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Side-by-side financial comparison of INSTEEL INDUSTRIES INC (IIIN) and TRIMAS CORP (TRS). Click either name above to swap in a different company.
TRIMAS CORP is the larger business by last-quarter revenue ($256.5M vs $159.9M, roughly 1.6× INSTEEL INDUSTRIES INC). TRIMAS CORP runs the higher net margin — 31.9% vs 4.7%, a 27.1% gap on every dollar of revenue. On growth, INSTEEL INDUSTRIES INC posted the faster year-over-year revenue change (23.3% vs 3.8%). TRIMAS CORP produced more free cash flow last quarter ($36.8M vs $-2.2M). Over the past eight quarters, INSTEEL INDUSTRIES INC's revenue compounded faster (12.0% CAGR vs 3.3%).
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.
Trimas Corp is a diversified industrial manufacturing enterprise that designs, produces and distributes a wide portfolio of engineered products, including specialized fasteners, aerospace components, custom packaging solutions, and consumer & industrial hardware. It primarily serves aerospace, automotive, construction, consumer goods and industrial sectors, with core operations across North America and selected global markets.
IIIN vs TRS — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $159.9M | $256.5M |
| Net Profit | $7.6M | $81.7M |
| Gross Margin | 11.3% | 12.8% |
| Operating Margin | 6.0% | 5.7% |
| Net Margin | 4.7% | 31.9% |
| Revenue YoY | 23.3% | 3.8% |
| Net Profit YoY | 602.4% | 236.9% |
| EPS (diluted) | $0.39 | $2.03 |
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 | — | $256.5M | ||
| Q4 25 | $159.9M | $-140.0M | ||
| Q3 25 | $177.4M | $269.3M | ||
| Q2 25 | $179.9M | $274.8M | ||
| Q1 25 | $160.7M | $241.7M | ||
| Q4 24 | $129.7M | $-66.2M | ||
| Q3 24 | $134.3M | $229.4M | ||
| Q2 24 | $145.8M | $240.5M |
| Q1 26 | — | $81.7M | ||
| Q4 25 | $7.6M | $81.7M | ||
| Q3 25 | $14.6M | $9.3M | ||
| Q2 25 | $15.2M | $16.7M | ||
| Q1 25 | $10.2M | $12.4M | ||
| Q4 24 | $1.1M | $5.6M | ||
| Q3 24 | $4.7M | $2.5M | ||
| Q2 24 | $6.6M | $10.9M |
| Q1 26 | — | 12.8% | ||
| Q4 25 | 11.3% | — | ||
| Q3 25 | 16.1% | 12.8% | ||
| Q2 25 | 17.1% | 13.8% | ||
| Q1 25 | 15.3% | 13.6% | ||
| Q4 24 | 7.3% | — | ||
| Q3 24 | 9.1% | 15.4% | ||
| Q2 24 | 10.6% | 14.4% |
| Q1 26 | — | 5.7% | ||
| Q4 25 | 6.0% | — | ||
| Q3 25 | 10.8% | 6.2% | ||
| Q2 25 | 11.0% | 9.9% | ||
| Q1 25 | 8.3% | 9.0% | ||
| Q4 24 | 1.1% | — | ||
| Q3 24 | 4.5% | 3.6% | ||
| Q2 24 | 6.0% | 7.4% |
| Q1 26 | — | 31.9% | ||
| Q4 25 | 4.7% | -58.4% | ||
| Q3 25 | 8.2% | 3.5% | ||
| Q2 25 | 8.4% | 6.1% | ||
| Q1 25 | 6.4% | 5.1% | ||
| Q4 24 | 0.8% | -8.5% | ||
| Q3 24 | 3.5% | 1.1% | ||
| Q2 24 | 4.5% | 4.5% |
| Q1 26 | — | $2.03 | ||
| Q4 25 | $0.39 | $2.01 | ||
| Q3 25 | $0.74 | $0.23 | ||
| Q2 25 | $0.78 | $0.41 | ||
| Q1 25 | $0.52 | $0.30 | ||
| Q4 24 | $0.06 | $0.14 | ||
| Q3 24 | $0.24 | $0.06 | ||
| Q2 24 | $0.34 | $0.27 |
