Clear Secure (YOU) Q4 2025 Earnings Transcript
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 25 2026
0mins
Should l Buy YOU?
Source: NASDAQ.COM
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Analyst Views on YOU
Wall Street analysts forecast YOU stock price to fall
8 Analyst Rating
6 Buy
1 Hold
1 Sell
Moderate Buy
Current: 48.920
Low
25.00
Averages
38.71
High
45.00
Current: 48.920
Low
25.00
Averages
38.71
High
45.00
About YOU
Clear Secure, Inc. is a secure identity company. Its secure identity platform is a multi-layered infrastructure consisting of both its front-end, including enrollment, verification and linking and its robust, secure, and scalable backend. It confirms identity on an opt-in basis using document authentication, biometric capture technology, liveness detection for anti-spoofing technologies, biometric matching, and other proprietary technologies to link an individual’s identity with their biometrics. It offers CLEAR Plus, TSA PreCheck Enrollment Provided by CLEAR, CLEAR app, CLEAR Mobile, CLEAR Plus Members, and CLEAR1. CLEAR Plus is its consumer aviation subscription service, which enables access to predictable and fast experiences through dedicated entry lanes in airport security checkpoints across the nation as well as access to its broader network. CLEAR app offers consumer products, including Home to Gate, a feature to help travelers plan their trip to the airport.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Software Stocks Diverge: Some Companies Defy Downtrend
- Diverging Software Performance: Major software companies like Salesforce, Intuit, and Adobe have seen stock prices drop over 50% from their all-time highs, reflecting the severe impact of AI disruption and diminishing investor confidence in the software sector.
- Strong Momentum Stocks: Despite the overall market downturn, companies like Teradata, Arteris, and Clear Secure have scored above 80 on Benzinga Edge's Momentum Score, indicating strong market momentum that could lead to greater gains if the sector rebounds.
- Arteris Price Breakout: The earnings report for Arteris caused its stock to break above the 50-day SMA for the first time since mid-January, accompanied by a bullish MACD crossover, suggesting a relatively strong performance in the software industry with potential for further upside.
- Mitek Systems Recovery: Mitek's positive earnings report has pushed its stock back above the 50-day SMA, with a year-to-date increase of over 35%, and if the fundamental and technical trends hold, MITK shares could see additional gains ahead.
See More
Zacks Updates Strong Buy Stock List with Five New Additions
- Aura Minerals Growth Potential: Aura Minerals Inc., focused on gold and base metal projects in the Americas, has seen its current year earnings Zacks consensus estimate increase by 48.6% over the last 60 days, indicating strong profitability and market confidence.
- Universal Insurance Performance Boost: Universal Insurance Holdings has experienced a 19.8% increase in its current year earnings Zacks consensus estimate over the past 60 days, reflecting robust growth in its insurance underwriting and claims business, which enhances investor confidence in its future performance.
- CLEAR Secure Earnings Outlook: CLEAR Secure, Inc. has seen a 13.4% increase in its current year earnings Zacks consensus estimate over the last 60 days, showcasing the appeal of its innovative platform that connects users to their wallet cards and its potential profitability in the market.
- Sezzle Inc. Growth Prospects: Sezzle Inc., a purpose-driven digital payments company, has seen its current year earnings Zacks consensus estimate rise by 7.1% over the last 60 days, demonstrating the popularity of its interest-free installment plans in the e-commerce sector and the strong market demand.
See More
CLEAR Launches Reimagined Travel App for Seamless Experience
- App Upgrade: CLEAR has launched a reimagined CLEAR App designed to provide users with a seamless travel experience from home to gate, featuring a new interface that reflects the frictionless feeling of the CLEAR+ Lane, enhancing user satisfaction.
- Precise Departure Timing: The app's upgraded 'Know When to Leave' feature accurately informs users when to leave home to ensure timely arrival at the gate, allowing users to better control their travel schedules.
- One-Stop Service: Users can reserve Uber rides and book CLEAR Concierge services through the new app, integrating multiple services into one platform, simplifying the travel preparation process and enhancing the overall travel experience.
- Future Feature Outlook: CLEAR CEO Caryn Seidman Becker stated that more new features, such as live activities and real-time wayfinding through the airport, will be introduced in the future, further enhancing user convenience and satisfaction during travel.
See More
CLEAR Launches Reimagined Travel App for Seamless Experience
- App Upgrade: CLEAR has launched a reimagined CLEAR App designed to provide users with a seamless travel experience from home to gate, enhancing user satisfaction and strengthening market competitiveness.
