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Side-by-side financial comparison of Clearfield, Inc. (CLFD) and NORTHERN TECHNOLOGIES INTERNATIONAL CORP (NTIC). Click either name above to swap in a different company.
Clearfield, Inc. is the larger business by last-quarter revenue ($34.3M vs $23.3M, roughly 1.5× NORTHERN TECHNOLOGIES INTERNATIONAL CORP). NORTHERN TECHNOLOGIES INTERNATIONAL CORP runs the higher net margin — 1.0% vs -1.8%, a 2.8% gap on every dollar of revenue. On growth, NORTHERN TECHNOLOGIES INTERNATIONAL CORP posted the faster year-over-year revenue change (9.2% vs -3.2%). NORTHERN TECHNOLOGIES INTERNATIONAL CORP produced more free cash flow last quarter ($-479.7K vs $-2.4M). Over the past eight quarters, NORTHERN TECHNOLOGIES INTERNATIONAL CORP's revenue compounded faster (5.8% CAGR vs -3.5%).
Clearfield, Inc. is a company headquartered in Minneapolis, Minnesota. The company produces fiber optic products.
Maxar Technologies Inc., was an American space technology company, specializing in geospatial intelligence, Earth observation, and on-orbit satellite servicing, satellite products, and related services. DigitalGlobe and MDA Holdings Company merged to become Maxar Technologies on October 5, 2017.
CLFD vs NTIC — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $34.3M | $23.3M |
| Net Profit | $-614.0K | $237.8K |
| Gross Margin | 33.2% | 36.0% |
| Operating Margin | -5.3% | 4.0% |
| Net Margin | -1.8% | 1.0% |
| Revenue YoY | -3.2% | 9.2% |
| Net Profit YoY | 67.8% | -57.6% |
| EPS (diluted) | $-0.04 | $0.03 |
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 | $23.3M | ||
| Q3 25 | $23.4M | $22.3M | ||
| Q2 25 | $49.9M | $21.5M | ||
| Q1 25 | $47.2M | $19.1M | ||
| Q4 24 | $29.7M | $21.3M | ||
| Q3 24 | $5.6M | $23.3M | ||
| Q2 24 | $48.8M | $20.7M | ||
| Q1 24 | $36.9M | $20.8M |
| Q4 25 | $-614.0K | $237.8K | ||
| Q3 25 | $-9.1M | $-1.1M | ||
| Q2 25 | $1.6M | $121.8K | ||
| Q1 25 | $1.3M | $434.3K | ||
| Q4 24 | $-1.9M | $561.1K | ||
| Q3 24 | — | $1.8M | ||
| Q2 24 | $-447.0K | $976.6K | ||
| Q1 24 | $-5.9M | $1.7M |
| Q4 25 | 33.2% | 36.0% | ||
| Q3 25 | 53.2% | 37.9% | ||
| Q2 25 | 30.5% | 38.4% | ||
| Q1 25 | 30.1% | 35.6% | ||
| Q4 24 | 29.2% | 38.3% | ||
| Q3 24 | — | 43.8% | ||
| Q2 24 | 21.9% | 38.2% | ||
| Q1 24 | 7.7% | 40.0% |
| Q4 25 | -5.3% | 4.0% | ||
| Q3 25 | 10.3% | 4.2% | ||
| Q2 25 | 3.0% | 4.0% | ||
| Q1 25 | 0.6% | -1.7% | ||
| Q4 24 | -6.9% | 5.2% | ||
| Q3 24 | — | 11.8% | ||
| Q2 24 | -4.7% | 7.4% | ||
| Q1 24 | -26.4% | 10.6% |
| Q4 25 | -1.8% | 1.0% | ||
| Q3 25 | -38.8% | -4.9% | ||
| Q2 25 | 3.2% | 0.6% | ||
| Q1 25 | 2.8% | 2.3% | ||
| Q4 24 | -6.4% | 2.6% | ||
| Q3 24 | — | 7.9% | ||
| Q2 24 | -0.9% | 4.7% | ||
| Q1 24 | -16.0% | 8.2% |
| Q4 25 | $-0.04 | $0.03 | ||
| Q3 25 | $-0.65 | $-0.11 | ||
| Q2 25 | $0.11 | $0.01 | ||
| Q1 25 | $0.09 | $0.04 | ||
