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Other financials

Income statement

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Revenue$43.9M+13.2%
Gross profit$13.9M+2.0%
Operating income$2.6M+68.4%
Net income$3.0M+86.8%
EPS (diluted)$0.22+100%

Balance sheet

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Cash & equivalents$20.4M-39.6%
Total debt$10.3M-50.6%
Total equity$245.9M-7.0%
Total assets$267.1M-15.1%

Cash flow

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Operating cash flow$9.9M+24.5%
Free cash flow$8.9M+19.9%

Valuation

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Market cap$373.66M-13.4%
Enterprise value$363.49M-13.1%
P/S2.4×-1.3×

Profitability

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Gross margin33%-5.3pp
Operating margin-0.2%-1.3pp
Net margin-4.7%-4.9pp
FCF margin7.6%-14.5pp

Returns & leverage

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Return on equity-2.8%-2.9pp
Debt / equity0.0×
Current ratio12.5×+6.6×

Where this comes from

Reported directly by Clearfield in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireProductiveAssets.

The source filing: Clearfield’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 5:00 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0001171843-26-005329
Line itemNine Months Ended / June 30, 2026Nine Months Ended / June 30, 2025
Accounts payable and accrued expenses(4,939)2,493
Net cash provided by operating activities (continuing)7,34522,423
Cash flows from investing activities (continuing)
Purchases of property, plant and equipment and intangible assets(2,917)(3,529)
Purchases of investments(70,241)(78,697)
Proceeds from maturities of investments79,71095,976
Cash paid on disposal of business(1,012)-
Net cash provided by investing activities (continuing)5,54013,750

ITEM 1. FINANCIAL STATEMENTS[](#)

FAQ

What is Clearfield's capex?
Clearfield (CLFD) reported capex of $910K in Q2 2026.
How has Clearfield's capex changed year-over-year?
Clearfield's capex increased by 100.0% year-over-year, from $455K to $910K.
What is the long-term trend for Clearfield's capex?
Over 4 years (2021 to 2025), Clearfield's capex has grown at a 23.4% compound annual growth rate (CAGR), from $2.05M to $4.74M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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