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Side-by-side financial comparison of INSTEEL INDUSTRIES INC (IIIN) and UNIVERSAL DISPLAY CORP \PA\ (OLED). Click either name above to swap in a different company.
INSTEEL INDUSTRIES INC is the larger business by last-quarter revenue ($159.9M vs $142.2M, roughly 1.1× UNIVERSAL DISPLAY CORP \PA\). UNIVERSAL DISPLAY CORP \PA\ runs the higher net margin — 25.2% vs 4.7%, a 20.5% gap on every dollar of revenue. On growth, INSTEEL INDUSTRIES INC posted the faster year-over-year revenue change (23.3% vs -14.5%). Over the past eight quarters, INSTEEL INDUSTRIES INC's revenue compounded faster (12.0% CAGR vs -5.3%).
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.
Universal Display Corporation is a developer and manufacturer of organic light emitting diode (OLED) technologies and materials, and it is a provider of services to the display and lighting industries.
IIIN vs OLED — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $159.9M | $142.2M |
| Net Profit | $7.6M | $35.9M |
| Gross Margin | 11.3% | 74.6% |
| Operating Margin | 6.0% | 30.1% |
| Net Margin | 4.7% | 25.2% |
| Revenue YoY | 23.3% | -14.5% |
| Net Profit YoY | 602.4% | -44.3% |
| 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 | — | $142.2M | ||
| Q4 25 | $159.9M | $172.9M | ||
| Q3 25 | $177.4M | $139.6M | ||
| Q2 25 | $179.9M | $171.8M | ||
| Q1 25 | $160.7M | $166.3M | ||
| Q4 24 | $129.7M | $162.3M | ||
| Q3 24 | $134.3M | $161.6M | ||
| Q2 24 | $145.8M | $158.5M |
| Q1 26 | — | $35.9M | ||
| Q4 25 | $7.6M | $66.3M | ||
| Q3 25 | $14.6M | $44.0M | ||
| Q2 25 | $15.2M | $67.3M | ||
| Q1 25 | $10.2M | $64.4M | ||
| Q4 24 | $1.1M | $46.0M | ||
| Q3 24 | $4.7M | $66.9M | ||
| Q2 24 | $6.6M | $52.3M |
| Q1 26 | — | 74.6% | ||
| Q4 25 | 11.3% | 76.1% | ||
| Q3 25 | 16.1% | 74.6% | ||
| Q2 25 | 17.1% | 77.2% | ||
| Q1 25 | 15.3% | 77.1% | ||
| Q4 24 | 7.3% | 77.0% | ||
| Q3 24 | 9.1% | 77.8% | ||
| Q2 24 | 10.6% | 75.8% |
| Q1 26 | — | 30.1% | ||
| Q4 25 | 6.0% | 38.9% | ||
| Q3 25 | 10.8% | 30.9% | ||
| Q2 25 | 11.0% | 39.9% | ||
| Q1 25 | 8.3% | 41.9% | ||
| Q4 24 | 1.1% | 32.3% | ||
| Q3 24 | 4.5% | 41.5% | ||
| Q2 24 | 6.0% | 35.6% |
| Q1 26 | — | 25.2% | ||
| Q4 25 | 4.7% | 38.4% | ||
| Q3 25 | 8.2% | 31.5% | ||
| Q2 25 | 8.4% | 39.2% | ||
| Q1 25 | 6.4% | 38.8% | ||
| Q4 24 | 0.8% | 28.4% | ||
| Q3 24 | 3.5% | 41.4% | ||
| Q2 24 | 4.5% | 33.0% |
| Q1 26 | — | $0.76 | ||
| Q4 25 | $0.39 | $1.40 | ||
| Q3 25 | $0.74 | $0.92 | ||
| Q2 25 | $0.78 | $1.41 | ||
| Q1 25 | $0.52 | $1.35 | ||
| Q4 24 | $0.06 | $0.96 | ||
| Q3 24 | $0.24 | $1.40 | ||
