Clearfield, Inc. (CLFD)
Q4-CY2025Q3-CY2025Q2-CY2025Q1-CY2025Q4-CY2024Q3-CY2024Q2-CY2024Q1-CY2024Q4-CY2023Q3-CY2023Q2-CY2023Q1-CY2023Q4-CY2022Q3-CY2022Q2-CY2022Q1-CY2022Q4-CY2021Q3-CY2021Q2-CY2021Q1-CY2021Q4-CY2020Q3-CY2020Q2-CY2020Q1-CY2020Q4-CY2019Q3-CY2019Q2-CY2019Q1-CY2019Q4-CY2018Q3-CY2018Q2-CY2018Q1-CY2018Q4-CY2017Q3-CY2017Q2-CY2017Q1-CY2017Q4-CY2016Q3-CY2016Q2-CY2016Q1-CY2016Q4-CY2015Q3-CY2015Q2-CY2015Q1-CY2015Q4-CY2014Q3-CY2014Q2-CY2014Q1-CY2014Q4-CY2013
Balance Sheet Date2025-Sep-302025-Jun-302025-Mar-312024-Dec-312024-Sep-302024-Jun-302024-Mar-312023-Dec-312023-Sep-302023-Jun-302023-Mar-312022-Dec-312022-Sep-302022-Jun-302022-Mar-312021-Dec-312021-Sep-302021-Jun-302021-Mar-312020-Dec-312020-Sep-302020-Jun-302020-Mar-312019-Dec-312019-Sep-302019-Jun-302019-Mar-312018-Dec-312018-Sep-302018-Jun-302018-Mar-312017-Dec-312017-Sep-302017-Jun-302017-Mar-312016-Dec-312016-Sep-302016-Jun-302016-Mar-312015-Dec-312015-Sep-302015-Jun-302015-Mar-312014-Dec-312014-Sep-302014-Jun-302014-Mar-312013-Dec-31
Fiscal PeriodQ4-FY2025Q3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q1-FY2024Q4-FY2023Q3-FY2023Q2-FY2023Q1-FY2023Q4-FY2022Q3-FY2022Q2-FY2022Q1-FY2022Q4-FY2021Q3-FY2021Q2-FY2021Q1-FY2021Q4-FY2020Q3-FY2020Q2-FY2020Q1-FY2020Q4-FY2019Q3-FY2019Q2-FY2019Q1-FY2019Q4-FY2018Q3-FY2018Q2-FY2018Q1-FY2018Q4-FY2017Q3-FY2017Q2-FY2017Q1-FY2017Q4-FY2016Q3-FY2016Q2-FY2016Q1-FY2016Q4-FY2015Q3-FY2015Q2-FY2015Q1-FY2015Q4-FY2014Q3-FY2014Q2-FY2014Q1-FY2014
Total Revenue17,587,000$49,903,000$47,168,000$35,476,000$5,635,000$48,793,000$36,910,000$34,230,000$6,687,000$61,284,000$71,809,000$85,942,000$95,029,000$71,250,000$53,495,000$51,109,000$45,236,000$38,735,000$29,692,000$27,092,000$27,318,455$25,970,045$20,408,509$19,377,991$23,968,423$21,892,244$19,084,365$20,089,150$22,472,985$21,480,590$16,830,895$16,866,884$18,418,770$19,611,297$17,651,771$18,266,162$21,052,104$21,598,720$16,947,187$15,689,715$15,770,602$18,195,911$12,370,784$13,986,620$14,320,881$14,362,934$13,213,855$16,147,622$
QoQ%(64.76%)5.80%32.96%529.57%(88.45%)32.20%7.83%411.89%(89.09%)(14.66%)(16.45%)(9.56%)33.37%33.19%4.67%12.98%16.78%30.46%9.60%(.83%)5.19%27.25%5.32%(19.15%)9.48%14.71%(5.00%)(10.61%)4.62%27.63%(.21%)(8.42%)(6.08%)11.10%(3.36%)(13.23%)(2.53%)27.45%8.02%(.51%)(13.33%)47.09%(11.55%)(2.33%)(.29%)8.70%(18.17%)(15.19%)
