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Side-by-side financial comparison of Clearfield, Inc. (CLFD) and HAWTHORN BANCSHARES, INC. (HWBK). Click either name above to swap in a different company.
Clearfield, Inc. is the larger business by last-quarter revenue ($34.3M vs $21.2M, roughly 1.6× HAWTHORN BANCSHARES, INC.). On growth, HAWTHORN BANCSHARES, INC. posted the faster year-over-year revenue change (12.2% vs -3.2%). HAWTHORN BANCSHARES, INC. produced more free cash flow last quarter ($22.8M vs $-2.4M). Over the past eight quarters, HAWTHORN BANCSHARES, INC.'s revenue compounded faster (9.1% CAGR vs -3.5%).
Clearfield, Inc. is a company headquartered in Minneapolis, Minnesota. The company produces fiber optic products.
Hawthorn Bancshares, Inc. is a U.S. regional bank holding company operating through its wholly owned subsidiary Hawthorn Bank. It provides a full range of retail and commercial banking services including deposit products, mortgage loans, small business financing, commercial lending, and wealth management solutions, primarily serving individual customers and small to mid-sized enterprises across local communities in Missouri.
CLFD vs HWBK — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $34.3M | $21.2M |
| Net Profit | $-614.0K | — |
| Gross Margin | 33.2% | — |
| Operating Margin | -5.3% | 35.7% |
| Net Margin | -1.8% | — |
| Revenue YoY | -3.2% | 12.2% |
| Net Profit YoY | 67.8% | — |
| EPS (diluted) | $-0.04 | $0.90 |
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 | $21.2M | ||
| Q3 25 | $23.4M | $20.6M | ||
| Q2 25 | $49.9M | $19.7M | ||
| Q1 25 | $47.2M | $18.8M | ||
| Q4 24 | $29.7M | $18.9M | ||
| Q3 24 | $5.6M | $18.1M | ||
| Q2 24 | $48.8M | $18.2M | ||
| Q1 24 | $36.9M | $17.8M |
| Q4 25 | $-614.0K | — | ||
| Q3 25 | $-9.1M | $6.1M | ||
| Q2 25 | $1.6M | $6.1M | ||
| Q1 25 | $1.3M | $5.4M | ||
| Q4 24 | $-1.9M | — | ||
| Q3 24 | — | $4.6M | ||
| Q2 24 | $-447.0K | $4.6M | ||
| Q1 24 | $-5.9M | $4.5M |
| 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% | 35.7% | ||
| Q3 25 | 10.3% | 36.4% | ||
| Q2 25 | 3.0% | 37.9% | ||
| Q1 25 | 0.6% | 35.2% | ||
| Q4 24 | -6.9% | 29.9% | ||
| Q3 24 | — | 31.1% | ||
| Q2 24 | -4.7% | 31.2% | ||
| Q1 24 | -26.4% | 30.5% |
| Q4 25 | -1.8% | — | ||
| Q3 25 | -38.8% | 29.8% | ||
| Q2 25 | 3.2% | 31.0% | ||
| Q1 25 | 2.8% | 28.7% | ||
| Q4 24 | -6.4% | — | ||
| Q3 24 | — | 25.3% | ||
| Q2 24 | -0.9% | 25.5% | ||
| Q1 24 | -16.0% | 25.1% |
| Q4 25 | $-0.04 | $0.90 | ||
| Q3 25 | $-0.65 | $0.88 | ||
| Q2 25 | $0.11 | $0.88 | ||
| Q1 25 | $0.09 | $0.77 | ||
| Q4 24 | $-0.13 | $0.66 | ||
| Q3 24 | — | $0.66 | ||
| Q2 24 | $-0.04 | $0.66 | ||
| Q1 24 | $-0.40 | $0.63 |
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 | $104.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $249.7M | $174.2M |
| Total Assets | $268.1M | $1.9B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $96.4M | $104.3M | ||
| Q3 25 | $106.0M | $99.9M | ||
| Q2 25 | $117.2M | $100.3M | ||
| Q1 25 | $112.0M | $102.3M | ||
| Q4 24 | $113.0M | $51.0M | ||
| Q3 24 | $129.0M | $54.2M | ||
| Q2 24 | $123.8M | $75.8M | ||
| Q1 24 | $142.9M | $43.5M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $2.2M | — | ||
| Q2 24 | $2.1M | — | ||
| Q1 24 | — | — |
| Q4 25 | $249.7M | $174.2M | ||
| Q3 25 | $256.2M | $164.9M | ||
| Q2 25 | $264.5M | $156.8M | ||
| Q1 25 | $265.9M | $153.4M | ||
| Q4 24 | $267.4M | $149.5M | ||
| Q3 24 | $275.8M | $146.5M | ||
| Q2 24 | $274.6M | $138.2M | ||
| Q1 24 | $279.2M | $136.6M |
| Q4 25 | $268.1M | $1.9B | ||
| Q3 25 | $306.2M | $1.9B | ||
| Q2 25 | $314.7M | $1.9B | ||
| Q1 25 | $310.9M | $1.9B | ||
| Q4 24 | $303.2M | $1.8B | ||
| Q3 24 | $315.3M | $1.8B | ||
| Q2 24 | $318.1M | $1.8B | ||
| Q1 24 | $315.4M | $1.8B |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-1.4M | $26.9M |
| Free Cash FlowOCF − Capex | $-2.4M | $22.8M |
| FCF MarginFCF / Revenue | -7.1% | 107.9% |
| Capex IntensityCapex / Revenue | 2.9% | 19.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $32.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-1.4M | $26.9M | ||
| Q3 25 | — | $288.0K | ||
| Q2 25 | $7.9M | $5.8M | ||
| Q1 25 | $3.0M | $5.7M | ||
| Q4 24 | $7.2M | $25.6M | ||
| Q3 24 | $22.2M | $9.1M | ||
| Q2 24 | $4.0M | $8.9M | ||
| Q1 24 | $-5.7M | $5.6M |
| Q4 25 | $-2.4M | $22.8M | ||
| Q3 25 | — | $-734.0K | ||
| Q2 25 | $7.5M | $5.1M | ||
| Q1 25 | $654.0K | $5.5M | ||
| Q4 24 | $5.1M | $22.6M | ||
| Q3 24 | $18.2M | $8.1M | ||
| Q2 24 | $2.8M | $8.4M | ||
| Q1 24 | $-7.7M | $5.1M |
| Q4 25 | -7.1% | 107.9% | ||
| Q3 25 | — | -3.6% | ||
| Q2 25 | 15.1% | 25.9% | ||
| Q1 25 | 1.4% | 29.1% | ||
| Q4 24 | 17.1% | 119.7% | ||
| Q3 24 | 323.0% | 44.9% | ||
| Q2 24 | 5.8% | 46.2% | ||
| Q1 24 | -20.8% | 28.5% |
| Q4 25 | 2.9% | 19.3% | ||
| Q3 25 | 2.0% | 5.0% | ||
| Q2 25 | 0.8% | 3.3% | ||
| Q1 25 | 5.1% | 1.5% | ||
| Q4 24 | 7.0% | 15.9% | ||
| Q3 24 | 71.4% | 5.5% | ||
| Q2 24 | 2.5% | 3.0% | ||
| Q1 24 | 5.3% | 3.1% |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.05× | ||
| Q2 25 | 4.93× | 0.94× | ||
| Q1 25 | 2.30× | 1.07× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.99× | ||
| Q2 24 | — | 1.93× | ||
| Q1 24 | — | 1.26× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
