vs
Side-by-side financial comparison of FOSTER L B CO (FSTR) and INSTEEL INDUSTRIES INC (IIIN). Click either name above to swap in a different company.
FOSTER L B CO is the larger business by last-quarter revenue ($160.4M vs $159.9M, roughly 1.0× INSTEEL INDUSTRIES INC). INSTEEL INDUSTRIES INC runs the higher net margin — 4.7% vs 1.5%, a 3.2% gap on every dollar of revenue. On growth, FOSTER L B CO posted the faster year-over-year revenue change (25.1% vs 23.3%). FOSTER L B CO produced more free cash flow last quarter ($19.8M vs $-2.2M). Over the past eight quarters, FOSTER L B CO's revenue compounded faster (13.6% CAGR vs 12.0%).
Foster L B Co. is a U.S.-headquartered industrial manufacturing firm that develops, produces and distributes engineered access solutions, construction components, and rail infrastructure products. It serves commercial construction, transportation, and industrial end markets across North America and selected international regions.
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.
FSTR vs IIIN — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $160.4M | $159.9M |
| Net Profit | $2.4M | $7.6M |
| Gross Margin | 19.7% | 11.3% |
| Operating Margin | 4.9% | 6.0% |
| Net Margin | 1.5% | 4.7% |
| Revenue YoY | 25.1% | 23.3% |
| Net Profit YoY | 1098.3% | 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 | $160.4M | $159.9M | ||
| Q3 25 | $138.3M | $177.4M | ||
| Q2 25 | $143.6M | $179.9M | ||
| Q1 25 | $97.8M | $160.7M | ||
| Q4 24 | $128.2M | $129.7M | ||
| Q3 24 | $137.5M | $134.3M | ||
| Q2 24 | $140.8M | $145.8M | ||
| Q1 24 | $124.3M | $127.4M |
| Q4 25 | $2.4M | $7.6M | ||
| Q3 25 | $4.4M | $14.6M | ||
| Q2 25 | $2.9M | $15.2M | ||
| Q1 25 | $-2.1M | $10.2M | ||
| Q4 24 | $-242.0K | $1.1M | ||
| Q3 24 | $35.9M | $4.7M | ||
| Q2 24 | $2.8M | $6.6M | ||
| Q1 24 | $4.4M | $6.9M |
| Q4 25 | 19.7% | 11.3% | ||
| Q3 25 | 22.5% | 16.1% | ||
| Q2 25 | 21.5% | 17.1% | ||
| Q1 25 | 20.6% | 15.3% | ||
| Q4 24 | 22.3% | 7.3% | ||
| Q3 24 | 23.8% | 9.1% | ||
| Q2 24 | 21.7% | 10.6% | ||
| Q1 24 | 21.1% | 12.3% |
| Q4 25 | 4.9% | 6.0% | ||
| Q3 25 | 6.0% | 10.8% | ||
| Q2 25 | 5.3% | 11.0% | ||
| Q1 25 | -2.0% | 8.3% | ||
| Q4 24 | 2.4% | 1.1% | ||
| Q3 24 | 5.3% | 4.5% | ||
| Q2 24 | 3.2% | 6.0% | ||
| Q1 24 | 4.5% | 7.0% |
| Q4 25 | 1.5% | 4.7% | ||
| Q3 25 | 3.1% | 8.2% | ||
| Q2 25 | 2.0% | 8.4% | ||
| Q1 25 | -2.2% | 6.4% | ||
| Q4 24 | -0.2% | 0.8% | ||
| Q3 24 | 26.1% | 3.5% | ||
| Q2 24 | 2.0% | 4.5% | ||
| Q1 24 | 3.6% | 5.4% |
| Q4 25 | $0.22 | $0.39 | ||
| Q3 25 | $0.40 | $0.74 | ||
| Q2 25 | $0.27 | $0.78 | ||
| Q1 25 | $-0.20 | $0.52 | ||
| Q4 24 | $-0.04 | $0.06 | ||
| Q3 24 | $3.27 | $0.24 | ||
| Q2 24 | $0.26 | $0.34 | ||
| Q1 24 | $0.40 | $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 | $4.3M | $15.6M |
| Total DebtLower is stronger | $42.6M | — |
| Stockholders' EquityBook value | $175.3M | $358.8M |
| Total Assets | $330.4M | $456.1M |
| Debt / EquityLower = less leverage | 0.24× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.3M | $15.6M | ||
