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Side-by-side financial comparison of INSTEEL INDUSTRIES INC (IIIN) and PROCEPT BioRobotics Corp (PRCT). Click either name above to swap in a different company.
INSTEEL INDUSTRIES INC is the larger business by last-quarter revenue ($159.9M vs $83.1M, roughly 1.9× PROCEPT BioRobotics Corp). INSTEEL INDUSTRIES INC runs the higher net margin — 4.7% vs -38.1%, a 42.8% gap on every dollar of revenue. On growth, INSTEEL INDUSTRIES INC posted the faster year-over-year revenue change (23.3% vs 20.2%). Over the past eight quarters, PROCEPT BioRobotics Corp's revenue compounded faster (24.8% CAGR vs 12.0%).
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.
PROCEPT BioRobotics Corp is a medical tech firm developing and commercializing robotic surgical solutions for urological care. Its flagship AquaBeam system provides image-guided minimally invasive therapy for benign prostatic hyperplasia, serving providers and patients across North America, Europe and global markets.
IIIN vs PRCT — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $159.9M | $83.1M |
| Net Profit | $7.6M | $-31.6M |
| Gross Margin | 11.3% | 64.9% |
| Operating Margin | 6.0% | -4.1% |
| Net Margin | 4.7% | -38.1% |
| Revenue YoY | 23.3% | 20.2% |
| Net Profit YoY | 602.4% | -27.9% |
| EPS (diluted) | $0.39 | $-0.56 |
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 | — | $83.1M | ||
| Q4 25 | $159.9M | $76.4M | ||
| Q3 25 | $177.4M | $83.3M | ||
| Q2 25 | $179.9M | $79.2M | ||
| Q1 25 | $160.7M | $69.2M | ||
| Q4 24 | $129.7M | $68.2M | ||
| Q3 24 | $134.3M | $58.4M | ||
| Q2 24 | $145.8M | $53.4M |
| Q1 26 | — | $-31.6M | ||
| Q4 25 | $7.6M | $-29.8M | ||
| Q3 25 | $14.6M | $-21.4M | ||
| Q2 25 | $15.2M | $-19.6M | ||
| Q1 25 | $10.2M | $-24.7M | ||
| Q4 24 | $1.1M | $-18.9M | ||
| Q3 24 | $4.7M | $-21.0M | ||
| Q2 24 | $6.6M | $-25.6M |
| Q1 26 | — | 64.9% | ||
| Q4 25 | 11.3% | 60.6% | ||
| Q3 25 | 16.1% | 64.8% | ||
| Q2 25 | 17.1% | 65.4% | ||
| Q1 25 | 15.3% | 63.9% | ||
| Q4 24 | 7.3% | 64.0% | ||
| Q3 24 | 9.1% | 63.2% | ||
| Q2 24 | 10.6% | 59.0% |
| Q1 26 | — | -4.1% | ||
| Q4 25 | 6.0% | -40.6% | ||
| Q3 25 | 10.8% | -27.8% | ||
| Q2 25 | 11.0% | -28.0% | ||
| Q1 25 | 8.3% | -39.7% | ||
| Q4 24 | 1.1% | -28.9% | ||
| Q3 24 | 4.5% | -38.4% | ||
| Q2 24 | 6.0% | -50.3% |
| Q1 26 | — | -38.1% | ||
| Q4 25 | 4.7% | -39.1% | ||
| Q3 25 | 8.2% | -25.7% | ||
| Q2 25 | 8.4% | -24.7% | ||
| Q1 25 | 6.4% | -35.8% | ||
| Q4 24 | 0.8% | -27.6% | ||
| Q3 24 | 3.5% | -35.9% | ||
| Q2 24 | 4.5% | -48.0% |
| Q1 26 | — | $-0.56 | ||
| Q4 25 | $0.39 | $-0.54 | ||
| Q3 25 | $0.74 | $-0.38 | ||
| Q2 25 | $0.78 | $-0.35 | ||
| Q1 25 | $0.52 | $-0.45 | ||
| Q4 24 | $0.06 | $-0.34 | ||
| Q3 24 | $0.24 | $-0.40 | ||
| Q2 24 | $0.34 | $-0.50 |
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 | $245.6M |
| Total DebtLower is stronger | — | $51.7M |
