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NYSE · Technology

Clear Secure, Inc. (YOU)

Clear Secure, Inc. brought in $1.1B of revenue over the twelve months to September 30, 2026, up 22.9% from a year earlier. Net income was $172.8M, a net margin of 16.2%. Operating cash flow minus capital spending left $343.1M of free cash flow in fiscal 2025. At September 30, 2026 it held $35.4M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 4, 2026.

Free, no password. An email when YOU files with the SEC.

Price
$55.86
+1.39% on the day · November 10, 2026
52-week range $30.98 to $69.07
Market cap
$7.6B
Revenue (last 12 months)
$1.1B
+22.9% year on year
Net margin
16.2%

Key facts about Clear Secure, Inc.

Net worth
Clear Secure, Inc. has a market value (market cap) of $7.6B at the latest share price, and shareholders' equity of $120.2M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Revenue and profit
In fiscal 2025 revenue was $900.8M (+16.9% year on year), with net income of $109.2M. Over the 12 months to September 30, 2026: revenue $1.1B, net income $172.8M.
Cash flow
In fiscal 2025 operations brought in $372.5M of cash; after $29.3M of capital spending, free cash flow was $343.1M.
Latest report
The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 4, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
Next earnings report
Clear Secure, Inc.'s next report is expected around February 24, 2027. That is an estimate from its filing rhythm, not a date the company has announced.

What Clear Secure, Inc. does

Clear Secure, Inc. is registered with the SEC under industry code SIC 7372 (Services-Prepackaged Software). Its shares trade on NYSE under the ticker YOU.

Revenue and profit by year

Revenue
FY19: $192.3M $192.3M FY19FY21: $230.8M $230.8M FY21FY21: $254M $254M FY21FY22: $437.4M $437.4M FY22FY23: $613.6M $613.6M FY23FY24: $770.5M $770.5M FY24FY25: $900.8M $900.8M FY25
Net income
FY19: -$54.2M -$54.2M FY19FY21: -$9.3M -$9.3M FY21FY21: -$36.1M -$36.1M FY21FY22: -$65.6M -$65.6M FY22FY23: $28.1M $28.1M FY23FY24: $169.7M $169.7M FY24FY25: $109.2M $109.2M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$900.8M$186.5M$109.2Mn/a$343.1M
2024$770.5M$123.2M$169.7Mn/a$283.7M
2023$613.6M$20.1M$28.1Mn/a$199.5M
2022$437.4M-$129.1M-$65.6Mn/a$136.9M
2021$254M-$114.9M-$36.1Mn/a$41.6M
2021$230.8M-$18.9M-$9.3Mn/a-$28.8M

Earnings: every quarter and the next report date

Full financial statements: income, balance sheet and cash flow

Next report expected around February 24, 2027.

Estimated from its filing rhythm: 52 weeks after its report of February 25, 2026. Not a date the company has announced. See the report calendar · Earnings, quarter by quarter

Where YOU ranks in Technology

Revenue$900.8M
#239 of 751 in Technology · Top 32%
Revenue growth+16.9%
#209 of 604 in Technology · Top 34%
Net margin12.1%
#170 of 611 in Technology · Top 28%
Free cash flow margin38.1%
#23 of 568 in Technology · Top 4%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Technology

Dividends

It paid out $47.8M in cash dividends, 44% of its net income.

Fiscal yearPer sharePaid outOf profit
2025n/a$47.8M44%
2024n/a$39.4M23%
2023n/a$14.5M52%
2022n/a$0n/a
2021n/a$0n/a

Per share as declared (or paid, where only that is reported), adjusted for stock splits the company itself restated. Yield is the latest fiscal year's dividend over the current price.

Latest SEC filings

What Clear Secure, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. November 4, 2026
    Quarterly report 10-Q · period to September 30, 2026Revenue rose 28% to $292.9M versus the same quarter last year; net income rose 88% to $53.2M.
  2. November 4, 2026
  3. October 30, 2026
  4. September 16, 2026
    Executive or director change8-KClear Secure announced leadership transitions involving its President and its Executive Vice President of Aviation.
  5. August 5, 2026
    Quarterly report 10-Q · period to June 30, 2026Revenue rose 27% to $277.8M versus the same quarter last year; net income rose 102% to $50.1M.
  6. August 5, 2026
  7. July 30, 2026
  8. June 23, 2026
  9. June 10, 2026
  10. May 6, 2026
    Quarterly report 10-Q · period to March 31, 2026Revenue rose 20% to $253M versus the same quarter last year; net income rose 53% to $38.8M.

Recent insider filings (Forms 3, 4 and 144): 10, the latest on November 6, 2026. Insider transactions on SEC

Insider trades

What the people running Clear Secure, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.

Insiders sold $22.3M worth of shares in the last 90 days and bought none on the open market. All of the selling was pre-planned under Rule 10b5-1 trading plans.

