Increase in Net Sales
Fourth quarter net sales from Clearfield's continuing operations were $41.1 million, up 13% year over year. For the full fiscal year, net sales grew 20% to $150 million.
Improved Gross Margin
Gross margin improved from 26.6% to 34.6% in the fourth quarter, driven by better manufacturing efficiencies and overhead absorption with higher volume.
Positive Net Income from Continuing Operations
Net income per share from continuing operations was 13¢ in 2025, compared to a loss of 1¢ per share in the comparable period last year.
Strong Cash Position
Clearfield ended the quarter with approximately $166 million in cash and investments, up from $153 million in the prior year.
Introduction of New Product Lines
Clearfield plans to introduce a complete line of splice cases and a next-generation fiber management cassette, targeting non-hyperscale data centers in 2026.