vs
Side-by-side financial comparison of INSTEEL INDUSTRIES INC (IIIN) and QUALYS, INC. (QLYS). Click either name above to swap in a different company.
QUALYS, INC. is the larger business by last-quarter revenue ($175.3M vs $159.9M, roughly 1.1× INSTEEL INDUSTRIES INC). QUALYS, INC. runs the higher net margin — 30.3% vs 4.7%, a 25.6% gap on every dollar of revenue. On growth, INSTEEL INDUSTRIES INC posted the faster year-over-year revenue change (23.3% vs 10.1%). QUALYS, INC. produced more free cash flow last quarter ($74.9M vs $-2.2M). Over the past eight quarters, INSTEEL INDUSTRIES INC's revenue compounded faster (12.0% CAGR vs 9.6%).
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.
Qualys, Inc. is an American technology firm based in Foster City, California, specializing in cloud security, compliance and related services.
IIIN vs QLYS — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $159.9M | $175.3M |
| Net Profit | $7.6M | $53.1M |
| Gross Margin | 11.3% | 83.4% |
| Operating Margin | 6.0% | 33.6% |
| Net Margin | 4.7% | 30.3% |
| Revenue YoY | 23.3% | 10.1% |
| Net Profit YoY | 602.4% | 20.9% |
| EPS (diluted) | $0.39 | $1.47 |
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 | $175.3M | ||
| Q3 25 | $177.4M | $169.9M | ||
| Q2 25 | $179.9M | $164.1M | ||
| Q1 25 | $160.7M | $159.9M | ||
| Q4 24 | $129.7M | $159.2M | ||
| Q3 24 | $134.3M | $153.9M | ||
| Q2 24 | $145.8M | $148.7M | ||
| Q1 24 | $127.4M | $145.8M |
| Q4 25 | $7.6M | $53.1M | ||
| Q3 25 | $14.6M | $50.3M | ||
| Q2 25 | $15.2M | $47.3M | ||
| Q1 25 | $10.2M | $47.5M | ||
| Q4 24 | $1.1M | $44.0M | ||
| Q3 24 | $4.7M | $46.2M | ||
| Q2 24 | $6.6M | $43.8M | ||
| Q1 24 | $6.9M | $39.7M |
| Q4 25 | 11.3% | 83.4% | ||
| Q3 25 | 16.1% | 83.6% | ||
| Q2 25 | 17.1% | 82.4% | ||
| Q1 25 | 15.3% | 81.9% | ||
| Q4 24 | 7.3% | 81.8% | ||
| Q3 24 | 9.1% | 81.3% | ||
| Q2 24 | 10.6% | 82.2% | ||
| Q1 24 | 12.3% | 81.3% |
| Q4 25 | 6.0% | 33.6% | ||
| Q3 25 | 10.8% | 35.3% | ||
| Q2 25 | 11.0% | 31.3% | ||
| Q1 25 | 8.3% | 32.4% | ||
| Q4 24 | 1.1% | 31.0% | ||
| Q3 24 | 4.5% | 29.2% | ||
| Q2 24 | 6.0% | 32.3% | ||
| Q1 24 | 7.0% | 30.7% |
| Q4 25 | 4.7% | 30.3% | ||
| Q3 25 | 8.2% | 29.6% | ||
| Q2 25 | 8.4% | 28.8% | ||
| Q1 25 | 6.4% | 29.7% | ||
| Q4 24 | 0.8% | 27.6% | ||
| Q3 24 | 3.5% | 30.0% | ||
| Q2 24 | 4.5% | 29.4% | ||
| Q1 24 | 5.4% | 27.2% |
| Q4 25 | $0.39 | $1.47 | ||
| Q3 25 | $0.74 | $1.39 | ||
| Q2 25 | $0.78 | $1.29 | ||
| Q1 25 | $0.52 | $1.29 | ||
| Q4 24 | $0.06 | $1.19 | ||
| Q3 24 | $0.24 | $1.24 | ||
| Q2 24 | $0.34 | $1.17 | ||
| Q1 24 | $0.35 | $1.05 |
