Symbols / YOU $56.99 -2.40% Clear Secure, Inc.

Technology • Software - Application • United States • NYQ
YOU Chart
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About

Clear Secure, Inc. operates a secure identity platform under the CLEAR brand name primarily in the United States. It provides secure identity platform, a multi-layered infrastructure consisting of front-end, including enrollment, verification, and linking, as well as back-end. The company 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 mobile app, which is used to enroll new members and improve the experience for existing members. In addition, it provides RESERVE powered by CLEAR to reservation spot for airport locations; Home to Gate, a feature to help travelers plan and time their trip to the airport; CLEAR1, a B2B offering that extends secure identity platform to partners to create friction-free experiences for their customers; CLEAR ID, a free and mobile digital ID that allow any traveler to verify their identity; CLEAR Concierge which enhances the CLEAR value proposition for high-frequency and premium travelers, as well as travelers requiring additional assistance, such as families and senior citizens; CLEAR Perks, a suite of added benefits that help CLEAR members get an even more seamless experience; TSA PreCheck Enrollment Provided by CLEAR, as well as online renewal services; Sora ID, a one-click know your customer that enables adding know your customer services to platform offerings; and a virtual queuing technology. The company was founded in 2010 and is headquartered in New York, New York. Clear Secure, Inc. is a subsidiary of Alclear Investments, Llc.

Fundamentals
Scroll to Statements
Market Cap 7.67B Enterprise Value 5.24B Income 109.17M Sales 900.78M Book/sh 1.81 Cash/sh 7.05
Dividend Yield 1.03% Payout 44.64% Employees 3301 IPO — P/E 50.88 Forward P/E 20.30
PEG — P/S 8.52 P/B 31.54 P/C — EV/EBITDA 25.14 EV/Sales 5.81
Quick Ratio 0.92 Current Ratio 1.01 Debt/Eq 54.96 LT Debt/Eq — EPS (ttm) 1.12 EPS next Y 2.81
EPS Growth -71.40% Revenue Growth 16.70% Earnings 2026-05-06 ROA 9.33% ROE 76.03% ROIC —
Gross Margin 64.42% Oper. Margin 22.39% Profit Margin 12.12% Shs Outstand 98.94M Shs Float 86.86M Short Float 19.22%
Short Ratio 5.55 Short Interest — 52W High 59.52 52W Low 23.76 Beta 1.08 Avg Volume 1.82M
Volume 1.58M Target Price $53.43 Recom Buy Prev Close $58.39 Price $56.99 Change -2.40%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$53.43
Mean price target
2. Current target
$56.99
Latest analyst target
3. DCF / Fair value
$48.51
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$56.99
Low
$33.00
High
$65.00
Mean
$53.43

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-26 main DA Davidson Buy → Buy $65
2026-03-02 main Needham Buy → Buy $60
2026-02-26 main JP Morgan Overweight → Overweight $47
2026-02-26 main DA Davidson Buy → Buy $54
2026-02-26 main Wells Fargo Underweight → Underweight $33
2026-02-26 main Stifel Hold → Hold $51
2026-02-26 main Telsey Advisory Group Outperform → Outperform $55
2026-02-18 main Telsey Advisory Group Outperform → Outperform $45
2025-12-16 main DA Davidson Buy → Buy $46
2025-12-12 up JP Morgan Neutral → Overweight $42
2025-11-07 main Wells Fargo Underweight → Underweight $29
