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Side-by-side financial comparison of INSTEEL INDUSTRIES INC (IIIN) and ONESPAWORLD HOLDINGS Ltd (OSW). Click either name above to swap in a different company.
ONESPAWORLD HOLDINGS Ltd is the larger business by last-quarter revenue ($242.1M vs $159.9M, roughly 1.5× INSTEEL INDUSTRIES INC). ONESPAWORLD HOLDINGS Ltd runs the higher net margin — 5.0% vs 4.7%, a 0.2% gap on every dollar of revenue. On growth, INSTEEL INDUSTRIES INC posted the faster year-over-year revenue change (23.3% vs 11.5%). ONESPAWORLD HOLDINGS Ltd produced more free cash flow last quarter ($14.9M vs $-2.2M). Over the past eight quarters, INSTEEL INDUSTRIES INC's revenue compounded faster (12.0% CAGR vs 7.1%).
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.
IIIN vs OSW — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $159.9M | $242.1M |
| Net Profit | $7.6M | $12.1M |
| Gross Margin | 11.3% | — |
| Operating Margin | 6.0% | 6.8% |
| Net Margin | 4.7% | 5.0% |
| Revenue YoY | 23.3% | 11.5% |
| Net Profit YoY | 602.4% | -16.2% |
| EPS (diluted) | $0.39 | $0.12 |
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 | $242.1M | ||
| Q3 25 | $177.4M | $258.5M | ||
| Q2 25 | $179.9M | $240.7M | ||
| Q1 25 | $160.7M | $219.6M | ||
| Q4 24 | $129.7M | $217.2M | ||
| Q3 24 | $134.3M | $241.7M | ||
| Q2 24 | $145.8M | $224.9M | ||
| Q1 24 | $127.4M | $211.2M |
| Q4 25 | $7.6M | $12.1M | ||
| Q3 25 | $14.6M | $24.3M | ||
| Q2 25 | $15.2M | $19.9M | ||
| Q1 25 | $10.2M | $15.3M | ||
| Q4 24 | $1.1M | $14.4M | ||
| Q3 24 | $4.7M | $21.6M | ||
| Q2 24 | $6.6M | $15.8M | ||
| Q1 24 | $6.9M | $21.2M |
| 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% | 6.8% | ||
| Q3 25 | 10.8% | 10.2% | ||
| Q2 25 | 11.0% | 9.2% | ||
| Q1 25 | 8.3% | 7.7% | ||
| Q4 24 | 1.1% | 7.9% | ||
| Q3 24 | 4.5% | 10.3% | ||
| Q2 24 | 6.0% | 8.4% | ||
| Q1 24 | 7.0% | 8.0% |
| Q4 25 | 4.7% | 5.0% | ||
| Q3 25 | 8.2% | 9.4% | ||
| Q2 25 | 8.4% | 8.3% | ||
| Q1 25 | 6.4% | 7.0% | ||
| Q4 24 | 0.8% | 6.6% | ||
| Q3 24 | 3.5% | 8.9% | ||
| Q2 24 | 4.5% | 7.0% | ||
| Q1 24 | 5.4% | 10.0% |
| Q4 25 | $0.39 | $0.12 | ||
| Q3 25 | $0.74 | $0.23 | ||
| Q2 25 | $0.78 | $0.19 | ||
| Q1 25 | $0.52 | $0.15 | ||
| Q4 24 | $0.06 | $0.13 | ||
| Q3 24 | $0.24 | $0.20 | ||
| Q2 24 | $0.34 | $0.15 | ||
| 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 | $16.3M |
| Total DebtLower is stronger | — | $84.0M |
| Stockholders' EquityBook value | $358.8M | $542.6M |
| Total Assets | $456.1M | $707.1M |
| Debt / EquityLower = less leverage | — | 0.15× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $15.6M | $16.3M | ||
| Q3 25 | $38.6M | $29.6M | ||
| Q2 25 | $53.7M | $35.0M | ||
