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

INSTEEL INDUSTRIES INC is the larger business by last-quarter revenue ($159.9M vs $120.6M, roughly 1.3× Kennedy-Wilson Holdings, Inc.). Kennedy-Wilson Holdings, Inc. runs the higher net margin — 48.1% vs 4.7%, a 43.3% gap on every dollar of revenue. On growth, INSTEEL INDUSTRIES INC posted the faster year-over-year revenue change (23.3% vs -11.0%). INSTEEL INDUSTRIES INC produced more free cash flow last quarter ($-2.2M vs $-55.2M). Over the past eight quarters, INSTEEL INDUSTRIES INC's revenue compounded faster (12.0% CAGR vs -6.0%).

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.

Kennedy Wilson is a real estate investment company headquartered in Beverly Hills, California, United States.

IIIN vs KW — Head-to-Head

Bigger by revenue
IIIN
IIIN
1.3× larger
IIIN
$159.9M
$120.6M
KW
Growing faster (revenue YoY)
IIIN
IIIN
+34.3% gap
IIIN
23.3%
-11.0%
KW
Higher net margin
KW
KW
43.3% more per $
KW
48.1%
4.7%
IIIN
More free cash flow
IIIN
IIIN
$53.0M more FCF
IIIN
$-2.2M
$-55.2M
KW
Faster 2-yr revenue CAGR
IIIN
IIIN
Annualised
IIIN
12.0%
-6.0%
KW

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
IIIN
IIIN
KW
KW
Revenue
$159.9M
$120.6M
Net Profit
$7.6M
$58.0M
Gross Margin
11.3%
Operating Margin
6.0%
57.3%
Net Margin
4.7%
48.1%
Revenue YoY
23.3%
-11.0%
Net Profit YoY
602.4%
32.7%
EPS (diluted)
$0.39
$0.22

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
IIIN
IIIN
KW
KW
Q4 25
$159.9M
$120.6M
Q3 25
$177.4M
$116.4M
Q2 25
$179.9M
$135.7M
Q1 25
$160.7M
$128.3M
Q4 24
$129.7M
$135.5M
Q3 24
$134.3M
$127.5M
Q2 24
$145.8M
$132.0M
Q1 24
$127.4M
$136.4M
Net Profit
IIIN
IIIN
KW
KW
Q4 25
$7.6M
$58.0M
Q3 25
$14.6M
$-10.2M
Q2 25
$15.2M
$5.6M
Q1 25
$10.2M
$-29.6M
Q4 24
$1.1M
$43.7M
Q3 24
$4.7M
$-66.8M
Q2 24
$6.6M
$-48.3M
Q1 24
$6.9M
$37.7M
Gross Margin
IIIN
IIIN
KW
KW
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%
Q1 24
12.3%
Operating Margin
IIIN
IIIN
KW
KW
Q4 25
6.0%
57.3%
Q3 25
10.8%
-6.2%
Q2 25
11.0%
7.4%
Q1 25
8.3%
-26.9%
Q4 24
1.1%
36.7%
Q3 24
4.5%
-60.8%
Q2 24
6.0%
-45.5%
Q1 24
7.0%
47.2%
Net Margin
IIIN
IIIN
KW
KW
Q4 25
4.7%
48.1%
Q3 25
8.2%
-8.8%
Q2 25
8.4%
4.1%
Q1 25
6.4%
-23.1%
Q4 24
0.8%
32.3%
Q3 24
3.5%
-52.4%
Q2 24
4.5%
-36.6%
Q1 24
5.4%
27.6%
EPS (diluted)
IIIN
IIIN
KW
KW
Q4 25
$0.39
$0.22
Q3 25
$0.74
$-0.15
Q2 25
$0.78
$-0.05
Q1 25
$0.52
$-0.30
Q4 24
$0.06
$0.24
Q3 24
$0.24
$-0.56
Q2 24
$0.34
$-0.43
Q1 24
$0.35
$0.19

