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Clearfield, Inc.（CLFD）与蜗牛（SNAL）财务数据对比。点击上方公司名可切换其他公司
Clearfield, Inc.的季度营收约是蜗牛的1.4倍（$34.3M vs $25.1M），Clearfield, Inc.净利率更高（-1.8% vs -3.4%，领先1.6%），Clearfield, Inc.同比增速更快（-3.2% vs -4.2%），过去两年蜗牛的营收复合增速更高（33.4% 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。
苏州蜗牛数字科技股份有限公司，简称蜗牛，是总部位于苏州的中国游戏企业，同时持有虚拟运营商牌照，旗下拥有蜗牛游戏、蜗牛移动两大业务板块，北美分部负责在美洲及欧洲地区推广旗下游戏产品。蜗牛主营大型多人在线、即时战略与休闲类游戏，全球累计注册用户已超7000万。
CLFD vs SNAL — 直观对比
营收规模更大
CLFD
是对方的1.4倍
$25.1M
营收增速更快
CLFD
高出1.0%
-4.2%
净利率更高
CLFD
高出1.6%
-3.4%
两年增速更快
SNAL
近两年复合增速
-3.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $34.3M | $25.1M |
| 净利润 | $-614.0K | $-862.2K |
| 毛利率 | 33.2% | 38.3% |
| 营业利润率 | -5.3% | -6.0% |
| 净利率 | -1.8% | -3.4% |
| 营收同比 | -3.2% | -4.2% |
| 净利润同比 | 67.8% | -177.0% |
| 每股收益（稀释后） | $-0.04 | — |
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CLFDSNAL
| Q4 25 | $34.3M | $25.1M | ||
| Q3 25 | $23.4M | $13.8M | ||
| Q2 25 | $49.9M | $22.2M | ||
| Q1 25 | $47.2M | $20.1M | ||
| Q4 24 | $29.7M | $26.2M | ||
| Q3 24 | $5.6M | $22.5M | ||
| Q2 24 | $48.8M | $21.6M | ||
| Q1 24 | $36.9M | $14.1M |
净利润CLFDSNAL
| Q4 25 | $-614.0K | $-862.2K | ||
| Q3 25 | $-9.1M | $-7.9M | ||
| Q2 25 | $1.6M | $-16.6M | ||
| Q1 25 | $1.3M | $-1.9M | ||
| Q4 24 | $-1.9M | $1.1M | ||
| Q3 24 | — | $235.1K | ||
| Q2 24 | $-447.0K | $2.3M | ||
| Q1 24 | $-5.9M | $-1.8M |
毛利率CLFDSNAL
| Q4 25 | 33.2% | 38.3% | ||
| Q3 25 | 53.2% | 0.1% | ||
| Q2 25 | 30.5% | 31.3% | ||
| Q1 25 | 30.1% | 29.1% | ||
| Q4 24 | 29.2% | 43.3% | ||
| Q3 24 | — | 38.6% | ||
| Q2 24 | 21.9% | 37.5% | ||
| Q1 24 | 7.7% | 14.7% |
营业利润率CLFDSNAL
| Q4 25 | -5.3% | -6.0% | ||
| Q3 25 | 10.3% | -71.3% | ||
| Q2 25 | 3.0% | -8.2% | ||
| Q1 25 | 0.6% | -20.4% | ||
| Q4 24 | -6.9% | 11.5% | ||
| Q3 24 | — | 1.8% | ||
| Q2 24 | -4.7% | 12.4% | ||
| Q1 24 | -26.4% | -15.6% |
净利率CLFDSNAL
| Q4 25 | -1.8% | -3.4% | ||
| Q3 25 | -38.8% | -56.9% | ||
| Q2 25 | 3.2% | -74.7% | ||
| Q1 25 | 2.8% | -9.7% | ||
| Q4 24 | -6.4% | 4.3% | ||
| Q3 24 | — | 1.0% | ||
| Q2 24 | -0.9% | 10.4% | ||
| Q1 24 | -16.0% | -12.6% |
每股收益（稀释后）CLFDSNAL
| Q4 25 | $-0.04 | — | ||
| Q3 25 | $-0.65 | — | ||
| Q2 25 | $0.11 | $-0.44 | ||
| Q1 25 | $0.09 | $-0.06 | ||
| Q4 24 | $-0.13 | $0.03 | ||
| Q3 24 | — | $0.01 | ||
| Q2 24 | $-0.04 | $0.06 | ||
| Q1 24 | $-0.40 | $-0.05 |
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 | $8.6M |
| 总债务越低越好 | — | $14.6M |
