Saturday 17 October 2026 Export CLFD’s income statement to Excel — free account

Clearfield, Inc.

In the quarter to June 2026, revenue grew 13.2%, EPS grew 100.0% and free cash flow fell 6.00%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

29.47 0.52 −1.73%

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Market cap: $407.4M
P/E: 0.0×
Fwd P/E: 76.5×
Dividend yield: —
F-score: 7/9
Altman Z: 7.41
Beneish M: −2.76
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.30

Total sells 1.15

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	1	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	1	—	—	3	2	1	—	—	—

Insider Ownership 18.04%

Capital & Financial Ratios $m

Market Cap 407.38

Revenue 153.66

Net Income (7.22)

Free Cash Flow 8.25

Net Debt (101.22)

Current Ratio 12.53

Debt/Equity 0.00

P/E ratio 0.00

Fwd P/E 76.50

P/S ratio 2.61

P/B ratio 1.63

Past 5Y EPS Growth —

This Y EPS Growth 135.06%

Next Y EPS Growth 339.34%

Next Y revenue growth 1.91%

Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 40.77%

10-year low 10-year high

P/B against its own 10 years 10.80%

10-year low 10-year high

EV/Sales against its own 10 years 30.59%

10-year low 10-year high

EV/FCF against its own 10 years 67.42%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2022	Powerpack
2021	Powerpack
2020	Powerpack
2017	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	168	129	106	101
Receivables	28	14	18	22
Inventory	98	56	42	33
Other	2	20	21	—
	296	230	198	171

	2023	2024	2025	Q'26
Payables	9	3	7	5
ST’ Debt	2	—	—	—
Other	6	12	18	—
	29	24	37	14

Compound Annual Growth %

	10y	5y	3y
Sales	9.55%	10.03%	(17.86%)
Cash Flow	14.51%	31.88%	127.40%
Earnings	0.00%	0.00%	0.00%
Book Value	17.45%	25.36%	20.18%

Revenue $m

	Dec	Mar	Jun	Sep	Year
’26	34	34	44	—	—
’25	30	41	39	41	150
’24	34	37	49	6	126
’23	86	72	61	7	226
’22	51	53	71	95	271
’21	27	30	39	45	141
’20	19	20	26	27	93

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Dec	Mar	Jun	Sep	Year
’26	(1)	(1)	10	—	—
’25	8	4	10	4	27
’24	11	(6)	4	9	18
’23	1	9	3	11	25
’22	0	(11)	2	12	2
’21	3	4	1	3	11
’20	0	2	0	4	7

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Dec	Mar	Jun	Sep	Year
’26	(2)	(2)	9	—	—
’25	6	3	10	4	23
’24	8	(8)	3	6	10
’23	(1)	6	2	10	17
’22	(2)	(14)	0	9	(7)
’21	2	4	1	2	9
’20	(1)	2	0	4	5

Fiscal quarters ending in the months shown.

EPS $

	Dec	Mar	Jun	Sep	Year
’26	(0.04)	(0.04)	0.22	—	—
’25	(0.13)	0.09	0.11	(0.65)	(0.58)
’24	(0.35)	(0.40)	(0.03)	(0.06)	(0.85)
’23	1.00	0.67	0.33	0.17	2.17
’22	0.75	0.66	0.92	1.22	3.55
’21	0.23	0.27	0.44	0.53	1.47
’20	0.04	0.05	0.22	0.22	0.53

