Clearfield, Inc. (CLFD) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Sales/Revenue | 34.39M | 34.34M | 17.59M | 49.9M | 47.17M | 29.7M | 46.77M | 48.79M | 36.91M | 34.23M | 49.69M | 61.28M | 71.81M | 85.94M | 95.03M | 71.25M | 53.49M | 51.11M | 45.24M | 38.74M |
| Revenue Growth % | -27.09% | 15.63% | -62.4% | 2.27% | 27.79% | -13.24% | -5.86% | -20.38% | -48.6% | -60.17% | -47.72% | -13.99% | 34.23% | 68.15% | 110.07% | 83.94% | 80.17% | 88.65% | 65.59% | 49.15% |
| Cost of Goods Sold | 23.23M | 22.95M | 4.66M | 34.67M | 32.98M | 21.02M | 36.1M | 38.1M | 34.08M | 29.53M | 37.69M | 42.21M | 48.25M | 55.29M | 57.52M | 41.94M | 30.33M | 28.14M | 25.51M | 21.6M |
| COGS % of Revenue | 67.55% | 66.84% | 26.48% | 69.47% | 69.91% | 70.79% | 77.19% | 78.09% | 92.33% | 86.28% | 75.86% | 68.88% | 67.19% | 64.34% | 60.53% | 58.87% | 56.7% | 55.05% | 56.39% | 55.76% |
| Gross Profit | 11.16M | 11.39M | 12.93M | 15.23M | 14.19M | 8.68M | 10.67M | 10.69M | 2.83M | 4.7M | 11.99M | 19.07M | 23.56M | 30.65M | 37.51M | 29.31M | 23.16M | 22.97M | 19.73M | 17.14M |
| Gross Margin % | 32.45% | 33.16% | 73.52% | 30.53% | 30.09% | 29.21% | 22.81% | 21.91% | 7.67% | 13.72% | 24.14% | 31.12% | 32.81% | 35.66% | 39.47% | 41.13% | 43.3% | 44.95% | 43.61% | 44.24% |
| Gross Profit Growth % | -21.36% | 31.27% | 21.2% | 42.48% | 401.13% | 84.69% | -11.06% | -43.94% | -87.98% | -84.67% | -68.02% | -34.92% | 1.72% | 33.42% | 90.1% | 71.01% | 78.99% | 102.05% | 75.45% | 58.83% |
| Operating Expenses | 13.23M | 13.21M | 8.6M | 13.74M | 13.93M | 10.72M | 13.68M | 13M | 12.57M | 12.86M | 10.28M | 13.45M | 11.51M | 12.76M | 15.25M | 12.72M | 11.23M | 9.92M | 10.36M | 9.44M |
| OpEx % of Revenue | 38.47% | 38.47% | 48.88% | 27.53% | 29.53% | 36.1% | 29.25% | 26.64% | 34.06% | 37.57% | 20.69% | 21.95% | 16.03% | 14.85% | 16.05% | 17.85% | 21% | 19.41% | 22.91% | 24.36% |
| Selling, General & Admin | 13.23M | 13.21M | 8.6M | 13.74M | 13.93M | 10.72M | 13.68M | 13M | 12.57M | 12.86M | 10.28M | 13.45M | 11.51M | 12.76M | 15.25M | 12.72M | 11.23M | 9.92M | 10.36M | 9.44M |
| SG&A % of Revenue | 38.47% | 38.47% | 48.88% | 27.53% | 29.53% | 36.1% | 29.25% | 26.64% | 34.06% | 37.57% | 20.69% | 21.95% | 16.03% | 14.85% | 16.05% | 17.85% | 21% | 19.41% | 22.91% | 24.36% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 895K | 0 | 0 | 0 | 1.24M | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | - | - | - | 2.75% | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -895K | 0 | 0 | 0 | -1000K | 0 |
| Operating Income | -2.07M | -1.82M | 4.33M | 1.5M | 262K | -2.05M | -3.01M | -2.31M | -9.74M | -8.16M | 1.72M | 5.63M | 12.05M | 17.89M | 22.25M | 16.59M | 11.93M | 13.05M | 9.37M | 7.7M |
| Operating Margin % | -6.02% | -5.31% | 24.64% | 3% | 0.56% | -6.89% | -6.44% | -4.73% | -26.39% | -23.84% | 3.45% | 9.18% | 16.79% | 20.82% | 23.41% | 23.28% | 22.3% | 25.53% | 20.71% | 19.88% |
| Operating Income Growth % | -889.69% | 10.85% | 243.84% | 164.87% | 102.69% | 74.93% | -275.58% | -141% | -180.8% | -145.62% | -92.29% | -66.09% | 1.04% | 37.1% | 137.55% | 115.35% | 168.02% | 251.37% | 154.55% | 114.96% |
| EBITDA | -2.07M | -209K | 4.69M | 3.55M | 2.13M | -533K | -1.08M | -397K | -7.86M | -6.47M | 3.36M | 7.21M | 13.52M | 19.24M | 23.49M | 17.4M | 12.65M | 13.69M | 9.94M | 8.29M |
| EBITDA Margin % | -6.02% | -0.61% | 26.66% | 7.12% | 4.53% | -1.79% | -2.32% | -0.81% | -21.31% | -18.89% | 6.76% | 11.77% | 18.83% | 22.39% | 24.72% | 24.42% | 23.65% | 26.78% | 21.98% | 21.4% |
| EBITDA Growth % | -196.91% | 60.79% | 532.96% | 994.46% | 127.15% | 91.76% | -132.24% | -105.5% | -158.15% | -133.61% | -85.7% | -58.54% | 6.88% | 40.58% | 136.24% | 109.91% | 151.92% | 219.71% | 132.48% | 97.5% |