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 | $250.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $358.8M | $561.2M |
| Total Assets | $456.1M | $1.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $15.6M | $250.3M | ||
| Q3 25 | $38.6M | $225.3M | ||
| Q2 25 | $53.7M | $194.0M | ||
| Q1 25 | $28.4M | $290.7M | ||
| Q4 24 | $36.0M | $232.2M | ||
| Q3 24 | $111.5M | $235.4M | ||
| Q2 24 | $97.7M | $281.2M | ||
| Q1 24 | $83.9M | $273.8M |
| Q4 25 | $358.8M | $561.2M | ||
| Q3 25 | $371.5M | $529.4M | ||
| Q2 25 | $356.2M | $508.2M | ||
| Q1 25 | $341.4M | $498.0M | ||
| Q4 24 | $331.6M | $477.1M | ||
| Q3 24 | $350.9M | $449.6M | ||
| Q2 24 | $346.0M | $427.8M | ||
| Q1 24 | $340.6M | $404.2M |
| Q4 25 | $456.1M | $1.1B | ||
| Q3 25 | $462.6M | $1.0B | ||
| Q2 25 | $471.9M | $999.5M | ||
| Q1 25 | $421.9M | $996.5M | ||
| Q4 24 | $404.7M | $973.5M | ||
| Q3 24 | $422.6M | $908.3M | ||
| Q2 24 | $414.6M | $876.6M | ||
| Q1 24 | $397.2M | $861.8M |
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 | $75.7M |
| Free Cash FlowOCF − Capex | $-2.2M | $74.9M |
| FCF MarginFCF / Revenue | -1.4% | 42.8% |
| Capex IntensityCapex / Revenue | 0.9% | 0.4% |
| Cash ConversionOCF / Net Profit | -0.09× | 1.42× |
| TTM Free Cash FlowTrailing 4 quarters | $439.0K | $304.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-701.0K | $75.7M | ||
| Q3 25 | $-17.0M | $90.4M | ||
| Q2 25 | $28.5M | $33.8M | ||
| Q1 25 | $-3.3M | $109.6M | ||
| Q4 24 | $19.0M | $47.7M | ||
| Q3 24 | $16.2M | $61.0M | ||
| Q2 24 | $18.8M | $49.8M | ||
| Q1 24 | $1.4M | $85.5M |
| Q4 25 | $-2.2M | $74.9M | ||
| Q3 25 | $-18.7M | $89.5M | ||
| Q2 25 | $26.9M | $32.4M | ||
| Q1 25 | $-5.5M | $107.5M | ||
| Q4 24 | $16.3M | $41.9M | ||
| Q3 24 | $14.5M | $57.6M | ||
| Q2 24 | $15.5M | $48.8M | ||
| Q1 24 | $-580.0K | $83.5M |
| Q4 25 | -1.4% | 42.8% | ||
| Q3 25 | -10.6% | 52.7% | ||
| Q2 25 | 15.0% | 19.8% | ||
| Q1 25 | -3.5% | 67.3% | ||
| Q4 24 | 12.6% | 26.3% | ||
| Q3 24 | 10.8% | 37.4% | ||
| Q2 24 | 10.7% | 32.8% | ||
| Q1 24 | -0.5% | 57.2% |
| Q4 25 | 0.9% | 0.4% | ||
| Q3 25 | 1.0% | 0.5% | ||
| Q2 25 | 0.9% | 0.8% | ||
| Q1 25 | 1.4% | 1.3% | ||
| Q4 24 | 2.1% | 3.7% | ||
| Q3 24 | 1.3% | 2.2% | ||
| Q2 24 | 2.2% | 0.7% | ||
| Q1 24 | 1.5% | 1.4% |
| Q4 25 | -0.09× | 1.42× | ||
| Q3 25 | -1.17× | 1.80× | ||
| Q2 25 | 1.88× | 0.71× | ||
| Q1 25 | -0.32× | 2.31× | ||
| Q4 24 | 17.56× | 1.09× | ||
| Q3 24 | 3.48× | 1.32× | ||
| Q2 24 | 2.86× | 1.14× | ||
| Q1 24 | 0.20× | 2.15× |
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% |
QLYS
| Sales Channel Through Intermediary | $88.6M | 51% |
| Sales Channel Directly To Consumer | $86.7M | 49% |
