📊 CLFD Key Takeaways
Investment Thesis
Clearfield demonstrates strong revenue growth (+19.6% YoY) and excellent cash generation (FCF of $17.1M with 49.9% FCF margin), indicating quality sales expansion. However, the company is currently unprofitable with negative operating margins (-5.3%) and declining net losses, suggesting it is in a transitional phase between growth investment and profitability.
CLFD Strengths
- Strong revenue growth of 19.6% year-over-year shows market demand and expanding customer base
- Exceptional free cash flow generation ($17.1M FCF margin of 49.9%) demonstrates sustainable cash economics despite operating losses
- Fortress balance sheet with zero long-term debt, $13.9M cash, and current ratio of 12.55x provides financial flexibility
- Improving net loss trajectory (up 35.4% YoY) with narrowing losses suggests path toward profitability
CLFD Risks
- Operating losses of -$1.8M indicate core business operations are not yet profitable despite revenue growth
- Negative operating margin of -5.3% and negative ROE/ROA suggest operational challenges in converting sales to earnings
- Gross margin of 33.2% may be under pressure as company scales, indicating potential competitive or cost challenges
- High insider activity (12 Form 4 filings in 90 days) requires monitoring for potential insider selling or stock option activity
Key Metrics to Watch
- Path to operating profitability and operating margin expansion toward industry benchmarks
- Gross margin sustainability and any compression from increased manufacturing or supply chain costs
- Capital efficiency and conversion of strong FCF generation into eventual net profitability
CLFD Financial Metrics
💡 AI Analyst Insight
The 49.9% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. Strong liquidity with a 12.55x current ratio provides a solid financial cushion.
CLFD Profitability Ratios
CLFD vs Default Sector
How Clearfield, Inc. compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
CLFD Balance Sheet & Liquidity
CLFD 5-Year Financial Trend
5-Year Trend Summary: Clearfield, Inc.'s revenue has grown significantly by 60% over the 5-year period, indicating strong business expansion. The most recent EPS of $2.17 reflects profitable operations.
CLFD Growth Metrics (YoY)
CLFD Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $29.7M | -$614.0K | $-0.04 |
| Q3 2025 | $48.8M | -$447.0K | $-0.04 |
| Q2 2025 | $36.9M | -$579.0K | $-0.04 |
| Q1 2025 | $34.2M | -$1.9M | $-0.13 |
| Q3 2024 | $48.8M | -$447.0K | $-0.04 |
| Q2 2024 | $36.9M | -$5.9M | $-0.40 |
| Q3 2023 | $61.3M | $5.2M | $0.33 |
| Q1 2023 | $51.1M | $9.2M | $0.66 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
CLFD Capital Allocation
CLFD SEC Filings
Access official SEC EDGAR filings for Clearfield, Inc. (CIK: 0000796505)
📋 Recent SEC Filings
❓ Frequently Asked Questions about CLFD
What is the AI rating for CLFD?
Clearfield, Inc. (CLFD) has an AI rating of HOLD with 62% confidence, based on fundamental analysis of SEC EDGAR filings.
What are CLFD's key strengths?
Strong revenue growth of 19.6% year-over-year shows market demand and expanding customer base. Exceptional free cash flow generation ($17.1M FCF margin of 49.9%) demonstrates sustainable cash economics despite operating losses.
What are the risks of investing in CLFD?
Operating losses of -$1.8M indicate core business operations are not yet profitable despite revenue growth. Negative operating margin of -5.3% and negative ROE/ROA suggest operational challenges in converting sales to earnings.
What is CLFD's revenue and growth?
Clearfield, Inc. reported revenue of $34.3M.
Does CLFD pay dividends?
Clearfield, Inc. does not currently pay dividends.
Where can I find CLFD SEC filings?
Official SEC filings for Clearfield, Inc. (CIK: 0000796505) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is CLFD's EPS?
Clearfield, Inc. has a diluted EPS of $-0.04.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.