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Side-by-side financial comparison of Clearfield, Inc. (CLFD) and Crexendo, Inc. (CXDO). Click either name above to swap in a different company.
Clearfield, Inc. is the larger business by last-quarter revenue ($34.3M vs $18.1M, roughly 1.9× Crexendo, Inc.). Crexendo, Inc. runs the higher net margin — 6.7% vs -1.8%, a 8.5% gap on every dollar of revenue. On growth, Crexendo, Inc. posted the faster year-over-year revenue change (11.2% vs -3.2%). Over the past eight quarters, Crexendo, Inc.'s revenue compounded faster (12.4% CAGR vs -3.5%).
Clearfield, Inc. is a company headquartered in Minneapolis, Minnesota. The company produces fiber optic products.
Crexendo, Inc. is a U.S.-headquartered cloud communications technology provider. It delivers unified communications as a service (UCaaS), contact center solutions, business VoIP services, and collaborative work tools, primarily catering to small and medium-sized enterprises operating in the North American market.
CLFD vs CXDO — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $34.3M | $18.1M |
| Net Profit | $-614.0K | $1.2M |
| Gross Margin | 33.2% | — |
| Operating Margin | -5.3% | 6.3% |
| Net Margin | -1.8% | 6.7% |
| Revenue YoY | -3.2% | 11.2% |
| Net Profit YoY | 67.8% | 140.2% |
| EPS (diluted) | $-0.04 | $0.03 |
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.
| Q4 25 | $34.3M | $18.1M | ||
| Q3 25 | $23.4M | $17.5M | ||
| Q2 25 | $49.9M | $16.6M | ||
| Q1 25 | $47.2M | $16.1M | ||
| Q4 24 | $29.7M | $16.2M | ||
| Q3 24 | $5.6M | $15.6M | ||
| Q2 24 | $48.8M | $14.7M | ||
| Q1 24 | $36.9M | $14.3M |
| Q4 25 | $-614.0K | $1.2M | ||
| Q3 25 | $-9.1M | $1.4M | ||
| Q2 25 | $1.6M | $1.2M | ||
| Q1 25 | $1.3M | $1.2M | ||
| Q4 24 | $-1.9M | $507.0K | ||
| Q3 24 | — | $148.0K | ||
| Q2 24 | $-447.0K | $588.0K | ||
| Q1 24 | $-5.9M | $434.0K |
| Q4 25 | 33.2% | — | ||
| Q3 25 | 53.2% | — | ||
| Q2 25 | 30.5% | — | ||
| Q1 25 | 30.1% | — | ||
| Q4 24 | 29.2% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 21.9% | — | ||
| Q1 24 | 7.7% | — |
| Q4 25 | -5.3% | 6.3% | ||
| Q3 25 | 10.3% | 7.5% | ||
| Q2 25 | 3.0% | 6.7% | ||
| Q1 25 | 0.6% | 7.2% | ||
| Q4 24 | -6.9% | 3.9% | ||
| Q3 24 | — | 0.9% | ||
| Q2 24 | -4.7% | 3.9% | ||
| Q1 24 | -26.4% | 3.4% |
| Q4 25 | -1.8% | 6.7% | ||
| Q3 25 | -38.8% | 8.3% | ||
| Q2 25 | 3.2% | 7.4% | ||
| Q1 25 | 2.8% | 7.3% | ||
| Q4 24 | -6.4% | 3.1% | ||
| Q3 24 | — | 0.9% | ||
| Q2 24 | -0.9% | 4.0% | ||
| Q1 24 | -16.0% | 3.0% |
| Q4 25 | $-0.04 | $0.03 | ||
| Q3 25 | $-0.65 | $0.05 | ||
| Q2 25 | $0.11 | $0.04 | ||
| Q1 25 | $0.09 | $0.04 | ||
| Q4 24 | $-0.13 | $0.03 | ||
| Q3 24 | — | $0.00 | ||
| Q2 24 | $-0.04 | $0.02 | ||
| 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 | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $96.4M | — |
