Clearfield, Inc. (CLFD) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
Loading revenue history...
CLFD Revenue Growth
CLFD Revenue Analysis (2014–2025)
As of May 6, 2026, Clearfield, Inc. (CLFD) generated trailing twelve-month (TTM) revenue of $149.0 million, reflecting slight decline in growth of -3.2% year-over-year. The most recent quarter (Q1 2026) recorded $34.3 million in revenue, up 95.3% sequentially.
Looking at the longer-term picture, CLFD's 5-year compound annual growth rate (CAGR) stands at +10.0%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $270.9 million in 2022.
When compared to Technology sector peers including CCOI (-6.7% YoY), ADTN (+18.8% YoY), and CALX (+28.4% YoY), CLFD has underperformed the peer group in terms of revenue growth. Compare CLFD vs CCOI →
CLFD Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| CLFDCurrent | $149M | -3.2% | +10.0% | 1.4% | |
 CCOI | $976M | -6.7% | +11.4% | -10.6% | |
 ADTN | $1.1B | +18.8% | +16.4% | -1.4% | |
 CALX | $1.0B | +28.4% | +13.1% | 2.1% | |
 COMM | $4.2B | +33.8% | -12.8% | 7.9% | |
 VIAV | $1.1B | +30.6% | -0.9% | 6.5% |
CLFD Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $150.1M | -9.9% | $50.5M | 33.7% | $2.1M | 1.4% |
| 2024 | $166.7M | -38.0% | $28.9M | 17.3% | $-23,222,000 | -13.9% |
| 2023 | $268.7M | -0.8% | $85.3M | 31.7% | $37.3M | 13.9% |
| 2022 | $270.9M | +92.4% | $112.9M | 41.7% | $63.8M | 23.6% |
| 2021 | $140.8M | +51.2% | $61.2M | 43.5% | $25.2M | 17.9% |
| 2020 | $93.1M | +9.5% | $37.9M | 40.7% | $8.4M | 9.0% |
| 2019 | $85.0M | +9.5% | $32.7M | 38.4% | $5.2M | 6.1% |
| 2018 | $77.7M | +5.0% | $31.0M | 39.9% | $5.1M | 6.5% |
| 2017 | $73.9M | -1.8% | $30.3M | 40.9% | $5.3M | 7.2% |
| 2016 | $75.3M | +24.8% | $32.9M | 43.7% | $10.7M | 14.3% |
See CLFD's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs CLFD Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare CLFD vs NVDA
Side-by-side business, growth, and profitability comparison vs NVIDIA Corporation.
Start ComparisonCLFD — Frequently Asked Questions
Quick answers to the most common questions about buying CLFD stock.
Is CLFD's revenue growth accelerating or slowing?
CLFD revenue growth slowed to -3.2%, below the 5-year CAGR of +10.0%. TTM revenue is $149M. The deceleration marks a shift from historical growth rates.
What is CLFD's long-term revenue growth rate?
Clearfield, Inc.'s 5-year revenue CAGR of +10.0% reflects the variable expansion pattern. Current YoY growth of -3.2% is near this long-term average.
How is CLFD's revenue distributed by segment?
CLFD reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.