Every 10-Q that Insteel Industries, Inc. (IIIN) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow IIIN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full IIIN filings page.
Insteel Industries reported higher revenue but lower profitability for the quarter ended June 27, 2026. Net sales rose 9.9% to $197.7 million, driven by an 8.1% increase in average selling prices and modest volume growth, while gross margin narrowed to 10.2% from 17.1% as raw material and freight costs outpaced pricing.
Net earnings declined 40.5% to $9.0 million, or $0.46 per diluted share. For the first nine months, net earnings decreased to $21.8 million on $530.2 million of sales. Operating cash flow fell to $18.0 million and cash to $22.9 million, but the company remained debt‑free with $98.7 million of borrowing capacity. Management emphasized cost discipline, integration of prior‑year acquisitions and a generally positive outlook supported by infrastructure demand.
Insteel Industries reported mixed results for the quarter ended March 28, 2026. Net sales rose 7.5% to $172.7 million, driven by a 14.2% increase in average selling prices, but shipments fell 5.9% due to adverse weather and project delays.
Quarterly net earnings dropped 49.0% to $5.2 million, or $0.27 per diluted share, as gross margin compressed to 9.6% from 15.3% on higher raw material, manufacturing and freight costs. For the first half, sales grew 14.5% to $332.6 million and net earnings increased 13.3% to $12.8 million, reflecting stronger price spreads overall.
Operating cash flow fell to $4.4 million from $15.7 million as inventories and receivables increased, while cash ended at $15.1 million with no debt and shareholders’ equity of $364.5 million. The company paid a special dividend of $1.00 per share and continues to integrate its 2025 wire reinforcement acquisitions, expecting stronger shipments in the second half but noting ongoing cost and geopolitical risks.
Insteel Industries reported a strong first quarter of fiscal 2026, with net sales rising to $159.9M, up 23.3% from $129.7M a year earlier. Growth was driven by an 18.8% increase in average selling prices and 3.8% higher shipments, supported by solid infrastructure and commercial construction demand and contributions from the 2024 EWP and OWP acquisitions.
Gross profit nearly doubled to $18.1M, or 11.3% of sales, compared with $9.5M and a 7.3% margin, mainly from better spreads over raw material costs and lower manufacturing costs. Net earnings jumped to $7.6M, or $0.39 per diluted share, from $1.1M or $0.06, helped by lower restructuring and acquisition costs despite higher SG&A.
Operating cash flow was a modest outflow of $0.7M, as a $34.5M inventory build more than offset earnings, while the company ended the quarter with $15.6M in cash, no debt, and $98.7M of available borrowing capacity on its $100M revolver. Insteel paid $1.03 per share in dividends, including a $1.00 special dividend, and repurchased 23,905 shares, while management maintains a positive outlook but notes ongoing steel import competition.