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

Cytek Biosciences, Inc. is the larger business by last-quarter revenue ($62.1M vs $34.3M, roughly 1.8× Clearfield, Inc.). Clearfield, Inc. runs the higher net margin — -1.8% vs -70.9%, a 69.1% gap on every dollar of revenue. On growth, Cytek Biosciences, Inc. posted the faster year-over-year revenue change (8.1% vs -3.2%). Cytek Biosciences, Inc. produced more free cash flow last quarter ($-1.8M vs $-2.4M). Over the past eight quarters, Cytek Biosciences, Inc.'s revenue compounded faster (17.7% CAGR vs -3.5%).

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

Cytek Biosciences, Inc. develops, manufactures and sells high-performance flow cytometry systems, associated reagents and analysis software. Its solutions serve life science research, clinical diagnostics and biopharmaceutical sectors, with a global customer base across North America, Europe and the Asia-Pacific region.

CLFD vs CTKB — Head-to-Head

Bigger by revenue
CTKB
CTKB
1.8× larger
CTKB
$62.1M
$34.3M
CLFD
Growing faster (revenue YoY)
CTKB
CTKB
+11.3% gap
CTKB
8.1%
-3.2%
CLFD
Higher net margin
CLFD
CLFD
69.1% more per $
CLFD
-1.8%
-70.9%
CTKB
More free cash flow
CTKB
CTKB
$656.0K more FCF
CTKB
$-1.8M
$-2.4M
CLFD
Faster 2-yr revenue CAGR
CTKB
CTKB
Annualised
CTKB
17.7%
-3.5%
CLFD

