earnings
confidence high
sentiment positive
materiality 0.82
CLEAR Q4 revenue $240.8M (+17% YoY), raises dividend 20% to $0.15, guides FY26 FCF >=$440M
Clear Secure, Inc.
- Q4 revenue $240.8M (+16.7% YoY); net income $46.5M ($0.31 diluted EPS); Adj. EBITDA $79.9M (33.2% margin).
- Full year 2025 revenue $900.8M (+16.9%); net income $168.1M ($1.12 diluted EPS); free cash flow $343.1M.
- Total CLEAR Members 38.0M (+31.5%); Active CLEAR+ 7.6M (+6%); renewed multi-year American Express partnership.
- Regular quarterly dividend raised 20% to $0.15; special dividend $0.20, both payable Mar 24, 2026. Share repurchase authorization increased by $125M.
- Q1 2026 guidance: revenue $242-245M, bookings $248-253M; FY 2026 free cash flow at least $440M (+28% YoY).