| Q2 24 | $0.34 | $1.10 |
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 | $516.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $358.8M | — |
| Total Assets | $456.1M | $1.9B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $516.4M | ||
| Q4 25 | $15.6M | $602.4M | ||
| Q3 25 | $38.6M | $603.0M | ||
| Q2 25 | $53.7M | $525.2M | ||
| Q1 25 | $28.4M | $571.3M | ||
| Q4 24 | $36.0M | $492.7M | ||
| Q3 24 | $111.5M | $551.6M | ||
| Q2 24 | $97.7M | $530.5M |
| Q1 26 | — | — | ||
| Q4 25 | $358.8M | $1.8B | ||
| Q3 25 | $371.5M | $1.7B | ||
| Q2 25 | $356.2M | $1.7B | ||
| Q1 25 | $341.4M | $1.7B | ||
| Q4 24 | $331.6M | $1.6B | ||
| Q3 24 | $350.9M | $1.6B | ||
| Q2 24 | $346.0M | $1.5B |
| Q1 26 | — | $1.9B | ||
| Q4 25 | $456.1M | $2.0B | ||
| Q3 25 | $462.6M | $1.9B | ||
| Q2 25 | $471.9M | $1.9B | ||
| Q1 25 | $421.9M | $1.9B | ||
| Q4 24 | $404.7M | $1.8B | ||
| Q3 24 | $422.6M | $1.8B | ||
| Q2 24 | $414.6M | $1.8B |
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 | $108.9M |
| Free Cash FlowOCF − Capex | $-2.2M | — |
| FCF MarginFCF / Revenue | -1.4% | — |
| Capex IntensityCapex / Revenue | 0.9% | — |
| Cash ConversionOCF / Net Profit | -0.09× | 3.03× |
| TTM Free Cash FlowTrailing 4 quarters | $439.0K | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $108.9M | ||
| Q4 25 | $-701.0K | $31.1M | ||
| Q3 25 | $-17.0M | $97.2M | ||
| Q2 25 | $28.5M | $51.9M | ||
| Q1 25 | $-3.3M | $30.6M | ||
| Q4 24 | $19.0M | $34.7M | ||
| Q3 24 | $16.2M | $79.9M | ||
| Q2 24 | $18.8M | $67.0M |
| Q1 26 | — | — | ||
| Q4 25 | $-2.2M | $15.1M | ||
| Q3 25 | $-18.7M | $84.3M | ||
| Q2 25 | $26.9M | $37.5M | ||
| Q1 25 | $-5.5M | $17.5M | ||
| Q4 24 | $16.3M | $22.0M | ||
| Q3 24 | $14.5M | $66.2M | ||
| Q2 24 | $15.5M | $57.9M |
| Q1 26 | — | — | ||
| Q4 25 | -1.4% | 8.7% | ||
| Q3 25 | -10.6% | 60.4% | ||
| Q2 25 | 15.0% | 21.8% | ||
| Q1 25 | -3.5% | 10.5% | ||
| Q4 24 | 12.6% | 13.6% | ||
| Q3 24 | 10.8% | 41.0% | ||
| Q2 24 | 10.7% | 36.5% |
| Q1 26 | — | — | ||
| Q4 25 | 0.9% | 9.3% | ||
| Q3 25 | 1.0% | 9.2% | ||
| Q2 25 | 0.9% | 8.4% | ||
| Q1 25 | 1.4% | 7.9% | ||
| Q4 24 | 2.1% | 7.8% | ||
| Q3 24 | 1.3% | 8.4% | ||
| Q2 24 | 2.2% | 5.8% |
| Q1 26 | — | 3.03× | ||
| Q4 25 | -0.09× | 0.47× | ||
| Q3 25 | -1.17× | 2.21× | ||
| Q2 25 | 1.88× | 0.77× | ||
| Q1 25 | -0.32× | 0.47× | ||
| Q4 24 | 17.56× | 0.75× | ||
| Q3 24 | 3.48× | 1.19× | ||
| Q2 24 | 2.86× | 1.28× |
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% |
OLED
| Material sales | $83.7M | 59% |
| Royalty and license fees | $54.2M | 38% |
| Contract research services | $4.3M | 3% |