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CLFD
CLFD
CTKB
CTKB
Revenue
$34.3M
$62.1M
Net Profit
$-614.0K
$-44.1M
Gross Margin
33.2%
52.9%
Operating Margin
-5.3%
-9.0%
Net Margin
-1.8%
-70.9%
Revenue YoY
-3.2%
8.1%
Net Profit YoY
67.8%
-557.1%
EPS (diluted)
$-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
CLFD
CLFD
CTKB
CTKB
Q4 25
$34.3M
$62.1M
Q3 25
$23.4M
$52.3M
Q2 25
$49.9M
$45.6M
Q1 25
$47.2M
$41.5M
Q4 24
$29.7M
$57.5M
Q3 24
$5.6M
$51.5M
Q2 24
$48.8M
$46.6M
Q1 24
$36.9M
$44.9M
Net Profit
CLFD
CLFD
CTKB
CTKB
Q4 25
$-614.0K
$-44.1M
Q3 25
$-9.1M
$-5.5M
Q2 25
$1.6M
$-5.6M
Q1 25
$1.3M
$-11.4M
Q4 24
$-1.9M
$9.6M
Q3 24
$941.0K
Q2 24
$-447.0K
$-10.4M
Q1 24
$-5.9M
$-6.2M
Gross Margin
CLFD
CLFD
CTKB
CTKB
Q4 25
33.2%
52.9%
Q3 25
53.2%
52.7%
Q2 25
30.5%
52.3%
Q1 25
30.1%
48.6%
Q4 24
29.2%
58.5%
Q3 24
56.3%
Q2 24
21.9%
54.6%
Q1 24
7.7%
51.3%
Operating Margin
CLFD
CLFD
CTKB
CTKB
Q4 25
-5.3%
-9.0%
Q3 25
10.3%
-17.6%
Q2 25
3.0%
-23.3%
Q1 25
0.6%
-36.1%
Q4 24
-6.9%
5.2%
Q3 24
-8.2%
Q2 24
-4.7%
-18.3%
Q1 24
-26.4%
-23.9%
Net Margin
CLFD
CLFD
CTKB
CTKB
Q4 25
-1.8%
-70.9%
Q3 25
-38.8%
-10.5%
Q2 25
3.2%
-12.2%
Q1 25
2.8%
-27.5%
Q4 24
-6.4%
16.8%
Q3 24
1.8%
Q2 24
-0.9%
-22.4%
Q1 24
-16.0%
-13.8%
EPS (diluted)
CLFD
CLFD
CTKB
CTKB
Q4 25
$-0.04
Q3 25
$-0.65
Q2 25
$0.11
Q1 25
$0.09
Q4 24
$-0.13
Q3 24
Q2 24
$-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
CLFD
CLFD
CTKB
CTKB
Cash + ST InvestmentsLiquidity on hand
$96.4M
$90.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$249.7M
$341.7M
Total Assets
$268.1M
$461.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLFD
CLFD
CTKB
CTKB
Q4 25
$96.4M
$90.9M
Q3 25
$106.0M
$93.3M
Q2 25
$117.2M
$75.5M
Q1 25
$112.0M
$95.3M
Q4 24
$113.0M
$98.7M
Q3 24
$129.0M
$162.3M
Q2 24
$123.8M
$177.9M
Q1 24
$142.9M
$168.8M
Total Debt
CLFD
CLFD
CTKB
CTKB
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$2.2M
Q2 24
$2.1M
Q1 24
Stockholders' Equity
CLFD
CLFD
CTKB
CTKB
Q4 25
$249.7M
$341.7M
Q3 25
$256.2M
$378.6M
Q2 25
$264.5M
$377.6M
Q1 25
$265.9M
$379.6M
Q4 24
$267.4M
$395.7M
Q3 24
$275.8M
$385.5M
Q2 24
$274.6M
$389.1M
Q1 24
$279.2M
$392.6M
Total Assets
CLFD
CLFD
CTKB
CTKB
Q4 25
$268.1M
$461.5M
Q3 25
$306.2M
$494.9M
Q2 25
$314.7M
$493.3M
Q1 25
$310.9M
$482.6M
Q4 24
$303.2M
$499.5M
Q3 24
$315.3M
$491.2M
Q2 24
$318.1M
$483.7M
Q1 24
$315.4M
$492.1M
Debt / Equity
CLFD
CLFD
CTKB
CTKB
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
CLFD
CLFD
CTKB
CTKB
Operating Cash FlowLast quarter
$-1.4M
$-771.0K
Free Cash FlowOCF − Capex
$-2.4M
$-1.8M
FCF MarginFCF / Revenue
-7.1%
-2.9%
Capex IntensityCapex / Revenue
2.9%
1.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-8.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CLFD
CLFD
CTKB
CTKB
Q4 25
$-1.4M
$-771.0K
Q3 25
$-3.9M
Q2 25
$7.9M
$108.0K
Q1 25
$3.0M
$-125.0K
Q4 24
$7.2M
$2.0M
Q3 24
$22.2M
$13.2M
Q2 24
$4.0M
$6.2M
Q1 24
$-5.7M
$4.0M
Free Cash Flow
CLFD
CLFD
CTKB
CTKB
Q4 25
$-2.4M
$-1.8M
Q3 25
$-4.6M
Q2 25
$7.5M
$-1.5M
Q1 25
$654.0K
$-974.0K
Q4 24
$5.1M
$1.1M
Q3 24
$18.2M
$12.2M
Q2 24
$2.8M
$5.2M
Q1 24
$-7.7M
$3.4M
FCF Margin
CLFD
CLFD
CTKB
CTKB
Q4 25
-7.1%
-2.9%
Q3 25
-8.7%
Q2 25
15.1%
-3.2%
Q1 25
1.4%
-2.3%
Q4 24
17.1%
1.9%
Q3 24
323.0%
23.7%
Q2 24
5.8%
11.0%
Q1 24
-20.8%
7.6%
Capex Intensity
CLFD
CLFD
CTKB
CTKB
Q4 25
2.9%
1.6%
Q3 25
2.0%
1.3%
Q2 25
0.8%
3.5%
Q1 25
5.1%
2.0%
Q4 24
7.0%
1.6%
Q3 24
71.4%
2.0%
Q2 24
2.5%
2.3%
Q1 24
5.3%
1.3%
Cash Conversion
CLFD
CLFD
CTKB
CTKB
Q4 25
Q3 25
Q2 25
4.93×
Q1 25
2.30×
Q4 24
0.21×
Q3 24
14.05×
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

CLFD
CLFD

Segment breakdown not available.

CTKB
CTKB

Products$46.6M75%
Services$15.5M25%

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