Clear Secure financials
$41.22+2.13%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 |
|---|---|---|---|---|---|
| Revenue | $900.8M | $770.5M | $613.6M | $437.4M | $254.0M |
| Gross profit | $772.9M | $662.4M | $524.9M | $276.4M | $149.0M |
| Gross margin | 85.8% | 86.0% | 85.6% | 63.2% | 58.7% |
| Operating income | $186.5M | $123.2M | $20.1M | -$129.1M | -$114.9M |
| Net income | $108.6M | $168.1M | $27.8M | -$65.6M | -$36.1M |
| Net margin | 12.1% | 21.8% | 4.5% | −15.0% | −14.2% |
| Diluted EPS | $1.12 | $1.56 | $0.31 | $-0.80 | $-0.48 |
| EBITDA | $221.1M | $149.7M | $41.8M | -$110.3M | -$102.6M |
| Operating cash flow | $372.5M | $295.7M | $225.0M | $168.3M | $69.7M |
| Free cash flow | $343.1M | $283.7M | $199.5M | $136.9M | $41.6M |
| Diluted shares | 97.3M | 118.1M | 90.7M | 82.1M | 76.6M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|
| Cash & equivalents | $85.7M | $66.9M | $57.9M | $38.9M | $280.1M |
| Short-term investments | $614.4M | $542.6M | $665.2M | $665.8M | $335.2M |
| Total debt | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total assets | $1.30B | $1.19B | $1.05B | $1.04B | $812.8M |
| Total liabilities | $1.10B | $957.0M | $675.8M | $526.6M | $273.3M |
| Shareholders' equity | $204.4M | $237.9M | $369.2M | $510.9M | $539.5M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology