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Side-by-side financial comparison of Clearfield, Inc. (CLFD) and Tectonic Financial, Inc. (TECTP). Click either name above to swap in a different company.
Clearfield, Inc. is the larger business by last-quarter revenue ($34.3M vs $23.0M, roughly 1.5× Tectonic Financial, Inc.). Tectonic Financial, Inc. runs the higher net margin — 23.8% vs -1.8%, a 25.6% gap on every dollar of revenue. On growth, Tectonic Financial, Inc. posted the faster year-over-year revenue change (17.9% vs -3.2%). Clearfield, Inc. produced more free cash flow last quarter ($-2.4M vs $-17.3M). Over the past eight quarters, Tectonic Financial, Inc.'s revenue compounded faster (270.5% CAGR vs -3.5%).
Clearfield, Inc. is a company headquartered in Minneapolis, Minnesota. The company produces fiber optic products.
Tectonic Financial, Inc.TECTPEarnings & Financial Report
Tectonic Financial, Inc. is a US-based diversified financial services provider. It offers core services including wealth management, investment banking, capital markets advisory, and tailored financial solutions. Its key client segments cover high-net-worth individuals, institutional investors, and small to mid-sized enterprises across North America.
CLFD vs TECTP — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $34.3M | $23.0M |
| Net Profit | $-614.0K | $5.5M |
| Gross Margin | 33.2% | — |
| Operating Margin | -5.3% | 30.6% |
| Net Margin | -1.8% | 23.8% |
| Revenue YoY | -3.2% | 17.9% |
| Net Profit YoY | 67.8% | 15.9% |
| EPS (diluted) | $-0.04 | $0.73 |
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 | — | ||
| Q3 25 | $23.4M | $23.0M | ||
| Q2 25 | $49.9M | $21.6M | ||
| Q1 25 | $47.2M | $21.8M | ||
| Q4 24 | $29.7M | $21.4M | ||
| Q3 24 | $5.6M | $19.5M | ||
| Q2 24 | $48.8M | $18.6M | ||
| Q1 24 | $36.9M | $17.6M |
| Q4 25 | $-614.0K | — | ||
| Q3 25 | $-9.1M | $5.5M | ||
| Q2 25 | $1.6M | $4.3M | ||
| Q1 25 | $1.3M | $4.5M | ||
| Q4 24 | $-1.9M | $3.0M | ||
| Q3 24 | — | $4.7M | ||
| Q2 24 | $-447.0K | $3.1M | ||
| Q1 24 | $-5.9M | $3.1M |
| 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% | — | ||
| Q3 25 | 10.3% | 30.6% | ||
| Q2 25 | 3.0% | 25.9% | ||
| Q1 25 | 0.6% | 26.0% | ||
| Q4 24 | -6.9% | 22.1% | ||
| Q3 24 | — | 29.1% | ||
| Q2 24 | -4.7% | 21.5% | ||
| Q1 24 | -26.4% | 22.2% |
| Q4 25 | -1.8% | — | ||
| Q3 25 | -38.8% | 23.8% | ||
| Q2 25 | 3.2% | 19.8% | ||
| Q1 25 | 2.8% | 20.4% | ||
| Q4 24 | -6.4% | 14.0% | ||
| Q3 24 | — | 24.2% | ||
| Q2 24 | -0.9% | 16.9% | ||
| Q1 24 | -16.0% | 17.4% |
| Q4 25 | $-0.04 | — | ||
| Q3 25 | $-0.65 | $0.73 | ||
| Q2 25 | $0.11 | $0.55 | ||
