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Side-by-side financial comparison of H&R BLOCK INC (HRB) and INSTEEL INDUSTRIES INC (IIIN). Click either name above to swap in a different company.

H&R BLOCK INC is the larger business by last-quarter revenue ($198.9M vs $159.9M, roughly 1.2× INSTEEL INDUSTRIES INC). INSTEEL INDUSTRIES INC runs the higher net margin — 4.7% vs -121.8%, a 126.5% gap on every dollar of revenue. On growth, INSTEEL INDUSTRIES INC posted the faster year-over-year revenue change (23.3% vs 11.1%). INSTEEL INDUSTRIES INC produced more free cash flow last quarter ($-2.2M vs $-649.5M). Over the past eight quarters, INSTEEL INDUSTRIES INC's revenue compounded faster (12.0% CAGR vs -69.8%).

H&R Block, Inc., or H&R Block, is an American tax preparation company operating in Canada, the United States, and Australia. The company was founded in 1955 in Kansas City, Missouri, by brothers Henry W. Bloch and Richard Bloch.

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.

HRB vs IIIN — Head-to-Head

Bigger by revenue
HRB
HRB
1.2× larger
HRB
$198.9M
$159.9M
IIIN
Growing faster (revenue YoY)
IIIN
IIIN
+12.2% gap
IIIN
23.3%
11.1%
HRB
Higher net margin
IIIN
IIIN
126.5% more per $
IIIN
4.7%
-121.8%
HRB
More free cash flow
IIIN
IIIN
$647.3M more FCF
IIIN
$-2.2M
$-649.5M
HRB
Faster 2-yr revenue CAGR
IIIN
IIIN
Annualised
IIIN
12.0%
-69.8%
HRB

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
HRB
HRB
IIIN
IIIN
Revenue
$198.9M
$159.9M
Net Profit
$-242.2M
$7.6M
Gross Margin
11.3%
Operating Margin
-160.5%
6.0%
Net Margin
-121.8%
4.7%
Revenue YoY
11.1%
23.3%
Net Profit YoY
0.5%
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.

Revenue
HRB
HRB
IIIN
IIIN
Q4 25
$198.9M
$159.9M
Q3 25
$203.6M
$177.4M
Q2 25
$1.1B
$179.9M
Q1 25
$2.3B
$160.7M
Q4 24
$179.1M
$129.7M
Q3 24
$193.8M
$134.3M
Q2 24
$1.1B
$145.8M
Q1 24
$2.2B
$127.4M
Net Profit
HRB
HRB
IIIN
IIIN
Q4 25
$-242.2M
$7.6M
Q3 25
$-165.8M
$14.6M
Q2 25
$299.4M
$15.2M
Q1 25
$722.3M
$10.2M
Q4 24
$-243.4M
$1.1M
Q3 24
$-172.6M
$4.7M
Q2 24
$257.8M
$6.6M
Q1 24
$690.7M
$6.9M
Gross Margin
HRB
HRB
IIIN
IIIN
Q4 25
11.3%
Q3 25
16.1%
Q2 25
17.1%
Q1 25
57.4%
15.3%
Q4 24
7.3%
Q3 24
9.1%
Q2 24
10.6%
Q1 24
57.6%
12.3%
Operating Margin
HRB
HRB
IIIN
IIIN
Q4 25
-160.5%
6.0%
Q3 25
-106.3%
10.8%
Q2 25
33.1%
11.0%
Q1 25
42.1%
8.3%
Q4 24
-174.4%
1.1%
Q3 24
-119.8%
4.5%
Q2 24
33.0%
6.0%
Q1 24
41.5%
7.0%
Net Margin
HRB
HRB
IIIN
IIIN
Q4 25
-121.8%
4.7%
Q3 25
-81.5%
8.2%
Q2 25
27.0%
8.4%
Q1 25
31.7%
6.4%
Q4 24
-135.9%
0.8%
Q3 24
-89.0%
3.5%
Q2 24
24.3%
4.5%
Q1 24
31.6%
5.4%
EPS (diluted)
HRB
HRB
IIIN
IIIN
Q4 25
$0.39
Q3 25
$0.74
Q2 25
$0.78
Q1 25
$5.31
$0.52
Q4 24
$0.06
Q3 24
$0.24
Q2 24
$0.34
Q1 24
$4.86
$0.35

