Every 10-Q that Clearfield (CLFD) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow CLFD and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CLFD filings page.
Clearfield, Inc. reported net sales of $43,864,000 for the quarter ended June 30, 2026, up from $38,755,000 a year earlier, driven by stronger demand from Community Broadband, Large Regional Service Providers and National Carriers. Income from continuing operations was $3,000,000, or $0.22 per share, compared with $2,328,000, or $0.16 per share.
Gross profit was $13,944,000 and gross margin declined to 31.8% of sales from 35.3%, reflecting $2,560,000 of excess and obsolete inventory charges on a customer order the company no longer expects to fulfill, partly offset by $1,407,000 of recoveries and $655,000 of tariff refunds. Order backlog fell to $20,988,000, 34% below March 31, 2026 and 32% below June 30, 2025.
For the nine months, net sales were $112,596,000 and income from continuing operations was $2,195,000, or $0.16 per share, down from $4,522,000 a year earlier. Cash, cash equivalents and investments totaled $155,119,000 at June 30, 2026, with no borrowings under a $40,000,000 revolving credit facility, and the company repurchased $13,494,000 of common stock.
Clearfield, Inc. reports lower sales and a small loss for the quarter and first half of fiscal 2026 as broadband customers moderate spending. For the quarter ended March 31, 2026, net sales were $34.4 million, down about 15% from $40.6 million a year earlier, and the company posted a net loss from continuing operations of $0.5 million versus income of $2.5 million. Gross margin slipped to 32.5% as fixed manufacturing costs were spread over fewer sales, while selling, general and administrative expenses rose 8% on higher compensation, software and stock-based pay.
For the first six months, revenue was $68.7 million, down about 2% from $70.3 million, with a modest net loss from continuing operations of $0.8 million compared with $2.2 million of income a year earlier. Clearfield ended March 31, 2026 with $147.1 million in cash, cash equivalents and investments, no debt drawn on its $40 million credit line, and shareholders’ equity of $242.8 million, highlighting a strong balance sheet despite near-term demand softness and the completed sale of its Nestor Cables business.
Clearfield, Inc. reported net sales of $34.3 million for the three months ended December 31, 2025, up about 16% from a year earlier, driven by stronger Community Broadband and international demand. Gross margin improved to 33.2%, helped by lower excess inventory charges.
The company still posted a net loss of $0.6 million (loss of $0.04 per share), narrowing from a $1.9 million loss a year ago. Continuing operations lost $0.3 million, while discontinued Nestor Cables operations lost $0.3 million after their sale closed on November 11, 2025.
Clearfield ended the period with $156.7 million in cash, cash equivalents and investments and no borrowings on its $40 million credit line. Order backlog was $22.8 million, slightly below both the prior quarter and prior year, reflecting seasonality and faster lead times. The company repurchased $5.3 million of stock and remains exposed to customer concentration, with its two largest distributors accounting for about 31% of quarterly sales.