Clarus Corporation (CLAR) — RQD Stock Rating Cockpit

Per the Roarable RQD rating, CLAR scores 36 out of 100, a letter grade of D-, with the verdict "Roarable Sell — Vulnerable Balance Sheet & Flow." The five pillars are: Fundamental Cash Engine at 5/20 (ROIC -29.5%; FCF yield -5.76%), Whale 13F Flow at 14/20 (institutional accumulation and options positioning), Insider Conviction at 3/20 (SEC Form 4 and Congressional PTR cluster flow), Macro Regime Fit at 7/20 (Beta 1.0; sector sensitivity), and Forensic Balance Sheet at 7/20 (Altman Z 0.23; Piotroski F 3/9; Debt/Equity 0.5). The weakest pillars are the cash engine and insider conviction, which together indicate that the business is not currently generating returns on capital or cash flow, and that insider activity is not supportive. The strongest relative pillar is institutional flow, which is the main upside-leaning input in the rating. For a prospective investor, the rating implies that any thesis would rest primarily on a recovery in operating economics and balance-sheet repair rather than on current fundamentals. Valuation tradeoffs are difficult to assess because forward P/E, EV/EBITDA, and EPS are not available in source data, so the investor cannot benchmark the $4.49 price against earnings or cash-flow multiples from this dataset.

Clarus Corporation (CLAR) is a NASDAQ-listed issuer classified under the Consumer Discretionary sector and the Recreational Games/Products/Toys industry, per the profile. Per the SEC financials, the company reported revenue of $250.4M for FY 2025. Not available in source data regarding specific products, customer base, or revenue model.

Per the market data, gross margin is 33.1%, operating margin is -23.8%, and net margin is 0%, with ROIC at -29.5%. Per the Roarable RQD rating, the Altman Z-Score is 0.23 and the Piotroski F-Score is 3/9, both signaling financial stress. Revenue declined across the three reported periods, from $286.0M to $264.3M to $250.4M, and operating losses persisted in each year shown. Per the Roarable RQD rating, Debt/Equity is 0.5, but debt figures are not available in source data for the reported periods, so balance-sheet leverage cannot be fully assessed.

Per the recent news and catalysts section, the key near-term event is a scheduled Third Quarter 2026 conference call on Thursday, November 5, 2026, at 5:00 p.m. ET. A TradingView item cites a Q3'26 revenue estimate of 66.84M USD. A MarketBeat item notes the shares climbed 1.8%. A Quiver Quantitative item notes a lobbying disclosure of $130,000 attributed to KANE KESSLER P.C. on behalf of Clarus Corporation. A Simply Wall St item categorizes the stock among penny stocks with market caps under $200M. All news items are rated YELLOW and classified as MARKET WIRE. Per the Butterfly Supply-Chain Graph, the supply chain is listed as NONE, with no butterfly links and no proprietary signals.

• What is the composition of the FY 2025 operating loss of $-59.7M, and what drives the gap between operating income and reported net income of $-0.0M?
• What are the total debt and cash positions for each reporting period, given that debt is listed as N/A throughout the financials?
• What EPS and forward earnings expectations exist to support valuation, given that P/E, forward P/E, and EPS are unavailable?
• What is the Q3'26 consensus revenue expectation, and how does the 66.84M USD estimate compare with reported results once published?
• What products and customer channels generate the company's revenue, and what portion is exposed to the consumer discretionary cycle?