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Side-by-side financial comparison of INSTEEL INDUSTRIES INC (IIIN) and TWIN DISC INC (TWIN). Click either name above to swap in a different company.
INSTEEL INDUSTRIES INC is the larger business by last-quarter revenue ($159.9M vs $90.2M, roughly 1.8× TWIN DISC INC). TWIN DISC INC runs the higher net margin — 24.8% vs 4.7%, a 20.1% gap on every dollar of revenue. On growth, INSTEEL INDUSTRIES INC posted the faster year-over-year revenue change (23.3% vs 0.3%). TWIN DISC INC produced more free cash flow last quarter ($1.2M vs $-2.2M). Over the past eight quarters, INSTEEL INDUSTRIES INC's revenue compounded faster (12.0% CAGR vs 10.3%).
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.
Twin Disc, Inc. designs, manufactures, and distributes power transmission equipment for a wide range of applications, including marine, off-road vehicle, and industrial. The company was founded in 1918 to manufacture clutches for farm tractors. It is now a worldwide company with subsidiaries or sales offices in Asia, Europe, North America, Oceania, and South America.
IIIN vs TWIN — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $159.9M | $90.2M |
| Net Profit | $7.6M | $22.4M |
| Gross Margin | 11.3% | 24.8% |
| Operating Margin | 6.0% | 2.3% |
| Net Margin | 4.7% | 24.8% |
| Revenue YoY | 23.3% | 0.3% |
| Net Profit YoY | 602.4% | 2334.3% |
| EPS (diluted) | $0.39 | $1.55 |
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 | $90.2M | ||
| Q3 25 | $177.4M | $80.0M | ||
| Q2 25 | $179.9M | $96.7M | ||
| Q1 25 | $160.7M | $81.2M | ||
| Q4 24 | $129.7M | $89.9M | ||
| Q3 24 | $134.3M | $72.9M | ||
| Q2 24 | $145.8M | $84.4M | ||
| Q1 24 | $127.4M | $74.2M |
| Q4 25 | $7.6M | $22.4M | ||
| Q3 25 | $14.6M | $-518.0K | ||
| Q2 25 | $15.2M | $1.4M | ||
| Q1 25 | $10.2M | $-1.5M | ||
| Q4 24 | $1.1M | $919.0K | ||
| Q3 24 | $4.7M | $-2.8M | ||
| Q2 24 | $6.6M | $7.4M | ||
| Q1 24 | $6.9M | $3.8M |
| Q4 25 | 11.3% | 24.8% | ||
| Q3 25 | 16.1% | 28.7% | ||
| Q2 25 | 17.1% | 31.0% | ||
| Q1 25 | 15.3% | 26.7% | ||
| Q4 24 | 7.3% | 24.1% | ||
| Q3 24 | 9.1% | 26.5% | ||
| Q2 24 | 10.6% | 29.7% | ||
| Q1 24 | 12.3% | 28.2% |
| Q4 25 | 6.0% | 2.3% | ||
| Q3 25 | 10.8% | 2.8% | ||
| Q2 25 | 11.0% | 5.5% | ||
| Q1 25 | 8.3% | 2.4% | ||
| Q4 24 | 1.1% | 3.1% | ||
| Q3 24 | 4.5% | -0.2% | ||
| Q2 24 | 6.0% | 5.6% | ||
| Q1 24 | 7.0% | 4.9% |
| Q4 25 | 4.7% | 24.8% | ||
| Q3 25 | 8.2% | -0.6% | ||
| Q2 25 | 8.4% | 1.5% | ||
| Q1 25 | 6.4% | -1.8% | ||
| Q4 24 | 0.8% | 1.0% | ||
| Q3 24 | 3.5% | -3.8% | ||
| Q2 24 | 4.5% | 8.8% | ||
| Q1 24 | 5.4% | 5.2% |
| Q4 25 | $0.39 | $1.55 | ||
| Q3 25 | $0.74 | $-0.04 | ||
| Q2 25 | $0.78 | $0.10 | ||
| Q1 25 | $0.52 | $-0.11 | ||
| Q4 24 | $0.06 | $0.07 | ||
| Q3 24 | $0.24 | $-0.20 | ||
| Q2 24 | $0.34 | $0.54 | ||
| Q1 24 | $0.35 | $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 | — |
| Total DebtLower is stronger | — | $44.5M |
