---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-024495"
form_type: "8-K"
ticker: "IIIN"
cik: "0000764401"
company_name: "INSTEEL INDUSTRIES INC"
filed_at: "2022-10-21T23:59:59+00:00"
generated_at: "2026-06-23T02:06:55.017686+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Insteel reports record FY2022 net earnings $125M ($6.37 EPS); Q4 EPS $1.24 vs $1.28

## Summary
- FY2022 record net earnings $125.0M ($6.37 diluted EPS) vs $66.6M ($3.41) prior year; net sales up 40% to $826.8M.
- Q4 net earnings $24.3M ($1.24) vs $25.2M ($1.28); net sales up 21.4% to $208.0M.
- Q4 gross margin 19.1% down 420bps YoY; ASPs up 26.1% but shipments down 3.7% and 6% sequentially.
- Debt-free with $48.3M cash; FY2023 capex up to $30M for structural mesh growth and cost improvements.
- Outlook optimistic on non-residential demand and Infrastructure Act benefits; monitoring residential weakness.

## SEC filing metadata
- accession: 0001437749-22-024495
- form_type: 8-K
- ticker: IIIN
- cik: 0000764401
- company_name: INSTEEL INDUSTRIES INC
- filed_at: 2022-10-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/764401/000143774922024495/0001437749-22-024495-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/764401/000143774922024495/iiin20221018_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-024495
- JSON: https://secwatch.observer/filing/0001437749-22-024495.json
- Plain text: https://secwatch.observer/filing/0001437749-22-024495.txt

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