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Clear Secure Inc (YOU) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

TECHNOLOGY · SOFTWARE - APPLICATION · DATA UPDATED 2026-08-16

Clear Secure Inc (YOU) operates in the SOFTWARE - APPLICATION industry and is headquartered in New York, United States with about 3,301 employees. Its market capitalization is roughly $5 billion. In the fiscal year ended 2025-12-31, YOU reported $901M in revenue and $109M in net income.

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.

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YOU Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Total Revenue$1.0B$901M$770M$614M$437M$254M$231M$192M
Gross Profit$901M$773M$489M$382M$276M$149M$157M$100M
Gross Margin %90.0%85.8%63.5%62.3%63.2%58.7%68.1%52.0%
Operating Income (EBIT)$251M$186M$123M$20M($129M)($115M)($19M)($56M)
Operating Margin %25.1%20.7%16.0%3.3%-29.5%-45.3%-8.2%-29.2%
Net Income$148M$109M$170M$28M($66M)($36M)($9M)($54M)
Net Margin %14.8%12.1%22.0%4.6%-15.0%-14.2%-4.0%-28.2%
EBITDA$298M$241M$93M$72M($99M)($102M)($10M)($49M)
Earnings Per Share (EPS)$1.48$1.12$1.17$0.31$-0.80$-0.47$-0.14$-0.74
Shares Outstanding (M)103M97M145M92M82M77M65M73M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

YOU Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$278M$253M$241M$229M$219M$211M$206M$198M
Gross Profit$238M$161M$352M$150M$141M$131M$129M$125M
Gross Margin %85.9%63.6%146.0%65.3%64.0%62.0%62.7%63.0%
Operating Income (EBIT)$83M$62M$54M$53M$43M$37M$34M$35M
Operating Margin %29.9%24.5%22.4%23.0%19.4%17.7%16.5%17.7%
Net Income$50M$39M$31M$28M$25M$25M$103M$23M
Net Margin %18.0%15.3%12.8%12.3%11.3%12.0%50.1%11.8%
EBITDA$81M$78M$74M$65M$51M$51M($42M)$50M
Earnings Per Share (EPS)$0.49$0.38$0.32$0.29$0.26$0.26$0.87$0.25
Shares Outstanding (M)103M101M97M98M95M98M118M94M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

YOU Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Cash from Operations (CFO)$733M$372M$296M$225M$168M$70M($12M)$17M
Capital Expenditures (CapEx)$39M$29M$12M$26M$32M$29M$17M$15M
Free Cash Flow (FCF)$694M$343M$284M$199M$136M$41M($29M)$1M
FCF Margin %69.3%38.1%36.8%32.4%31.2%16.0%-12.7%0.7%
Dividends Paid$89M$92M$93M$125M$22M$16M$16M$16M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

YOU Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)$392M$190M$198M($47M)$123M$98M$137M($36M)
Capital Expenditures (CapEx)$17M$5M$11M$6M$5M$7M$3M$2M
Free Cash Flow (FCF)$374M$185M$187M($53M)$118M$91M$134M($38M)
FCF Margin %134.8%73.3%77.8%-23.3%53.7%43.2%64.9%-19.1%
Dividends Paid$30M$40M$2M$17M$17M$42M$17M$14M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

YOU Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Total Assets$1.6B$1.3B$1.2B$1.0B$1.0B$813M$232M$319M
Cash & Cash Equivalents$128M$86M$67M$58M$39M$280M$116M$214M
Total Liabilities$1.3B$1.1B$957M$676M$527M$273M$150M$167M
Total Debt (Short + Long-Term)$6M$0M$6M$6M$5M$0M$18M$18M
Total Shareholders' Equity$206M$178M$198M$233M$291M$278M$82M$152M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive YOU viewer.

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