| Q3 25 | $3.4M | $38.6M | ||
| Q2 25 | $4.2M | $53.7M | ||
| Q1 25 | $2.6M | $28.4M | ||
| Q4 24 | $2.5M | $36.0M | ||
| Q3 24 | $3.1M | $111.5M | ||
| Q2 24 | $4.0M | $97.7M | ||
| Q1 24 | $3.1M | $83.9M |
| Q4 25 | $42.6M | — | ||
| Q3 25 | $58.6M | — | ||
| Q2 25 | $81.4M | — | ||
| Q1 25 | $82.3M | — | ||
| Q4 24 | $46.8M | — | ||
| Q3 24 | $68.4M | — | ||
| Q2 24 | $87.0M | — | ||
| Q1 24 | $77.9M | — |
| Q4 25 | $175.3M | $358.8M | ||
| Q3 25 | $174.8M | $371.5M | ||
| Q2 25 | $174.4M | $356.2M | ||
| Q1 25 | $170.8M | $341.4M | ||
| Q4 24 | $178.3M | $331.6M | ||
| Q3 24 | $181.9M | $350.9M | ||
| Q2 24 | $147.1M | $346.0M | ||
| Q1 24 | $144.6M | $340.6M |
| Q4 25 | $330.4M | $456.1M | ||
| Q3 25 | $333.9M | $462.6M | ||
| Q2 25 | $349.9M | $471.9M | ||
| Q1 25 | $342.8M | $421.9M | ||
| Q4 24 | $334.6M | $404.7M | ||
| Q3 24 | $344.5M | $422.6M | ||
| Q2 24 | $333.3M | $414.6M | ||
| Q1 24 | $326.4M | $397.2M |
| Q4 25 | 0.24× | — | ||
| Q3 25 | 0.33× | — | ||
| Q2 25 | 0.47× | — | ||
| Q1 25 | 0.48× | — | ||
| Q4 24 | 0.26× | — | ||
| Q3 24 | 0.38× | — | ||
| Q2 24 | 0.59× | — | ||
| Q1 24 | 0.54× | — |
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 | $22.2M | $-701.0K |
| Free Cash FlowOCF − Capex | $19.8M | $-2.2M |
| FCF MarginFCF / Revenue | 12.3% | -1.4% |
| Capex IntensityCapex / Revenue | 1.5% | 0.9% |
| Cash ConversionOCF / Net Profit | 9.18× | -0.09× |
| TTM Free Cash FlowTrailing 4 quarters | $25.2M | $439.0K |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $22.2M | $-701.0K | ||
| Q3 25 | $29.2M | $-17.0M | ||
| Q2 25 | $10.4M | $28.5M | ||
| Q1 25 | $-26.1M | $-3.3M | ||
| Q4 24 | $24.3M | $19.0M | ||
| Q3 24 | $24.7M | $16.2M | ||
| Q2 24 | $-5.0M | $18.8M | ||
| Q1 24 | $-21.4M | $1.4M |
| Q4 25 | $19.8M | $-2.2M | ||
| Q3 25 | $26.4M | $-18.7M | ||
| Q2 25 | $7.7M | $26.9M | ||
| Q1 25 | $-28.7M | $-5.5M | ||
| Q4 24 | $22.3M | $16.3M | ||
| Q3 24 | $21.7M | $14.5M | ||
| Q2 24 | $-7.0M | $15.5M | ||
| Q1 24 | $-24.2M | $-580.0K |
| Q4 25 | 12.3% | -1.4% | ||
| Q3 25 | 19.1% | -10.6% | ||
| Q2 25 | 5.4% | 15.0% | ||
| Q1 25 | -29.4% | -3.5% | ||
| Q4 24 | 17.4% | 12.6% | ||
| Q3 24 | 15.8% | 10.8% | ||
| Q2 24 | -5.0% | 10.7% | ||
| Q1 24 | -19.4% | -0.5% |
| Q4 25 | 1.5% | 0.9% | ||
| Q3 25 | 2.0% | 1.0% | ||
| Q2 25 | 1.9% | 0.9% | ||
| Q1 25 | 2.6% | 1.4% | ||
| Q4 24 | 1.5% | 2.1% | ||
| Q3 24 | 2.2% | 1.3% | ||
| Q2 24 | 1.5% | 2.2% | ||
| Q1 24 | 2.2% | 1.5% |
| Q4 25 | 9.18× | -0.09× | ||
| Q3 25 | 6.70× | -1.17× | ||
| Q2 25 | 3.61× | 1.88× | ||
| Q1 25 | — | -0.32× | ||
| Q4 24 | — | 17.56× | ||
| Q3 24 | 0.69× | 3.48× | ||
| Q2 24 | -1.74× | 2.86× | ||
| Q1 24 | -4.83× | 0.20× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FSTR
| Rail Technologies And Services Segment | $98.0M | 61% |
| Over Time Output Method | $26.3M | 16% |
| Services | $19.4M | 12% |
| Rail Technologies Products | $10.0M | 6% |
| Over Time Input Method | $8.3M | 5% |
IIIN
| Welded Wire Reinforcement | $108.4M | 68% |
| PC Strand | $51.6M | 32% |
