vs

Side-by-side financial comparison of Clarus Corp (CLAR) and NPK International Inc. (NPKI). Click either name above to swap in a different company.

NPK International Inc. is the larger business by last-quarter revenue ($75.2M vs $65.4M, roughly 1.1× Clarus Corp). On growth, NPK International Inc. posted the faster year-over-year revenue change (30.7% vs -8.4%). Clarus Corp produced more free cash flow last quarter ($11.6M vs $5.8M). Over the past eight quarters, NPK International Inc.'s revenue compounded faster (23.9% CAGR vs -2.9%).

Clarus Corp is a global designer, manufacturer, and distributor of high-performance outdoor recreation, climbing, camping, and lifestyle products. It manages a portfolio of leading consumer brands, serving outdoor enthusiasts, professional athletes, and retail partners across North America, Europe, and the Asia-Pacific region, with a focus on innovative, durable gear for active lifestyles.

CLAR vs NPKI — Head-to-Head

Bigger by revenue
NPKI
NPKI
1.1× larger
NPKI
$75.2M
$65.4M
CLAR
Growing faster (revenue YoY)
NPKI
NPKI
+39.1% gap
NPKI
30.7%
-8.4%
CLAR
More free cash flow
CLAR
CLAR
$5.8M more FCF
CLAR
$11.6M
$5.8M
NPKI
Faster 2-yr revenue CAGR
NPKI
NPKI
Annualised
NPKI
23.9%
-2.9%
CLAR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CLAR
CLAR
NPKI
NPKI
Revenue
$65.4M
$75.2M
Net Profit
$-31.3M
Gross Margin
27.7%
37.7%
Operating Margin
-59.6%
16.7%
Net Margin
-47.8%
Revenue YoY
-8.4%
30.7%
Net Profit YoY
52.3%
EPS (diluted)
$-0.81
$0.17

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
CLAR
CLAR
NPKI
NPKI
Q4 25
$65.4M
$75.2M
Q3 25
$69.3M
$68.8M
Q2 25
$55.2M
$68.2M
Q1 25
$60.4M
$64.8M
Q4 24
$71.4M
$57.5M
Q3 24
$67.1M
$44.2M
Q2 24
$56.5M
$66.8M
Q1 24
$69.3M
$49.0M
Net Profit
CLAR
CLAR
NPKI
NPKI
Q4 25
$-31.3M
Q3 25
$-1.6M
$5.7M
Q2 25
$-8.4M
$8.7M
Q1 25
$-5.2M
$10.0M
Q4 24
$-65.5M
Q3 24
$-3.2M
$-174.3M
Q2 24
$-5.5M
$8.0M
Q1 24
$21.9M
$7.3M
Gross Margin
CLAR
CLAR
NPKI
NPKI
Q4 25
27.7%
37.7%
Q3 25
35.1%
31.9%
Q2 25
35.6%
36.9%
Q1 25
34.4%
39.0%
Q4 24
33.4%
39.2%
Q3 24
35.0%
27.5%
Q2 24
36.1%
37.2%
Q1 24
35.9%
36.0%
Operating Margin
CLAR
CLAR
NPKI
NPKI
Q4 25
-59.6%
16.7%
Q3 25
-4.4%
13.2%
Q2 25
-19.7%
17.0%
Q1 25
-11.2%
20.9%
Q4 24
-70.2%
20.2%
Q3 24
-8.0%
2.8%
Q2 24
-14.4%
18.7%
Q1 24
-9.8%
14.2%
Net Margin
CLAR
CLAR
NPKI
NPKI
Q4 25
-47.8%
Q3 25
-2.3%
8.2%
Q2 25
-15.3%
12.7%
Q1 25
-8.7%
15.4%
Q4 24
-91.8%
Q3 24
-4.7%
-394.3%
Q2 24
-9.7%
12.0%
Q1 24
31.6%
14.9%
EPS (diluted)
CLAR
CLAR
NPKI
NPKI
Q4 25
$-0.81
$0.17
Q3 25
$-0.04
$0.07
Q2 25
$-0.22
$0.10
Q1 25
$-0.14
$0.11
Q4 24
$-1.72
$0.10
Q3 24
$-0.08
$-1.99
Q2 24
$-0.14
$0.09
Q1 24
$0.57
$0.08

