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Side-by-side financial comparison of Clearfield, Inc. (CLFD) and Inogen Inc (INGN). Click either name above to swap in a different company.
Inogen Inc is the larger business by last-quarter revenue ($68.6M vs $34.3M, roughly 2.0× Clearfield, Inc.). On growth, Inogen Inc posted the faster year-over-year revenue change (3.4% vs -3.2%). Inogen Inc produced more free cash flow last quarter ($-1.9M vs $-2.4M). Over the past eight quarters, Inogen Inc's revenue compounded faster (4.2% CAGR vs -3.5%).
Clearfield, Inc. is a company headquartered in Minneapolis, Minnesota. The company produces fiber optic products.
Inogen Inc is a medical technology firm specializing in the development, production and distribution of portable oxygen concentrators and associated respiratory care products. It caters primarily to patients with chronic respiratory conditions needing long-term oxygen therapy across North America, Europe and other global markets, focusing on home care and ambulatory patient segments to enhance users' quality of life.
CLFD vs INGN — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $34.3M | $68.6M |
| Net Profit | $-614.0K | — |
| Gross Margin | 33.2% | 51.4% |
| Operating Margin | -5.3% | -13.6% |
| Net Margin | -1.8% | — |
| Revenue YoY | -3.2% | 3.4% |
| Net Profit YoY | 67.8% | — |
| EPS (diluted) | $-0.04 | $-0.26 |
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 | $68.6M | ||
| Q3 25 | $23.4M | $79.1M | ||
| Q2 25 | $49.9M | $79.2M | ||
| Q1 25 | $47.2M | $68.5M | ||
| Q4 24 | $29.7M | $66.3M | ||
| Q3 24 | $5.6M | $74.9M | ||
| Q2 24 | $48.8M | $74.4M | ||
| Q1 24 | $36.9M | $63.1M |
| Q4 25 | $-614.0K | — | ||
| Q3 25 | $-9.1M | $-5.3M | ||
| Q2 25 | $1.6M | $-4.2M | ||
| Q1 25 | $1.3M | $-6.2M | ||
| Q4 24 | $-1.9M | — | ||
| Q3 24 | — | $-6.0M | ||
| Q2 24 | $-447.0K | $-5.6M | ||
| Q1 24 | $-5.9M | $-14.6M |
| Q4 25 | 33.2% | 51.4% | ||
| Q3 25 | 53.2% | 52.2% | ||
| Q2 25 | 30.5% | 52.2% | ||
| Q1 25 | 30.1% | 53.1% | ||
| Q4 24 | 29.2% | 54.7% | ||
| Q3 24 | — | 55.2% | ||
| Q2 24 | 21.9% | 57.4% | ||
| Q1 24 | 7.7% | 54.5% |
| Q4 25 | -5.3% | -13.6% | ||
| Q3 25 | 10.3% | -9.0% | ||
| Q2 25 | 3.0% | -7.7% | ||
| Q1 25 | 0.6% | -11.2% | ||
| Q4 24 | -6.9% | -17.2% | ||
| Q3 24 | — | -10.4% | ||
| Q2 24 | -4.7% | -9.5% | ||
| Q1 24 | -26.4% | -25.8% |
| Q4 25 | -1.8% | — | ||
| Q3 25 | -38.8% | -6.7% | ||
| Q2 25 | 3.2% | -5.2% | ||
| Q1 25 | 2.8% | -9.0% | ||
| Q4 24 | -6.4% | — | ||
| Q3 24 | — | -8.0% | ||
| Q2 24 | -0.9% | -7.5% | ||
| Q1 24 | -16.0% | -23.1% |
| Q4 25 | $-0.04 | $-0.26 | ||
| Q3 25 | $-0.65 | $-0.20 | ||
| Q2 25 | $0.11 | $-0.15 | ||
