vs

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

Clearfield, Inc. is the larger business by last-quarter revenue ($34.3M vs $19.4M, roughly 1.8× CPI AEROSTRUCTURES INC). CPI AEROSTRUCTURES INC runs the higher net margin — 3.6% vs -1.8%, a 5.4% gap on every dollar of revenue. On growth, Clearfield, Inc. posted the faster year-over-year revenue change (-3.2% vs -10.8%). CPI AEROSTRUCTURES INC produced more free cash flow last quarter ($-2.1M vs $-2.4M). Over the past eight quarters, CPI AEROSTRUCTURES INC's revenue compounded faster (0.9% CAGR vs -3.5%).

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

CPI Aerostructures Inc., known as CPI Aero, is a contract aircraft component manufacturer based in Edgewood, New York.

CLFD vs CVU — Head-to-Head

Bigger by revenue
CLFD
CLFD
1.8× larger
CLFD
$34.3M
$19.4M
CVU
Growing faster (revenue YoY)
CLFD
CLFD
+7.6% gap
CLFD
-3.2%
-10.8%
CVU
Higher net margin
CVU
CVU
5.4% more per $
CVU
3.6%
-1.8%
CLFD
More free cash flow
CVU
CVU
$332.7K more FCF
CVU
$-2.1M
$-2.4M
CLFD
Faster 2-yr revenue CAGR
CVU
CVU
Annualised
CVU
0.9%
-3.5%
CLFD

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CLFD
CLFD
CVU
CVU
Revenue
$34.3M
$19.4M
Net Profit
$-614.0K
$691.8K
Gross Margin
33.2%
20.3%
Operating Margin
-5.3%
6.4%
Net Margin
-1.8%
3.6%
Revenue YoY
-3.2%
-10.8%
Net Profit YoY
67.8%
-28.8%
EPS (diluted)
$-0.04
$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
CVU
CVU
Q4 25
$34.3M
$19.4M
Q3 25
$23.4M
$19.3M
Q2 25
$49.9M
$15.2M
Q1 25
$47.2M
$15.4M
Q4 24
$29.7M
$21.8M
Q3 24
$5.6M
$19.4M
Q2 24
$48.8M
$20.8M
Q1 24
$36.9M
$19.1M
Net Profit
CLFD
CLFD
CVU
CVU
Q4 25
$-614.0K
$691.8K
Q3 25
$-9.1M
$1.1M
Q2 25
$1.6M
$-1.3M
Q1 25
$1.3M
$-1.3M
Q4 24
$-1.9M
$971.5K
Q3 24
$749.7K
Q2 24
$-447.0K
$1.4M
Q1 24
$-5.9M
$168.2K
Gross Margin
CLFD
CLFD
CVU
CVU
Q4 25
33.2%
20.3%
Q3 25
53.2%
22.3%
Q2 25
30.5%
4.4%
Q1 25
30.1%
10.7%
Q4 24
29.2%
20.0%
Q3 24
21.7%
Q2 24
21.9%
24.6%
Q1 24
7.7%
18.6%
Operating Margin
CLFD
CLFD
CVU
CVU
Q4 25
-5.3%
6.4%
Q3 25
10.3%
9.1%
Q2 25
3.0%
-13.1%
Q1 25
0.6%
-7.7%
Q4 24
-6.9%
9.5%
Q3 24
7.6%
Q2 24
-4.7%
11.2%
Q1 24
-26.4%
4.4%
Net Margin
CLFD
CLFD
CVU
CVU
Q4 25
-1.8%
3.6%
Q3 25
-38.8%
5.8%
Q2 25
3.2%
-8.7%
Q1 25
2.8%
-8.6%
Q4 24
-6.4%
4.5%
Q3 24
3.9%
Q2 24
-0.9%
6.8%
Q1 24
-16.0%
0.9%
EPS (diluted)
CLFD
CLFD
CVU
CVU
Q4 25
$-0.04
$0.04
Q3 25
$-0.65
$0.09
Q2 25
$0.11
$-0.10
Q1 25
$0.09
$-0.10
Q4 24
$-0.13
$0.08
Q3 24
$0.06
Q2 24
$-0.04
$0.11
Q1 24
$-0.40
$0.01