| D&A (Non-Cash Add-back) | 0 | 1.61M | 355K | 2.06M | 1.87M | 1.51M | 1.93M | 1.91M | 1.88M | 1.7M | 1.64M | 1.59M | 1.47M | 1.35M | 1.24M | 812K | 723K | 639K | 576.29K | 586.25K |
| EBIT | -2.07M | -278K | 6.24M | 3.08M | 1.85M | -2.05M | -1.19M | -571K | -7.89M | -6.09M | 1.72M | 5.63M | 12.05M | 17.89M | 22.25M | 16.63M | 12.05M | 13.05M | 9.37M | 7.7M |
| Net Interest Income | 0 | 0 | 0 | -106K | -69K | -100K | -125K | -153K | -102K | -126K | -330K | -195K | -112K | -243K | -267K | 43K | 121K | 120K | 121.86K | 121.21K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 44K | 43K | 121K | 120K | 121.86K | 121.21K |
| Interest Expense | 0 | 0 | 0 | 106K | 69K | 100K | 125K | 153K | 102K | 126K | 330K | 195K | 112K | 243K | 311K | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 1.36M | 1.55M | 1.9M | 1.48M | 1.52M | 1.74M | 1.69M | 1.58M | 1.75M | 1.94M | 1.55M | 1.44M | 1.28M | 60K | -267K | 43K | 121K | 120K | 121.86K | 121.21K |
| Pretax Income | -704K | -278K | 6.24M | 2.98M | 1.78M | -302K | -1.32M | -724K | -7.99M | -6.22M | 3.26M | 7.06M | 13.34M | 17.95M | 21.98M | 16.63M | 12.05M | 13.17M | 9.49M | 7.82M |
| Pretax Margin % | -2.05% | -0.81% | 35.47% | 5.97% | 3.78% | -1.02% | -2.82% | -1.48% | -21.66% | -18.17% | 6.57% | 11.52% | 18.57% | 20.89% | 23.13% | 23.34% | 22.53% | 25.77% | 20.98% | 20.2% |
| Income Tax | -176K | -1K | 956K | 1.37M | 455K | 53K | -492K | -277K | -2.08M | -951K | 568K | 1.84M | 2.97M | 3.69M | 4.99M | 3.88M | 2.82M | 2.78M | 2.06M | 1.73M |
| Effective Tax Rate % | 25% | 0.36% | 15.33% | 46.07% | 25.53% | -17.55% | 37.3% | 38.26% | 26.06% | 15.29% | 17.4% | 26.09% | 22.3% | 20.58% | 22.71% | 23.36% | 23.37% | 21.11% | 21.74% | 22.05% |
| Net Income | -528K | -614K | -9.08M | 1.61M | 1.33M | -1.91M | -827K | -447K | -5.91M | -5.27M | 2.7M | 5.22M | 10.36M | 14.26M | 16.99M | 12.74M | 9.24M | 10.39M | 7.43M | 6.1M |
| Net Margin % | -1.54% | -1.79% | -51.62% | 3.22% | 2.81% | -6.42% | -1.77% | -0.92% | -16.01% | -15.39% | 5.43% | 8.51% | 14.43% | 16.59% | 17.88% | 17.89% | 17.27% | 20.33% | 16.42% | 15.74% |
| Net Income Growth % | -139.79% | 67.79% | -997.7% | 459.28% | 122.45% | 63.82% | -130.68% | -108.57% | -157.03% | -136.96% | -84.13% | -59.06% | 12.21% | 37.21% | 128.8% | 109% | 153.75% | 228.41% | 143.52% | 103.64% |
| Net Income (Continuing) | -528K | -277K | 5.28M | 1.61M | 1.33M | -355K | -827K | -447K | -5.91M | -5.27M | 2.7M | 5.22M | 10.36M | 14.26M | 16.99M | 12.74M | 9.24M | 10.39M | 7.43M | 6.1M |
| Discontinued Operations | 0 | -337K | -1000K | 0 | 0 | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.04 | -0.04 | -0.65 | 0.12 | 0.09 | -0.13 | -0.06 | -0.03 | -0.40 | -0.35 | 0.18 | 0.34 | 0.68 | 1.00 | 1.22 | 0.92 | 0.66 | 0.75 | 0.53 | 0.44 |
| EPS Growth % | -142.51% | 65.92% | -1018.76% | 482.17% | 123.52% | 62.86% | -132.28% | -109.24% | -158.82% | -135% | -85.25% | -63.04% | 3.03% | 33.33% | 130.19% | 109.09% | 144.44% | 226.09% | 140.91% | 100% |
| EPS (Basic) | -0.04 | -0.04 | -0.65 | 0.12 | 0.09 | -0.13 | -0.06 | -0.03 | -0.40 | -0.35 | 0.18 | 0.34 | 0.68 | 1.01 | 1.23 | 0.93 | 0.67 | 0.76 | 0.54 | 0.44 |
| Diluted Shares Outstanding | 13.67M | 13.87M | 13.91M | 13.83M | 14.1M | 14.21M | 14.23M | 14.25M | 14.63M | 15.21M | 15.26M | 15.25M | 15.26M | 14.28M | 13.92M | 13.9M | 13.9M | 13.9M | 13.86M | 13.81M |
| Basic Shares Outstanding | 13.67M | 13.87M | 13.91M | 13.83M | 14.1M | 14.21M | 14.58M | 14.25M | 14.63M | 15.21M | 15.26M | 15.25M | 15.23M | 14.17M | 13.8M | 13.77M | 13.77M | 13.74M | 13.74M | 13.73M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |