Clear Secure, Inc. logo

Clear Secure, Inc.

YOU

NYSETechnologySoftware - Application

Previous close

$43.29

+$0.39 · +0.91%

Aug 21, 4:00 PM ET

YOU company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

73

Undervalued

Momentum

54

Neutral

Sentiment

64

Bullish

Risk resilience

62

Moderate Risk

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Company profile

Company website

Clear Secure, Inc. (YOU) operates within the United States, specializing in a secure, identity-verification platform primarily for its members. This sophisticated, multi-layered system handles identity enrollment, verification, and linking processes. Among its offerings is CLEAR Plus, a subscription service for air travelers designed to streamline airport security checks, providing members with more predictable and expedited access to security lanes and a wider network of services. Complementing this is the CLEAR app, a mobile application enabling new users to enroll and existing members to engage with the service conveniently from their personal devices. Furthermore, the company developed Reserve powered by CLEAR, an innovative virtual queuing solution that empowers individuals to manage their waiting times flexibly, whether they're at home or on the go. Its portfolio also includes Atlas Certified, an automated service designed to validate professional licenses and certifications across various sectors by directly interfacing with certifying bodies to provide reliable, up-to-date data on demand. Established in 2010, Clear Secure maintains its corporate headquarters in New York, New York.

Industry
Software - Application
Sector
Technology
Headquarters
US
CEO
Caryn Gail Seidman-Becker
Listed since
Jun 30, 2021
Employees
3,301

Market position

Day range

Current $43.29

52-week range

Current $43.29

Open
$42.92
Previous close
$42.90
Volume
1.04M
0.68× average
Average volume
1.53M
Average daily volume
Market cap
4.36B USD
Beta
1.05
Market reference 1
50-day average
$52.4184
-17.41% below average
200-day average
$45.9089
-5.70% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
28.67×
P/B (TTM)
21.14×
P/S (TTM)
4.35×
Dividend yield
1.73%

Profitability & efficiency

Gross margin
90.02%
Operating margin
25.13%
Net margin
14.78%

Financial health

Debt / equity
0.53×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends99%46%-6%-58%Gross margin, FY2021: 58.68%Gross margin, FY2022: 63.18%Gross margin, FY2023: 62.28%Gross margin, FY2024: 63.51%Gross margin, FY2025: 85.81%Operating margin, FY2021: -45.26%Operating margin, FY2022: -29.50%Operating margin, FY2023: 3.28%Operating margin, FY2024: 15.99%Operating margin, FY2025: 20.70%Net margin, FY2021: -14.21%Net margin, FY2022: -14.99%Net margin, FY2023: 4.58%Net margin, FY2024: 22.02%Net margin, FY2025: 12.12%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 58.68%. Gross margin FY2022 63.18%. Gross margin FY2023 62.28%. Gross margin FY2024 63.51%. Gross margin FY2025 85.81%. Operating margin FY2021 -45.26%. Operating margin FY2022 -29.50%. Operating margin FY2023 3.28%. Operating margin FY2024 15.99%. Operating margin FY2025 20.70%. Net margin FY2021 -14.21%. Net margin FY2022 -14.99%. Net margin FY2023 4.58%. Net margin FY2024 22.02%. Net margin FY2025 12.12%.

Income trends

Revenue

900.78M USD+16.91%

Operating income

186.48M USD+51.37%

Net income

109.17M USD-35.66%
Income trends across reported periods1B USD591.83M USD179.89M USD−232.05M USDRevenue, FY2021: 253.95M USDRevenue, FY2022: 437.43M USDRevenue, FY2023: 613.58M USDRevenue, FY2024: 770.49M USDRevenue, FY2025: 900.78M USDOperating income, FY2021: −114.93M USDOperating income, FY2022: −129.06M USDOperating income, FY2023: 20.14M USDOperating income, FY2024: 123.19M USDOperating income, FY2025: 186.48M USDNet income, FY2021: −36.08M USDNet income, FY2022: −65.57M USDNet income, FY2023: 28.11M USDNet income, FY2024: 169.68M USDNet income, FY2025: 109.17M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 253.95M USD. Revenue FY2022 437.43M USD. Revenue FY2023 613.58M USD. Revenue FY2024 770.49M USD. Revenue FY2025 900.78M USD. Operating income FY2021 −114.93M USD. Operating income FY2022 −129.06M USD. Operating income FY2023 20.14M USD. Operating income FY2024 123.19M USD. Operating income FY2025 186.48M USD. Net income FY2021 −36.08M USD. Net income FY2022 −65.57M USD. Net income FY2023 28.11M USD. Net income FY2024 169.68M USD. Net income FY2025 109.17M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue900.78M USD770.49M USD613.58M USD437.43M USD253.95M USD
Cost of goods sold127.85M USD281.15M USD231.47M USD161.05M USD104.94M USD
Gross profit772.93M USD489.34M USD382.11M USD276.38M USD149.02M USD
Research and development72.38M USD73.35M USD74.44M USD66.8M USD47.49M USD
Selling, general, and administrative286.83M USD266.32M USD265.88M USD319.85M USD204.1M USD
Operating expenses586.45M USD366.15M USD361.97M USD405.44M USD263.95M USD
Interest income24.38M USD32.51M USD29.01M USD6.59M USD
Interest expense349K USD
Depreciation and amortization34.62M USD26.48M USD21.65M USD18.79M USD12.36M USD
Operating income186.48M USD123.19M USD20.14M USD−129.06M USD−114.93M USD
Net income109.17M USD169.68M USD28.11M USD−65.57M USD−36.08M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
82%
9 beats, 1 miss, 1 met estimate
Average EPS surprise
+33.93%
11 comparable reports
Latest EPS result
0.49
Estimate 0.4 · Beat by 23.52%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.950.70.450.2Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26MetQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 26, 2025: actual 0.9, estimate 0.28, surprise +221.43%, Beat. Q2 2025, reported May 8, 2025: actual 0.32, estimate 0.3, surprise +6.67%, Beat. Q3 2025, reported Aug 5, 2025: actual 0.26, estimate 0.23, surprise +13.04%, Beat. Q4 2025, reported Nov 6, 2025: actual 0.29, estimate 0.27, surprise +7.41%, Beat. Q1 2026, reported Feb 25, 2026: actual 0.31, estimate 0.31, surprise 0.00%, Met estimate. Q2 2026, reported May 6, 2026: actual 0.38, estimate 0.35, surprise +8.57%, Beat. Q3 2026, reported Aug 5, 2026: actual 0.49, estimate 0.397, surprise +23.52%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate 0.43, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates297.42M263.22M229.03M194.83MQ1 '25MissQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 26, 2025: actual 206.27M USD, estimate 208.02M USD, surprise -0.84%, Miss. Q2 2025, reported May 8, 2025: actual 211.37M USD, estimate 213.33M USD, surprise -0.92%, Miss. Q3 2025, reported Aug 5, 2025: actual 219.47M USD, estimate 215.03M USD, surprise +2.07%, Beat. Q4 2025, reported Nov 6, 2025: actual 229.19M USD, estimate 224.92M USD, surprise +1.90%, Beat. Q1 2026, reported Feb 25, 2026: actual 240.75M USD, estimate 235.73M USD, surprise +2.13%, Beat. Q2 2026, reported May 6, 2026: actual 253M USD, estimate 244.38M USD, surprise +3.53%, Beat. Q3 2026, reported Aug 5, 2026: actual 277.76M USD, estimate 269.71M USD, surprise +2.98%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate 285.98M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$61.75

42.64% upside
Past 12 months12-month forecastHigh $70.00Average $61.75Low $55.00

YOU peers

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