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Side-by-side financial comparison of Clearfield, Inc. (CLFD) and SBC Medical Group Holdings Inc (SBC). Click either name above to swap in a different company.

SBC Medical Group Holdings Inc is the larger business by last-quarter revenue ($39.6M vs $34.3M, roughly 1.2× Clearfield, Inc.). SBC Medical Group Holdings Inc runs the higher net margin — 35.9% vs -1.8%, a 37.7% gap on every dollar of revenue. On growth, Clearfield, Inc. posted the faster year-over-year revenue change (-3.2% vs -10.9%). SBC Medical Group Holdings Inc produced more free cash flow last quarter ($51.2M vs $-2.4M). Over the past eight quarters, Clearfield, Inc.'s revenue compounded faster (-3.5% CAGR vs -15.0%).

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

SBC Medical Group Holdings Inc. is a leading Japan-headquartered healthcare provider primarily focused on aesthetic medicine, dermatology, and anti-aging wellness services. It operates an extensive network of clinics across Japan, catering to both domestic patients and international medical tourists, with core offerings including cosmetic surgery and non-invasive skincare treatments.

CLFD vs SBC — Head-to-Head

Bigger by revenue
SBC
SBC
1.2× larger
SBC
$39.6M
$34.3M
CLFD
Growing faster (revenue YoY)
CLFD
CLFD
+7.7% gap
CLFD
-3.2%
-10.9%
SBC
Higher net margin
SBC
SBC
37.7% more per $
SBC
35.9%
-1.8%
CLFD
More free cash flow
SBC
SBC
$53.6M more FCF
SBC
$51.2M
$-2.4M
CLFD
Faster 2-yr revenue CAGR
CLFD
CLFD
Annualised
CLFD
-3.5%
-15.0%
SBC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CLFD
CLFD
SBC
SBC
Revenue
$34.3M
$39.6M
Net Profit
$-614.0K
$14.2M
Gross Margin
33.2%
73.1%
Operating Margin
-5.3%
32.5%
Net Margin
-1.8%
35.9%
Revenue YoY
-3.2%
-10.9%
Net Profit YoY
67.8%
117.2%
EPS (diluted)
$-0.04
$0.15

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
SBC
SBC
Q4 25
$34.3M
$39.6M
Q3 25
$23.4M
$43.4M
Q2 25
$49.9M
$43.4M
Q1 25
$47.2M
$47.3M
Q4 24
$29.7M
$44.4M
Q3 24
$5.6M
$53.1M
Q2 24
$48.8M
$53.1M
Q1 24
$36.9M
$54.8M
Net Profit
CLFD
CLFD
SBC
SBC
Q4 25
$-614.0K
$14.2M
Q3 25
$-9.1M
$12.8M
Q2 25
$1.6M
$2.5M
Q1 25
$1.3M
$21.5M
Q4 24
$-1.9M
$6.5M
Q3 24
$2.8M
Q2 24
$-447.0K
$18.5M
Q1 24
$-5.9M
$18.8M
Gross Margin
CLFD
CLFD
SBC
SBC
Q4 25
33.2%
73.1%
Q3 25
53.2%
70.6%
Q2 25
30.5%
69.2%
Q1 25
30.1%
79.7%
Q4 24
29.2%
76.3%
Q3 24
81.5%
Q2 24
21.9%
74.2%
Q1 24
7.7%
72.1%
Operating Margin
CLFD
CLFD
SBC
SBC
Q4 25
-5.3%
32.5%
Q3 25
10.3%
36.6%
Q2 25
3.0%
33.6%
Q1 25
0.6%
51.1%
Q4 24
-6.9%
10.6%
Q3 24
26.1%
Q2 24
-4.7%
51.4%
Q1 24
-26.4%
44.6%
Net Margin
CLFD
CLFD
SBC
SBC
Q4 25
-1.8%
35.9%
Q3 25
-38.8%
29.6%
Q2 25
3.2%
5.7%
Q1 25
2.8%
45.4%
Q4 24
-6.4%
14.7%
Q3 24
5.3%
Q2 24
-0.9%
34.8%
Q1 24
-16.0%
34.2%
EPS (diluted)
CLFD
CLFD
SBC
SBC
Q4 25
$-0.04
$0.15
Q3 25
$-0.65
$0.12
Q2 25
$0.11
$0.02
Q1 25
$0.09
$0.21
Q4 24
$-0.13
$0.05
Q3 24
$0.03
Q2 24
$-0.04
$0.20
Q1 24
$-0.40
$0.20

