CLFD
Clearfield Inc
NASDAQ: CLFD · TECHNOLOGY · COMMUNICATION EQUIPMENT
$28.89
+3.51% today
Updated 2026-04-30
Market cap
$417.76M
P/E ratio
67.04
P/S ratio
2.70x
EPS (TTM)
$0.45
Dividend yield
—
52W range
$24 – $47
Volume
0.1M
Clearfield Inc (CLFD) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.72M | $10.30M | $23.49M | $24.94M | $24.37M | $35.19M | $37.47M | $53.35M | $58.05M | $60.32M | $75.29M | $73.95M | $77.65M | $85.03M | $93.07M | $140.76M | $270.88M | $225.72M | $166.71M | $150.13M |
| Revenue growth (YoY) | — | -34.5% | +128.2% | +6.2% | -2.3% | +44.4% | +6.5% | +42.4% | +8.8% | +3.9% | +24.8% | -1.8% | +5.0% | +9.5% | +9.5% | +51.2% | +92.4% | -16.7% | -26.1% | -9.9% |
| Cost of revenue | $12.20M | $7.08M | $15.64M | $16.07M | $15.23M | $20.53M | $22.19M | $31.36M | $33.45M | $35.46M | $42.42M | $43.68M | $46.65M | $52.35M | $55.16M | $79.58M | $157.94M | $145.87M | $137.82M | $99.60M |
| Gross profit | $3.52M | $3.22M | $7.85M | $8.87M | $9.14M | $14.66M | $15.29M | $21.99M | $24.60M | $24.87M | $32.87M | $30.26M | $31.00M | $32.69M | $37.91M | $61.18M | $112.95M | $79.86M | $28.89M | $50.54M |
| Gross margin | 22.4% | 31.2% | 33.4% | 35.6% | 37.5% | 41.7% | 40.8% | 41.2% | 42.4% | 41.2% | 43.7% | 40.9% | 39.9% | 38.4% | 40.7% | 43.5% | 41.7% | 35.4% | 17.3% | 33.7% |
| R&D | $1.41M | $1.41M | — | — | — | $0.00 | $0.00 | $0.00 | $704000.00 | $750107.00 | $838122.00 | $865568.00 | $787364.00 | $1.09M | $1.27M | $1.24M | $895000.00 | $3.12M | $3.00M | $2.42M |
| SG&A | $6.76M | $6.76M | $6.85M | $7.63M | $8.01M | $10.99M | $10.99M | $14.54M | $16.08M | $17.82M | $22.14M | $24.95M | $25.93M | $27.50M | $29.53M | $35.94M | $49.13M | $47.99M | $52.11M | $48.42M |
| Operating income | $-3.46M | $-453958.00 | $996901.00 | $1.21M | $1.12M | $3.72M | $4.27M | $7.44M | $8.52M | $7.05M | $10.73M | $5.31M | $5.07M | $5.19M | $8.38M | $25.23M | $63.82M | $37.58M | $-23.22M | $2.12M |
| Operating margin | -22.0% | -4.4% | 4.2% | 4.9% | 4.6% | 10.6% | 11.4% | 14.0% | 14.7% | 11.7% | 14.3% | 7.2% | 6.5% | 6.1% | 9.0% | 17.9% | 23.6% | 16.6% | -13.9% | 1.4% |
| EBITDA | $-3.98M | $-206268.00 | $1.50M | $1.85M | $1.80M | $4.21M | $4.68M | $7.92M | $9.22M | $8.27M | $12.18M | $6.93M | $7.12M | $8.11M | $11.58M | $28.04M | $67.23M | $47.37M | $-8.34M | $14.79M |
| EBITDA margin | -25.3% | -2.0% | 6.4% | 7.4% | 7.4% | 12.0% | 12.5% | 14.8% | 15.9% | 13.7% | 16.2% | 9.4% | 9.2% | 9.5% | 12.4% | 19.9% | 24.8% | 21.0% | -5.0% | 9.8% |
| EBIT | $-5.04M | $-419965.00 | $996901.00 | $1.42M | $1.30M | $3.85M | $4.27M | $7.44M | $8.52M | $7.05M | $10.73M | $5.31M | $5.07M | $5.93M | $9.16M | $25.73M | $63.82M | $42.78M | $-15.75M | $8.67M |
| Interest expense | $1.96M | $802516.00 | $666543.00 | $5676.00 | $820.00 | $69673.00 | $54724.00 | $92281.00 | $95703.00 | $105891.00 | $157402.00 | $273930.00 | $457101.00 | $738459.00 | $770950.00 | $500120.00 | $311000.00 | $170000.00 | $506000.00 | $0.00 |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-3.35M | $-1.29M | $1.51M | $3.78M | $1.18M | $6.17M | $7.70M | $4.73M | $5.43M | $4.68M | $8.01M | $3.85M | $4.27M | $4.57M | $7.29M | $20.33M | $49.36M | $32.53M | $-12.45M | $-8.05M |
| Net income growth (YoY) | — | +61.5% | +217.3% | +150.0% | -68.8% | +422.2% | +24.9% | -38.5% | +14.8% | -13.8% | +71.1% | -52.0% | +11.1% | +6.8% | +59.7% | +178.7% | +142.8% | -34.1% | -138.3% | +35.4% |
| Profit margin | -21.3% | -12.5% | 6.4% | 15.2% | 4.8% | 17.5% | 20.6% | 8.9% | 9.4% | 7.8% | 10.6% | 5.2% | 5.5% | 5.4% | 7.8% | 14.4% | 18.2% | 14.4% | -7.5% | -5.4% |