Bought (open market)
$0
last 90 days
Sold
$22.3M
last 90 days
Net sold
373,746
$22.3M
DateInsiderWhatSharesPriceValueFiling
November 5, 2026 Seidman Becker CarynChief Executive Officer, Director, 10% owner Other changeindirect 176,096 - - Form 4
November 5, 2026 Seidman Becker CarynChief Executive Officer, Director, 10% owner Received as payindirect 176,096 - - Form 4
November 5, 2026 Alclear Investments, LLCDirector, 10% owner Other change 176,096 - - Form 4
November 5, 2026 Alclear Investments, LLCDirector, 10% owner Received as pay 176,096 - - Form 4
November 4, 2026 Seidman Becker CarynChief Executive Officer, Director, 10% owner Soldpre-planned (10b5-1), indirect 165,395 $60.47 $10M Form 4
November 4, 2026 Seidman Becker CarynChief Executive Officer, Director, 10% owner Soldpre-planned (10b5-1), indirect 10,701 $61.26 $655.5K Form 4
November 4, 2026 Alclear Investments, LLCDirector, 10% owner Soldpre-planned (10b5-1) 165,395 $60.47 $10M Form 4
November 4, 2026 Alclear Investments, LLCDirector, 10% owner Soldpre-planned (10b5-1) 10,701 $61.26 $655.5K Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns YOU

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
Vanguard Portfolio Management13G, passive 7.27% 7,196,804 April 29, 2026
William H. Miller III Living Trust dated April 17, 201713G, passive 6.3% 6,050,000 September 23, 2025

Latest filings below 5%: The Vanguard Group 0% (March 26, 2026); Durable Capital Partners LP 3.6% (February 17, 2026); Alclear Investments II, LLC 4.2% (August 14, 2025); Fmr LLC 3.8% (May 12, 2025).

Largest institutional holders

Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 451 managers reported a position.

HolderSharesValueChange on quarter
BlackRock, Inc.15,909,242$886.6M+787,162
Vanguard Portfolio Management LLC7,772,024$433.1M+655,007
Vanguard Capital Management LLC4,257,501$237.3M+251,855
State Street Corp3,699,884$206.2M+292,051
Renaissance Technologies LLC3,276,617$182.6M-76,100
Geode Capital Management, LLC2,990,057$166.7M+326,645
Goldman Sachs Group Inc2,837,559$158.1M-8,504
Arrowstreet Capital, Limited Partnership2,683,493$149.6M+2,551
First Trust Advisors LP2,588,606$144.3M-268,773
Morgan Stanley2,565,860$143M-35,351
D. E. Shaw & Co., Inc.2,443,976$136.2M+989,745
Fmr LLC2,367,330$131.9M+1,179,154
Dimensional Fund Advisors LP1,746,182$97.3M+34,891
Copeland Capital Management, LLC1,682,498$93.8M-73,354
Wedge Capital Management L L P1,481,104$82.5Mnew
Jpmorgan Chase & Co1,309,808$73.6M+244,884
Northern Trust Corp1,256,456$70M-35,210
Invesco Ltd.1,150,625$64.1M-40,348
Jupiter Asset Management Ltd1,096,810$61.1M-330,257
Jacobs Levy Equity Management, Inc1,038,992$57.9M-118,367

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

12 insiders reported holding 37,166,433 shares in total, about $2.08B at the last price.

HolderSharesAs of
Alclear Investments, LLCDirector, 10% owner 18,412,923630,890 held indirectly November 5, 2026
Seidman Becker CarynChief Executive Officer, Director, 10% owner 18,412,92317,782,033 held indirectly November 5, 2026
Wiener AdamDirector 132,634 February 26, 2026
Hollister Kathryn ADirector 45,587 September 30, 2026
Collins TomagoDirector 43,183 June 5, 2026
Henry ShawnDirector 30,625 June 14, 2026
McLaughlin KyleEVP, Aviation 29,519 September 3, 2026
Scher PeterDirector 18,013 August 1, 2026
Liu Dennis W.Chief Accounting Officer 12,363 November 4, 2026
Barkin Michael ZPresident, Director 11,550 September 3, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about YOU

What does Clear Secure, Inc. do?

Clear Secure, Inc. is a company in the Technology sector, listed on NYSE as YOU. Its shares trade on NYSE under the ticker YOU.

What is Clear Secure, Inc.'s net worth?

Clear Secure, Inc. has a market value (market cap) of $7.6B at the latest share price, and shareholders' equity of $120.2M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.

Is Clear Secure, Inc. profitable?

Yes. Over the twelve months to September 30, 2026 it reported net income of $172.8M on revenue of $1.1B, a net margin of 16.2%.

How much revenue does Clear Secure, Inc. make?

Over the twelve months to September 30, 2026 Clear Secure, Inc. reported revenue of $1.1B. That is 22.9% more than a year earlier.

When did Clear Secure, Inc. last report?

Its most recent periodic report is the quarterly report (10-Q) filed on November 4, 2026. It covers the period to September 30, 2026. Its newest filing of any kind is the insider trade from November 6, 2026.

When is Clear Secure, Inc.'s next earnings report?

Clear Secure, Inc.'s next report is expected around February 24, 2027. That is an estimate from its filing rhythm, not a date the company has announced.

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Where the numbers come from

Financial figures are the values Clear Secure, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.