Balance Sheet & Financial Strength

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

Metric
CLFD
CLFD
CVU
CVU
Cash + ST InvestmentsLiquidity on hand
$96.4M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$249.7M
$25.8M
Total Assets
$268.1M
$75.2M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLFD
CLFD
CVU
CVU
Q4 25
$96.4M
Q3 25
$106.0M
Q2 25
$117.2M
Q1 25
$112.0M
Q4 24
$113.0M
Q3 24
$129.0M
Q2 24
$123.8M
Q1 24
$142.9M
Total Debt
CLFD
CLFD
CVU
CVU
Q4 25
$0
Q3 25
Q2 25
Q1 25
Q4 24
$26.5K
Q3 24
$2.2M
Q2 24
$2.1M
Q1 24
Stockholders' Equity
CLFD
CLFD
CVU
CVU
Q4 25
$249.7M
$25.8M
Q3 25
$256.2M
$25.0M
Q2 25
$264.5M
$23.8M
Q1 25
$265.9M
$24.9M
Q4 24
$267.4M
$25.9M
Q3 24
$275.8M
$24.9M
Q2 24
$274.6M
$24.1M
Q1 24
$279.2M
$22.5M
Total Assets
CLFD
CLFD
CVU
CVU
Q4 25
$268.1M
$75.2M
Q3 25
$306.2M
$74.1M
Q2 25
$314.7M
$72.3M
Q1 25
$310.9M
$65.4M
Q4 24
$303.2M
$68.0M
Q3 24
$315.3M
$68.9M
Q2 24
$318.1M
$70.2M
Q1 24
$315.4M
$70.8M
Debt / Equity
CLFD
CLFD
CVU
CVU
Q4 25
0.00×
Q3 25
Q2 25
Q1 25
Q4 24
0.00×
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
CVU
CVU
Operating Cash FlowLast quarter
$-1.4M
$-2.1M
Free Cash FlowOCF − Capex
$-2.4M
$-2.1M
FCF MarginFCF / Revenue
-7.1%
-10.8%
Capex IntensityCapex / Revenue
2.9%
0.0%
Cash ConversionOCF / Net Profit
-3.03×
TTM Free Cash FlowTrailing 4 quarters
$-5.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CLFD
CLFD
CVU
CVU
Q4 25
$-1.4M
$-2.1M
Q3 25
$212.1K
Q2 25
$7.9M
$-596.3K
Q1 25
$3.0M
$-2.7M
Q4 24
$7.2M
$4.4M
Q3 24
$22.2M
$715.1K
Q2 24
$4.0M
$-591.7K
Q1 24
$-5.7M
$-960.5K
Free Cash Flow
CLFD
CLFD
CVU
CVU
Q4 25
$-2.4M
$-2.1M
Q3 25
$211.1K
Q2 25
$7.5M
$-599.8K
Q1 25
$654.0K
$-2.8M
Q4 24
$5.1M
$4.3M
Q3 24
$18.2M
$586.9K
Q2 24
$2.8M
$-746.9K
Q1 24
$-7.7M
$-1.0M
FCF Margin
CLFD
CLFD
CVU
CVU
Q4 25
-7.1%
-10.8%
Q3 25
1.1%
Q2 25
15.1%
-4.0%
Q1 25
1.4%
-18.1%
Q4 24
17.1%
19.9%
Q3 24
323.0%
3.0%
Q2 24
5.8%
-3.6%
Q1 24
-20.8%
-5.3%
Capex Intensity
CLFD
CLFD
CVU
CVU
Q4 25
2.9%
0.0%
Q3 25
2.0%
0.0%
Q2 25
0.8%
0.0%
Q1 25
5.1%
0.4%
Q4 24
7.0%
0.3%
Q3 24
71.4%
0.7%
Q2 24
2.5%
0.7%
Q1 24
5.3%
0.2%
Cash Conversion
CLFD
CLFD
CVU
CVU
Q4 25
-3.03×
Q3 25
0.19×
Q2 25
4.93×
Q1 25
2.30×
Q4 24
4.53×
Q3 24
0.95×
Q2 24
-0.42×
Q1 24
-5.71×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CLFD
CLFD

Segment breakdown not available.

CVU
CVU

Government Subcontracts$16.4M85%
Commercial Contracts$2.3M12%
Prime Government Contracts$725.8K4%

Related Comparisons