secwatch.observer — SEC 8-K summary
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Issuer:     Clear Secure, Inc. (YOU)
CIK:        0001856314
Form:       8-K
Filed at:   2022-08-15T23:59:59+00:00
Accession:  0001856314-22-000020
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clear Secure Q2 revenue up 86% to $102.7M; adjusted net income positive $0.5M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1856314/000185631422000020/0001856314-22-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1856314/000185631422000020/you-20220815.htm
  HTML page:      https://secwatch.observer/filing/0001856314-22-000020

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer