Insteel FY26 Q3 net earnings drop 40.5% to $9 million; net sales rise 9.9% to $197.7 million

Insteel Industries, Inc.

Insteel Industries, Inc.

IIIN

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  • Insteel posted fiscal Q3 net earnings of USD 9 million, or USD 0.46 per share, down from the year-ago quarter.
  • Net sales rose 9.9% to USD 197.7 million, driven by an 8% increase in average selling prices.
  • Gross profit fell to USD 20.1 million; gross margin narrowed 6.9 percentage points to 10.2%.
  • Operating cash flow dropped to USD 13.7 million; cash ended at USD 22.9 million with no debt outstanding.
  • Repurchased 75,000 shares for USD 1.9 million; CEO H.O. Woltz III cited healthy infrastructure demand and a favorable outlook for the rest of fiscal 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Insteel Industries Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260716182138) on July 16, 2026, and is solely responsible for the information contained therein.