CLEAR Announces First Quarter 2026 Financial Results
NEW YORK, May 6, 2026 /PRNewswire/ -- Clear Secure, Inc. (NYSE: YOU), the secure identity company, has released financial results for the first quarter 2026 on its Investor Relations website at https://ir.clearme.com. First Quarter Financial Highlights (percentage change is expressed as year-over-year, unless otherwise specified) Revenue of $253.0 million was up 19.7%; Total Bookings of $291.7 million increased 40.8% Operating income of $62.0 million, representing a 24.5% operating income margin Net income of $56.4 million, representing a 22.3% net income margin Adjusted EBITDA of $80.6 million, representing a 31.9% Adjusted EBITDA margin and 720 basis points of year-over-year margin expansion Earnings per Common Share Basic and Diluted of $0.39 and $0.38, respectively Net cash provided by operating activities of $190.4 million; Free Cash Flow of $185.5 million Operational Achievements Total CLEAR Members grew to 41.0 million, up 31.3% year-over-year and Active CLEAR+ Members grew to 8.2 million, up 13.0% year-over-year 60 CLEAR+ airports, and 277 retail locations with TSA PreCheck® Enrollment Provided by CLEAR as of March 31, 2026 eGates launched across 43 airports as of today; on track for network wide rollout in 2026 CLEAR Concierge, a premium, personalized on-demand airport service now offered at 32 airports CLEAR1 delivered another record quarter, with bookings increasing approximately fivefold year-over-year, underscoring its strong growth trajectory Capital Allocation Activities Approximately $56.4 million returned to shareholders in the first quarter of 2026, related to our regular quarterly dividend of $0.15 per share, a special dividend of $0.20 per share, distributions and $1.2 million share repurchases Clear Secure, Inc. announced today that its Board of Directors has declared a quarterly cash dividend of $0.15 per share, payable on June 24, 2026 to shareholders of record of Class A Common Stock and Class B Common Stock as of the close of business on June 10, 2026 Second Quarter and Full Year 2026 Guidance Second quarter 2026 Revenue of $268-271 million, representing 22.8% year-over-year growth at the midpoint Second quarter 2026 Total Bookings of $280-285 million, representing 26.7% year-over-year growth at the midpoint Full Year 2026 Free Cash Flow guidance increased from at least $440 million to at least $465 million, representing at least 35.5% year-over-year growth "The seeds we planted to build the world's most trusted, secure identity platform are taking hold at a critical moment.
May 06, 2026 | www.prnewswire.com
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