Clear Secure Inc

Clear Secure Inc

YOU · NYSE · Technology / Software - Application

57.21USD+0.42 (+0.74%)

Price History

Full chart

Market Stats

Previous Close56.79
Open57.45
Day Range56.87 – 58.99
52-Week Range30.55 – 68.83
Volume976.19K
Market Cap8.57B
P/E (TTM)33.41
Forward P/E0.00
EPS1.70
Dividend Yield1.06%
Beta0.92
50-Day Avg44.86
200-Day Avg48.60

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 has a strategic collaboration with Samsung Electronics America, Inc. for the development of Samsung ID with CLEAR, a digital ID solution that allows users to add a US passport to Samsung Wallet and verify their identity. The company was founded in 2010 and is headquartered in New York, New York. Clear Secure, Inc. is a subsidiary of Alclear Investments, Llc.

Company Details

  • SectorTechnology
  • IndustrySoftware - Application
  • CEOMs. Caryn Gail Seidman-Becker
  • Employees3.30K
  • Headquarters85 10th Avenue, New York, NY, United States, 10011, USA
  • Websitehttps://www.clearme.com

Leadership

  • Ms. Caryn Gail Seidman-BeckerChairman & CEO · b. 1973
  • Ms. Jennifer HsuChief Financial Officer · b. 1988
  • Mr. Michael Zubrow BarkinAdvisor · b. 1978
  • Mr. Dennis W. LiuChief Accounting Officer · b. 1984
  • Mr. Jonathan SchlegelChief Security Officer · b. 1979
  • Emma Barnett BaumanSenior VP & Secretary

Financials

Income Statement

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue192.28M230.80M253.95M437.43M613.58M770.49M900.78M
Growth (%)-+20.03%+10.03%+72.25%+40.27%+25.57%+16.91%
Cost of Revenue92.32M73.72M104.94M161.05M231.47M281.15M320.46M
Gross Profit99.97M157.08M149.02M276.38M382.11M489.34M580.32M
Gross Margin51.99%68.06%58.68%63.18%62.28%63.51%64.42%
Operating Expense156.13M176.01M263.95M405.44M361.97M366.15M393.84M
Operating Income-56.16M-18.93M-114.93M-129.06M20.14M123.19M186.48M
Operating Margin-29.21%-8.20%-45.26%-29.50%3.28%15.99%20.70%
EBITDA-48.85M-9.51M-102.23M-98.71M72.26M93.11M240.69M
EBITDA Margin-25.40%-4.12%-40.26%-22.56%11.78%12.08%26.72%
Net Income-54.22M-9.31M-36.08M-65.57M28.11M169.68M109.17M
Net Income Margin-28.20%-4.03%-14.21%-14.99%4.58%22.02%12.12%
R&D21.22M32.04M47.49M66.80M74.44M73.35M72.38M
R&D as % of Total Revenue11.04%13.88%18.70%15.27%12.13%9.52%8.04%
Interest Expense09.63M349.00K6.59M29.01M--
Interest Expense % of Total Revenue0.00%4.17%0.14%1.51%4.73%--

Balance Sheet

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets318.87M232.27M812.75M1.04B1.05B1.19B1.30B
Total Liabilities166.97M149.91M273.28M526.60M675.78M956.99M1.10B
Total Equity151.90M82.36M277.61M291.06M233.33M198.35M177.73M
Cash213.88M116.23M280.11M38.94M57.90M66.89M85.73M
Total Debt---130.11M127.38M121.25M-
Net Debt-213.88M-116.23M-280.11M91.17M69.48M54.36M-85.73M

Cash Flow

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow16.57M-12.34M69.71M168.31M225.03M295.68M372.45M
Investing Cash Flow-25.78M-21.58M-403.20M-359.59M-15.51M113.78M-97.10M
Financing Cash Flow180.36M-63.05M503.40M-48.87M-216.01M-401.55M-257.33M
Capital Expenditure15.18M16.93M28.97M31.91M26.14M12.01M29.34M
Free Cash Flow1.39M-29.26M40.74M136.40M198.90M283.67M343.11M
Dividends Paid16.25M16.25M16.25M21.84M125.19M93.37M91.88M
FCF to OCF8.39%237.19%58.44%81.04%88.39%95.94%92.12%
Dividend Paid to FCF1169.06%-55.53%39.89%16.01%62.94%32.91%26.78%

