Clear Secure, Inc.YOUEarnings & Financial Report
Clear Secure, Inc. is an American technology company that operates biometric travel document verification systems at some major airports and stadiums. It was founded in 2003, but shut down in 2009 after filing for bankruptcy. It was relaunched in 2012 and went public in 2021.
Revenue
$186.7M
Gross Profit
N/A
Operating Profit
$30.3M
Net Profit
$24.1M
Gross Margin
N/A
Operating Margin
16.2%
Net Margin
12.9%
YoY Growth
24.6%
Clear Secure, Inc. Q2 FY2024 Financial Summary
Clear Secure, Inc. reported revenue of $186.7M (up 24.6% YoY) for Q2 FY2024, with a net profit of $24.1M (up 501.3% YoY) (12.9% margin).
Key Financial Metrics
| Total Revenue | $186.7M |
|---|---|
| Net Profit | $24.1M |
| Gross Margin | N/A |
| Operating Margin | 16.2% |
| Report Period | Q2 FY2024 |
Clear Secure, Inc. Annual Revenue by Year
Clear Secure, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $900.8M).
| Year | Annual Revenue |
|---|---|
| 2025 | $900.8M |
| 2024 | $770.5M |
| 2023 | $613.6M |
| 2022 | $437.4M |
Clear Secure, Inc. Quarterly Revenue & Net Profit History
Clear Secure, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $240.8M | +16.7% | $30.8M | 12.8% |
| Q3 FY2025 | $229.2M | +15.5% | $28.3M | 12.3% |
| Q2 FY2025 | $219.5M | +17.5% | $24.7M | 11.3% |
| Q1 FY2025 | $211.4M | +18.1% | $25.4M | 12.0% |
| Q4 FY2024 | $206.3M | +20.7% | $103.3M | 50.1% |
| Q3 FY2024 | $198.4M | +23.7% | $23.5M | 11.8% |
| Q2 FY2024 | $186.7M | +24.6% | $24.1M | 12.9% |
| Q1 FY2024 | $179.0M | +35.3% | $18.8M | 10.5% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $179.0M | $186.7M | $198.4M | $206.3M | $211.4M | $219.5M | $229.2M | $240.8M |
| YoY Growth | 35.3% | 24.6% | 23.7% | 20.7% | 18.1% | 17.5% | 15.5% | 16.7% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.02B | $982.4M | $858.6M | $1.19B | $1.11B | $1.18B | $1.13B | $1.30B |
| Liabilities | $747.8M | $754.1M | $677.5M | $957.0M | $985.3M | $1.05B | $959.7M | $1.10B |
| Equity | $165.9M | $153.5M | $129.0M | $198.4M | $116.7M | $121.3M | $148.6M | $177.7M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $80.3M | $114.6M | $-35.9M | $136.6M | $98.3M | $123.0M | $-47.3M | $198.4M |