vs

Side-by-side financial comparison of ClearSign Technologies Corp (CLIR) and IF Bancorp, Inc. (IROQ). Click either name above to swap in a different company.

IF Bancorp, Inc. is the larger business by last-quarter revenue ($7.3M vs $3.7M, roughly 2.0× ClearSign Technologies Corp). IF Bancorp, Inc. runs the higher net margin — 18.1% vs -8.5%, a 26.6% gap on every dollar of revenue. On growth, ClearSign Technologies Corp posted the faster year-over-year revenue change (522.2% vs 16.8%). Over the past eight quarters, ClearSign Technologies Corp's revenue compounded faster (82.5% CAGR vs 16.5%).

ClearSign Technologies Corporation (ClearSign) is a United States-based company that develops emission-control technology.

U.S. Bancorp is an American multinational banking institution headquartered in Minneapolis, Minnesota and incorporated in Delaware. It is the 5th-largest bank in the United States as of 2025. As the largest bank in the Midwestern United States, it is considered systemically important by the Financial Stability Board. It is the parent company of its primary operating entity, U.S. Bank National Association, which does business as U.S. Bank. The company provides banking, investment, mortgage, tr...

CLIR vs IROQ — Head-to-Head

Bigger by revenue
IROQ
IROQ
2.0× larger
IROQ
$7.3M
$3.7M
CLIR
Growing faster (revenue YoY)
CLIR
CLIR
+505.4% gap
CLIR
522.2%
16.8%
IROQ
Higher net margin
IROQ
IROQ
26.6% more per $
IROQ
18.1%
-8.5%
CLIR
Faster 2-yr revenue CAGR
CLIR
CLIR
Annualised
CLIR
82.5%
16.5%
IROQ

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
CLIR
CLIR
IROQ
IROQ
Revenue
$3.7M
$7.3M
Net Profit
$-311.0K
$1.3M
Gross Margin
21.9%
Operating Margin
-22.5%
24.9%
Net Margin
-8.5%
18.1%
Revenue YoY
522.2%
16.8%
Net Profit YoY
73.3%
8.9%
EPS (diluted)
$-0.06
$0.41

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
CLIR
CLIR
IROQ
IROQ
Q4 25
$3.7M
$7.3M
Q3 25
$1.0M
$7.3M
Q2 25
$133.0K
$6.9M
Q1 25
$401.0K
$6.4M
Q4 24
$590.0K
$6.3M
Q3 24
$1.9M
$6.2M
Q2 24
$45.0K
$5.7M
Q1 24
$1.1M
$5.4M
Net Profit
CLIR
CLIR
IROQ
IROQ
Q4 25
$-311.0K
$1.3M
Q3 25
$-1.4M
$1.4M
Q2 25
$-1.7M
$1.4M
Q1 25
$-2.1M
$1.0M
Q4 24
$-1.2M
$1.2M
Q3 24
$-1.2M
$633.0K
Q2 24
$-1.9M
$431.0K
Q1 24
$-1.1M
$708.0K
Gross Margin
CLIR
CLIR
IROQ
IROQ
Q4 25
21.9%
Q3 25
35.8%
Q2 25
41.4%
Q1 25
48.9%
Q4 24
14.9%
Q3 24
29.6%
Q2 24
93.3%
Q1 24
39.7%
Operating Margin
CLIR
CLIR
IROQ
IROQ
Q4 25
-22.5%
24.9%
Q3 25
-170.1%
26.0%
Q2 25
-1382.0%
29.1%
Q1 25
-562.8%
21.7%
Q4 24
-282.4%
26.8%
Q3 24
-77.1%
13.7%
Q2 24
-4748.9%
9.3%
Q1 24
-113.6%
17.6%
Net Margin
CLIR
CLIR
IROQ
IROQ
Q4 25
-8.5%
18.1%
Q3 25
-138.9%
19.0%
Q2 25
-1263.2%
21.0%
Q1 25
-517.7%
15.8%
Q4 24
-197.3%
19.4%
Q3 24
-62.1%
10.2%
Q2 24
-4160.0%
7.6%
Q1 24
-100.5%
13.1%
EPS (diluted)
CLIR
CLIR
IROQ
IROQ
Q4 25
$-0.06
$0.41
Q3 25
$-0.26
$0.43
Q2 25
$-0.30
$0.48
Q1 25
$-0.37
$0.31
Q4 24
$-0.18
$0.38
Q3 24
$-0.20
$0.20
Q2 24
$-0.40
$0.15
Q1 24
$-0.30
$0.22