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 | $30.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $358.8M | $705.6M |
| Total Assets | $456.1M | $1.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $30.0M | ||
| Q4 25 | $15.6M | $30.0M | ||
| Q3 25 | $38.6M | $33.6M | ||
| Q2 25 | $53.7M | $30.3M | ||
| Q1 25 | $28.4M | $32.7M | ||
| Q4 24 | $36.0M | $23.1M | ||
| Q3 24 | $111.5M | $26.9M | ||
| Q2 24 | $97.7M | $35.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $469.2M | ||
| Q3 25 | — | $407.1M | ||
| Q2 25 | — | $424.5M | ||
| Q1 25 | — | $434.2M | ||
| Q4 24 | — | $398.1M | ||
| Q3 24 | — | $409.9M | ||
| Q2 24 | — | $427.4M |
| Q1 26 | — | $705.6M | ||
| Q4 25 | $358.8M | $705.6M | ||
| Q3 25 | $371.5M | $725.0M | ||
| Q2 25 | $356.2M | $715.3M | ||
| Q1 25 | $341.4M | $686.6M | ||
| Q4 24 | $331.6M | $667.3M | ||
| Q3 24 | $350.9M | $682.8M | ||
| Q2 24 | $346.0M | $675.9M |
| Q1 26 | — | $1.5B | ||
| Q4 25 | $456.1M | $1.5B | ||
| Q3 25 | $462.6M | $1.4B | ||
| Q2 25 | $471.9M | $1.4B | ||
| Q1 25 | $421.9M | $1.4B | ||
| Q4 24 | $404.7M | $1.3B | ||
| Q3 24 | $422.6M | $1.4B | ||
| Q2 24 | $414.6M | $1.4B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.66× | ||
| Q3 25 | — | 0.56× | ||
| Q2 25 | — | 0.59× | ||
| Q1 25 | — | 0.63× | ||
| Q4 24 | — | 0.60× | ||
| Q3 24 | — | 0.60× | ||
| Q2 24 | — | 0.63× |
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 | $117.5M |
| Free Cash FlowOCF − Capex | $-2.2M | $36.8M |
| FCF MarginFCF / Revenue | -1.4% | 14.4% |
| Capex IntensityCapex / Revenue | 0.9% | 18.9% |
| Cash ConversionOCF / Net Profit | -0.09× | 1.44× |
| TTM Free Cash FlowTrailing 4 quarters | $439.0K | $109.7M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $117.5M | ||
| Q4 25 | $-701.0K | $41.5M | ||
| Q3 25 | $-17.0M | $36.5M | ||
| Q2 25 | $28.5M | $30.3M | ||
| Q1 25 | $-3.3M | $9.2M | ||
| Q4 24 | $19.0M | $27.1M | ||
| Q3 24 | $16.2M | $22.0M | ||
| Q2 24 | $18.8M | $18.4M |
| Q1 26 | — | $36.8M | ||
| Q4 25 | $-2.2M | $36.8M | ||
| Q3 25 | $-18.7M | $22.8M | ||
| Q2 25 | $26.9M | $13.2M | ||
| Q1 25 | $-5.5M | $-3.8M | ||
| Q4 24 | $16.3M | $12.1M | ||
| Q3 24 | $14.5M | $10.2M | ||
| Q2 24 | $15.5M | $7.5M |
| Q1 26 | — | 14.4% | ||
| Q4 25 | -1.4% | -26.3% | ||
| Q3 25 | -10.6% | 8.5% | ||
| Q2 25 | 15.0% | 4.8% | ||
| Q1 25 | -3.5% | -1.6% | ||
| Q4 24 | 12.6% | -18.3% | ||
| Q3 24 | 10.8% | 4.4% | ||
| Q2 24 | 10.7% | 3.1% |
| Q1 26 | — | 18.9% | ||
| Q4 25 | 0.9% | -3.4% | ||
| Q3 25 | 1.0% | 5.1% | ||
| Q2 25 | 0.9% | 6.2% | ||
| Q1 25 | 1.4% | 5.4% | ||
| Q4 24 | 2.1% | -22.6% | ||
| Q3 24 | 1.3% | 5.2% | ||
| Q2 24 | 2.2% | 4.5% |
| Q1 26 | — | 1.44× | ||
| Q4 25 | -0.09× | 0.51× | ||
| Q3 25 | -1.17× | 3.92× | ||
| Q2 25 | 1.88× | 1.81× | ||
| Q1 25 | -0.32× | 0.74× | ||
| Q4 24 | 17.56× | 4.80× | ||
| Q3 24 | 3.48× | 8.71× | ||
| Q2 24 | 2.86× | 1.68× |
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% |
TRS
Segment breakdown not available.
