Zacks Investment Research·5 days ago
Looking for a Growth Stock? 3 Reasons Why Clear Secure (YOU) is a Solid ChoiceClear Secure (YOU) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Clear Secure, Inc.(YOU)Earnings, Financials & Key Ratios
YOU•NYSE
$55.91
49.9× P/E·Price updated Jul 7, 2026
SectorTechnologyIndustryApplication SoftwareSub-IndustryEmerging tech platforms (AI, blockchain, identity)
AboutClear Secure, Inc. provides a member-centric secure identity platform in the United States. The company's secure identity platform is a multi-layered infrastructure consisting of front-end, including enrollment, verification, and linking. It also offers CLEAR Plus, a consumer aviation subscription service, which enables access to predictable entry lanes in airport security checkpoints, as well as access to broader network; and CLEAR app, a consumer-facing digital product that facilitates new user enrollment and member engagement from their mobile device. In addition, the company provides Reserve powered by CLEAR, a virtual queuing technology that provides users with the choice of how they queue either at home or on the move; and Atlas Certified, an automated solution to verify professional licenses and certification data across industries by communicating with certifying organizations for on-demand, current, and trusted data. The company was founded in 2010 and is headquartered in New York, New York.Show more
- Revenue$901M+16.9%
- EBITDA$221M+47.7%
- Net Income$109M-35.7%
- EPS (Diluted)1.12-28.2%
- Gross Margin85.81%+35.1%
- EBITDA Margin24.55%+26.4%
- Operating Margin20.7%+29.5%
- Net Margin12.12%-45.0%
- ROE49.36%-11.7%
YOU Price & Volume
Clear Secure, Inc. (YOU) stock price & volume — 10-year historical chart
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Scalable Biometric Platform Faces Market Saturation Headwinds
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Decelerating
Profitability:Strong
Financial:Healthy
Cash Flow:Mixed
Primary Risk:Aviation market saturation risk
Key Thesis Takeaways
- Clear Secure has successfully transitioned to a debt-free balance sheet while achieving significant margin expansion, with gross margins reaching 85.4% in 2026Q1.
- However, the deceleration of top-line growth from 35.3% in 2024Q1 to 19.7% in 2026Q1 suggests that the company is approaching a maturity phase in the domestic aviation market.
- Investors should monitor the sustainability of cash flows, which remain volatile due to large working capital swings, and the potential competitive threat posed by evolving TSA security technologies.
Verdict Logic
while the company has achieved a robust 85.4% gross margin and eliminated all debt, the deceleration in revenue growth to 19.7% and volatile cash flow conversion warrant a cautious wait-and-see approach.
YOU Growth Metrics
Clear Secure, Inc. (YOU) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years31.3%
3 Years27.22%
TTM17.39%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-4.2%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-24.39%
Return on Capital
10 Years-6.95%
5 Years0.64%
3 Years20.39%
Last Year34.05%
YOU Recent Earnings
Clear Secure, Inc. (YOU) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 10/12 qtrs (83%)●Beat Revenue 2/12 qtrs (17%)
Q2 2026Latest
May 6, 2026Metric
Actual
Est
EPS
$0.38+8.6%
$0.35
Rev
$253M+3.5%
$244M
Q1 2026
Feb 25, 2026Metric
Actual
Est
EPS
$0.31+0.0%
$0.31
Rev
$241M+2.1%
$236M
Q4 2025
Nov 6, 2025Metric
Actual
Est
EPS
$0.29+7.4%
$0.27
Rev
$229M-2.7%
$236M
Q3 2025
Aug 5, 2025Metric
Actual
Est
EPS
$0.26+13.0%
$0.23
Rev
$219M-2.2%
$224M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 6, 2026 | $0.38vs $0.35+8.6% | $253Mvs $244M+3.5% |
| Q1 2026 | Feb 25, 2026 | $0.31vs $0.31+0.0% | $241Mvs $236M+2.1% |
| Q4 2025 | Nov 6, 2025 | $0.29vs $0.27+7.4% | $229Mvs $236M-2.7% |
| Q3 2025 | Aug 5, 2025 | $0.26vs $0.23+13.0% | $219Mvs $224M-2.2% |
Based on last 12 quarters of dataView full earnings history →
Latest YOU News
Recent stock market news and headlines for Clear Secure, Inc. (YOU)
Zacks Investment Research·5 days ago
Clear Secure (YOU) Upgraded to Strong Buy: Here's WhyClear Secure (YOU) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Zacks Investment Research·6 days ago
Is It Worth Investing in Clear Secure (YOU) Based on Wall Street's Bullish Views?Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Zacks Investment Research·6 days ago
New Strong Buy Stocks for July 2ndCMI, ADI, WYY, BBCP and YOU have been added to the Zacks Rank #1 (Strong Buy) List on July 2, 2026.
Zacks Investment Research·Jun 29, 2026
Clear Secure (YOU) Surpasses Market Returns: Some Facts Worth KnowingClear Secure (YOU) concluded the recent trading session at $56.03, signifying a +1.56% move from its prior day's close.
Peers Comparison
Key metrics vs top competitors for Clear Secure, Inc. (YOU)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $55.91 | $5.63B | 49.92 | 16.91% | 12.12% | 49.36% | 1.69% | |
| $218.72 | $3.61B | 25.11 | 11.33% | 8.42% | 16.74% | — | |
| $64.21 | $10.72B | 94.42 | 8.73% | 13.62% | 9.56% | — | |
| $276.02 | $7.11B | 23.39 | -3.97% | 44.2% | 33.37% | — | |
| $21.40 | $472.82M | 38.21 | -7.29% | 8.26% | 3.67% | — | |
| $28.60 | $1.76B | 13.00 | 10.21% | 13.95% | 18.65% | — |
Compare YOU vs Peers
Clear Secure, Inc. (YOU) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
YOU SEC Filings & Documents
Clear Secure, Inc. (YOU) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
May 6, 2026·SEC
Material company update
Mar 19, 2026·SEC
Material company update
Feb 25, 2026·SEC
10-K Annual Reports
310-Q Quarterly Reports
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YOU Frequently Asked Questions
Clear Secure, Inc. (YOU) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Clear Secure, Inc.'s revenue?
Clear Secure, Inc. (YOU) reported $942.4M in revenue for fiscal year 2025. This represents a 390% increase from $192.3M in 2019.
How fast is Clear Secure, Inc. growing?
Clear Secure, Inc. (YOU) grew revenue by 16.9% over the past year. This is strong growth.
Is YOU profitable?
Yes, Clear Secure, Inc. (YOU) is profitable, generating $168.9M in net income for fiscal year 2025 (12.1% net margin).
Dividend & Returns
Does YOU pay dividends?
Yes, Clear Secure, Inc. (YOU) pays a dividend with a yield of 1.69%. This makes it attractive for income-focused investors.
What is YOU's return on equity?
Clear Secure, Inc. (YOU) has a return on equity (ROE) of 49.4%. This is excellent, indicating efficient use of shareholder capital.
What is Clear Secure, Inc.'s free cash flow?
Clear Secure, Inc. (YOU) generated $437.3M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.