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Side-by-side financial comparison of INSTEEL INDUSTRIES INC (IIIN) and OIL STATES INTERNATIONAL, INC (OIS). Click either name above to swap in a different company.
OIL STATES INTERNATIONAL, INC is the larger business by last-quarter revenue ($178.5M vs $159.9M, roughly 1.1× INSTEEL INDUSTRIES INC). INSTEEL INDUSTRIES INC runs the higher net margin — 4.7% vs -65.7%, a 70.4% gap on every dollar of revenue. On growth, INSTEEL INDUSTRIES INC posted the faster year-over-year revenue change (23.3% vs 8.4%). OIL STATES INTERNATIONAL, INC produced more free cash flow last quarter ($47.1M vs $-2.2M). Over the past eight quarters, INSTEEL INDUSTRIES INC's revenue compounded faster (12.0% CAGR vs 3.3%).
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.
Oil States International, Inc. is an American multinational corporation. It focuses on providing services to oil and gas companies. It is a public company listed on the New York Stock Exchange.
IIIN vs OIS — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $159.9M | $178.5M |
| Net Profit | $7.6M | $-117.2M |
| Gross Margin | 11.3% | 10.9% |
| Operating Margin | 6.0% | -63.7% |
| Net Margin | 4.7% | -65.7% |
| Revenue YoY | 23.3% | 8.4% |
| Net Profit YoY | 602.4% | -873.2% |
| EPS (diluted) | $0.39 | $-1.99 |
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 | $178.5M | ||
| Q3 25 | $177.4M | $165.2M | ||
| Q2 25 | $179.9M | $165.4M | ||
| Q1 25 | $160.7M | $159.9M | ||
| Q4 24 | $129.7M | $164.6M | ||
| Q3 24 | $134.3M | $174.3M | ||
| Q2 24 | $145.8M | $186.4M | ||
| Q1 24 | $127.4M | $167.3M |
| Q4 25 | $7.6M | $-117.2M | ||
| Q3 25 | $14.6M | $1.9M | ||
| Q2 25 | $15.2M | $2.8M | ||
| Q1 25 | $10.2M | $3.2M | ||
| Q4 24 | $1.1M | $15.2M | ||
| Q3 24 | $4.7M | $-14.3M | ||
| Q2 24 | $6.6M | $1.3M | ||
| Q1 24 | $6.9M | $-13.4M |
| Q4 25 | 11.3% | 10.9% | ||
| Q3 25 | 16.1% | 22.1% | ||
| Q2 25 | 17.1% | 24.2% | ||
| Q1 25 | 15.3% | 23.3% | ||
| Q4 24 | 7.3% | 23.7% | ||
| Q3 24 | 9.1% | 21.7% | ||
| Q2 24 | 10.6% | 23.8% | ||
| Q1 24 | 12.3% | 21.1% |
| Q4 25 | 6.0% | -63.7% | ||
| Q3 25 | 10.8% | 2.9% | ||
| Q2 25 | 11.0% | 3.2% | ||
| Q1 25 | 8.3% | 3.5% | ||
| Q4 24 | 1.1% | 11.2% | ||
| Q3 24 | 4.5% | -6.3% | ||
| Q2 24 | 6.0% | 1.1% | ||
| Q1 24 | 7.0% | -6.7% |
| Q4 25 | 4.7% | -65.7% | ||
| Q3 25 | 8.2% | 1.2% | ||
| Q2 25 | 8.4% | 1.7% | ||
| Q1 25 | 6.4% | 2.0% | ||
| Q4 24 | 0.8% | 9.2% | ||
| Q3 24 | 3.5% | -8.2% | ||
| Q2 24 | 4.5% | 0.7% | ||
| Q1 24 | 5.4% | -8.0% |
| Q4 25 | $0.39 | $-1.99 | ||
| Q3 25 | $0.74 | $0.03 | ||
| Q2 25 | $0.78 | $0.05 | ||
| Q1 25 | $0.52 | $0.05 | ||
| Q4 24 | $0.06 | $0.24 | ||
| Q3 24 | $0.24 | $-0.23 | ||
| Q2 24 | $0.34 | $0.02 | ||
| Q1 24 | $0.35 | $-0.21 |
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 | $69.9M |
| Total DebtLower is stronger | — | $1.7M |
| Stockholders' EquityBook value | $358.8M | $573.2M |
| Total Assets | $456.1M | $883.4M |
