CLFD · XBRL financial data

Clearfield financial statements, every fiscal year

The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (CLFD's year ends in late September)

In thousands of dollars	FY 2020Sep 30, 2020	FY 2021Sep 30, 2021	FY 2022Sep 30, 2022	FY 2023Sep 30, 2023	FY 2024Sep 30, 2024	FY 2025Sep 30, 2025
Revenue from contracts with customers	93,075	140,755	270,883	268,720	166,705	150,134
Cost of revenue	55,160	79,578	157,936	183,441	137,816	99,597
Gross profit	37,914	61,178	112,947	85,279	28,889	50,537
Research and development	1,270	1,243	895	3,115	3,000	2,422
Selling, general and administrative	29,530	35,944	49,130	47,992	52,111	48,419
Operating income (loss)	8,384	25,234	63,817	37,287	(23,222)	2,118
Interest income	771	500	328	5,206	7,472	6,549
Interest expense	—	—	311	881	506	—
Income tax expense (benefit)	1,862	5,407	14,472	9,079	(3,803)	2,357
Net income (loss)	7,293	20,327	49,362	32,533	(12,453)	(8,050)
Earnings per share, basic USD per share	0.53	1.48	3.58	2.17	(0.85)	(0.58)
Earnings per share, diluted USD per share	0.53	1.47	3.55	2.17	(0.85)	(0.58)
Weighted average shares, basic thousands of shares	13,643	13,721	13,772	14,976	14,582	13,989
Weighted average shares, diluted thousands of shares	13,643	13,784	13,906	15,013	14,582	13,989

Fiscal years (CLFD's year ends in late September)

In thousands of dollars	FY 2020Sep 30, 2020	FY 2021Sep 30, 2021	FY 2022Sep 30, 2022	FY 2023Sep 30, 2023	FY 2024Sep 30, 2024	FY 2025Sep 30, 2025
Cash and cash equivalents	16,450	13,216	16,650	37,827	16,167	21,493
Short-term investments	10,583	10,374	5,802	130,286	114,825	84,484
Accounts receivable	10,497	19,438	53,704	28,392	21,309	17,991
Inventory	14,409	27,524	82,208	98,055	66,766	42,031
Total current assets	52,523	71,506	160,122	296,255	229,595	198,488
Property and equipment, net	5,110	4,998	18,229	21,527	23,953	9,682
Right-of-use asset	2,539	2,305	13,256	13,861	15,797	8,420
Goodwill	4,709	4,709	6,402	6,528	6,627	4,709
Total assets	95,297	125,911	229,128	355,517	315,275	306,173
Accounts payable	3,690	9,215	24,118	8,891	6,720	7,028
Accrued liabilities	1,203	1,613	6,181	2,404	4,378	2,197
Current portion of long-term debt	—	—	—	—	0	—
Total current liabilities	10,415	20,471	51,694	29,004	24,352	36,603
Long-term debt	—	—	—	—	2,228	—
Lease liability, non-current	2,129	1,615	10,412	10,629	12,771	5,934
Total liabilities	12,544	22,087	81,546	40,354	39,512	50,010
Retained earnings	25,114	45,441	94,803	127,336	114,962	106,912
Total stockholders' equity	82,753	103,824	147,582	315,163	275,763	256,163
Total liabilities and equity	95,297	125,911	229,128	355,517	315,275	306,173
Common shares outstanding (cover page) thousands of shares	13,650	13,732	13,818	15,255	14,289	13,839

Fiscal years (CLFD's year ends in late September)

In thousands of dollars	FY 2020Sep 30, 2020	FY 2021Sep 30, 2021	FY 2022Sep 30, 2022	FY 2023Sep 30, 2023	FY 2024Sep 30, 2024	FY 2025Sep 30, 2025
Net income (loss)	7,293	20,327	49,362	32,533	(12,453)	(8,050)
Stock-based compensation	774	1,280	2,339	3,578	4,641	4,597
Depreciation and amortization	2,422	2,302	3,413	6,054	7,411	6,121
Net cash from operating activities	6,656	10,903	1,001	20,010	22,223	—
Purchases of property and equipment	1,806	—	8,500	7,684	9,567	—
Net cash from investing activities	(41)	(13,600)	(8,197)	(112,247)	(6,896)	—
Proceeds from issuing common stock	349	384	544	130,262	0	0
Share repurchases	429	0	0	0	33,374	16,653
Repayments of long-term debt	—	—	0	16,700	2,171	0
Net cash from financing activities	(247)	(536)	10,655	113,416	(36,906)	—
Net change in cash	6,368	(3,233)	3,434	21,177	(21,660)	6,268

SIC 3661 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3661 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Clearfield	20,449	43,864	not reported	13.6M	—	Q3 FY26 10-QJun 30, 2026
Ondas	657,906	83,772	(86,081)*	570.6M	16.1 quarters	Q2 FY26 10-QJun 30, 2026
Aviat Networks	72,844	not reported	3,086*	12.8M	—	Q4 FY26 10-KJul 3, 2026
Turtle Beach	19,565	56,365	6,492*	17.9M	—	Q2 FY26 10-QJun 30, 2026
Unusual Machines	229,599	16,722	(21,479)*	50.0M	10.7 quarters	Q2 FY26 10-QJun 30, 2026
Vuzix	17,298	1,113	(6,597)*	84.4M	2.6 quarters	Q2 FY26 10-QJun 30, 2026
Harmonic	231,862	133,462	(57,950)*	109.1M	4.0 quarters	Q2 FY25 10-QJul 3, 2026
Powerfleet	32,824	110,793	8,443	134.2M	—	Q1 FY27 10-QJun 30, 2026
Satellogic	112,809	15,919	(8,630)*	not reported	13.1 quarters	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.