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Side-by-side financial comparison of INSTEEL INDUSTRIES INC (IIIN) and PagerDuty, Inc. (PD). Click either name above to swap in a different company.
INSTEEL INDUSTRIES INC is the larger business by last-quarter revenue ($159.9M vs $124.5M, roughly 1.3× PagerDuty, Inc.). PagerDuty, Inc. runs the higher net margin — 129.7% vs 4.7%, a 125.0% gap on every dollar of revenue. On growth, INSTEEL INDUSTRIES INC posted the faster year-over-year revenue change (23.3% vs 4.7%). PagerDuty, Inc. produced more free cash flow last quarter ($24.1M vs $-2.2M). Over the past eight quarters, INSTEEL INDUSTRIES INC's revenue compounded faster (12.0% CAGR vs 5.9%).
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.
PagerDuty, Inc. is an American cloud computing company specializing in a SaaS incident management platform for IT operations departments.
IIIN vs PD — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $159.9M | $124.5M |
| Net Profit | $7.6M | $161.6M |
| Gross Margin | 11.3% | 85.3% |
| Operating Margin | 6.0% | 6.5% |
| Net Margin | 4.7% | 129.7% |
| Revenue YoY | 23.3% | 4.7% |
| Net Profit YoY | 602.4% | 2827.7% |
| EPS (diluted) | $0.39 | $1.69 |
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 | $124.5M | ||
| Q3 25 | $177.4M | $123.4M | ||
| Q2 25 | $179.9M | $119.8M | ||
| Q1 25 | $160.7M | $121.4M | ||
| Q4 24 | $129.7M | $118.9M | ||
| Q3 24 | $134.3M | $115.9M | ||
| Q2 24 | $145.8M | $111.2M | ||
| Q1 24 | $127.4M | $111.1M |
| Q4 25 | $7.6M | $161.6M | ||
| Q3 25 | $14.6M | $9.6M | ||
| Q2 25 | $15.2M | $-7.2M | ||
| Q1 25 | $10.2M | $-8.8M | ||
| Q4 24 | $1.1M | $-5.9M | ||
| Q3 24 | $4.7M | $-10.9M | ||
| Q2 24 | $6.6M | $-17.1M | ||
| Q1 24 | $6.9M | $-28.2M |
| Q4 25 | 11.3% | 85.3% | ||
| Q3 25 | 16.1% | 84.6% | ||
| Q2 25 | 17.1% | 84.0% | ||
| Q1 25 | 15.3% | 83.6% | ||
| Q4 24 | 7.3% | 83.0% | ||
| Q3 24 | 9.1% | 82.7% | ||
| Q2 24 | 10.6% | 82.6% | ||
| Q1 24 | 12.3% | 81.7% |
| Q4 25 | 6.0% | 6.5% | ||
| Q3 25 | 10.8% | 2.9% | ||
| Q2 25 | 11.0% | -8.6% | ||
| Q1 25 | 8.3% | -9.6% | ||
| Q4 24 | 1.1% | -8.7% | ||
| Q3 24 | 4.5% | -13.8% | ||
| Q2 24 | 6.0% | -19.5% | ||
| Q1 24 | 7.0% | -30.1% |
| Q4 25 | 4.7% | 129.7% | ||
| Q3 25 | 8.2% | 7.8% | ||
| Q2 25 | 8.4% | -6.0% | ||
| Q1 25 | 6.4% | -7.2% | ||
| Q4 24 | 0.8% | -5.0% | ||
| Q3 24 | 3.5% | -9.4% | ||
| Q2 24 | 4.5% | -15.4% | ||
| Q1 24 | 5.4% | -25.3% |
| Q4 25 | $0.39 | $1.69 | ||
| Q3 25 | $0.74 | $0.10 | ||
| Q2 25 | $0.78 | $-0.07 | ||
| Q1 25 | $0.52 | $-0.12 | ||
| Q4 24 | $0.06 | $-0.07 | ||
| Q3 24 | $0.24 | $-0.14 | ||
| Q2 24 | $0.34 | $-0.26 | ||
| Q1 24 | $0.35 | $-0.34 |
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 | $547.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $358.8M | $320.5M |