Earnings

Report DateMar 31, 2021Jun 2, 2021Aug 16, 2021Nov 15, 2021Mar 23, 2022May 16, 2022Aug 15, 2022Nov 14, 2022Mar 2, 2023May 9, 2023Aug 2, 2023Nov 8, 2023Feb 28, 2024May 8, 2024Aug 6, 2024Nov 7, 2024Feb 26, 2025May 8, 2025Aug 5, 2025Nov 6, 2025Feb 25, 2026May 6, 2026Aug 5, 2026Nov 4, 2026Nov 5, 2026
EPS Estimate0.00-0.15-0.23-0.19-0.24-0.07-0.04-0.010.040.040.070.120.160.170.260.330.290.300.340.330.280.360.400.490.49
EPS Actual-1.89-0.16-0.37-0.04-0.09-0.03-0.090.050.140.060.150.210.170.280.340.300.900.340.360.370.310.470.490.52-
Surprise--6.67%-60.87%78.95%62.50%57.14%-122.25%600.00%250.00%50.00%114.29%75.00%6.25%64.71%30.77%-9.09%210.34%13.33%5.88%12.12%10.71%30.56%22.50%6.12%-
Timing--Pre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap8.57B
Enterprise Value5.00B
Trailing P/E33.41
Forward P/E0.00
Price / Sales8.05
Price / Book45.92
EPS1.70
Book Value1.21
Revenue (TTM)1.06B
Gross Profit (TTM)718.00M
EBITDA304.96M
Profit Margin16.23%
Operating Margin26.48%
Return on Equity169.04%
Return on Assets14.75%
Shares Outstanding99.62M
Shares Float88.54M
Beta0.92
Dividend Yield1.06%
Dividend Rate0.60
Payout Ratio44.69%

Analyst Ratings

Buy
Based on 6 analystsTarget 69.67
  • Strong Buy
    2
  • Buy
    2
  • Hold
    1
  • Strong Sell
    1

Ownership Breakdown

Institutions
102.90%
Insiders
7.56%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    15.91M15.97%
  • Vanguard Portfolio Management, LLC
    7.77M7.80%
  • Vanguard Capital Management, LLC
    4.26M4.27%
  • State Street Corp
    3.70M3.71%
  • Renaissance Technologies Corp
    3.28M3.29%
  • Geode Capital Management, LLC
    2.99M3.00%
  • The Goldman Sachs Group Inc
    2.84M2.85%
  • Arrowstreet Capital Limited Partnership
    2.68M2.69%
  • First Trust Advisors L.P.
    2.59M2.60%
  • Morgan Stanley - Brokerage Accounts
    2.57M2.58%
  • D. E. Shaw & Co LP
    2.44M2.45%
  • FMR Inc
    2.37M2.38%
  • Copeland Capital Management, LLC
    1.76M1.77%
  • Dimensional Fund Advisors, Inc.
    1.76M1.77%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    5.76M5.78%
  • Vanguard MStar Total Stk Mkt Idx Invest
    2.93M2.94%
  • iShares Russell 2000 ETF
    2.42M2.43%
  • First Trust SMID Cp Rising Div Achv ETF
    2.12M2.13%
  • Vanguard Small Cap Index
    2.08M2.09%
  • Vanguard Information Technology ETF
    1.85M1.86%

Dividends

20263×
0.15Sep 10, 20260.15Jun 10, 20260.35Mar 10, 2026
20254×
0.13Dec 10, 20250.13Sep 10, 20250.13Jun 10, 20250.13Mar 10, 2025
20245×
0.13Dec 10, 20240.10Sep 10, 20240.10Jun 10, 20240.32Mar 28, 20240.09Feb 23, 2024
20233×
0.55Nov 15, 20230.07Aug 10, 20230.20May 17, 2023
20221×
0.25Nov 25, 2022