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Side-by-side financial comparison of Clearfield, Inc. (CLFD) and VersaBank (VBNK). Click either name above to swap in a different company.
Clearfield, Inc. is the larger business by last-quarter revenue ($34.3M vs $26.7M, roughly 1.3× VersaBank). VersaBank runs the higher net margin — 30.3% vs -1.8%, a 32.1% gap on every dollar of revenue. On growth, VersaBank posted the faster year-over-year revenue change (31.2% vs -3.2%). Over the past eight quarters, VersaBank's revenue compounded faster (16.6% CAGR vs -3.5%).
Clearfield, Inc. is a company headquartered in Minneapolis, Minnesota. The company produces fiber optic products.
VersaBank is a Canada-based digital-first financial institution offering commercial lending, high-interest deposit accounts and customized financial services for SMEs, retail clients and institutional partners across North America. It operates no physical branches, using secure digital infrastructure to deliver efficient, cost-effective banking experiences.
CLFD vs VBNK — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $34.3M | $26.7M |
| Net Profit | $-614.0K | $8.1M |
| Gross Margin | 33.2% | — |
| Operating Margin | -5.3% | — |
| Net Margin | -1.8% | 30.3% |
| Revenue YoY | -3.2% | 31.2% |
| Net Profit YoY | 67.8% | 35.9% |
| EPS (diluted) | $-0.04 | — |
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.
| Q1 26 | — | $26.7M | ||
| Q4 25 | $34.3M | — | ||
| Q3 25 | $23.4M | $23.1M | ||
| Q2 25 | $49.9M | $22.0M | ||
| Q1 25 | $47.2M | $20.3M | ||
| Q4 24 | $29.7M | — | ||
| Q3 24 | $5.6M | $19.7M | ||
| Q2 24 | $48.8M | $20.8M |
| Q1 26 | — | $8.1M | ||
| Q4 25 | $-614.0K | — | ||
| Q3 25 | $-9.1M | $4.8M | ||
| Q2 25 | $1.6M | $6.2M | ||
| Q1 25 | $1.3M | $5.9M | ||
| Q4 24 | $-1.9M | — | ||
| Q3 24 | — | $7.1M | ||
| Q2 24 | $-447.0K | $8.6M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | -5.3% | — | ||
| Q3 25 | 10.3% | — | ||
| Q2 25 | 3.0% | — | ||
| Q1 25 | 0.6% | — | ||
| Q4 24 | -6.9% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -4.7% | — |
| Q1 26 | — | 30.3% | ||
| Q4 25 | -1.8% | — | ||
| Q3 25 | -38.8% | 20.8% | ||
| Q2 25 | 3.2% | 28.3% | ||
| Q1 25 | 2.8% | 29.3% | ||
| Q4 24 | -6.4% | — | ||
| Q3 24 | — | 35.9% | ||
| Q2 24 | -0.9% | 41.5% |
| Q1 26 | — | — | ||
| Q4 25 | $-0.04 | — | ||
| Q3 25 | $-0.65 | — | ||
| Q2 25 | $0.11 | — | ||
| Q1 25 | $0.09 | — | ||
| Q4 24 | $-0.13 | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $-0.04 | — |
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 | $458.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $249.7M | $396.4M |
| Total Assets | $268.1M | $4.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $458.4M | ||
| Q4 25 | $96.4M | — | ||
| Q3 25 | $106.0M | $336.0M | ||
| Q2 25 | $117.2M | $248.3M | ||
| Q1 25 | $112.0M | $282.3M | ||
| Q4 24 | $113.0M | — | ||
| Q3 24 | $129.0M | $181.0M | ||
| Q2 24 | $123.8M | $145.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $2.2M | — | ||
| Q2 24 | $2.1M | — |
| Q1 26 | — | $396.4M | ||
| Q4 25 | $249.7M | — | ||
| Q3 25 | $256.2M | $385.5M | ||
| Q2 25 | $264.5M | $385.7M | ||
| Q1 25 | $265.9M | $380.5M | ||
| Q4 24 | $267.4M | — | ||
| Q3 24 | $275.8M | $298.6M | ||
| Q2 24 | $274.6M | $292.1M |
| Q1 26 | — | $4.5B | ||
| Q4 25 | $268.1M | — | ||
| Q3 25 | $306.2M | $4.0B | ||
| Q2 25 | $314.7M | $3.7B | ||
| Q1 25 | $310.9M | $3.6B | ||
| Q4 24 | $303.2M | — | ||
| Q3 24 | $315.3M | $3.3B | ||
| Q2 24 | $318.1M | $3.2B |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.01× | — | ||
| Q2 24 | 0.01× | — |
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 | $40.6M |
| Free Cash FlowOCF − Capex | $-2.4M | — |
| FCF MarginFCF / Revenue | -7.1% | — |
| Capex IntensityCapex / Revenue | 2.9% | — |
| Cash ConversionOCF / Net Profit | — | 5.03× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $40.6M | ||
| Q4 25 | $-1.4M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $7.9M | — | ||
| Q1 25 | $3.0M | $-65.0M | ||
| Q4 24 | $7.2M | — | ||
| Q3 24 | $22.2M | — | ||
| Q2 24 | $4.0M | — |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| 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 26 | — | — | ||
| 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 26 | — | 5.03× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 4.93× | — | ||
| Q1 25 | 2.30× | -10.94× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
