Filing Flows › Clearfield (CLFD) › Q4 FY25
Clearfield (CLFD) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Nov 25, 2025
Clearfield (CLFD) reported revenue of $17.6M for the fourth quarter fiscal 2025 (Q4 FY25), +212% from a year earlier and -65% from the quarter before. Operating margin was 24.6%, net loss $9.1M (51.6% of revenue).
Clearfield, Q4 FY25: revenue $17.6M (+212% year over year), operating margin 24.6%, net loss $9.1M, operating cash flow $4.1M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $17.6M | -65% | +212% |
| Operating profit | $4.3M | +184% | — |
| Net earnings | −$9.1M | -665% | — |
| Operating cash flow | $4.1M | -48% | -68% |
What changed
Revenue was $17.6M in Q4 FY25, up 212% year over year and down 65% from the previous quarter.
Gross margin was 80.9%. Operating profit was $4.3M, a 24.6% margin (up 7.3 points year over year). Of the extra revenue versus Q4 FY24, 28% reached operating profit, above the 17% margin then. The quarter ended with a net loss of $9.1M, after a profit of $1.6M the previous quarter. Net interest and other expense of $12.5M was the main reason.
Operating cash flow was $4.1M (down 68% year over year). Non-cash charges added back $355K of depreciation and amortization and $852K of share-based compensation. Working capital and other items added $12.0M. Capital expenditures of −$478K left free cash flow of $4.6M.
Questions
What was Clearfield's revenue in the fourth quarter fiscal 2025?
Clearfield (CLFD) reported revenue of $17.6M for the fourth quarter fiscal 2025 (Q4 FY25), +212% from a year earlier and -65% from the quarter before.
Was Clearfield profitable in the fourth quarter fiscal 2025?
Operating profit was $4.3M (24.6% of revenue) and net loss $9.1M.
Source: Clearfield 10-K on SEC EDGAR.