Clearfield, Inc.
For the period ended Sep 30, 2025. Filed Nov 25, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Nov 25, 2025
CLFD$30.55+6.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Earnings
| CONSOLIDATED STATEMENTS OF EARNINGS | |||
|---|---|---|---|
| (IN THOUSANDS, EXCEPT PER SHARE DATA) | |||
| Year Ended | Year Ended | Year Ended | |
| September 30, | September 30, | September 30, | |
| 2025 | 2024 | 2023 | |
| Net sales | $150,134 | $125,568 | $225,722 |
| Cost of sales | 99,597 | 99,721 | 145,865 |
| Gross profit | 50,537 | 25,847 | 79,857 |
| Operating expenses | |||
| Selling, general and administrative | 48,419 | 45,081 | 42,280 |
| Income (loss) from continuing operations | 2,118 | (19,234) | 37,577 |
| Net investment income | 6,549 | 7,472 | 5,199 |
| Interest expense | - | - | (170) |
| Income (loss) from continuing operations before income taxes | 8,667 | (11,762) | 42,606 |
| Income tax expense (benefit) | 2,357 | (3,248) | 8,883 |
| Income (loss) from continuing operations, net of tax | 6,310 | (8,514) | 33,723 |
| (Loss) from discontinued operations, net of tax | (3,947) | (3,939) | (1,190) |
| (Loss) from impairment of discontinued operations, net of tax | (10,413) | - | - |
| Net (loss) income | $(8,050) | $(12,453) | $32,533 |
| (Loss) earnings per share | |||
| Basic | |||
| Continuing operations | $0.45 | $(0.58) | $2.25 |
| Discontinued operations | (1.03) | (0.27) | (0.08) |
| Basic (loss) earnings per share | $(0.58) | $(0.85) | $2.17 |
| Diluted | |||
| Continuing operations | $0.45 | $(0.58) | $2.25 |
| Discontinued operations | (1.03) | (0.27) | (0.08) |
| Diluted (loss) earnings per share | $(0.58) | $(0.85) | $2.17 |
| Weighted average shares outstanding: | |||
| Basic | 13,989,489 | 14,582,450 | 14,975,972 |
| Diluted | 13,989,489 | 14,582,450 | 15,012,527 |
CLEARFIELD, INC.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.