Clear Secure, Inc. (YOU) Financials
Key financial figures for Clear Secure, Inc. (Q3 2026).
Revenue rose 27.8% to $292.9 million and Total Bookings rose 24.4% to $323.5 million, while the roughly $315 million settlement of accrued partnership liabilities pushed Free Cash Flow to $(103.8) million. Revenue was $292.9 million versus $229.2 million a year earlier (+27.8%); Total Bookings were $323.5 million versus $260.1 million (+24.4%). Operating income was $82.9 million versus $52.6 million, a 28.3% operating margin; net income was $75.3 million (25.7% margin), of which $53.2 million is attributable to Clear Secure, Inc. after $22.2 million to non-controlling interests. Adjusted EBITDA was $103.9 million versus $70.1 million, a 35.5% margin versus 30.6% a year earlier. Diluted EPS (Class A) was $0.52 versus $0.29. On the outlook: Q4 2026: Revenue of $299-302 million (24.8% year-over-year growth at the midpoint) and Total Bookings of $335-340 million (17.6% at the midpoint). Full year 2026 Free Cash Flow guidance raised from at least $480 million to at least $490 million (at least 42.8% year-over-year growth). Figures are for Q3 2026, as Clear Secure reported them.
- Revenue
- $293M
- Net Income
- $53M
- EPS
- $0.53
- Total Assets
- $1.3B
- Operating Cash Flow
- -$99M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $293M | $53M | $0.52 | 28.32% | -$104M |
| Q2 FY2026 | $278M | $50M | $0.49 | 29.86% | $189M |
| Q1 FY2026 | $253M | $39M | $0.39 | 24.51% | $185M |
| Q4 FY2025 | $241M | $31M | $0.31 | 22.39% | $187M |
| Q3 FY2025 | $229M | $28M | $0.29 | 22.96% | -$53M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $901M | $109M | $1.12 | 20.7% | $343M |
| FY2024 | $770M | $170M | $1.56 | 15.99% | $284M |
| FY2023 | $614M | $28M | $0.31 | 3.28% | $199M |
Frequently asked questions
What was Clear Secure's revenue last quarter?
Clear Secure reported revenue of $292.9 million for Q3 FY2026, up 27.8% from the same period a year earlier.
Is Clear Secure profitable?
Yes. Clear Secure reported net income of $53.2 million for Q3 FY2026, a net margin of 18.16% on revenue.
How has Clear Secure's margin trended?
Operating margin was 28.32% in Q3 FY2026, compared with 22.96% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Clear Secure generate?
Clear Secure generated free cash flow of -$103.8 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Clear Secure, Inc. on SentiSense, with up to forty quarters and twenty fiscal years of history.