YOU - Clear Secure, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$64.25
DETAILS
HIGH:
$75.00
LOW:
$60.00
MEDIAN:
$61.00
CONSENSUS:
$64.25
UPSIDE:
6.98%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | |||||||
| Revenue | 900.8 | 770.5 | 613.6 | 437.4 | 254.0 | 230.8 | 192.3 |
| Cost of Revenue | 127.8 | 281.1 | 231.5 | 161.1 | 104.9 | 73.7 | 92.3 |
| Gross Profit | 772.9 | 489.3 | 382.1 | 276.4 | 149.0 | 157.1 | 100.0 |
| Operating Expenses | |||||||
| R&D Expenses | 72.4 | 73.4 | 74.4 | 66.8 | 47.5 | 32.0 | 21.2 |
| SG&A Expenses | 286.8 | 266.3 | 265.9 | 319.9 | 204.1 | 134.5 | 127.6 |
| Other Expenses | 227.2 | 26.5 | 21.6 | 18.8 | 12.4 | 9.4 | 7.3 |
| Operating Expenses | 586.5 | 366.1 | 362.0 | 405.4 | 263.9 | 176.0 | 156.1 |
| Operating Income | |||||||
| Operating Income | 186.5 | 123.2 | 20.1 | (129.1) | (114.9) | (18.9) | (56.2) |
| Interest Expense | 0 | 0 | 0 | 0 | 0.3 | 0 | 0 |
| Interest Income | 24.4 | 32.5 | 29.0 | 6.6 | 0 | 0.6 | 1.9 |
| Profitability | |||||||
| EBITDA | 240.7 | 149.7 | 41.8 | (110.3) | (102.6) | (9.5) | (48.8) |
| EBIT | 206.1 | 123.2 | 20.1 | (129.1) | (114.9) | (18.9) | (56.2) |
| Income Before Tax | 206.1 | 66.6 | 50.6 | (117.5) | (114.9) | (9.3) | (54.2) |
| Income Tax Expense | 37.9 | (158.6) | 0.7 | (2.1) | 0.2 | 0.0 | 0 |
| Net Income | 109.2 | 169.7 | 28.1 | (65.6) | (36.1) | (9.3) | (54.2) |
| Per Share Data | |||||||
| EPS (Basic) | 1.14 | 1.81 | 0.31 | -1.41 | -1.49 | -0.14 | -0.36 |
| EPS (Diluted) | 1.12 | 1.56 | 0.31 | -1.41 | -1.49 | -0.14 | -0.71 |
| Shares Outstanding | 95.4 | 93.9 | 90.6 | 82.1 | 77.4 | 65.4 | 146.8 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Current Assets | |||||||
| Cash & Cash Equivalents | 85.7 | 66.9 | 57.9 | 38.9 | 280.1 | 116.2 | 213.9 |
| Short-Term Investments | 614.4 | 542.6 | 665.2 | 665.8 | 335.2 | 37.8 | 33.4 |
| Net Receivables | 1.9 | 0.5 | 0.5 | 1.2 | 5.3 | 0.9 | 1.1 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 62.5 | 13.1 | 8.8 | 5.1 | 12.9 | 2.9 | 3.0 |
| Total Current Assets | 764.6 | 662.2 | 770.0 | 741.6 | 653.1 | 171.6 | 261.5 |
| Non-Current Assets | |||||||
| Property, Plant & Equipment | 159.4 | 165.8 | 178.5 | 181.8 | 44.5 | 35.2 | 26.9 |
| Goodwill | 62.7 | 62.8 | 62.8 | 58.8 | 59.8 | 0 | 0 |
| Intangible Assets | 2.8 | 15.3 | 20.8 | 22.3 | 22.9 | 1.6 | 1.2 |
| Long-Term Investments | 0 | 7 | 6.5 | 0.5 | 0.5 | 0.5 | 0.5 |
| Other Non-Current Assets | 314.0 | 7.2 | 6.4 | 32.6 | 32.0 | 23.4 | 28.8 |
| Total Non-Current Assets | 538.8 | 532.7 | 275.0 | 295.9 | 159.7 | 60.6 | 57.3 |
| Total Assets | 1,303.4 | 1,194.9 | 1,045.0 | 1,037.5 | 812.8 | 232.3 | 318.9 |
| Current Liabilities | |||||||
| Account Payables | 7.2 | 18.0 | 11.8 | 8.0 | 8.8 | 8.5 | 7.1 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 516.2 | 439.8 | 376.3 | 283.5 | 188.6 | 101.5 | 121.3 |
| Other Current Liabilities | 236.5 | 18.5 | 139.6 | 17.4 | 18.1 | 27.4 | 24.5 |
| Total Current Liabilities | 759.9 | 643.1 | 552.0 | 397.5 | 264.6 | 146.1 | 163.6 |
| Non-Current Liabilities | |||||||
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0.9 | 1.7 | 2.4 | 3.8 | 0 | 0 |
| Other Non-Current Liabilities | 339.1 | 197.9 | 0.4 | 1.5 | 4.9 | 3.8 | 3.3 |
| Total Non-Current Liabilities | 339.1 | 313.9 | 123.7 | 129.1 | 8.7 | 3.8 | 3.3 |
| Total Liabilities | 1,099.0 | 957.0 | 675.8 | 526.6 | 273.3 | 149.9 | 167.0 |