| Debt / EquityLower = less leverage | — | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $15.6M | $69.9M | ||
| Q3 25 | $38.6M | $67.1M | ||
| Q2 25 | $53.7M | $53.9M | ||
| Q1 25 | $28.4M | $66.8M | ||
| Q4 24 | $36.0M | $65.4M | ||
| Q3 24 | $111.5M | $46.0M | ||
| Q2 24 | $97.7M | $25.2M | ||
| Q1 24 | $83.9M | $24.1M |
| Q4 25 | — | $1.7M | ||
| Q3 25 | — | $1.9M | ||
| Q2 25 | — | $1.9M | ||
| Q1 25 | — | $124.7M | ||
| Q4 24 | — | $124.7M | ||
| Q3 24 | — | $124.6M | ||
| Q2 24 | — | $124.3M | ||
| Q1 24 | — | $135.6M |
| Q4 25 | $358.8M | $573.2M | ||
| Q3 25 | $371.5M | $689.0M | ||
| Q2 25 | $356.2M | $690.6M | ||
| Q1 25 | $341.4M | $683.4M | ||
| Q4 24 | $331.6M | $680.7M | ||
| Q3 24 | $350.9M | $684.8M | ||
| Q2 24 | $346.0M | $690.4M | ||
| Q1 24 | $340.6M | $692.3M |
| Q4 25 | $456.1M | $883.4M | ||
| Q3 25 | $462.6M | $1.0B | ||
| Q2 25 | $471.9M | $993.7M | ||
| Q1 25 | $421.9M | $990.7M | ||
| Q4 24 | $404.7M | $1.0B | ||
| Q3 24 | $422.6M | $994.1M | ||
| Q2 24 | $414.6M | $1.0B | ||
| Q1 24 | $397.2M | $1.0B |
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | — | 0.18× | ||
| Q4 24 | — | 0.18× | ||
| Q3 24 | — | 0.18× | ||
| Q2 24 | — | 0.18× | ||
| Q1 24 | — | 0.20× |
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 | $50.1M |
| Free Cash FlowOCF − Capex | $-2.2M | $47.1M |
| FCF MarginFCF / Revenue | -1.4% | 26.4% |
| Capex IntensityCapex / Revenue | 0.9% | 1.7% |
| Cash ConversionOCF / Net Profit | -0.09× | — |
| TTM Free Cash FlowTrailing 4 quarters | $439.0K | $73.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-701.0K | $50.1M | ||
| Q3 25 | $-17.0M | $30.7M | ||
| Q2 25 | $28.5M | $15.0M | ||
| Q1 25 | $-3.3M | $9.3M | ||
| Q4 24 | $19.0M | $18.2M | ||
| Q3 24 | $16.2M | $28.8M | ||
| Q2 24 | $18.8M | $10.2M | ||
| Q1 24 | $1.4M | $-11.4M |
| Q4 25 | $-2.2M | $47.1M | ||
| Q3 25 | $-18.7M | $22.0M | ||
| Q2 25 | $26.9M | $4.7M | ||
| Q1 25 | $-5.5M | $137.0K | ||
| Q4 24 | $16.3M | $4.0M | ||
| Q3 24 | $14.5M | $21.4M | ||
| Q2 24 | $15.5M | $4.5M | ||
| Q1 24 | $-580.0K | $-21.5M |
| Q4 25 | -1.4% | 26.4% | ||
| Q3 25 | -10.6% | 13.3% | ||
| Q2 25 | 15.0% | 2.8% | ||
| Q1 25 | -3.5% | 0.1% | ||
| Q4 24 | 12.6% | 2.4% | ||
| Q3 24 | 10.8% | 12.3% | ||
| Q2 24 | 10.7% | 2.4% | ||
| Q1 24 | -0.5% | -12.8% |
| Q4 25 | 0.9% | 1.7% | ||
| Q3 25 | 1.0% | 5.3% | ||
| Q2 25 | 0.9% | 6.2% | ||
| Q1 25 | 1.4% | 5.7% | ||
| Q4 24 | 2.1% | 8.6% | ||
| Q3 24 | 1.3% | 4.3% | ||
| Q2 24 | 2.2% | 3.1% | ||
| Q1 24 | 1.5% | 6.0% |
| Q4 25 | -0.09× | — | ||
| Q3 25 | -1.17× | 16.15× | ||
| Q2 25 | 1.88× | 5.33× | ||
| Q1 25 | -0.32× | 2.94× | ||
| Q4 24 | 17.56× | 1.20× | ||
| Q3 24 | 3.48× | — | ||
| Q2 24 | 2.86× | 7.87× | ||
| Q1 24 | 0.20× | — |
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% |
OIS
| Project Driven | $112.6M | 63% |
| Downhole Technologies | $32.1M | 18% |
| Completion And Production Services | $23.1M | 13% |
| Military And Other Products | $10.7M | 6% |
