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Side-by-side financial comparison of Clearfield, Inc. (CLFD) and RING ENERGY, INC. (REI). Click either name above to swap in a different company.
RING ENERGY, INC. is the larger business by last-quarter revenue ($66.9M vs $34.3M, roughly 1.9× Clearfield, Inc.). On growth, Clearfield, Inc. posted the faster year-over-year revenue change (-3.2% vs -19.8%). Over the past eight quarters, Clearfield, Inc.'s revenue compounded faster (-3.5% CAGR vs -15.9%).
Clearfield, Inc. is a company headquartered in Minneapolis, Minnesota. The company produces fiber optic products.
Siemens Energy AG is a German publicly traded energy corporation formed through the spin-off of the former Gas and Power division of Siemens, and it includes full ownership of Siemens Gamesa.
CLFD vs REI — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $34.3M | $66.9M |
| Net Profit | $-614.0K | — |
| Gross Margin | 33.2% | — |
| Operating Margin | -5.3% | -37.6% |
| Net Margin | -1.8% | — |
| Revenue YoY | -3.2% | -19.8% |
| Net Profit YoY | 67.8% | — |
| EPS (diluted) | $-0.04 | $-0.07 |
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 | $66.9M | ||
| Q3 25 | $23.4M | $78.6M | ||
| Q2 25 | $49.9M | $82.6M | ||
| Q1 25 | $47.2M | $79.1M | ||
| Q4 24 | $29.7M | $83.4M | ||
| Q3 24 | $5.6M | $89.2M | ||
| Q2 24 | $48.8M | $99.1M | ||
| Q1 24 | $36.9M | $94.5M |
| Q4 25 | $-614.0K | — | ||
| Q3 25 | $-9.1M | $-51.6M | ||
| Q2 25 | $1.6M | $20.6M | ||
| Q1 25 | $1.3M | $9.1M | ||
| Q4 24 | $-1.9M | — | ||
| Q3 24 | — | $33.9M | ||
| Q2 24 | $-447.0K | $22.4M | ||
| Q1 24 | $-5.9M | $5.5M |
| 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% | -37.6% | ||
| Q3 25 | 10.3% | -70.0% | ||
| Q2 25 | 3.0% | 28.4% | ||
| Q1 25 | 0.6% | 28.3% | ||
| Q4 24 | -6.9% | 28.3% | ||
| Q3 24 | — | 33.4% | ||
| Q2 24 | -4.7% | 42.2% | ||
| Q1 24 | -26.4% | 39.8% |
| Q4 25 | -1.8% | — | ||
| Q3 25 | -38.8% | -65.7% | ||
| Q2 25 | 3.2% | 25.0% | ||
| Q1 25 | 2.8% | 11.5% | ||
| Q4 24 | -6.4% | — | ||
| Q3 24 | — | 38.0% | ||
| Q2 24 | -0.9% | 22.6% | ||
| Q1 24 | -16.0% | 5.8% |
| Q4 25 | $-0.04 | $-0.07 | ||
| Q3 25 | $-0.65 | $-0.25 | ||
| Q2 25 | $0.11 | $0.10 | ||
| Q1 25 | $0.09 | $0.05 | ||
| Q4 24 | $-0.13 | $0.03 | ||
| Q3 24 | — | $0.17 | ||
| Q2 24 | $-0.04 | $0.11 | ||
| Q1 24 | $-0.40 | $0.03 |
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 | $902.9K |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $249.7M | $836.3M |
| Total Assets | $268.1M | $1.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $96.4M | $902.9K | ||
| Q3 25 | $106.0M | $286.9K | ||
| Q2 25 | $117.2M | — | ||
| Q1 25 | $112.0M | $1.1M | ||
| Q4 24 | $113.0M | $1.9M | ||
| Q3 24 | $129.0M | — | ||
| Q2 24 | $123.8M | $1.2M | ||
| Q1 24 | $142.9M | $1.4M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $2.2M | — | ||
| Q2 24 | $2.1M | — | ||
| Q1 24 | — | — |
| Q4 25 | $249.7M | $836.3M | ||
| Q3 25 | $256.2M | $847.7M | ||
| Q2 25 | $264.5M | $897.9M | ||
| Q1 25 | $265.9M | $876.0M | ||
| Q4 24 | $267.4M | $858.6M | ||
| Q3 24 | $275.8M | $851.3M | ||
| Q2 24 | $274.6M | $817.4M | ||
| Q1 24 | $279.2M | $793.0M |
| Q4 25 | $268.1M | $1.4B | ||
| Q3 25 | $306.2M | $1.4B | ||
| Q2 25 | $314.7M | $1.5B | ||
| Q1 25 | $310.9M | $1.5B | ||
| Q4 24 | $303.2M | $1.4B | ||
| Q3 24 | $315.3M | $1.4B | ||
| Q2 24 | $318.1M | $1.4B | ||
| Q1 24 | $315.4M | $1.4B |
| 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 | $44.7M |
| 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.
| Q4 25 | $-1.4M | $44.7M | ||
| Q3 25 | — | $44.5M | ||
| Q2 25 | $7.9M | $33.3M | ||
| Q1 25 | $3.0M | $28.4M | ||
| Q4 24 | $7.2M | $47.3M | ||
| Q3 24 | $22.2M | $51.3M | ||
| Q2 24 | $4.0M | $50.6M | ||
| Q1 24 | $-5.7M | $45.2M |
| 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 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 4.93× | 1.61× | ||
| Q1 25 | 2.30× | 3.11× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.52× | ||
| Q2 24 | — | 2.26× | ||
| Q1 24 | — | 8.19× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
