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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	802.81	770.49	613.58	437.43	253.95	230.8
Revenue Growth (YoY)	21.59%	25.57%	40.27%	72.25%	10.03%	20.03%
Cost of Revenue	299.11	283.45	233.97	161.05	104.94	73.72
Gross Profit	503.7	487.04	379.61	276.38	149.02	157.08
Selling, General & Admin	269.93	266.32	263.92	318.83	204.1	134.55
Research & Development	72.25	73.35	74.44	66.8	47.49	32.04
Operating Expenses	369.09	366.15	360.01	404.42	263.95	176.01
Operating Income	134.61	120.89	19.6	-128.04	-114.93	-18.93
Interest Expense	-	-	-	-	-0.35	-
Interest & Investment Income	28.74	32.51	29.01	6.59	-	0.61
Other Non Operating Income (Expenses)	-88.34	-88.35	4.93	7.03	4.91	9.02
EBT Excluding Unusual Items	75	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	2.3	2.3	2.5	-	-	-
Pretax Income	76.58	66.63	50.61	-117.5	-114.94	-9.29
Income Tax Expense	-155.19	-158.65	0.72	-2.06	0.23	0.02
Earnings From Continuing Operations	231.77	225.27	49.89	-115.44	-115.17	-9.31
Minority Interest in Earnings	-55.49	-55.6	-21.78	49.86	79.09	-
Net Income	176.28	169.68	28.11	-65.57	-36.08	-9.31
Net Income to Common	176.28	169.68	28.11	-65.57	-36.08	-9.31
Net Income Growth	238.09%	503.66%	-	-	-	-
Shares Outstanding (Basic)	95	94	91	82	77	7
Shares Outstanding (Diluted)	146	145	92	82	77	7
Shares Change (YoY)	57.61%	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	182.03%	408.65%	-	-	-	-
Free Cash Flow	297.36	283.67	199.48	136.95	41.56	-28.84
Free Cash Flow Per Share	2.04	1.96	2.18	1.67	0.54	-4.27
Dividend Per Share	0.450	0.415	0.160	-	-	-
Dividend Growth	80.00%	159.38%	-	-	-	-
Gross Margin	62.74%	63.21%	61.87%	63.18%	58.68%	68.06%
Operating Margin	16.77%	15.69%	3.19%	-29.27%	-45.26%	-8.20%
Profit Margin	21.96%	22.02%	4.58%	-14.99%	-14.21%	-4.03%
Free Cash Flow Margin	37.04%	36.82%	32.51%	31.31%	16.36%	-12.50%
EBITDA	148.26	134.25	32.94	-116.93	-107.99	-13.25
EBITDA Margin	18.47%	17.42%	5.37%	-26.73%	-42.52%	-5.74%
D&A For EBITDA	13.65	13.36	13.34	11.12	6.94	5.68
EBIT	134.61	120.89	19.6	-128.04	-114.93	-18.93
EBIT Margin	16.77%	15.69%	3.19%	-29.27%	-45.26%	-8.20%
Effective Tax Rate	-	-	1.43%	-	-	-

Updated May 8, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q