| Q1 25 | $0.09 | $-0.25 | ||
| Q4 24 | $-0.13 | $-0.41 | ||
| Q3 24 | — | $-0.25 | ||
| Q2 24 | $-0.04 | $-0.24 | ||
| Q1 24 | $-0.40 | $-0.62 |
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 | $103.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $249.7M | $192.2M |
| Total Assets | $268.1M | $298.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $96.4M | $103.7M | ||
| Q3 25 | $106.0M | $106.5M | ||
| Q2 25 | $117.2M | $103.7M | ||
| Q1 25 | $112.0M | $118.9M | ||
| Q4 24 | $113.0M | $113.8M | ||
| Q3 24 | $129.0M | $105.7M | ||
| Q2 24 | $123.8M | $97.9M | ||
| Q1 24 | $142.9M | $107.4M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $2.2M | — | ||
| Q2 24 | $2.1M | — | ||
| Q1 24 | — | — |
| Q4 25 | $249.7M | $192.2M | ||
| Q3 25 | $256.2M | $197.2M | ||
| Q2 25 | $264.5M | $199.5M | ||
| Q1 25 | $265.9M | $198.0M | ||
| Q4 24 | $267.4M | $173.9M | ||
| Q3 24 | $275.8M | $185.4M | ||
| Q2 24 | $274.6M | $187.6M | ||
| Q1 24 | $279.2M | $191.9M |
| Q4 25 | $268.1M | $298.6M | ||
| Q3 25 | $306.2M | $307.0M | ||
| Q2 25 | $314.7M | $312.0M | ||
| Q1 25 | $310.9M | $308.4M | ||
| Q4 24 | $303.2M | $296.2M | ||
| Q3 24 | $315.3M | $306.2M | ||
| Q2 24 | $318.1M | $308.9M | ||
| Q1 24 | $315.4M | $315.6M |
| 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 | $-943.0K |
| Free Cash FlowOCF − Capex | $-2.4M | $-1.9M |
| FCF MarginFCF / Revenue | -7.1% | -2.8% |
| Capex IntensityCapex / Revenue | 2.9% | 1.4% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-13.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-1.4M | $-943.0K | ||
| Q3 25 | — | $2.2M | ||
| Q2 25 | $7.9M | $4.3M | ||
| Q1 25 | $3.0M | $-16.8M | ||
| Q4 24 | $7.2M | $-3.0M | ||
| Q3 24 | $22.2M | $7.0M | ||
| Q2 24 | $4.0M | $6.7M | ||
| Q1 24 | $-5.7M | $-4.7M |
| Q4 25 | $-2.4M | $-1.9M | ||
| Q3 25 | — | $1.6M | ||
| Q2 25 | $7.5M | $3.7M | ||
| Q1 25 | $654.0K | $-17.1M | ||
| Q4 24 | $5.1M | $-3.3M | ||
| Q3 24 | $18.2M | $5.3M | ||
| Q2 24 | $2.8M | $6.6M | ||
| Q1 24 | $-7.7M | $-6.1M |
| Q4 25 | -7.1% | -2.8% | ||
| Q3 25 | — | 2.0% | ||
| Q2 25 | 15.1% | 4.6% | ||
| Q1 25 | 1.4% | -24.9% | ||
| Q4 24 | 17.1% | -5.0% | ||
| Q3 24 | 323.0% | 7.1% | ||
| Q2 24 | 5.8% | 8.9% | ||
| Q1 24 | -20.8% | -9.6% |
| Q4 25 | 2.9% | 1.4% | ||
| Q3 25 | 2.0% | 0.7% | ||
| Q2 25 | 0.8% | 0.9% | ||
| Q1 25 | 5.1% | 0.4% | ||
| Q4 24 | 7.0% | 0.5% | ||
| Q3 24 | 71.4% | 2.2% | ||
| Q2 24 | 2.5% | 0.1% | ||
| Q1 24 | 5.3% | 2.1% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| 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.
Revenue Breakdown by Segment
CLFD
Segment breakdown not available.
INGN
| Other | $36.1M | 53% |
| Non Us | $32.5M | 47% |
