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Side-by-side financial comparison of CLPS Inc (CLPS) 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 $82.8M, roughly 1.9× CLPS Inc). INSTEEL INDUSTRIES INC runs the higher net margin — 4.7% vs 0.2%, a 4.5% gap on every dollar of revenue.

CLPS Inc is a global information technology, consulting and digital solutions provider primarily serving the financial services sector, including banking, insurance and asset management clients. It also offers tailored tech solutions for retail, healthcare and e-commerce segments, with operating footprints across North America, Asia Pacific and Europe.

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.

CLPS vs IIIN — Head-to-Head

Bigger by revenue
IIIN
IIIN
1.9× larger
IIIN
$159.9M
$82.8M
CLPS
Higher net margin
IIIN
IIIN
4.5% more per $
IIIN
4.7%
0.2%
CLPS

Income Statement — Q4 FY2026 vs Q1 FY2026

Metric
CLPS
CLPS
IIIN
IIIN
Revenue
$82.8M
$159.9M
Net Profit
$183.0K
$7.6M
Gross Margin
23.1%
11.3%
Operating Margin
0.2%
6.0%
Net Margin
0.2%
4.7%
Revenue YoY
23.3%
Net Profit YoY
602.4%
EPS (diluted)
$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
CLPS
CLPS
IIIN
IIIN
Q2 26
$82.8M
Q4 25
$159.9M
Q3 25
$177.4M
Q2 25
$179.9M
Q1 25
$160.7M
Q4 24
$71.8M
$129.7M
Q3 24
$134.3M
Q2 24
$145.8M
Net Profit
CLPS
CLPS
IIIN
IIIN
Q2 26
$183.0K
Q4 25
$7.6M
Q3 25
$14.6M
Q2 25
$15.2M
Q1 25
$10.2M
Q4 24
$-993.5K
$1.1M
Q3 24
$4.7M
Q2 24
$6.6M
Gross Margin
CLPS
CLPS
IIIN
IIIN
Q2 26
23.1%
Q4 25
11.3%
Q3 25
16.1%
Q2 25
17.1%
Q1 25
15.3%
Q4 24
21.9%
7.3%
Q3 24
9.1%
Q2 24
10.6%
Operating Margin
CLPS
CLPS
IIIN
IIIN
Q2 26
0.2%
Q4 25
6.0%
Q3 25
10.8%
Q2 25
11.0%
Q1 25
8.3%
Q4 24
-1.3%
1.1%
Q3 24
4.5%
Q2 24
6.0%
Net Margin
CLPS
CLPS
IIIN
IIIN
Q2 26
0.2%
Q4 25
4.7%
Q3 25
8.2%
Q2 25
8.4%
Q1 25
6.4%
Q4 24
-1.4%
0.8%
Q3 24
3.5%
Q2 24
4.5%
EPS (diluted)
CLPS
CLPS
IIIN
IIIN
Q2 26
Q4 25
$0.39
Q3 25
$0.74
Q2 25
$0.78
Q1 25
$0.52
Q4 24
$0.06
Q3 24
$0.24
Q2 24
$0.34

Balance Sheet & Financial Strength

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

Metric
CLPS
CLPS
IIIN
IIIN
Cash + ST InvestmentsLiquidity on hand
$29.1M
$15.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$57.6M
$358.8M
Total Assets
$118.1M
$456.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLPS
CLPS
IIIN
IIIN
Q2 26
$29.1M
Q4 25
$15.6M
Q3 25
$38.6M
Q2 25
$53.7M
Q1 25
$28.4M
Q4 24
$31.2M
$36.0M
Q3 24
$111.5M
Q2 24
$97.7M
Stockholders' Equity
CLPS
CLPS
IIIN
IIIN
Q2 26
$57.6M
Q4 25
$358.8M
Q3 25
$371.5M
Q2 25
$356.2M
Q1 25
$341.4M
Q4 24
$63.9M
$331.6M
Q3 24
$350.9M
Q2 24
$346.0M
Total Assets
CLPS
CLPS
IIIN
IIIN
Q2 26
$118.1M
Q4 25
$456.1M
Q3 25
$462.6M
Q2 25
$471.9M
Q1 25
$421.9M
Q4 24
$110.0M
$404.7M
Q3 24
$422.6M
Q2 24
$414.6M

Cash Flow & Capital Efficiency

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

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CLPS
CLPS
IIIN
IIIN
Q2 26
Q4 25
$-701.0K
Q3 25
$-17.0M
Q2 25
$28.5M
Q1 25
$-3.3M
Q4 24
$19.0M
Q3 24
$16.2M
Q2 24
$18.8M
Free Cash Flow
CLPS
CLPS
IIIN
IIIN
Q2 26
Q4 25
$-2.2M
Q3 25
$-18.7M
Q2 25
$26.9M
Q1 25
$-5.5M
Q4 24
$16.3M
Q3 24
$14.5M
Q2 24
$15.5M
FCF Margin
CLPS
CLPS
IIIN
IIIN
Q2 26
Q4 25
-1.4%
Q3 25
-10.6%
Q2 25
15.0%
Q1 25
-3.5%
Q4 24
12.6%
Q3 24
10.8%
Q2 24
10.7%
Capex Intensity
CLPS
CLPS
IIIN
IIIN
Q2 26
Q4 25
0.9%
Q3 25
1.0%
Q2 25
0.9%
Q1 25
1.4%
Q4 24
2.1%
Q3 24
1.3%
Q2 24
2.2%
Cash Conversion
CLPS
CLPS
IIIN
IIIN
Q2 26
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×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CLPS
CLPS

Segment breakdown not available.

IIIN
IIIN

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

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