Balance Sheet & Financial Strength

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

Metric
CLIR
CLIR
IROQ
IROQ
Cash + ST InvestmentsLiquidity on hand
$9.2M
$8.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$9.5M
$87.4M
Total Assets
$12.2M
$830.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLIR
CLIR
IROQ
IROQ
Q4 25
$9.2M
$8.8M
Q3 25
$10.5M
$8.0M
Q2 25
$12.3M
$20.1M
Q1 25
$12.9M
$8.9M
Q4 24
$14.0M
$5.9M
Q3 24
$14.5M
$7.8M
Q2 24
$16.0M
$9.6M
Q1 24
$4.6M
$16.1M
Stockholders' Equity
CLIR
CLIR
IROQ
IROQ
Q4 25
$9.5M
$87.4M
Q3 25
$9.1M
$84.5M
Q2 25
$10.4M
$81.8M
Q1 25
$12.0M
$78.9M
Q4 24
$13.8M
$75.9M
Q3 24
$14.8M
$78.8M
Q2 24
$15.9M
$73.9M
Q1 24
$4.5M
$72.4M
Total Assets
CLIR
CLIR
IROQ
IROQ
Q4 25
$12.2M
$830.4M
Q3 25
$12.7M
$862.3M
Q2 25
$14.2M
$887.7M
Q1 25
$14.5M
$879.1M
Q4 24
$16.3M
$885.1M
Q3 24
$17.1M
$893.4M
Q2 24
$17.8M
$887.7M
Q1 24
$6.6M
$905.0M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CLIR
CLIR
IROQ
IROQ
Operating Cash FlowLast quarter
$-1.3M
$1.8M
Free Cash FlowOCF − Capex
$1.7M
FCF MarginFCF / Revenue
23.7%
Capex IntensityCapex / Revenue
0.0%
0.9%
Cash ConversionOCF / Net Profit
1.36×
TTM Free Cash FlowTrailing 4 quarters
$9.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CLIR
CLIR
IROQ
IROQ
Q4 25
$-1.3M
$1.8M
Q3 25
$-1.8M
$-539.0K
Q2 25
$-511.0K
$6.8M
Q1 25
$-1.1M
$1.8M
Q4 24
$-415.0K
$-155.0K
Q3 24
$-1.4M
$2.2M
Q2 24
$-1.5M
$2.3M
Q1 24
$-1.0M
$19.0K
Free Cash Flow
CLIR
CLIR
IROQ
IROQ
Q4 25
$1.7M
Q3 25
$-582.0K
Q2 25
$6.5M
Q1 25
$-1.1M
$1.8M
Q4 24
$-226.0K
Q3 24
$2.1M
Q2 24
$2.0M
Q1 24
$-67.0K
FCF Margin
CLIR
CLIR
IROQ
IROQ
Q4 25
23.7%
Q3 25
-7.9%
Q2 25
95.1%
Q1 25
-278.1%
28.2%
Q4 24
-3.6%
Q3 24
33.6%
Q2 24
35.7%
Q1 24
-1.2%
Capex Intensity
CLIR
CLIR
IROQ
IROQ
Q4 25
0.0%
0.9%
Q3 25
0.0%
0.6%
Q2 25
0.0%
3.5%
Q1 25
1.0%
0.4%
Q4 24
1.1%
Q3 24
0.0%
1.2%
Q2 24
4.3%
Q1 24
1.6%
Cash Conversion
CLIR
CLIR
IROQ
IROQ
Q4 25
1.36×
Q3 25
-0.39×
Q2 25
4.69×
Q1 25
1.81×
Q4 24
-0.13×
Q3 24
3.42×
Q2 24
5.30×
Q1 24
0.03×

Financial Flow Comparison

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

Related Comparisons