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Side-by-side financial comparison of DMC Global Inc. (BOOM) and INSTEEL INDUSTRIES INC (IIIN). Click either name above to swap in a different company.
INSTEEL INDUSTRIES INC is the larger business by last-quarter revenue ($159.9M vs $143.5M, roughly 1.1× DMC Global Inc.). INSTEEL INDUSTRIES INC runs the higher net margin — 4.7% vs -7.8%, a 12.5% gap on every dollar of revenue. On growth, INSTEEL INDUSTRIES INC posted the faster year-over-year revenue change (23.3% vs -5.8%). DMC Global Inc. produced more free cash flow last quarter ($9.6M vs $-2.2M). Over the past eight quarters, INSTEEL INDUSTRIES INC's revenue compounded faster (12.0% CAGR vs -7.3%).
DMC Mining Services is a mining services contractor founded in 1980 operating in Canada, the United States, Chile, and Mongolia
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.
BOOM vs IIIN — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $143.5M | $159.9M |
| Net Profit | $-11.2M | $7.6M |
| Gross Margin | 17.1% | 11.3% |
| Operating Margin | -7.8% | 6.0% |
| Net Margin | -7.8% | 4.7% |
| Revenue YoY | -5.8% | 23.3% |
| Net Profit YoY | -3871.6% | 602.4% |
| EPS (diluted) | $-0.60 | $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.
| Q4 25 | $143.5M | $159.9M | ||
| Q3 25 | $151.5M | $177.4M | ||
| Q2 25 | $155.5M | $179.9M | ||
| Q1 25 | $159.3M | $160.7M | ||
| Q4 24 | $152.4M | $129.7M | ||
| Q3 24 | $152.4M | $134.3M | ||
| Q2 24 | $171.2M | $145.8M | ||
| Q1 24 | $166.9M | $127.4M |
| Q4 25 | $-11.2M | $7.6M | ||
| Q3 25 | $-3.1M | $14.6M | ||
| Q2 25 | $116.0K | $15.2M | ||
| Q1 25 | $677.0K | $10.2M | ||
| Q4 24 | $296.0K | $1.1M | ||
| Q3 24 | $-101.3M | $4.7M | ||
| Q2 24 | $4.0M | $6.6M | ||
| Q1 24 | $2.6M | $6.9M |
| Q4 25 | 17.1% | 11.3% | ||
| Q3 25 | 21.7% | 16.1% | ||
| Q2 25 | 23.6% | 17.1% | ||
| Q1 25 | 25.9% | 15.3% | ||
| Q4 24 | 20.8% | 7.3% | ||
| Q3 24 | 19.8% | 9.1% | ||
| Q2 24 | 27.1% | 10.6% | ||
| Q1 24 | 25.4% | 12.3% |
| Q4 25 | -7.8% | 6.0% | ||
| Q3 25 | 0.4% | 10.8% | ||
| Q2 25 | 2.5% | 11.0% | ||
| Q1 25 | 4.1% | 8.3% | ||
| Q4 24 | -0.5% | 1.1% | ||
| Q3 24 | -97.7% | 4.5% | ||
| Q2 24 | 6.8% | 6.0% | ||
| Q1 24 | 4.0% | 7.0% |
| Q4 25 | -7.8% | 4.7% | ||
| Q3 25 | -2.0% | 8.2% | ||
| Q2 25 | 0.1% | 8.4% | ||
| Q1 25 | 0.4% | 6.4% | ||
| Q4 24 | 0.2% | 0.8% | ||
| Q3 24 | -66.5% | 3.5% | ||
| Q2 24 | 2.3% | 4.5% | ||
| Q1 24 | 1.5% | 5.4% |
| Q4 25 | $-0.60 | $0.39 | ||
| Q3 25 | $-0.10 | $0.74 | ||
| Q2 25 | $-0.24 | $0.78 | ||
| Q1 25 | $0.04 | $0.52 | ||
| Q4 24 | $-0.18 | $0.06 | ||
| Q3 24 | $-8.27 | $0.24 | ||
| Q2 24 | $0.24 | $0.34 | ||
| Q1 24 | $0.01 | $0.35 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $31.9M | $15.6M |
| Total DebtLower is stronger | $50.6M | — |
| Stockholders' EquityBook value | $242.1M | $358.8M |
| Total Assets | $635.8M | $456.1M |
| Debt / EquityLower = less leverage | 0.21× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $31.9M | $15.6M | ||
