vs

Side-by-side financial comparison of Hayward Holdings, Inc. (HAYW) and INSTEEL INDUSTRIES INC (IIIN). Click either name above to swap in a different company.

Hayward Holdings, Inc. is the larger business by last-quarter revenue ($255.2M vs $159.9M, roughly 1.6× INSTEEL INDUSTRIES INC). Hayward Holdings, Inc. runs the higher net margin — 9.2% vs 4.7%, a 4.4% gap on every dollar of revenue. On growth, INSTEEL INDUSTRIES INC posted the faster year-over-year revenue change (23.3% vs 11.5%). Over the past eight quarters, INSTEEL INDUSTRIES INC's revenue compounded faster (12.0% CAGR vs -5.3%).

Bartlett-Hayward Company was an American metalworking company with large foundry, fabrication, and construction business lines, located in Baltimore, Maryland. Founded in the 1830s, it was independent until 1925 and since 1927 was owned by Koppers, of which it remained a division long afterward.

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.

HAYW vs IIIN — Head-to-Head

Bigger by revenue
HAYW
HAYW
1.6× larger
HAYW
$255.2M
$159.9M
IIIN
Growing faster (revenue YoY)
IIIN
IIIN
+11.8% gap
IIIN
23.3%
11.5%
HAYW
Higher net margin
HAYW
HAYW
4.4% more per $
HAYW
9.2%
4.7%
IIIN
Faster 2-yr revenue CAGR
IIIN
IIIN
Annualised
IIIN
12.0%
-5.3%
HAYW

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
HAYW
HAYW
IIIN
IIIN
Revenue
$255.2M
$159.9M
Net Profit
$23.4M
$7.6M
Gross Margin
46.5%
11.3%
Operating Margin
16.6%
6.0%
Net Margin
9.2%
4.7%
Revenue YoY
11.5%
23.3%
Net Profit YoY
63.0%
602.4%
EPS (diluted)
$0.11
$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
HAYW
HAYW
IIIN
IIIN
Q1 26
$255.2M
Q4 25
$349.4M
$159.9M
Q3 25
$244.3M
$177.4M
Q2 25
$299.6M
$179.9M
Q1 25
$228.8M
$160.7M
Q4 24
$327.1M
$129.7M
Q3 24
$227.6M
$134.3M
Q2 24
$284.4M
$145.8M
Net Profit
HAYW
HAYW
IIIN
IIIN
Q1 26
$23.4M
Q4 25
$68.4M
$7.6M
Q3 25
$24.0M
$14.6M
Q2 25
$44.8M
$15.2M
Q1 25
$14.3M
$10.2M
Q4 24
$54.7M
$1.1M
Q3 24
$16.5M
$4.7M
Q2 24
$37.6M
$6.6M
Gross Margin
HAYW
HAYW
IIIN
IIIN
Q1 26
46.5%
Q4 25
40.7%
11.3%
Q3 25
51.2%
16.1%
Q2 25
52.7%
17.1%
Q1 25
49.5%
15.3%
Q4 24
51.4%
7.3%
Q3 24
49.7%
9.1%
Q2 24
51.0%
10.6%
Operating Margin
HAYW
HAYW
IIIN
IIIN
Q1 26
16.6%
Q4 25
25.0%
6.0%
Q3 25
16.8%
10.8%
Q2 25
23.8%
11.0%
Q1 25
14.6%
8.3%
Q4 24
23.4%
1.1%
Q3 24
14.7%
4.5%
Q2 24
23.9%
6.0%
Net Margin
HAYW
HAYW
IIIN
IIIN
Q1 26
9.2%
Q4 25
19.6%
4.7%
Q3 25
9.8%
8.2%
Q2 25
15.0%
8.4%
Q1 25
6.3%
6.4%
Q4 24
16.7%
0.8%
Q3 24
7.3%
3.5%
Q2 24
13.2%
4.5%
EPS (diluted)
HAYW
HAYW
IIIN
IIIN
Q1 26
$0.11
Q4 25
$0.31
$0.39
Q3 25
$0.11
$0.74
Q2 25
$0.20
$0.78
Q1 25
$0.06
$0.52
Q4 24
$0.26
$0.06
Q3 24
$0.07
$0.24
Q2 24
$0.17
$0.34

