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Side-by-side financial comparison of BGSF, INC. (BGSF) and Clearfield, Inc. (CLFD). Click either name above to swap in a different company.

Clearfield, Inc. is the larger business by last-quarter revenue ($34.3M vs $22.0M, roughly 1.6× BGSF, INC.). Clearfield, Inc. runs the higher net margin — -1.8% vs -5.3%, a 3.5% gap on every dollar of revenue. On growth, Clearfield, Inc. posted the faster year-over-year revenue change (-3.2% vs -9.4%). BGSF, INC. produced more free cash flow last quarter ($1.7M vs $-2.4M). Over the past eight quarters, Clearfield, Inc.'s revenue compounded faster (-3.5% CAGR vs -5.3%).

BGSF Inc. is a leading U.S.-headquartered workforce solutions firm that provides tailored staffing, talent recruitment, and end-to-end workforce management services. It serves core segments including information technology, healthcare, professional administration, light industrial, and creative industries, catering to small, mid-sized and large enterprise clients across North America.

Clearfield, Inc. is a company headquartered in Minneapolis, Minnesota. The company produces fiber optic products.

BGSF vs CLFD — Head-to-Head

Bigger by revenue
CLFD
CLFD
1.6× larger
CLFD
$34.3M
$22.0M
BGSF
Growing faster (revenue YoY)
CLFD
CLFD
+6.2% gap
CLFD
-3.2%
-9.4%
BGSF
Higher net margin
CLFD
CLFD
3.5% more per $
CLFD
-1.8%
-5.3%
BGSF
More free cash flow
BGSF
BGSF
$4.1M more FCF
BGSF
$1.7M
$-2.4M
CLFD
Faster 2-yr revenue CAGR
CLFD
CLFD
Annualised
CLFD
-3.5%
-5.3%
BGSF

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BGSF
BGSF
CLFD
CLFD
Revenue
$22.0M
$34.3M
Net Profit
$-1.2M
$-614.0K
Gross Margin
35.0%
33.2%
Operating Margin
-17.6%
-5.3%
Net Margin
-5.3%
-1.8%
Revenue YoY
-9.4%
-3.2%
Net Profit YoY
-18.2%
67.8%
EPS (diluted)
$-0.12
$-0.04

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BGSF
BGSF
CLFD
CLFD
Q4 25
$22.0M
$34.3M
Q3 25
$26.9M
$23.4M
Q2 25
$23.5M
$49.9M
Q1 25
$20.9M
$47.2M
Q4 24
$24.3M
$29.7M
Q3 24
$29.8M
$5.6M
Q2 24
$25.7M
$48.8M
Q1 24
$24.5M
$36.9M
Net Profit
BGSF
BGSF
CLFD
CLFD
Q4 25
$-1.2M
$-614.0K
Q3 25
$-5.8M
$-9.1M
Q2 25
$-3.7M
$1.6M
Q1 25
$-722.0K
$1.3M
Q4 24
$-981.0K
$-1.9M
Q3 24
$-804.0K
Q2 24
$-761.0K
$-447.0K
Q1 24
$-792.0K
$-5.9M
Gross Margin
BGSF
BGSF
CLFD
CLFD
Q4 25
35.0%
33.2%
Q3 25
35.9%
53.2%
Q2 25
35.8%
30.5%
Q1 25
36.2%
30.1%
Q4 24
35.9%
29.2%
Q3 24
35.9%
Q2 24
37.3%
21.9%
Q1 24
38.1%
7.7%
Operating Margin
BGSF
BGSF
CLFD
CLFD
Q4 25
-17.6%
-5.3%
Q3 25
-3.5%
10.3%
Q2 25
-18.8%
3.0%
Q1 25
1.6%
0.6%
Q4 24
-15.7%
-6.9%
Q3 24
-3.4%
Q2 24
-5.7%
-4.7%
Q1 24
1.7%
-26.4%
Net Margin
BGSF
BGSF
CLFD
CLFD
Q4 25
-5.3%
-1.8%
Q3 25
-21.6%
-38.8%
Q2 25
-15.9%
3.2%
Q1 25
-3.5%
2.8%
Q4 24
-4.0%
-6.4%
Q3 24
-2.7%
Q2 24
-3.0%
-0.9%
Q1 24
-3.2%
-16.0%
EPS (diluted)
BGSF
BGSF
CLFD
CLFD
Q4 25
$-0.12
$-0.04
Q3 25
$-0.52
$-0.65
Q2 25
$-0.34
$0.11
Q1 25
$-0.06
$0.09
Q4 24
$-0.13
Q3 24
$-0.07
Q2 24
$-0.07
$-0.04
Q1 24
$-0.40

