vs
Clearfield, Inc.（CLFD）与FUELCELL ENERGY INC（FCEL）财务数据对比。点击上方公司名可切换其他公司
FUELCELL ENERGY INC的季度营收约是Clearfield, Inc.的1.6倍（$55.0M vs $34.3M），Clearfield, Inc.净利率更高（-1.8% vs -54.3%，领先52.5%），FUELCELL ENERGY INC同比增速更快（11.5% vs -3.2%），Clearfield, Inc.自由现金流更多（$-2.4M vs $-23.9M），过去两年FUELCELL ENERGY INC的营收复合增速更高（81.6% vs -3.5%）
Clearfield, Inc.总部位于美国明尼苏达州明尼阿波利斯市，是一家专注于光纤产品研发生产的企业，其产品主要应用于光纤通信网络建设领域，为通信基础设施部署提供相关硬件支撑。
燃料电池能源公司是一家上市燃料电池企业，总部位于美国康涅狄格州丹伯里，公司主打基于熔融碳酸盐燃料电池技术的发电站业务，从事相关产品的设计、生产，同时还提供发电站运营及相关技术服务。
CLFD vs FCEL — 直观对比
营收规模更大
FCEL
是对方的1.6倍
$34.3M
营收增速更快
FCEL
高出14.7%
-3.2%
净利率更高
CLFD
高出52.5%
-54.3%
自由现金流更多
CLFD
多$21.5M
$-23.9M
两年增速更快
FCEL
近两年复合增速
-3.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $34.3M | $55.0M |
| 净利润 | $-614.0K | $-29.9M |
| 毛利率 | 33.2% | -12.1% |
| 营业利润率 | -5.3% | -51.5% |
| 净利率 | -1.8% | -54.3% |
| 营收同比 | -3.2% | 11.5% |
| 净利润同比 | 67.8% | 27.9% |
| 每股收益（稀释后） | $-0.04 | $-0.43 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收CLFDFCEL
| Q4 25 | $34.3M | $55.0M | ||
| Q3 25 | $23.4M | $46.7M | ||
| Q2 25 | $49.9M | $37.4M | ||
| Q1 25 | $47.2M | $19.0M | ||
| Q4 24 | $29.7M | $49.3M | ||
| Q3 24 | $5.6M | $23.7M | ||
| Q2 24 | $48.8M | $22.4M | ||
| Q1 24 | $36.9M | $16.7M |
净利润CLFDFCEL
| Q4 25 | $-614.0K | $-29.9M | ||
| Q3 25 | $-9.1M | $-91.7M | ||
| Q2 25 | $1.6M | $-38.0M | ||
| Q1 25 | $1.3M | $-28.3M | ||
| Q4 24 | $-1.9M | $-41.4M | ||
| Q3 24 | — | $-32.7M | ||
| Q2 24 | $-447.0K | $-32.1M | ||
| Q1 24 | $-5.9M | $-19.8M |
毛利率CLFDFCEL
| Q4 25 | 33.2% | -12.1% | ||
| Q3 25 | 53.2% | -11.0% | ||
| Q2 25 | 30.5% | -25.2% | ||
| Q1 25 | 30.1% | -27.4% | ||
| Q4 24 | 29.2% | -22.1% | ||
| Q3 24 | — | -26.2% | ||
| Q2 24 | 21.9% | -31.6% | ||
| Q1 24 | 7.7% | -70.2% |
营业利润率CLFDFCEL
| Q4 25 | -5.3% | -51.5% | ||
| Q3 25 | 10.3% | -204.0% | ||
| Q2 25 | 3.0% | -95.7% | ||
| Q1 25 | 0.6% | -172.9% | ||
| Q4 24 | -6.9% | -83.2% | ||
| Q3 24 | — | -141.9% | ||
| Q2 24 | -4.7% | -184.5% | ||
| Q1 24 | -26.4% | -254.5% |
净利率CLFDFCEL
| Q4 25 | -1.8% | -54.3% | ||
| Q3 25 | -38.8% | -196.1% | ||
| Q2 25 | 3.2% | -101.7% | ||
| Q1 25 | 2.8% | -149.1% | ||
| Q4 24 | -6.4% | -84.0% | ||
| Q3 24 | — | -137.8% | ||
| Q2 24 | -0.9% | -143.4% | ||
| Q1 24 | -16.0% | -118.6% |
每股收益（稀释后）CLFDFCEL
| Q4 25 | $-0.04 | $-0.43 | ||
| Q3 25 | $-0.65 | $-3.78 | ||
| Q2 25 | $0.11 | $-1.79 | ||
| Q1 25 | $0.09 | $-1.42 | ||
| Q4 24 | $-0.13 | $-2.29 | ||
| Q3 24 | — | $-1.99 | ||
| Q2 24 | $-0.04 | $-2.18 | ||
| Q1 24 | $-0.40 | $-1.37 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $96.4M | $278.1M |
| 总债务越低越好 | — | $103.8M |
| 股东权益账面价值 | $249.7M | $662.2M |
| 总资产 | $268.1M | $932.1M |
| 负债/权益比越低杠杆越低 | — | 0.16× |
8季度趋势，按日历期对齐
现金及短期投资CLFDFCEL
| Q4 25 | $96.4M | $278.1M | ||
| Q3 25 | $106.0M | $174.7M | ||
