Insteel Industries Inc (IIIN) financial statements: income statement, balance sheet and cash flow

Insteel Industries Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Sep 27, 2025 · FY), Insteel Industries Inc reported revenue of $647.7M (+22.4% year on year) and net income of $41.0M (+112.5% year on year).

Income statement

Insteel Industries Inc income statement, fiscal years

Line item	Sep 27, 2025 · FY	Sep 28, 2024 · FY	Sep 30, 2023 · FY	Oct 1, 2022 · FY
Net sales	$647.7M	$529.2M	$649.2M	$826.8M
Cost of sales	$554.3M	$479.6M	$583.8M	$629.5M
Gross profit	$93.4M	$49.6M	$65.4M	$197.3M
Selling, general and administrative expense	$39.0M	$29.6M	$30.7M	$36.0M
Restructuring charges, net	$2.3M	—	—	—
Acquisition costs	$325.0K	$61.0K	—	$0
Other expense (income), net	$17.0K	$37.0K	($3.4M)	$88.0K
Interest expense	$52.0K	$89.0K	$87.0K	$91.0K
Interest income	($2.1M)	($5.4M)	($3.7M)	($326.0K)
Earnings before income taxes	$53.8M	$25.3M	$41.8M	$161.7M
Income taxes	$12.8M	$6.0M	$9.3M	$36.7M
Net earnings	$41.0M	$19.3M	$32.4M	$125.0M
Basic (in dollars per share)	$2.11	$0.99	$1.66	$6.41
Diluted (in dollars per share)	$2.10	$0.99	$1.66	$6.37
Cash dividends declared (in dollars per share)	$1.12	$2.62	$2.12	$2.12
Basic (in shares)	19.5M	19.5M	19.5M	19.5M
Diluted (in shares)	19.6M	19.6M	19.6M	19.6M

Insteel Industries Inc income statement, quarters

Line item	Jun 27, 2026 · Q3	Mar 28, 2026 · Q2	Dec 27, 2025 · Q1	Jun 28, 2025 · Q3
Net sales	$197.7M	$172.7M	$159.9M	$179.9M
Cost of sales	$177.6M	$156.2M	$141.9M	$149.1M
Gross profit	$20.1M	$16.5M	$18.1M	$30.8M
Selling, general and administrative expense	$8.5M	$9.7M	$8.8M	$10.6M
Restructuring charges, net	$0	$0	$51.0K	$843.0K
Acquisition costs	$0	$0	$0	$27.0K
Other expense (income), net	$78.0K	$18.0K	($11.0K)	($16.0K)
Interest expense	$12.0K	$23.0K	$13.0K	$14.0K
Interest income	($188.0K)	($61.0K)	($370.0K)	($472.0K)
Earnings before income taxes	$11.7M	$6.8M	$9.6M	$19.8M
Income taxes	$2.7M	$1.6M	$2.0M	$4.6M
Net earnings	$9.0M	$5.2M	$7.6M	$15.2M
Basic (in dollars per share)	$0.46	$0.27	$0.39	$0.78
Diluted (in dollars per share)	$0.46	$0.27	$0.39	$0.78
Basic (in shares)	19.5M	19.5M	19.5M	19.5M
Diluted (in shares)	19.5M	19.6M	19.6M	19.6M
Cash dividends declared per share (in dollars per share)	$0.03	$0.03	$1.03	$0.03
Comprehensive income	$9.0M	$5.2M	$7.6M	$15.2M

Balance sheet

Insteel Industries Inc balance sheet, fiscal years

Line item	Sep 27, 2025 · FY	Sep 28, 2024 · FY	Sep 30, 2023 · FY	Oct 1, 2022 · FY
Cash and cash equivalents	$38.6M	$111.5M	$125.7M	$48.3M
Accounts receivable, net	$78.7M	$58.3M	$63.4M	$81.6M
Inventories	$137.8M	$88.8M	$103.3M	$197.7M
Other current assets	$6.8M	$8.6M	$6.5M	$7.7M
Total current assets	$261.9M	$267.3M	$298.9M	$335.3M
Property, plant and equipment, net	$128.7M	$125.5M	$120.0M	$108.2M
Intangibles, net	$16.6M	$5.3M	$6.1M	$6.8M
Goodwill	$37.8M	$9.7M	$9.7M	$9.7M
Other assets	$17.7M	$14.6M	$12.8M	$11.7M
Total assets	$462.6M	$422.6M	$447.5M	$471.7M
Accounts payable	$48.2M	$37.5M	$34.3M	$46.8M
Accrued expenses	$17.8M	$9.5M	$11.8M	$15.8M
Total current liabilities	$66.0M	$47.0M	$46.2M	$62.6M
Other liabilities	$25.1M	$24.7M	$19.9M	$19.4M
Preferred stock, no par value Authorized shares: 1,000 None Issued	0	0	0	0
Common stock, $1 stated value Authorized shares: 50,000 Issued and outstanding shares: 2025, 19,420; 2024, 19,452	19.4M	19.5M	19.5M	19.5M
Additional paid-in capital	$89.4M	$86.7M	$83.8M	$82.0M
Retained earnings	$262.7M	$245.3M	$278.5M	$289.2M
Accumulated other comprehensive loss	($36.0K)	($608.0K)	($283.0K)	($977.0K)
Total shareholders’ equity	$371.5M	$350.9M	$381.5M	$389.7M
Total liabilities and shareholders’ equity	$462.6M	$422.6M	$447.5M	$471.7M