Balance Sheet & Financial Strength

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

Metric
HAYW
HAYW
IIIN
IIIN
Cash + ST InvestmentsLiquidity on hand
$230.7M
$15.6M
Total DebtLower is stronger
$11.1M
Stockholders' EquityBook value
$1.6B
$358.8M
Total Assets
$3.1B
$456.1M
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HAYW
HAYW
IIIN
IIIN
Q1 26
$230.7M
Q4 25
$399.1M
$15.6M
Q3 25
$448.3M
$38.6M
Q2 25
$365.1M
$53.7M
Q1 25
$181.3M
$28.4M
Q4 24
$196.6M
$36.0M
Q3 24
$274.2M
$111.5M
Q2 24
$215.1M
$97.7M
Total Debt
HAYW
HAYW
IIIN
IIIN
Q1 26
$11.1M
Q4 25
$943.5M
Q3 25
$947.7M
Q2 25
$949.1M
Q1 25
$950.4M
Q4 24
$950.6M
Q3 24
$959.9M
Q2 24
$959.8M
Stockholders' Equity
HAYW
HAYW
IIIN
IIIN
Q1 26
$1.6B
Q4 25
$1.6B
$358.8M
Q3 25
$1.5B
$371.5M
Q2 25
$1.5B
$356.2M
Q1 25
$1.4B
$341.4M
Q4 24
$1.4B
$331.6M
Q3 24
$1.4B
$350.9M
Q2 24
$1.4B
$346.0M
Total Assets
HAYW
HAYW
IIIN
IIIN
Q1 26
$3.1B
Q4 25
$3.2B
$456.1M
Q3 25
$3.0B
$462.6M
Q2 25
$3.0B
$471.9M
Q1 25
$3.0B
$421.9M
Q4 24
$3.0B
$404.7M
Q3 24
$2.9B
$422.6M
Q2 24
$2.9B
$414.6M
Debt / Equity
HAYW
HAYW
IIIN
IIIN
Q1 26
0.01×
Q4 25
0.59×
Q3 25
0.62×
Q2 25
0.63×
Q1 25
0.66×
Q4 24
0.67×
Q3 24
0.70×
Q2 24
0.71×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HAYW
HAYW
IIIN
IIIN
Operating Cash FlowLast quarter
$-150.6M
$-701.0K
Free Cash FlowOCF − Capex
$-2.2M
FCF MarginFCF / Revenue
-1.4%
Capex IntensityCapex / Revenue
0.9%
Cash ConversionOCF / Net Profit
-6.45×
-0.09×
TTM Free Cash FlowTrailing 4 quarters
$439.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HAYW
HAYW
IIIN
IIIN
Q1 26
$-150.6M
Q4 25
$-26.9M
$-701.0K
Q3 25
$94.6M
$-17.0M
Q2 25
$194.2M
$28.5M
Q1 25
$-5.8M
$-3.3M
Q4 24
$-63.7M
$19.0M
Q3 24
$65.9M
$16.2M
Q2 24
$287.0M
$18.8M
Free Cash Flow
HAYW
HAYW
IIIN
IIIN
Q1 26
Q4 25
$-35.8M
$-2.2M
Q3 25
$87.2M
$-18.7M
Q2 25
$187.3M
$26.9M
Q1 25
$-11.4M
$-5.5M
Q4 24
$-70.4M
$16.3M
Q3 24
$59.1M
$14.5M
Q2 24
$282.3M
$15.5M
FCF Margin
HAYW
HAYW
IIIN
IIIN
Q1 26
Q4 25
-10.3%
-1.4%
Q3 25
35.7%
-10.6%
Q2 25
62.5%
15.0%
Q1 25
-5.0%
-3.5%
Q4 24
-21.5%
12.6%
Q3 24
26.0%
10.8%
Q2 24
99.3%
10.7%
Capex Intensity
HAYW
HAYW
IIIN
IIIN
Q1 26
Q4 25
2.5%
0.9%
Q3 25
3.0%
1.0%
Q2 25
2.3%
0.9%
Q1 25
2.4%
1.4%
Q4 24
2.1%
2.1%
Q3 24
3.0%
1.3%
Q2 24
1.7%
2.2%
Cash Conversion
HAYW
HAYW
IIIN
IIIN
Q1 26
-6.45×
Q4 25
-0.39×
-0.09×
Q3 25
3.94×
-1.17×
Q2 25
4.34×
1.88×
Q1 25
-0.41×
-0.32×
Q4 24
-1.16×
17.56×
Q3 24
4.00×
3.48×
Q2 24
7.64×
2.86×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HAYW
HAYW

Segment breakdown not available.

IIIN
IIIN

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

Related Comparisons