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Side-by-side financial comparison of Clearfield, Inc. (CLFD) and TAT TECHNOLOGIES LTD (TATT). Click either name above to swap in a different company.

TAT TECHNOLOGIES LTD is the larger business by last-quarter revenue ($46.2M vs $34.3M, roughly 1.3× Clearfield, Inc.). TAT TECHNOLOGIES LTD runs the higher net margin — 10.5% vs -1.8%, a 12.3% gap on every dollar of revenue. TAT TECHNOLOGIES LTD produced more free cash flow last quarter ($4.8M vs $-2.4M).

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

TAT Technologies Ltd. is a publicly traded company, headquartered in the United States, providing environmental control products and services for the commercial and military aviation industries. Its shares are traded on the NASDAQ Capital Market and on the Tel Aviv Stock Exchange.

CLFD vs TATT — Head-to-Head

Bigger by revenue
TATT
TATT
1.3× larger
TATT
$46.2M
$34.3M
CLFD
Higher net margin
TATT
TATT
12.3% more per $
TATT
10.5%
-1.8%
CLFD
More free cash flow
TATT
TATT
$7.2M more FCF
TATT
$4.8M
$-2.4M
CLFD

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
CLFD
CLFD
TATT
TATT
Revenue
$34.3M
$46.2M
Net Profit
$-614.0K
$4.8M
Gross Margin
33.2%
25.1%
Operating Margin
-5.3%
11.4%
Net Margin
-1.8%
10.5%
Revenue YoY
-3.2%
Net Profit YoY
67.8%
EPS (diluted)
$-0.04
$0.37

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
TATT
TATT
Q4 25
$34.3M
Q3 25
$23.4M
$46.2M
Q2 25
$49.9M
$43.1M
Q1 25
$47.2M
Q4 24
$29.7M
Q3 24
$5.6M
Q2 24
$48.8M
Q1 24
$36.9M
Net Profit
CLFD
CLFD
TATT
TATT
Q4 25
$-614.0K
Q3 25
$-9.1M
$4.8M
Q2 25
$1.6M
$3.4M
Q1 25
$1.3M
Q4 24
$-1.9M
Q3 24
Q2 24
$-447.0K
Q1 24
$-5.9M
Gross Margin
CLFD
CLFD
TATT
TATT
Q4 25
33.2%
Q3 25
53.2%
25.1%
Q2 25
30.5%
25.1%
Q1 25
30.1%
Q4 24
29.2%
Q3 24
Q2 24
21.9%
Q1 24
7.7%
Operating Margin
CLFD
CLFD
TATT
TATT
Q4 25
-5.3%
Q3 25
10.3%
11.4%
Q2 25
3.0%
10.3%
Q1 25
0.6%
Q4 24
-6.9%
Q3 24
Q2 24
-4.7%
Q1 24
-26.4%
Net Margin
CLFD
CLFD
TATT
TATT
Q4 25
-1.8%
Q3 25
-38.8%
10.5%
Q2 25
3.2%
8.0%
Q1 25
2.8%
Q4 24
-6.4%
Q3 24
Q2 24
-0.9%
Q1 24
-16.0%
EPS (diluted)
CLFD
CLFD
TATT
TATT
Q4 25
$-0.04
Q3 25
$-0.65
$0.37
Q2 25
$0.11
$0.30
Q1 25
$0.09
Q4 24
$-0.13
Q3 24
Q2 24
$-0.04
Q1 24
$-0.40

Balance Sheet & Financial Strength

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

Metric
CLFD
CLFD
TATT
TATT
Cash + ST InvestmentsLiquidity on hand
$96.4M
$47.1M
Total DebtLower is stronger
$9.9M
Stockholders' EquityBook value
$249.7M
$170.7M
Total Assets
$268.1M
$224.1M
Debt / EquityLower = less leverage
0.06×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLFD
CLFD
TATT
TATT
Q4 25
$96.4M
Q3 25
$106.0M
$47.1M
Q2 25
$117.2M
$43.1M
Q1 25
$112.0M
Q4 24
$113.0M
Q3 24
$129.0M
Q2 24
$123.8M
Q1 24
$142.9M
Total Debt
CLFD
CLFD
TATT
TATT
Q4 25
Q3 25
$9.9M
Q2 25
$10.3M
Q1 25
Q4 24
Q3 24
$2.2M
Q2 24
$2.1M
Q1 24
Stockholders' Equity
CLFD
CLFD
TATT
TATT
Q4 25
$249.7M
Q3 25
$256.2M
$170.7M
Q2 25
$264.5M
$165.8M
Q1 25
$265.9M
Q4 24
$267.4M
Q3 24
$275.8M
Q2 24
$274.6M
Q1 24
$279.2M
Total Assets
CLFD
CLFD
TATT
TATT
Q4 25
$268.1M
Q3 25
$306.2M
$224.1M
Q2 25
$314.7M
$213.6M
Q1 25
$310.9M
Q4 24
$303.2M
Q3 24
$315.3M
Q2 24
$318.1M
Q1 24
$315.4M
Debt / Equity
CLFD
CLFD
TATT
TATT
Q4 25
Q3 25
0.06×
Q2 25
0.06×
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
CLFD
CLFD
TATT
TATT
Operating Cash FlowLast quarter
$-1.4M
$7.5M
Free Cash FlowOCF − Capex
$-2.4M
$4.8M
FCF MarginFCF / Revenue
-7.1%
10.3%
Capex IntensityCapex / Revenue
2.9%
5.9%
Cash ConversionOCF / Net Profit
1.55×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CLFD
CLFD
TATT
TATT
Q4 25
$-1.4M
Q3 25
$7.5M
Q2 25
$7.9M
$6.9M
Q1 25
$3.0M
Q4 24
$7.2M
Q3 24
$22.2M
Q2 24
$4.0M
Q1 24
$-5.7M
Free Cash Flow
CLFD
CLFD
TATT
TATT
Q4 25
$-2.4M
Q3 25
$4.8M
Q2 25
$7.5M
$3.6M
Q1 25
$654.0K
Q4 24
$5.1M
Q3 24
$18.2M
Q2 24
$2.8M
Q1 24
$-7.7M
FCF Margin
CLFD
CLFD
TATT
TATT
Q4 25
-7.1%
Q3 25
10.3%
Q2 25
15.1%
8.5%
Q1 25
1.4%
Q4 24
17.1%
Q3 24
323.0%
Q2 24
5.8%
Q1 24
-20.8%
Capex Intensity
CLFD
CLFD
TATT
TATT
Q4 25
2.9%
Q3 25
2.0%
5.9%
Q2 25
0.8%
7.7%
Q1 25
5.1%
Q4 24
7.0%
Q3 24
71.4%
Q2 24
2.5%
Q1 24
5.3%
Cash Conversion
CLFD
CLFD
TATT
TATT
Q4 25
Q3 25
1.55×
Q2 25
4.93×
2.02×
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.

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