CLEARFIELD, INC.
Profit History
| Fiscal Year | Revenue | Operating Income | Net Income |
|---|---|---|---|
| FY2021 | $140.8M | $25.2M | $20.3M |
| FY2022 | $270.9M | $63.8M | $49.4M |
| FY2023 | $225.7M | $37.6M | $32.5M |
| FY2024 | $125.6M | $-19.2M | $-12.5M |
| FY2025 | $150.1M | $2.1M | $-8.1M |
Obvious prospects for physical growth in a business do not translate into obvious profits for investors.