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Side-by-side financial comparison of Commercial Vehicle Group, Inc. (CVGI) 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 $154.8M, roughly 1.0× Commercial Vehicle Group, Inc.). On growth, INSTEEL INDUSTRIES INC posted the faster year-over-year revenue change (23.3% vs -5.2%). Commercial Vehicle Group, Inc. produced more free cash flow last quarter ($8.7M vs $-2.2M). Over the past eight quarters, INSTEEL INDUSTRIES INC's revenue compounded faster (12.0% CAGR vs -10.8%).
WABCO Holdings, Inc. was a U.S.-based provider of electronic braking, stability, suspension and transmission automation systems for heavy-duty commercial vehicles. In 2007, the Vehicle Control Systems was spun off as WABCO Holdings Inc., an American provider of electronic braking, stability, suspension and transmission automation systems for heavy-duty commercial vehicles. Their products are present in many commercial vehicles such as trucks, buses, trailers and off-highway vehicles but they ...
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.
CVGI vs IIIN — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $154.8M | $159.9M |
| Net Profit | — | $7.6M |
| Gross Margin | 9.7% | 11.3% |
| Operating Margin | -1.2% | 6.0% |
| Net Margin | — | 4.7% |
| Revenue YoY | -5.2% | 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.
| Q4 25 | $154.8M | $159.9M | ||
| Q3 25 | $152.5M | $177.4M | ||
| Q2 25 | $172.0M | $179.9M | ||
| Q1 25 | $169.8M | $160.7M | ||
| Q4 24 | $163.3M | $129.7M | ||
| Q3 24 | $171.8M | $134.3M | ||
| Q2 24 | $193.7M | $145.8M | ||
| Q1 24 | $194.6M | $127.4M |
| Q4 25 | — | $7.6M | ||
| Q3 25 | $-7.1M | $14.6M | ||
| Q2 25 | $-4.8M | $15.2M | ||
| Q1 25 | $-4.3M | $10.2M | ||
| Q4 24 | — | $1.1M | ||
| Q3 24 | $9.5M | $4.7M | ||
| Q2 24 | $-1.6M | $6.6M | ||
| Q1 24 | $2.9M | $6.9M |
| Q4 25 | 9.7% | 11.3% | ||
| Q3 25 | 10.5% | 16.1% | ||
| Q2 25 | 11.4% | 17.1% | ||
| Q1 25 | 10.5% | 15.3% | ||
| Q4 24 | 8.0% | 7.3% | ||
| Q3 24 | 9.6% | 9.1% | ||
| Q2 24 | 10.6% | 10.6% | ||
| Q1 24 | 11.9% | 12.3% |
| Q4 25 | -1.2% | 6.0% | ||
| Q3 25 | -0.7% | 10.8% | ||
| Q2 25 | 0.5% | 11.0% | ||
| Q1 25 | 0.8% | 8.3% | ||
| Q4 24 | -3.2% | 1.1% | ||
| Q3 24 | -0.6% | 4.5% | ||
| Q2 24 | 0.5% | 6.0% | ||
| Q1 24 | 2.3% | 7.0% |
| Q4 25 | — | 4.7% | ||
| Q3 25 | -4.6% | 8.2% | ||
| Q2 25 | -2.8% | 8.4% | ||
| Q1 25 | -2.5% | 6.4% | ||
| Q4 24 | — | 0.8% | ||
| Q3 24 | 5.5% | 3.5% | ||
| Q2 24 | -0.8% | 4.5% | ||
| Q1 24 | 1.5% | 5.4% |
| 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 | $-0.05 | $0.34 | ||
| Q1 24 | $0.09 | $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 | — | $15.6M |
| Total DebtLower is stronger | $104.9M | — |
| Stockholders' EquityBook value | $133.4M | $358.8M |
| Total Assets | $391.7M | $456.1M |
| Debt / EquityLower = less leverage | 0.79× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $15.6M | ||