| Stockholders' Equity | |||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 569.3 | 435.2 |
| Retained Earnings | 119.8 | 83.8 | (73.7) | (101.8) | (36.1) | (494.8) | (291.4) |
| Accumulated Other Comprehensive Income | 0.8 | 0.3 | 2.0 | (1.5) | (0.1) | 0.0 | 0.0 |
| Total Stockholders' Equity | 177.7 | 198.4 | 233.3 | 291.1 | 277.6 | 82.4 | 151.9 |
| Total Liabilities & Equity | 1,303.4 | 1,194.9 | 1,045.0 | 1,037.5 | 812.8 | 232.3 | 318.9 |
| Debt Metrics | |||||||
| Total Debt | 0 | 121.3 | 127.4 | 130.1 | 0 | 0 | 0 |
| Net Debt | (85.7) | 54.4 | 69.5 | 91.2 | (280.1) | (116.2) | (213.9) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | 244.0 | 225.3 | 49.9 | (115.4) | (115.2) | (9.3) | (54.2) |
| Depreciation & Amortization | 34.6 | 26.5 | 21.6 | 18.8 | 12.4 | 9.4 | 7.3 |
| Stock-Based Compensation | 38.9 | 35.3 | 37.3 | 138.5 | 36.5 | 3.4 | 14.7 |
| Change in Working Capital | 96.7 | 174.1 | 118.9 | 124.6 | 117.6 | (17.0) | 45.3 |
| Other Non-Cash Items | (66.2) | 0.2 | (2.0) | 4.3 | 18.4 | 1.1 | 3.5 |
| Operating Cash Flow | 372.5 | 295.7 | 225.0 | 168.3 | 69.7 | (12.3) | 16.6 |
| Investing Activities | |||||||
| Capital Expenditure | (29.3) | (12.0) | (26.1) | (31.9) | (29.0) | (16.9) | (15.2) |
| Acquisitions | 0 | 0 | (3.8) | 0.5 | (75.8) | (0.4) | 0 |
| Purchases of Investments | (747.6) | (972.1) | (958.7) | (1,462.5) | (988.0) | (170.6) | (101.1) |
| Sales/Maturities of Investments | 677.2 | 1,098.2 | 973.0 | 1,134.9 | 689.6 | 166.2 | 90.5 |
| Other Investing Activities | 2.7 | (0.3) | (0.6) | (0.5) | (0.8) | 0.2 | (0.5) |
| Investing Cash Flow | (97.1) | 113.8 | (15.5) | (359.6) | (403.2) | (21.6) | (25.8) |
| Financing Activities | |||||||
| Net Debt Issuance | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock Repurchased | (126.3) | (272.9) | (69.7) | (5.2) | (11.7) | (210.3) | (12.1) |
| Dividends Paid | (91.9) | (93.4) | (125.2) | (38.1) | 0 | 0 | 0 |
| Other Financing Activities | (39.1) | (35.3) | (21.1) | (5.6) | (2.0) | (0.7) | 0 |
| Financing Cash Flow | (257.3) | (401.5) | (216.0) | (48.9) | 503.4 | (63.0) | 180.4 |
| Cash Position | |||||||
| Net Change in Cash | 18.1 | 7.9 | (6.5) | (240.2) | 170.0 | (97.0) | 171.2 |
| Cash at Beginning | 70.3 | 62.4 | 68.9 | 309.1 | 139.1 | 236.1 | 64.9 |
| Cash at End | 88.5 | 70.3 | 62.4 | 68.9 | 309.1 | 139.1 | 236.1 |
| Free Cash Flow | 343.1 | 283.7 | 198.9 | 136.4 | 40.7 | (29.3) | 1.4 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Income Statement | |||||||
| Revenue | 900.8 | 770.5 | 613.6 | 437.4 | 254.0 | 230.8 | 192.3 |
| Gross Profit | 772.9 | 489.3 | 382.1 | 276.4 | 149.0 | 157.1 | 100.0 |
| Operating Income | 186.5 | 123.2 | 20.1 | (129.1) | (114.9) | (18.9) | (56.2) |
| Net Income | 109.2 | 169.7 | 28.1 | (65.6) | (36.1) | (9.3) | (54.2) |
| EPS (Diluted) | 1.12 | 1.56 | 0.31 | -1.41 | -1.49 | -0.14 | -0.71 |
| Balance Sheet | |||||||
| Cash & Equivalents | 85.7 | 66.9 | 57.9 | 38.9 | 280.1 | 116.2 | 213.9 |
| Total Assets | 1,303.4 | 1,194.9 | 1,045.0 | 1,037.5 | 812.8 | 232.3 | 318.9 |
| Total Debt | 0 | 121.3 | 127.4 | 130.1 | 0 | 0 | 0 |
| Stockholders' Equity | 177.7 | 198.4 | 233.3 | 291.1 | 277.6 | 82.4 | 151.9 |
| Cash Flow | |||||||
| Operating Cash Flow | 372.5 | 295.7 | 225.0 | 168.3 | 69.7 | (12.3) | 16.6 |
| Capital Expenditure | (29.3) | (12.0) | (26.1) | (31.9) | (29.0) | (16.9) | (15.2) |
| Free Cash Flow | 343.1 | 283.7 | 198.9 | 136.4 | 40.7 | (29.3) | 1.4 |