Flagship explainer

How CLEARFIELD, INC. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$150M · 100%Cost of revenue$99.6M · 66%Gross profit$50.5M · 34%Operating income$2.1M · 1%Income before tax$8.7M · 6%Income tax$2.4M · 2%Net income−$8.1M · −5%As of 2025-09-30 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$150M100%
Cost of revenue$99.6M66%
$50.5M34%
$2.1M1%
Income before tax$8.7M6%
Income tax$2.4M2%
−$8.1M−5%
Source: · event Sep 30, 2025 · retrieved Jul 26, 2026 · annual-row source set
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