---
schema_version: "secwatch.filing_event.v1"
accession: "0001856314-26-000004"
form_type: "8-K"
ticker: "YOU"
cik: "0001856314"
company_name: "Clear Secure, Inc."
filed_at: "2026-02-25T23:59:59+00:00"
generated_at: "2026-05-16T00:27:22.788520+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.82
calibrated_materiality_score: 0.82
confidence: "high"
source: SEC EDGAR
---

# CLEAR Q4 revenue $240.8M (+17% YoY), raises dividend 20% to $0.15, guides FY26 FCF >=$440M

## Summary
- 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).

## SEC filing metadata
- accession: 0001856314-26-000004
- form_type: 8-K
- ticker: YOU
- cik: 0001856314
- company_name: Clear Secure, Inc.
- filed_at: 2026-02-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.82
- calibrated_materiality_score: 0.82
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1856314/000185631426000004/0001856314-26-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1856314/000185631426000004/you-20260225.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001856314-26-000004
- JSON: https://secwatch.observer/filing/0001856314-26-000004.json
- Plain text: https://secwatch.observer/filing/0001856314-26-000004.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.