Clear Secure (YOU)
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Clear Secure, Inc. is an identity verification company focused on making access to physical and digital experiences faster, safer, and more convenient. The company operates the CLEAR platform, which uses biometric identifiers and secure identity credentials to confirm that a person is who they claim to be. Its best-known use case is in airports, where members can move through dedicated lanes that streamline the identity-check portion of the security process.
Clear Secure’s business is built around a trusted identity network that can be applied across multiple settings. In aviation, the company works with airports and transportation partners to improve passenger throughput while maintaining security standards. Its technology uses biometrics such as fingerprints or iris scans, combined with enrolled member data, to automate checks that would otherwise require manual review of identification documents. The result is intended to reduce friction for travellers and increase operational efficiency for venues and partners.
Beyond airports, Clear Secure seeks to extend its identity platform into non-aviation markets, including stadiums, offices, healthcare, financial services, and digital account verification. These opportunities reflect a broader demand for secure authentication as consumers move between online and in-person services. The company’s model combines consumer memberships, partner relationships, and platform-based identity solutions. Its main strategic asset is the network effect created by enrolled users, biometric infrastructure, and participating locations, which can make the service more useful as adoption expands across travel, events, and other high-security environments.
Last updated
- Market Cap
- 5.72B
- P/E
- 46.78
- P/FCF
- 13.08
- P/S
- 6.07
- Enterprise Value
- 5.55B
- Sector
- Industrials
- Industry
- Prepackaged Software
- Address
- 85 10TH AVE., 9TH FLOOR, NEW YORK, NY, 10011
Notified Boosts News Integrity with CLEAR Identity Verification for GlobeNewswire Press Releases in Canada
CLEAR To Announce Third Quarter 2025 Financial Results On November 6, 2025
CLEAR+ Enrollment Now Available to More International Travelers for Seamless Airport Journeys
CLEAR and Tampa General Hospital Announce Partnership to Strengthen Workforce Identity Security
CLEAR to Offer BOGO $15 Discount on TSA PreCheck® as Part of TSA’s “Families on the Fly” Campaign
CLEAR is Under Construction in Epic Toolbox in Identity Verification for EpicCare Link to Streamline Provider Access, Boost Security
CLEAR Joins White House and CMS Effort to Power an Interoperable, Secure Digital Health Ecosystem
CLEAR, an Official TSA PreCheck® Enrollment Provider, Expands Enrollment and Renewal Options by Opening a New Location at Aventura Mall in South Florida
CLEAR To Announce Second Quarter 2025 Financial Results On August 5, 2025
CLEAR to Provide Discounted TSA PreCheck® for Military Families
CLEAR Launches Concierge - a New Premium, Personalized Airport Experience
CLEAR, T-Mobile Modernize Workforce Identity Verification to Strengthen Enterprise Security
CLEAR Announces First Quarter 2025 Financial Results
CLEAR Announces $0.125 Regular Quarterly Cash Dividend
CLEAR, an Official TSA PreCheck® Enrollment Provider, Expands Enrollment and Renewal Options by Opening New Locations
CLEAR, an Official TSA PreCheck® Enrollment Provider, Expands Enrollment and Renewal Options by Opening New Simon® Mall Locations
CLEAR Announces Fourth Quarter and Full Year 2024 Financial Results
CLEAR, an Official TSA PreCheck® Enrollment Provider, Expands Enrollment and Renewal Options by Opening a New Location at Plaza Las Américas
CLEAR To Announce Fourth Quarter and Full Year 2024 Earnings
CLEAR Launches New Lanes at Portland International Airport
- Market Cap
Market cap is the total value of a company's shares, calculated by multiplying the stock price by the number of shares outstanding.
- 5.72B
- Enterprise Value
Enterprise value is the total value of a company, including its market cap, debt, and cash.
- 5.55B
- P/E
P/E ratio compares a company's share price to its earnings per share.
- 46.78
- P/B
P/B ratio compares a company's share price to its book value per share.
- 30.87
- P/S
P/S ratio compares a company's share price to its revenue per share.
- 6.07
- EV / EBITDA
EV/EBITDA measures a company's value compared to its earnings before interest, taxes, depreciation, and amortization.
- 22.56
- EV / Sales
EV/Sales measures a company's value compared to its total revenue.
- 5.89
- EPS
- 1.21
- Dividend Yield
Dividend yield shows how much a company pays in dividends each year compared to its share price.
