Clearfield, Inc.
CLFDNasdaq
$30.64
↓ -0.9%Jul 17 close · end-of-day
Price
1Y↓ -28.5%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$418.9M
Enterprise Value
$327.8M
P/E
—
P/S
2.8
P/B
1.7
EV/EBITDA
72.7
PEG
—
FCF Yield
—
Dividend Yield
—
Revenue (TTM)
$148.5M
Net Income (TTM)
-$8.6M
Free Cash Flow (TTM)
—
Gross Margin
34.0%
Operating Margin
-0.9%
Net Margin
-5.8%
ROE
-3.5%
ROIC
-0.7%
Debt / Equity
—
Net Cash
$91.1M
Return 1Y
-29.0%
Company profile
Clearfield, Inc. manufactures, markets, and sells standard and custom passive connectivity products. The company offers FieldSmart, a series of panels, cabinets, wall boxes, and other enclosures. It also provides WaveSmart, which are optical components integrated for signal coupling, splitting, termination, multiplexing, demultiplexing and attenuation.
- CEO
- Cheryl P. Beranek
- Sector
- Manufacturing
- Industry
- Electronic Equipment
- Employees
- 1,130
- Headquarters
- Minnesota
- Website
- seeclearfield.com
Management & directors
- Beranek CherylChief Executive Officer
- Herzog Daniel RChief Financial Officer
- Hill John PChief Operating Officer
- Khemakhem AnisChief Commercial Officer
Roles derived from SEC Form 4 filings.
Earnings
CLFD Q2 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$34.4M↓ -15.3%
Diluted EPS-$0.04↓ -144.4%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $93.1M | $140.8M | $270.9M | $225.7M | $125.6M | $150.1M |
| Gross profit | $37.9M | $61.2M | $112.9M | $79.9M | $25.8M | $50.5M |
| 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 |
| Diluted EPS | $0.53 | $1.47 | $3.55 | $2.17 | -$0.85 | -$0.58 |
| Operating cash flow | $6.7M | $10.9M | $2.3M | $18.4M | $22.2M | — |
| Free cash flow | $4.8M | — | -$6.2M | $10.7M | $12.7M | — |
| Gross margin | 40.7% | 43.5% | 41.7% | 35.4% | 20.6% | 33.7% |
| Operating margin | 9.0% | 17.9% | 23.6% | 16.6% | -15.3% | 1.4% |
| Net margin | 7.8% | 14.4% | 18.2% | 14.4% | -9.9% | -5.4% |
| Line item | Q3 '24 | Q4 '24 | Q1 '24 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '25 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $48.8M | $5.6M | $29.7M | $40.6M | $49.9M | $29.9M | $34.3M | $34.4M |
| Gross profit | $10.7M | $7.6M | $8.7M | $14.0M | $15.2M | $12.7M | $11.4M | $11.2M |
| Operating income | -$2.3M | $975,000.00 | -$2.0M | $1.7M | $1.5M | $986,000.00 | -$1.8M | -$2.1M |
| Net income | -$447,000.00 | -$827,000.00 | -$1.9M | $1.3M | $1.6M | -$9.1M | -$614,000.00 | -$528,000.00 |
| Diluted EPS | -$0.04 | -$0.06 | -$0.13 | $0.09 | $0.11 | -$0.65 | -$0.04 | -$0.04 |
| Operating cash flow | $4.0M | $13.1M | $7.2M | $3.0M | $7.9M | — | — | — |
| Free cash flow | $2.8M | $9.1M | $5.1M | $654,000.00 | $7.5M | — | — | — |
| Gross margin | 21.9% | 135.3% | 29.2% | 34.4% | 30.5% | 42.3% | 33.2% | 32.5% |
| Operating margin | -4.7% | 17.3% | -6.9% | 4.1% | 3.0% | 3.3% | -5.3% | -6.0% |
| Net margin | -0.9% | -14.7% | -6.4% | 3.3% | 3.2% | -30.3% | -1.8% | -1.5% |
Company news
May 26, 2026
May 21, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-07-01 | Beranek Cheryl· Chief Executive Officer | Sale | 1,778 | $40.06 | $71,226.68 | filing |
| 2026-06-30 | HERZOG DANIEL R· Chief Financial Officer | Award | 752 | $24.78 | $18,634.56 | filing |
| 2026-06-30 | Hill John P· Chief Operating Officer | Award | 459 | $24.78 | $11,374.02 | filing |
| 2026-06-30 | Beranek Cheryl· Chief Executive Officer | Award | 210 | $24.78 | $5,203.80 | filing |
| 2026-06-30 | Khemakhem Anis· Chief Commercial Officer | Award | 158 | $24.78 | $3,915.24 | filing |
| 2026-06-09 | Khemakhem Anis· Chief Commercial Officer | Sale | 1,684 | $39.90 | $67,191.60 | filing |
| 2026-06-01 | Beranek Cheryl· Chief Executive Officer | Sale | 7,500 | $46.92 | $351,900.00 | filing |
| 2026-05-27 | Beranek Cheryl· Chief Executive Officer | Sale | 2,500 | $50.00 | $125,000.00 | filing |
| 2026-05-11 | Beranek Cheryl· Chief Executive Officer | Sale | 2,500 | $45.02 | $112,550.00 | filing |
| 2026-05-11 | Jones Walter Louis JR | Sale | 2,391 | $46.05 | $110,105.55 | filing |
| 2026-05-08 | Beranek Cheryl· Chief Executive Officer | Sale | 5,000 | $40.27 | $201,350.00 | filing |
| 2026-05-06 | Khemakhem Anis· Chief Commercial Officer | Tax withholding | 635 | $30.28 | $19,227.80 | filing |
| 2026-02-27 | Kelly Catherine T. | Award | 2,544 | $0.00 | $0.00 | filing |
| 2026-02-27 | Wirsbinski Carol Ann | Award | 2,544 | $0.00 | $0.00 | filing |
| 2026-02-27 | Jones Walter Louis JR | Award | 2,544 | $0.00 | $0.00 | filing |
| 2026-02-27 | Sarcevic Ademir | Award | 2,544 | $0.00 | $0.00 | filing |
| 2026-02-27 | SKARVAN KATHLEEN | Award | 2,544 | $0.00 | $0.00 | filing |
| 2026-02-27 | ROTH RONALD G | Award | 2,544 | $0.00 | $0.00 | filing |
| 2026-02-27 | Seidel Rebecca | Award | 2,544 | $0.00 | $0.00 | filing |
| 2026-02-19 | Hayward Donald R. | Sale | 3,595 | $32.00 | $115,040.00 | filing |
| 2025-12-31 | Hill John P· Chief Operating Officer | Award | 222 | $24.78 | $5,501.16 | filing |
| 2025-12-31 | Beranek Cheryl· Chief Executive Officer | Award | 210 | $24.78 | $5,203.80 | filing |
| 2025-12-31 | Khemakhem Anis· Chief Commercial Officer | Award | 131 | $24.78 | $3,246.18 | filing |
| 2025-12-31 | HERZOG DANIEL R· Chief Financial Officer | Award | 88 | $24.78 | $2,180.64 | filing |
| 2025-12-15 | ROTH RONALD G | Buy | 10,000 | $30.06 | $300,600.00 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.