Clear Secure, Inc.

Clear Secure, Inc.

YOUยทNYSE

$56.08

-2.4%
TechnologySoftware - Application

Clear Secure, Inc. provides a member-centric secure identity platform in the United States. The company's secure identity platform is a multi-layered infrastructure consisting of front-end, including enrollment, verification, and linking. It 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 app, a consumer-facing digital product that facilitates new user enrollment and member engagement from their mobile device. In addition, the company provides Reserve powered by CLEAR, a virtual queuing technology that provides users with the choice of how they queue either at home or on the move; and Atlas Certified, an automated solution to verify professional licenses and certification data across industries by communicating with certifying organizations for on-demand, current, and trusted data. The company was founded in 2010 and is headquartered in New York, New York.

At a Glance

Live Snapshot
Market Cap$5.64B
EPS1.1400
P/E Ratio49.19
Earnings Date08/04/2026
3Y+121.0%
5Y-3119.0%
10Y+2147.0%
3Y-73.0%
5Y+350.0%
10Y+277.0%
3Y+427.0%
5Y+308.0%
10Y-243.0%
YOU

Clear Secure, Inc. Cash Conversion Engine

YOU ยท NYSE
Net Income243.99M
Depreciation & Amortization34.62M
Stock-Based Compensation38.93M
Change in Working Capital96.73M
Others-66.21M
Capital Expenditures-29.34M
Free Cash Flow343.11M

Cash Flow Quality Analysis

FCF Conversion Rate

140.6%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

7.9%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+21.0%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$96.73M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

Clear Secure, Inc. Cash Flow Statement

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Clear Secure, Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
OPERATING ACTIVITIES
244M
225.3M
49.9M
-115.4M
-115.2M
-9.3M
-54.2M
34.6M
26.5M
21.6M
18.8M
12.4M
9.4M
7.3M
24.4M
-165.8M
-722K
-2.5M
0.0
0.0
0.0
38.9M
35.3M
37.3M
138.5M
36.5M
3.4M
14.7M
-66.2M
213K
-2M
4.3M
18.4M
1.1M
3.5M
96.7M
174.1M
118.9M
124.6M
117.6M
-17M
45.3M
372.5M
295.7M
225M
168.3M
69.7M
-12.3M
16.6M
INVESTING ACTIVITIES
-29.3M
-12M
-25.6M
-31.9M
-28.1M
-16.9M
-14.7M
(0.0)
(0.0)
-3.8M
(545K)
-75.8M
-424K
(0.0)
-747.6M
-972.1M
-958.7M
-1.5B
-988M
-170.6M
-101.1M
677.2M
1.1B
973M
1.1B
689.6M
166.2M
90.5M
2.7M
-318K
-580K
-545K
-822K
174K
-502K
-97.1M
(113.8M)
-15.5M
-359.6M
-403.2M
-21.6M
-25.8M
FINANCING ACTIVITIES
-126.3M
-272.9M
-69.7M
-5.2M
505.4M
-62.4M
180.4M
-91.9M
-93.4M
-125.2M
-38.1M
(0.0)
(0.0)
(0.0)
-126.3M
-272.9M
-69.7M
-5.2M
-11.7M
-210.3M
-12.1M
-39.1M
-35.3M
-21.1M
-5.6M
-2M
-652K
0.0
-257.3M
-401.5M
-216M
-48.9M
503.4M
-63M
180.4M
CASH FLOW SUMMARY
127K
40K
-1K
-85K
133K
0.0
0.0
18.2M
7.9M
-6.5M
-240.2M
170M
-97M
171.2M
70.3M
62.4M
68.9M
309.1M
139.1M
236.1M
64.9M
88.5M
70.3M
62.4M
68.9M
309.1M
139.1M
236.1M
343.1M
283.7M
198.9M
136.4M
40.7M
-29.3M
1.4M

SEC Filings

YOU - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 06, 2026
May 06, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 06, 2026
March 31, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 22, 2026
June 10, 2026
2026
8-K

8-K 2026

N/A

March 19, 2026
March 19, 2026
2026
10-K

10-K 2025 FY

FY

February 25, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 25, 2026
February 25, 2026
2026
10-Q

10-Q 2025 Q3

Q3

November 06, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

November 06, 2025
November 06, 2025
2025
8-K

8-K 2025

N/A

August 05, 2025
August 05, 2025
2025
10-Q

10-Q 2025 Q2

Q2

August 05, 2025
June 30, 2025
2025
Showing 1 to 10 of 63 filings