| Q3 25 | $26.4M | $38.6M | ||
| Q2 25 | $12.4M | $53.7M | ||
| Q1 25 | $14.7M | $28.4M | ||
| Q4 24 | $14.3M | $36.0M | ||
| Q3 24 | $14.5M | $111.5M | ||
| Q2 24 | $14.6M | $97.7M | ||
| Q1 24 | $20.4M | $83.9M |
| Q4 25 | $50.6M | — | ||
| Q3 25 | $56.5M | — | ||
| Q2 25 | $58.7M | — | ||
| Q1 25 | $72.4M | — | ||
| Q4 24 | $70.8M | — | ||
| Q3 24 | $74.2M | — | ||
| Q2 24 | $84.1M | — | ||
| Q1 24 | $88.0M | — |
| Q4 25 | $242.1M | $358.8M | ||
| Q3 25 | $253.0M | $371.5M | ||
| Q2 25 | $253.9M | $356.2M | ||
| Q1 25 | $253.9M | $341.4M | ||
| Q4 24 | $251.0M | $331.6M | ||
| Q3 24 | $256.5M | $350.9M | ||
| Q2 24 | $416.0M | $346.0M | ||
| Q1 24 | $409.9M | $340.6M |
| Q4 25 | $635.8M | $456.1M | ||
| Q3 25 | $644.1M | $462.6M | ||
| Q2 25 | $645.0M | $471.9M | ||
| Q1 25 | $670.6M | $421.9M | ||
| Q4 24 | $671.3M | $404.7M | ||
| Q3 24 | $702.0M | $422.6M | ||
| Q2 24 | $869.5M | $414.6M | ||
| Q1 24 | $860.0M | $397.2M |
| Q4 25 | 0.21× | — | ||
| Q3 25 | 0.22× | — | ||
| Q2 25 | 0.23× | — | ||
| Q1 25 | 0.29× | — | ||
| Q4 24 | 0.28× | — | ||
| Q3 24 | 0.29× | — | ||
| Q2 24 | 0.20× | — | ||
| Q1 24 | 0.21× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $15.2M | $-701.0K |
| Free Cash FlowOCF − Capex | $9.6M | $-2.2M |
| FCF MarginFCF / Revenue | 6.7% | -1.4% |
| Capex IntensityCapex / Revenue | 3.9% | 0.9% |
| Cash ConversionOCF / Net Profit | — | -0.09× |
| TTM Free Cash FlowTrailing 4 quarters | $37.0M | $439.0K |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $15.2M | $-701.0K | ||
| Q3 25 | $18.6M | $-17.0M | ||
| Q2 25 | $15.2M | $28.5M | ||
| Q1 25 | $4.5M | $-3.3M | ||
| Q4 24 | $11.8M | $19.0M | ||
| Q3 24 | $19.0M | $16.2M | ||
| Q2 24 | $2.3M | $18.8M | ||
| Q1 24 | $13.4M | $1.4M |
| Q4 25 | $9.6M | $-2.2M | ||
| Q3 25 | $14.4M | $-18.7M | ||
| Q2 25 | $12.3M | $26.9M | ||
| Q1 25 | $709.0K | $-5.5M | ||
| Q4 24 | $6.1M | $16.3M | ||
| Q3 24 | $12.9M | $14.5M | ||
| Q2 24 | $-204.0K | $15.5M | ||
| Q1 24 | $10.5M | $-580.0K |
| Q4 25 | 6.7% | -1.4% | ||
| Q3 25 | 9.5% | -10.6% | ||
| Q2 25 | 7.9% | 15.0% | ||
| Q1 25 | 0.4% | -3.5% | ||
| Q4 24 | 4.0% | 12.6% | ||
| Q3 24 | 8.5% | 10.8% | ||
| Q2 24 | -0.1% | 10.7% | ||
| Q1 24 | 6.3% | -0.5% |
| Q4 25 | 3.9% | 0.9% | ||
| Q3 25 | 2.8% | 1.0% | ||
| Q2 25 | 1.9% | 0.9% | ||
| Q1 25 | 2.4% | 1.4% | ||
| Q4 24 | 3.7% | 2.1% | ||
| Q3 24 | 4.0% | 1.3% | ||
| Q2 24 | 1.5% | 2.2% | ||
| Q1 24 | 1.8% | 1.5% |
| Q4 25 | — | -0.09× | ||
| Q3 25 | — | -1.17× | ||
| Q2 25 | 131.43× | 1.88× | ||
| Q1 25 | 6.63× | -0.32× | ||
| Q4 24 | 39.90× | 17.56× | ||
| Q3 24 | — | 3.48× | ||
| Q2 24 | 0.58× | 2.86× | ||
| Q1 24 | 5.24× | 0.20× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BOOM
| Dyna Energetics Segment | $68.9M | 48% |
| Other | $57.0M | 40% |
| Nobel Clad Segment | $17.7M | 12% |
IIIN
| Welded Wire Reinforcement | $108.4M | 68% |
| PC Strand | $51.6M | 32% |
