vs

Side-by-side financial comparison of Axsome Therapeutics, Inc. (AXSM) and INSTEEL INDUSTRIES INC (IIIN). Click either name above to swap in a different company.

Axsome Therapeutics, Inc. is the larger business by last-quarter revenue ($196.0M vs $159.9M, roughly 1.2× INSTEEL INDUSTRIES INC). INSTEEL INDUSTRIES INC runs the higher net margin — 4.7% vs -14.6%, a 19.3% gap on every dollar of revenue. On growth, Axsome Therapeutics, Inc. posted the faster year-over-year revenue change (65.0% vs 23.3%). INSTEEL INDUSTRIES INC produced more free cash flow last quarter ($-2.2M vs $-18.7M). Over the past eight quarters, Axsome Therapeutics, Inc.'s revenue compounded faster (61.7% CAGR vs 12.0%).

Jazz Pharmaceuticals plc is a global biopharmaceutical company with a focus on oncology and neuroscience. It was founded in 2003 in California, United States and is now headquartered in Dublin, Ireland.

Insteel Industries Inc is a leading U.S. manufacturer of steel reinforcing products including welded wire reinforcement and steel fibers. It primarily serves non-residential construction, infrastructure, and precast concrete segments across North America, delivering high-performance reinforcement solutions for various construction projects.

AXSM vs IIIN — Head-to-Head

Bigger by revenue
AXSM
AXSM
1.2× larger
AXSM
$196.0M
$159.9M
IIIN
Growing faster (revenue YoY)
AXSM
AXSM
+41.7% gap
AXSM
65.0%
23.3%
IIIN
Higher net margin
IIIN
IIIN
19.3% more per $
IIIN
4.7%
-14.6%
AXSM
More free cash flow
IIIN
IIIN
$16.5M more FCF
IIIN
$-2.2M
$-18.7M
AXSM
Faster 2-yr revenue CAGR
AXSM
AXSM
Annualised
AXSM
61.7%
12.0%
IIIN

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AXSM
AXSM
IIIN
IIIN
Revenue
$196.0M
$159.9M
Net Profit
$-28.6M
$7.6M
Gross Margin
11.3%
Operating Margin
-13.8%
6.0%
Net Margin
-14.6%
4.7%
Revenue YoY
65.0%
23.3%
Net Profit YoY
61.9%
602.4%
EPS (diluted)
$-0.55
$0.39

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AXSM
AXSM
IIIN
IIIN
Q4 25
$196.0M
$159.9M
Q3 25
$171.0M
$177.4M
Q2 25
$150.0M
$179.9M
Q1 25
$121.5M
$160.7M
Q4 24
$118.8M
$129.7M
Q3 24
$104.8M
$134.3M
Q2 24
$87.2M
$145.8M
Q1 24
$75.0M
$127.4M
Net Profit
AXSM
AXSM
IIIN
IIIN
Q4 25
$-28.6M
$7.6M
Q3 25
$-47.2M
$14.6M
Q2 25
$-48.0M
$15.2M
Q1 25
$-59.4M
$10.2M
Q4 24
$-74.9M
$1.1M
Q3 24
$-64.6M
$4.7M
Q2 24
$-79.3M
$6.6M
Q1 24
$-68.4M
$6.9M
Gross Margin
AXSM
AXSM
IIIN
IIIN
Q4 25
11.3%
Q3 25
16.1%
Q2 25
17.1%
Q1 25
15.3%
Q4 24
7.3%
Q3 24
9.1%
Q2 24
10.6%
Q1 24
12.3%
Operating Margin
AXSM
AXSM
IIIN
IIIN
Q4 25
-13.8%
6.0%
Q3 25
-27.0%
10.8%
Q2 25
-24.5%
11.0%
Q1 25
-46.9%
8.3%
Q4 24
-61.1%
1.1%
Q3 24
-59.8%
4.5%
Q2 24
-89.5%
6.0%
Q1 24
-89.7%
7.0%
Net Margin
AXSM
AXSM
IIIN
IIIN
Q4 25
-14.6%
4.7%
Q3 25
-27.6%
8.2%
Q2 25
-32.0%
8.4%
Q1 25
-48.9%
6.4%
Q4 24
-63.1%
0.8%
Q3 24
-61.7%
3.5%
Q2 24
-91.0%
4.5%
Q1 24
-91.1%
5.4%
EPS (diluted)
AXSM
AXSM
IIIN
IIIN
Q4 25
$-0.55
$0.39
Q3 25
$-0.94
$0.74
Q2 25
$-0.97
$0.78
Q1 25
$-1.22
$0.52
Q4 24
$-1.54
$0.06
Q3 24
$-1.34
$0.24
Q2 24
$-1.67
$0.34
Q1 24
$-1.44
$0.35

