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Company Description
Clear Secure, Inc. provides a member-centric secure identity platform in the United States. The company's secure identity platform is a multi-layered infrastructure consisting of front-end, including enrollment, verification, and linking. It also offers CLEAR Plus, a consumer aviation subscription service, which enables access to predictable entry lanes in airport security checkpoints, as well as access to broader network; and CLEAR app, a consumer-facing digital product that facilitates new user enrollment and member engagement from their mobile device. In addition, the company provides Reserve powered by CLEAR, a virtual queuing technology that provides users with the choice of how they queue either at home or on the move; and Atlas Certified, an automated solution to verify professional licenses and certification data across industries by communicating with certifying organizations for on-demand, current, and trusted data. The company was founded in 2010 and is headquartered in New York, New York.
Track Record
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | 900.78M | 770.49M | 613.58M | 437.43M | 253.95M | 230.80M | 192.28M |
| Net Income | 109.17M | 169.68M | 28.11M | (65.57M) | (36.08M) | (9.31M) | (54.22M) |
| EPS | 1.14 | 1.81 | 0.31 | -1.41 | -1.49 | -0.14 | -0.36 |
| Free Cash Flow | 343.11M | 283.67M | 198.90M | 136.40M | 40.74M | (29.26M) | 1.39M |
| FCF / Share | 3.60 | 3.02 | 2.20 | 1.66 | 0.53 | -0.45 | 0.01 |
| Operating CF | 372.45M | 295.68M | 225.03M | 168.31M | 69.71M | (12.34M) | 16.57M |
| Total Assets | 1.30B | 1.19B | 1.05B | 1.04B | 812.75M | 232.27M | 318.87M |
| Total Debt | 0 | 121.25M | 127.38M | 130.11M | 0 | 0 | 0 |
| Cash & Equiv | 85.73M | 66.89M | 57.90M | 38.94M | 280.11M | 116.23M | 213.88M |
| Book Value | 177.73M | 198.35M | 233.33M | 291.06M | 277.61M | 82.36M | 151.90M |
| Return on Equity | 0.61 | 0.86 | 0.12 | -0.23 | -0.13 | -0.11 | -0.36 |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 253.00M | 240.75M | 229.19M | 219.47M | 211.37M | 206.27M | 198.42M | 186.75M | 179.05M | 170.97M | 160.39M | 149.87M |
| Net Income | 38.80M | 30.76M | 28.28M | 24.72M | 25.41M | 103.29M | 23.46M | 24.12M | 18.81M | 13.97M | 15.35M | 4.01M |
| EPS | 0.39 | 0.33 | 0.29 | 0.26 | 0.26 | 1.11 | 0.25 | 0.26 | 0.20 | 0.15 | 0.17 | 0.09 |
| Free Cash Flow | 185.48M | 187.40M | (53.47M) | 117.92M | 91.26M | 133.86M | (37.91M) | 110.04M | 77.36M | 89.95M | (8.94M) | 66.55M |
| FCF / Share | 1.87 | 1.96 | -0.56 | 1.26 | 0.95 | 1.44 | -0.41 | 1.18 | 0.83 | 0.98 | -0.10 | 0.74 |
| Operating CF | 190.36M | 198.42M | (47.30M) | 122.98M | 98.35M | 136.61M | (35.87M) | 114.58M | 80.35M | 94.13M | (4.86M) | 75.00M |
| Total Assets | 1.42B | 1.30B | 1.13B | 1.18B | 1.11B | 1.19B | 858.58M | 982.38M | 1.02B | 1.05B | 1.06B | 1.09B |
| Total Debt | 0 | 0 | 0 | 115.01M | 119.57M | 121.25M | 123.08M | 124.62M | 126.02M | 127.38M | 128.67M | 130.06M |
| Cash & Equiv | 170.68M | 85.73M | 75.77M | 89.31M | 87.56M | 66.89M | 32.88M | 39.11M | 64.13M | 57.90M | 63.52M | 57.25M |
| Book Value | 185.35M | 177.73M | 148.57M | 121.34M | 116.69M | 198.35M | 128.97M | 153.54M | 165.87M | 233.33M | 275.90M | 266.93M |
| Return on Equity | 0.21 | 0.17 | 0.19 | 0.20 | 0.22 | 0.52 | 0.18 | 0.16 | 0.11 | 0.06 | 0.06 | 0.02 |