Clear Secure Q1 revenue $179M, up 35% YoY; net income $32.1M, EPS $0.20

Clear Secure, Inc.

Revenue of $179.0M (+35.3% YoY); Total Bookings $180.6M (+20.6%).
Net income $32.1M ($0.20 diluted EPS); Adjusted EBITDA $40.9M.
Operating cash flow $80.3M; Free cash flow $77.6M.
Repurchased 4.4M shares at avg $19.22; active in 57 CLEAR Plus airports.
Renewed American Express partnership for one year; TSA PreCheck enrollment online nationwide.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Clear Secure, Inc. reported the quarter ended March 31, 2024 results: revenue $179.0 million, net income $32.1 million, EPS $0.20.

Period: the quarter ended March 31, 2024
Revenue: $179.0 million
Net income: $32.1 million
EPS: $0.20
Result: reported results

Exact text from the filing

Revenue of $179.0 million was up 35.3% while Total Bookings of $180.6 million were up 20.6% Operating income of $23.7 million; Adjusted EBITDA of $40.9 million Net Income of $32.1 million, Earnings per Common Share Basic and Diluted of $0.20

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Clear Secure, Inc. filing history →

Source: SEC EDGAR

accession 0001856314-24-000057

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