Balance Sheet & Financial Strength

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

Metric
IIIN
IIIN
KW
KW
Cash + ST InvestmentsLiquidity on hand
$15.6M
$184.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$358.8M
$1.5B
Total Assets
$456.1M
$6.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IIIN
IIIN
KW
KW
Q4 25
$15.6M
$184.5M
Q3 25
$38.6M
$382.6M
Q2 25
$53.7M
$309.1M
Q1 25
$28.4M
$356.6M
Q4 24
$36.0M
$217.5M
Q3 24
$111.5M
$367.1M
Q2 24
$97.7M
$366.5M
Q1 24
$83.9M
$541.9M
Stockholders' Equity
IIIN
IIIN
KW
KW
Q4 25
$358.8M
$1.5B
Q3 25
$371.5M
$1.5B
Q2 25
$356.2M
$1.6B
Q1 25
$341.4M
$1.6B
Q4 24
$331.6M
$1.6B
Q3 24
$350.9M
$1.6B
Q2 24
$346.0M
$1.7B
Q1 24
$340.6M
$1.7B
Total Assets
IIIN
IIIN
KW
KW
Q4 25
$456.1M
$6.6B
Q3 25
$462.6M
$6.7B
Q2 25
$471.9M
$6.8B
Q1 25
$421.9M
$7.2B
Q4 24
$404.7M
$7.0B
Q3 24
$422.6M
$7.4B
Q2 24
$414.6M
$7.5B
Q1 24
$397.2M
$7.7B

Cash Flow & Capital Efficiency

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

Metric
IIIN
IIIN
KW
KW
Operating Cash FlowLast quarter
$-701.0K
$11.4M
Free Cash FlowOCF − Capex
$-2.2M
$-55.2M
FCF MarginFCF / Revenue
-1.4%
-45.8%
Capex IntensityCapex / Revenue
0.9%
55.2%
Cash ConversionOCF / Net Profit
-0.09×
0.20×
TTM Free Cash FlowTrailing 4 quarters
$439.0K
$-103.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IIIN
IIIN
KW
KW
Q4 25
$-701.0K
$11.4M
Q3 25
$-17.0M
$-7.6M
Q2 25
$28.5M
$42.0M
Q1 25
$-3.3M
$-51.9M
Q4 24
$19.0M
$55.1M
Q3 24
$16.2M
$-5.6M
Q2 24
$18.8M
$36.7M
Q1 24
$1.4M
$-5.6M
Free Cash Flow
IIIN
IIIN
KW
KW
Q4 25
$-2.2M
$-55.2M
Q3 25
$-18.7M
$-18.0M
Q2 25
$26.9M
$29.4M
Q1 25
$-5.5M
$-59.7M
Q4 24
$16.3M
$-76.5M
Q3 24
$14.5M
$-27.7M
Q2 24
$15.5M
$-500.0K
Q1 24
$-580.0K
$-57.1M
FCF Margin
IIIN
IIIN
KW
KW
Q4 25
-1.4%
-45.8%
Q3 25
-10.6%
-15.5%
Q2 25
15.0%
21.7%
Q1 25
-3.5%
-46.5%
Q4 24
12.6%
-56.5%
Q3 24
10.8%
-21.7%
Q2 24
10.7%
-0.4%
Q1 24
-0.5%
-41.9%
Capex Intensity
IIIN
IIIN
KW
KW
Q4 25
0.9%
55.2%
Q3 25
1.0%
8.9%
Q2 25
0.9%
9.3%
Q1 25
1.4%
6.1%
Q4 24
2.1%
97.1%
Q3 24
1.3%
17.3%
Q2 24
2.2%
28.2%
Q1 24
1.5%
37.8%
Cash Conversion
IIIN
IIIN
KW
KW
Q4 25
-0.09×
0.20×
Q3 25
-1.17×
Q2 25
1.88×
7.50×
Q1 25
-0.32×
Q4 24
17.56×
1.26×
Q3 24
3.48×
Q2 24
2.86×
Q1 24
0.20×
-0.15×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IIIN
IIIN

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

KW
KW

Consolidated Portfolio Segment$84.9M70%
Investment Management Fees$30.4M25%
Real Estate$5.1M4%

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