vs

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

EQUITY BANCSHARES INC is the larger business by last-quarter revenue ($63.5M vs $34.3M, roughly 1.8× Clearfield, Inc.). EQUITY BANCSHARES INC runs the higher net margin — 34.8% vs -1.8%, a 36.6% gap on every dollar of revenue. On growth, EQUITY BANCSHARES INC posted the faster year-over-year revenue change (28.4% vs -3.2%). EQUITY BANCSHARES INC produced more free cash flow last quarter ($38.1M vs $-2.4M). Over the past eight quarters, EQUITY BANCSHARES INC's revenue compounded faster (6.6% CAGR vs -3.5%).

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

Prosperity Bancshares, Inc. is a bank holding company headquartered in Houston, Texas with operations in Texas and central Oklahoma. As of December 31, 2019, the company operated 285 branches: 65 in the Houston area, including The Woodlands, Texas; 30 in South Texas, including Corpus Christi, Texas and Victoria, Texas; 75 in the Dallas–Fort Worth metroplex; 22 in East Texas; 29 in Central Texas, including Austin, Texas and San Antonio; 34 in West Texas, including Lubbock, Texas, Midland–Odess...

CLFD vs EQBK — Head-to-Head

Bigger by revenue
EQBK
EQBK
1.8× larger
EQBK
$63.5M
$34.3M
CLFD
Growing faster (revenue YoY)
EQBK
EQBK
+31.6% gap
EQBK
28.4%
-3.2%
CLFD
Higher net margin
EQBK
EQBK
36.6% more per $
EQBK
34.8%
-1.8%
CLFD
More free cash flow
EQBK
EQBK
$40.5M more FCF
EQBK
$38.1M
$-2.4M
CLFD
Faster 2-yr revenue CAGR
EQBK
EQBK
Annualised
EQBK
6.6%
-3.5%
CLFD

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CLFD
CLFD
EQBK
EQBK
Revenue
$34.3M
$63.5M
Net Profit
$-614.0K
$22.1M
Gross Margin
33.2%
Operating Margin
-5.3%
41.7%
Net Margin
-1.8%
34.8%
Revenue YoY
-3.2%
28.4%
Net Profit YoY
67.8%
30.0%
EPS (diluted)
$-0.04
$1.07

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
EQBK
EQBK
Q4 25
$34.3M
$63.5M
Q3 25
$23.4M
$18.0M
Q2 25
$49.9M
$58.4M
Q1 25
$47.2M
$60.6M
Q4 24
$29.7M
$58.3M
Q3 24
$5.6M
$55.3M
Q2 24
$48.8M
$55.4M
Q1 24
$36.9M
$55.9M
Net Profit
CLFD
CLFD
EQBK
EQBK
Q4 25
$-614.0K
$22.1M
Q3 25
$-9.1M
$-29.7M
Q2 25
$1.6M
$15.3M
Q1 25
$1.3M
$15.0M
Q4 24
$-1.9M
$17.0M
Q3 24
$19.9M
Q2 24
$-447.0K
$11.7M
Q1 24
$-5.9M
$14.1M
Gross Margin
CLFD
CLFD
EQBK
EQBK
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%
Operating Margin
CLFD
CLFD
EQBK
EQBK
Q4 25
-5.3%
41.7%
Q3 25
10.3%
-207.2%
Q2 25
3.0%
31.5%
Q1 25
0.6%
31.1%
Q4 24
-6.9%
35.0%
Q3 24
43.1%
Q2 24
-4.7%
29.4%
Q1 24
-26.4%
31.8%
Net Margin
CLFD
CLFD
EQBK
EQBK
Q4 25
-1.8%
34.8%
Q3 25
-38.8%
-164.7%
Q2 25
3.2%
26.1%
Q1 25
2.8%
24.8%
Q4 24
-6.4%
29.1%
Q3 24
35.9%
Q2 24
-0.9%
21.1%
Q1 24
-16.0%
25.2%
EPS (diluted)
CLFD
CLFD
EQBK
EQBK
Q4 25
$-0.04
$1.07
Q3 25
$-0.65
$-1.55
Q2 25
$0.11
$0.86
Q1 25
$0.09
$0.85
Q4 24
$-0.13
$1.06
Q3 24
$1.28
Q2 24
$-0.04
$0.76
Q1 24
$-0.40
$0.90