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AXSM
AXSM
IIIN
IIIN
Cash + ST InvestmentsLiquidity on hand
$322.9M
$15.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$88.3M
$358.8M
Total Assets
$689.8M
$456.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AXSM
AXSM
IIIN
IIIN
Q4 25
$322.9M
$15.6M
Q3 25
$325.3M
$38.6M
Q2 25
$303.0M
$53.7M
Q1 25
$300.9M
$28.4M
Q4 24
$315.4M
$36.0M
Q3 24
$327.3M
$111.5M
Q2 24
$315.7M
$97.7M
Q1 24
$331.4M
$83.9M
Stockholders' Equity
AXSM
AXSM
IIIN
IIIN
Q4 25
$88.3M
$358.8M
Q3 25
$73.7M
$371.5M
Q2 25
$73.1M
$356.2M
Q1 25
$53.2M
$341.4M
Q4 24
$57.0M
$331.6M
Q3 24
$92.9M
$350.9M
Q2 24
$102.9M
$346.0M
Q1 24
$144.0M
$340.6M
Total Assets
AXSM
AXSM
IIIN
IIIN
Q4 25
$689.8M
$456.1M
Q3 25
$669.3M
$462.6M
Q2 25
$639.8M
$471.9M
Q1 25
$596.7M
$421.9M
Q4 24
$568.5M
$404.7M
Q3 24
$561.5M
$422.6M
Q2 24
$548.2M
$414.6M
Q1 24
$545.7M
$397.2M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AXSM
AXSM
IIIN
IIIN
Operating Cash FlowLast quarter
$-18.7M
$-701.0K
Free Cash FlowOCF − Capex
$-18.7M
$-2.2M
FCF MarginFCF / Revenue
-9.6%
-1.4%
Capex IntensityCapex / Revenue
0.0%
0.9%
Cash ConversionOCF / Net Profit
-0.09×
TTM Free Cash FlowTrailing 4 quarters
$-93.9M
$439.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AXSM
AXSM
IIIN
IIIN
Q4 25
$-18.7M
$-701.0K
Q3 25
$1.0M
$-17.0M
Q2 25
$-32.4M
$28.5M
Q1 25
$-43.4M
$-3.3M
Q4 24
$-26.2M
$19.0M
Q3 24
$-18.6M
$16.2M
Q2 24
$-30.1M
$18.8M
Q1 24
$-53.5M
$1.4M
Free Cash Flow
AXSM
AXSM
IIIN
IIIN
Q4 25
$-18.7M
$-2.2M
Q3 25
$988.0K
$-18.7M
Q2 25
$-32.4M
$26.9M
Q1 25
$-43.7M
$-5.5M
Q4 24
$-26.2M
$16.3M
Q3 24
$-18.7M
$14.5M
Q2 24
$-30.2M
$15.5M
Q1 24
$-53.6M
$-580.0K
FCF Margin
AXSM
AXSM
IIIN
IIIN
Q4 25
-9.6%
-1.4%
Q3 25
0.6%
-10.6%
Q2 25
-21.6%
15.0%
Q1 25
-36.0%
-3.5%
Q4 24
-22.1%
12.6%
Q3 24
-17.9%
10.8%
Q2 24
-34.6%
10.7%
Q1 24
-71.4%
-0.5%
Capex Intensity
AXSM
AXSM
IIIN
IIIN
Q4 25
0.0%
0.9%
Q3 25
0.0%
1.0%
Q2 25
0.0%
0.9%
Q1 25
0.3%
1.4%
Q4 24
0.0%
2.1%
Q3 24
0.1%
1.3%
Q2 24
0.1%
2.2%
Q1 24
0.1%
1.5%
Cash Conversion
AXSM
AXSM
IIIN
IIIN
Q4 25
-0.09×
Q3 25
-1.17×
Q2 25
1.88×
Q1 25
-0.32×
Q4 24
17.56×
Q3 24
3.48×
Q2 24
2.86×
Q1 24
0.20×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AXSM
AXSM

Segment breakdown not available.

IIIN
IIIN

Welded Wire Reinforcement$108.4M68%
PC Strand$51.6M32%

Related Comparisons