Clearfield, Inc. (CLFD)
Technology · Communication Equipment · NasdaqGM
Clearfield, Inc. revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $75.29M | $73.95M | $77.65M | $85.03M | $93.08M | $140.75M | $270.88M | $225.72M | $125.57M | $150.13M |
| Gross profit | $32.87M | $30.26M | $31.00M | $32.69M | $37.91M | $61.18M | $112.95M | $79.86M | $25.85M | $50.54M |
| Net income | $8.01M | $3.85M | $4.27M | $4.57M | $7.29M | $20.33M | $49.36M | $32.53M | $-12.45M | $-8.05M |
| Net margin | 10.6% | 5.2% | 5.5% | 5.4% | 7.8% | 14.4% | 18.2% | 14.4% | -9.9% | -5.4% |
Source: Clearfield, Inc. SEC filings (10-K). 16 years of history available in the interactive view.
What growth is priced into CLFD stock?
At today's market cap of $529.40M, Clearfield, Inc. is priced for free-cash-flow growth of about 10.3% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $21.81M from the FY ending 2025-09-30). For comparison, free cash flow actually grew 35.1%/yr over the last five fiscal years and revenue 10%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 16 years of Clearfield, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Clearfield, Inc. financial history by metric
About Clearfield, Inc.
Clearfield, Inc., together with its subsidiaries, designs, manufactures, and distributes fiber management, protection, and delivery products in the United States and internationally. The company offers FieldSmart, a series of panels, cabinets, wall boxes, and other enclosures; WaveSmart, an optical component integrated for signal coupling, splitting, termination, multiplexing, demultiplexing, and attenuation for integration within its fiber management platform; and FiberFlex, an outdoor active cabinet for mounting and configuration of electronic equipment. It also provides CraftSmart FiberFirst pedestals, an access terminal that offers cable management and mounting bracket kit that support the deployment of access terminals; YOURx, an access terminal that provides flexibility with cable mid-span and internal splicing options; FieldShield, a fiber pathway and protection method for reducing the cost of broadband deployment; Fiber Assemblies used for industry-standard or customer-specified configurations; and ClearPass Connector Cleaning Dust Cap, which simplifies fiber connector cleaning while enhancing network performance. In addition, the company offers fiber to the premise, fiber to the business, DC interconnect/campus network, meet-me room, main distribution area, and white space. Further, it provides metro core, backhaul, indoor/outdoor DAS, small cells, and FTT-cell site. The company serves various service providers, including national carriers, community broadband, multiple system operators, legacy build-to-print copper and fiber assemblies, large enterprises, and original equipment manufacturer markets. It sells its products through sales force and authorized distributors. The company was formerly known as APA Enterprises, Inc. and changed its name to Clearfield, Inc. in January 2008. Clearfield, Inc. was incorporated in 1979 and is headquartered in Minneapolis, Minnesota.
Clearfield, Inc. — frequently asked questions
What is Clearfield, Inc.'s revenue?
Clearfield, Inc. (CLFD) reported revenue of $150.13M for fiscal year 2025, up 19.6% from the prior year, according to its SEC filings.
Is Clearfield, Inc. profitable?
No — CLFD reported a net loss of $-8.05M in fiscal 2025.
What is CLFD's P/E ratio?
Clearfield, Inc. trades at a price-to-earnings ratio of about 169.4 based on the latest data in our nightly-refreshed cache.
How fast is Clearfield, Inc. growing?
CLFD's revenue grew at roughly 10.0% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Clearfield, Inc. have?
As of fiscal year 2025, CLFD carried roughly $0 in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Clearfield, Inc.'s gross margin?
CLFD's gross margin was 33.7% in fiscal 2025 — gross profit of $50.54M on revenue of $150.13M.
What is Clearfield, Inc.'s market cap?
Clearfield, Inc. (CLFD) has a market capitalization of about $529.40M, based on the latest data in our nightly-refreshed cache.
When does Clearfield, Inc.'s fiscal year end?
CLFD's fiscal year ends in September. Its most recent annual filing covers the fiscal year ending 2025-09-30.
What growth is priced into CLFD stock?
At today's market cap of $529.40M, Clearfield, Inc. is priced for free-cash-flow growth of about 10.3% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $21.81M from the FY ending 2025-09-30). For comparison, free cash flow actually grew 35.1%/yr over the last five fiscal years and revenue 10%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Clearfield, Inc.'s official SEC filings (10-K and 10-Q), covering 16 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.