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Side-by-side financial comparison of Clearfield, Inc. (CLFD) and Granite Point Mortgage Trust Inc. (GPMT). Click either name above to swap in a different company.

Clearfield, Inc. is the larger business by last-quarter revenue ($34.3M vs $29.1M, roughly 1.2× Granite Point Mortgage Trust Inc.). Clearfield, Inc. runs the higher net margin — -1.8% vs -81.9%, a 80.1% gap on every dollar of revenue. On growth, Clearfield, Inc. posted the faster year-over-year revenue change (-3.2% vs -24.9%). Over the past eight quarters, Granite Point Mortgage Trust Inc.'s revenue compounded faster (52.3% CAGR vs -3.5%).

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

Granite Point Mortgage Trust Inc. is a U.S.-based real estate finance company that primarily originates, manages and invests in senior secured commercial real estate debt instruments. Its core portfolio covers loans backed by multifamily, office, industrial, retail and other commercial property types across key U.S. regional markets, serving institutional and commercial real estate operator clients.

CLFD vs GPMT — Head-to-Head

Bigger by revenue
CLFD
CLFD
1.2× larger
CLFD
$34.3M
$29.1M
GPMT
Growing faster (revenue YoY)
CLFD
CLFD
+21.7% gap
CLFD
-3.2%
-24.9%
GPMT
Higher net margin
CLFD
CLFD
80.1% more per $
CLFD
-1.8%
-81.9%
GPMT
Faster 2-yr revenue CAGR
GPMT
GPMT
Annualised
GPMT
52.3%
-3.5%
CLFD

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CLFD
CLFD
GPMT
GPMT
Revenue
$34.3M
$29.1M
Net Profit
$-614.0K
$-23.8M
Gross Margin
33.2%
Operating Margin
-5.3%
-81.9%
Net Margin
-1.8%
-81.9%
Revenue YoY
-3.2%
-24.9%
Net Profit YoY
67.8%
38.7%
EPS (diluted)
$-0.04
$-0.58

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
GPMT
GPMT
Q4 25
$34.3M
$29.1M
Q3 25
$23.4M
$33.7M
Q2 25
$49.9M
$33.8M
Q1 25
$47.2M
$35.1M
Q4 24
$29.7M
$38.7M
Q3 24
$5.6M
$44.3M
Q2 24
$48.8M
$48.5M
Q1 24
$36.9M
$12.5M
Net Profit
CLFD
CLFD
GPMT
GPMT
Q4 25
$-614.0K
$-23.8M
Q3 25
$-9.1M
$3.0M
Q2 25
$1.6M
$-13.4M
Q1 25
$1.3M
$-7.0M
Q4 24
$-1.9M
$-38.8M
Q3 24
$-31.0M
Q2 24
$-447.0K
$-63.1M
Q1 24
$-5.9M
$-74.1M
Gross Margin
CLFD
CLFD
GPMT
GPMT
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
GPMT
GPMT
Q4 25
-5.3%
-81.9%
Q3 25
10.3%
9.2%
Q2 25
3.0%
-39.5%
Q1 25
0.6%
-19.8%
Q4 24
-6.9%
-100.3%
Q3 24
-70.0%
Q2 24
-4.7%
-130.1%
Q1 24
-26.4%
-591.9%
Net Margin
CLFD
CLFD
GPMT
GPMT
Q4 25
-1.8%
-81.9%
Q3 25
-38.8%
9.0%
Q2 25
3.2%
-39.5%
Q1 25
2.8%
-20.0%
Q4 24
-6.4%
-100.3%
Q3 24
-70.0%
Q2 24
-0.9%
-130.1%
Q1 24
-16.0%
-591.9%
EPS (diluted)
CLFD
CLFD
GPMT
GPMT
Q4 25
$-0.04
$-0.58
Q3 25
$-0.65
$-0.01
Q2 25
$0.11
$-0.35
Q1 25
$0.09
$-0.22
Q4 24
$-0.13
$-0.86
Q3 24
$-0.69
Q2 24
$-0.04
$-1.31
Q1 24
$-0.40
$-1.53

Balance Sheet & Financial Strength

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

Metric
CLFD
CLFD
GPMT
GPMT
Cash + ST InvestmentsLiquidity on hand
$96.4M
$66.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$249.7M
$552.7M
Total Assets
$268.1M
$1.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLFD
CLFD
GPMT
GPMT
Q4 25
$96.4M
$66.0M
Q3 25
$106.0M
$62.7M
Q2 25
$117.2M
$85.1M
Q1 25
$112.0M
$85.7M
Q4 24
$113.0M
$87.8M
Q3 24
$129.0M
$113.5M
Q2 24
$123.8M
$85.9M
Q1 24
$142.9M
$155.2M
Total Debt
CLFD
CLFD
GPMT
GPMT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$2.2M
Q2 24
$2.1M
Q1 24
Stockholders' Equity
CLFD
CLFD
GPMT
GPMT
Q4 25
$249.7M
$552.7M
Q3 25
$256.2M
$582.0M
Q2 25
$264.5M
$584.2M
Q1 25
$265.9M
$604.7M
Q4 24
$267.4M
$619.1M
Q3 24
$275.8M
$667.8M
Q2 24
$274.6M
$704.6M
Q1 24
$279.2M
$774.1M
Total Assets
CLFD
CLFD
GPMT
GPMT
Q4 25
$268.1M
$1.8B
Q3 25
$306.2M
$1.8B
Q2 25
$314.7M
$1.9B
Q1 25
$310.9M
$2.0B
Q4 24
$303.2M
$2.1B
Q3 24
$315.3M
$2.3B
Q2 24
$318.1M
$2.5B
Q1 24
$315.4M
$2.7B
Debt / Equity
CLFD
CLFD
GPMT
GPMT
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
GPMT
GPMT
Operating Cash FlowLast quarter
$-1.4M
$2.7M
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.

Operating Cash Flow
CLFD
CLFD
GPMT
GPMT
Q4 25
$-1.4M
$2.7M
Q3 25
$4.5M
Q2 25
$7.9M
$736.0K
Q1 25
$3.0M
$-5.7M
Q4 24
$7.2M
$8.8M
Q3 24
$22.2M
$6.1M
Q2 24
$4.0M
$987.0K
Q1 24
$-5.7M
$1.7M
Free Cash Flow
CLFD
CLFD
GPMT
GPMT
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
GPMT
GPMT
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
GPMT
GPMT
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
GPMT
GPMT
Q4 25
Q3 25
1.49×
Q2 25
4.93×
Q1 25
2.30×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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