YoY%212.10%2.28%27.79%3.64%(15.73%)(20.38%)(48.60%)(60.17%)(92.96%)(13.99%)34.24%68.15%110.07%83.94%80.17%88.65%65.59%49.15%45.49%39.81%13.98%18.63%6.94%(3.54%)6.65%1.92%13.39%19.10%22.01%9.53%(4.65%)(7.66%)(12.51%)(9.20%)4.16%16.42%33.49%18.70%36.99%12.18%10.12%26.69%(6.38%)(13.38%)(24.78%)6.12%25.67%57.30%
Cost Of Revenue4,657,000$34,669,000$32,976,000$27,294,000$(1,991,000$)38,101,000$34,078,000$29,533,000$115,000$42,210,000$48,246,000$55,293,000$57,525,000$41,943,000$30,331,000$28,137,000$25,507,000$21,598,000$16,750,000$15,723,000$16,072,593$15,179,875$12,257,076$11,650,456$14,663,868$13,479,617$12,059,122$12,142,452$13,856,487$12,988,545$10,051,061$9,758,477$10,742,914$11,674,047$10,208,957$11,057,442$11,479,298$12,258,523$9,666,738$9,012,919$9,195,340$10,399,171$7,617,347$8,244,106$8,423,776$8,319,481$7,493,292$9,209,977$
Gross Profit12,930,000$15,234,000$14,192,000$8,182,000$7,626,000$10,692,000$2,832,000$4,697,000$6,572,000$19,074,000$23,563,000$30,649,000$37,504,000$29,307,000$23,164,000$22,972,000$19,729,000$17,137,000$12,942,000$11,369,000$11,245,862$10,790,170$8,151,433$7,727,535$9,304,555$8,412,627$7,025,243$7,946,698$8,616,498$8,492,045$6,779,834$7,108,407$7,675,475$7,937,250$7,442,814$7,208,720$9,572,806$9,340,197$7,280,449$6,676,796$6,575,262$7,796,740$4,753,437$5,742,514$5,897,105$6,043,453$5,720,563$6,937,645$
Gross Margin73.52%30.53%30.09%23.06%135.33%21.91%7.67%13.72%98.28%31.12%32.81%35.66%39.47%41.13%43.30%44.95%43.61%44.24%43.59%41.96%41.17%41.55%39.94%39.88%38.82%38.43%36.81%39.56%38.34%39.53%40.28%42.14%41.67%40.47%42.17%39.47%45.47%43.24%42.96%42.56%41.69%42.85%38.43%41.06%41.18%42.08%43.29%42.96%
Operating Expenses8,596,000$13,738,000$13,930,000$12,158,000$6,651,000$12,998,000$12,573,000$12,859,000$4,566,000$13,449,000$11,508,000$12,759,000$15,253,000$12,721,000$11,233,000$9,923,000$10,362,000$9,435,000$8,490,000$7,656,000$7,565,962$7,207,157$7,431,261$7,326,620$7,126,376$6,870,994$6,727,744$6,775,875$6,069,011$6,087,362$7,305,589$6,463,971$6,157,981$6,614,693$6,162,178$6,017,524$6,426,237$5,878,352$5,136,952$4,697,015$4,555,533$4,845,764$4,289,304$4,125,997$4,225,453$4,185,157$3,805,011$3,865,019$
Operating Income4,334,000$1,496,000$262,000$(3,976,000$)975,000$(2,306,000$)(9,741,000$)(8,162,000$)2,006,000$5,625,000$12,055,000$17,890,000$22,251,000$16,586,000$11,931,000$13,049,000$9,367,000$7,702,000$4,452,000$3,713,000$3,679,900$3,583,013$720,172$400,915$2,178,179$1,541,633$297,499$1,170,823$2,547,487$2,404,683$(525,755$)644,436$1,517,494$1,322,557$1,280,636$1,191,196$3,146,569$3,461,845$2,143,497$1,979,781$2,019,729$2,950,976$464,133$1,616,517$1,671,652$1,858,296$1,915,552$3,072,626$
