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NASDAQ · TELEPHONE & TELEGRAPH APPARATUS · MID CAP

Clearfield, Inc. CLFD

16 fiscal years on record · USD · FY2025 reported · SEC filings only
$150.1M
▲ 19.6% YoY
$-8.1M
$21.8M
▲ 122.9% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Clearfield, Inc. designs, manufactures, and distributes fiber protection, fiber management, and fiber delivery solutions primarily across North America. As of September 30, 2025, it had approximately 243 full-time employees, all based in the United States, excluding employees associated with the discontinued Nestor Cables business. For the fiscal year ended September 30, 2025, two customers, Customer A and Customer B, accounted for approximately 18% and 13% of its net sales, respectively. Its operations currently comprise one reportable segment. Clearfield, Inc. was incorporated under the laws of Minnesota in 1979.

Written from the business description in Clearfield, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 25 November 2025. Every sentence was checked against that document before publication.

Growth

USD 150.1M
Revenue, FY2025 · full 16-year series below
Revenue $M Net income $M
FY2025 · Revenue 150.1 · Net income -8.1
100M200M
201020132016201920222025
Compound annual growth
−17.9%
+10.0%
+9.5%
+12.9%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +10.0% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−5 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating 1.4% · Net -5.4%
10%20%-5%-10%-15%
201020172025
ROE
FY2025 · ROE -3.0%
10%20%30%
201020172025
Three returns, three denominators.

Each USD of equity lost 3 cents this year.

Cash & shareholders

USD 16.7M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 21.8
10.0M20.0M-2.5M-5.0M
201020172025
Net buybacks $M Dividends $M
FY2025 · Dividends · · Net buybacks 16.7
15M30M-50M-100M
2015201620172018202020212022202320242025

USD 16.7M in buybacks went back to shareholders in a year without profit.

Total assetsUSD 306.2M
EquityUSD 256.2M
CashUSD 21.5M
Current ratio5.42×

Equity funds 84% of total assets.

The 16-year record

16 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative—not applicable◌not available in our data
CLFD, 16-year financial record
Metric 2025202420232022202120202019201820172016201520142013201220112010
Revenue $B0.20.10.20.30.10.10.10.10.10.10.10.10.10.00.00.0
Operating income $B0.0−0.00.00.10.00.00.00.00.00.00.00.00.00.00.00.0
EBITDA $B0.0−0.00.00.10.00.00.00.00.00.00.00.00.00.00.00.0
Income tax $B0.0−0.00.00.00.00.00.00.00.00.00.00.00.0−0.0−0.00.0
Net income $B−0.0−0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.0
Free cash flow $B0.00.00.0−0.00.00.00.00.00.00.00.00.00.00.00.00.0
EPS, diluted $−0.58−0.852.173.551.470.530.340.320.280.590.340.400.360.600.480.09
Dividend / sh $◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌
Payout % — not applicable: no dividend————————————————
ROE %−3.0−4.214.139.321.89.26.46.46.114.19.612.512.725.327.16.1
Shares out B0.010.010.020.010.010.010.010.010.010.010.010.010.010.010.010.01

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 80 reconciliationsAUDITED

Reconciled in 16 of the 16 fiscal years we could check. Six checks were skipped: the balance sheet is not tagged before 2010. Three checks were skipped: EPS is not tagged before 2010. Three checks were skipped: revenue is not tagged before 2010.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityTelephone & Telegraph Apparatus
Listed onNASDAQ
Incorporated inMinnesota
Fiscal year endsSeptember 30
Data on record since2010

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