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Side-by-side financial comparison of Envela Corp (ELA) 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 $80.5M, roughly 2.0× Envela Corp). Envela Corp runs the higher net margin — 7.4% vs 4.7%, a 2.7% gap on every dollar of revenue. On growth, Envela Corp posted the faster year-over-year revenue change (66.6% vs 23.3%). INSTEEL INDUSTRIES INC produced more free cash flow last quarter ($-2.2M vs $-3.7M). Over the past eight quarters, Envela Corp's revenue compounded faster (42.1% CAGR vs 12.0%).
Envela Corporation is a U.S.-based company that provides recommerce services aimed at extending product lifecycles and reducing resource consumption. The company operates through two primary segments: consumer and commercial.
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.
ELA vs IIIN — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $80.5M | $159.9M |
| Net Profit | $6.0M | $7.6M |
| Gross Margin | 20.5% | 11.3% |
| Operating Margin | 9.4% | 6.0% |
| Net Margin | 7.4% | 4.7% |
| Revenue YoY | 66.6% | 23.3% |
| Net Profit YoY | 274.6% | 602.4% |
| EPS (diluted) | $0.22 | $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 | $80.5M | $159.9M | ||
| Q3 25 | $57.4M | $177.4M | ||
| Q2 25 | $54.9M | $179.9M | ||
| Q1 25 | $48.3M | $160.7M | ||
| Q4 24 | $48.3M | $129.7M | ||
| Q3 24 | $46.9M | $134.3M | ||
| Q2 24 | $45.3M | $145.8M | ||
| Q1 24 | $39.9M | $127.4M |
| Q4 25 | $6.0M | $7.6M | ||
| Q3 25 | $3.4M | $14.6M | ||
| Q2 25 | $2.8M | $15.2M | ||
| Q1 25 | $2.5M | $10.2M | ||
| Q4 24 | $1.6M | $1.1M | ||
| Q3 24 | $1.7M | $4.7M | ||
| Q2 24 | $1.6M | $6.6M | ||
| Q1 24 | $1.9M | $6.9M |
| Q4 25 | 20.5% | 11.3% | ||
| Q3 25 | 22.8% | 16.1% | ||
| Q2 25 | 22.6% | 17.1% | ||
| Q1 25 | 24.8% | 15.3% | ||
| Q4 24 | 23.1% | 7.3% | ||
| Q3 24 | 24.4% | 9.1% | ||
| Q2 24 | 25.1% | 10.6% | ||
| Q1 24 | 25.9% | 12.3% |
| Q4 25 | 9.4% | 6.0% | ||
| Q3 25 | 7.3% | 10.8% | ||
| Q2 25 | 5.9% | 11.0% | ||
| Q1 25 | 6.5% | 8.3% | ||
| Q4 24 | 3.9% | 1.1% | ||
| Q3 24 | 4.3% | 4.5% | ||
| Q2 24 | 4.2% | 6.0% | ||
| Q1 24 | 5.9% | 7.0% |
| Q4 25 | 7.4% | 4.7% | ||
| Q3 25 | 5.8% | 8.2% | ||
| Q2 25 | 5.0% | 8.4% | ||
| Q1 25 | 5.2% | 6.4% | ||
| Q4 24 | 3.3% | 0.8% | ||
| Q3 24 | 3.6% | 3.5% | ||
| Q2 24 | 3.5% | 4.5% | ||
| Q1 24 | 4.8% | 5.4% |
| Q4 25 | $0.22 | $0.39 | ||
| Q3 25 | $0.13 | $0.74 | ||
| Q2 25 | $0.11 | $0.78 | ||
| Q1 25 | $0.10 | $0.52 | ||
| Q4 24 | $0.07 | $0.06 | ||
| Q3 24 | $0.06 | $0.24 | ||
| Q2 24 | $0.06 | $0.34 | ||
| Q1 24 | $0.07 | $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 | $9.9M | — |
| Stockholders' EquityBook value | $67.1M | $358.8M |
| Total Assets | $96.0M | $456.1M |
| Debt / EquityLower = less leverage | 0.15× | — |