Balance Sheet & Financial Strength

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

Metric
HRB
HRB
IIIN
IIIN
Cash + ST InvestmentsLiquidity on hand
$349.2M
$15.6M
Total DebtLower is stronger
$2.4B
Stockholders' EquityBook value
$-823.1M
$358.8M
Total Assets
$2.9B
$456.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HRB
HRB
IIIN
IIIN
Q4 25
$349.2M
$15.6M
Q3 25
$376.4M
$38.6M
Q2 25
$983.3M
$53.7M
Q1 25
$772.9M
$28.4M
Q4 24
$320.1M
$36.0M
Q3 24
$415.9M
$111.5M
Q2 24
$1.1B
$97.7M
Q1 24
$794.6M
$83.9M
Total Debt
HRB
HRB
IIIN
IIIN
Q4 25
$2.4B
Q3 25
$1.7B
Q2 25
$1.1B
Q1 25
$1.1B
Q4 24
$1.9B
Q3 24
$1.5B
Q2 24
$1.5B
Q1 24
$1.5B
Stockholders' Equity
HRB
HRB
IIIN
IIIN
Q4 25
$-823.1M
$358.8M
Q3 25
$-550.9M
$371.5M
Q2 25
$88.9M
$356.2M
Q1 25
$-192.8M
$341.4M
Q4 24
$-872.5M
$331.6M
Q3 24
$-368.1M
$350.9M
Q2 24
$90.6M
$346.0M
Q1 24
$-129.8M
$340.6M
Total Assets
HRB
HRB
IIIN
IIIN
Q4 25
$2.9B
$456.1M
Q3 25
$2.6B
$462.6M
Q2 25
$3.3B
$471.9M
Q1 25
$3.2B
$421.9M
Q4 24
$2.7B
$404.7M
Q3 24
$2.5B
$422.6M
Q2 24
$3.2B
$414.6M
Q1 24
$3.2B
$397.2M
Debt / Equity
HRB
HRB
IIIN
IIIN
Q4 25
Q3 25
Q2 25
12.86×
Q1 25
Q4 24
Q3 24
Q2 24
16.46×
Q1 24

Cash Flow & Capital Efficiency

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

Metric
HRB
HRB
IIIN
IIIN
Operating Cash FlowLast quarter
$-614.0M
$-701.0K
Free Cash FlowOCF − Capex
$-649.5M
$-2.2M
FCF MarginFCF / Revenue
-326.6%
-1.4%
Capex IntensityCapex / Revenue
17.9%
0.9%
Cash ConversionOCF / Net Profit
-0.09×
TTM Free Cash FlowTrailing 4 quarters
$524.1M
$439.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HRB
HRB
IIIN
IIIN
Q4 25
$-614.0M
$-701.0K
Q3 25
$-356.8M
$-17.0M
Q2 25
$251.6M
$28.5M
Q1 25
$1.3B
$-3.3M
Q4 24
$-567.1M
$19.0M
Q3 24
$-328.6M
$16.2M
Q2 24
$300.6M
$18.8M
Q1 24
$1.4B
$1.4M
Free Cash Flow
HRB
HRB
IIIN
IIIN
Q4 25
$-649.5M
$-2.2M
Q3 25
$-370.0M
$-18.7M
Q2 25
$241.3M
$26.9M
Q1 25
$1.3B
$-5.5M
Q4 24
$-597.4M
$16.3M
Q3 24
$-347.3M
$14.5M
Q2 24
$290.7M
$15.5M
Q1 24
$1.3B
$-580.0K
FCF Margin
HRB
HRB
IIIN
IIIN
Q4 25
-326.6%
-1.4%
Q3 25
-181.8%
-10.6%
Q2 25
21.7%
15.0%
Q1 25
57.2%
-3.5%
Q4 24
-333.6%
12.6%
Q3 24
-179.2%
10.8%
Q2 24
27.4%
10.7%
Q1 24
61.4%
-0.5%
Capex Intensity
HRB
HRB
IIIN
IIIN
Q4 25
17.9%
0.9%
Q3 25
6.5%
1.0%
Q2 25
0.9%
0.9%
Q1 25
1.0%
1.4%
Q4 24
17.0%
2.1%
Q3 24
9.7%
1.3%
Q2 24
0.9%
2.2%
Q1 24
1.0%
1.5%
Cash Conversion
HRB
HRB
IIIN
IIIN
Q4 25
-0.09×
Q3 25
-1.17×
Q2 25
0.84×
1.88×
Q1 25
1.83×
-0.32×
Q4 24
17.56×
Q3 24
3.48×
Q2 24
1.17×
2.86×
Q1 24
1.97×
0.20×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HRB
HRB

Segment breakdown not available.

IIIN
IIIN

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

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