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Side-by-side financial comparison of INSTEEL INDUSTRIES INC (IIIN) and OFG BANCORP (OFG). Click either name above to swap in a different company.
OFG BANCORP is the larger business by last-quarter revenue ($184.3M vs $159.9M, roughly 1.2× INSTEEL INDUSTRIES INC). OFG BANCORP runs the higher net margin — 30.3% vs 4.7%, a 25.6% gap on every dollar of revenue. On growth, INSTEEL INDUSTRIES INC posted the faster year-over-year revenue change (23.3% vs 0.9%). OFG BANCORP produced more free cash flow last quarter ($199.3M vs $-2.2M). Over the past eight quarters, INSTEEL INDUSTRIES INC's revenue compounded faster (12.0% CAGR vs 2.8%).
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.
OFG Bancorp, founded in 1964, is the financial holding company for Oriental Bank, located in San Juan, Puerto Rico. OFG offers a wide range of retail and commercial banking, lending and wealth management products, services and technology, primarily in Puerto Rico and the U.S. Virgin Islands through its principal subsidiaries: Oriental Bank, Oriental Financial Services LLC, and Oriental Insurance LLC. Its headquarters are located at Oriental Center, 254 Muñoz Rivera Avenue, San Juan, PR 00918....
IIIN vs OFG — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $159.9M | $184.3M |
| Net Profit | $7.6M | $55.9M |
| Gross Margin | 11.3% | — |
| Operating Margin | 6.0% | 25.7% |
| Net Margin | 4.7% | 30.3% |
| Revenue YoY | 23.3% | 0.9% |
| Net Profit YoY | 602.4% | 11.0% |
| EPS (diluted) | $0.39 | $1.27 |
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.
| Q4 25 | $159.9M | $184.3M | ||
| Q3 25 | $177.4M | $186.2M | ||
| Q2 25 | $179.9M | $182.4M | ||
| Q1 25 | $160.7M | $178.6M | ||
| Q4 24 | $129.7M | $182.7M | ||
| Q3 24 | $134.3M | $174.7M | ||
| Q2 24 | $145.8M | $179.8M | ||
| Q1 24 | $127.4M | $174.4M |
| Q4 25 | $7.6M | $55.9M | ||
| Q3 25 | $14.6M | $51.8M | ||
| Q2 25 | $15.2M | $51.8M | ||
| Q1 25 | $10.2M | $45.6M | ||
| Q4 24 | $1.1M | $50.3M | ||
| Q3 24 | $4.7M | $47.0M | ||
| Q2 24 | $6.6M | $51.1M | ||
| Q1 24 | $6.9M | $49.7M |
| 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% | — |
| Q4 25 | 6.0% | 25.7% | ||
| Q3 25 | 10.8% | 33.0% | ||
| Q2 25 | 11.0% | 36.1% | ||
| Q1 25 | 8.3% | 33.3% | ||
| Q4 24 | 1.1% | 28.9% | ||
| Q3 24 | 4.5% | 35.4% | ||
| Q2 24 | 6.0% | 39.6% | ||
| Q1 24 | 7.0% | 38.9% |
| Q4 25 | 4.7% | 30.3% | ||
| Q3 25 | 8.2% | 27.8% | ||
| Q2 25 | 8.4% | 28.4% | ||
| Q1 25 | 6.4% | 25.5% | ||
| Q4 24 | 0.8% | 27.6% | ||
| Q3 24 | 3.5% | 26.9% | ||
| Q2 24 | 4.5% | 28.4% | ||
| Q1 24 | 5.4% | 28.5% |
| Q4 25 | $0.39 | $1.27 | ||
| Q3 25 | $0.74 | $1.16 | ||
| Q2 25 | $0.78 | $1.15 | ||