Balance Sheet & Financial Strength

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

Metric
CLAR
CLAR
NPKI
NPKI
Cash + ST InvestmentsLiquidity on hand
$36.7M
$5.1M
Total DebtLower is stronger
$0
$16.9M
Stockholders' EquityBook value
$196.4M
$351.2M
Total Assets
$249.0M
$441.8M
Debt / EquityLower = less leverage
0.00×
0.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLAR
CLAR
NPKI
NPKI
Q4 25
$36.7M
$5.1M
Q3 25
$29.5M
$35.6M
Q2 25
$28.5M
$26.0M
Q1 25
$41.3M
$20.8M
Q4 24
$45.4M
$17.8M
Q3 24
$36.4M
$42.9M
Q2 24
$46.2M
$35.1M
Q1 24
$47.5M
$37.7M
Total Debt
CLAR
CLAR
NPKI
NPKI
Q4 25
$0
$16.9M
Q3 25
$2.0M
$9.5M
Q2 25
$1.9M
$9.3M
Q1 25
$1.9M
$8.1M
Q4 24
$1.9M
$7.7M
Q3 24
$14.0M
Q2 24
$58.0M
Q1 24
$37.0K
$77.4M
Stockholders' Equity
CLAR
CLAR
NPKI
NPKI
Q4 25
$196.4M
$351.2M
Q3 25
$225.8M
$333.9M
Q2 25
$225.1M
$328.8M
Q1 25
$229.3M
$326.9M
Q4 24
$233.1M
$326.5M
Q3 24
$308.5M
$316.5M
Q2 24
$307.3M
$426.6M
Q1 24
$310.4M
$421.6M
Total Assets
CLAR
CLAR
NPKI
NPKI
Q4 25
$249.0M
$441.8M
Q3 25
$283.1M
$404.5M
Q2 25
$286.5M
$393.7M
Q1 25
$292.8M
$390.0M
Q4 24
$294.1M
$393.7M
Q3 24
$375.3M
$389.6M
Q2 24
$369.4M
$624.8M
Q1 24
$377.0M
$640.8M
Debt / Equity
CLAR
CLAR
NPKI
NPKI
Q4 25
0.00×
0.05×
Q3 25
0.01×
0.03×
Q2 25
0.01×
0.03×
Q1 25
0.01×
0.02×
Q4 24
0.01×
0.02×
Q3 24
0.04×
Q2 24
0.14×
Q1 24
0.00×
0.18×

Cash Flow & Capital Efficiency

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

Metric
CLAR
CLAR
NPKI
NPKI
Operating Cash FlowLast quarter
$12.5M
$18.0M
Free Cash FlowOCF − Capex
$11.6M
$5.8M
FCF MarginFCF / Revenue
17.7%
7.6%
Capex IntensityCapex / Revenue
1.4%
16.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-9.9M
$26.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CLAR
CLAR
NPKI
NPKI
Q4 25
$12.5M
$18.0M
Q3 25
$-5.7M
$24.7M
Q2 25
$-9.4M
$21.4M
Q1 25
$-2.1M
$8.8M
Q4 24
$16.6M
$-4.1M
Q3 24
$-8.3M
$2.8M
Q2 24
$834.0K
$27.6M
Q1 24
$-16.4M
$11.9M
Free Cash Flow
CLAR
CLAR
NPKI
NPKI
Q4 25
$11.6M
$5.8M
Q3 25
$-7.0M
$12.0M
Q2 25
$-11.3M
$9.7M
Q1 25
$-3.3M
$-1.2M
Q4 24
$14.4M
$-17.7M
Q3 24
$-9.4M
$-6.7M
Q2 24
$-744.0K
$21.0M
Q1 24
$-18.3M
$-1.9M
FCF Margin
CLAR
CLAR
NPKI
NPKI
Q4 25
17.7%
7.6%
Q3 25
-10.0%
17.4%
Q2 25
-20.4%
14.3%
Q1 25
-5.4%
-1.8%
Q4 24
20.1%
-30.8%
Q3 24
-14.0%
-15.2%
Q2 24
-1.3%
31.4%
Q1 24
-26.3%
-3.9%
Capex Intensity
CLAR
CLAR
NPKI
NPKI
Q4 25
1.4%
16.3%
Q3 25
1.8%
18.5%
Q2 25
3.4%
17.1%
Q1 25
2.0%
15.5%
Q4 24
3.1%
23.6%
Q3 24
1.6%
21.4%
Q2 24
2.8%
9.9%
Q1 24
2.7%
28.3%
Cash Conversion
CLAR
CLAR
NPKI
NPKI
Q4 25
Q3 25
4.37×
Q2 25
2.47×
Q1 25
0.88×
Q4 24
Q3 24
Q2 24
3.43×
Q1 24
-0.75×
1.64×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CLAR
CLAR

Other$37.1M57%
Outdoor Segment$25.3M39%
Adventure Segment$3.0M5%

NPKI
NPKI

Rental Revenue$34.8M46%
Products$25.5M34%
Services$14.9M20%

Related Comparisons