Insteel Industries Inc balance sheet, quarters

Line item	Jun 27, 2026	Mar 28, 2026	Dec 27, 2025	Jun 28, 2025
Cash and cash equivalents	$22.9M	$15.1M	$15.6M	$53.7M
Accounts receivable, net	$80.7M	$81.4M	$64.6M	$83.3M
Inventories	$166.9M	$159.0M	$172.3M	$119.2M
Other current assets	$8.3M	$8.1M	$5.7M	$7.4M
Total current assets	$278.9M	$263.5M	$258.2M	$263.5M
Property, plant and equipment, net	$124.3M	$126.2M	$126.3M	$131.1M
Intangible assets, net	$15.4M	$15.7M	$16.1M	$17.0M
Goodwill	$37.8M	$37.8M	$37.8M	$37.8M
Other assets	$17.6M	$17.3M	$17.7M	$22.5M
Total assets	$473.9M	$460.5M	$456.1M	$471.9M
Accounts payable	$65.5M	$62.2M	$57.3M	$73.4M
Accrued expenses	$12.6M	$8.8M	$14.9M	$16.3M
Total current liabilities	$78.1M	$71.0M	$72.2M	$89.7M
Other liabilities	$24.4M	$25.0M	$25.1M	$26.0M
Common stock	$19.4M	$19.4M	$19.4M	$19.4M
Additional paid-in capital	$90.8M	$90.7M	$89.7M	$88.4M
Retained earnings	$261.3M	$254.4M	$249.8M	$249.0M
Accumulated other comprehensive loss	($36.0K)	($36.0K)	($36.0K)	($608.0K)
Total shareholders' equity	$371.4M	$364.5M	$358.8M	$356.2M
Total liabilities and shareholders' equity	$473.9M	$460.5M	$456.1M	$471.9M

Cash flow statement

Insteel Industries Inc cash flow statement, fiscal years

Line item	Sep 27, 2025 · FY	Sep 28, 2024 · FY	Sep 30, 2023 · FY	Oct 1, 2022 · FY
Net earnings	$41.0M	$19.3M	$32.4M	$125.0M
Depreciation and amortization	$18.4M	$15.4M	$13.3M	$14.5M
Amortization of capitalized financing costs	$50.0K	$50.0K	$57.0K	$65.0K
Stock-based compensation expense	$3.5M	$3.1M	$2.4M	$2.4M
Deferred income taxes	($748.0K)	$4.2M	$238.0K	$327.0K
Asset impairment charges	$1.0M	—	$0	$0
Loss (gain) on sale and disposition of property, plant and equipment	$127.0K	$99.0K	($3.3M)	($480.0K)
Increase in cash surrender value of life insurance policies over premiums paid	($452.0K)	($1.5M)	($531.0K)	$0
Accounts receivable, net	($20.4M)	$5.1M	$18.2M	($13.7M)
Inventories	($36.5M)	$14.5M	$94.3M	$118.6M
Accounts payable and accrued expenses	$19.3M	($639.0K)	($16.9M)	($2.0M)
Other changes	$1.9M	($1.3M)	$1.9M	$1.5M
Total adjustments	($13.9M)	$38.9M	$109.8M	($119.3M)
Net cash provided by operating activities	$27.2M	$58.2M	$142.2M	$5.7M
Acquisition of businesses	($72.1M)	—	—	$0
Capital expenditures	($8.2M)	($19.1M)	($30.7M)	($15.9M)
Increase in cash surrender value of life insurance policies	($581.0K)	($517.0K)	($476.0K)	$1.4M
Proceeds from sale of assets held for sale	$5.0M	$0	$0	$6.9M
Proceeds from sale of property, plant, and equipment	$107.0K	$4.0K	$9.9M	$0
Proceeds from surrender of life insurance policies	$91.0K	$25.0K	$358.0K	$110.0K
Net cash used for investing activities	($75.7M)	($19.6M)	($20.9M)	($6.0M)
Proceeds from long-term debt	$291.0K	$298.0K	$323.0K	$266.0K
Principal payments on long-term debt	($291.0K)	($298.0K)	($323.0K)	($266.0K)
Cash dividends paid	($21.8M)	($50.9M)	($41.3M)	($41.2M)
Cash received from exercise of stock options	$62.0K	$428.0K	$239.0K	$1.6M
Financing costs	$0	$0	($177.0K)	—
Payment of employee tax withholdings related to net share transactions	($425.0K)	($352.0K)	($432.0K)	($483.0K)
Repurchases of common stock	($2.3M)	($1.8M)	($2.3M)	($1.2M)
Net cash used for financing activities	($24.4M)	($52.7M)	($44.0M)	($41.2M)
Net (decrease) increase in cash and cash equivalents	($72.9M)	($14.1M)	$77.4M	($41.6M)
Cash and cash equivalents at beginning of period	$111.5M	$125.7M	$48.3M	$89.9M
Cash and cash equivalents at end of period	$38.6M	$111.5M	$125.7M	$48.3M
Income taxes, net	$10.8M	$3.3M	$7.8M	$41.5M
Purchases of property, plant and equipment in accounts payable	$1.5M	$2.4M	$1.3M	$946.0K
Restricted stock units and stock options surrendered for withholding taxes payable	$425.0K	$352.0K	$432.0K	$483.0K

