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Clearfield

CLFD

Clearfield, Inc. designs, manufactures, and distributes fiber protection, management, and delivery solutions for broadband service providers.

Market cap
$436.49M-27.8%
Revenue$136.2M+9.2%
Net income-$8.6M-365%
Free cash flow$10.2M-50.8%
EPS (diluted)-$0.62-343%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 5, 2026 (In 1 week)
Revenue estimate$43.9M
EPS estimate$0.19

Financials

Q2 2026

Income statement

See full
Revenue$34.4M-15.3%
Gross profit$11.2M-20.1%
Operating income-$2.1M-223%
Net income-$528.0K-140%
EPS (diluted)-$0.04-144%

Balance sheet

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Cash & equivalents$9.4M-67.4%
Total debt$10.9M-46.4%
Total equity$242.8M-8.7%
Total assets$263.5M-15.2%

Cash flow

See full
Operating cash flow-$1.1M-135%
CapEx$1.0M-23.0%
Free cash flow-$2.1M-221%

Valuation & ratios

Valuation

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Market cap$436.49M-27.8%
Enterprise value$438.03M-28.4%
P/S3.2×-1.8×

Profitability

See full
Gross margin37.2%+4.4pp
Operating margin1.4%+0.9pp
Net margin-6.3%-9.1pp
FCF margin7.5%-9.1pp

Returns & leverage

See full
Return on equity-3.4%-4.5pp
Debt / equity0.0×
Current ratio12.8×+6.1×

Competitors

Profile

Clearfield, Inc. designs, manufactures, and distributes fiber protection, management, and delivery solutions for broadband service providers. The company provides a 'fiber to anywhere' platform that simplifies fiber-fed deployments by reducing labor requirements and accelerating network turn-up speeds. Its core value proposition centers on modular, plug-and-play architectures that lower the total cost of ownership for high-speed communication networks.

Competitive position

Clearfield differentiates itself through 'labor lite' plug-and-play solutions that reduce field splicing and engineering time, though it faces competition from much larger diversified equipment manufacturers.

GeographiesUnited States, Canada, Mexico, Caribbean, Central America, South America
Customer segmentsTelecommunications Carriers, Cable Operators, Data Center Operators, Wireless Service Providers
Business modelManufacturing, Hardware-as-a-Product, B2B
SuppliersRaw material suppliers, Third-party contract manufacturers, Maquiladora service providers in Mexico, Logistics and transport providers
CustomersBroadband service providers, Authorized distributors, Original Equipment Manufacturers (OEMs), Wireless carriers
Listed1986
Employees400.0
CEOCheryl Beranek
FilingsSEC EDGAR

Questions, answered.

What is Clearfield's market cap?
Clearfield (CLFD) has a market capitalization of $436.5M and trades on NASDAQ.
What is Clearfield's revenue and profitability?
Clearfield generated $136.2M in trailing twelve-month revenue with a net loss of $8.6M, representing a net margin of -6.3%. Gross margin stands at 37.2%, with free cash flow of $10.2M. These figures are based on the Q1 2026 filing.
Who are Clearfield's competitors?
Clearfield's key competitors include Corning Inc., Belden Inc., Amphenol Corporation, and others. These companies compete in similar markets and product categories.
Where is Clearfield headquartered?
Clearfield is headquartered in United States of America and employs approximately 400 people. It has been publicly traded since 1986.