Company / R&D Expense
Clearfield, Inc. R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$2.4M
FY2025
5-year range
$243.0K / $3.1M
FY2021-FY2025
Trend
-19.3%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
R&D Expense has fluctuated over the past 10 years, ranging from $243,000 in FY2021 to $3M in FY2023.
Based on SEC 10-K filings.
$2M in FY2025 with a 5-year CAGR of +13.8%.
Declined from $3M to $2M over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +39.4%
- 5-Year CAGR
- +13.8%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of +13.8%, indicating consistent growth.
- In FY2025, r&d expense decreased 19.3% year-over-year.
- Peak r&d expense was recorded in FY2023.
- Lowest r&d expense in the period was in FY2021.
Company context
Key Data Points
- Altman Z-Score 3.34 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $2.4M | -19.3% |
| FY2024 | $3.0M | -3.7% |
| FY2023 | $3.1M | +248.0% |
| FY2022 | $895.0K | +268.3% |
| FY2021 | $243.0K | -80.8% |
| FY2020 | $1.3M | +16.3% |
| FY2019 | $1.1M | +38.4% |
| FY2018 | $787.4K | -9.0% |
| FY2017 | $865.6K | +23.0% |
| FY2016 | $703.7K | - |
As of FY2025 · SEC 10-K · Updated Jun 24, 2026