Clearfield Inc (CLFD) FinancialsCLFDClearfield Inc

Clearfield Inc (CLFD) generates its revenue primarily from Broadband service providers, which accounts for 100.0% of total sales, equivalent to $34.39M. Understanding this concentration is critical for investors evaluating how CLFD navigates market cycles within the Communications & Networking industry.

Evaluating the bottom line, Clearfield Inc maintains a gross margin of 30.30%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 4.37%, while the net margin is 6.84%. These profitability ratios, combined with a Return on Equity (ROE) of 1.56%, provide a clear picture of how effectively CLFD converts its operational activities into shareholder value.

In the context of the broader market, CLFD competes directly with industry leaders such as AUDC and BKTI. With a market capitalization of $396.11M, it holds a leading position in the sector. When comparing efficiency, CLFD's gross margin of 30.30% stands against AUDC's 65.70% and BKTI's 51.86%. Such benchmarking helps identify whether Clearfield Inc is trading at a premium or discount relative to its financial performance.

Clearfield reported a Q3 2026 net income of $3 million, with a gross margin of 30.30%. However, the company has faced challenges with rising costs and supply chain issues, leading to a downward revision of fiscal 2026 sales guidance to $151-$155 million.