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Side-by-side financial comparison of Clearfield, Inc. (CLFD) and Ladder Capital Corp (LADR). Click either name above to swap in a different company.
Clearfield, Inc. is the larger business by last-quarter revenue ($34.3M vs $22.3M, roughly 1.5× Ladder Capital Corp). Ladder Capital Corp runs the higher net margin — 71.0% vs -1.8%, a 72.8% gap on every dollar of revenue. On growth, Clearfield, Inc. posted the faster year-over-year revenue change (-3.2% vs -18.0%). Ladder Capital Corp produced more free cash flow last quarter ($78.7M vs $-2.4M). Over the past eight quarters, Clearfield, Inc.'s revenue compounded faster (-3.5% CAGR vs -22.5%).
Clearfield, Inc. is a company headquartered in Minneapolis, Minnesota. The company produces fiber optic products.
Ladder Capital Corp is a leading commercial real estate finance firm operating primarily across the United States. It originates and manages a diversified portfolio of senior secured commercial mortgage loans, mezzanine debt, commercial mortgage-backed securities, and direct real estate assets, serving property owners, operators and developers across major market segments.
CLFD vs LADR — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $34.3M | $22.3M |
| Net Profit | $-614.0K | $15.9M |
| Gross Margin | 33.2% | — |
| Operating Margin | -5.3% | 69.5% |
| Net Margin | -1.8% | 71.0% |
| Revenue YoY | -3.2% | -18.0% |
| Net Profit YoY | 67.8% | -49.4% |
| EPS (diluted) | $-0.04 | $0.13 |
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 | $22.3M | ||
| Q3 25 | $23.4M | $27.8M | ||
| Q2 25 | $49.9M | $21.5M | ||
| Q1 25 | $47.2M | $20.3M | ||
| Q4 24 | $29.7M | $27.2M | ||
| Q3 24 | $5.6M | $38.4M | ||
| Q2 24 | $48.8M | $34.3M | ||
| Q1 24 | $36.9M | $37.1M |
| Q4 25 | $-614.0K | $15.9M | ||
| Q3 25 | $-9.1M | $19.2M | ||
| Q2 25 | $1.6M | $17.1M | ||
| Q1 25 | $1.3M | $11.6M | ||
| Q4 24 | $-1.9M | $31.3M | ||
| Q3 24 | — | $27.6M | ||
| Q2 24 | $-447.0K | $32.1M | ||
| Q1 24 | $-5.9M | $16.4M |
| 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% | 69.5% | ||
| Q3 25 | 10.3% | 72.4% | ||
| Q2 25 | 3.0% | 96.7% | ||
| Q1 25 | 0.6% | 52.7% | ||
| Q4 24 | -6.9% | — | ||
| Q3 24 | — | 74.1% | ||
| Q2 24 | -4.7% | 90.4% | ||
| Q1 24 | -26.4% | 49.4% |
| Q4 25 | -1.8% | 71.0% | ||
| Q3 25 | -38.8% | 69.0% | ||
| Q2 25 | 3.2% | 79.5% | ||
| Q1 25 | 2.8% | 56.8% | ||
| Q4 24 | -6.4% | 115.1% | ||
| Q3 24 | — | 71.7% | ||
| Q2 24 | -0.9% | 93.6% | ||
| Q1 24 | -16.0% | 44.2% |
| Q4 25 | $-0.04 | $0.13 | ||
| Q3 25 | $-0.65 | $0.15 | ||
| Q2 25 | $0.11 | $0.14 | ||
| Q1 25 | $0.09 | $0.09 | ||
| Q4 24 | $-0.13 | $0.25 | ||
