INSTEEL INDUSTRIES INC (IIIN) Form 8-K — Oct 22, 2026
Insteel Industries reported Q4 FY2026 net earnings of $7.7 million, or $0.40 per share, down from $14.6 million ($0.74) a year ago, as gross margin compressed to 10.0% from 16.1% on historically high domestic wire rod prices and freight and operating cost inflation that outpaced its 6.6% selling price increases. Revenue was a bright spot: net sales rose 17.9% to $209.3 million on higher prices and a 10.6% shipment increase, aided by an extra week in the fiscal calendar and a broader engineered structural mesh customer base in a soft construction market.
Key figures
- Eps
- 0.4
- Revenue
- 209300000
- Guidance
- Fiscal 2027 supported by favorable demand outlook; capex expected at approximately $30.0 million; ESM growth trend expected to continue throughout 2027
- Net Income
- 7700000
- Revenue Yoy
- 17.9%
- Total Assets
- 480391000
- Cash Position
- 37500000
- Fy eps
- 1.51
- Fy capex
- 11800000
- Revolver
- 100000000
- Fy net sales
- 739500000
- Asp increase q4
- 6.6%
- Fy gross margin
- 10.2%
- Fy net earnings
- 29500000
- Q4 gross margin
- 10.0%
- Fy prior year eps
- 2.1
- Q4 prior year eps
- 0.74
- Fy2027 capex guidance
- 30000000
- Shares repurchased q4
- 15000
- Shipments increase q4
- 10.6%
- Fy prior year net sales
- 647700000
- Shares repurchased fy2026
- 114000
- Operating cash flow fy2026
- 36600000
- Q4 prior year gross margin
- 16.1%
- Q4 prior year net earnings
- 14600000
- Returned to shareholders fy2026
- 24900000
AI analysis
Red flags4 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.