Balance Sheet & Financial Strength

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

Metric
CLFD
CLFD
EQBK
EQBK
Cash + ST InvestmentsLiquidity on hand
$96.4M
Total DebtLower is stronger
$443.2M
Stockholders' EquityBook value
$249.7M
$732.1M
Total Assets
$268.1M
$6.4B
Debt / EquityLower = less leverage
0.61×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLFD
CLFD
EQBK
EQBK
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
EQBK
EQBK
Q4 25
$443.2M
Q3 25
$486.9M
Q2 25
$448.4M
Q1 25
$376.9M
Q4 24
$312.8M
Q3 24
$2.2M
$437.5M
Q2 24
$2.1M
$391.7M
Q1 24
$367.1M
Stockholders' Equity
CLFD
CLFD
EQBK
EQBK
Q4 25
$249.7M
$732.1M
Q3 25
$256.2M
$711.9M
Q2 25
$264.5M
$635.6M
Q1 25
$265.9M
$617.3M
Q4 24
$267.4M
$592.9M
Q3 24
$275.8M
$504.0M
Q2 24
$274.6M
$461.4M
Q1 24
$279.2M
$456.8M
Total Assets
CLFD
CLFD
EQBK
EQBK
Q4 25
$268.1M
$6.4B
Q3 25
$306.2M
$6.4B
Q2 25
$314.7M
$5.4B
Q1 25
$310.9M
$5.4B
Q4 24
$303.2M
$5.3B
Q3 24
$315.3M
$5.4B
Q2 24
$318.1M
$5.2B
Q1 24
$315.4M
$5.2B
Debt / Equity
CLFD
CLFD
EQBK
EQBK
Q4 25
0.61×
Q3 25
0.68×
Q2 25
0.71×
Q1 25
0.61×
Q4 24
0.53×
Q3 24
0.01×
0.87×
Q2 24
0.01×
0.85×
Q1 24
0.80×

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
EQBK
EQBK
Operating Cash FlowLast quarter
$-1.4M
$51.4M
Free Cash FlowOCF − Capex
$-2.4M
$38.1M
FCF MarginFCF / Revenue
-7.1%
60.0%
Capex IntensityCapex / Revenue
2.9%
20.9%
Cash ConversionOCF / Net Profit
2.33×
TTM Free Cash FlowTrailing 4 quarters
$88.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CLFD
CLFD
EQBK
EQBK
Q4 25
$-1.4M
$51.4M
Q3 25
$8.5M
Q2 25
$7.9M
$28.3M
Q1 25
$3.0M
$21.7M
Q4 24
$7.2M
$73.8M
Q3 24
$22.2M
$23.5M
Q2 24
$4.0M
$16.0M
Q1 24
$-5.7M
$12.6M
Free Cash Flow
CLFD
CLFD
EQBK
EQBK
Q4 25
$-2.4M
$38.1M
Q3 25
$4.5M
Q2 25
$7.5M
$26.0M
Q1 25
$654.0K
$20.2M
Q4 24
$5.1M
$65.4M
Q3 24
$18.2M
$19.7M
Q2 24
$2.8M
$15.2M
Q1 24
$-7.7M
$10.6M
FCF Margin
CLFD
CLFD
EQBK
EQBK
Q4 25
-7.1%
60.0%
Q3 25
24.7%
Q2 25
15.1%
44.5%
Q1 25
1.4%
33.3%
Q4 24
17.1%
112.1%
Q3 24
323.0%
35.6%
Q2 24
5.8%
27.4%
Q1 24
-20.8%
19.0%
Capex Intensity
CLFD
CLFD
EQBK
EQBK
Q4 25
2.9%
20.9%
Q3 25
2.0%
22.3%
Q2 25
0.8%
3.9%
Q1 25
5.1%
2.4%
Q4 24
7.0%
14.6%
Q3 24
71.4%
6.8%
Q2 24
2.5%
1.5%
Q1 24
5.3%
3.6%
Cash Conversion
CLFD
CLFD
EQBK
EQBK
Q4 25
2.33×
Q3 25
Q2 25
4.93×
1.85×
Q1 25
2.30×
1.44×
Q4 24
4.35×
Q3 24
1.18×
Q2 24
1.37×
Q1 24
0.90×

Financial Flow Comparison

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

Related Comparisons