Clearfield, Inc.
Rank #354StartupCLFD · Nasdaq · Technology
Clearfield, Inc. (CLFD) — Rank #354 by gross profitability (GP/assets 0.19) · ROE -3.3% · Piotroski F-Score N/A.
As-of 2026-09-28 · CIK 0000796505 · all metrics point-in-time as of the filing date.
About
Clearfield, Inc., together with its subsidiaries, designs, manufactures, and distributes fiber management, protection, and delivery products in the United States and internationally.
Show moreShow less
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.
- Industry
- Communication Equipment
- Sector
- Technology
- State
- MN
- Filer Category
- Accelerated filer
- Fiscal Year End
- September 30
- Website
- seeclearfield.com
Financials
Weakening
Direction over 5 fiscal years
- Free cash flowimproving
- Gross margindeteriorating
- Gross profitabilitydeteriorating
- Net cashimproving
- Operating margindeteriorating
- Return on equitydeteriorating
- Share count (dilution)improving
Monitoring diagnostic of business direction — not a prediction of returns.
Each fiscal year is read as-of that year’s own 10-K filing, so nothing restated after the fact leaks backwards. Line items this filer never tagged are omitted. Hover or tap a badge for the diagnostic behind it.
| Fiscal year end | 2025-09-30filed 2025-11-25 | 2024-09-30filed 2024-11-15 | 2023-09-30filed 2023-11-29 | 2022-09-30filed 2022-11-23 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | 150.1 | 166.7 | 268.7 | 270.9 |
| Revenue growth (YoY) | 19.6% | -38.0% | -0.8% | 92.5% |
| Gross profit | 50.5 | 28.9 | 85.3 | 112.9 |
| Gross margin | 33.7% | 17.3% | 31.7% | 41.7% |
| Net income | (8.1) | (12.5) | 32.5 | 49.4 |
| Net margin | -5.4% | -7.5% | 12.1% | 18.2% |
| EPS (diluted) | -$0.58 | -$0.85 | $2.17 | $3.55 |
| EPS growth (YoY) | 31.8% | -139.2% | -38.9% | — |
| Cash flow | ||||
| Operating cash flow | 26.6 | 22.2 | 20.0 | 1.0 |
| Capital expenditures | 4.7 | 9.6 | 8.4 | 9.1 |
| Free cash flow | 21.8 | 12.7 | 11.6 | (8.1) |
Figures are as originally filed with the SEC (point-in-time), not restated, so they can differ slightly from sites that show later-restated numbers. Why point-in-time?