2025-11-07 main Goldman Sachs Buy → Buy $41
2025-11-07 main Telsey Advisory Group Outperform → Outperform $38
2025-10-31 main Telsey Advisory Group Outperform → Outperform $37
2025-09-16 init DA Davidson — → Buy $45
2025-08-06 main Wells Fargo Underweight → Underweight $25
2025-08-06 main Goldman Sachs Buy → Buy $37
2025-08-06 main Telsey Advisory Group Outperform → Outperform $37
2025-07-30 main Telsey Advisory Group Outperform → Outperform $32
2025-07-29 main Stifel Hold → Hold $28
News
RSS: Latest YOU news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-01 BARKIN MICHAEL Z President — 64,599 — —
2026-04-01 HSU JENNIFER Chief Financial Officer — 7,106 — —
2026-03-31 HOLLISTER KATHRYN A Director — 530 — —
2026-03-13 SEIDMAN BECKER CARYN Chief Executive Officer — 200,000 $0.00 $0
2026-03-12 SEIDMAN BECKER CARYN Chief Executive Officer — 200,000 $0.00 $0
2026-03-12 ALCLEAR INVESTMENTS, L.L.C. Beneficial Owner of more than 10% of a Class of Security — 200,000 $0.00 $0
2026-03-05 SEIDMAN BECKER CARYN Chief Executive Officer — 174,324 $0.00 $0
2026-03-05 ALCLEAR INVESTMENTS, L.L.C. Beneficial Owner of more than 10% of a Class of Security — 174,324 $0.00 $0
2026-03-04 SEIDMAN BECKER CARYN Chief Executive Officer — 325,676 $0.00 $0
2026-03-04 SEIDMAN BECKER CARYN Chief Executive Officer — 174,324 $48.41 $8,457,128
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
900.78
+16.91%
770.49
+25.57%
613.58
+40.27%
437.43
Operating Revenue
900.78
+16.91%
770.49
+25.57%
613.58
+40.27%
437.43
Cost Of Revenue
320.46
+13.98%
281.15
+21.46%
231.47
+43.72%
161.05
Reconciled Cost Of Revenue
320.46
+13.98%
281.15
+21.46%
231.47
+43.72%
161.05
Gross Profit
580.32
+18.59%
489.34
+28.06%
382.11
+38.26%
276.38
Operating Expense
393.84
+7.56%
366.15
+1.15%
361.97
-10.72%
405.44
Research And Development
72.38
-1.32%
73.35
-1.47%
74.44
+11.44%
66.80
Selling General And Administration
286.83
+7.70%
266.31
+0.16%
265.88
-16.87%
319.85
Selling And Marketing Expense
54.45
+11.56%
48.81
+12.14%
43.52
+4.43%
41.68
General And Administrative Expense
232.38
+6.84%
217.51
-2.18%
222.36
-20.07%
278.17
Other Gand A
232.38
+6.84%
217.51
-2.18%
222.36
-20.07%
278.17
Total Expenses
714.30
+10.35%
647.30
+9.08%
593.44
+4.76%
566.50
Operating Income
186.48
+51.37%
123.19
+511.73%
20.14
+115.60%
-129.06
Total Operating Income As Reported
186.48
+51.37%
123.19
+511.73%
20.14
+115.60%
-129.06
EBITDA
221.10
+47.73%
149.67
+258.18%
41.79
+137.89%
-110.27
Normalized EBITDA
221.10
+47.73%
149.67
+258.18%
41.79
+137.89%
-110.27
Reconciled Depreciation
34.62
+30.76%
26.48
+22.32%
21.65
+15.20%
18.79
EBIT
186.48
+51.37%
123.19
+511.73%
20.14
+115.60%
-129.06
Net Income
109.17
-35.66%
169.68
+503.66%
28.11
+142.87%
-65.57
Pretax Income
206.07
+209.29%
66.63
+31.64%
50.61
+143.07%
-117.50
Net Non Operating Interest Income Expense
24.38
-25.00%
32.51
+12.05%
29.01
+340.53%
6.59
Interest Expense Non Operating
—
—
—
—
Net Interest Income
24.38
-25.00%
32.51
+12.05%
29.01
+340.53%
6.59
Interest Expense
—
—
—
—
Interest Income Non Operating
24.38
-25.00%
32.51
+12.05%
29.01
+340.53%
6.59
Interest Income
24.38
-25.00%
32.51
+12.05%
29.01
+340.53%
6.59
Other Income Expense
-4.79
+94.62%
-89.07
-6196.71%
1.46
-70.66%