Operating Margin24.64%3.00%.56%(11.21%)17.30%(4.73%)(26.39%)(23.85%)30.00%9.18%16.79%20.82%23.42%23.28%22.30%25.53%20.71%19.88%14.99%13.71%13.47%13.80%3.53%2.07%9.09%7.04%1.56%5.83%11.34%11.20%(3.12%)3.82%8.24%6.74%7.26%6.52%14.95%16.03%12.65%12.62%12.81%16.22%3.75%11.56%11.67%12.94%14.50%19.03%
Interest Income1,629,000$1,588,000$1,589,000$1,744,000$1,819,000$1,735,000$1,849,000$2,069,000$1,871,000$1,630,000$1,395,000$303,000$44,000$43,000$121,000$120,000$122,000$121,000$123,000$134,000$155,477$174,555$217,725$223,243$220,985$212,894$169,443$135,137$125,451$116,549$119,379$95,722$87,552$73,759$59,885$52,734$43,086$41,608$39,169$33,539$30,583$24,924$24,528$25,856$25,706$25,544$24,753$19,700$
Interest Expenses106,000$69,000$100,000$125,000$153,000$102,000$126,000$330,000$195,000$112,000$243,000$
Income Before Tax6,238,000$2,978,000$1,782,000$(2,332,000$)3,175,000$(724,000$)(7,994,000$)(6,219,000$)4,258,000$7,060,000$13,338,000$17,950,000$21,984,000$16,629,000$12,052,000$13,169,000$9,489,000$7,823,000$4,575,000$3,847,000$3,835,327$3,757,568$937,897$624,158$2,399,164$1,754,527$466,942$1,305,960$2,672,938$2,521,232$(406,376$)740,158$1,605,046$1,396,316$1,340,521$1,243,930$3,189,655$3,503,453$2,182,666$2,013,320$2,050,312$2,975,900$488,661$1,642,373$1,697,358$1,883,840$1,940,305$3,092,326$
Tax Expenses956,000$1,372,000$455,000$(426,000$)63,000$(277,000$)(2,083,000$)(951,000$)372,000$1,842,000$2,974,000$3,695,000$4,992,000$3,884,000$2,816,000$2,780,000$2,063,000$1,725,000$935,000$684,000$786,000$763,000$190,000$123,000$511,437$454,000$99,000$296,000$791,405$766,000$(101,000$)(203,000$)344,974$593,000$433,000$367,000$519,087$1,141,392$689,687$525,866$679,238$1,023,000$200,000$573,000$647,978$709,000$714,000$1,110,000$
Net Income(9,078,000$)1,606,000$1,327,000$(1,906,000$)(827,000$)(447,000$)(5,911,000$)(5,268,000$)2,696,000$5,218,000$10,364,000$14,255,000$16,992,000$12,745,000$9,236,000$10,389,000$7,426,000$6,098,000$3,640,000$3,163,000$3,049,377$2,994,568$747,897$501,158$1,887,727$1,300,527$367,942$1,009,960$1,881,533$1,755,232$(305,376$)943,158$1,260,072$803,316$907,521$876,930$2,670,568$2,362,061$1,492,979$1,487,454$1,371,074$1,952,900$288,661$1,069,373$1,049,380$1,174,840$1,226,305$1,982,326$