| Total Assets | $456.1M | $1.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $15.6M | $547.8M | ||
| Q3 25 | $38.6M | $567.9M | ||
| Q2 25 | $53.7M | $597.1M | ||
| Q1 25 | $28.4M | $570.8M | ||
| Q4 24 | $36.0M | $542.2M | ||
| Q3 24 | $111.5M | $599.3M | ||
| Q2 24 | $97.7M | $592.8M | ||
| Q1 24 | $83.9M | $571.2M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $484.5M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $489.5M |
| Q4 25 | $358.8M | $320.5M | ||
| Q3 25 | $371.5M | $180.7M | ||
| Q2 25 | $356.2M | $145.7M | ||
| Q1 25 | $341.4M | $129.8M | ||
| Q4 24 | $331.6M | $111.6M | ||
| Q3 24 | $350.9M | $164.7M | ||
| Q2 24 | $346.0M | $174.0M | ||
| Q1 24 | $340.6M | $171.6M |
| Q4 25 | $456.1M | $1.0B | ||
| Q3 25 | $462.6M | $891.5M | ||
| Q2 25 | $471.9M | $926.8M | ||
| Q1 25 | $421.9M | $927.3M | ||
| Q4 24 | $404.7M | $866.8M | ||
| Q3 24 | $422.6M | $916.0M | ||
| Q2 24 | $414.6M | $924.0M | ||
| Q1 24 | $397.2M | $925.3M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 3.73× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 2.85× |
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 | $24.8M |
| Free Cash FlowOCF − Capex | $-2.2M | $24.1M |
| FCF MarginFCF / Revenue | -1.4% | 19.3% |
| Capex IntensityCapex / Revenue | 0.9% | 0.6% |
| Cash ConversionOCF / Net Profit | -0.09× | 0.15× |
| TTM Free Cash FlowTrailing 4 quarters | $439.0K | $117.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-701.0K | $24.8M | ||
| Q3 25 | $-17.0M | $34.0M | ||
| Q2 25 | $28.5M | $30.7M | ||
| Q1 25 | $-3.3M | $31.4M | ||
| Q4 24 | $19.0M | $22.1M | ||
| Q3 24 | $16.2M | $35.8M | ||
| Q2 24 | $18.8M | $28.6M | ||
| Q1 24 | $1.4M | $22.2M |
| Q4 25 | $-2.2M | $24.1M | ||
| Q3 25 | $-18.7M | $33.1M | ||
| Q2 25 | $26.9M | $30.2M | ||
| Q1 25 | $-5.5M | $30.3M | ||
| Q4 24 | $16.3M | $21.5M | ||
| Q3 24 | $14.5M | $35.1M | ||
| Q2 24 | $15.5M | $28.2M | ||
| Q1 24 | $-580.0K | $21.2M |
| Q4 25 | -1.4% | 19.3% | ||
| Q3 25 | -10.6% | 26.8% | ||
| Q2 25 | 15.0% | 25.2% | ||
| Q1 25 | -3.5% | 24.9% | ||
| Q4 24 | 12.6% | 18.1% | ||
| Q3 24 | 10.8% | 30.3% | ||
| Q2 24 | 10.7% | 25.4% | ||
| Q1 24 | -0.5% | 19.1% |
| Q4 25 | 0.9% | 0.6% | ||
| Q3 25 | 1.0% | 0.7% | ||
| Q2 25 | 0.9% | 0.4% | ||
| Q1 25 | 1.4% | 0.9% | ||
| Q4 24 | 2.1% | 0.5% | ||
| Q3 24 | 1.3% | 0.5% | ||
| Q2 24 | 2.2% | 0.4% | ||
| Q1 24 | 1.5% | 0.9% |
| Q4 25 | -0.09× | 0.15× | ||
| Q3 25 | -1.17× | 3.55× | ||
| Q2 25 | 1.88× | — | ||
| Q1 25 | -0.32× | — | ||
| Q4 24 | 17.56× | — | ||
| Q3 24 | 3.48× | — | ||
| Q2 24 | 2.86× | — | ||
| 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% |
PD
| US | $88.8M | 71% |
| Non Us | $35.7M | 29% |