| Total DebtLower is stronger | — | $114.0K |
| Stockholders' EquityBook value | $249.7M | $63.8M |
| Total Assets | $268.1M | $77.7M |
| Debt / EquityLower = less leverage | — | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| 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 | — |
| Q4 25 | — | $114.0K | ||
| Q3 25 | — | $236.0K | ||
| Q2 25 | — | $356.0K | ||
| Q1 25 | — | $475.0K | ||
| Q4 24 | — | $592.0K | ||
| Q3 24 | $2.2M | $709.0K | ||
| Q2 24 | $2.1M | $823.0K | ||
| Q1 24 | — | $937.0K |
| Q4 25 | $249.7M | $63.8M | ||
| Q3 25 | $256.2M | $61.3M | ||
| Q2 25 | $264.5M | $58.3M | ||
| Q1 25 | $265.9M | $55.2M | ||
| Q4 24 | $267.4M | $51.4M | ||
| Q3 24 | $275.8M | $49.5M | ||
| Q2 24 | $274.6M | $48.2M | ||
| Q1 24 | $279.2M | $46.8M |
| Q4 25 | $268.1M | $77.7M | ||
| Q3 25 | $306.2M | $76.0M | ||
| Q2 25 | $314.7M | $71.4M | ||
| Q1 25 | $310.9M | $67.4M | ||
| Q4 24 | $303.2M | $64.9M | ||
| Q3 24 | $315.3M | $62.3M | ||
| Q2 24 | $318.1M | $59.6M | ||
| Q1 24 | $315.4M | $57.5M |
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.01× | ||
| Q1 25 | — | 0.01× | ||
| Q4 24 | — | 0.01× | ||
| Q3 24 | 0.01× | 0.01× | ||
| Q2 24 | 0.01× | 0.02× | ||
| Q1 24 | — | 0.02× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-1.4M | $2.3M |
| Free Cash FlowOCF − Capex | $-2.4M | — |
| FCF MarginFCF / Revenue | -7.1% | — |
| Capex IntensityCapex / Revenue | 2.9% | 0.0% |
| Cash ConversionOCF / Net Profit | — | 1.93× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-1.4M | $2.3M | ||
| Q3 25 | — | $4.4M | ||
| Q2 25 | $7.9M | $1.3M | ||
| Q1 25 | $3.0M | $1.2M | ||
| Q4 24 | $7.2M | $2.2M | ||
| Q3 24 | $22.2M | $1.6M | ||
| Q2 24 | $4.0M | $2.7M | ||
| Q1 24 | $-5.7M | $-166.0K |
| Q4 25 | $-2.4M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $7.5M | $1.3M | ||
| Q1 25 | $654.0K | — | ||
| Q4 24 | $5.1M | $2.1M | ||
| Q3 24 | $18.2M | — | ||
| Q2 24 | $2.8M | — | ||
| Q1 24 | $-7.7M | — |
| Q4 25 | -7.1% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 15.1% | 7.7% | ||
| Q1 25 | 1.4% | — | ||
| Q4 24 | 17.1% | 13.2% | ||
| Q3 24 | 323.0% | — | ||
| Q2 24 | 5.8% | — | ||
| Q1 24 | -20.8% | — |
| Q4 25 | 2.9% | 0.0% | ||
| Q3 25 | 2.0% | 0.0% | ||
| Q2 25 | 0.8% | 0.1% | ||
| Q1 25 | 5.1% | 0.0% | ||
| Q4 24 | 7.0% | 0.2% | ||
| Q3 24 | 71.4% | 0.0% | ||
| Q2 24 | 2.5% | 0.0% | ||
| Q1 24 | 5.3% | 0.0% |
| Q4 25 | — | 1.93× | ||
| Q3 25 | — | 3.05× | ||
| Q2 25 | 4.93× | 1.05× | ||
| Q1 25 | 2.30× | 1.06× | ||
| Q4 24 | — | 4.29× | ||
| Q3 24 | — | 10.95× | ||
| Q2 24 | — | 4.51× | ||
| Q1 24 | — | -0.38× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CLFD
Segment breakdown not available.
CXDO
| Services | $8.6M | 48% |
| Software Solution Segment | $8.3M | 46% |
| Products | $1.1M | 6% |
