Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $75.3M | $73.9M | $77.7M | $85.0M | $93.1M | $141M | $271M | $226M | $126M | $150M |
| Revenue growth | — | -1.8% | 5.0% | 9.5% | 9.5% | 51.2% | 92.5% | -16.7% | -44.4% | 19.6% |
| Gross profit | $32.9M | $30.3M | $31.0M | $32.7M | $37.9M | $61.2M | $113M | $79.9M | $25.8M | $50.5M |
| Gross margin | 43.7% | 40.9% | 39.9% | 38.4% | 40.7% | 43.5% | 41.7% | 35.4% | 20.6% | 33.7% |
| Operating income | $10.7M | $5.31M | $5.07M | $5.19M | $8.38M | $25.2M | $63.8M | $37.6M | -$19.2M | $2.12M |
| Operating margin | 14.3% | 7.2% | 6.5% | 6.1% | 9.0% | 17.9% | 23.6% | 16.6% | -15.3% | 1.4% |
| Net income | $8.01M | $3.85M | $4.27M | $4.57M | $7.29M | $20.3M | $49.4M | $32.5M | -$12.5M | -$8.05M |
| Net margin | 10.6% | 5.2% | 5.5% | 5.4% | 7.8% | 14.4% | 18.2% | 14.4% | -9.9% | -5.4% |
| EPS (diluted) | $0.59 | $0.28 | $0.32 | $0.34 | $0.53 | $1.47 | $3.55 | $2.17 | -$0.85 | -$0.58 |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $11.6M | $6.30M | $4.55M | $14.7M | $6.66M | $10.9M | $2.26M | $24.6M | $17.8M | $26.6M |
| Capital expenditures | $1.55M | $2.02M | $1.19M | $2.51M | $1.81M | $2.05M | $9.15M | $7.44M | $7.99M | $4.74M |
| Free cash flow | $10.0M | $4.28M | $3.36M | $12.2M | $4.85M | $8.86M | -$6.89M | $17.2M | $9.79M | $21.8M |
| Share buybacks | $334K | $3.65M | $1.76M | — | $429K | $0.00 | $0.00 | $0.00 | $33.4M | $16.7M |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $28.0M | $18.5M | $8.55M | $10.1M | $16.4M | $13.2M | $16.6M | $37.8M | $14.1M | $21.5M |
| Total assets | $70.6M | $69.5M | $74.2M | $81.9M | $95.3M | $126M | $229M | $356M | $315M | $306M |
| Total liabilities | $8.00M | $4.97M | $5.35M | $6.96M | $12.5M | $22.1M | $81.5M | $40.4M | $39.5M | $50.0M |
| Long-term debt | — | — | — | — | — | $0.00 | — | — | — | — |
| Shareholders' equity | $62.6M | $64.5M | $68.9M | $74.9M | $82.8M | $104M | $148M | $315M | $276M | $256M |
| Retained earnings | $5.13M | $8.98M | $13.3M | $17.8M | $25.1M | $45.4M | $94.8M | $127M | $115M | $107M |
| Shares (wtd avg diluted) | 13.7M | 13.7M | 13.5M | 13.5M | 13.6M | 13.8M | 13.9M | 15.0M | 14.6M | 14.0M |
Every figure is extracted from Clearfield, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
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