4.98
Other Non Operating Income Expenses
-4.79
+94.62%
-89.07
-6196.71%
1.46
-70.66%
4.98
Tax Provision
37.92
+123.90%
-158.65
-22012.57%
0.72
+135.11%
-2.06
Tax Rate For Calcs
0.00
-12.38%
0.00
+1400.00%
0.00
-17.65%
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
168.15
-25.36%
225.27
+351.56%
49.89
+143.22%
-115.44
Net Income From Continuing Operation Net Minority Interest
109.17
-35.66%
169.68
+503.66%
28.11
+142.87%
-65.57
Net Income From Continuing And Discontinued Operation
109.17
-35.66%
169.68
+503.66%
28.11
+142.87%
-65.57
Net Income Continuous Operations
168.15
-25.36%
225.27
+351.56%
49.89
+143.22%
-115.44
Minority Interests
-58.98
-6.08%
-55.60
-155.27%
-21.78
-143.68%
49.86
Normalized Income
109.17
-35.66%
169.68
+503.66%
28.11
+142.87%
-65.57
Net Income Common Stockholders
109.17
-35.66%
169.68
+503.66%
28.11
+142.87%
-65.57
Diluted EPS
—
1.56
+403.23%
0.31
+138.75%
-0.80
Basic EPS
—
1.81
+483.87%
0.31
+138.75%
-0.80
Basic Average Shares
—
93.90
+3.63%
90.60
+10.32%
82.12
Diluted Average Shares
—
144.51
+57.73%
91.62
+11.56%
82.12
Diluted NI Availto Com Stockholders
109.32
-51.47%
225.27
+351.56%
49.89
+143.22%
-115.44
Average Dilution Earnings
0.15
-99.72%
55.60
+155.27%
21.78
+143.68%
-49.86
Depreciation Amortization Depletion Income Statement
34.62
+30.76%
26.48
+22.32%
21.65
+15.20%
18.79
Depreciation And Amortization In Income Statement
34.62
+30.76%
26.48
+22.32%
21.65
+15.20%
18.79
Total Other Finance Cost
—
—
-29.01
-340.53%
-6.59
Line Item Trend 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total Assets
1,194.93
+14.35%
1,045.01
+0.72%
1,037.52
—
Current Assets
662.22
-14.00%
770.03
+3.83%
741.60
—
Cash Cash Equivalents And Short Term Investments
609.50
-15.71%
723.10
+2.60%
704.75
—
Cash And Cash Equivalents
66.89
+15.53%
57.90
+48.69%
38.94
—
Other Short Term Investments
542.61
-18.43%
665.20
-0.09%
665.81
—
Receivables
0.51
-2.85%
0.53
-55.00%
1.17
—
Accounts Receivable
0.51
-2.85%
0.53
-55.00%
1.17
—
Prepaid Assets
39.10
+3.83%
37.66
+23.21%
30.56
—
Other Current Assets
13.11
+49.78%
8.76
+71.00%
5.12
—
Total Non Current Assets
532.71
+93.73%
274.98
-7.08%
295.92
—
Net PPE
165.75
-7.13%
178.49
-1.83%
181.80
—
Gross PPE
257.14
+3.34%
248.84
+4.86%
237.30
—
Accumulated Depreciation
-91.39
-29.90%
-70.35
-26.78%
-55.49
—
Properties
0.00
0.00
0.00
—
Machinery Furniture Equipment
88.96
+9.09%
81.55
+31.68%
61.93
—
Construction In Progress
8.76
+0.96%
8.67
-38.51%
14.10
—
Other Properties
151.30
+1.21%
149.50
-2.63%
153.53
—
Leases
8.12
-10.90%
9.11
+17.88%
7.73
—
Goodwill And Other Intangible Assets
78.06
-6.61%
83.58
+3.06%
81.10
—
Goodwill
62.76
+0.00%
62.76
+6.72%
58.81
—
Other Intangible Assets
15.30
-26.53%
20.82
-6.58%
22.29
—
Investments And Advances
7.00
+8.38%
6.46
+1307.19%
0.46
—
Non Current Deferred Assets
274.68
0.00
—
—
Non Current Deferred Taxes Assets
274.68
0.00
—
—
Non Current Prepaid Assets
0.31
+14.29%
0.27
+8.76%
0.25
+3.72%
0.24
Other Non Current Assets
7.22
+16.99%
6.18
-80.88%
32.30
—
Total Liabilities Net Minority Interest
956.99
+41.61%
675.78
+28.33%
526.60
—
Current Liabilities
643.05
+16.48%
552.05
+38.89%
397.47
—
Payables And Accrued Expenses
178.64
+18.01%
151.38
+65.09%
91.70
—
Payables
18.02
+52.96%
11.78
+48.17%