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BGSF
BGSF
CLFD
CLFD
Cash + ST InvestmentsLiquidity on hand
$96.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$48.1M
$249.7M
Total Assets
$57.8M
$268.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BGSF
BGSF
CLFD
CLFD
Q4 25
$96.4M
Q3 25
$41.2M
$106.0M
Q2 25
$2.8M
$117.2M
Q1 25
$2.0M
$112.0M
Q4 24
$32.0K
$113.0M
Q3 24
$262
$129.0M
Q2 24
$226
$123.8M
Q1 24
$50
$142.9M
Total Debt
BGSF
BGSF
CLFD
CLFD
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$2.2M
Q2 24
$2.1M
Q1 24
Stockholders' Equity
BGSF
BGSF
CLFD
CLFD
Q4 25
$48.1M
$249.7M
Q3 25
$50.7M
$256.2M
Q2 25
$78.3M
$264.5M
Q1 25
$81.8M
$265.9M
Q4 24
$82.3M
$267.4M
Q3 24
$82.9M
$275.8M
Q2 24
$83.2M
$274.6M
Q1 24
$83.6M
$279.2M
Total Assets
BGSF
BGSF
CLFD
CLFD
Q4 25
$57.8M
$268.1M
Q3 25
$83.6M
$306.2M
Q2 25
$149.7M
$314.7M
Q1 25
$152.3M
$310.9M
Q4 24
$150.1M
$303.2M
Q3 24
$157.3K
$315.3M
Q2 24
$159.8K
$318.1M
Q1 24
$170.6K
$315.4M
Debt / Equity
BGSF
BGSF
CLFD
CLFD
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.01×
Q2 24
0.01×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BGSF
BGSF
CLFD
CLFD
Operating Cash FlowLast quarter
$1.7M
$-1.4M
Free Cash FlowOCF − Capex
$1.7M
$-2.4M
FCF MarginFCF / Revenue
7.6%
-7.1%
Capex IntensityCapex / Revenue
0.1%
2.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-16.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BGSF
BGSF
CLFD
CLFD
Q4 25
$1.7M
$-1.4M
Q3 25
$-4.8M
Q2 25
$2.2M
$7.9M
Q1 25
$1.1M
$3.0M
Q4 24
$3.2M
$7.2M
Q3 24
$6.5M
$22.2M
Q2 24
$7.3M
$4.0M
Q1 24
$7.4M
$-5.7M
Free Cash Flow
BGSF
BGSF
CLFD
CLFD
Q4 25
$1.7M
$-2.4M
Q3 25
$-4.9M
Q2 25
$2.1M
$7.5M
Q1 25
$1.0M
$654.0K
Q4 24
$2.5M
$5.1M
Q3 24
$6.5M
$18.2M
Q2 24
$7.3M
$2.8M
Q1 24
$6.9M
$-7.7M
FCF Margin
BGSF
BGSF
CLFD
CLFD
Q4 25
7.6%
-7.1%
Q3 25
-18.1%
Q2 25
9.1%
15.1%
Q1 25
5.0%
1.4%
Q4 24
10.2%
17.1%
Q3 24
21.7%
323.0%
Q2 24
28.5%
5.8%
Q1 24
28.1%
-20.8%
Capex Intensity
BGSF
BGSF
CLFD
CLFD
Q4 25
0.1%
2.9%
Q3 25
0.4%
2.0%
Q2 25
0.0%
0.8%
Q1 25
0.1%
5.1%
Q4 24
3.0%
7.0%
Q3 24
0.0%
71.4%
Q2 24
0.0%
2.5%
Q1 24
2.0%
5.3%
Cash Conversion
BGSF
BGSF
CLFD
CLFD
Q4 25
Q3 25
Q2 25
4.93×
Q1 25
2.30×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BGSF
BGSF

Contract Field Talent$21.4M97%
Other$595.0K3%

CLFD
CLFD

Segment breakdown not available.

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