Profit Margin(51.62%)3.22%2.81%(5.37%)(14.68%)(.92%)(16.02%)(15.39%)40.32%8.51%14.43%16.59%17.88%17.89%17.27%20.33%16.42%15.74%12.26%11.68%11.16%11.53%3.67%2.59%7.88%5.94%1.93%5.03%8.37%8.17%(1.81%)5.59%6.84%4.10%5.14%4.80%12.69%10.94%8.81%9.48%8.69%10.73%2.33%7.65%7.33%8.18%9.28%12.28%
TTM(5.36%).15%(1.35%)(7.17%)(9.92%)(7.05%)(2.35%)7.48%14.41%14.91%16.78%17.41%18.22%18.00%17.58%16.72%14.44%12.99%11.67%9.88%7.84%6.83%5.18%4.81%5.37%5.46%6.03%5.37%5.51%4.96%3.77%5.40%5.20%6.87%8.68%9.51%10.64%9.59%9.47%8.22%7.76%7.41%6.51%8.09%9.36%10.96%11.06%10.42%
Earnings to Minority
Earnings to Common Shareholders(9,078,000$)1,606,000$1,327,000$(1,906,000$)(827,000$)(447,000$)(5,911,000$)(5,268,000$)2,696,000$5,218,000$10,364,000$14,255,000$16,992,000$12,745,000$9,236,000$10,389,000$7,426,000$6,098,000$3,640,000$3,163,000$3,049,377$2,994,568$747,897$501,158$1,887,727$1,300,527$367,942$1,009,960$1,881,533$1,755,232$(305,376$)943,158$1,260,072$803,316$907,521$876,930$2,670,568$2,362,061$1,492,979$1,487,454$1,371,074$1,952,900$288,661$1,069,373$1,049,380$1,174,840$1,226,305$1,982,326$
QoQ%(665.26%)21.03%169.62%(130.47%)(85.01%)92.44%(12.21%)(295.40%)(48.33%)(49.65%)(27.30%)(16.11%)33.32%37.99%(11.10%)39.90%21.78%67.53%15.08%3.73%1.83%300.40%49.23%(73.45%)45.15%253.46%(63.57%)(46.32%)7.20%674.78%(132.38%)(25.15%)56.86%(11.48%)3.49%(67.16%)13.06%58.21%.37%8.49%(29.79%)576.54%(73.01%)1.91%(10.68%)(4.20%)(38.14%)(20.59%)
YoY%(997.70%)459.28%122.45%63.82%(130.68%)(108.57%)(157.03%)(136.96%)(84.13%)(59.06%)12.21%37.21%128.82%109.00%153.74%228.45%143.53%103.64%386.70%531.14%61.54%130.26%103.27%(50.38%).33%(25.91%)220.49%7.08%49.32%118.50%(133.65%)7.55%(52.82%)(65.99%)(39.21%)(41.05%)94.78%20.95%417.21%39.10%30.66%66.23%(76.46%)(46.06%)(57.96%)2.43%124.90%263.59%
Earnings Per Share, Basic(0.66$)0.12$0.09$(0.13$)(0.06$)(0.03$)(0.40$)(0.35$)0.18$0.34$0.68$1.01$1.23$0.93$0.67$0.76$0.54$0.44$0.27$0.23$0.22$0.22$0.06$0.04$0.14$0.10$0.03$0.08$0.14$0.13$(0.02$)0.07$0.09$0.06$0.07$0.06$0.20$0.18$0.11$0.11$0.10$0.15$0.02$0.08$0.08$0.09$0.10$0.16$
Earnings Per Share, Diluted(0.66$)0.12$0.09$(0.13$)(0.06$)(0.03$)(0.40$)(0.35$)0.18$0.34$0.68$1.00$1.22$0.92$0.66$0.75$0.54$0.44$0.26$0.23$0.22$0.22$0.06$0.04$0.14$0.10$0.03$0.08$0.14$0.13$(0.02$)0.07$0.09$0.06$0.07$0.06$0.20$0.17$0.11$0.11$0.10$0.14$0.02$0.08$0.08$0.09$0.09$0.15$
