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Side-by-side financial comparison of Clearfield, Inc. (CLFD) and READING INTERNATIONAL INC (RDI). Click either name above to swap in a different company.
READING INTERNATIONAL INC is the larger business by last-quarter revenue ($50.3M vs $34.3M, roughly 1.5× Clearfield, Inc.). Clearfield, Inc. runs the higher net margin — -1.8% vs -5.1%, a 3.3% gap on every dollar of revenue. On growth, Clearfield, Inc. posted the faster year-over-year revenue change (-3.2% vs -14.2%). READING INTERNATIONAL INC produced more free cash flow last quarter ($4.1M vs $-2.4M). Over the past eight quarters, READING INTERNATIONAL INC's revenue compounded faster (5.6% CAGR vs -3.5%).
Clearfield, Inc. is a company headquartered in Minneapolis, Minnesota. The company produces fiber optic products.
The Reading Company was a Philadelphia-headquartered railroad that provided passenger and freight transport in eastern Pennsylvania and neighboring states from 1924 until its acquisition by Conrail in 1976.
CLFD vs RDI — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $34.3M | $50.3M |
| Net Profit | $-614.0K | $-2.6M |
| Gross Margin | 33.2% | — |
| Operating Margin | -5.3% | -1.9% |
| Net Margin | -1.8% | -5.1% |
| Revenue YoY | -3.2% | -14.2% |
| Net Profit YoY | 67.8% | -14.5% |
| EPS (diluted) | $-0.04 | $-0.11 |
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 | $50.3M | ||
| Q3 25 | $23.4M | $52.2M | ||
| Q2 25 | $49.9M | $60.4M | ||
| Q1 25 | $47.2M | $40.2M | ||
| Q4 24 | $29.7M | $58.6M | ||
| Q3 24 | $5.6M | $60.1M | ||
| Q2 24 | $48.8M | $46.8M | ||
| Q1 24 | $36.9M | $45.1M |
| Q4 25 | $-614.0K | $-2.6M | ||
| Q3 25 | $-9.1M | $-4.2M | ||
| Q2 25 | $1.6M | $-2.7M | ||
| Q1 25 | $1.3M | $-4.8M | ||
| Q4 24 | $-1.9M | $-2.2M | ||
| Q3 24 | — | $-7.0M | ||
| Q2 24 | $-447.0K | $-12.8M | ||
| Q1 24 | $-5.9M | $-13.2M |
| 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% | -1.9% | ||
| Q3 25 | 10.3% | -0.6% | ||
| Q2 25 | 3.0% | 4.8% | ||
| Q1 25 | 0.6% | -17.2% | ||
| Q4 24 | -6.9% | 2.6% | ||
| Q3 24 | — | -0.6% | ||
| Q2 24 | -4.7% | -16.4% | ||
| Q1 24 | -26.4% | -16.7% |
| Q4 25 | -1.8% | -5.1% | ||
| Q3 25 | -38.8% | -8.0% | ||
| Q2 25 | 3.2% | -4.4% | ||
| Q1 25 | 2.8% | -11.8% | ||
| Q4 24 | -6.4% | -3.8% | ||
| Q3 24 | — | -11.7% | ||
| Q2 24 | -0.9% | -27.4% | ||
| Q1 24 | -16.0% | -29.4% |
| Q4 25 | $-0.04 | $-0.11 | ||
| Q3 25 | $-0.65 | $-0.18 | ||
| Q2 25 | $0.11 | $-0.12 | ||
| Q1 25 | $0.09 | $-0.21 | ||
| Q4 24 | $-0.13 | $-0.11 | ||
| Q3 24 | — | $-0.31 | ||
| Q2 24 | $-0.04 | $-0.57 | ||
| Q1 24 | $-0.40 | $-0.59 |
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 | $10.5M |
| Total DebtLower is stronger | — | $185.1M |
| Stockholders' EquityBook value | $249.7M | $-18.2M |
| Total Assets | $268.1M | $434.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $96.4M | $10.5M | ||
| Q3 25 | $106.0M | $8.1M | ||
| Q2 25 | $117.2M | $9.1M | ||
| Q1 25 | $112.0M | $5.9M | ||
| Q4 24 | $113.0M | $12.4M | ||
| Q3 24 | $129.0M | $10.1M | ||
| Q2 24 | $123.8M | $9.3M | ||
| Q1 24 | $142.9M | $7.5M |
| Q4 25 | — | $185.1M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $202.7M | ||
| Q3 24 | $2.2M | — | ||
| Q2 24 | $2.1M | — | ||
| Q1 24 | — | — |
| Q4 25 | $249.7M | $-18.2M | ||
| Q3 25 | $256.2M | $-12.1M | ||
| Q2 25 | $264.5M | $-7.7M | ||
| Q1 25 | $265.9M | $-8.1M | ||
| Q4 24 | $267.4M | $-4.4M | ||
| Q3 24 | $275.8M | $1.6M | ||
| Q2 24 | $274.6M | $6.5M | ||
| Q1 24 | $279.2M | $18.0M |
| Q4 25 | $268.1M | $434.9M | ||
| Q3 25 | $306.2M | $435.2M | ||
| Q2 25 | $314.7M | $438.1M | ||
| Q1 25 | $310.9M | $441.0M | ||
| Q4 24 | $303.2M | $471.0M | ||
| Q3 24 | $315.3M | $495.7M | ||
| Q2 24 | $318.1M | $494.9M | ||
| Q1 24 | $315.4M | $494.9M |
| 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 | $4.3M |
| Free Cash FlowOCF − Capex | $-2.4M | $4.1M |
| FCF MarginFCF / Revenue | -7.1% | 8.2% |
| Capex IntensityCapex / Revenue | 2.9% | 0.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-2.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-1.4M | $4.3M | ||
| Q3 25 | — | $295.0K | ||
| Q2 25 | $7.9M | $1.6M | ||
| Q1 25 | $3.0M | $-7.7M | ||
| Q4 24 | $7.2M | $8.0M | ||
| Q3 24 | $22.2M | $1.3M | ||
| Q2 24 | $4.0M | $-10.4M | ||
| Q1 24 | $-5.7M | $-2.8M |
| Q4 25 | $-2.4M | $4.1M | ||
| Q3 25 | — | $-246.0K | ||
| Q2 25 | $7.5M | $1.2M | ||
| Q1 25 | $654.0K | $-8.0M | ||
| Q4 24 | $5.1M | $7.0M | ||
| Q3 24 | $18.2M | $-1.1M | ||
| Q2 24 | $2.8M | $-10.6M | ||
| Q1 24 | $-7.7M | $-4.7M |
| Q4 25 | -7.1% | 8.2% | ||
| Q3 25 | — | -0.5% | ||
| Q2 25 | 15.1% | 1.9% | ||
| Q1 25 | 1.4% | -19.8% | ||
| Q4 24 | 17.1% | 12.0% | ||
| Q3 24 | 323.0% | -1.8% | ||
| Q2 24 | 5.8% | -22.7% | ||
| Q1 24 | -20.8% | -10.4% |
| Q4 25 | 2.9% | 0.3% | ||
| Q3 25 | 2.0% | 1.0% | ||
| Q2 25 | 0.8% | 0.6% | ||
| Q1 25 | 5.1% | 0.6% | ||
| Q4 24 | 7.0% | 1.7% | ||
| Q3 24 | 71.4% | 4.0% | ||
| Q2 24 | 2.5% | 0.5% | ||
| Q1 24 | 5.3% | 4.3% |
| 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.
RDI
| Cinema Exhibition Segment | $46.9M | 93% |
| Real Estate Revenue | $3.4M | 7% |
