Clearfield, Inc.
Financial highlights
| Metric | FY 09/30/25 | FY 09/30/24 | FY 09/30/23 | FY 09/30/22 | FY 09/30/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $150.1M | $125.6M | $225.7M | $270.9M | $140.8M |
| Cost of revenue | $99.6M | $99.7M | $145.9M | $157.9M | $79.6M |
| Gross profit | $50.5M | $25.8M | $79.9M | $112.9M | $61.2M |
| Selling, general & administrative | $48.4M | $45.1M | $42.3M | $49.1M | $35.9M |
| Research and development | $2.4M | $3.0M | $3.1M | $895,000 | $243,000 |
| Operating income | $2.1M | -$19.2M | $37.6M | $63.8M | $25.2M |
| Interest expense | — | $506,000 | $881,000 | $311,000 | — |
| Pretax income | $8.7M | -$11.8M | $42.6M | $63.8M | $25.7M |
| Income tax expense | $2.4M | -$3.2M | $8.9M | $14.5M | $5.4M |
| Net income | -$8.1M | -$12.5M | $32.5M | $49.4M | $20.3M |
| Balance Sheet | |||||
| Cash and equivalents | $21.5M | $14.1M | $37.8M | $16.6M | $13.2M |
| Current assets | $198.5M | $229.6M | $296.3M | $160.1M | $71.5M |
| Total assets | $306.2M | $315.3M | $355.5M | $229.1M | $125.9M |
| Current liabilities | $36.6M | $24.4M | $29.0M | $51.7M | $20.5M |
| Total liabilities | $50.0M | $39.5M | $40.4M | $81.5M | $22.1M |
| Stockholders' equity | $256.2M | $275.8M | $315.2M | $147.6M | $103.8M |
| Cash Flow Statement | |||||
| Cash from operations | $26.6M | $22.2M | $18.4M | $2.3M | $10.9M |
| Depreciation and amortization | $6.1M | $5.9M | $4.6M | $3.4M | $2.3M |
| Stock-based compensation | $4.6M | $4.4M | $3.6M | $2.3M | $1.3M |
| Capital expenditure | $4.7M | $9.6M | $7.7M | $8.5M | $2.0M |
| Free cash flow | $21.8M | $12.7M | $10.7M | -$6.2M | $8.9M |
| Share repurchases | $16.7M | $33.4M | $0 | $0 | $0 |
| Impairments | $0 | $0 | $0 | $0 | $0 |
Shares outstanding 13.6M · Free float 81.8%
Annual filing data through FY ended September 30, 2025; float as of July 10, 2026.