YOUNYSESEC EDGAREDGAR

Clear Secure, Inc.

Services-Prepackaged Software·NEW YORK, NY·FY end 12/31·CIK 1856314

Financials

5-year history · USD
MetricFY 2025FY 2024FY 2023FY 2022FY 2021Trend
Revenue$900.8M$770.5M$613.6M$437.4M$254.0M
Gross Profit
Operating Income$186.5M$123.2M$20.1M-$129.1M-$114.9M
Net Income$109.2M$169.7M$28.1M-$65.6M-$36.1M
Operating CF$372.5M$295.7M$225.0M$168.3M$69.7M
Capex$29.3M$12.0M$25.6M$31.4M$28.1M
Free Cash Flow$343.1M$283.7M$199.5M$136.9M$41.6M
Buybacks
Dividends
Gross Margin
Operating Margin20.7%16.0%3.3%-29.5%-45.3%
Net Margin12.1%22.0%4.6%-15.0%-14.2%
FCF Margin38.1%36.8%32.5%31.3%16.4%
R&D / Revenue8.0%9.5%12.1%15.3%18.7%
Effective Tax18.4%-238.1%1.4%1.8%-0.2%
Debt / Equity
Buybacks / FCF

Peer comparison

Services-Prepackaged Software · 5 peers
CEO Pay Ratio
YOU
281:1
CRWD
1,391:1
SNOW
2,588:1
MSFT
480:1
CDNS
592:1
NOW
251:1
CEO total comp
YOU
$12M
CRWD
$248M
SNOW
$101M
MSFT
$96M
CDNS
$57M
NOW
$52M
Net Margin
YOU
12.1%
CRWD
SNOW
-28.4%
MSFT
36.1%
CDNS
20.9%
NOW
13.2%