---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-001272"
form_type: "8-K"
ticker: "IIIN"
cik: "0000764401"
company_name: "INSTEEL INDUSTRIES INC"
filed_at: "2022-01-20T23:59:59+00:00"
generated_at: "2026-06-27T17:00:54.427681+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Insteel Q1 revenue $178.5M record; EPS $1.18 up 181% YoY; special dividend $2.00

## Summary
- Record quarterly revenue of $178.5M, up 49.2% YoY; net earnings $23.1M ($1.18 diluted EPS).
- Gross margin widened 710 bps to 23.7% from 16.6% on higher spreads between selling prices and raw material costs.
- Shipments fell 11.9% YoY due to tight raw material supply; average selling prices rose 69.4%.
- Paid $38.8M special cash dividend ($2.00/share) on Dec 17, 2021, plus regular $0.03/share quarterly dividend.
- Outlook: optimistic with Infrastructure Bill expected to boost demand in late 2022; capex up to $25M in FY2022.

## SEC filing metadata
- accession: 0001437749-22-001272
- form_type: 8-K
- ticker: IIIN
- cik: 0000764401
- company_name: INSTEEL INDUSTRIES INC
- filed_at: 2022-01-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/764401/000143774922001272/0001437749-22-001272-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/764401/000143774922001272/iiin20220118_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-001272
- JSON: https://secwatch.observer/filing/0001437749-22-001272.json
- Plain text: https://secwatch.observer/filing/0001437749-22-001272.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.