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Side-by-side financial comparison of INSTEEL INDUSTRIES INC (IIIN) and RADIANT LOGISTICS, INC (RLGT). Click either name above to swap in a different company.
RADIANT LOGISTICS, INC is the larger business by last-quarter revenue ($232.1M vs $159.9M, roughly 1.5× INSTEEL INDUSTRIES INC). INSTEEL INDUSTRIES INC runs the higher net margin — 4.7% vs 2.3%, a 2.5% gap on every dollar of revenue. On growth, INSTEEL INDUSTRIES INC posted the faster year-over-year revenue change (23.3% vs -12.3%). RADIANT LOGISTICS, INC produced more free cash flow last quarter ($11.6M vs $-2.2M). Over the past eight quarters, RADIANT LOGISTICS, INC's revenue compounded faster (12.1% 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.
Radiant Logistics, Inc. is a leading third-party logistics provider offering end-to-end supply chain solutions, domestic and international freight forwarding, warehousing, and last-mile delivery services. It primarily serves North American markets, with key client segments including retail, manufacturing, e-commerce, and industrial sectors, helping businesses optimize logistics workflows and cut operational costs.
IIIN vs RLGT — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $159.9M | $232.1M |
| Net Profit | $7.6M | $5.3M |
| Gross Margin | 11.3% | — |
| Operating Margin | 6.0% | 3.2% |
| Net Margin | 4.7% | 2.3% |
| Revenue YoY | 23.3% | -12.3% |
| Net Profit YoY | 602.4% | -18.0% |
| EPS (diluted) | $0.39 | $0.11 |
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 | $232.1M | ||
| Q3 25 | $177.4M | $226.7M | ||
| Q2 25 | $179.9M | $220.6M | ||
| Q1 25 | $160.7M | $214.0M | ||
| Q4 24 | $129.7M | $264.5M | ||
| Q3 24 | $134.3M | $203.6M | ||
| Q2 24 | $145.8M | $206.0M | ||
| Q1 24 | $127.4M | $184.6M |
| Q4 25 | $7.6M | $5.3M | ||
| Q3 25 | $14.6M | $1.3M | ||
| Q2 25 | $15.2M | $4.9M | ||
| Q1 25 | $10.2M | $2.5M | ||
| Q4 24 | $1.1M | $6.5M | ||
| Q3 24 | $4.7M | $3.4M | ||
| Q2 24 | $6.6M | $4.8M | ||
| Q1 24 | $6.9M | $-703.0K |
| 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% | 3.2% | ||
| Q3 25 | 10.8% | 0.9% | ||
| Q2 25 | 11.0% | 2.4% | ||
| Q1 25 | 8.3% | 1.6% | ||
| Q4 24 | 1.1% | 3.3% | ||
| Q3 24 | 4.5% | 1.9% | ||
| Q2 24 | 6.0% | 2.4% | ||
| Q1 24 | 7.0% | -0.5% |
| Q4 25 | 4.7% | 2.3% | ||
| Q3 25 | 8.2% | 0.6% | ||
| Q2 25 | 8.4% | 2.2% | ||
| Q1 25 | 6.4% | 1.2% | ||
| Q4 24 | 0.8% | 2.4% | ||
| Q3 24 | 3.5% | 1.7% | ||
| Q2 24 | 4.5% | 2.3% | ||
| Q1 24 | 5.4% | -0.4% |
| Q4 25 | $0.39 | $0.11 | ||
| Q3 25 | $0.74 | $0.03 | ||
| Q2 25 | $0.78 | $0.10 | ||
| Q1 25 | $0.52 | $0.05 | ||
| Q4 24 | $0.06 | $0.13 | ||
| Q3 24 | $0.24 | $0.07 | ||
| Q2 24 | $0.34 | $0.11 | ||
| Q1 24 | $0.35 | $-0.02 |
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 | $31.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $358.8M | $229.8M |
| Total Assets | $456.1M | $439.4M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $15.6M | $31.9M | ||
| Q3 25 | $38.6M | $28.1M | ||
| Q2 25 | $53.7M | $22.9M | ||
| Q1 25 | $28.4M | $19.0M | ||
| Q4 24 | $36.0M | $19.9M | ||
| Q3 24 | $111.5M | $10.4M | ||
| Q2 24 | $97.7M | $24.9M | ||
| Q1 24 | $83.9M | $31.2M |
| Q4 25 | $358.8M | $229.8M | ||
| Q3 25 | $371.5M | $225.7M | ||
| Q2 25 | $356.2M | $226.0M | ||
| Q1 25 | $341.4M | $218.2M | ||
| Q4 24 | $331.6M | $214.4M | ||
| Q3 24 | $350.9M | $212.4M | ||
| Q2 24 | $346.0M | $209.4M | ||
| Q1 24 | $340.6M | $206.0M |
| Q4 25 | $456.1M | $439.4M | ||
| Q3 25 | $462.6M | $445.3M | ||
| Q2 25 | $471.9M | $426.8M | ||
| Q1 25 | $421.9M | $414.5M | ||
| Q4 24 | $404.7M | $386.8M | ||
| Q3 24 | $422.6M | $375.3M | ||
| Q2 24 | $414.6M | $371.2M | ||
| Q1 24 | $397.2M | $364.0M |
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 | $12.4M |
| Free Cash FlowOCF − Capex | $-2.2M | $11.6M |
| FCF MarginFCF / Revenue | -1.4% | 5.0% |
| Capex IntensityCapex / Revenue | 0.9% | 0.3% |
| Cash ConversionOCF / Net Profit | -0.09× | 2.33× |
| TTM Free Cash FlowTrailing 4 quarters | $439.0K | $8.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-701.0K | $12.4M | ||
| Q3 25 | $-17.0M | $2.5M | ||
| Q2 25 | $28.5M | $3.1M | ||
| Q1 25 | $-3.3M | $-5.7M | ||
| Q4 24 | $19.0M | $15.7M | ||
| Q3 24 | $16.2M | $205.0K | ||
| Q2 24 | $18.8M | $1.3M | ||
| Q1 24 | $1.4M | $3.9M |
| Q4 25 | $-2.2M | $11.6M | ||
| Q3 25 | $-18.7M | $977.0K | ||
| Q2 25 | $26.9M | $2.2M | ||
| Q1 25 | $-5.5M | $-6.4M | ||
| Q4 24 | $16.3M | $14.1M | ||
| Q3 24 | $14.5M | $-1.9M | ||
| Q2 24 | $15.5M | $-185.0K | ||
| Q1 24 | $-580.0K | $1.8M |
| Q4 25 | -1.4% | 5.0% | ||
| Q3 25 | -10.6% | 0.4% | ||
| Q2 25 | 15.0% | 1.0% | ||
| Q1 25 | -3.5% | -3.0% | ||
| Q4 24 | 12.6% | 5.3% | ||
| Q3 24 | 10.8% | -0.9% | ||
| Q2 24 | 10.7% | -0.1% | ||
| Q1 24 | -0.5% | 1.0% |
| Q4 25 | 0.9% | 0.3% | ||
| Q3 25 | 1.0% | 0.7% | ||
| Q2 25 | 0.9% | 0.4% | ||
| Q1 25 | 1.4% | 0.3% | ||
| Q4 24 | 2.1% | 0.6% | ||
| Q3 24 | 1.3% | 1.0% | ||
| Q2 24 | 2.2% | 0.7% | ||
| Q1 24 | 1.5% | 1.2% |
| Q4 25 | -0.09× | 2.33× | ||
| Q3 25 | -1.17× | 1.90× | ||
| Q2 25 | 1.88× | 0.63× | ||
| Q1 25 | -0.32× | -2.26× | ||
| Q4 24 | 17.56× | 2.43× | ||
| Q3 24 | 3.48× | 0.06× | ||
| Q2 24 | 2.86× | 0.26× | ||
| 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% |
RLGT
| Transferred Over Time | $201.2M | 87% |
| Other | $25.0M | 11% |
| Value Added Services | $4.2M | 2% |
| Transferred At Point In Time | $1.8M | 1% |
