EarningsQ2 2026 Earnings Report
DE:AP7 Q2 2026 EPS Results
Actual EPS-€0.04
Consensus EPS-€0.04
Beat/MissBeat by +<€0.01
One Year Ago EPS€0.08
DE:AP7 Q2 2026 Revenue Results
Actual Revenue€30.69M
Expected Revenue€29.96M
Beat/MissBeat by +€728.20K
YoY Revenue Growth-27.09%
Earnings Announcement Details
QuarterQ2 2026
Date05/06/2026
TimeAfter Close
Conference CallWednesday, May 6, 2026
DE:AP7 Upcoming Earnings
Clearfield's next earnings date is estimated for November 10, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
DE:AP7 Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a mixed picture: management delivered Q2 sales toward the high end of guidance, showed meaningful sequential backlog growth (+39%) and maintained a strong balance sheet ($147M cash, no debt) while continuing share repurchases. They also highlighted product momentum (NOVA) and a clear strategy to expand into adjacent edge and data center markets. Offsetting these positives are a 15% year-over-year revenue decline, a Q2 net loss (EPS down to -$0.04 from +$0.18 prior year), margin compression (gross margin down ~1.9 percentage points YoY), and significant uncertainty from BEAD funding delays that push meaningful program-related revenue into Fiscal 2027. Overall, the company appears well-capitalized and strategically positioned for longer-term growth, but near-term revenue and profitability are under pressure due to external program timing and supply/financing constraints.Company Guidance
Q2 Sales Met Guidance and Forward Revenue Guidance Raised
Net sales of $34.4M came in toward the high end of guidance ($32M–$35M). Management provided Q3 guidance of $42M–$46M and reiterated full-year Fiscal 2026 guidance of $160M–$170M (≈10% top-line growth at the midpoint).
Backlog Expansion and Strong Book-to-Bill
Backlog increased 39% sequentially from Q1, resulting in a book-to-bill ratio of 1.3 for the quarter, supporting expectations for stronger second-half execution.
Community Broadband Momentum
Year-to-date revenues in the Community Broadband market are up 5% versus the prior year, reflecting continued strength in the company's core market.
Healthy Liquidity and Share Repurchase
Ended the quarter with approximately $147M in cash, short-term and long-term investments and no debt. Repurchased 237,000 shares for $7.3M during the quarter.
Product and Market Development — NOVA and Edge Positioning
NOVA platform (announced last quarter) is scheduled to ship in H2. Hosted 'Fiber to the Future' event showcasing BABA-ready cable extrusion and edge-AI-ready solutions; management is building a pipeline in adjacent markets (data center/edge) to broaden future revenue.
Operational Planning and Expense Discipline
Operating expenses for Q3 are expected to remain relatively consistent with Q2; management reiterated operating expense as a percentage of revenue to remain consistent with Fiscal 2025 and provided EPS ranges for Q3 ($0.17–$0.21) and full year ($0.48–$0.62).
DE:AP7 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed