“The increase in accounts payable and accrued expenses was largely due to the timing of payments related to raw material purchases, higher unit costs and increased accruals for salaries, wages and related expenses.”10-Q · Apr 16, 2026 ↗
Insteel Industries Inc.
IIIN
Market read
Insteel Industries Inc.'s current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 26 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.
- IIIN's market-adjusted activity becomes unusual and at least one connected name confirms.
Invalidation: The isolated read changes if IIIN's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 26 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- IIIN's market-adjusted activity becomes unusual and at least one connected name confirms.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Latest annual revenue changed +22.4% year over year.
- Net margin changed +2.7 percentage points in the latest annual period.
- Demand and volume has repeated favorable evidence across 3 filings.
- Input and raw-material costs has repeated adverse evidence across 4 filings.
- Pricing and mix has repeated adverse evidence across 4 filings.
- Restructuring and cost reductions has repeated adverse evidence across 4 filings.
- P/E is 78% below the available filing-peer median; determine whether growth and quality justify the difference.
- EV/sales is 79% below the available filing-peer median; determine whether growth and quality justify the difference.
Price as of Sep 11, 2026
30.58Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“The increase in average selling prices was driven by price increases implemented to recover higher raw material and operating costs.”10-Q · Apr 16, 2026 ↗
“Net Earnings Net earnings for the first half of 2026 increased to $12.8 million ($0.65 per diluted share) from $11.3 million ($0.58 per share) in the prior year period primarily due to the increase in gross profit and the net change in restructuring charges a…”10-Q · Apr 16, 2026 ↗
“The increase in shipments was primarily due to favorable demand trends in the infrastructure and commercial construction markets and incremental contributions from our prior year acquisitions.”10-Q · Jan 15, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 0.9× · EV/sales 0.9×. Comparisons use only industry-matched filing peers.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for IIIN. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for IIIN. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind IIIN
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
NUENucor CorporationcompetitorOct 23, 2025 ▾
“Some of our competitors, such as Wire Mesh Corporation, Nucor Corporation and Oklahoma Steel and Wire, are vertically integrated companies that produce both wire rod and concrete reinforcing products and offer multiple product lines over broad geographic area…”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
IIIN is currently a Follower in the organic co-movement group Industrial & Healthcare Solutions. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for IIIN; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.