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Side-by-side financial comparison of INSTEEL INDUSTRIES INC (IIIN) and MGIC INVESTMENT CORP (MTG). Click either name above to swap in a different company.
MGIC INVESTMENT CORP is the larger business by last-quarter revenue ($297.1M vs $159.9M, roughly 1.9× INSTEEL INDUSTRIES INC). MGIC INVESTMENT CORP runs the higher net margin — 55.6% vs 4.7%, a 50.9% gap on every dollar of revenue. On growth, INSTEEL INDUSTRIES INC posted the faster year-over-year revenue change (23.3% vs -3.0%). Over the past eight quarters, INSTEEL INDUSTRIES INC's revenue compounded faster (12.0% CAGR vs -1.4%).
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.
MGIC Investment Corporation NYSE: MTG ("MGIC") is a provider of private mortgage insurance in the United States. The company is headquartered in Milwaukee, Wisconsin.
IIIN vs MTG — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $159.9M | $297.1M |
| Net Profit | $7.6M | $165.3M |
| Gross Margin | 11.3% | — |
| Operating Margin | 6.0% | — |
| Net Margin | 4.7% | 55.6% |
| Revenue YoY | 23.3% | -3.0% |
| Net Profit YoY | 602.4% | -10.9% |
| EPS (diluted) | $0.39 | $0.76 |
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.
| Q1 26 | — | $297.1M | ||
| Q4 25 | $159.9M | $298.7M | ||
| Q3 25 | $177.4M | $304.5M | ||
| Q2 25 | $179.9M | $304.2M | ||
| Q1 25 | $160.7M | $306.2M | ||
| Q4 24 | $129.7M | $301.4M | ||
| Q3 24 | $134.3M | $306.6M | ||
| Q2 24 | $145.8M | $305.3M |
| Q1 26 | — | $165.3M | ||
| Q4 25 | $7.6M | $169.3M | ||
| Q3 25 | $14.6M | $191.1M | ||
| Q2 25 | $15.2M | $192.5M | ||
| Q1 25 | $10.2M | $185.5M | ||
| Q4 24 | $1.1M | $184.7M | ||
| Q3 24 | $4.7M | $200.0M | ||
| Q2 24 | $6.6M | $204.2M |
| 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% | — |
| Q1 26 | — | — | ||
| Q4 25 | 6.0% | 71.2% | ||
| Q3 25 | 10.8% | 77.2% | ||
| Q2 25 | 11.0% | 80.9% | ||
| Q1 25 | 8.3% | 76.6% | ||
| Q4 24 | 1.1% | 77.9% | ||
| Q3 24 | 4.5% | 82.9% | ||
| Q2 24 | 6.0% | 85.1% |
| Q1 26 | — | 55.6% | ||
| Q4 25 | 4.7% | 56.7% | ||
| Q3 25 | 8.2% | 62.8% | ||
| Q2 25 | 8.4% | 63.3% | ||
| Q1 25 | 6.4% | 60.6% | ||
| Q4 24 | 0.8% | 61.3% | ||
| Q3 24 | 3.5% | 65.2% | ||
| Q2 24 | 4.5% | 66.9% |
| Q1 26 | — | $0.76 | ||
| Q4 25 | $0.39 | $0.75 | ||
| Q3 25 | $0.74 | $0.83 | ||
| Q2 25 | $0.78 | $0.81 | ||
| Q1 25 | $0.52 | $0.75 | ||
| Q4 24 | $0.06 | $0.71 | ||
| Q3 24 | $0.24 | $0.77 | ||
| Q2 24 | $0.34 | $0.77 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $15.6M | $235.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $358.8M | $5.0B |
| Total Assets | $456.1M | $6.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $235.1M | ||
| Q4 25 | $15.6M | $369.0M | ||
| Q3 25 | $38.6M | $266.9M | ||
| Q2 25 | $53.7M | $294.9M | ||
| Q1 25 | $28.4M | $207.0M | ||
| Q4 24 | $36.0M | $229.5M | ||
| Q3 24 | $111.5M | $288.6M | ||
| Q2 24 | $97.7M | $281.8M |
| Q1 26 | — | $5.0B | ||
| Q4 25 | $358.8M | $5.1B | ||
| Q3 25 | $371.5M | $5.2B | ||
| Q2 25 | $356.2M | $5.2B | ||
| Q1 25 | $341.4M | $5.1B | ||
| Q4 24 | $331.6M | $5.2B | ||
| Q3 24 | $350.9M | $5.3B | ||
| Q2 24 | $346.0M | $5.1B |
| Q1 26 | — | $6.4B | ||
| Q4 25 | $456.1M | $6.6B | ||
| Q3 25 | $462.6M | $6.6B | ||
| Q2 25 | $471.9M | $6.5B | ||
| Q1 25 | $421.9M | $6.5B | ||
| Q4 24 | $404.7M | $6.5B | ||
| Q3 24 | $422.6M | $6.7B | ||
| Q2 24 | $414.6M | $6.5B |
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 | $-701.0K | — |
| Free Cash FlowOCF − Capex | $-2.2M | — |
| FCF MarginFCF / Revenue | -1.4% | — |
| Capex IntensityCapex / Revenue | 0.9% | — |
| Cash ConversionOCF / Net Profit | -0.09× | — |
| TTM Free Cash FlowTrailing 4 quarters | $439.0K | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-701.0K | $230.8M | ||
| Q3 25 | $-17.0M | $215.4M | ||
| Q2 25 | $28.5M | $183.0M | ||
| Q1 25 | $-3.3M | $223.7M | ||
| Q4 24 | $19.0M | $182.4M | ||
| Q3 24 | $16.2M | $182.9M | ||
| Q2 24 | $18.8M | $169.2M |
| Q1 26 | — | — | ||
| Q4 25 | $-2.2M | $230.2M | ||
| Q3 25 | $-18.7M | $215.1M | ||
| Q2 25 | $26.9M | $183.0M | ||
| Q1 25 | $-5.5M | $223.5M | ||
| Q4 24 | $16.3M | $181.9M | ||
| Q3 24 | $14.5M | $182.5M | ||
| Q2 24 | $15.5M | $169.0M |
| Q1 26 | — | — | ||
| Q4 25 | -1.4% | 77.1% | ||
| Q3 25 | -10.6% | 70.6% | ||
| Q2 25 | 15.0% | 60.1% | ||
| Q1 25 | -3.5% | 73.0% | ||
| Q4 24 | 12.6% | 60.3% | ||
| Q3 24 | 10.8% | 59.5% | ||
| Q2 24 | 10.7% | 55.3% |
| Q1 26 | — | — | ||
| Q4 25 | 0.9% | 0.2% | ||
| Q3 25 | 1.0% | 0.1% | ||
| Q2 25 | 0.9% | 0.0% | ||
| Q1 25 | 1.4% | 0.0% | ||
| Q4 24 | 2.1% | 0.2% | ||
| Q3 24 | 1.3% | 0.1% | ||
| Q2 24 | 2.2% | 0.1% |
| Q1 26 | — | — | ||
| Q4 25 | -0.09× | 1.36× | ||
| Q3 25 | -1.17× | 1.13× | ||
| Q2 25 | 1.88× | 0.95× | ||
| Q1 25 | -0.32× | 1.21× | ||
| Q4 24 | 17.56× | 0.99× | ||
| Q3 24 | 3.48× | 0.91× | ||
| Q2 24 | 2.86× | 0.83× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IIIN
| Welded Wire Reinforcement | $108.4M | 68% |
| PC Strand | $51.6M | 32% |
MTG
Segment breakdown not available.
