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Side-by-side financial comparison of Clearfield, Inc. (CLFD) and Primis Financial Corp. (FRST). Click either name above to swap in a different company.
Primis Financial Corp. is the larger business by last-quarter revenue ($45.6M vs $34.3M, roughly 1.3× Clearfield, Inc.). Primis Financial Corp. runs the higher net margin — 16.0% vs -1.8%, a 17.8% gap on every dollar of revenue. Over the past eight quarters, Primis Financial Corp.'s revenue compounded faster (13.0% CAGR vs -3.5%).
Clearfield, Inc. is a company headquartered in Minneapolis, Minnesota. The company produces fiber optic products.
Primis Financial Corp is a U.S.-based financial holding company operating full-service banking subsidiaries. It provides a comprehensive range of financial solutions including personal and commercial deposit products, diverse loan facilities, mortgage services, and wealth management support, primarily serving retail and corporate customers across the U.S. mid-Atlantic region.
CLFD vs FRST — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $34.3M | $45.6M |
| Net Profit | $-614.0K | $7.3M |
| Gross Margin | 33.2% | — |
| Operating Margin | -5.3% | — |
| Net Margin | -1.8% | 16.0% |
| Revenue YoY | -3.2% | — |
| Net Profit YoY | 67.8% | 200.0% |
| EPS (diluted) | $-0.04 | $0.30 |
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.
| Q1 26 | — | $45.6M | ||
| Q4 25 | $34.3M | $80.9M | ||
| Q3 25 | $23.4M | $41.0M | ||
| Q2 25 | $49.9M | $43.2M | ||
| Q1 25 | $47.2M | $58.7M | ||
| Q4 24 | $29.7M | $38.8M | ||
| Q3 24 | $5.6M | $37.3M | ||
| Q2 24 | $48.8M | $35.7M |
| Q1 26 | — | $7.3M | ||
| Q4 25 | $-614.0K | $29.5M | ||
| Q3 25 | $-9.1M | $6.8M | ||
| Q2 25 | $1.6M | $2.4M | ||
| Q1 25 | $1.3M | $22.6M | ||
| Q4 24 | $-1.9M | $-26.2M | ||
| Q3 24 | — | $1.2M | ||
| Q2 24 | $-447.0K | $3.4M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | -5.3% | 44.8% | ||
| Q3 25 | 10.3% | 21.3% | ||
| Q2 25 | 3.0% | 6.9% | ||
| Q1 25 | 0.6% | 41.9% | ||
| Q4 24 | -6.9% | -123.0% | ||
| Q3 24 | — | -3.1% | ||
| Q2 24 | -4.7% | 7.8% |
| Q1 26 | — | 16.0% | ||
| Q4 25 | -1.8% | 36.5% | ||
| Q3 25 | -38.8% | 16.7% | ||
| Q2 25 | 3.2% | 5.6% | ||
| Q1 25 | 2.8% | 38.6% | ||
| Q4 24 | -6.4% | -100.3% | ||
| Q3 24 | — | 3.3% | ||
| Q2 24 | -0.9% | 9.6% |
| Q1 26 | — | $0.30 | ||
| Q4 25 | $-0.04 | $1.19 | ||
| Q3 25 | $-0.65 | $0.28 | ||
| Q2 25 | $0.11 | $0.10 | ||
| Q1 25 | $0.09 | $0.92 | ||
| Q4 24 | $-0.13 | $-0.95 | ||
| Q3 24 | — | $0.05 | ||
| Q2 24 | $-0.04 | $0.14 |
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 | $159.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $249.7M | $427.2M |
| Total Assets | $268.1M | $4.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $159.9M | ||
| Q4 25 | $96.4M | $143.6M | ||
| Q3 25 | $106.0M | $63.9M | ||
| Q2 25 | $117.2M | $94.1M | ||
| Q1 25 | $112.0M | $57.0M | ||
| Q4 24 | $113.0M | $64.5M | ||
| Q3 24 | $129.0M | $77.3M | ||
| Q2 24 | $123.8M | $66.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $2.2M | — | ||
| Q2 24 | $2.1M | — |
| Q1 26 | — | $427.2M | ||
| Q4 25 | $249.7M | $422.9M | ||
| Q3 25 | $256.2M | $382.2M | ||
| Q2 25 | $264.5M | $376.4M | ||
| Q1 25 | $265.9M | $375.6M | ||
| Q4 24 | $267.4M | $351.8M | ||
| Q3 24 | $275.8M | $381.0M | ||
| Q2 24 | $274.6M | $376.0M |
| Q1 26 | — | $4.3B | ||
| Q4 25 | $268.1M | $4.0B | ||
| Q3 25 | $306.2M | $4.0B | ||
| Q2 25 | $314.7M | $3.9B | ||
| Q1 25 | $310.9M | $3.7B | ||
| Q4 24 | $303.2M | $3.7B | ||
| Q3 24 | $315.3M | $4.0B | ||
| Q2 24 | $318.1M | $4.0B |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.01× | — | ||
| Q2 24 | 0.01× | — |
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 | — |
| Free Cash FlowOCF − Capex | $-2.4M | — |
| FCF MarginFCF / Revenue | -7.1% | — |
| Capex IntensityCapex / Revenue | 2.9% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-1.4M | $10.8M | ||
| Q3 25 | — | $-11.4M | ||
| Q2 25 | $7.9M | $-41.0M | ||
| Q1 25 | $3.0M | $34.4M | ||
| Q4 24 | $7.2M | $19.5M | ||
| Q3 24 | $22.2M | $6.1M | ||
| Q2 24 | $4.0M | $52.3M |
| Q1 26 | — | — | ||
| Q4 25 | $-2.4M | $9.0M | ||
| Q3 25 | — | — | ||
| Q2 25 | $7.5M | — | ||
| Q1 25 | $654.0K | — | ||
| Q4 24 | $5.1M | $18.3M | ||
| Q3 24 | $18.2M | — | ||
| Q2 24 | $2.8M | — |
| Q1 26 | — | — | ||
| Q4 25 | -7.1% | 11.2% | ||
| Q3 25 | — | — | ||
| Q2 25 | 15.1% | — | ||
| Q1 25 | 1.4% | — | ||
| Q4 24 | 17.1% | 47.3% | ||
| Q3 24 | 323.0% | — | ||
| Q2 24 | 5.8% | — |
| Q1 26 | — | — | ||
| Q4 25 | 2.9% | 2.1% | ||
| Q3 25 | 2.0% | — | ||
| Q2 25 | 0.8% | — | ||
| Q1 25 | 5.1% | — | ||
| Q4 24 | 7.0% | 3.1% | ||
| Q3 24 | 71.4% | 0.0% | ||
| Q2 24 | 2.5% | 0.0% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.36× | ||
| Q3 25 | — | -1.67× | ||
| Q2 25 | 4.93× | -16.82× | ||
| Q1 25 | 2.30× | 1.52× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 4.93× | ||
| Q2 24 | — | 15.21× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CLFD
Segment breakdown not available.
FRST
| Net Interest Income | $32.1M | 70% |
| Noninterest Income | $13.6M | 30% |
