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Side-by-side financial comparison of AMERICAS CARMART INC (CRMT) and INSTEEL INDUSTRIES INC (IIIN). Click either name above to swap in a different company.
AMERICAS CARMART INC is the larger business by last-quarter revenue ($286.3M vs $159.9M, roughly 1.8× INSTEEL INDUSTRIES INC). INSTEEL INDUSTRIES INC runs the higher net margin — 4.7% vs -7.8%, a 12.6% gap on every dollar of revenue. On growth, INSTEEL INDUSTRIES INC posted the faster year-over-year revenue change (23.3% vs 0.2%). AMERICAS CARMART INC produced more free cash flow last quarter ($8.3M vs $-2.2M). Over the past eight quarters, INSTEEL INDUSTRIES INC's revenue compounded faster (12.0% CAGR vs 9.1%).
Americas CarMart Inc is a US-based specialty automotive retailer that primarily sells used vehicles and provides tailored in-house financing solutions for customers with limited or poor credit histories. It operates a network of physical dealerships concentrated in the Southern and Midwestern regions of the United States, serving underserved consumer segments in the automotive purchase market.
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.
CRMT vs IIIN — Head-to-Head
Income Statement — Q2 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $286.3M | $159.9M |
| Net Profit | $-22.5M | $7.6M |
| Gross Margin | 37.5% | 11.3% |
| Operating Margin | -9.6% | 6.0% |
| Net Margin | -7.8% | 4.7% |
| Revenue YoY | 0.2% | 23.3% |
| Net Profit YoY | -540.7% | 602.4% |
| EPS (diluted) | $-2.71 | $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 | $286.3M | $159.9M | ||
| Q3 25 | $276.2M | $177.4M | ||
| Q2 25 | $309.7M | $179.9M | ||
| Q1 25 | $263.5M | $160.7M | ||
| Q4 24 | $285.8M | $129.7M | ||
| Q3 24 | $287.2M | $134.3M | ||
| Q2 24 | $309.7M | $145.8M | ||
| Q1 24 | $240.4M | $127.4M |
| Q4 25 | $-22.5M | $7.6M | ||
| Q3 25 | $-5.7M | $14.6M | ||
| Q2 25 | $10.6M | $15.2M | ||
| Q1 25 | $3.2M | $10.2M | ||
| Q4 24 | $5.1M | $1.1M | ||
| Q3 24 | $-964.0K | $4.7M | ||
| Q2 24 | $426.0K | $6.6M | ||
| Q1 24 | $-8.5M | $6.9M |
| Q4 25 | 37.5% | 11.3% | ||
| Q3 25 | 36.6% | 16.1% | ||
| Q2 25 | 36.4% | 17.1% | ||
| Q1 25 | 35.7% | 15.3% | ||
| Q4 24 | 39.4% | 7.3% | ||
| Q3 24 | 35.0% | 9.1% | ||
| Q2 24 | 35.1% | 10.6% | ||
| Q1 24 | 34.2% | 12.3% |
| Q4 25 | -9.6% | 6.0% | ||
| Q3 25 | -2.7% | 10.8% | ||
| Q2 25 | 4.0% | 11.0% | ||
| Q1 25 | 1.7% | 8.3% | ||
| Q4 24 | 2.5% | 1.1% | ||
| Q3 24 | -0.4% | 4.5% | ||
| Q2 24 | — | 6.0% | ||
| Q1 24 | -4.3% | 7.0% |
| Q4 25 | -7.8% | 4.7% | ||
| Q3 25 | -2.1% | 8.2% | ||
| Q2 25 | 3.4% | 8.4% | ||
| Q1 25 | 1.2% | 6.4% | ||
| Q4 24 | 1.8% | 0.8% | ||
| Q3 24 | -0.3% | 3.5% | ||
| Q2 24 | 0.1% | 4.5% | ||
| Q1 24 | -3.6% | 5.4% |
| Q4 25 | $-2.71 | $0.39 | ||
| Q3 25 | $-0.69 | $0.74 | ||
| Q2 25 | $1.50 | $0.78 | ||
| Q1 25 | $0.37 | $0.52 | ||
| Q4 24 | $0.61 | $0.06 | ||
