Clearfield, Inc.CLFDEarnings & Financial Report
Clearfield, Inc. is a company headquartered in Minneapolis, Minnesota. The company produces fiber optic products.
Revenue
$49.9M
Gross Profit
$15.2M
Operating Profit
$1.5M
Net Profit
$1.6M
Gross Margin
30.5%
Operating Margin
3.0%
Net Margin
3.2%
YoY Growth
2.3%
EPS
$0.11
Clearfield, Inc. Q3 FY2025 Financial Summary
Clearfield, Inc. reported revenue of $49.9M (up 2.3% YoY) for Q3 FY2025, with a net profit of $1.6M (up 459.3% YoY) (3.2% margin). Cost of goods sold was $34.7M, operating expenses totaled $13.7M.
Key Financial Metrics
| Total Revenue | $49.9M |
|---|---|
| Net Profit | $1.6M |
| Gross Margin | 30.5% |
| Operating Margin | 3.0% |
| Report Period | Q3 FY2025 |
Revenue Breakdown
Clearfield, Inc. Q3 FY2025 revenue of $49.9M breaks down across 2 segments, led by Clearfield at $38.8M (77.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Clearfield | $38.8M | 77.7% |
| Nestor Cables | $11.1M | 22.3% |
Clearfield, Inc. Revenue by Segment — Quarterly Trend
Clearfield, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Clearfield and Nestor Cables) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Clearfield | — | — | $38.8M | $40.6M |
| Nestor Cables | — | — | $11.1M | $6.5M |
Clearfield, Inc. Annual Revenue by Year
Clearfield, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $150.1M).
| Year | Annual Revenue |
|---|---|
| 2025 | $150.1M |
| 2024 | $125.6M |
| 2023 | $225.7M |
| 2022 | $270.9M |
Clearfield, Inc. Quarterly Revenue & Net Profit History
Clearfield, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $34.3M | -3.2% | $-614.0K | -1.8% |
| Q4 FY2025 | $23.4M | +314.6% | $-9.1M | -38.8% |
| Q3 FY2025 | $49.9M | +2.3% | $1.6M | 3.2% |
| Q2 FY2025 | $47.2M | +27.8% | $1.3M | 2.8% |
| Q1 FY2025 | $29.7M | -13.2% | $-1.9M | -6.4% |
| Q4 FY2024 | $5.6M | -15.7% | N/A | N/A |
| Q3 FY2024 | $48.8M | -20.4% | $-447.0K | -0.9% |
| Q2 FY2024 | $36.9M | -48.6% | $-5.9M | -16.0% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $36.9M | $48.8M | $5.6M | $29.7M | $47.2M | $49.9M | $23.4M | $34.3M |
| YoY Growth | -48.6% | -20.4% | -15.7% | -13.2% | 27.8% | 2.3% | 314.6% | -3.2% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $315.4M | $318.1M | $315.3M | $303.2M | $310.9M | $314.7M | $306.2M | $268.1M |
| Liabilities | $36.2M | $43.5M | $39.5M | $35.8M | $45.0M | $50.2M | $50.0M | $18.4M |
| Equity | $279.2M | $274.6M | $275.8M | $267.4M | $265.9M | $264.5M | $256.2M | $249.7M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $-5.7M | $4.0M | $22.2M | $7.2M | $3.0M | $7.9M | $-1.4M |