Insteel Industries reported Q3 FY2026 revenue of $197.7 million, up 9.9% year-over-year, but net income fell 40.5% to $9.0 million. Diluted EPS decreased 41.0% to $0.46. Cash and equivalents stood at $22.9 million, with total equity of $371.4 million.
•Revenue grew 9.9% YoY to $197.7 million.
•Net income declined 40.5% YoY to $9.0 million.
•Diluted EPS fell 41.0% to $0.46.
•Cash and equity were $22.9 million and $371.4 million, respectively.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Insteel Industries manufactures and markets steel wire reinforcing products for concrete construction applications. The company offers prestressed concrete strand (PC strand) and welded wire reinforcement (WWR) products.
Its PC strand, a seven-wire strand that is used to impart compression forces into precast concrete elements and structures providing reinforcement for bridges, parking decks, buildings, and concrete structures. The company's WWR engineered reinforcing product is used in nonresidential and residential construction.
It produces a range of WWR products, such as engineered structural mesh, an engineered made-to-order product that is used as the primary reinforcement for concrete elements or structures serving as a reinforcing solution for hot-rolled rebar.
Its portfolio also includes concrete pipe reinforcement, an engineered made-to-order product, which is used as the primary reinforcement in concrete pipe, box culverts, and precast manholes for drainage and sewage systems, water treatment facilities, and related applications, and standard welded wire reinforcement, a secondary reinforcing product for crack control applications in residential and light nonresidential construction
Including driveways, sidewalks, and various slab-on-grade applications. It sells its products through sales representatives to the manufacturers of concrete products, rebar fabricators, distributors, and contractors. Founded in 1953, Insteel Industries is headquartered in Mount Airy, North Carolina.
Insteel Industries Inc. manufactures and markets steel wire reinforcing products for concrete construction applications. The company's primary products include prestressed concrete strand (PC strand) and welded wire reinforcement (WWR). PC strand is a seven-wire strand used to impart compression forces into precast concrete elements and structures, providing reinforcement for bridges, parking decks, buildings, and other concrete structures. WWR products include engineered structural mesh, which serves as primary reinforcement for concrete elements and a reinforcing solution for hot-rolled rebar; concrete pipe reinforcement for drainage and sewage systems; and standard welded wire reinforcement for crack control in residential and light nonresidential construction. Founded in 1953, the company is headquartered in Mount Airy, North Carolina.
Where is Insteel Industries (IIIN) listed and in which currency?
Insteel Industries Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol IIIN. The company's financials are reported in US Dollars (USD), reflecting its operations based in the United States. As a US-based company trading on a major US exchange, its stock is traded in USD, and investors typically use US currency for transactions.
What sector and industry does Insteel Industries (IIIN) operate in?
Insteel Industries operates in the Industrials sector, specifically within the Metal Fabrication industry. This means the company is involved in the processing and shaping of metal materials, particularly steel, into finished products used in construction. As a metal fabricator, Insteel focuses on producing steel wire reinforcing products that are essential for concrete construction, serving both nonresidential and residential markets.
Where is Insteel Industries headquartered and what markets does it serve?
Insteel Industries is headquartered in Mount Airy, North Carolina, United States. The company serves the US market, selling its products through sales representatives to manufacturers of concrete products, rebar fabricators, distributors, and contractors. Its products are used in a variety of construction applications, including bridges, parking decks, buildings, concrete structures, drainage and sewage systems, and residential slab-on-grade projects.
How does Insteel Industries (IIIN) generate revenue?
Insteel Industries generates revenue by manufacturing and selling steel wire reinforcing products for concrete construction. Its main product lines are prestressed concrete strand (PC strand) and welded wire reinforcement (WWR). PC strand is used in precast concrete elements for infrastructure projects like bridges and parking decks. WWR products include engineered structural mesh, concrete pipe reinforcement, and standard welded wire reinforcement, which are sold to concrete product manufacturers, rebar fabricators, distributors, and contractors. The company's revenue is driven by demand in nonresidential and residential construction markets in the United States.