Insteel Industries Inc cash flow statement, quarters

Line item	Jun 27, 2026 · YTD	Mar 28, 2026 · YTD	Dec 27, 2025 · Q1	Jun 28, 2025 · YTD
Net earnings	$21.8M	$12.8M	$7.6M	$26.5M
Depreciation and amortization	$13.3M	$9.0M	$4.6M	$13.7M
Amortization of capitalized financing costs	$38.0K	$26.0K	$13.0K	$38.0K
Stock-based compensation expense	$2.2M	$1.8M	$441.0K	$2.1M
Deferred income taxes	($70.0K)	$272.0K	$148.0K	($541.0K)
Asset impairment charges	$0	$0	$0	$1.0M
Loss on sale and disposition of property, plant and equipment	$70.0K	$52.0K	$20.0K	$86.0K
Increase in cash surrender value of life insurance policies over premiums paid	($776.0K)	($15.0K)	($249.0K)	($152.0K)
Accounts receivable, net	($2.0M)	($2.7M)	$14.1M	($25.0M)
Inventories	($29.1M)	($21.2M)	($34.5M)	($17.9M)
Accounts payable and accrued expenses	$13.7M	$5.9M	$3.8M	$42.6M
Other changes	($1.1M)	($1.5M)	$3.4M	$1.6M
Total adjustments	($3.8M)	($8.4M)	($8.3M)	$17.7M
Net cash provided by operating activities	$18.0M	$4.4M	($701.0K)	$44.2M
Acquisition of businesses	$0	$0	$0	($72.1M)
Capital expenditures	($9.1M)	($5.9M)	($1.5M)	($6.5M)
Increase in cash surrender value of life insurance policies	($541.0K)	($437.0K)	($126.0K)	($471.0K)
Proceeds from sale of assets held for sale	$0	—	—	$57.0K
Proceeds from sale of property, plant and equipment	$0	$0	—	$99.0K
Proceeds from surrender of life insurance policies	$3.0K	$3.0K	$3.0K	$50.0K
Net cash used for investing activities	($9.6M)	($6.3M)	($1.6M)	($78.8M)
Proceeds from long-term debt	$18.4M	$18.3M	$67.0K	$223.0K
Principal payments on long-term debt	($18.4M)	($18.3M)	($67.0K)	($223.0K)
Cash dividends paid	($21.1M)	($20.6M)	($20.0M)	($21.2M)
Payment of employee tax withholdings related to net share transactions	($278.0K)	($278.0K)	—	($150.0K)
Cash received from exercise of stock options	$0	—	—	$62.0K
Repurchases of common stock	($2.7M)	($745.0K)	($745.0K)	($2.0M)
Net cash used for financing activities	($24.1M)	($21.6M)	($20.7M)	($23.2M)
Net decrease in cash and cash equivalents	($15.7M)	($23.5M)	($23.0M)	($57.9M)
Cash and cash equivalents at beginning of period	$38.6M	$38.6M	$38.6M	$111.5M
Cash and cash equivalents at end of period	$22.9M	$15.1M	$15.6M	$53.7M
Interest	$11.0K	$11.0K	—	—
Income taxes, net	$8.2M	$6.7M	$67.0K	$5.2M
Purchases of property, plant and equipment in accounts payable	$364.0K	$1.4M	$1.8M	$1.4M
Restricted stock units and stock options surrendered for withholding taxes payable	$278.0K	$278.0K	—	$150.0K

Insteel Industries Inc score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.