- 2.01%
- P/FCF
Price-to-free-cash-flow ratio compares a company's share price to the cash it generates after expenses and investments.
- 13.08
- P/CF
P/CF ratio compares a company's share price to the cash flow it generates from its operations.
- 12.32
- Free Cash Flow
Free cash flow is the cash a company has left after covering operating costs and capital expenses.
- 437.33M
- ROE
ROE measures how effectively a company uses shareholders' equity to generate profit.
- 65.98%
- ROA
ROA measures how effectively a company uses its assets to generate profit.
- 8.6%
- Debt / Equity
Debt-to-equity ratio compares a company's total debt to its shareholders' equity.
- 0
- Current Ratio
Current ratio measures a company's ability to pay short-term debts using its short-term assets.
- 1.01
- Quick Ratio
Quick ratio measures a company's ability to pay short-term debts using cash and other easily available assets.
- 1.01
- Cash
Cash ratio measures a company's ability to cover short-term debts using only cash and cash equivalents.
- 0.2
- Avg Volume
Average volume shows the average number of shares traded over the last 30 trading days, helping indicate liquidity.
- 1.52M
- Fundamentals Snapshot Price
Fundamentals snapshot price is the stock price used when calculating the company's financial ratios and metrics.
- 56.78
Income Statement
| Line Item | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 |
|---|---|---|---|---|---|
| Revenue | 253M | 240.75M | 229.19M | 219.47M | 211.37M |
| Gross profit | 216.13M | 205.35M | 197.51M | 188.27M | 181.8M |
| Operating income | 62M | 53.91M | 52.61M | 42.56M | 37.4M |
| EBITDA | 68.83M | 67.81M | 60.04M | 49.32M | 43.94M |
| Net income | 38.8M | 30.65M | 28.13M | 24.72M | 25.41M |
| Basic EPS | 0.39 | 0.32 | 0.29 | 0.26 | 0.26 |
| Diluted EPS | 0.38 | 0.31 | 0.29 | 0.26 | 0.26 |
Balance Sheet
| Line Item | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 |
|---|---|---|---|---|---|
| Total assets | 1.42B | 1.3B | 1.13B | 1.18B | 1.11B |
| Total liabilities | 1.21B | 1.1B | 959.75M | 1.05B | 985.35M |
| Total equity | 213.63M | 204.39M | 166M | 126.69M | 125.99M |
| Cash & equivalents | 170.68M | 85.73M | 75.77M | 89.31M | 87.56M |
| Current assets | 864.86M | 764.61M | 589.04M | 653.57M | 581.88M |
| Current liabilities | 859.97M | 759.9M | 632.69M | 749.58M | 688.38M |
Cash Flow
| Line Item | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 |
|---|---|---|---|---|---|
| Operating cash flow | 190.36M | 198.42M | -47.3M | 122.98M | 98.35M |
| Investing cash flow | -21.4M | -170.07M | 56.38M | -76.69M | 93.28M |
| Financing cash flow | -83.93M | -18.43M | -22.64M | -44.98M | -171.28M |
| Change in cash | 85.02M | 9.93M | -13.56M | 1.32M | 20.35M |
| Kind | Filing | Date | Link |
|---|---|---|---|
| edgar index | 4 — Clear Secure, Inc. | View Filing | |
| edgar index | 144 — Clear Secure, Inc. | View Filing | |
| edgar index | 4 — Clear Secure, Inc. | View Filing | |
| edgar index | 144 — Clear Secure, Inc. | View Filing | |
| form 4 | Form 4 — Schlegel Jonathan | View Filing | |
| edgar index | 144 — Clear Secure, Inc. | View Filing | |
| edgar index | 10-Q — Clear Secure, Inc. | View Filing | |
| edgar index | 8-K — Clear Secure, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | SCHEDULE 13G — Clear Secure, Inc. | View Filing | |
| edgar index | DEF 14A — Clear Secure, Inc. | View Filing | |
| edgar index | DEFA14A — Clear Secure, Inc. | View Filing | |
| edgar index | ARS — Clear Secure, Inc. | View Filing | |
| edgar index | PRE 14A — Clear Secure, Inc. | View Filing | |
| edgar index | 4 — Clear Secure, Inc. | View Filing | |
| edgar index | 4 — Clear Secure, Inc. | View Filing | |
| edgar index | 4 — Clear Secure, Inc. | View Filing | |
| form 4 | Form 4 — Barkin Michael Z | View Filing | |
| form 4 | Form 4 — Barkin Michael Z | View Filing | |
| form 4 | Form 4 — Barkin Michael Z | View Filing | |
| form 4 | Form 4 — Hsu Jennifer | View Filing | |
| form 4 | Form 4 — Hsu Jennifer | View Filing | |
| form 4 | Form 4 — Hsu Jennifer | View Filing | |
| form 4 | Form 4 — Hollister Kathryn A | View Filing | |
| form 4 | Form 4 — Hollister Kathryn A | View Filing | |
| edgar index | SCHEDULE 13G/A — Clear Secure, Inc. | View Filing | |
| edgar index | 8-K — Clear Secure, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 4 — Clear Secure, Inc. | View Filing | |
| edgar index | 4 — Clear Secure, Inc. | View Filing | |
| form 4 | Form 4 — Seidman Becker Caryn | View Filing | |
| form 4 | Form 4 — Seidman Becker Caryn | View Filing | |
| form 4 | Form 4 — Seidman Becker Caryn | View Filing | |
| form 4 | Form 4 — Alclear Investments, LLC | View Filing | |
| edgar index | 4 — Clear Secure, Inc. | View Filing | |
| edgar index | 4 — Clear Secure, Inc. | View Filing | |
| edgar index | 4 — Clear Secure, Inc. | View Filing | |
| edgar index | 4 — Clear Secure, Inc. | View Filing | |
| edgar index | 4 — Clear Secure, Inc. | View Filing | |
| edgar index | 4 — Clear Secure, Inc. | View Filing | |
| edgar index | 4 — Clear Secure, Inc. | View Filing | |
| form 4 | Form 4 — Seidman Becker Caryn | View Filing | |
| form 4 | Form 4 — Seidman Becker Caryn | View Filing | |
| form 4 | Form 4 — Alclear Investments, LLC | View Filing | |
| form 4 | Form 4 — Alclear Investments, LLC | View Filing | |
| form 4 | Form 4 — Barkin Michael Z | View Filing | |
| form 4 | Form 4 — Haaland Lynn | View Filing | |
| form 4 | Form 4 — Haaland Lynn | View Filing | |
| form 4 | Form 4 — Hsu Jennifer | View Filing | |
| form 4 | Form 4 — Liu Dennis W. | View Filing | |
| form 4 | Form 4 — McLaughlin Kyle | View Filing | |
| form 4 | Form 4 — McLaughlin Kyle | View Filing | |
| form 4 | Form 4 — Schlegel Jonathan | View Filing | |
| form 4 | Form 4 — Schlegel Jonathan | View Filing | |
| form 4 | Form 4 — Seidman Becker Caryn | View Filing | |
| edgar index | 4 — Clear Secure, Inc. | View Filing | |
| edgar index | 4 — Clear Secure, Inc. | View Filing | |
| form 4 | Form 4 — Seidman Becker Caryn | View Filing | |
| form 4 | Form 4 — Seidman Becker Caryn | View Filing | |
| form 4 | Form 4 — Seidman Becker Caryn | View Filing | |
| form 4 | Form 4 — Seidman Becker Caryn | View Filing | |
| form 4 | Form 4 — Seidman Becker Caryn | View Filing | |
| form 4 | Form 4 — Alclear Investments, LLC | View Filing | |
| form 4 | Form 4 — Alclear Investments, LLC | View Filing | |
| form 4 | Form 4 — Alclear Investments, LLC | View Filing | |
| form 4 | Form 4 — Alclear Investments, LLC | View Filing | |
| form 4 | Form 4 — Alclear Investments, LLC | View Filing | |
| edgar index | 4 — Clear Secure, Inc. | View Filing | |
| edgar index | 4 — Clear Secure, Inc. | View Filing | |
| edgar index | 4 — Clear Secure, Inc. | View Filing | |
| edgar index | 4 — Clear Secure, Inc. | View Filing | |
| form 4 | Form 4 — Seidman Becker Caryn | View Filing | |
| form 4 | Form 4 — Seidman Becker Caryn | View Filing | |
| form 4 | Form 4 — Seidman Becker Caryn | View Filing | |
| form 4 | Form 4 — Seidman Becker Caryn | View Filing |