| Stockholders' EquityBook value | $358.8M | $347.7M |
| Total Assets | $456.1M | $487.1M |
| Debt / EquityLower = less leverage | — | 0.15× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $245.6M | ||
| Q4 25 | $15.6M | $286.5M | ||
| Q3 25 | $38.6M | $294.3M | ||
| Q2 25 | $53.7M | $302.7M | ||
| Q1 25 | $28.4M | $316.2M | ||
| Q4 24 | $36.0M | $333.7M | ||
| Q3 24 | $111.5M | $196.8M | ||
| Q2 24 | $97.7M | $214.1M |
| Q1 26 | — | $51.7M | ||
| Q4 25 | — | $51.6M | ||
| Q3 25 | — | $51.6M | ||
| Q2 25 | — | $51.5M | ||
| Q1 25 | — | $51.5M | ||
| Q4 24 | — | $51.5M | ||
| Q3 24 | — | $51.4M | ||
| Q2 24 | — | $51.4M |
| Q1 26 | — | $347.7M | ||
| Q4 25 | $358.8M | $365.9M | ||
| Q3 25 | $371.5M | $380.3M | ||
| Q2 25 | $356.2M | $385.8M | ||
| Q1 25 | $341.4M | $389.2M | ||
| Q4 24 | $331.6M | $402.2M | ||
| Q3 24 | $350.9M | $241.2M | ||
| Q2 24 | $346.0M | $251.8M |
| Q1 26 | — | $487.1M | ||
| Q4 25 | $456.1M | $508.1M | ||
| Q3 25 | $462.6M | $511.5M | ||
| Q2 25 | $471.9M | $513.1M | ||
| Q1 25 | $421.9M | $519.4M | ||
| Q4 24 | $404.7M | $534.0M | ||
| Q3 24 | $422.6M | $374.1M | ||
| Q2 24 | $414.6M | $374.4M |
| Q1 26 | — | 0.15× | ||
| Q4 25 | — | 0.14× | ||
| Q3 25 | — | 0.14× | ||
| Q2 25 | — | 0.13× | ||
| Q1 25 | — | 0.13× | ||
| Q4 24 | — | 0.13× | ||
| Q3 24 | — | 0.21× | ||
| Q2 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 | — |
| Free Cash FlowOCF − Capex | $-2.2M | — |
| FCF MarginFCF / Revenue | -1.4% | — |
| Capex IntensityCapex / Revenue | 0.9% | — |
| Cash ConversionOCF / Net Profit | -0.09× | — |
| TTM Free Cash FlowTrailing 4 quarters | $439.0K | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-701.0K | $-10.3M | ||
| Q3 25 | $-17.0M | $-6.6M | ||
| Q2 25 | $28.5M | $-15.0M | ||
| Q1 25 | $-3.3M | $-17.0M | ||
| Q4 24 | $19.0M | $-32.4M | ||
| Q3 24 | $16.2M | $-18.8M | ||
| Q2 24 | $18.8M | $-15.7M |
| Q1 26 | — | — | ||
| Q4 25 | $-2.2M | $-12.2M | ||
| Q3 25 | $-18.7M | $-9.5M | ||
| Q2 25 | $26.9M | $-17.8M | ||
| Q1 25 | $-5.5M | $-18.8M | ||
| Q4 24 | $16.3M | $-33.6M | ||
| Q3 24 | $14.5M | $-19.0M | ||
| Q2 24 | $15.5M | $-16.8M |
| Q1 26 | — | — | ||
| Q4 25 | -1.4% | -15.9% | ||
| Q3 25 | -10.6% | -11.4% | ||
| Q2 25 | 15.0% | -22.5% | ||
| Q1 25 | -3.5% | -27.2% | ||
| Q4 24 | 12.6% | -49.2% | ||
| Q3 24 | 10.8% | -32.6% | ||
| Q2 24 | 10.7% | -31.4% |
| Q1 26 | — | — | ||
| Q4 25 | 0.9% | 2.4% | ||
| Q3 25 | 1.0% | 3.4% | ||
| Q2 25 | 0.9% | 3.5% | ||
| Q1 25 | 1.4% | 2.7% | ||
| Q4 24 | 2.1% | 1.7% | ||
| Q3 24 | 1.3% | 0.4% | ||
| Q2 24 | 2.2% | 2.0% |
| Q1 26 | — | — | ||
| Q4 25 | -0.09× | — | ||
| Q3 25 | -1.17× | — | ||
| Q2 25 | 1.88× | — | ||
| Q1 25 | -0.32× | — | ||
| Q4 24 | 17.56× | — | ||
| Q3 24 | 3.48× | — | ||
| Q2 24 | 2.86× | — |
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% |
PRCT
| Handpieces and other consumables | $43.0M | 52% |
| System sales and rentals | $23.4M | 28% |
| Other | $11.1M | 13% |
| Service | $5.6M | 7% |