---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-005721"
form_type: "8-K"
ticker: "YOU"
cik: "0001856314"
company_name: "Clear Secure, Inc."
filed_at: "2023-03-01T23:59:59+00:00"
generated_at: "2026-06-18T18:59:14.295524+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Clear Secure Q4 revenue $128.3M (+59% YoY); adjusted net income $21.0M

## Summary
- Revenue $128.3M (+59% YoY); Total Bookings $150.6M (+37.4%); Free Cash Flow $71.0M.
- Net loss $18.8M includes $24.2M non-cash equity comp; Adjusted net income $21.0M; Adjusted EBITDA $15.5M.
- Cumulative Enrollments 15.4M (+48.4%); Annual CLEAR Plus Net Member Retention 91.9% (down 40 bps YoY).
- Received TSA PreCheck ATO; renewed United Airlines partnership; entered healthcare with University of Miami Health System.
- Reached 51 CLEAR Plus airports; RESERVE powered by CLEAR live in 16 airports including Frankfurt and Rome.

## SEC filing metadata
- accession: 0001628280-23-005721
- form_type: 8-K
- ticker: YOU
- cik: 0001856314
- company_name: Clear Secure, Inc.
- filed_at: 2023-03-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1856314/000162828023005721/0001628280-23-005721-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1856314/000162828023005721/you-20230301.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-005721
- JSON: https://secwatch.observer/filing/0001628280-23-005721.json
- Plain text: https://secwatch.observer/filing/0001628280-23-005721.txt

## Key facts
- Earnings Releases
  Clear Secure, Inc. reported Fourth Quarter 2022 results: revenue $128.3 million, net income Net loss of $18.8 million, EPS Net loss per common share basic and diluted $0.13.
  - Period: Fourth Quarter 2022
  - Revenue: $128.3 million
  - Net income: Net loss of $18.8 million
  - EPS: Net loss per common share basic and diluted $0.13
  - Result: reported results
  source text: Revenue of $128.3 million was up 59.0% while Total Bookings of $150.6 million were up 37.4% Net cash provided by operating activities of $79.3 million; Free Cash Flow of $71.0 million Total Cumulative Enrollments of 15.4 million were up 48.4% Annual CLEAR Plus Net Member Retention of 91.9% was down 40 basis points year-over-year and down 30 basis points sequentially Total Cumulative Platform Uses of 129.6 million were up 54.4% Net loss of $18.8 million, which includes $24.2 million non-cash equity-based compensation costs related to vesting of previously issued warrants to United Airlines ($18.1 million) and pre-IPO employee performance awards ($6.1 million), a $1.0 million non-cash lease impairment and a $1.9 million non-cash tax benefit Net loss per common share basic and diluted $0.13, which includes $0.16 non-cash equity-based compensation costs related to vesting of previously issued warrants to United Airlines ($0.12) and pre-IPO employee performance awards ($0.04), a $0.01 non-c
  evidence_url: https://www.sec.gov/Archives/edgar/data/1856314/000162828023005721/0001628280-23-005721-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.