Filing Flows › Insteel Industries (IIIN) › Q4 FY26 › vs Q3 FY26
Insteel Industries (IIIN) Q4 FY26 vs Q3 FY26 (quarter over quarter)
Insteel Industries's revenue rose $11.6M (+6%) from $198M in Q3 FY26 to $209M in Q4 FY26. The biggest changes: Welded Wire Reinforcement +$11.7M (+9%); PC Strand −$64K (-0.1%). Gross margin 10.0% against 10.2% (-0.1 pts).
Insteel Industries, Q4 FY26: revenue $209M (+18% year over year), operating margin 4.9%, net earnings $7.7M, operating cash flow $18.6M. The chart draws each line against Q3 FY26, the increases inside each band.
Margins
| Q4 FY26 | Q3 FY26 | Change | |
|---|---|---|---|
| Gross margin | 10.0% | 10.2% | -0.1 pts |
| Operating margin | 4.9% | 5.9% | -1.0 pts |
| Net margin | 3.7% | 4.6% | -0.9 pts |
| Free cash flow margin | 7.6% | 5.3% | +2.3 pts |
Every line
| Line | Q4 FY26 | Q3 FY26 | Change | % |
|---|---|---|---|---|
| Welded Wire Reinforcement | $135M | $124M | $11.7M | +9% |
| PC Strand | $73.9M | $73.9M | −$64K | -0.1% |
| Revenue | $209M | $198M | $11.6M | +6% |
| Gross profit | $21.0M | $20.1M | $921K | +5% |
| Cost of revenue | $188M | $178M | $10.7M | +6% |
| Operating profit | $10.2M | $11.7M | −$1.5M | -13% |
| Operating expenses | $10.8M | $8.4M | $2.4M | +29% |
| Pre-tax earnings | $10.2M | $11.7M | −$1.5M | -13% |
| Net earnings | $7.7M | $9.0M | −$1.3M | -14% |
| Income tax | $2.5M | $2.7M | −$200K | -7% |
| Depreciation & amortization | $4.4M | $4.4M | $1K | 0% |
| Share-based compensation | $1.3M | $395K | $941K | +238% |
| Working capital & other | $5.2M | −$143K | $5.3M | — |
| Operating cash flow | $18.6M | $13.7M | $4.9M | +36% |
| Free cash flow (OCF − capex) | $15.9M | $10.5M | $5.4M | +51% |
| Capital expenditures | $2.7M | $3.2M | −$436K | -14% |
Questions
How much did Insteel Industries's revenue grow quarter over quarter in Q4 FY26?
Insteel Industries's revenue rose $11.6M (+6%) from $198M in Q3 FY26 to $209M in Q4 FY26.
What drove Insteel Industries's revenue change in Q4 FY26?
Welded Wire Reinforcement +$11.7M (+9%); PC Strand −$64K (-0.1%).