earnings
confidence high
sentiment positive
materiality 0.80
Clear Secure Q2 revenue up 86% to $102.7M; adjusted net income positive $0.5M
Clear Secure, Inc.
- Revenue $102.7M (+86.2% YoY); Total Bookings $122.9M (+75.6%).
- Net loss $12.3M but adjusted net income $0.5M and Adjusted EBITDA $3.5M.
- Total Cumulative Enrollments 13.1M (+107.2%); Annual CLEAR Plus Net Member Retention 94.3% (up 1,370 bps YoY).
- Free Cash Flow $41.2M; net cash from operations $50.9M.
- Launched Greer, SC and Milwaukee, WI airports; launched Powered by CLEAR verification SDK.