Headquartered in New York, NY Fiscal year ends December NYSE: YOU clearme.com
Clear Secure, Inc. (CLEAR) is a secure identity company operating a biometric identity platform used in travel, at venues and online.
- **CLEAR+:** a paid subscription for airport security lanes, with members generally paying upfront for annual subscriptions. It operates at 63 airports, with eGates being rolled out across the network and the premium CLEAR Concierge service at 42 airports.
- **TSA PreCheck enrollment:** offered at 285 retail locations.
- **CLEAR1:** an enterprise and government identity verification offering. It is expanding into cybersecurity and healthcare/government use cases, including a pilot with the U.S. Department of Veterans Affairs and work with the Centers for Medicare & Medicaid Services.
Revenue comes mainly from CLEAR+ subscriptions plus partner billings, and the company pays revenue share fees to airport and concessionaire partners. As of September 30, 2026, CLEAR had 46.7 million Total Members and 8.5 million Active CLEAR+ Members. It says it does not sell biometric or sensitive personal data.
The company is organized as a holding company over Alclear Holdings, LLC, with a Tax Receivable Agreement and founder control. It returns capital through quarterly dividends and Class A share repurchases. Updated
The EPS shortfall came from cash timing: a roughly $315 million settlement of accrued credit card partner liabilities swung quarterly free cash flow to negative $103.8 million. Management still raised full-year free cash flow guidance to at least $490 million, and the board added $175 million to the buyback.
Pre-Market Stock Futures: Futures are trading modestly higher after a blowout midweek rally spurred by reports that a peace agreement with Iran could be forthcoming soon and by incredible technology earnings and…
Clear Secure, Inc. (CLEAR) is a secure identity company operating a biometric identity platform used in travel, at venues and online. - **CLEAR+:** a paid subscription for airport security lanes, with members generally paying upfront for annual subscriptions.
The Wall Street consensus 12-month price target for YOU is $58.17.