7.95
—
Accounts Payable
18.02
+52.96%
11.78
+48.17%
7.95
—
Current Accrued Expenses
160.62
+15.06%
139.60
+66.69%
83.75
—
Pensionand Other Post Retirement Benefit Plans Current
18.50
-1.02%
18.69
+7.65%
17.36
—
Total Tax Payable
0.00
—
—
—
Current Debt And Capital Lease Obligation
6.16
+7.54%
5.73
+15.39%
4.96
—
Current Capital Lease Obligation
6.16
+7.54%
5.73
+15.39%
4.96
—
Current Deferred Liabilities
439.75
+16.88%
376.25
+32.74%
283.45
—
Current Deferred Revenue
439.75
+16.88%
376.25
+32.74%
283.45
—
Total Non Current Liabilities Net Minority Interest
313.94
+153.72%
123.74
-4.17%
129.12
—
Long Term Debt And Capital Lease Obligation
115.10
-5.39%
121.66
-2.79%
125.15
—
Long Term Capital Lease Obligation
115.10
-5.39%
121.66
-2.79%
125.15
—
Tradeand Other Payables Non Current
196.47
0.00
—
—
Non Current Deferred Liabilities
0.95
-44.59%
1.71
-29.73%
2.44
—
Non Current Deferred Taxes Liabilities
0.95
-44.59%
1.71
-29.73%
2.44
—
Other Non Current Liabilities
1.43
+285.41%
0.37
-76.01%
1.54
—
Stockholders Equity
198.35
-14.99%
233.33
-19.84%
291.06
—
Common Stock Equity
198.35
-14.99%
233.33
-19.84%
291.06
—
Capital Stock
0.00
+0.00%
0.00
+0.00%
0.00
—
Common Stock
0.00
+0.00%
0.00
+0.00%
0.00
—
Share Issued
97.47
+5.15%
92.69
+4.45%
88.75
—
Ordinary Shares Number
97.47
+5.15%
92.69
+4.54%
88.67
—
Treasury Shares Number
0.00
0.00
-100.00%
0.08
-63.91%
0.22
Additional Paid In Capital
114.23
-62.55%
304.99
-22.67%
394.39
—
Retained Earnings
83.78
+213.65%
-73.71
+27.59%
-101.80
—
Gains Losses Not Affecting Retained Earnings
0.34
-83.27%
2.05
+234.07%
-1.53
—
Treasury Stock
0.00
0.00
0.00
—
Minority Interest
39.59
-70.87%
135.90
-38.19%
219.86
—
Other Equity Adjustments
0.34
-83.27%
2.05
+234.07%
-1.53
—
Total Equity Gross Minority Interest
237.94
-35.56%
369.22
-27.73%
510.92
—
Total Capitalization
198.35
-14.99%
233.33
-19.84%
291.06
—
Working Capital
19.16
-91.21%
217.99
-36.66%
344.13
—
Invested Capital
198.35
-14.99%
233.33
-19.84%
291.06
—
Total Debt
121.25
-4.81%
127.38
-2.10%
130.11
—
Capital Lease Obligations
121.25
-4.81%
127.38
-2.10%
130.11
—
Net Tangible Assets
120.30
-19.67%
149.75
-28.68%
209.97
—
Tangible Book Value
120.30
-19.67%
149.75
-28.68%
209.97
—
Available For Sale Securities
7.00
+8.38%
6.46
+1307.19%
0.46
—
Investmentin Financial Assets
7.00
+8.38%
6.46
+1307.19%
0.46
—
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
372.45
+25.97%
295.68
+31.39%
225.03
+33.70%
168.31
Cash Flow From Continuing Operating Activities
372.45
+25.97%
295.68
+31.39%
225.03
+33.70%
168.31
Net Income From Continuing Operations
168.15
-25.36%
225.27
+351.56%
49.89
+143.22%
-115.44
Depreciation Amortization Depletion
34.62
+30.76%
26.48
+22.32%
21.65
+15.20%
18.79
Depreciation
23.92
+10.00%
21.75
+19.40%
18.21
+17.33%
15.52
Amortization Cash Flow
10.70
+126.19%
4.73
+37.77%
3.43
+5.08%
3.27
Depreciation And Amortization
34.62
+30.76%
26.48
+22.32%
21.65
+15.20%
18.79
Amortization Of Intangibles
10.70
+126.19%
4.73
+37.77%
3.43
+5.08%
3.27
Other Non Cash Items
6.45
-5.32%
6.81
+0.03%
6.81
+61.72%
4.21
Stock Based Compensation
38.93
+10.17%
35.34
-5.24%
37.29
-73.07%
138.50
Asset Impairment Charge
5.08
+602.77%
0.72
-85.47%
4.97
+62.16%
3.07
Deferred Tax
24.38
+114.71%
-165.77
-22860.25%