| Stockholders' EquityBook value | $358.8M | $184.5M |
| Total Assets | $456.1M | $384.0M |
| Debt / EquityLower = less leverage | — | 0.24× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $15.6M | — | ||
| Q3 25 | $38.6M | — | ||
| Q2 25 | $53.7M | — | ||
| Q1 25 | $28.4M | — | ||
| Q4 24 | $36.0M | — | ||
| Q3 24 | $111.5M | — | ||
| Q2 24 | $97.7M | — | ||
| Q1 24 | $83.9M | — |
| Q4 25 | — | $44.5M | ||
| Q3 25 | — | $43.7M | ||
| Q2 25 | — | $31.4M | ||
| Q1 25 | — | $40.8M | ||
| Q4 24 | — | $24.9M | ||
| Q3 24 | — | $29.8M | ||
| Q2 24 | — | $25.8M | ||
| Q1 24 | — | $17.0M |
| Q4 25 | $358.8M | $184.5M | ||
| Q3 25 | $371.5M | $160.3M | ||
| Q2 25 | $356.2M | $164.0M | ||
| Q1 25 | $341.4M | $149.5M | ||
| Q4 24 | $331.6M | $147.0M | ||
| Q3 24 | $350.9M | $157.5M | ||
| Q2 24 | $346.0M | $154.7M | ||
| Q1 24 | $340.6M | $146.3M |
| Q4 25 | $456.1M | $384.0M | ||
| Q3 25 | $462.6M | $363.5M | ||
| Q2 25 | $471.9M | $355.6M | ||
| Q1 25 | $421.9M | $332.9M | ||
| Q4 24 | $404.7M | $307.4M | ||
| Q3 24 | $422.6M | $323.5M | ||
| Q2 24 | $414.6M | $312.1M | ||
| Q1 24 | $397.2M | $288.8M |
| Q4 25 | — | 0.24× | ||
| Q3 25 | — | 0.27× | ||
| Q2 25 | — | 0.19× | ||
| Q1 25 | — | 0.27× | ||
| Q4 24 | — | 0.17× | ||
| Q3 24 | — | 0.19× | ||
| Q2 24 | — | 0.17× | ||
| Q1 24 | — | 0.12× |
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 | $4.6M |
| Free Cash FlowOCF − Capex | $-2.2M | $1.2M |
| FCF MarginFCF / Revenue | -1.4% | 1.4% |
| Capex IntensityCapex / Revenue | 0.9% | 3.7% |
| Cash ConversionOCF / Net Profit | -0.09× | 0.20× |
| TTM Free Cash FlowTrailing 4 quarters | $439.0K | $-70.0K |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-701.0K | $4.6M | ||
| Q3 25 | $-17.0M | $-7.5M | ||
| Q2 25 | $28.5M | $16.4M | ||
| Q1 25 | $-3.3M | $3.2M | ||
| Q4 24 | $19.0M | $8.7M | ||
| Q3 24 | $16.2M | $-4.3M | ||
| Q2 24 | $18.8M | $11.4M | ||
| Q1 24 | $1.4M | $6.2M |
| Q4 25 | $-2.2M | $1.2M | ||
| Q3 25 | $-18.7M | $-11.0M | ||
| Q2 25 | $26.9M | $8.7M | ||
| Q1 25 | $-5.5M | $906.0K | ||
| Q4 24 | $16.3M | $5.9M | ||
| Q3 24 | $14.5M | $-6.7M | ||
| Q2 24 | $15.5M | $10.3M | ||
| Q1 24 | $-580.0K | $4.0M |
| Q4 25 | -1.4% | 1.4% | ||
| Q3 25 | -10.6% | -13.7% | ||
| Q2 25 | 15.0% | 9.0% | ||
| Q1 25 | -3.5% | 1.1% | ||
| Q4 24 | 12.6% | 6.5% | ||
| Q3 24 | 10.8% | -9.2% | ||
| Q2 24 | 10.7% | 12.2% | ||
| Q1 24 | -0.5% | 5.5% |
| Q4 25 | 0.9% | 3.7% | ||
| Q3 25 | 1.0% | 4.3% | ||
| Q2 25 | 0.9% | 8.0% | ||
| Q1 25 | 1.4% | 2.8% | ||
| Q4 24 | 2.1% | 3.1% | ||
| Q3 24 | 1.3% | 3.2% | ||
| Q2 24 | 2.2% | 1.3% | ||
| Q1 24 | 1.5% | 2.9% |
| Q4 25 | -0.09× | 0.20× | ||
| Q3 25 | -1.17× | — | ||
| Q2 25 | 1.88× | 11.55× | ||
| Q1 25 | -0.32× | — | ||
| Q4 24 | 17.56× | 9.42× | ||
| Q3 24 | 3.48× | — | ||
| Q2 24 | 2.86× | 1.54× | ||
| Q1 24 | 0.20× | 1.63× |
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% |
TWIN
Segment breakdown not available.
