Clear Secure Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	238.17	225.27	49.89	-115.44	-115.17	-9.31
Depreciation & Amortization	27.7	26.48	21.65	18.79	12.36	9.42
Stock-Based Compensation	35.98	35.34	37.29	138.5	36.51	3.43
Other Adjustments	-140.17	-165.56	-2.74	1.85	18.4	1.13
Change in Receivables	-1.16	0.02	0.64	4.16	-4.21	0.2
Changes in Accounts Payable	-3.49	2.2	4.53	-0.75	1.45	0.4
Changes in Accrued Expenses	111.12	120.96	33.71	34.98	50.05	-1.75
Changes in Unearned Revenue	52.72	63.5	92.8	94.89	87.02	-19.8
Changes in Other Operating Activities	-13	-12.53	-12.74	-8.67	-16.7	3.94
Operating Cash Flow	310.64	295.68	225.03	168.31	69.71	-12.34
Operating Cash Flow Growth	22.69%	31.39%	33.70%	141.45%	-	-
Capital Expenditures	-21.07	-12.01	-25.56	-31.36	-28.15	-16.5
Purchases of Intangible Assets	-	-0.32	-0.58	-0.55	-0.82	-0.42
Purchases of Investments	-744.45	-972.1	-958.66	-1,463	-987.97	-170.88
Proceeds from Sale of Investments	801.59	1,098	973.03	1,135	689.57	166.22
Payments for Business Acquisitions	-	-	-3.75	-	-75.83	-
Proceeds from Business Divestments	1.35	-	-	-	-	-
Investing Cash Flow	38.77	113.78	-15.51	-359.59	-403.2	-21.58
Issuance of Common Stock	-	-	-	-	519.98	147.94
Repurchase of Common Stock	-174.11	-272.92	-69.67	-4.9	-11.74	-210.34
Net Common Stock Issued (Repurchased)	-174.11	-272.92	-69.67	-4.9	508.23	-62.4
Common Dividends Paid	-85.78	-68.23	-82.52	-21.84	-	-
Other Financing Activities	-59.4	-60.4	-63.81	-22.13	-4.83	-0.65
Financing Cash Flow	-307.27	-401.55	-216.01	-48.87	503.4	-63.05
Effect of Exchange Rate Changes on Cash and Cash Equivalents	0.09	0.04	-0	-0.09	0.13	-
Net Cash Flow	42.15	7.91	-6.48	-240.16	169.91	-96.97
Free Cash Flow	289.58	283.67	199.48	136.95	41.56	-28.84
Free Cash Flow Growth	2.08%	42.20%	45.66%	229.53%	-	-
FCF Margin	33.43%	36.82%	32.51%	31.31%	16.36%	-12.50%
Free Cash Flow Per Share	2.87	2.40	2.20	1.69	0.55	-0.38
Levered Free Cash Flow	335.68	358.28	142.51	42.31	69.95	-33.59
Unlevered Free Cash Flow	-1.64	18.46	134.82	-23.45	-8.67	-43.18

Updated Feb 25, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q