| Q1 25 | $0.52 | $1.00 | ||
| Q4 24 | $0.06 | $1.10 | ||
| Q3 24 | $0.24 | $1.00 | ||
| Q2 24 | $0.34 | $1.08 | ||
| Q1 24 | $0.35 | $1.05 |
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 | $1.0B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $358.8M | $1.4B |
| Total Assets | $456.1M | $12.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $15.6M | $1.0B | ||
| Q3 25 | $38.6M | $740.3M | ||
| Q2 25 | $53.7M | $851.8M | ||
| Q1 25 | $28.4M | $710.6M | ||
| Q4 24 | $36.0M | $591.1M | ||
| Q3 24 | $111.5M | $680.6M | ||
| Q2 24 | $97.7M | $740.4M | ||
| Q1 24 | $83.9M | $754.4M |
| Q4 25 | $358.8M | $1.4B | ||
| Q3 25 | $371.5M | $1.4B | ||
| Q2 25 | $356.2M | $1.3B | ||
| Q1 25 | $341.4M | $1.3B | ||
| Q4 24 | $331.6M | $1.3B | ||
| Q3 24 | $350.9M | $1.3B | ||
| Q2 24 | $346.0M | $1.2B | ||
| Q1 24 | $340.6M | $1.2B |
| Q4 25 | $456.1M | $12.5B | ||
| Q3 25 | $462.6M | $12.2B | ||
| Q2 25 | $471.9M | $12.2B | ||
| Q1 25 | $421.9M | $11.7B | ||
| Q4 24 | $404.7M | $11.5B | ||
| Q3 24 | $422.6M | $11.5B | ||
| Q2 24 | $414.6M | $11.3B | ||
| Q1 24 | $397.2M | $11.2B |
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 | $217.7M |
| Free Cash FlowOCF − Capex | $-2.2M | $199.3M |
| FCF MarginFCF / Revenue | -1.4% | 108.1% |
| Capex IntensityCapex / Revenue | 0.9% | 10.0% |
| Cash ConversionOCF / Net Profit | -0.09× | 3.90× |
| TTM Free Cash FlowTrailing 4 quarters | $439.0K | $345.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-701.0K | $217.7M | ||
| Q3 25 | $-17.0M | $39.5M | ||
| Q2 25 | $28.5M | $35.9M | ||
| Q1 25 | $-3.3M | $83.1M | ||
| Q4 24 | $19.0M | $252.5M | ||
| Q3 24 | $16.2M | $58.1M | ||
| Q2 24 | $18.8M | $95.1M | ||
| Q1 24 | $1.4M | $61.0M |
| Q4 25 | $-2.2M | $199.3M | ||
| Q3 25 | $-18.7M | $35.5M | ||
| Q2 25 | $26.9M | $31.8M | ||
| Q1 25 | $-5.5M | $78.7M | ||
| Q4 24 | $16.3M | $231.2M | ||
| Q3 24 | $14.5M | $51.8M | ||
| Q2 24 | $15.5M | $90.4M | ||
| Q1 24 | $-580.0K | $54.8M |
| Q4 25 | -1.4% | 108.1% | ||
| Q3 25 | -10.6% | 19.1% | ||
| Q2 25 | 15.0% | 17.4% | ||
| Q1 25 | -3.5% | 44.1% | ||
| Q4 24 | 12.6% | 126.5% | ||
| Q3 24 | 10.8% | 29.6% | ||
| Q2 24 | 10.7% | 50.3% | ||
| Q1 24 | -0.5% | 31.4% |
| Q4 25 | 0.9% | 10.0% | ||
| Q3 25 | 1.0% | 2.1% | ||
| Q2 25 | 0.9% | 2.3% | ||
| Q1 25 | 1.4% | 2.4% | ||
| Q4 24 | 2.1% | 11.7% | ||
| Q3 24 | 1.3% | 3.6% | ||
| Q2 24 | 2.2% | 2.6% | ||
| Q1 24 | 1.5% | 3.5% |
| Q4 25 | -0.09× | 3.90× | ||
| Q3 25 | -1.17× | 0.76× | ||
| Q2 25 | 1.88× | 0.69× | ||
| Q1 25 | -0.32× | 1.82× | ||
| Q4 24 | 17.56× | 5.02× | ||
| Q3 24 | 3.48× | 1.24× | ||
| Q2 24 | 2.86× | 1.86× | ||
| Q1 24 | 0.20× | 1.23× |
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% |
OFG
Segment breakdown not available.
