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Side-by-side financial comparison of Clearfield, Inc. (CLFD) and EVOLUTION PETROLEUM CORP (EPM). Click either name above to swap in a different company.

Clearfield, Inc. is the larger business by last-quarter revenue ($34.3M vs $20.7M, roughly 1.7× EVOLUTION PETROLEUM CORP). EVOLUTION PETROLEUM CORP runs the higher net margin — 5.2% vs -1.8%, a 6.9% gap on every dollar of revenue. On growth, EVOLUTION PETROLEUM CORP posted the faster year-over-year revenue change (2.0% vs -3.2%). Over the past eight quarters, Clearfield, Inc.'s revenue compounded faster (-3.5% CAGR vs -5.2%).

CLFD vs EPM — Head-to-Head

Bigger by revenue
CLFD
CLFD
1.7× larger
CLFD
$34.3M
$20.7M
EPM
Growing faster (revenue YoY)
EPM
EPM
+5.2% gap
EPM
2.0%
-3.2%
CLFD
Higher net margin
EPM
EPM
6.9% more per $
EPM
5.2%
-1.8%
CLFD
Faster 2-yr revenue CAGR
CLFD
CLFD
Annualised
CLFD
-3.5%
-5.2%
EPM

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
CLFD
CLFD
EPM
EPM
Revenue
$34.3M
$20.7M
Net Profit
$-614.0K
$1.1M
Gross Margin
33.2%
44.3%
Operating Margin
-5.3%
3.2%
Net Margin
-1.8%
5.2%
Revenue YoY
-3.2%
2.0%
Net Profit YoY
67.8%
158.4%
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.

Revenue
CLFD
CLFD
EPM
EPM
Q4 25
$34.3M
$20.7M
Q3 25
$23.4M
$21.3M
Q2 25
$49.9M
$21.1M
Q1 25
$47.2M
$22.6M
Q4 24
$29.7M
$20.3M
Q3 24
$5.6M
$21.9M
Q2 24
$48.8M
$21.2M
Q1 24
$36.9M
$23.0M
Net Profit
CLFD
CLFD
EPM
EPM
Q4 25
$-614.0K
$1.1M
Q3 25
$-9.1M
$824.0K
Q2 25
$1.6M
$3.4M
Q1 25
$1.3M
$-2.2M
Q4 24
$-1.9M
$-1.8M
Q3 24
$2.1M
Q2 24
$-447.0K
$1.2M
Q1 24
$-5.9M
$289.0K
Gross Margin
CLFD
CLFD
EPM
EPM
Q4 25
33.2%
44.3%
Q3 25
53.2%
38.5%
Q2 25
30.5%
46.1%
Q1 25
30.1%
40.7%
Q4 24
29.2%
36.9%
Q3 24
46.2%
Q2 24
21.9%
46.3%
Q1 24
7.7%
45.2%
Operating Margin
CLFD
CLFD
EPM
EPM
Q4 25
-5.3%
3.2%
Q3 25
10.3%
-0.4%
Q2 25
3.0%
6.3%
Q1 25
0.6%
7.0%
Q4 24
-6.9%
-3.0%
Q3 24
8.5%
Q2 24
-4.7%
11.3%
Q1 24
-26.4%
9.1%
Net Margin
CLFD
CLFD
EPM
EPM
Q4 25
-1.8%
5.2%
Q3 25
-38.8%
3.9%
Q2 25
3.2%
16.2%
Q1 25
2.8%
-9.7%
Q4 24
-6.4%
-9.0%
Q3 24
9.4%
Q2 24
-0.9%
5.8%
Q1 24
-16.0%
1.3%
EPS (diluted)
CLFD
CLFD
EPM
EPM
Q4 25
$-0.04
$0.03
Q3 25
$-0.65
$0.02
Q2 25
$0.11
$0.10
Q1 25
$0.09
$-0.07
Q4 24
$-0.13
$-0.06
Q3 24
$0.06
Q2 24
$-0.04
$0.04
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
EPM
EPM
Cash + ST InvestmentsLiquidity on hand
$96.4M
$3.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$249.7M
$67.5M
Total Assets
$268.1M
$169.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLFD
CLFD
EPM
EPM
Q4 25
$96.4M
$3.8M
Q3 25
$106.0M
$714.0K
Q2 25
$117.2M
$2.5M
Q1 25
$112.0M
$5.6M
Q4 24
$113.0M
$11.7M
Q3 24
$129.0M
$6.9M
Q2 24
$123.8M
$6.4M
Q1 24
$142.9M
$3.1M
Total Debt
CLFD
CLFD
EPM
EPM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$2.2M
Q2 24
$2.1M
Q1 24
Stockholders' Equity
CLFD
CLFD
EPM
EPM
Q4 25
$249.7M
$67.5M
Q3 25
$256.2M
$69.1M
Q2 25
$264.5M
$71.8M
Q1 25
$265.9M
$71.7M
Q4 24
$267.4M
$76.3M
Q3 24
$275.8M
$79.6M
Q2 24
$274.6M
$81.1M
Q1 24
$279.2M
$83.5M
Total Assets
CLFD
CLFD
EPM
EPM
Q4 25
$268.1M
$169.3M
Q3 25
$306.2M
$169.1M
Q2 25
$314.7M
$160.3M
Q1 25
$310.9M
$156.4M
Q4 24
$303.2M
$160.2M
Q3 24
$315.3M
$157.9M
Q2 24
$318.1M
$162.9M
Q1 24
$315.4M
$166.5M
Debt / Equity
CLFD
CLFD
EPM
EPM
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
EPM
EPM
Operating Cash FlowLast quarter
$-1.4M
$5.4M
Free Cash FlowOCF − Capex
$-2.4M
FCF MarginFCF / Revenue
-7.1%
Capex IntensityCapex / Revenue
2.9%
Cash ConversionOCF / Net Profit
5.09×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CLFD
CLFD
EPM
EPM
Q4 25
$-1.4M
$5.4M
Q3 25
$7.8M
Q2 25
$7.9M
$10.5M
Q1 25
$3.0M
$7.3M
Q4 24
$7.2M
$7.7M
Q3 24
$22.2M
$7.6M
Q2 24
$4.0M
$8.0M
Q1 24
$-5.7M
$3.4M
Free Cash Flow
CLFD
CLFD
EPM
EPM
Q4 25
$-2.4M
Q3 25
Q2 25
$7.5M
Q1 25
$654.0K
Q4 24
$5.1M
Q3 24
$18.2M
Q2 24
$2.8M
Q1 24
$-7.7M
FCF Margin
CLFD
CLFD
EPM
EPM
Q4 25
-7.1%
Q3 25
Q2 25
15.1%
Q1 25
1.4%
Q4 24
17.1%
Q3 24
323.0%
Q2 24
5.8%
Q1 24
-20.8%
Capex Intensity
CLFD
CLFD
EPM
EPM
Q4 25
2.9%
Q3 25
2.0%
Q2 25
0.8%
Q1 25
5.1%
Q4 24
7.0%
Q3 24
71.4%
Q2 24
2.5%
Q1 24
5.3%
Cash Conversion
CLFD
CLFD
EPM
EPM
Q4 25
5.09×
Q3 25
9.47×
Q2 25
4.93×
3.06×
Q1 25
2.30×
Q4 24
Q3 24
3.69×
Q2 24
6.47×
Q1 24
11.64×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CLFD
CLFD

Segment breakdown not available.

EPM
EPM

Crude Oil$10.7M52%
Natural Gas Reserves$7.4M36%
Natural Gas Liquids Reserves$2.5M12%

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