Clear Secure, Inc. (YOU) Q2 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.656 Good morning and welcome to CLEAR's Fiscal Second Quarter 2026 Conference Call. 00:00:05.656 -- 00:00:10.980 We have with us today Caryn Seidman-Becker, Founder, Chair, and Chief Executive Officer, 00:00:10.980 -- 00:00:15.084 Michael Barkin, President, and Jen Hsu, Chief Financial Officer. 00:00:15.084 -- 00:00:19.348 As a reminder before we begin, today's discussion contains forward-looking statements 00:00:19.348 -- 00:00:23.111 about the company's future business and financial performance. 00:00:23.111 -- 00:00:28.505 These are based on management's current expectations and are subject to risks and uncertainties. 00:00:28.505 -- 00:00:32.207 Factors that could cause actual results to differ materially from these statements are 00:00:32.207 -- 00:00:36.628 included in the documents the company has filed and furnished with the SEC, including 00:00:36.628 -- 00:00:40.389 today's press release. The company 00:00:40.790 -- 00:00:45.132 disclaims any obligation to update any forward-looking statements that may be discussed 00:00:45.132 -- 00:00:50.314 during the call. During this call, unless otherwise stated, all comparisons 00:00:50.314 -- 00:00:54.995 will be against the comparable period of fiscal year 2025. 00:00:54.995 -- 00:00:59.497 Additionally, the company will discuss both GAAP and non-GAAP financial measures. 00:00:59.497 -- 00:01:03.619 A reconciliation of GAAP to non-GAAP financial measures is provided in today's press 00:01:03.619 -- 00:01:06.341 release and the most recently 00:01:06.341 -- 00:01:08.662 filed form 10-Q. 00:01:08.662 -- 00:01:12.284 These items can be found in the investor relations section of CLEAR's website. 00:01:12.284 -- 00:01:15.805 With that, I will turn the call over to Caryn. 00:01:16.206 -- 0...