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 | $19.8M | $83.9M |
| Q4 25 | $9.9M | — | ||
| Q3 25 | $12.5M | — | ||
| Q2 25 | $13.0M | — | ||
| Q1 25 | $13.2M | — | ||
| Q4 24 | $13.5M | — | ||
| Q3 24 | $13.8M | — | ||
| Q2 24 | $14.3M | — | ||
| Q1 24 | $14.6M | — |
| Q4 25 | $67.1M | $358.8M | ||
| Q3 25 | $61.1M | $371.5M | ||
| Q2 25 | $57.8M | $356.2M | ||
| Q1 25 | $55.1M | $341.4M | ||
| Q4 24 | $52.7M | $331.6M | ||
| Q3 24 | $51.1M | $350.9M | ||
| Q2 24 | $50.2M | $346.0M | ||
| Q1 24 | $49.3M | $340.6M |
| Q4 25 | $96.0M | $456.1M | ||
| Q3 25 | $90.9M | $462.6M | ||
| Q2 25 | $82.7M | $471.9M | ||
| Q1 25 | $79.7M | $421.9M | ||
| Q4 24 | $77.9M | $404.7M | ||
| Q3 24 | $77.4M | $422.6M | ||
| Q2 24 | $73.8M | $414.6M | ||
| Q1 24 | $74.7M | $397.2M |
| Q4 25 | 0.15× | — | ||
| Q3 25 | 0.20× | — | ||
| Q2 25 | 0.23× | — | ||
| Q1 25 | 0.24× | — | ||
| Q4 24 | 0.26× | — | ||
| Q3 24 | 0.27× | — | ||
| Q2 24 | 0.29× | — | ||
| Q1 24 | 0.30× | — |
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 | $-3.5M | $-701.0K |
| Free Cash FlowOCF − Capex | $-3.7M | $-2.2M |
| FCF MarginFCF / Revenue | -4.6% | -1.4% |
| Capex IntensityCapex / Revenue | 0.2% | 0.9% |
| Cash ConversionOCF / Net Profit | -0.59× | -0.09× |
| TTM Free Cash FlowTrailing 4 quarters | $1.4M | $439.0K |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-3.5M | $-701.0K | ||
| Q3 25 | $2.4M | $-17.0M | ||
| Q2 25 | $2.6M | $28.5M | ||
| Q1 25 | $1.1M | $-3.3M | ||
| Q4 24 | $3.7M | $19.0M | ||
| Q3 24 | $3.4M | $16.2M | ||
| Q2 24 | $-789.5K | $18.8M | ||
| Q1 24 | $3.8M | $1.4M |
| Q4 25 | $-3.7M | $-2.2M | ||
| Q3 25 | $2.2M | $-18.7M | ||
| Q2 25 | $2.1M | $26.9M | ||
| Q1 25 | $746.6K | $-5.5M | ||
| Q4 24 | $3.2M | $16.3M | ||
| Q3 24 | $1.5M | $14.5M | ||
| Q2 24 | $-1.3M | $15.5M | ||
| Q1 24 | $3.3M | $-580.0K |
| Q4 25 | -4.6% | -1.4% | ||
| Q3 25 | 3.8% | -10.6% | ||
| Q2 25 | 3.9% | 15.0% | ||
| Q1 25 | 1.5% | -3.5% | ||
| Q4 24 | 6.7% | 12.6% | ||
| Q3 24 | 3.1% | 10.8% | ||
| Q2 24 | -2.9% | 10.7% | ||
| Q1 24 | 8.4% | -0.5% |
| Q4 25 | 0.2% | 0.9% | ||
| Q3 25 | 0.4% | 1.0% | ||
| Q2 25 | 0.8% | 0.9% | ||
| Q1 25 | 0.8% | 1.4% | ||
| Q4 24 | 1.0% | 2.1% | ||
| Q3 24 | 4.2% | 1.3% | ||
| Q2 24 | 1.1% | 2.2% | ||
| Q1 24 | 1.1% | 1.5% |
| Q4 25 | -0.59× | -0.09× | ||
| Q3 25 | 0.72× | -1.17× | ||
| Q2 25 | 0.94× | 1.88× | ||
| Q1 25 | 0.45× | -0.32× | ||
| Q4 24 | 2.34× | 17.56× | ||
| Q3 24 | 2.05× | 3.48× | ||
| Q2 24 | -0.50× | 2.86× | ||
| Q1 24 | 1.99× | 0.20× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ELA
| Consumer Segment | $67.7M | 84% |
| Commercial Segment | $12.8M | 16% |
IIIN
| Welded Wire Reinforcement | $108.4M | 68% |
| PC Strand | $51.6M | 32% |
