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Clearfield CLFD Operating margin

Operating margin at other companies

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15.2%+5.4pp
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25.8%+4.9pp
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BeldenBDC
11.5%+0.3pp
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Vertiv Holdings CoVRT
18.3%+0.9pp
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HarmonicHLIT
21.5%
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MaxLinearMXL
-19.3%-7.5pp

Other financials

Income statement

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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

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

Valuation

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Market cap$511.37M-7.6%
Enterprise value$512.91M-5.9%
P/S3.8×-0.7×

Profitability

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Gross margin37.2%+4.4pp
Net margin-6.3%-9.1pp
FCF margin7.5%-9.1pp

Returns & leverage

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

Where this comes from

Calculated from Clearfield’s reported figures.

Based on trailing twelve months.

The official record: Clearfield’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Clearfield's operating margin?
Clearfield (CLFD) reported operating margin of 1.4% in Q1 2026.
How has Clearfield's operating margin changed year-over-year?
Clearfield's operating margin increased by 166.4% year-over-year, from -2.1% to 1.4%.
What is the long-term trend for Clearfield's operating margin?
Over 5 years (2020 to 2025), Clearfield's operating margin has grown at a -15.1% compound annual growth rate (CAGR), from 9% to 4%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.