Clear Secure Q1 revenue up 46% to $132.4M; declares $0.20 special dividend

Clear Secure, Inc.

Revenue $132.4M (+46.2% YoY); Total Bookings $149.7M (+38.9% YoY).
Net loss $8.3M (-$0.06/share); Adjusted net income $8.8M ($0.06/share).
Free Cash Flow $51.3M; Cumulative Enrollments 16.2M (+37.1%).
CLEAR Plus Annual Net Member Retention 91.3% (down 400 bps YoY).
Declared $0.20 special dividend payable May 25, 2023; repurchased 281,838 shares.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.4

Clear Secure, Inc. reported financial results for first quarter ended March 31, 2023.

Period: first quarter ended March 31, 2023
Result: reported results

Exact text from the filing

The Company issued a letter to its stockholders announcing its financial results for the quarter ended March 31, 2023

View on SEC.gov

8 earnings releases filed in the last 30 days. Browse all earnings releases →

Clear Secure, Inc. filing history →

Source: SEC EDGAR

accession 0001856314-23-000007

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