- Personalized Features: The new app's 'Know When to Leave' feature accurately informs users when to depart based on their travel preferences, airport patterns, and traffic conditions, thereby improving travel efficiency and user experience.
- One-Stop Service: Users can reserve Uber rides and book CLEAR Concierge VIP services through the new app, simplifying travel preparations and further enhancing user experience while increasing customer loyalty.
- Future Developments: CLEAR's CEO stated that more new features, such as real-time navigation and live activities, will be introduced in the future to further enhance user travel experiences and solidify CLEAR's leadership in the secure identity sector.
See More
Clear Secure Declares 20% Dividend Increase and Special Cash Dividend
- Quarterly Dividend Increase: Clear Secure has raised its quarterly dividend from $0.13 to $0.15 per share, marking a 20% increase that reflects the company's robust financial health and is likely to boost investor confidence, attracting more long-term shareholders.
- Special Cash Dividend: The company also declared a special cash dividend of $0.20 per share, enhancing shareholder returns, with payment scheduled for March 24 and a record date of March 10, demonstrating the company's commitment to its shareholders and financial flexibility.
- Strong Financial Performance: Clear Secure reported a GAAP EPS of $0.31, beating expectations by $0.01, with revenue of $240.8 million exceeding forecasts by $5.14 million, indicating the company's competitive strength and growth potential in the market.
- Future Cash Flow Target: The company has set a target of $440 million in free cash flow for 2026, reflecting its strategic commitment to expanding partnerships and enterprise growth, which is expected to provide strong support for future investments and shareholder returns.
See More
Clear Secure Reports Impressive 2025 Financial Results
- Significant Revenue Growth: Clear Secure reported fourth-quarter 2025 revenue of $240.8 million, reflecting a nearly 17% year-over-year increase, driven by a nearly 32% rise in its Clear security platform membership to 38 million, indicating strong demand in the airport security sector.
- Profitability Fluctuations: While GAAP net income fell to $46.5 million ($0.31 per share), nearly halving from the previous year, this was influenced by a one-time non-cash income tax benefit in Q4 2024; however, non-GAAP adjusted EBITDA rose from $50.5 million to $79.9 million, showcasing improved operational performance.
- Exceeding Market Expectations: Clear Secure surpassed analyst expectations for both revenue and GAAP net profit, with analysts forecasting an average revenue of $236 million and a net profit of $0.28 per share, demonstrating the company's competitive edge and growth potential in the market.
- Optimistic Future Outlook: The company provided guidance for Q1 2026 revenue between $242 million and $245 million, projecting a 15% growth at the midpoint, and expects free cash flow for the full year to reach at least $440 million, growing 28%, indicating ample growth opportunities amid the travel industry's recovery and heightened identity security awareness.
See More
Software Stocks Diverge: Some Companies Defy Downtrend
- Diverging Software Performance: Major software companies like Salesforce, Intuit, and Adobe have seen stock prices drop over 50% from their all-time highs, reflecting the severe impact of AI disruption and diminishing investor confidence in the software sector.
- Strong Momentum Stocks: Despite the overall market downturn, companies like Teradata, Arteris, and Clear Secure have scored above 80 on Benzinga Edge's Momentum Score, indicating strong market momentum that could lead to greater gains if the sector rebounds.
- Arteris Price Breakout: The earnings report for Arteris caused its stock to break above the 50-day SMA for the first time since mid-January, accompanied by a bullish MACD crossover, suggesting a relatively strong performance in the software industry with potential for further upside.
- Mitek Systems Recovery: Mitek's positive earnings report has pushed its stock back above the 50-day SMA, with a year-to-date increase of over 35%, and if the fundamental and technical trends hold, MITK shares could see additional gains ahead.
See More
Zacks Updates Strong Buy Stock List with Five New Additions
- Aura Minerals Growth Potential: Aura Minerals Inc., focused on gold and base metal projects in the Americas, has seen its current year earnings Zacks consensus estimate increase by 48.6% over the last 60 days, indicating strong profitability and market confidence.
- Universal Insurance Performance Boost: Universal Insurance Holdings has experienced a 19.8% increase in its current year earnings Zacks consensus estimate over the past 60 days, reflecting robust growth in its insurance underwriting and claims business, which enhances investor confidence in its future performance.
