In fiscal 2026, which ended Oct 3, 2026, Insteel Industries Inc. reported revenue of $739.5 million, up 14.2% from the year before. Net income was $29.5 million, a profit margin of 4.0%. Diluted earnings per share were $1.51. Across the 10 fiscal years shown, revenue grew from $388.9 million in fiscal 2017 to $739.5 million in fiscal 2026, about 7.4% a year.
USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.
| Line |
FY 2026
Oct 3, 2026
|
FY 2025
Sep 27, 2025
|
FY 2024
Sep 28, 2024
|
FY 2023
Sep 30, 2023
|
FY 2022
Oct 1, 2022
|
FY 2021
Oct 2, 2021
|
FY 2020
Oct 3, 2020
|
FY 2019
Sep 28, 2019
|
FY 2018
Sep 29, 2018
|
FY 2017
Sep 30, 2017
|
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
740
+14.2%
|
648
+22.4%
|
529
-18.5%
|
649
-21.5%
|
827
+40.0%
|
591
+25.0%
|
473
+3.7%
|
456
+0.6%
|
453
+16.5%
|
389
-7.1%
|
| Cost of revenue |
664
+19.8%
|
554
+15.6%
|
480
-17.9%
|
584
-7.3%
|
630
+34.2%
|
469
+12.5%
|
417
-2.1%
|
426
+11.3%
|
382
+16.2%
|
329
-1.3%
|
| Gross profit |
76
-19.0%
|
93
+88.3%
|
50
-24.1%
|
65
-66.9%
|
197
+62.3%
|
122
+117.9%
|
56
+85.6%
|
30
-57.5%
|
71
+18.4%
|
60
-29.8%
|
| Selling, general and administrative |
37
-4.2%
|
39
+31.8%
|
30
-3.6%
|
31
-14.9%
|
36
+11.3%
|
32
+3.3%
|
31
+27.9%
|
25
-13.4%
|
28
+11.0%
|
26
-2.2%
|
| Restructuring and impairment |
1
-67.2%
|
2
|
—
|
—
|
-0
-111.1%
|
3
+69.2%
|
2
+933.5%
|
—
|
—
|
0
+42.6%
|
| Pretax income |
38
-28.8%
|
54
+112.8%
|
25
-39.4%
|
42
-74.2%
|
162
+87.8%
|
86
+256.2%
|
24
+224.2%
|
7
-82.5%
|
43
+24.8%
|
34
-39.3%
|
| Income tax |
9
-31.6%
|
13
+113.7%
|
6
-36.0%
|
9
-74.6%
|
37
+88.4%
|
19
+277.7%
|
5
+177.9%
|
2
-70.8%
|
6
-45.2%
|
12
-39.0%
|
| Net income |
30
-28.0%
|
41
+112.5%
|
19
-40.4%
|
32
-74.1%
|
125
+87.7%
|
67
+250.4%
|
19
+239.6%
|
6
-84.6%
|
36
+60.8%
|
23
-39.5%
|
| Basic EPS |
1.52
-28.0%
|
2.11
+113.1%
|
0.99
-40.4%
|
1.66
-74.1%
|
6.41
+86.3%
|
3.44
+247.5%
|
0.99
+241.4%
|
0.29
-84.7%
|
1.90
+59.7%
|
1.19
-40.2%
|
| Diluted EPS |
1.51
-28.1%
|
2.10
+112.1%
|
0.99
-40.4%
|
1.66
-73.9%
|
6.37
+86.8%
|
3.41
+248.0%
|
0.98
+237.9%
|
0.29
-84.6%
|
1.88
+60.7%
|
1.17
-40.0%
|
| Weighted average shares, basic |
19
-0.1%
|
19
-0.1%
|
20
-0.0%
|
20
-0.1%
|
20
+0.9%
|
19
+0.3%
|
19
+0.2%
|
19
+0.9%
|
19
+0.4%
|
19
+1.4%
|
| Weighted average shares, diluted |
20
-0.2%
|
20
-0.1%
|
20
+0.0%
|
20
-0.3%
|
20
+0.5%
|
20
+0.8%
|
19
+0.2%
|
19
+0.3%
|
19
+0.3%
|
19
+0.9%
|
| Other measures | ||||||||||
| Depreciation and amortization |
18
-3.6%
|
18
+19.3%
|
15
+15.9%
|
13
-8.2%
|
14
-0.2%
|
15
+1.9%
|
14
+5.2%
|
14
+5.7%
|
13
+10.0%
|
12
+0.9%
|
| Margins | ||||||||||
| Gross margin |
10.23%
|
14.43%
|
9.38%
|
10.07%
|
23.86%
|
20.58%
|
11.80%
|
6.60%
|
15.62%
|
15.37%
|
| Pretax margin |
5.18%
|
8.31%
|
4.78%
|
6.43%
|
19.56%
|
14.58%
|
5.11%
|
1.64%
|
9.41%
|
8.79%
|
| Profit margin |
4.00%
|
6.33%
|
3.65%
|
4.99%
|
15.12%
|
11.28%
|
4.02%
|
1.23%
|
8.00%
|
5.80%
|
| Effective tax rate |
22.83%
|
23.76%
|
23.66%
|
22.37%
|
22.70%
|
22.64%
|
21.35%
|
24.91%
|
14.93%
|
34.01%
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. More on our methodology.
New to this? Read How to Read an Income Statement, With a Real Example.
Company profile
- Industry
- Steel Works, Blast Furnaces & Rolling & Finishing Mills (SIC 3310)
- Listed as
- IIIN (NYSE)
- Fiscal year ends
- October 3
- Incorporated in
- NC
- Headquarters
- Mount Airy, NC
- SEC filer status
- Accelerated filer
- SEC CIK
- 764401
Other Steel Works, Blast Furnaces & Rolling & Finishing Mills companies
- Gerdau S.A. GGB
- Worthington Enterprises, Inc. WOR
- Worthington Steel, Inc. WS
- Gibraltar Industries, Inc. ROCK
- National Steel Co SID
- Friedman Industries Inc FRD
All 7 Steel Works, Blast Furnaces & Rolling & Finishing Mills companies
Source: SEC EDGAR filings. This is company-reported data, not investment advice.