Clear Secure, Inc.

Listed Company

YOUCIK 0001856314NYSELarge AcceleratedServices-Prepackaged SoftwareDelawareFY ends Dec 31

Period

FY 2025

Revenue

$900.78M

Net Income

$109.17M

Total Assets

$1.30B

Equity

$177.73M

Shares Out

87.76M

Op. Cash Flow

$372.45M

YOU$56.05+79.71% · past yearDBEQ Basic

Daily closing prices

Business

Clear Secure, Inc. is a secure identity platform company operating CLEAR+, a consumer travel subscription service enabling fast-track airport security access via biometric verification across 60 U.S. airports. The company also offers TSA PreCheck enrollment services, CLEAR Concierge premium travel assistance, and CLEAR1, a B2B identity verification solution serving healthcare, workforce, and government organizations. Clear distributes its platform through owned airport operations, retail partnerships, airline co-brands, and enterprise integrations, with 38 million total members across consumer and platform segments.

Summary from 10-K filed 2026-02-25

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Revenue	901	770	614	437	254
Cost of revenue share fee	128	108	89	56	37
Cost of direct salaries and benefits	193	173	143	105	68
Research and development	72	73	74	67	47
Sales and marketing	54	49	44	42	35
General and administrative	232	218	222	278	169
Depreciation and amortization	35	26	22	19	12
Operating income	186	123	20	−129	−115
Interest income, net	24	33	29	7	—
Other (expense) income, net	−5	−89	1	5	344,000
Income before tax	206	67	51	−117	−115
Income tax (expense) benefit	−38	159	−724,000	2	−233,000
Net income	168	225	50	−115	−115
Less: net income attributable to non-controlling interests	59	56	22	−50	−79
Net income attributable to Clear Secure, Inc.	109	170	28	−66	−36

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	86	67	58	39	280
Marketable securities	614	543	665	666	335
Accounts receivable	2	511,000	526,000	1	5
Prepaid revenue share fee	30	25	24	18	10
Prepaid expenses and other current assets	33	28	22	18	22
Total current assets	765	662	770	742	653
Property and equipment, net	59	57	63	58	45
Right of use asset, net	100	109	116	124	25
Intangible assets, net	3	15	21	22	23
Goodwill	63	63	63	59	60
Restricted cash	3	3	5	30	29
Other assets	311	285	8	3	3
Total assets	1,303	1,195	1,045	1,038	813
Accounts payable	7	18	12	8	9
Accrued liabilities	237	185	164	106	67
Deferred revenue	516	440	376	283	189
Total current liabilities	760	643	552	397	265
Other long term liabilities	339	314	124	129	9
Total liabilities	1,099	957	676	527	273
Commitments and contingencies (Note 18)	—	—	—	—	—
Accumulated other comprehensive income	840,000	343,000	2	−2	−103,000
Treasury stock at cost, 0 shares as of December 31, 2025 and 2024, respectively	0	0	0	0	—
Retained earnings	120	84	−74	−102	−36
Additional paid-in capital	57	114	305	394	314
Total stockholders equity attributable to Clear Secure, Inc.	178	198	233	291	278
Non-controlling interest	27	40	136	220	262
Total stockholders equity	204	238	369	511	539
Total liabilities and stockholders equity	1,303	1,195	1,045	1,038	813

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Depreciation on property and equipment	24	22	18	16	12
Amortization on intangible assets	11	5	3	3	—
Noncash lease expense	6	7	6	4	0
Impairment of assets	362,000	723,000	5	—	—
Impairment of strategic investment	5	0	0	—	—
Equity-based compensation	39	35	37	138	37
Deferred income tax expense (benefit)	24	−166	−722,000	−2	0
Amortization of revolver loan costs	132,000	202,000	339,000	440,000	358,000
Gain on divestiture of a business	−635,000	0	0	—	—
Premium amortization (discount accretion) on marketable securities	−1	−7	−14	−3	675,000
Accounts receivable	−2	15,000	643,000	4	−4
Prepaid expenses and other assets	−4	−7	−3	991,000	−11
Prepaid revenue share fee	−5	−250,000	−7	−7	−5
Accounts payable	−6	2	5	−752,000	1
Accrued and other long term liabilities	46	121	34	35	50
Deferred revenue	76	64	93	95	87
Operating lease liabilities	−9	−6	−3	−2	0
Net cash provided by operating activities	372	296	225	168	70
Business combinations, net of cash acquired	0	0	−4	0	−76
Purchases of marketable securities	−747	−971	−953	−1,463	−988
Proceeds from sales and maturities of marketable securities	677	1,098	973	1,135	690
Proceeds from divestiture	3	0	0	—	—
Purchase of strategic investment	−514,000	−1	−6	0	0
Purchases of property and equipment	−29	−12	−26	−31	−28
Purchases of intangible assets	0	−318,000	−580,000	−545,000	−822,000
Net cash (used in) provided by investing activities	−97	114	−16	−360	−403
Repurchase of Class A Common Stock	−126	−273	−70	−5	−12
Payment of dividend	−48	−39	−14	0	0
Payment of special dividend	−25	−29	−68	−22	0
Distributions to members	−19	−25	−43	−16	0
Tax distribution to members	−26	−25	−14	−171,000	−4
Deferred consideration payment	0	−1	0	0	−718,000
Payment of taxes on net settled stock-based awards	−13	−9	−7	−5	0
Other financing activities	−334,000	0	−396,000	−297,000	—
Net cash used in financing activities	−257	−402	−216	−49	503
Net increase (decrease) in cash, cash equivalents, and restricted cash	18	8	−6	−240	170
Exchange rate effect on cash and cash equivalents, and restricted cash	127,000	40,000	−1,000	−85,000	133,000

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro

Frequently asked questions

What is Clear Secure, Inc.'s CIK number?

Clear Secure, Inc.'s SEC CIK number is 0001856314 (1856314). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find Clear Secure, Inc.'s SEC filings?

All of Clear Secure, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did Clear Secure, Inc. last report earnings?

Clear Secure, Inc. (YOU) most recently filed an earnings 8-K with the SEC on May 6, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001856314-26-000013). This is Clear Secure, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.

What is Clear Secure, Inc.'s most recent earnings 8-K?

Clear Secure, Inc.'s latest earnings 8-K (Item 2.02) was filed May 6, 2026 under accession 0001856314-26-000013. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View Clear Secure, Inc.'s latest earnings 8-K →
Look up any company's CIK number →