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Side-by-side financial comparison of INSTEEL INDUSTRIES INC (IIIN) and SunCar Technology Group Inc. (SDA). Click either name above to swap in a different company.

INSTEEL INDUSTRIES INC is the larger business by last-quarter revenue ($159.9M vs $119.7M, roughly 1.3× SunCar Technology Group Inc.). INSTEEL INDUSTRIES INC runs the higher net margin — 4.7% vs -1.6%, a 6.3% gap on every dollar of revenue. SunCar Technology Group Inc. produced more free cash flow last quarter ($3.0K vs $-2.2M).

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.

SunCar Technology Group Inc. is a professional automotive digital service provider mainly operating in the Chinese market. It delivers connected car solutions, automotive big data services, and intelligent mobility operation support to automobile manufacturers, fleet operators, and end vehicle users, focusing on improving smart driving experience and automotive digital operation efficiency.

IIIN vs SDA — Head-to-Head

Bigger by revenue
IIIN
IIIN
1.3× larger
IIIN
$159.9M
$119.7M
SDA
Higher net margin
IIIN
IIIN
6.3% more per $
IIIN
4.7%
-1.6%
SDA
More free cash flow
SDA
SDA
$2.2M more FCF
SDA
$3.0K
$-2.2M
IIIN

Income Statement — Q1 FY2026 vs Q2 FY2025

Metric
IIIN
IIIN
SDA
SDA
Revenue
$159.9M
$119.7M
Net Profit
$7.6M
$-1.9M
Gross Margin
11.3%
Operating Margin
6.0%
1.5%
Net Margin
4.7%
-1.6%
Revenue YoY
23.3%
Net Profit YoY
602.4%
EPS (diluted)
$0.39

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.

Revenue
IIIN
IIIN
SDA
SDA
Q4 25
$159.9M
Q3 25
$177.4M
Q2 25
$179.9M
$119.7M
Q1 25
$160.7M
$102.6M
Q4 24
$129.7M
Q3 24
$134.3M
$109.6M
Q2 24
$145.8M
Q1 24
$127.4M
Net Profit
IIIN
IIIN
SDA
SDA
Q4 25
$7.6M
Q3 25
$14.6M
Q2 25
$15.2M
$-1.9M
Q1 25
$10.2M
$-3.6M
Q4 24
$1.1M
Q3 24
$4.7M
$-2.2M
Q2 24
$6.6M
Q1 24
$6.9M
Gross Margin
IIIN
IIIN
SDA
SDA
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%
Operating Margin
IIIN
IIIN
SDA
SDA
Q4 25
6.0%
Q3 25
10.8%
Q2 25
11.0%
1.5%
Q1 25
8.3%
-2.9%
Q4 24
1.1%
Q3 24
4.5%
0.2%
Q2 24
6.0%
Q1 24
7.0%
Net Margin
IIIN
IIIN
SDA
SDA
Q4 25
4.7%
Q3 25
8.2%
Q2 25
8.4%
-1.6%
Q1 25
6.4%
-3.6%
Q4 24
0.8%
Q3 24
3.5%
-2.0%
Q2 24
4.5%
Q1 24
5.4%
EPS (diluted)
IIIN
IIIN
SDA
SDA
Q4 25
$0.39
Q3 25
$0.74
Q2 25
$0.78
Q1 25
$0.52
$-0.03
Q4 24
$0.06
Q3 24
$0.24
$-0.01
Q2 24
$0.34
Q1 24
$0.35

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
IIIN
IIIN
SDA
SDA
Cash + ST InvestmentsLiquidity on hand
$15.6M
$45.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$358.8M
$29.4M
Total Assets
$456.1M
$277.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IIIN
IIIN
SDA
SDA
Q4 25
$15.6M
Q3 25
$38.6M
Q2 25
$53.7M
$45.7M
Q1 25
$28.4M
$60.5M
Q4 24
$36.0M
Q3 24
$111.5M
$42.0M
Q2 24
$97.7M
Q1 24
$83.9M
Stockholders' Equity
IIIN
IIIN
SDA
SDA
Q4 25
$358.8M
Q3 25
$371.5M
Q2 25
$356.2M
$29.4M
Q1 25
$341.4M
$34.8M
Q4 24
$331.6M
Q3 24
$350.9M
$17.7M
Q2 24
$346.0M
Q1 24
$340.6M
Total Assets
IIIN
IIIN
SDA
SDA
Q4 25
$456.1M
Q3 25
$462.6M
Q2 25
$471.9M
$277.5M
Q1 25
$421.9M
$276.7M
Q4 24
$404.7M
Q3 24
$422.6M
$252.1M
Q2 24
$414.6M
Q1 24
$397.2M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
IIIN
IIIN
SDA
SDA
Operating Cash FlowLast quarter
$-701.0K
$9.0K
Free Cash FlowOCF − Capex
$-2.2M
$3.0K
FCF MarginFCF / Revenue
-1.4%
0.0%
Capex IntensityCapex / Revenue
0.9%
0.0%
Cash ConversionOCF / Net Profit
-0.09×
TTM Free Cash FlowTrailing 4 quarters
$439.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IIIN
IIIN
SDA
SDA
Q4 25
$-701.0K
Q3 25
$-17.0M
Q2 25
$28.5M
$9.0K
Q1 25
$-3.3M
$-9.3M
Q4 24
$19.0M
Q3 24
$16.2M
$3.8M
Q2 24
$18.8M
Q1 24
$1.4M
Free Cash Flow
IIIN
IIIN
SDA
SDA
Q4 25
$-2.2M
Q3 25
$-18.7M
Q2 25
$26.9M
$3.0K
Q1 25
$-5.5M
$-9.3M
Q4 24
$16.3M
Q3 24
$14.5M
$3.5M
Q2 24
$15.5M
Q1 24
$-580.0K
FCF Margin
IIIN
IIIN
SDA
SDA
Q4 25
-1.4%
Q3 25
-10.6%
Q2 25
15.0%
0.0%
Q1 25
-3.5%
-9.0%
Q4 24
12.6%
Q3 24
10.8%
3.2%
Q2 24
10.7%
Q1 24
-0.5%
Capex Intensity
IIIN
IIIN
SDA
SDA
Q4 25
0.9%
Q3 25
1.0%
Q2 25
0.9%
0.0%
Q1 25
1.4%
0.0%
Q4 24
2.1%
Q3 24
1.3%
0.3%
Q2 24
2.2%
Q1 24
1.5%
Cash Conversion
IIIN
IIIN
SDA
SDA
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×
Q1 24
0.20×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

IIIN
IIIN

Welded Wire Reinforcement$108.4M68%
PC Strand$51.6M32%

SDA
SDA

Segment breakdown not available.

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