| Q2 25 | $117.2M | $177.0M | ||
| Q1 25 | $112.0M | $208.4M | ||
| Q4 24 | $113.0M | $257.3M | ||
| Q3 24 | $129.0M | $267.2M | ||
| Q2 24 | $123.8M | $260.1M | ||
| Q1 24 | $142.9M | $297.5M |
总债务CLFDFCEL
| Q4 25 | — | $103.8M | ||
| Q3 25 | — | $106.4M | ||
| Q2 25 | — | $109.4M | ||
| Q1 25 | — | $112.3M | ||
| Q4 24 | — | $115.7M | ||
| Q3 24 | $2.2M | $112.7M | ||
| Q2 24 | $2.1M | $116.2M | ||
| Q1 24 | — | $107.2M |
股东权益CLFDFCEL
| Q4 25 | $249.7M | $662.2M | ||
| Q3 25 | $256.2M | $556.2M | ||
| Q2 25 | $264.5M | $609.2M | ||
| Q1 25 | $265.9M | $635.2M | ||
| Q4 24 | $267.4M | $656.9M | ||
| Q3 24 | $275.8M | $675.8M | ||
| Q2 24 | $274.6M | $639.8M | ||
| Q1 24 | $279.2M | $663.9M |
总资产CLFDFCEL
| Q4 25 | $268.1M | $932.1M | ||
| Q3 25 | $306.2M | $830.5M | ||
| Q2 25 | $314.7M | $883.8M | ||
| Q1 25 | $310.9M | $907.5M | ||
| Q4 24 | $303.2M | $944.1M | ||
| Q3 24 | $315.3M | $948.9M | ||
| Q2 24 | $318.1M | $916.8M | ||
| Q1 24 | $315.4M | $923.2M |
负债/权益比CLFDFCEL
| Q4 25 | — | 0.16× | ||
| Q3 25 | — | 0.19× | ||
| Q2 25 | — | 0.18× | ||
| Q1 25 | — | 0.18× | ||
| Q4 24 | — | 0.18× | ||
| Q3 24 | 0.01× | 0.17× | ||
| Q2 24 | 0.01× | 0.18× | ||
| Q1 24 | — | 0.16× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-1.4M | $-22.9M |
| 自由现金流经营现金流 - 资本支出 | $-2.4M | $-23.9M |
| 自由现金流率自由现金流/营收 | -7.1% | -43.4% |
| 资本支出强度资本支出/营收 | 2.9% | 1.8% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $-143.9M |
8季度趋势，按日历期对齐
经营现金流CLFDFCEL
| Q4 25 | $-1.4M | $-22.9M | ||
| Q3 25 | — | $-26.8M | ||
| Q2 25 | $7.9M | $-29.9M | ||
| Q1 25 | $3.0M | $-45.7M | ||
| Q4 24 | $7.2M | $5.8M | ||
| Q3 24 | $22.2M | $-63.4M | ||
| Q2 24 | $4.0M | $-37.1M | ||
| Q1 24 | $-5.7M | $-58.3M |
自由现金流CLFDFCEL
| Q4 25 | $-2.4M | $-23.9M | ||
| Q3 25 | — | $-32.1M | ||
| Q2 25 | $7.5M | $-35.2M | ||
| Q1 25 | $654.0K | $-52.8M | ||
| Q4 24 | $5.1M | $-4.7M | ||
| Q3 24 | $18.2M | $-76.8M | ||
| Q2 24 | $2.8M | $-50.3M | ||
| Q1 24 | $-7.7M | $-68.8M |
自由现金流率CLFDFCEL
| Q4 25 | -7.1% | -43.4% | ||
| Q3 25 | — | -68.6% | ||
| Q2 25 | 15.1% | -94.0% | ||
| Q1 25 | 1.4% | -277.8% | ||
| Q4 24 | 17.1% | -9.5% | ||
| Q3 24 | 323.0% | -324.0% | ||
| Q2 24 | 5.8% | -224.5% | ||
| Q1 24 | -20.8% | -412.4% |
资本支出强度CLFDFCEL
| Q4 25 | 2.9% | 1.8% | ||
| Q3 25 | 2.0% | 11.2% | ||
| Q2 25 | 0.8% | 14.1% | ||
| Q1 25 | 5.1% | 37.2% | ||
| Q4 24 | 7.0% | 21.4% | ||
| Q3 24 | 71.4% | 56.6% | ||
| Q2 24 | 2.5% | 58.9% | ||
| Q1 24 | 5.3% | 63.3% |
现金转化率CLFDFCEL
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 4.93× | — | ||
| Q1 25 | 2.30× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
CLFD
暂无分部数据
FCEL
| Other | $30.0M | 55% |
| Electricity Generation | $12.2M | 22% |
| Services | $7.3M | 13% |
| Advanced Technologies | $5.5M | 10% |
