Slide 1: CLEAR Announces Second Quarter 2026 Financial Results
CLEAR Announces Second Quarter 2026 Financial Results NEW YORK, August 5, 2026 – Clear Secure, Inc. (NYSE: YOU), the secure identity company, has released financial results for the second quarter 2026 on its Investor Relations website at https://ir.clearme.com. Second Quarter Financial Highlights (p
Slide 2: Key Performance Indicators
Key Performance Indicators Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Total Bookings (in millions) $ 222.9 $ 260.1 $ 287.1 $ 291.7 $ 295.9 Total CLEAR Members (in thousands) 33,472 35,751 37,998 40,986 43,501 Active CLEAR+ Members (in thousands) 7,227 7,399 7,616 8,167 8,329 Definitions of Key Performa
Slide 3: Condensed Consolidated Balance Sheets
CLEAR SECURE, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (dollars in thousands, except share and per share data) June 30, December 31, 2026 2025 Assets Current assets: Cash and cash equivalents $ 128,228 $ 85,734 Marketable securities 831,040 614,439 Accounts receivable 1,263 1,925 Prepa
Slide 4: Condensed Consolidated Statements of Operations
CLEAR SECURE, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (dollars in thousands, except share and per share data) Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 Revenue $ 277,757 $ 219,467 $ 530,760 $ 430,835 Operating expenses: Cost of revenue share f
Slide 5: Condensed Consolidated Statements of Cash Flows
CLEAR SECURE, INC. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (dollars in thousands) Six Months Ended June 30, 2026 2025 Operating activities: Net income $ 128,694 $ 76,458 Adjustments to reconcile net income to net cash provided from operating activities: Depreciation of property a
Slide 6: Non-GAAP Financial Measures
Non-GAAP Financial Measures In addition to our results as determined in accordance with GAAP, we disclose Adjusted EBITDA, Adjusted EBITDA Margin, and Free Cash Flow as non-GAAP financial measures that management believes provide useful information to investors. These measures are not financial meas
Slide 7: Risk Factors and Forward-Looking Statements
agreements with first parties; risks related to the dependence of portions of our business and results of operations on concessionaire agreements; risks associated with our growth and ability to develop and introduce platform features and offerings, and the need for adequate research and development
Slide 8: Reconciliation of Net Income to Adjusted EBITDA and Net Income Margin to Adjusted EBITDA Margin
Reconciliation of Net Income to Adjusted EBITDA and Net Income Margin to Adjusted EBITDA Margin: Three Months Ended June 30, Six Months Ended June 30, (In thousands) 2026 2025 2026 2025 Net income $ 72,310 $ 37,875 $ 128,694 $ 76,458 Income tax expense 19,045 6,431 33,406 11,853 Interest (income), n