFY22: Operating cash flow $5.7MFY22: Shares issued $1.6MFY22: Capital spending −$15.9MFY22: Buybacks −$1.2MFY22: Dividends −$41.2M$7.3MFY22FY23: Operating cash flow $142MFY23: Shares issued $239KFY23: Asset sales $9.9MFY23: Capital spending −$30.7MFY23: Buybacks −$2.3MFY23: Dividends −$41.3M$152MFY23FY24: Operating cash flow $58.2MFY24: Shares issued $428KFY24: Asset sales $4KFY24: Capital spending −$19.1MFY24: Buybacks −$1.8MFY24: Dividends −$50.9M$58.6MFY24FY25: Operating cash flow $27.2MFY25: Shares issued $62KFY25: Asset sales $107KFY25: Capital spending −$8.2MFY25: Acquisitions −$72.1MFY25: Buybacks −$2.3MFY25: Dividends −$21.8M$27.3MFY25FY26: Operating cash flow $36.6MFY26: Asset sales $4KFY26: Capital spending −$11.8MFY26: Buybacks −$3.2MFY26: Dividends −$21.7M$36.6MFY26
Over these 5 years operating cash flow totalled $270M; the largest uses were dividends ($177M) and capital spending ($85.8M). Cash-flow statements as filed.

Cash runway and the debt wall

Cash & investments$37.5M
Debtnone
Net cash$37.5M

Insteel Industries funds itself: free cash flow was — over the last twelve months, with $37.5M of cash and investments and no debt on the balance sheet.

Where the cash came from and went

Insteel Industries: sources (+) and uses (−) of cash, Q4 FY26Insteel Industries: sources (+) and uses (−) of cash, Q4 FY26Operating cash flow$18.6MCash drawn (+) / kept (−)−$14.5MCapital spending−$2.7MDividends−$581KBuybacks−$457KTaxes on employees’ shares−$199KOther investing−$104KAsset & business sales$4K

From profit to cash

Insteel Industries: net income to operating cash flow, Q4 FY26Insteel Industries: net income to operating cash flow, Q4 FY26Net income$7.7MDepreciation & amortization$4.4MStock-based pay$1.3MDeferred taxes−$153KGains on disposals$11KReceivables−$8.6MInventory$16.1MPayables−$2.9MOther operating capital$296KOperating cash flow$18.6M
Non-cash charges are added back; money tied up in receivables or inventory is subtracted.
QuarterReceivable daysInventory daysPayable daysCash conversion cycle
Q4 FY2640833389
Q3 FY2637843388
Q2 FY26389735100
Q1 FY26419934106
Q4 FY2542793783
Q3 FY2541663671
Q2 FY2537652775
Q1 FY2538712881

Every quarter

QuarterOperating cash flowCapital spendingAcquisitionsBuybacksDividendsShares issuedCash drawn (+) / kept (−)Free cash flow
Q4 FY26$18.6M−$2.7M—−$457K−$581K—−$14.5M$15.9M
Q3 FY26$13.7M−$3.2M—−$1.9M−$581K—−$7.9M$10.5M
Q2 FY26$5.1M−$4.4M——−$583K—$501K$671K
Q1 FY26−$701K−$1.5M—−$745K−$20.0M—$23.0M−$2.2M
Q4 FY25−$17.0M−$1.7M−$33K−$307K−$583K—$15.0M−$18.7M
Q3 FY25$28.5M−$1.6M−$600K−$224K−$582K$62K−$25.2M$26.9M
Q2 FY25−$3.3M−$2.2M—−$1.1M−$582K—$7.5M−$5.5M
Q1 FY25$19.0M−$2.7M−$71.5M−$617K−$20.0M—$75.6M$16.3M

Insteel Industries: income statement and cash flow

Insteel Industries, Q4 FY26: revenue $209M (+18% year over year), operating margin 4.9%. The chart follows the revenue to costs, profit and cash.

Insteel Industries: every quarter, Q/Q and Y/Y → Open in the app

Read automatically from the company’s XBRL cash-flow statements; quarterly figures for the fourth quarter are the year less the first three. Errors are possible. Not investment advice.