| Q1 25 | $0.09 | $0.57 | ||
| Q4 24 | $-0.13 | $0.35 | ||
| Q3 24 | — | $0.58 | ||
| Q2 24 | $-0.04 | $0.38 | ||
| Q1 24 | $-0.40 | $0.37 |
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 | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $249.7M | $119.2M |
| Total Assets | $268.1M | $1.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $96.4M | — | ||
| Q3 25 | $106.0M | — | ||
| Q2 25 | $117.2M | — | ||
| Q1 25 | $112.0M | — | ||
| Q4 24 | $113.0M | — | ||
| Q3 24 | $129.0M | — | ||
| Q2 24 | $123.8M | — | ||
| Q1 24 | $142.9M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $2.2M | — | ||
| Q2 24 | $2.1M | — | ||
| Q1 24 | — | — |
| Q4 25 | $249.7M | — | ||
| Q3 25 | $256.2M | $119.2M | ||
| Q2 25 | $264.5M | $114.6M | ||
| Q1 25 | $265.9M | $111.3M | ||
| Q4 24 | $267.4M | $113.4M | ||
| Q3 24 | $275.8M | $112.8M | ||
| Q2 24 | $274.6M | $110.4M | ||
| Q1 24 | $279.2M | $108.5M |
| Q4 25 | $268.1M | — | ||
| Q3 25 | $306.2M | $1.1B | ||
| Q2 25 | $314.7M | $997.0M | ||
| Q1 25 | $310.9M | $910.5M | ||
| Q4 24 | $303.2M | $863.4M | ||
| Q3 24 | $315.3M | $847.5M | ||
| Q2 24 | $318.1M | $777.1M | ||
| Q1 24 | $315.4M | $777.6M |
| 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 | $-17.3M |
| Free Cash FlowOCF − Capex | $-2.4M | $-17.3M |
| FCF MarginFCF / Revenue | -7.1% | -74.9% |
| Capex IntensityCapex / Revenue | 2.9% | 0.0% |
| Cash ConversionOCF / Net Profit | — | -3.14× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-1.4M | — | ||
| Q3 25 | — | $-17.3M | ||
| Q2 25 | $7.9M | $-32.5M | ||
| Q1 25 | $3.0M | $-35.6M | ||
| Q4 24 | $7.2M | $-86.6M | ||
| Q3 24 | $22.2M | $-22.5M | ||
| Q2 24 | $4.0M | $-30.7M | ||
| Q1 24 | $-5.7M | $-3.2M |
| Q4 25 | $-2.4M | — | ||
| Q3 25 | — | $-17.3M | ||
| Q2 25 | $7.5M | — | ||
| Q1 25 | $654.0K | $-35.6M | ||
| Q4 24 | $5.1M | $-86.8M | ||
| Q3 24 | $18.2M | $-22.5M | ||
| Q2 24 | $2.8M | $-30.7M | ||
| Q1 24 | $-7.7M | $-3.3M |
| Q4 25 | -7.1% | — | ||
| Q3 25 | — | -74.9% | ||
| Q2 25 | 15.1% | — | ||
| Q1 25 | 1.4% | -163.2% | ||
| Q4 24 | 17.1% | -406.5% | ||
| Q3 24 | 323.0% | -115.0% | ||
| Q2 24 | 5.8% | -165.5% | ||
| Q1 24 | -20.8% | -18.8% |
| Q4 25 | 2.9% | — | ||
| Q3 25 | 2.0% | 0.0% | ||
| Q2 25 | 0.8% | 0.0% | ||
| Q1 25 | 5.1% | 0.0% | ||
| Q4 24 | 7.0% | 1.0% | ||
| Q3 24 | 71.4% | 0.1% | ||
| Q2 24 | 2.5% | 0.3% | ||
| Q1 24 | 5.3% | 0.9% |
| Q4 25 | — | — | ||
| Q3 25 | — | -3.14× | ||
| Q2 25 | 4.93× | -7.61× | ||
| Q1 25 | 2.30× | -8.00× | ||
| Q4 24 | — | -28.99× | ||
| Q3 24 | — | -4.74× | ||
| Q2 24 | — | -9.76× | ||
| Q1 24 | — | -1.03× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
