Clearfield, Inc. (CLFD)

Nasdaq: CLFD · Telephone & Telegraph Apparatus · Brooklyn Park, MN · filing with the SEC since 1995

Grade5.1

◀ Past 5.6● Present 5.4▶ Future 4.2

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in September.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019	Sep 30, 2018	Sep 30, 2017	Sep 30, 2016
Report filed	Nov 25, 2025	Nov 15, 2024	Nov 29, 2023	Nov 23, 2022	Nov 10, 2021	Nov 12, 2020	Nov 15, 2019	Nov 14, 2018	Nov 15, 2017	·
Revenue	150,134,000	125,568,000^r	225,722,000^r	270,883,000	140,755,000^r	93,075,000^r	85,034,182	77,651,354	73,947,619	75,287,726
For insurers
Net investment income	·	7,472,000	5,206,000	328,000	·	·	·	·	·	·
Cost of revenue	99,597,000	99,721,000^r	145,865,000^r	157,936,000	79,578,000^r	55,160,000^r	52,345,059	46,654,570	43,683,360	42,417,478
Gross profit	50,537,000	25,847,000^r	79,857,000^r	112,947,000	61,177,000^r	37,915,000^r	32,689,123	30,996,784	30,264,259	32,870,248
Research and development	2,422,000	3,000,000	3,115,000	895,000	243,000^r	1,267,000^r	1,089,637	787,364	865,568	838,122
Selling, general and administrative	48,419,000	45,081,000^r	42,280,000^r	49,130,000	35,943,000^r	29,531,000^r	27,500,989	25,925,933	24,952,376	22,138,556
Operating income	2,118,000	-19,234,000^r	37,577,000^r	63,817,000	25,234,000^r	8,384,000	5,188,134	5,070,851	5,311,883	10,731,692
Interest expense	·	506,000	881,000	311,000	·	·	·	·	·	·
Interest and investment income	6,549,000	7,472,000	5,199,000^r	328,000	500,000^r	771,000^r	738,459	457,101	273,930	157,402
Income before income taxes	8,667,000	-11,762,000^r	42,606,000^r	63,834,000	25,734,000^r	9,155,000^r	5,926,593	5,527,952	5,585,813	10,889,094
Income tax expense	2,357,000	-3,248,000^r	8,883,000^r	14,472,000	5,407,000^r	1,862,000^r	1,360,437	1,253,405	1,737,974	2,876,032
Income from continuing operations	6,310,000	-8,514,000	33,723,000	·	·	·	·	·	·	·
Net income	-8,050,000	-12,453,000	32,533,000	49,362,000	20,327,000^r	7,293,000^r	4,566,156	4,274,547	3,847,839	8,013,062
Earnings per share, basic	-0.58	-0.85	2.17	3.58	1.48	0.53	0.34	0.32	0.28	0.60
Earnings per share, diluted	-0.58	-0.85	2.17	3.55	1.47	0.53	0.34	0.32	0.28	0.59
Weighted average shares, basic	13,989,489	14,582,450	14,975,972	13,771,665	13,720,699	13,643,355	13,442,871	13,429,232	13,532,375	13,372,579
Weighted average shares, diluted	13,989,489	14,582,450	15,012,527	13,905,984	13,784,294^r	13,643,355	13,451,214	13,452,860	13,660,806	13,663,349

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:Revenues
us-gaap:SalesRevenueNet

Net investment income what its investments earnedus-gaap:NetInvestmentIncome

Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense

Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing costus-gaap:InterestExpense

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest

Income before income taxes profit before tax

us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton CLFD · research, not advice