Clearfield, Inc.

For the period ended Sep 30, 2025. Filed Nov 25, 2025.

About 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$30.19-1.2%Stored close · as of Nov 10, 2026

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Contents

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.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.