CLFD

Clearfield, Inc. Information Technology Telephone & Telegraph Apparatus Russell 3000
$32.03Close $443.3MMarket cap $27.23 – $34.0152-week range Nov 10, 2026Next report · after the close

Highlights

Strengths

  • Earnings growing EPS +90% year on year

Cautions

  • Results soon Nov 10, 2026, in 9 days

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Sep 30, 2025 · filed Aug 6, 2026
Off 12-month high 6%
1wk up 15.6% price change
1mo up 2.9% price change
12-month return up 11% total, dividends included
F-score 7 / 9 Strong
Altman Z 6.95 Low risk
P/E — price / earnings
PEG — P/E / EPS growth
P/B 1.7× price / book
Earnings yield up 0.5% EBIT / enterprise value
Cheaper than 56% of the market · around average
Revenue growth up 20% year on year
EPS growth up 90% latest quarter
Sales growth up 13% latest quarter
ROE down 3% return on equity
Free cash margin up 15% $21.8M FCF
D/E — long-term debt / equity
Net debt / EBITDA -2.6× net cash
Interest cover —EBIT / interest
Piotroski tests
  • not yet profitable on its assets
  • short-term liquidity weakened
  • generating cash from operations
  • profitability improving
  • profits backed by cash
  • reduced long-term debt
  • no new shares issued
  • gross margin widened
  • assets working harder

Repair signals

  • Gross margin 20.6% → 33.7%
  • Revenue reaccelerating (-44% then +20%)

Trade setup

ATR% 4.7% $1.49 a day · 2×ATR $29.04
RS — vs the universe
Trend — trend template
Relative volume 0.8× vs 50-day average
Up/down volume 1.06 50 sessions
Implied move — no option chain · report Nov 10, 2026

Screen verdict

Did not qualify for any screen.

Warning signs

none flagged
  • No restatement or impairment
  • Equity positive
  • Interest covered
  • No material dilution
  • Profits tracking cash
  • Margins and revenue not shrinking
Last reported Aug 5, 2026

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $150.1M +20% on FY2024
$0 $500M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $93.1M FY2021 · $140.8M FY2022 · $270.9M FY2023 · $225.7M FY2024 · $125.6M FY2025 · $150.1M
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology -$8.1M
-$20M $0 $50M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $7.3M FY2021 · $20.3M FY2022 · $49.4M FY2023 · $32.5M FY2024 · -$12.5M FY2025 · -$8.1M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $21.8M +72% on FY2024
-$10M $0 $25M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $4.8M FY2021 · $8.9M FY2022 · -$6.2M FY2023 · $10.7M FY2024 · $12.7M FY2025 · $21.8M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 34%
  • Net -5%
  • Free cash 15%
-10% 0% 50% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Gross 41% · Net 8% · Free cash 5% FY2021 · Gross 43% · Net 14% · Free cash 6% FY2022 · Gross 42% · Net 18% · Free cash -2% FY2023 · Gross 35% · Net 14% · Free cash 5% FY2024 · Gross 21% · Net -10% · Free cash 10% FY2025 · Gross 34% · Net -5% · Free cash 15%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology
  • Cash
  • Long-term debt
$0 $50M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $16.4M FY2021 · Cash $13.2M · Long-term debt $0 FY2022 · Cash $16.6M · Long-term debt $18.7M FY2023 · Cash $37.8M · Long-term debt $0 FY2024 · Cash $14.1M · Long-term debt $2.2M FY2025 · Cash $21.5M
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 13.84m +1.4% since FY2020
15.25m 13.65m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 13.65m FY2021 · 13.73m FY2022 · 13.82m FY2023 · 15.25m FY2024 · 14.23m FY2025 · 13.84m
  FY2020Sep 30, 2020 FY2021Sep 30, 2021 FY2022Sep 30, 2022 FY2023Sep 30, 2023 FY2024Sep 30, 2024 FY2025Sep 30, 2025
Revenue $93.1M $140.8M $270.9M $225.7M $125.6M $150.1M
Gross margin 41% 43% 42% 35% 21% 34%
Operating income $8.4M $25.2M $63.8M $37.6M -$19.2M $2.1M
Net income $7.3M $20.3M $49.4M $32.5M -$12.5M -$8.1M
Net margin 8% 14% 18% 14% -10% -5%
Earnings per share $0.53 $1.47 $3.55 $2.17 -$0.85 -$0.58
Free cash flow $4.8M $8.9M -$6.2M $10.7M $12.7M $21.8M
Free cash margin 5% 6% -2% 5% 10% 15%
Cash $16.4M $13.2M $16.6M $37.8M $14.1M $21.5M
Long-term debt — $0 $18.7M $0 $2.2M —
Shareholders' equity $82.8M $103.8M $147.6M $315.2M $275.8M $256.2M
Shares outstanding 13.65m 13.73m 13.82m 15.25m 14.23m 13.84m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 6, 2026 Quarterly ↗ Jun 30, 2026 37d
May 7, 2026 Quarterly ↗ Mar 31, 2026 37d
Feb 9, 2026 Quarterly ↗ Dec 31, 2025 40d
Nov 25, 2025 Annual ↗ Sep 30, 2025 56d
Aug 7, 2025 Quarterly ↗ Jun 30, 2025 38d
May 9, 2025 Quarterly ↗ Mar 31, 2025 39d
Feb 7, 2025 Quarterly ↗ Dec 31, 2024 38d
Nov 15, 2024 Annual ↗ Sep 30, 2024 46d
Aug 6, 2024 Quarterly ↗ Jun 30, 2024 37d
May 7, 2024 Quarterly ↗ Mar 31, 2024 37d
Feb 5, 2024 Quarterly ↗ Dec 31, 2023 36d
Nov 29, 2023 Annual ↗ Sep 30, 2023 60d

Current reports

FiledDisclosed
Oct 20, 2026 Director or officer change · Regulation FD ↗
Aug 5, 2026 Results ↗
Jul 28, 2026 Material agreement ↗
May 6, 2026 Results ↗
Apr 30, 2026 Material agreement ↗
Feb 27, 2026 Shareholder vote ↗
Feb 4, 2026 Results ↗
Dec 12, 2025 Charter or bylaws ↗
Nov 25, 2025 Results ↗
Nov 17, 2025 Material agreement ↗
Oct 29, 2025 Director or officer change ↗
Aug 6, 2025 Results ↗