| Q3 25 | — | $38.6M | ||
| Q2 25 | — | $53.7M | ||
| Q1 25 | — | $28.4M | ||
| Q4 24 | — | $36.0M | ||
| Q3 24 | — | $111.5M | ||
| Q2 24 | — | $97.7M | ||
| Q1 24 | — | $83.9M |
| Q4 25 | $104.9M | — | ||
| Q3 25 | $108.2M | — | ||
| Q2 25 | $118.2M | — | ||
| Q1 25 | $117.4M | — | ||
| Q4 24 | $135.5M | — | ||
| Q3 24 | $128.8M | — | ||
| Q2 24 | $142.0M | — | ||
| Q1 24 | $155.7M | — |
| Q4 25 | $133.4M | $358.8M | ||
| Q3 25 | $136.5M | $371.5M | ||
| Q2 25 | $142.6M | $356.2M | ||
| Q1 25 | $136.7M | $341.4M | ||
| Q4 24 | $135.6M | $331.6M | ||
| Q3 24 | $179.3M | $350.9M | ||
| Q2 24 | $169.6M | $346.0M | ||
| Q1 24 | $175.5M | $340.6M |
| Q4 25 | $391.7M | $456.1M | ||
| Q3 25 | $400.3M | $462.6M | ||
| Q2 25 | $429.8M | $471.9M | ||
| Q1 25 | $419.8M | $421.9M | ||
| Q4 24 | $424.6M | $404.7M | ||
| Q3 24 | $495.3M | $422.6M | ||
| Q2 24 | $503.2M | $414.6M | ||
| Q1 24 | $509.2M | $397.2M |
| Q4 25 | 0.79× | — | ||
| Q3 25 | 0.79× | — | ||
| Q2 25 | 0.83× | — | ||
| Q1 25 | 0.86× | — | ||
| Q4 24 | 1.00× | — | ||
| Q3 24 | 0.72× | — | ||
| Q2 24 | 0.84× | — | ||
| Q1 24 | 0.89× | — |
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 | $12.3M | $-701.0K |
| Free Cash FlowOCF − Capex | $8.7M | $-2.2M |
| FCF MarginFCF / Revenue | 5.6% | -1.4% |
| Capex IntensityCapex / Revenue | 2.3% | 0.9% |
| Cash ConversionOCF / Net Profit | — | -0.09× |
| TTM Free Cash FlowTrailing 4 quarters | $34.0M | $439.0K |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $12.3M | $-701.0K | ||
| Q3 25 | $-1.7M | $-17.0M | ||
| Q2 25 | $18.9M | $28.5M | ||
| Q1 25 | $15.2M | $-3.3M | ||
| Q4 24 | $-26.6M | $19.0M | ||
| Q3 24 | $-17.1M | $16.2M | ||
| Q2 24 | $12.6M | $18.8M | ||
| Q1 24 | $-2.4M | $1.4M |
| Q4 25 | $8.7M | $-2.2M | ||
| Q3 25 | $-3.5M | $-18.7M | ||
| Q2 25 | $17.4M | $26.9M | ||
| Q1 25 | $11.4M | $-5.5M | ||
| Q4 24 | $-30.6M | $16.3M | ||
| Q3 24 | $-20.3M | $14.5M | ||
| Q2 24 | $6.4M | $15.5M | ||
| Q1 24 | $-7.4M | $-580.0K |
| Q4 25 | 5.6% | -1.4% | ||
| Q3 25 | -2.3% | -10.6% | ||
| Q2 25 | 10.1% | 15.0% | ||
| Q1 25 | 6.7% | -3.5% | ||
| Q4 24 | -18.7% | 12.6% | ||
| Q3 24 | -11.8% | 10.8% | ||
| Q2 24 | 3.3% | 10.7% | ||
| Q1 24 | -3.8% | -0.5% |
| Q4 25 | 2.3% | 0.9% | ||
| Q3 25 | 1.2% | 1.0% | ||
| Q2 25 | 0.9% | 0.9% | ||
| Q1 25 | 2.2% | 1.4% | ||
| Q4 24 | 2.4% | 2.1% | ||
| Q3 24 | 1.9% | 1.3% | ||
| Q2 24 | 3.2% | 2.2% | ||
| Q1 24 | 2.6% | 1.5% |
| Q4 25 | — | -0.09× | ||
| Q3 25 | — | -1.17× | ||
| Q2 25 | — | 1.88× | ||
| Q1 25 | — | -0.32× | ||
| Q4 24 | — | 17.56× | ||
| Q3 24 | -1.79× | 3.48× | ||
| Q2 24 | — | 2.86× | ||
| Q1 24 | -0.80× | 0.20× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CVGI
| Global Seating | $70.7M | 46% |
| Global Electrical Systems | $49.7M | 32% |
| Trim Systems And Components | $34.4M | 22% |
IIIN
| Welded Wire Reinforcement | $108.4M | 68% |
| PC Strand | $51.6M | 32% |
