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Side-by-side financial comparison of Clearfield, Inc. (CLFD) and TPG Mortgage Investment Trust, Inc. (MITT). Click either name above to swap in a different company.
Clearfield, Inc. is the larger business by last-quarter revenue ($34.3M vs $20.4M, roughly 1.7× TPG Mortgage Investment Trust, Inc.). TPG Mortgage Investment Trust, Inc. runs the higher net margin — 65.0% vs -1.8%, a 66.8% gap on every dollar of revenue. On growth, TPG Mortgage Investment Trust, Inc. posted the faster year-over-year revenue change (17.7% vs -3.2%). Over the past eight quarters, TPG Mortgage Investment Trust, 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.
TPG Mortgage Investment Trust, Inc. is a real estate investment trust managed by global alternative asset firm TPG. It primarily invests in residential and commercial mortgage-backed securities, performing and non-performing mortgage loans, and other credit-linked real estate assets, with its core market being the United States. It generates returns via net interest income from holdings and strategic asset disposition gains.
CLFD vs MITT — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $34.3M | $20.4M |
| Net Profit | $-614.0K | $13.3M |
| Gross Margin | 33.2% | — |
| Operating Margin | -5.3% | 67.1% |
| Net Margin | -1.8% | 65.0% |
| Revenue YoY | -3.2% | 17.7% |
| Net Profit YoY | 67.8% | -7.0% |
| EPS (diluted) | $-0.04 | $0.27 |
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 | $20.4M | ||
| Q3 25 | $23.4M | $19.5M | ||
| Q2 25 | $49.9M | $17.8M | ||
| Q1 25 | $47.2M | $18.8M | ||
| Q4 24 | $29.7M | $17.4M | ||
| Q3 24 | $5.6M | $14.9M | ||
| Q2 24 | $48.8M | $16.4M | ||
| Q1 24 | $36.9M | $17.2M |
| Q4 25 | $-614.0K | $13.3M | ||
| Q3 25 | $-9.1M | $20.0M | ||
| Q2 25 | $1.6M | $3.9M | ||
| Q1 25 | $1.3M | $11.5M | ||
| Q4 24 | $-1.9M | $14.3M | ||
| Q3 24 | — | $16.6M | ||
| Q2 24 | $-447.0K | $3.9M | ||
| Q1 24 | $-5.9M | $20.9M |
| 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% | 67.1% | ||
| Q3 25 | 10.3% | — | ||
| Q2 25 | 3.0% | 20.9% | ||
| Q1 25 | 0.6% | 54.6% | ||
| Q4 24 | -6.9% | 76.7% | ||
| Q3 24 | — | — | ||
| Q2 24 | -4.7% | 18.4% | ||
| Q1 24 | -26.4% | — |
| Q4 25 | -1.8% | 65.0% | ||
| Q3 25 | -38.8% | 102.5% | ||
| Q2 25 | 3.2% | 22.2% | ||
| Q1 25 | 2.8% | 60.9% | ||
| Q4 24 | -6.4% | 82.2% | ||
| Q3 24 | — | 111.3% | ||
| Q2 24 | -0.9% | 24.0% | ||
| Q1 24 | -16.0% | 121.6% |
| Q4 25 | $-0.04 | $0.27 | ||
| Q3 25 | $-0.65 | $0.47 | ||
| Q2 25 | $0.11 | $-0.05 | ||
| Q1 25 | $0.09 | $0.21 | ||
| Q4 24 | $-0.13 | $0.30 | ||
| Q3 24 | — | $0.40 | ||
| Q2 24 | $-0.04 | $-0.02 | ||
| Q1 24 | $-0.40 | $0.55 |
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 | $57.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $249.7M | $560.7M |
| Total Assets | $268.1M | $8.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $96.4M | $57.8M | ||
| Q3 25 | $106.0M | $59.0M | ||
| Q2 25 | $117.2M | $88.7M | ||
| Q1 25 | $112.0M | $115.5M | ||
| Q4 24 | $113.0M | $118.7M | ||
| Q3 24 | $129.0M | $102.5M | ||
| Q2 24 | $123.8M | $120.9M | ||
| Q1 24 | $142.9M | $100.3M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $2.2M | — | ||
| Q2 24 | $2.1M | — | ||
| Q1 24 | — | — |
| Q4 25 | $249.7M | $560.7M | ||
| Q3 25 | $256.2M | $559.8M | ||
| Q2 25 | $264.5M | $536.4M | ||
| Q1 25 | $265.9M | $543.9M | ||
| Q4 24 | $267.4M | $543.4M | ||
| Q3 24 | $275.8M | $540.1M | ||
| Q2 24 | $274.6M | $533.5M | ||
| Q1 24 | $279.2M | $539.6M |
| Q4 25 | $268.1M | $8.7B | ||
| Q3 25 | $306.2M | $9.0B | ||
| Q2 25 | $314.7M | $7.5B | ||
| Q1 25 | $310.9M | $7.3B | ||
| Q4 24 | $303.2M | $6.9B | ||
| Q3 24 | $315.3M | $7.0B | ||
| Q2 24 | $318.1M | $7.1B | ||
| Q1 24 | $315.4M | $6.4B |
| 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 | $59.6M |
| Free Cash FlowOCF − Capex | $-2.4M | — |
| FCF MarginFCF / Revenue | -7.1% | — |
| Capex IntensityCapex / Revenue | 2.9% | — |
| Cash ConversionOCF / Net Profit | — | 4.48× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-1.4M | $59.6M | ||
| Q3 25 | — | $17.4M | ||
| Q2 25 | $7.9M | $11.5M | ||
| Q1 25 | $3.0M | $12.0M | ||
| Q4 24 | $7.2M | $55.8M | ||
| Q3 24 | $22.2M | $14.5M | ||
| Q2 24 | $4.0M | $13.7M | ||
| Q1 24 | $-5.7M | $12.0M |
| 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 | — |
| 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% | — |
| 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% | — |
| Q4 25 | — | 4.48× | ||
| Q3 25 | — | 0.87× | ||
| Q2 25 | 4.93× | 2.92× | ||
| Q1 25 | 2.30× | 1.05× | ||
| Q4 24 | — | 3.91× | ||
| Q3 24 | — | 0.87× | ||
| Q2 24 | — | 3.50× | ||
| Q1 24 | — | 0.57× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
