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Side-by-side financial comparison of INSTEEL INDUSTRIES INC (IIIN) and BRC Group Holdings, Inc. (RILY). Click either name above to swap in a different company.
BRC Group Holdings, Inc. is the larger business by last-quarter revenue ($188.3M vs $159.9M, roughly 1.2× INSTEEL INDUSTRIES INC). BRC Group Holdings, Inc. runs the higher net margin — 47.9% vs 4.7%, a 43.2% gap on every dollar of revenue. On growth, INSTEEL INDUSTRIES INC posted the faster year-over-year revenue change (23.3% vs -21.9%). Over the past eight quarters, INSTEEL INDUSTRIES INC's revenue compounded faster (12.0% CAGR vs -15.4%).
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 RILY — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $159.9M | $188.3M |
| Net Profit | $7.6M | $90.3M |
| Gross Margin | 11.3% | 79.5% |
| Operating Margin | 6.0% | 32.3% |
| Net Margin | 4.7% | 47.9% |
| Revenue YoY | 23.3% | -21.9% |
| Net Profit YoY | 602.4% | 1710.8% |
| EPS (diluted) | $0.39 | $2.78 |
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 | $188.3M | ||
| Q3 25 | $177.4M | $215.3M | ||
| Q2 25 | $179.9M | $188.2M | ||
| Q1 25 | $160.7M | $197.2M | ||
| Q4 24 | $129.7M | $241.0M | ||
| Q3 24 | $134.3M | $225.5M | ||
| Q2 24 | $145.8M | $256.0M | ||
| Q1 24 | $127.4M | $263.4M |
| Q4 25 | $7.6M | $90.3M | ||
| Q3 25 | $14.6M | $91.1M | ||
| Q2 25 | $15.2M | $139.5M | ||
| Q1 25 | $10.2M | $-10.0M | ||
| Q4 24 | $1.1M | $-5.6M | ||
| Q3 24 | $4.7M | $-284.4M | ||
| Q2 24 | $6.6M | $-433.6M | ||
| Q1 24 | $6.9M | $-49.2M |
| Q4 25 | 11.3% | 79.5% | ||
| Q3 25 | 16.1% | 83.7% | ||
| Q2 25 | 17.1% | 81.3% | ||
| Q1 25 | 15.3% | 81.4% | ||
| Q4 24 | 7.3% | 79.8% | ||
| Q3 24 | 9.1% | 82.1% | ||
| Q2 24 | 10.6% | 84.5% | ||
| Q1 24 | 12.3% | 85.3% |
| Q4 25 | 6.0% | 32.3% | ||
| Q3 25 | 10.8% | 30.4% | ||
| Q2 25 | 11.0% | 5.7% | ||
| Q1 25 | 8.3% | -31.2% | ||
| Q4 24 | 1.1% | -69.2% | ||
| Q3 24 | 4.5% | -36.4% | ||
| Q2 24 | 6.0% | -90.8% | ||
| Q1 24 | 7.0% | -6.1% |
| Q4 25 | 4.7% | 47.9% | ||
| Q3 25 | 8.2% | 42.3% | ||
| Q2 25 | 8.4% | 74.1% | ||
| Q1 25 | 6.4% | -5.1% | ||
| Q4 24 | 0.8% | -2.3% | ||
| Q3 24 | 3.5% | -126.1% | ||
| Q2 24 | 4.5% | -169.4% | ||
| Q1 24 | 5.4% | -18.7% |
| Q4 25 | $0.39 | $2.78 | ||
| Q3 25 | $0.74 | $2.91 | ||
| Q2 25 | $0.78 | $4.50 | ||
| Q1 25 | $0.52 | $-0.39 | ||
| Q4 24 | $0.06 | $-0.01 | ||
| Q3 24 | $0.24 | $-9.39 | ||
| Q2 24 | $0.34 | $-14.35 | ||
| Q1 24 | $0.35 | $-1.71 |
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 | $226.6M |
| Total DebtLower is stronger | — | $1.4B |
