Clear Secure, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $900.8M | $770.5M | $613.6M | $437.4M | $254.0M |
| Research and development | $72.4M | $73.4M | $74.4M | $66.8M | $47.5M |
| Operating income | $186.5M | $123.2M | $20.1M | -$129.1M | -$114.9M |
| Pretax income | $206.1M | $66.6M | $50.6M | -$117.5M | -$114.9M |
| Income tax expense | $37.9M | -$158.6M | $724,000 | -$2.1M | $233,000 |
| Net income | $109.2M | $169.7M | $28.1M | -$65.6M | -$36.1M |
| Balance Sheet | |||||
| Cash and equivalents | $85.7M | $66.9M | $57.9M | $38.9M | $280.1M |
| Current assets | $764.6M | $662.2M | $770.0M | $741.6M | $653.1M |
| Total assets | $1.3B | $1.2B | $1.0B | $1.0B | $812.8M |
| Current liabilities | $759.9M | $643.1M | $552.0M | $397.5M | $264.6M |
| Total liabilities | $1.1B | $957.0M | $675.8M | $526.6M | $273.3M |
| Stockholders' equity | $177.7M | $198.4M | $233.3M | $291.1M | $277.6M |
| Cash Flow Statement | |||||
| Cash from operations | $372.5M | $295.7M | $225.0M | $168.3M | $69.7M |
| Depreciation and amortization | $34.6M | $26.5M | $21.6M | $18.8M | $12.4M |
| Stock-based compensation | $38.9M | $35.3M | $37.3M | $138.5M | $36.5M |
| Capital expenditure | $29.3M | $12.0M | $25.6M | $31.4M | $28.1M |
| Free cash flow | $343.1M | $283.7M | $199.5M | $136.9M | $41.6M |
| Dividends paid | $47.8M | $39.4M | $14.5M | $0 | $0 |
| Share repurchases | $126.3M | $272.9M | $69.7M | $4.9M | $11.7M |
| Impairments | $0 | $723,000 | $5.0M | $3.1M | $4.6M |
Shares outstanding 133.6M · Free float 24.4%
Annual filing data through FY ended December 31, 2025; float as of July 16, 2026.