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Side-by-side financial comparison of GENCO SHIPPING & TRADING LTD (GNK) 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 $114.4M, roughly 1.4× GENCO SHIPPING & TRADING LTD). GENCO SHIPPING & TRADING LTD runs the higher net margin — 8.4% vs 4.7%, a 3.6% gap on every dollar of revenue. On growth, GENCO SHIPPING & TRADING LTD posted the faster year-over-year revenue change (60.6% vs 23.3%). Over the past eight quarters, INSTEEL INDUSTRIES INC's revenue compounded faster (12.0% CAGR vs 3.4%).

Genco Shipping & Trading Ltd is a global dry bulk shipping enterprise that operates a diversified fleet of bulk carriers, transporting essential commodities including iron ore, coal, grain, and steel products across major international trade routes, serving industrial, manufacturing, and commodity trading clients worldwide.

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.

GNK vs IIIN — Head-to-Head

Bigger by revenue
IIIN
IIIN
1.4× larger
IIIN
$159.9M
$114.4M
GNK
Growing faster (revenue YoY)
GNK
GNK
+37.3% gap
GNK
60.6%
23.3%
IIIN
Higher net margin
GNK
GNK
3.6% more per $
GNK
8.4%
4.7%
IIIN
Faster 2-yr revenue CAGR
IIIN
IIIN
Annualised
IIIN
12.0%
3.4%
GNK

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
GNK
GNK
IIIN
IIIN
Revenue
$114.4M
$159.9M
Net Profit
$9.6M
$7.6M
Gross Margin
11.3%
Operating Margin
11.6%
6.0%
Net Margin
8.4%
4.7%
Revenue YoY
60.6%
23.3%
Net Profit YoY
602.4%
EPS (diluted)
$0.21
$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
GNK
GNK
IIIN
IIIN
Q1 26
$114.4M
Q4 25
$109.9M
$159.9M
Q3 25
$79.9M
$177.4M
Q2 25
$80.9M
$179.9M
Q1 25
$71.3M
$160.7M
Q4 24
$99.2M
$129.7M
Q3 24
$99.3M
$134.3M
Q2 24
$107.0M
$145.8M
Net Profit
GNK
GNK
IIIN
IIIN
Q1 26
$9.6M
Q4 25
$15.4M
$7.6M
Q3 25
$-1.1M
$14.6M
Q2 25
$-6.8M
$15.2M
Q1 25
$-11.9M
$10.2M
Q4 24
$12.7M
$1.1M
Q3 24
$21.5M
$4.7M
Q2 24
$23.5M
$6.6M
Gross Margin
GNK
GNK
IIIN
IIIN
Q1 26
Q4 25
11.3%
Q3 25
16.1%
Q2 25
17.1%
Q1 25
15.3%
Q4 24
7.3%
Q3 24
9.1%
Q2 24
10.6%
Operating Margin
GNK
GNK
IIIN
IIIN
Q1 26
11.6%
Q4 25
17.3%
6.0%
Q3 25
3.1%
10.8%
Q2 25
-5.3%
11.0%
Q1 25
-13.7%
8.3%
Q4 24
14.7%
1.1%
Q3 24
24.2%
4.5%
Q2 24
24.6%
6.0%
Net Margin
GNK
GNK
IIIN
IIIN
Q1 26
8.4%
Q4 25
14.0%
4.7%
Q3 25
-1.3%
8.2%
Q2 25
-8.4%
8.4%
Q1 25
-16.7%
6.4%
Q4 24
12.8%
0.8%
Q3 24
21.6%
3.5%
Q2 24
21.9%
4.5%
EPS (diluted)
GNK
GNK
IIIN
IIIN
Q1 26
$0.21
Q4 25
$0.36
$0.39
Q3 25
$-0.02
$0.74
Q2 25
$-0.16
$0.78
Q1 25
$-0.28
$0.52
Q4 24
$0.29
$0.06
Q3 24
$0.49
$0.24
Q2 24
$0.54
$0.34

Balance Sheet & Financial Strength

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

Metric
GNK
GNK
IIIN
IIIN
Cash + ST InvestmentsLiquidity on hand
$54.8M
$15.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$887.0M
$358.8M
Total Assets
$1.3B
$456.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GNK
GNK
IIIN
IIIN
Q1 26
$54.8M
Q4 25
$55.5M
$15.6M
Q3 25
$90.0M
$38.6M
Q2 25
$35.4M
$53.7M
Q1 25
$30.2M
$28.4M
Q4 24
$43.7M
$36.0M
Q3 24
$46.7M
$111.5M
Q2 24
$42.0M
$97.7M
Stockholders' Equity
GNK
GNK
IIIN
IIIN
Q1 26
$887.0M
Q4 25
$896.5M
$358.8M
Q3 25
$885.9M
$371.5M
Q2 25
$891.6M
$356.2M
Q1 25
$903.2M
$341.4M
Q4 24
$926.7M
$331.6M
Q3 24
$929.9M
$350.9M
Q2 24
$921.8M
$346.0M
Total Assets
GNK
GNK
IIIN
IIIN
Q1 26
$1.3B
Q4 25
$1.1B
$456.1M
Q3 25
$1.1B
$462.6M
Q2 25
$1.0B
$471.9M
Q1 25
$1.0B
$421.9M
Q4 24
$1.1B
$404.7M
Q3 24
$1.0B
$422.6M
Q2 24
$1.1B
$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
GNK
GNK
IIIN
IIIN
Operating Cash FlowLast quarter
$15.7M
$-701.0K
Free Cash FlowOCF − Capex
$-2.2M
FCF MarginFCF / Revenue
-1.4%
Capex IntensityCapex / Revenue
0.9%
Cash ConversionOCF / Net Profit
1.64×
-0.09×
TTM Free Cash FlowTrailing 4 quarters
$439.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GNK
GNK
IIIN
IIIN
Q1 26
$15.7M
Q4 25
$15.9M
$-701.0K
Q3 25
$7.7M
$-17.0M
Q2 25
$5.4M
$28.5M
Q1 25
$2.9M
$-3.3M
Q4 24
$30.0M
$19.0M
Q3 24
$35.6M
$16.2M
Q2 24
$29.0M
$18.8M
Free Cash Flow
GNK
GNK
IIIN
IIIN
Q1 26
Q4 25
$15.6M
$-2.2M
Q3 25
$6.5M
$-18.7M
Q2 25
$4.3M
$26.9M
Q1 25
$2.3M
$-5.5M
Q4 24
$29.3M
$16.3M
Q3 24
$34.7M
$14.5M
Q2 24
$27.9M
$15.5M
FCF Margin
GNK
GNK
IIIN
IIIN
Q1 26
Q4 25
14.2%
-1.4%
Q3 25
8.2%
-10.6%
Q2 25
5.3%
15.0%
Q1 25
3.2%
-3.5%
Q4 24
29.5%
12.6%
Q3 24
34.9%
10.8%
Q2 24
26.1%
10.7%
Capex Intensity
GNK
GNK
IIIN
IIIN
Q1 26
Q4 25
0.3%
0.9%
Q3 25
1.5%
1.0%
Q2 25
1.3%
0.9%
Q1 25
0.9%
1.4%
Q4 24
0.7%
2.1%
Q3 24
0.9%
1.3%
Q2 24
1.1%
2.2%
Cash Conversion
GNK
GNK
IIIN
IIIN
Q1 26
1.64×
Q4 25
1.03×
-0.09×
Q3 25
-1.17×
Q2 25
1.88×
Q1 25
-0.32×
Q4 24
2.37×
17.56×
Q3 24
1.66×
3.48×
Q2 24
1.24×
2.86×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GNK
GNK

Segment breakdown not available.

IIIN
IIIN

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

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