-0.72
+70.78%
-2.47
Deferred Income Tax
24.38
+114.71%
-165.77
-22860.25%
-0.72
+70.78%
-2.47
Operating Gains Losses
-0.64
—
—
—
Gain Loss On Investment Securities
—
—
—
—
Change In Working Capital
96.73
-44.45%
174.14
+46.40%
118.95
-4.55%
124.61
Change In Receivables
-1.58
-10633.33%
0.01
-97.67%
0.64
-84.55%
4.16
Changes In Account Receivables
-1.58
-10633.33%
0.01
-97.67%
0.64
-84.55%
4.16
Change In Prepaid Assets
-8.76
-29.32%
-6.78
+32.30%
-10.01
-58.32%
-6.32
Change In Payables And Accrued Expense
39.55
-67.89%
123.16
+222.08%
38.24
+11.72%
34.23
Change In Accrued Expense
45.92
-62.04%
120.96
+258.79%
33.71
-3.62%
34.98
Change In Payable
-6.37
-389.72%
2.20
-51.43%
4.53
+701.73%
-0.75
Change In Account Payable
-6.37
-389.72%
2.20
-51.43%
4.53
+701.73%
-0.75
Change In Other Working Capital
76.45
+20.40%
63.50
-31.57%
92.80
-2.20%
94.89
Change In Other Current Liabilities
-8.93
-55.13%
-5.76
-111.11%
-2.73
-16.29%
-2.35
Investing Cash Flow
-97.10
-185.34%
113.78
+833.67%
-15.51
+95.69%
-359.59
Cash Flow From Continuing Investing Activities
-97.10
-185.34%
113.78
+833.67%
-15.51
+95.69%
-359.59
Net PPE Purchase And Sale
-29.34
-144.32%
-12.01
+53.01%
-25.55
+18.52%
-31.36
Purchase Of PPE
-29.34
-144.32%
-12.01
+53.01%
-25.55
+18.52%
-31.36
Capital Expenditure
-29.34
-138.01%
-12.33
+52.83%
-26.14
+18.09%
-31.91
Net Investment Purchase And Sale
-70.46
-155.88%
126.10
+777.12%
14.38
+104.39%
-327.69
Purchase Of Investment
-747.63
+23.09%
-972.10
-1.40%
-958.65
+34.45%
-1,462.55
Sale Of Investment
677.17
-38.34%
1,098.20
+12.86%
973.03
-14.26%
1,134.86
Net Business Purchase And Sale
2.70
0.00
+100.00%
-3.75
0.00
Purchase Of Business
0.00
0.00
+100.00%
-3.75
0.00
Gain Loss On Sale Of Business
-0.64
0.00
0.00
—
Net Intangibles Purchase And Sale
0.00
+100.00%
-0.32
+45.17%
-0.58
-6.42%
-0.55
Purchase Of Intangibles
0.00
+100.00%
-0.32
+45.17%
-0.58
-6.42%
-0.55
Financing Cash Flow
-257.33
+35.92%
-401.55
-85.90%
-216.01
-341.97%
-48.87
Cash Flow From Continuing Financing Activities
-257.33
+35.92%
-401.55
-85.90%
-216.01
-341.97%
-48.87
Net Common Stock Issuance
-126.34
+53.71%
-272.92
-291.72%
-69.67
-1321.32%
-4.90
Common Stock Payments
-126.34
+53.71%
-272.92
-291.72%
-69.67
-1321.32%
-4.90
Common Stock Dividend Paid
-91.88
+1.59%
-93.37
+25.42%
-125.19
-228.66%
-38.09
Cash Dividends Paid
-91.88
+1.59%
-93.37
+25.42%
-125.19
-228.66%
-38.09
Repurchase Of Capital Stock
-126.34
+53.71%
-272.92
-291.72%
-69.67
-1321.32%
-4.90
Proceeds From Stock Option Exercised
—
—
0.00
0.00
Net Other Financing Charges
-39.10
-10.89%
-35.26
-66.80%
-21.14
-259.57%
-5.88
Changes In Cash
18.02
+127.94%
7.91
+221.98%
-6.48
+97.30%
-240.16
Effect Of Exchange Rate Changes
0.13
+217.50%
0.04
+4100.00%
-0.00
+98.82%
-0.09
Beginning Cash Position
70.35
+12.74%
62.40
-9.41%
68.88
-77.72%
309.13
End Cash Position
88.50
+25.80%
70.35
+12.74%
62.40
-9.41%
68.88
Free Cash Flow
343.11
+21.09%
283.35
+42.46%
198.90
+45.82%
136.40
Amortization Of Securities
-1.26
+82.83%
-7.32
+46.98%
-13.80
-366.67%
-2.96
Common Stock Issuance
—
—
0.00
0.00
Issuance Of Capital Stock
—
—
0.00
0.00
Sale Of Business
2.70
0.00
0.00
—
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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