- CLEAR Secure Earnings Outlook: CLEAR Secure, Inc. has seen a 13.4% increase in its current year earnings Zacks consensus estimate over the last 60 days, showcasing the appeal of its innovative platform that connects users to their wallet cards and its potential profitability in the market.
- Sezzle Inc. Growth Prospects: Sezzle Inc., a purpose-driven digital payments company, has seen its current year earnings Zacks consensus estimate rise by 7.1% over the last 60 days, demonstrating the popularity of its interest-free installment plans in the e-commerce sector and the strong market demand.
See More
CLEAR Launches Reimagined Travel App for Seamless Experience
- App Upgrade: CLEAR has launched a reimagined CLEAR App designed to provide users with a seamless travel experience from home to gate, featuring a new interface that reflects the frictionless feeling of the CLEAR+ Lane, enhancing user satisfaction.
- Precise Departure Timing: The app's upgraded 'Know When to Leave' feature accurately informs users when to leave home to ensure timely arrival at the gate, allowing users to better control their travel schedules.
- One-Stop Service: Users can reserve Uber rides and book CLEAR Concierge services through the new app, integrating multiple services into one platform, simplifying the travel preparation process and enhancing the overall travel experience.
- Future Feature Outlook: CLEAR CEO Caryn Seidman Becker stated that more new features, such as live activities and real-time wayfinding through the airport, will be introduced in the future, further enhancing user convenience and satisfaction during travel.
See More
CLEAR Launches Reimagined Travel App for Seamless Experience
- App Upgrade: CLEAR has launched a reimagined CLEAR App designed to provide users with a seamless travel experience from home to gate, enhancing user satisfaction and strengthening market competitiveness.
- Personalized Features: The new app's 'Know When to Leave' feature accurately informs users when to depart based on their travel preferences, airport patterns, and traffic conditions, thereby improving travel efficiency and user experience.
- One-Stop Service: Users can reserve Uber rides and book CLEAR Concierge VIP services through the new app, simplifying travel preparations and further enhancing user experience while increasing customer loyalty.
- Future Developments: CLEAR's CEO stated that more new features, such as real-time navigation and live activities, will be introduced in the future to further enhance user travel experiences and solidify CLEAR's leadership in the secure identity sector.
See More
Clear Secure Declares 20% Dividend Increase and Special Cash Dividend
- Quarterly Dividend Increase: Clear Secure has raised its quarterly dividend from $0.13 to $0.15 per share, marking a 20% increase that reflects the company's robust financial health and is likely to boost investor confidence, attracting more long-term shareholders.
- Special Cash Dividend: The company also declared a special cash dividend of $0.20 per share, enhancing shareholder returns, with payment scheduled for March 24 and a record date of March 10, demonstrating the company's commitment to its shareholders and financial flexibility.
- Strong Financial Performance: Clear Secure reported a GAAP EPS of $0.31, beating expectations by $0.01, with revenue of $240.8 million exceeding forecasts by $5.14 million, indicating the company's competitive strength and growth potential in the market.
- Future Cash Flow Target: The company has set a target of $440 million in free cash flow for 2026, reflecting its strategic commitment to expanding partnerships and enterprise growth, which is expected to provide strong support for future investments and shareholder returns.
See More
Clear Secure Reports Impressive 2025 Financial Results
- Significant Revenue Growth: Clear Secure reported fourth-quarter 2025 revenue of $240.8 million, reflecting a nearly 17% year-over-year increase, driven by a nearly 32% rise in its Clear security platform membership to 38 million, indicating strong demand in the airport security sector.
- Profitability Fluctuations: While GAAP net income fell to $46.5 million ($0.31 per share), nearly halving from the previous year, this was influenced by a one-time non-cash income tax benefit in Q4 2024; however, non-GAAP adjusted EBITDA rose from $50.5 million to $79.9 million, showcasing improved operational performance.
- Exceeding Market Expectations: Clear Secure surpassed analyst expectations for both revenue and GAAP net profit, with analysts forecasting an average revenue of $236 million and a net profit of $0.28 per share, demonstrating the company's competitive edge and growth potential in the market.
- Optimistic Future Outlook: The company provided guidance for Q1 2026 revenue between $242 million and $245 million, projecting a 15% growth at the midpoint, and expects free cash flow for the full year to reach at least $440 million, growing 28%, indicating ample growth opportunities amid the travel industry's recovery and heightened identity security awareness.
See More
