Clear Secure, Inc. (YOU)

Clear Secure Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	835.53	770.49	613.58	437.43	253.95	230.8
Revenue Growth (YoY)	19.85%	25.57%	40.27%	72.25%	10.03%	20.03%
Cost of Revenue	309.43	283.45	233.97	161.05	104.94	73.72
Gross Profit	526.1	487.04	379.61	276.38	149.02	157.08
Selling, General & Admin	276.57	266.32	263.92	318.83	204.1	134.55
Research & Development	74.37	73.35	74.44	66.8	47.49	32.04
Operating Expenses	378.18	366.15	360.01	404.42	263.95	176.01
Operating Income	147.93	120.89	19.6	-128.04	-114.93	-18.93
Interest Expense	-	-	-	-	-0.35	-
Interest & Investment Income	26.3	32.51	29.01	6.59	-	0.61
Other Non Operating Income (Expenses)	-88.09	-88.35	4.93	7.03	4.91	9.02
EBT Excluding Unusual Items	86.13	65.05	53.54	-114.43	-110.37	-9.29
Merger & Restructuring Charges	-	-	-0.46	-	-	-
Asset Writedown	-0.72	-0.72	-4.98	-3.07	-4.57	-
Other Unusual Items	1.2	2.3	2.5	-	-	-
Pretax Income	81.89	66.63	50.61	-117.5	-114.94	-9.29
Income Tax Expense	-149.17	-158.65	0.72	-2.06	0.23	0.02
Earnings From Continuing Operations	231.05	225.27	49.89	-115.44	-115.17	-9.31
Minority Interest in Earnings	-54.18	-55.6	-21.78	49.86	79.09	-
Net Income	176.88	169.68	28.11	-65.57	-36.08	-9.31
Net Income to Common	176.88	169.68	28.11	-65.57	-36.08	-9.31
Net Income Growth	144.83%	503.66%	-	-	-	-
Shares Outstanding (Basic)	95	94	91	82	77	7
Shares Outstanding (Diluted)	146	145	92	82	77	7
Shares Change (YoY)	56.40%	57.73%	11.56%	7.27%	1033.89%	-
EPS (Basic)	1.86	1.81	0.31	-0.80	-0.47	-1.38
EPS (Diluted)	1.59	1.56	0.31	-0.80	-0.48	-1.38
EPS Growth	105.20%	408.65%	-	-	-	-
Free Cash Flow	305.14	283.67	199.48	136.95	41.56	-28.84
Free Cash Flow Per Share	2.09	1.96	2.18	1.67	0.54	-4.27
Dividend Per Share	0.475	0.415	0.160	-	-	-
Dividend Growth	35.71%	159.38%	-	-	-	-
Gross Margin	62.97%	63.21%	61.87%	63.18%	58.68%	68.06%
Operating Margin	17.70%	15.69%	3.19%	-29.27%	-45.26%	-8.20%
Profit Margin	21.17%	22.02%	4.58%	-14.99%	-14.21%	-4.03%
Free Cash Flow Margin	36.52%	36.82%	32.51%	31.31%	16.36%	-12.50%
EBITDA	162	134.25	32.94	-116.93	-107.99	-13.25
EBITDA Margin	19.39%	17.42%	5.37%	-26.73%	-42.52%	-5.74%
D&A For EBITDA	14.08	13.36	13.34	11.12	6.94	5.68
EBIT	147.93	120.89	19.6	-128.04	-114.93	-18.93
EBIT Margin	17.70%	15.69%	3.19%	-29.27%	-45.26%	-8.20%
Effective Tax Rate	-	-	1.43%	-	-	-

Updated Aug 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q