| Q1 25 | $28.4M | $22.6M | ||
| Q4 24 | $36.0M | $57.4M | ||
| Q3 24 | $111.5M | $48.8M | ||
| Q2 24 | $97.7M | $62.5M | ||
| Q1 24 | $83.9M | $65.4M |
| Q4 25 | — | $84.0M | ||
| Q3 25 | — | $85.2M | ||
| Q2 25 | — | $96.2M | ||
| Q1 25 | — | $97.4M | ||
| Q4 24 | — | $98.6M | ||
| Q3 24 | — | $98.7M | ||
| Q2 24 | — | $123.8M | ||
| Q1 24 | — | $138.6M |
| Q4 25 | $358.8M | $542.6M | ||
| Q3 25 | $371.5M | $552.8M | ||
| Q2 25 | $356.2M | $548.3M | ||
| Q1 25 | $341.4M | $530.6M | ||
| Q4 24 | $331.6M | $554.5M | ||
| Q3 24 | $350.9M | $540.1M | ||
| Q2 24 | $346.0M | $532.7M | ||
| Q1 24 | $340.6M | $515.5M |
| Q4 25 | $456.1M | $707.1M | ||
| Q3 25 | $462.6M | $732.6M | ||
| Q2 25 | $471.9M | $731.8M | ||
| Q1 25 | $421.9M | $708.7M | ||
| Q4 24 | $404.7M | $746.4M | ||
| Q3 24 | $422.6M | $734.0M | ||
| Q2 24 | $414.6M | $756.8M | ||
| Q1 24 | $397.2M | $763.6M |
| Q4 25 | — | 0.15× | ||
| Q3 25 | — | 0.15× | ||
| Q2 25 | — | 0.18× | ||
| Q1 25 | — | 0.18× | ||
| Q4 24 | — | 0.18× | ||
| Q3 24 | — | 0.18× | ||
| Q2 24 | — | 0.23× | ||
| Q1 24 | — | 0.27× |
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 | $20.0M |
| Free Cash FlowOCF − Capex | $-2.2M | $14.9M |
| FCF MarginFCF / Revenue | -1.4% | 6.2% |
| Capex IntensityCapex / Revenue | 0.9% | 2.1% |
| Cash ConversionOCF / Net Profit | -0.09× | 1.65× |
| TTM Free Cash FlowTrailing 4 quarters | $439.0K | $68.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-701.0K | $20.0M | ||
| Q3 25 | $-17.0M | $33.2M | ||
| Q2 25 | $28.5M | $20.3M | ||
| Q1 25 | $-3.3M | $10.1M | ||
| Q4 24 | $19.0M | $16.6M | ||
| Q3 24 | $16.2M | $28.6M | ||
| Q2 24 | $18.8M | $18.7M | ||
| Q1 24 | $1.4M | $15.0M |
| Q4 25 | $-2.2M | $14.9M | ||
| Q3 25 | $-18.7M | $27.6M | ||
| Q2 25 | $26.9M | $17.6M | ||
| Q1 25 | $-5.5M | $8.4M | ||
| Q4 24 | $16.3M | $13.2M | ||
| Q3 24 | $14.5M | $27.5M | ||
| Q2 24 | $15.5M | $17.6M | ||
| Q1 24 | $-580.0K | $13.7M |
| Q4 25 | -1.4% | 6.2% | ||
| Q3 25 | -10.6% | 10.7% | ||
| Q2 25 | 15.0% | 7.3% | ||
| Q1 25 | -3.5% | 3.8% | ||
| Q4 24 | 12.6% | 6.1% | ||
| Q3 24 | 10.8% | 11.4% | ||
| Q2 24 | 10.7% | 7.8% | ||
| Q1 24 | -0.5% | 6.5% |
| Q4 25 | 0.9% | 2.1% | ||
| Q3 25 | 1.0% | 2.2% | ||
| Q2 25 | 0.9% | 1.1% | ||
| Q1 25 | 1.4% | 0.8% | ||
| Q4 24 | 2.1% | 1.5% | ||
| Q3 24 | 1.3% | 0.5% | ||
| Q2 24 | 2.2% | 0.5% | ||
| Q1 24 | 1.5% | 0.6% |
| Q4 25 | -0.09× | 1.65× | ||
| Q3 25 | -1.17× | 1.36× | ||
| Q2 25 | 1.88× | 1.02× | ||
| Q1 25 | -0.32× | 0.66× | ||
| Q4 24 | 17.56× | 1.15× | ||
| Q3 24 | 3.48× | 1.33× | ||
| Q2 24 | 2.86× | 1.19× | ||
| Q1 24 | 0.20× | 0.71× |
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% |
OSW
| Services | $197.3M | 82% |
| Products | $44.8M | 18% |