| Q3 24 | $-0.15 | $0.24 | ||
| Q2 24 | $0.09 | $0.34 | ||
| Q1 24 | $-1.34 | $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 | $122.4M | $15.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $555.0M | $358.8M |
| Total Assets | $1.7B | $456.1M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $122.4M | $15.6M | ||
| Q3 25 | $9.7M | $38.6M | ||
| Q2 25 | $9.8M | $53.7M | ||
| Q1 25 | $8.5M | $28.4M | ||
| Q4 24 | $8.0M | $36.0M | ||
| Q3 24 | $4.7M | $111.5M | ||
| Q2 24 | $5.5M | $97.7M | ||
| Q1 24 | $4.2M | $83.9M |
| Q4 25 | $555.0M | $358.8M | ||
| Q3 25 | $564.8M | $371.5M | ||
| Q2 25 | $569.4M | $356.2M | ||
| Q1 25 | $557.8M | $341.4M | ||
| Q4 24 | $553.6M | $331.6M | ||
| Q3 24 | $471.1M | $350.9M | ||
| Q2 24 | $470.6M | $346.0M | ||
| Q1 24 | $468.9M | $340.6M |
| Q4 25 | $1.7B | $456.1M | ||
| Q3 25 | $1.6B | $462.6M | ||
| Q2 25 | $1.6B | $471.9M | ||
| Q1 25 | $1.6B | $421.9M | ||
| Q4 24 | $1.6B | $404.7M | ||
| Q3 24 | $1.5B | $422.6M | ||
| Q2 24 | $1.5B | $414.6M | ||
| Q1 24 | $1.5B | $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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $9.1M | $-701.0K |
| Free Cash FlowOCF − Capex | $8.3M | $-2.2M |
| FCF MarginFCF / Revenue | 2.9% | -1.4% |
| Capex IntensityCapex / Revenue | 0.3% | 0.9% |
| Cash ConversionOCF / Net Profit | — | -0.09× |
| TTM Free Cash FlowTrailing 4 quarters | $-11.2M | $439.0K |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $9.1M | $-701.0K | ||
| Q3 25 | $-5.9M | $-17.0M | ||
| Q2 25 | $19.2M | $28.5M | ||
| Q1 25 | $-30.8M | $-3.3M | ||
| Q4 24 | $-22.2M | $19.0M | ||
| Q3 24 | $-15.0M | $16.2M | ||
| Q2 24 | $-10.7M | $18.8M | ||
| Q1 24 | $13.0M | $1.4M |
| Q4 25 | $8.3M | $-2.2M | ||
| Q3 25 | $-6.4M | $-18.7M | ||
| Q2 25 | $18.4M | $26.9M | ||
| Q1 25 | $-31.5M | $-5.5M | ||
| Q4 24 | $-23.6M | $16.3M | ||
| Q3 24 | $-16.0M | $14.5M | ||
| Q2 24 | $-12.0M | $15.5M | ||
| Q1 24 | $10.2M | $-580.0K |
| Q4 25 | 2.9% | -1.4% | ||
| Q3 25 | -2.3% | -10.6% | ||
| Q2 25 | 5.9% | 15.0% | ||
| Q1 25 | -12.0% | -3.5% | ||
| Q4 24 | -8.3% | 12.6% | ||
| Q3 24 | -5.6% | 10.8% | ||
| Q2 24 | -3.9% | 10.7% | ||
| Q1 24 | 4.3% | -0.5% |
| Q4 25 | 0.3% | 0.9% | ||
| Q3 25 | 0.2% | 1.0% | ||
| Q2 25 | 0.3% | 0.9% | ||
| Q1 25 | 0.3% | 1.4% | ||
| Q4 24 | 0.5% | 2.1% | ||
| Q3 24 | 0.3% | 1.3% | ||
| Q2 24 | 0.4% | 2.2% | ||
| Q1 24 | 1.1% | 1.5% |
| Q4 25 | — | -0.09× | ||
| Q3 25 | — | -1.17× | ||
| Q2 25 | 1.81× | 1.88× | ||
| Q1 25 | -9.73× | -0.32× | ||
| Q4 24 | -4.36× | 17.56× | ||
| Q3 24 | — | 3.48× | ||
| Q2 24 | -25.18× | 2.86× | ||
| Q1 24 | — | 0.20× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CRMT
| Sales Used Autos | $241.4M | 84% |
| Service Contract Sales | $23.6M | 8% |
| Wholesales Third Party | $12.6M | 4% |
| Payment Protection Plan Revenue | $8.7M | 3% |
IIIN
| Welded Wire Reinforcement | $108.4M | 68% |
| PC Strand | $51.6M | 32% |
