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Side-by-side financial comparison of Can-Fite BioPharma Ltd. (CANF) and Clearwater Paper Corp (CLW). Click either name above to swap in a different company.

Clearwater Paper Corp is the larger business by last-quarter revenue ($360.3K vs $202.0K, roughly 1.8× Can-Fite BioPharma Ltd.). Clearwater Paper Corp runs the higher net margin — -3.6% vs -2413.9%, a 2410.3% gap on every dollar of revenue. On growth, Clearwater Paper Corp posted the faster year-over-year revenue change (-4.7% vs -36.1%).

Can-Fite BioPharma Ltd. is a clinical-stage biopharmaceutical company focused on developing proprietary small molecule therapeutics targeting adenosine receptors. Its product pipeline addresses unmet medical needs across oncology, inflammatory diseases, and liver disorders, with operations serving global healthcare markets and research partnership networks worldwide.

Clearwater Paper Corporation is an American pulp and paperboard manufacturer. The company was created on December 9, 2008, via a spin-off from Potlatch Corporation and is headquartered in Spokane, Washington.

CANF vs CLW — Head-to-Head

Bigger by revenue
CLW
CLW
1.8× larger
CLW
$360.3K
$202.0K
CANF
Growing faster (revenue YoY)
CLW
CLW
+31.3% gap
CLW
-4.7%
-36.1%
CANF
Higher net margin
CLW
CLW
2410.3% more per $
CLW
-3.6%
-2413.9%
CANF

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
CANF
CANF
CLW
CLW
Revenue
$202.0K
$360.3K
Net Profit
$-4.9M
$-12.8K
Gross Margin
-0.2%
Operating Margin
-2424.8%
Net Margin
-2413.9%
-3.6%
Revenue YoY
-36.1%
-4.7%
Net Profit YoY
-23.2%
-103.2%
EPS (diluted)
$0.00

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
CANF
CANF
CLW
CLW
Q1 26
$360.3K
Q4 25
$386.4M
Q3 25
$399.0M
Q2 25
$202.0K
$391.8M
Q1 25
$378.2M
Q4 24
$387.1M
Q3 24
$393.3M
Q2 24
$316.0K
$344.4M
Net Profit
CANF
CANF
CLW
CLW
Q1 26
$-12.8K
Q4 25
$38.3M
Q3 25
$-53.3M
Q2 25
$-4.9M
$2.7M
Q1 25
$-6.3M
Q4 24
$199.1M
Q3 24
$5.8M
Q2 24
$-4.0M
$-25.8M
Gross Margin
CANF
CANF
CLW
CLW
Q1 26
-0.2%
Q4 25
4.5%
Q3 25
4.7%
Q2 25
11.0%
Q1 25
9.7%
Q4 24
3.8%
Q3 24
7.7%
Q2 24
-0.6%
Operating Margin
CANF
CANF
CLW
CLW
Q1 26
Q4 25
1.9%
Q3 25
-13.9%
Q2 25
-2424.8%
2.5%
Q1 25
-1.1%
Q4 24
-4.0%
Q3 24
-0.3%
Q2 24
-1295.6%
-13.6%
Net Margin
CANF
CANF
CLW
CLW
Q1 26
-3.6%
Q4 25
9.9%
Q3 25
-13.4%
Q2 25
-2413.9%
0.7%
Q1 25
-1.7%
Q4 24
51.4%
Q3 24
1.5%
Q2 24
-1252.2%
-7.5%
EPS (diluted)
CANF
CANF
CLW
CLW
Q1 26
Q4 25
$2.36
Q3 25
$-3.30
Q2 25
$0.00
$0.17
Q1 25
$-0.38
Q4 24
$11.87
Q3 24
$0.35
Q2 24
$0.00
$-1.55

Balance Sheet & Financial Strength

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

Metric
CANF
CANF
CLW
CLW
Cash + ST InvestmentsLiquidity on hand
$6.5M
$36.5M
Total DebtLower is stronger
$361.1M
Stockholders' EquityBook value
$4.2M
$813.8M
Total Assets
$7.7M
$1.6B
Debt / EquityLower = less leverage
0.44×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CANF
CANF
CLW
CLW
Q1 26
$36.5M
Q4 25
$30.7M
Q3 25
$34.4M
Q2 25
$6.5M
$46.7M
Q1 25
$44.0M
Q4 24
$79.6M
Q3 24
$35.5M
Q2 24
$4.7M
$39.6M
Total Debt
CANF
CANF
CLW
CLW
Q1 26
$361.1M
Q4 25
$346.8M
Q3 25
$337.0M
Q2 25
$330.1M
Q1 25
Q4 24
$283.4M
Q3 24
$1.2B
Q2 24
$1.1B
Stockholders' Equity
CANF
CANF
CLW
CLW
Q1 26
$813.8M
Q4 25
$825.3M
Q3 25
$783.0M
Q2 25
$4.2M
$836.8M
Q1 25
$836.6M
Q4 24
$854.6M
Q3 24
$664.6M
Q2 24
$2.5M
$658.6M
Total Assets
CANF
CANF
CLW
CLW
Q1 26
$1.6B
Q4 25
$1.6B
Q3 25
$1.6B
Q2 25
$7.7M
$1.6B
Q1 25
$1.6B
Q4 24
$1.7B
Q3 24
$2.5B
Q2 24
$5.9M
$2.5B
Debt / Equity
CANF
CANF
CLW
CLW
Q1 26
0.44×
Q4 25
0.42×
Q3 25
0.43×
Q2 25
0.39×
Q1 25
Q4 24
0.33×
Q3 24
1.73×
Q2 24
1.74×

Cash Flow & Capital Efficiency

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

Metric
CANF
CANF
CLW
CLW
Operating Cash FlowLast quarter
$-4.8M
Free Cash FlowOCF − Capex
$-4.8M
FCF MarginFCF / Revenue
-2353.0%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CANF
CANF
CLW
CLW
Q1 26
Q4 25
$5.0M
Q3 25
$34.0M
Q2 25
$-4.8M
$-28.2M
Q1 25
$1.5M
Q4 24
$-35.1M
Q3 24
$16.2M
Q2 24
$-4.0M
$21.1M
Free Cash Flow
CANF
CANF
CLW
CLW
Q1 26
Q4 25
$-9.9M
Q3 25
$15.7M
Q2 25
$-4.8M
$-51.1M
Q1 25
$-31.2M
Q4 24
$-68.1M
Q3 24
$-30.8M
Q2 24
$-4.0M
$3.0M
FCF Margin
CANF
CANF
CLW
CLW
Q1 26
Q4 25
-2.6%
Q3 25
3.9%
Q2 25
-2353.0%
-13.0%
Q1 25
-8.2%
Q4 24
-17.6%
Q3 24
-7.8%
Q2 24
-1278.5%
0.9%
Capex Intensity
CANF
CANF
CLW
CLW
Q1 26
Q4 25
3.9%
Q3 25
4.6%
Q2 25
0.5%
5.8%
Q1 25
8.6%
Q4 24
8.5%
Q3 24
12.0%
Q2 24
1.3%
5.3%
Cash Conversion
CANF
CANF
CLW
CLW
Q1 26
Q4 25
0.13×
Q3 25
Q2 25
-10.44×
Q1 25
Q4 24
-0.18×
Q3 24
2.79×
Q2 24

Financial Flow Comparison

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

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