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Side-by-side financial comparison of Clearfield, Inc. (CLFD) and Limoneira CO (LMNR). Click either name above to swap in a different company.

Limoneira CO is the larger business by last-quarter revenue ($41.3M vs $34.3M, roughly 1.2× Clearfield, Inc.). Clearfield, Inc. runs the higher net margin — -1.8% vs -21.0%, a 19.3% gap on every dollar of revenue. On growth, Limoneira CO posted the faster year-over-year revenue change (-2.8% vs -3.2%). Over the past eight quarters, Limoneira CO's revenue compounded faster (3.8% CAGR vs -3.5%).

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

Limoneira Company is a leading agribusiness headquartered in California, the U.S. It primarily cultivates, processes and distributes premium citrus fruits, avocados and other specialty agricultural products. It operates across North American, Asian and European markets, serving retail and food service clients, alongside a sustainable land real estate development segment.

CLFD vs LMNR — Head-to-Head

Bigger by revenue
LMNR
LMNR
1.2× larger
LMNR
$41.3M
$34.3M
CLFD
Growing faster (revenue YoY)
LMNR
LMNR
+0.4% gap
LMNR
-2.8%
-3.2%
CLFD
Higher net margin
CLFD
CLFD
19.3% more per $
CLFD
-1.8%
-21.0%
LMNR
Faster 2-yr revenue CAGR
LMNR
LMNR
Annualised
LMNR
3.8%
-3.5%
CLFD

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CLFD
CLFD
LMNR
LMNR
Revenue
$34.3M
$41.3M
Net Profit
$-614.0K
$-8.7M
Gross Margin
33.2%
-15.1%
Operating Margin
-5.3%
-26.8%
Net Margin
-1.8%
-21.0%
Revenue YoY
-3.2%
-2.8%
Net Profit YoY
67.8%
-367.5%
EPS (diluted)
$-0.04
$-0.49

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
LMNR
LMNR
Q4 25
$34.3M
$41.3M
Q3 25
$23.4M
$45.9M
Q2 25
$49.9M
$33.6M
Q1 25
$47.2M
$32.9M
Q4 24
$29.7M
$42.5M
Q3 24
$5.6M
$61.8M
Q2 24
$48.8M
$43.3M
Q1 24
$36.9M
$38.3M
Net Profit
CLFD
CLFD
LMNR
LMNR
Q4 25
$-614.0K
$-8.7M
Q3 25
$-9.1M
$-855.0K
Q2 25
$1.6M
$-3.4M
Q1 25
$1.3M
$-3.1M
Q4 24
$-1.9M
$-1.9M
Q3 24
$6.6M
Q2 24
$-447.0K
$6.6M
Q1 24
$-5.9M
$-3.6M
Gross Margin
CLFD
CLFD
LMNR
LMNR
Q4 25
33.2%
-15.1%
Q3 25
53.2%
8.5%
Q2 25
30.5%
5.6%
Q1 25
30.1%
-2.0%
Q4 24
29.2%
6.3%
Q3 24
26.5%
Q2 24
21.9%
6.5%
Q1 24
7.7%
-2.0%
Operating Margin
CLFD
CLFD
LMNR
LMNR
Q4 25
-5.3%
-26.8%
Q3 25
10.3%
-1.4%
Q2 25
3.0%
-10.0%
Q1 25
0.6%
-16.3%
Q4 24
-6.9%
-6.5%
Q3 24
14.5%
Q2 24
-4.7%
-10.8%
Q1 24
-26.4%
-20.2%
Net Margin
CLFD
CLFD
LMNR
LMNR
Q4 25
-1.8%
-21.0%
Q3 25
-38.8%
-1.9%
Q2 25
3.2%
-10.0%
Q1 25
2.8%
-9.4%
Q4 24
-6.4%
-4.4%
Q3 24
10.7%
Q2 24
-0.9%
15.2%
Q1 24
-16.0%
-9.4%
EPS (diluted)
CLFD
CLFD
LMNR
LMNR
Q4 25
$-0.04
$-0.49
Q3 25
$-0.65
$-0.06
Q2 25
$0.11
$-0.20
Q1 25
$0.09
$-0.18
Q4 24
$-0.13
$-0.09
Q3 24
$0.35
Q2 24
$-0.04
$0.35
Q1 24
$-0.40
$-0.21

Balance Sheet & Financial Strength

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

Metric
CLFD
CLFD
LMNR
LMNR
Cash + ST InvestmentsLiquidity on hand
$96.4M
Total DebtLower is stronger
$72.5M
Stockholders' EquityBook value
$249.7M
$180.0M
Total Assets
$268.1M
$311.1M
Debt / EquityLower = less leverage
0.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLFD
CLFD
LMNR
LMNR
Q4 25
$96.4M
Q3 25
$106.0M
Q2 25
$117.2M
Q1 25
$112.0M
Q4 24
$113.0M
Q3 24
$129.0M
Q2 24
$123.8M
Q1 24
$142.9M
Total Debt
CLFD
CLFD
LMNR
LMNR
Q4 25
$72.5M
Q3 25
$63.4M
Q2 25
$55.0M
Q1 25
$58.0M
Q4 24
$40.6M
Q3 24
$2.2M
$40.6M
Q2 24
$2.1M
$60.1M
Q1 24
$52.1M
Stockholders' Equity
CLFD
CLFD
LMNR
LMNR
Q4 25
$249.7M
$180.0M
Q3 25
$256.2M
$180.3M
Q2 25
$264.5M
$182.7M
Q1 25
$265.9M
$186.5M
Q4 24
$267.4M
$191.7M
Q3 24
$275.8M
$194.9M
Q2 24
$274.6M
$189.0M
Q1 24
$279.2M
$184.2M
Total Assets
CLFD
CLFD
LMNR
LMNR
Q4 25
$268.1M
$311.1M
Q3 25
$306.2M
$299.9M
Q2 25
$314.7M
$296.6M
Q1 25
$310.9M
$301.4M
Q4 24
$303.2M
$298.8M
Q3 24
$315.3M
$307.3M
Q2 24
$318.1M
$322.2M
Q1 24
$315.4M
$299.6M
Debt / Equity
CLFD
CLFD
LMNR
LMNR
Q4 25
0.40×
Q3 25
0.35×
Q2 25
0.30×
Q1 25
0.31×
Q4 24
0.21×
Q3 24
0.01×
0.21×
Q2 24
0.01×
0.32×
Q1 24
0.28×

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
LMNR
LMNR
Operating Cash FlowLast quarter
$-1.4M
$942.0K
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
LMNR
LMNR
Q4 25
$-1.4M
$942.0K
Q3 25
$-3.0M
Q2 25
$7.9M
$8.9M
Q1 25
$3.0M
$-12.9M
Q4 24
$7.2M
$6.6M
Q3 24
$22.2M
$24.6M
Q2 24
$4.0M
$-3.0M
Q1 24
$-5.7M
$-10.3M
Free Cash Flow
CLFD
CLFD
LMNR
LMNR
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
LMNR
LMNR
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
LMNR
LMNR
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
LMNR
LMNR
Q4 25
Q3 25
Q2 25
4.93×
Q1 25
2.30×
Q4 24
Q3 24
3.73×
Q2 24
-0.46×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

CLFD
CLFD

Segment breakdown not available.

LMNR
LMNR

Lemon Packing$33.9M82%
Other Agribusiness$5.8M14%
Fresh Lemons$1.3M3%

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