| 股东权益账面价值 | $249.7M | $-16.4M |
| 总资产 | $268.1M | $59.3M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资CLFDSNAL
| Q4 25 | $96.4M | $8.6M | ||
| Q3 25 | $106.0M | $12.3M | ||
| Q2 25 | $117.2M | $7.9M | ||
| Q1 25 | $112.0M | $9.4M | ||
| Q4 24 | $113.0M | $7.3M | ||
| Q3 24 | $129.0M | $10.6M | ||
| Q2 24 | $123.8M | $15.5M | ||
| Q1 24 | $142.9M | $16.1M |
总债务CLFDSNAL
| Q4 25 | — | $14.6M | ||
| Q3 25 | — | $10.5M | ||
| Q2 25 | — | $11.8M | ||
| Q1 25 | — | $9.0M | ||
| Q4 24 | — | $5.7M | ||
| Q3 24 | $2.2M | $5.7M | ||
| Q2 24 | $2.1M | $5.8M | ||
| Q1 24 | — | $6.5M |
股东权益CLFDSNAL
| Q4 25 | $249.7M | $-16.4M | ||
| Q3 25 | $256.2M | $-15.6M | ||
| Q2 25 | $264.5M | $-8.0M | ||
| Q1 25 | $265.9M | $9.1M | ||
| Q4 24 | $267.4M | $9.7M | ||
| Q3 24 | $275.8M | $8.2M | ||
| Q2 24 | $274.6M | $7.9M | ||
| Q1 24 | $279.2M | $5.6M |
总资产CLFDSNAL
| Q4 25 | $268.1M | $59.3M | ||
| Q3 25 | $306.2M | $51.1M | ||
| Q2 25 | $314.7M | $58.0M | ||
| Q1 25 | $310.9M | $64.5M | ||
| Q4 24 | $303.2M | $62.2M | ||
| Q3 24 | $315.3M | $66.8M | ||
| Q2 24 | $318.1M | $75.4M | ||
| Q1 24 | $315.4M | $78.3M |
负债/权益比CLFDSNAL
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.99× | ||
| Q4 24 | — | 0.59× | ||
| Q3 24 | 0.01× | 0.70× | ||
| Q2 24 | 0.01× | 0.73× | ||
| Q1 24 | — | 1.16× |
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 | $-5.3M |
| 自由现金流经营现金流 - 资本支出 | $-2.4M | — |
| 自由现金流率自由现金流/营收 | -7.1% | — |
| 资本支出强度资本支出/营收 | 2.9% | — |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流CLFDSNAL
| Q4 25 | $-1.4M | $-5.3M | ||
| Q3 25 | — | $6.6M | ||
| Q2 25 | $7.9M | $-3.2M | ||
| Q1 25 | $3.0M | $764.5K | ||
| Q4 24 | $7.2M | $-3.6M | ||
| Q3 24 | $22.2M | $-5.0M | ||
| Q2 24 | $4.0M | $206.6K | ||
| Q1 24 | $-5.7M | $6.8M |
自由现金流CLFDSNAL
| 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 24 | $-7.7M | — |
自由现金流率CLFDSNAL
| 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 24 | -20.8% | — |
资本支出强度CLFDSNAL
| 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 24 | 5.3% | — |
现金转化率CLFDSNAL
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 4.93× | — | ||
| Q1 25 | 2.30× | — | ||
| Q4 24 | — | -3.21× | ||
| Q3 24 | — | -21.05× | ||
| Q2 24 | — | 0.09× | ||
| 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
SNAL
| Pc | $14.7M | 59% |
| Platform Three | $5.2M | 21% |
| Platform Two | $3.3M | 13% |
| Sales Channel Directly To Consumer Mobile Sale | $1.6M | 6% |