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	12.27	11.00	8.41	9.86	8.32	23.60	44.15	22.91	24.78	23.78	Analyst estimates 2026–2028 Powerpack
	High	21.60	21.50	15.30	16.75	28.32	86.71	134.90	100.00	44.83	46.76
People
People	Employees	222	230	225	240	230	250	407	400	400	243
	Revenue/emp, $m	0.34	0.32	0.35	0.35	0.40	0.56	0.67	0.56	0.31	0.62
Income, $m
Income, $m	Revenue	75	74	78	85	93	141	271	226	126	150
	Gross margin, %	43.66	40.93	39.92	38.44	40.74	43.46	41.70	35.38	20.58	33.66
	EBT	11	6	6	6	9	26	64	43	(12)	9
	EBT margin, %	14.46	7.55	7.12	6.97	9.84	18.28	23.57	18.88	(9.37)	5.77
	Net income	8	4	4	5	7	20	49	33	(12)	(8)
	Depreciation	1	2	2	2	2	2	3	1	2	4
Per share, $
Per share, $	Revenue	5.63	5.46	5.78	6.33	6.82	10.26	19.67	15.07	8.61	10.73
	Earnings	0.60	0.28	0.32	0.34	0.53	1.48	3.58	2.17	(0.85)	(0.58)
	Cash flow	0.86	0.47	0.34	1.10	0.49	0.79	0.16	1.64	1.22	1.90
	Capex	(0.12)	(0.15)	(0.08)	(0.19)	(0.13)	(0.15)	(0.66)	(0.50)	(0.54)	(0.27)
	Free cash flow	0.74	0.32	0.26	0.91	0.36	0.65	(0.50)	1.15	0.67	1.62
	Book value	4.68	4.77	5.13	5.57	6.07	7.57	10.72	21.04	18.91	18.31
	Shares, m	13	14	13	13	14	14	14	15	15	14
Valuation, ×
Valuation, ×	P/E	32.41	48.93	41.72	34.11	38.06	29.83	29.23	13.26	0.00	0.00
	P/S	3.34	2.51	2.31	1.87	2.96	4.30	5.32	1.91	4.52	3.20
	P/B	4.02	2.87	2.60	2.13	3.33	5.83	9.76	1.37	2.06	1.88
	EV/Sales	2.89	2.18	2.08	1.60	2.70	4.15	5.33	1.22	3.53	2.53
	EV/FCF	22.13	39.01	49.27	11.25	53.47	67.21	(205.07)	16.21	45.85	16.86
Cash, $m
Cash, $m	Operating cash flow	12	6	5	15	7	11	2	25	18	27
	Capex	(2)	(2)	(1)	(3)	(2)	(2)	(9)	(7)	(8)	(4)
	Free cash flow	10	4	3	12	5	9	(7)	17	10	23
Balance, $m
Balance, $m	Working capital	44	37	36	36	42	51	108	267	205	162
	Total debt	—	—	—	—	3	3	26	2	2	—
	Net debt	(34)	(24)	(17)	(24)	(24)	(21)	4	(166)	(127)	(106)
	Shareholders’ equity	63	65	69	75	83	104	148	315	276	256
Returns, %
Returns, %	ROA	12.50	5.49	5.95	5.85	8.23	18.38	27.81	11.13	(3.71)	(2.59)
	ROIC	23.09	8.29	6.17	6.32	8.95	19.06	26.31	15.75	(8.07)	0.88
	ROE	14.07	6.05	6.41	6.35	9.25	21.79	39.27	14.06	(4.21)	(3.03)

Negative figures in brackets.

All 10 years →

Fiscal years to Sep 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
GILT Gilat Satellite Networks Ltd.	$620.1M	17.0×	44.7×	+16.86% (above 0%: growing)	−35.29% (below 0%: shrinking)	−250.32% (below 0%: shrinking)	30.37%	3.83%	Compare
NTGR NETGEAR, Inc.	$606.4M	— (loss-making)	— (loss-making)	−1.16% (below 0%: shrinking)	n/m	−118.63% (below 0%: shrinking)	40.21%	(5.01%)	Compare
ADTN ADTRAN Holdings, Inc.	$532.1M	— (loss-making)	— (loss-making)	+6.07% (above 0%: growing)	n/m	−52.65% (below 0%: shrinking)	36.97%	(3.58%)	Compare
CLFD Clearfield, Inc.	$407.4M	— (loss-making)	76.5×	+13.18% (above 0%: growing)	+100.00% (above 0%: growing)	−6.00% (below 0%: shrinking)	31.79%	5.86%
LTRX Lantronix, Inc.	$274.2M	— (loss-making)	179×	+8.03% (above 0%: growing)	n/m	+89.00% (above 0%: growing)	43.67%	(1.26%)	Compare
AUDC AudioCodes Ltd.	$270.5M	43.1×	26.7×	+3.08% (above 0%: growing)	+100.00% (above 0%: growing)	−15.07% (below 0%: shrinking)	65.70%	5.08%	Compare
BKTI BK TECHNOLOGIES, INC.	$251.4M	17.9×	26.1×	+10.63% (above 0%: growing)	−18.45% (below 0%: shrinking)	−85.95% (below 0%: shrinking)	51.86%	16.35%	Compare
SILC Silicom Ltd	$250.5M	— (loss-making)	— (loss-making)	+58.51% (above 0%: growing)	n/m	−29.51% (below 0%: shrinking)	30.11%	(8.37%)	Compare
AVNW Aviat Networks, Inc.	$250.0M	99.7×	9.6×	+4.81% (above 0%: growing)	n/m	−56.30% (below 0%: shrinking)	30.81%	4.82%	Compare
Median of peers	$272.4M	30.5×	26.7×	+7.05%	−18.45%	−54.47%	38.59%	1.29%

All 47 Communication Equipment stocks →

Clearfield, Inc. (CLFD) key facts

Clearfield, Inc. (CLFD) is a Communication Equipment company in the Technology sector, listed on Nasdaq.
As of October 16, 2026, CLFD traded at $29.47, a market capitalization of $407.4 million.
Return on equity was −3.03% and debt-to-equity 0.00.
Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 7.41 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.