| Q4 24 | $-0.13 | $0.06 | ||
| Q3 24 | — | $0.19 | ||
| Q2 24 | $-0.04 | $0.10 | ||
| Q1 24 | $-0.40 | $0.17 |
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 | $6.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $249.7M | $72.4M |
| Total Assets | $268.1M | $104.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $96.4M | $6.4M | ||
| Q3 25 | $106.0M | $7.3M | ||
| Q2 25 | $117.2M | $6.8M | ||
| Q1 25 | $112.0M | $5.1M | ||
| Q4 24 | $113.0M | $5.6M | ||
| Q3 24 | $129.0M | $5.0M | ||
| Q2 24 | $123.8M | $5.8M | ||
| Q1 24 | $142.9M | $4.8M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $2.2M | — | ||
| Q2 24 | $2.1M | — | ||
| Q1 24 | — | — |
| Q4 25 | $249.7M | $72.4M | ||
| Q3 25 | $256.2M | $72.1M | ||
| Q2 25 | $264.5M | $72.4M | ||
| Q1 25 | $265.9M | $69.7M | ||
| Q4 24 | $267.4M | $70.2M | ||
| Q3 24 | $275.8M | $71.2M | ||
| Q2 24 | $274.6M | $68.9M | ||
| Q1 24 | $279.2M | $68.4M |
| Q4 25 | $268.1M | $104.0M | ||
| Q3 25 | $306.2M | $102.7M | ||
| Q2 25 | $314.7M | $99.3M | ||
| Q1 25 | $310.9M | $93.7M | ||
| Q4 24 | $303.2M | $94.0M | ||
| Q3 24 | $315.3M | $94.7M | ||
| Q2 24 | $318.1M | $89.3M | ||
| Q1 24 | $315.4M | $87.3M |
| 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 | $341.9K |
| Free Cash FlowOCF − Capex | $-2.4M | $-479.7K |
| FCF MarginFCF / Revenue | -7.1% | -2.1% |
| Capex IntensityCapex / Revenue | 2.9% | 3.5% |
| Cash ConversionOCF / Net Profit | — | 1.44× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-1.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-1.4M | $341.9K | ||
| Q3 25 | — | $-1.4M | ||
| Q2 25 | $7.9M | $609.7K | ||
| Q1 25 | $3.0M | $803.7K | ||
| Q4 24 | $7.2M | $2.4M | ||
| Q3 24 | $22.2M | — | ||
| Q2 24 | $4.0M | $1.9M | ||
| Q1 24 | $-5.7M | — |
| Q4 25 | $-2.4M | $-479.7K | ||
| Q3 25 | — | $-1.4M | ||
| Q2 25 | $7.5M | $-171.2K | ||
| Q1 25 | $654.0K | $293.1K | ||
| Q4 24 | $5.1M | $1.2M | ||
| Q3 24 | $18.2M | — | ||
| Q2 24 | $2.8M | $869.4K | ||
| Q1 24 | $-7.7M | — |
| Q4 25 | -7.1% | -2.1% | ||
| Q3 25 | — | -6.3% | ||
| Q2 25 | 15.1% | -0.8% | ||
| Q1 25 | 1.4% | 1.5% | ||
| Q4 24 | 17.1% | 5.5% | ||
| Q3 24 | 323.0% | — | ||
| Q2 24 | 5.8% | 4.2% | ||
| Q1 24 | -20.8% | — |
| Q4 25 | 2.9% | 3.5% | ||
| Q3 25 | 2.0% | 0.2% | ||
| Q2 25 | 0.8% | 3.6% | ||
| Q1 25 | 5.1% | 2.7% | ||
| Q4 24 | 7.0% | 5.7% | ||
| Q3 24 | 71.4% | — | ||
| Q2 24 | 2.5% | 5.2% | ||
| Q1 24 | 5.3% | — |
| Q4 25 | — | 1.44× | ||
| Q3 25 | — | — | ||
| Q2 25 | 4.93× | 5.01× | ||
| Q1 25 | 2.30× | 1.85× | ||
| Q4 24 | — | 4.27× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 1.99× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CLFD
Segment breakdown not available.
NTIC
| Inside The USA To Unaffiliated Customers | $7.5M | 32% |
| Natur Tec | $6.0M | 26% |
| Acobal | $3.6M | 15% |
| Other | $2.7M | 12% |
| BR | $2.1M | 9% |
| Zerust OY | $1.4M | 6% |
