Earnings ·
Clearfield reports FY26 net sales of $151.9M and raises FY27 revenue guidance to $195M-$205M
CLFDClearfield, Inc.
Clearfield reported fiscal 2026 full-year net sales from continuing operations of $151.9 million, a 1% increase year-over-year, with gross margin at 32.0%. Net income from continuing operations was $2.1 million, or $0.16 per diluted share, down from $6.3 million in the prior fiscal year. The company highlighted a significant milestone by beginning shipments against a previously announced $22 million data center order and noted that its sales order backlog increased 75% to $43.3 million as of September 30, 2026. Looking ahead, Clearfield provided full-year fiscal 2027 revenue guidance of $195 million to $205 million, representing approximately 30% growth at the midpoint. The company also announced that President and CEO Cheri Beranek plans to retire effective March 31, 2027. Clearfield designs, manufactures, and distributes fiber optic management, protection, and delivery solutions for telecom, data center, and network infrastructure environments.