---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-009459"
form_type: "8-K"
ticker: "IIIN"
cik: "0000764401"
company_name: "INSTEEL INDUSTRIES INC"
filed_at: "2022-04-22T23:59:59+00:00"
generated_at: "2026-06-26T05:30:37.792972+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Insteel reports record Q2 net earnings of $39M ($1.99 EPS); sales up 53% YoY

## Summary
- Record Q2 net earnings of $39.0M ($1.99 diluted EPS) vs $14.9M ($0.76) a year ago.
- Net sales rose 53% to $213.2M; average selling prices up 65.4%, shipments down 7.2%.
- Gross margin widened to 26.8% from 21.7% on higher spreads between selling prices and raw material costs.
- Debt-free with $69.7M cash; no borrowings on $100M revolver; capex expected up to $25M in FY2022.
- CEO cites robust demand across non-residential markets and expects continued strong performance.

## SEC filing metadata
- accession: 0001437749-22-009459
- form_type: 8-K
- ticker: IIIN
- cik: 0000764401
- company_name: INSTEEL INDUSTRIES INC
- filed_at: 2022-04-22T23:59:59+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/764401/000143774922009459/0001437749-22-009459-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/764401/000143774922009459/iiin20220419_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-009459
- JSON: https://secwatch.observer/filing/0001437749-22-009459.json
- Plain text: https://secwatch.observer/filing/0001437749-22-009459.txt

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