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Side-by-side financial comparison of INSTEEL INDUSTRIES INC (IIIN) and WisdomTree, Inc. (WT). Click either name above to swap in a different company.

INSTEEL INDUSTRIES INC is the larger business by last-quarter revenue ($159.9M vs $159.5M, roughly 1.0× WisdomTree, Inc.). WisdomTree, Inc. runs the higher net margin — 25.5% vs 4.7%, a 20.7% gap on every dollar of revenue. On growth, WisdomTree, Inc. posted the faster year-over-year revenue change (47.5% vs 23.3%). Over the past eight quarters, WisdomTree, Inc.'s revenue compounded faster (22.1% 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.

WisdomTree, Inc. is a global exchange-traded fund (ETF) and exchange-traded product (ETP) sponsor and asset manager with headquarters in New York. WisdomTree launched its first ETFs in June 2006, and became one of the major ETF providers in the United States. WisdomTree sponsors different ETFs that span asset classes and countries worldwide. Categories include: U.S. and International Equity, Currency, Fixed Income and Alternatives.

IIIN vs WT — Head-to-Head

Bigger by revenue
IIIN
IIIN
1.0× larger
IIIN
$159.9M
$159.5M
WT
Growing faster (revenue YoY)
WT
WT
+24.3% gap
WT
47.5%
23.3%
IIIN
Higher net margin
WT
WT
20.7% more per $
WT
25.5%
4.7%
IIIN
Faster 2-yr revenue CAGR
WT
WT
Annualised
WT
22.1%
12.0%
IIIN

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
IIIN
IIIN
WT
WT
Revenue
$159.9M
$159.5M
Net Profit
$7.6M
$40.6M
Gross Margin
11.3%
Operating Margin
6.0%
37.2%
Net Margin
4.7%
25.5%
Revenue YoY
23.3%
47.5%
Net Profit YoY
602.4%
76.4%
EPS (diluted)
$0.39
$0.28

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
WT
WT
Q1 26
$159.5M
Q4 25
$159.9M
$147.4M
Q3 25
$177.4M
$125.6M
Q2 25
$179.9M
$112.6M
Q1 25
$160.7M
$108.1M
Q4 24
$129.7M
$110.7M
Q3 24
$134.3M
$113.2M
Q2 24
$145.8M
$107.0M
Net Profit
IIIN
IIIN
WT
WT
Q1 26
$40.6M
Q4 25
$7.6M
$40.0M
Q3 25
$14.6M
$19.7M
Q2 25
$15.2M
$24.8M
Q1 25
$10.2M
$24.6M
Q4 24
$1.1M
$27.3M
Q3 24
$4.7M
$-4.5M
Q2 24
$6.6M
$21.8M
Gross Margin
IIIN
IIIN
WT
WT
Q1 26
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%
Operating Margin
IIIN
IIIN
WT
WT
Q1 26
37.2%
Q4 25
6.0%
40.5%
Q3 25
10.8%
36.3%
Q2 25
11.0%
30.8%
Q1 25
8.3%
31.6%
Q4 24
1.1%
31.7%
Q3 24
4.5%
36.0%
Q2 24
6.0%
31.3%
Net Margin
IIIN
IIIN
WT
WT
Q1 26
25.5%
Q4 25
4.7%
27.1%
Q3 25
8.2%
15.7%
Q2 25
8.4%
22.0%
Q1 25
6.4%
22.8%
Q4 24
0.8%
24.7%
Q3 24
3.5%
-4.0%
Q2 24
4.5%
20.3%
EPS (diluted)
IIIN
IIIN
WT
WT
Q1 26
$0.28
Q4 25
$0.39
$0.28
Q3 25
$0.74
$0.13
Q2 25
$0.78
$0.17
Q1 25
$0.52
$0.17
Q4 24
$0.06
$0.20
Q3 24
$0.24
$-0.13
Q2 24
$0.34
$0.13

Balance Sheet & Financial Strength

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

Metric
IIIN
IIIN
WT
WT
Cash + ST InvestmentsLiquidity on hand
$15.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$358.8M
Total Assets
$456.1M
$1.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IIIN
IIIN
WT
WT
Q1 26
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
$132.5M
Stockholders' Equity
IIIN
IIIN
WT
WT
Q1 26
Q4 25
$358.8M
$413.7M
Q3 25
$371.5M
$373.4M
Q2 25
$356.2M
$445.1M
Q1 25
$341.4M
$415.6M
Q4 24
$331.6M
$400.0M
Q3 24
$350.9M
$374.9M
Q2 24
$346.0M
$445.6M
Total Assets
IIIN
IIIN
WT
WT
Q1 26
$1.8B
Q4 25
$456.1M
$1.5B
Q3 25
$462.6M
$1.4B
Q2 25
$471.9M
$1.1B
Q1 25
$421.9M
$1.0B
Q4 24
$404.7M
$1.0B
Q3 24
$422.6M
$1.0B
Q2 24
$414.6M
$964.1M

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
WT
WT
Operating Cash FlowLast quarter
$-701.0K
$18.0M
Free Cash FlowOCF − Capex
$-2.2M
FCF MarginFCF / Revenue
-1.4%
Capex IntensityCapex / Revenue
0.9%
Cash ConversionOCF / Net Profit
-0.09×
0.44×
TTM Free Cash FlowTrailing 4 quarters
$439.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IIIN
IIIN
WT
WT
Q1 26
$18.0M
Q4 25
$-701.0K
$147.9M
Q3 25
$-17.0M
$48.1M
Q2 25
$28.5M
$38.8M
Q1 25
$-3.3M
$6.4M
Q4 24
$19.0M
$113.5M
Q3 24
$16.2M
$47.7M
Q2 24
$18.8M
$32.2M
Free Cash Flow
IIIN
IIIN
WT
WT
Q1 26
Q4 25
$-2.2M
$147.7M
Q3 25
$-18.7M
$48.0M
Q2 25
$26.9M
$38.7M
Q1 25
$-5.5M
$6.3M
Q4 24
$16.3M
$113.3M
Q3 24
$14.5M
$47.7M
Q2 24
$15.5M
$32.2M
FCF Margin
IIIN
IIIN
WT
WT
Q1 26
Q4 25
-1.4%
100.2%
Q3 25
-10.6%
38.2%
Q2 25
15.0%
34.4%
Q1 25
-3.5%
5.9%
Q4 24
12.6%
102.4%
Q3 24
10.8%
42.1%
Q2 24
10.7%
30.1%
Capex Intensity
IIIN
IIIN
WT
WT
Q1 26
Q4 25
0.9%
0.1%
Q3 25
1.0%
0.0%
Q2 25
0.9%
0.1%
Q1 25
1.4%
0.0%
Q4 24
2.1%
0.1%
Q3 24
1.3%
0.0%
Q2 24
2.2%
0.0%
Cash Conversion
IIIN
IIIN
WT
WT
Q1 26
0.44×
Q4 25
-0.09×
3.70×
Q3 25
-1.17×
2.44×
Q2 25
1.88×
1.57×
Q1 25
-0.32×
0.26×
Q4 24
17.56×
4.15×
Q3 24
3.48×
Q2 24
2.86×
1.48×

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%

WT
WT

Advisory fees$134.9M85%
Other$6.1M4%
Third-party distribution fees$5.8M4%
Management fees$5.2M3%
Sales and business development$4.2M3%
Professional fees$3.3M2%

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