| Q3 24 | — | $0.22 | ||
| Q2 24 | $-0.04 | $0.26 | ||
| Q1 24 | $-0.40 | $0.13 |
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 | $38.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $249.7M | $1.5B |
| Total Assets | $268.1M | $5.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $96.4M | $38.0M | ||
| Q3 25 | $106.0M | $49.4M | ||
| Q2 25 | $117.2M | $134.9M | ||
| Q1 25 | $112.0M | $479.8M | ||
| Q4 24 | $113.0M | $1.3B | ||
| Q3 24 | $129.0M | $1.6B | ||
| Q2 24 | $123.8M | $1.2B | ||
| Q1 24 | $142.9M | $1.2B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $2.2M | — | ||
| Q2 24 | $2.1M | — | ||
| Q1 24 | — | — |
| Q4 25 | $249.7M | $1.5B | ||
| Q3 25 | $256.2M | $1.5B | ||
| Q2 25 | $264.5M | $1.5B | ||
| Q1 25 | $265.9M | $1.5B | ||
| Q4 24 | $267.4M | $1.5B | ||
| Q3 24 | $275.8M | $1.5B | ||
| Q2 24 | $274.6M | $1.5B | ||
| Q1 24 | $279.2M | $1.5B |
| Q4 25 | $268.1M | $5.2B | ||
| Q3 25 | $306.2M | $4.7B | ||
| Q2 25 | $314.7M | $4.5B | ||
| Q1 25 | $310.9M | $4.5B | ||
| Q4 24 | $303.2M | $4.8B | ||
| Q3 24 | $315.3M | $4.8B | ||
| Q2 24 | $318.1M | $4.8B | ||
| Q1 24 | $315.4M | $5.3B |
| 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 | $87.0M |
| Free Cash FlowOCF − Capex | $-2.4M | $78.7M |
| FCF MarginFCF / Revenue | -7.1% | 352.4% |
| Capex IntensityCapex / Revenue | 2.9% | 37.4% |
| Cash ConversionOCF / Net Profit | — | 5.49× |
| TTM Free Cash FlowTrailing 4 quarters | — | $118.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-1.4M | $87.0M | ||
| Q3 25 | — | $26.3M | ||
| Q2 25 | $7.9M | $44.0M | ||
| Q1 25 | $3.0M | $-28.7M | ||
| Q4 24 | $7.2M | $133.9M | ||
| Q3 24 | $22.2M | $169.0M | ||
| Q2 24 | $4.0M | $45.4M | ||
| Q1 24 | $-5.7M | $-20.4M |
| Q4 25 | $-2.4M | $78.7M | ||
| Q3 25 | — | $25.9M | ||
| Q2 25 | $7.5M | $43.4M | ||
| Q1 25 | $654.0K | $-29.6M | ||
| Q4 24 | $5.1M | $127.4M | ||
| Q3 24 | $18.2M | $166.0M | ||
| Q2 24 | $2.8M | $44.9M | ||
| Q1 24 | $-7.7M | $-21.7M |
| Q4 25 | -7.1% | 352.4% | ||
| Q3 25 | — | 93.1% | ||
| Q2 25 | 15.1% | 201.6% | ||
| Q1 25 | 1.4% | -145.6% | ||
| Q4 24 | 17.1% | 468.2% | ||
| Q3 24 | 323.0% | 432.1% | ||
| Q2 24 | 5.8% | 131.0% | ||
| Q1 24 | -20.8% | -58.6% |
| Q4 25 | 2.9% | 37.4% | ||
| Q3 25 | 2.0% | 1.7% | ||
| Q2 25 | 0.8% | 2.9% | ||
| Q1 25 | 5.1% | 4.3% | ||
| Q4 24 | 7.0% | 23.9% | ||
| Q3 24 | 71.4% | 7.8% | ||
| Q2 24 | 2.5% | 1.3% | ||
| Q1 24 | 5.3% | 3.7% |
| Q4 25 | — | 5.49× | ||
| Q3 25 | — | 1.37× | ||
| Q2 25 | 4.93× | 2.57× | ||
| Q1 25 | 2.30× | -2.49× | ||
| Q4 24 | — | 4.27× | ||
| Q3 24 | — | 6.13× | ||
| Q2 24 | — | 1.41× | ||
| Q1 24 | — | -1.24× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