Balance Sheet & Financial Strength

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

Metric
CLFD
CLFD
SBC
SBC
Cash + ST InvestmentsLiquidity on hand
$96.4M
$164.1M
Total DebtLower is stronger
$42.8M
Stockholders' EquityBook value
$249.7M
$248.3M
Total Assets
$268.1M
$380.4M
Debt / EquityLower = less leverage
0.17×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLFD
CLFD
SBC
SBC
Q4 25
$96.4M
$164.1M
Q3 25
$106.0M
$127.4M
Q2 25
$117.2M
$152.7M
Q1 25
$112.0M
$132.1M
Q4 24
$113.0M
$125.0M
Q3 24
$129.0M
$137.4M
Q2 24
$123.8M
Q1 24
$142.9M
Total Debt
CLFD
CLFD
SBC
SBC
Q4 25
$42.8M
Q3 25
$21.1M
Q2 25
$7.1M
Q1 25
$6.9M
Q4 24
$6.6M
Q3 24
$2.2M
$823.2K
Q2 24
$2.1M
Q1 24
Stockholders' Equity
CLFD
CLFD
SBC
SBC
Q4 25
$249.7M
$248.3M
Q3 25
$256.2M
$248.0M
Q2 25
$264.5M
$244.6M
Q1 25
$265.9M
$226.4M
Q4 24
$267.4M
$195.1M
Q3 24
$275.8M
$205.0M
Q2 24
$274.6M
$8.8M
Q1 24
$279.2M
$9.0M
Total Assets
CLFD
CLFD
SBC
SBC
Q4 25
$268.1M
$380.4M
Q3 25
$306.2M
$321.4M
Q2 25
$314.7M
$315.3M
Q1 25
$310.9M
$284.6M
Q4 24
$303.2M
$266.1M
Q3 24
$315.3M
$296.5M
Q2 24
$318.1M
$19.5M
Q1 24
$315.4M
$19.8M
Debt / Equity
CLFD
CLFD
SBC
SBC
Q4 25
0.17×
Q3 25
0.09×
Q2 25
0.03×
Q1 25
0.03×
Q4 24
0.03×
Q3 24
0.01×
0.00×
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
CLFD
CLFD
SBC
SBC
Operating Cash FlowLast quarter
$-1.4M
$52.0M
Free Cash FlowOCF − Capex
$-2.4M
$51.2M
FCF MarginFCF / Revenue
-7.1%
129.3%
Capex IntensityCapex / Revenue
2.9%
2.0%
Cash ConversionOCF / Net Profit
3.66×
TTM Free Cash FlowTrailing 4 quarters
$23.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CLFD
CLFD
SBC
SBC
Q4 25
$-1.4M
$52.0M
Q3 25
$-20.9M
Q2 25
$7.9M
$-8.3M
Q1 25
$3.0M
$1.9M
Q4 24
$7.2M
$-7.3M
Q3 24
$22.2M
$5.0M
Q2 24
$4.0M
$19.2M
Q1 24
$-5.7M
$3.7M
Free Cash Flow
CLFD
CLFD
SBC
SBC
Q4 25
$-2.4M
$51.2M
Q3 25
$-20.9M
Q2 25
$7.5M
$-8.6M
Q1 25
$654.0K
$1.7M
Q4 24
$5.1M
$-7.9M
Q3 24
$18.2M
$4.6M
Q2 24
$2.8M
$18.3M
Q1 24
$-7.7M
$3.0M
FCF Margin
CLFD
CLFD
SBC
SBC
Q4 25
-7.1%
129.3%
Q3 25
-48.3%
Q2 25
15.1%
-19.9%
Q1 25
1.4%
3.5%
Q4 24
17.1%
-17.8%
Q3 24
323.0%
8.7%
Q2 24
5.8%
34.5%
Q1 24
-20.8%
5.4%
Capex Intensity
CLFD
CLFD
SBC
SBC
Q4 25
2.9%
2.0%
Q3 25
2.0%
0.1%
Q2 25
0.8%
0.7%
Q1 25
5.1%
0.5%
Q4 24
7.0%
1.3%
Q3 24
71.4%
0.8%
Q2 24
2.5%
1.6%
Q1 24
5.3%
1.3%
Cash Conversion
CLFD
CLFD
SBC
SBC
Q4 25
3.66×
Q3 25
-1.63×
Q2 25
4.93×
-3.39×
Q1 25
2.30×
0.09×
Q4 24
-1.12×
Q3 24
1.77×
Q2 24
1.04×
Q1 24
0.20×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CLFD
CLFD

Segment breakdown not available.

SBC
SBC

Franchising$10.3M26%
Medical Corporation Shobikai$8.1M21%
Medical Corporation Nasukai$7.2M18%
Management Services$6.3M16%
Rental Services$4.3M11%
Medical Corporation Association Furinkai$3.0M8%
Japan Medical And Beauty Inc$656.5K2%

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