| Stockholders' EquityBook value | $358.8M | $-171.5M |
| Total Assets | $456.1M | $1.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $15.6M | $226.6M | ||
| Q3 25 | $38.6M | $184.2M | ||
| Q2 25 | $53.7M | $267.4M | ||
| Q1 25 | $28.4M | $138.3M | ||
| Q4 24 | $36.0M | $146.9M | ||
| Q3 24 | $111.5M | $159.2M | ||
| Q2 24 | $97.7M | $236.9M | ||
| Q1 24 | $83.9M | $190.7M |
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | — | $1.3B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $358.8M | $-171.5M | ||
| Q3 25 | $371.5M | $-260.5M | ||
| Q2 25 | $356.2M | $-351.7M | ||
| Q1 25 | $341.4M | $-496.8M | ||
| Q4 24 | $331.6M | $-488.2M | ||
| Q3 24 | $350.9M | $-497.6M | ||
| Q2 24 | $346.0M | $-218.3M | ||
| Q1 24 | $340.6M | $228.4M |
| Q4 25 | $456.1M | $1.7B | ||
| Q3 25 | $462.6M | $1.7B | ||
| Q2 25 | $471.9M | $1.5B | ||
| Q1 25 | $421.9M | $1.5B | ||
| Q4 24 | $404.7M | $1.8B | ||
| Q3 24 | $422.6M | $2.2B | ||
| Q2 24 | $414.6M | $3.2B | ||
| Q1 24 | $397.2M | $5.0B |
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 | $26.2M |
| Free Cash FlowOCF − Capex | $-2.2M | — |
| FCF MarginFCF / Revenue | -1.4% | — |
| Capex IntensityCapex / Revenue | 0.9% | — |
| Cash ConversionOCF / Net Profit | -0.09× | 0.29× |
| TTM Free Cash FlowTrailing 4 quarters | $439.0K | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-701.0K | $26.2M | ||
| Q3 25 | $-17.0M | $-60.6M | ||
| Q2 25 | $28.5M | $-25.6M | ||
| Q1 25 | $-3.3M | $184.0K | ||
| Q4 24 | $19.0M | $-2.7M | ||
| Q3 24 | $16.2M | $19.5M | ||
| Q2 24 | $18.8M | $111.5M | ||
| Q1 24 | $1.4M | $135.4M |
| Q4 25 | $-2.2M | — | ||
| Q3 25 | $-18.7M | — | ||
| Q2 25 | $26.9M | — | ||
| Q1 25 | $-5.5M | — | ||
| Q4 24 | $16.3M | — | ||
| Q3 24 | $14.5M | — | ||
| Q2 24 | $15.5M | — | ||
| Q1 24 | $-580.0K | — |
| Q4 25 | -1.4% | — | ||
| Q3 25 | -10.6% | — | ||
| Q2 25 | 15.0% | — | ||
| Q1 25 | -3.5% | — | ||
| Q4 24 | 12.6% | — | ||
| Q3 24 | 10.8% | — | ||
| Q2 24 | 10.7% | — | ||
| Q1 24 | -0.5% | — |
| Q4 25 | 0.9% | — | ||
| Q3 25 | 1.0% | — | ||
| Q2 25 | 0.9% | — | ||
| Q1 25 | 1.4% | — | ||
| Q4 24 | 2.1% | — | ||
| Q3 24 | 1.3% | — | ||
| Q2 24 | 2.2% | — | ||
| Q1 24 | 1.5% | — |
| Q4 25 | -0.09× | 0.29× | ||
| Q3 25 | -1.17× | -0.66× | ||
| Q2 25 | 1.88× | -0.18× | ||
| 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% |
RILY
| Transferred At Point In Time | $101.4M | 54% |
| Wealth Management Segment | $30.7M | 16% |
| Corporate Finance Consulting And Investment Banking Fees | $27.1M | 14% |
| Services And Fees | $24.8M | 13% |
| Commissions Fees And Reimbursed Expenses | $4.8M | 3% |
