Clearfield — Fiscal 2026 Earnings Summary

Clearfield, Inc. reported fiscal 2026 net sales of $151.9 million from continuing operations, with a gross margin of 32.0% and net income per diluted share of $0.16. The company's sales order backlog grew 75% to $43.3 million by the end of the fiscal year, driven by the commencement of shipments for a previously announced $22 million data center order. Looking ahead to fiscal 2027, Clearfield projects revenue between $195 million and $205 million, reflecting an anticipated 30% growth at the midpoint. Additionally, the company maintains a strong balance sheet with $157 million in cash and investments and no debt, while CEO Cheri Beranek has announced plans to retire in March 2027.