Unlevered FCF Per Share, Basic0.54$0.05$0.36$0.64$0.20$(0.52$)0.56$0.25$0.11$0.42$(0.06$)0.84$0.14$(0.82$)0.00$0.20$0.06$0.27$0.17$0.28$(0.01$)0.15$(0.07$)0.33$(0.01$)0.10$0.49$0.00$0.12$0.00$0.13$0.25$0.15$0.00$(0.08$)0.43$0.17$0.01$0.13$0.15$0.06$0.02$(0.05$)(0.04$)0.05$0.26$0.53$
Unlevered FCF Per Share, Diluted0.54$0.05$0.36$0.64$0.20$(0.52$)0.56$0.25$0.11$0.42$(0.06$)0.83$0.14$(0.81$)0.00$0.20$0.06$0.27$0.17$0.28$(0.01$)0.15$(0.07$)0.33$(0.01$)0.10$0.49$0.00$0.12$0.00$0.13$0.25$0.14$0.00$(0.08$)0.43$0.17$0.01$0.12$0.15$0.05$0.02$(0.05$)(0.04$)0.05$0.24$0.50$
Average Shares, Basic13,815,84213,833,74814,095,34114,213,02514,237,61114,249,75514,629,48915,212,94515,250,14915,254,34115,233,84814,165,55013,803,54713,772,26913,767,34113,743,50313,727,20013,732,91313,730,15013,692,53314,042,19913,497,95513,521,17213,512,09413,502,59013,446,28913,422,22213,400,38313,391,99813,430,50313,450,48213,443,94513,450,15213,522,75513,589,10913,567,48413,494,94713,397,50913,309,18113,288,67913,250,50513,200,12113,191,23413,222,18013,182,86313,045,91312,746,90412,689,412
Average Shares, Diluted13,815,84213,833,74814,095,34114,213,02514,237,61114,249,75514,629,48915,212,94515,250,15115,254,34115,260,76914,284,84713,923,61513,899,69813,902,83613,897,78713,848,07213,812,51013,779,77913,696,81513,932,06713,497,95513,521,17213,622,22613,502,59013,451,67113,450,21213,400,38313,454,03813,430,50313,450,48213,476,41713,450,15213,598,58213,803,69713,790,79313,689,49613,806,92813,581,81013,575,16213,607,17313,614,94913,546,57213,581,43413,700,71713,547,94813,613,28713,544,424
EBIT6,238,000$3,084,000$1,851,000$(2,232,000$)3,300,000$(571,000$)(7,892,000$)(6,093,000$)4,588,000$7,255,000$13,450,000$18,193,000$21,984,000$16,629,000$12,052,000$13,169,000$9,489,000$7,823,000$4,575,000$3,847,000$3,835,327$3,757,568$937,897$624,158$2,399,164$1,754,527$466,942$1,305,960$2,672,938$2,521,232$(406,376$)740,158$1,605,046$1,396,316$1,340,521$1,243,930$3,189,655$3,503,453$2,182,666$2,013,320$2,050,312$2,975,900$488,661$1,642,373$1,697,358$1,883,840$1,940,305$3,092,326$
EBITDA6,593,000$5,001,000$3,727,000$(394,000$)3,743,000$1,339,000$(5,972,000$)(4,442,000$)4,772,000$8,834,000$14,908,000$19,546,000$23,205,000$17,472,000$12,775,000$13,808,000$10,066,000$8,409,000$5,146,000$4,415,000$4,432,810$4,371,124$1,541,886$1,231,130$2,964,179$2,303,897$1,001,552$1,835,374$3,174,023$3,077,981$147,338$1,176,356$2,021,371$1,801,949$1,752,032$1,632,555$3,570,560$3,865,574$2,540,093$2,362,069$2,395,703$3,300,810$804,543$1,872,273$1,905,065$2,066,167$2,098,230$3,244,236$