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Clear Secure YOU Accrued Expenses

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Other financials

Income statement

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Revenue$277.8M+26.6%
Operating income$83.0M+94.9%
Net income$50.1M+102%
EPS (diluted)$0.49+88.5%

Balance sheet

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Cash & equivalents$131.1M+42.4%
Total debt$109.8M-4.6%
Total equity$206.2M+70.0%
Total assets$1.6B+33.8%

Cash flow

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Operating cash flow$201.2M+63.6%
CapEx$12.2M+141%
Free cash flow$189.0M+60.3%

Valuation

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Market cap$5.28B+71.2%
Enterprise value$5.26B+69.2%
P/E35.7×+18.3×
P/S5.3×+1.6×

Profitability

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Operating margin25.1%+7.3pp
Net margin14.8%-6.4pp
FCF margin39.9%+3.0pp

Returns & leverage

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Return on equity90.3%-38.4pp
Debt / equity0.5×-0.4×
Current ratio+0.2×

Where this comes from

Reported directly by Clear Secure in its filing.

Tagged under the XBRL concept us-gaap:EmployeeRelatedLiabilitiesCurrent.

The source filing: Clear Secure’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 8:34 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001856314-26-000042
Line itemJune 30,2026December 31,2025
Accrued compensation and benefits$41,688$20,292
Accrued partnership liabilities315,386163,391
Lease liability5,9845,515
Tax receivable agreement liability - short term (See Note 15)11,83714,933
Other accrued liabilities29,79732,412
Total$404,692$236,543

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Clear Secure's accrued expenses?
Clear Secure (YOU) reported accrued expenses of $41.69M in Q2 2026.
How has Clear Secure's accrued expenses changed year-over-year?
Clear Secure's accrued expenses increased by 197.8% year-over-year, from $14M to $41.69M.
What is the long-term trend for Clear Secure's accrued expenses?
Over 5 years (2020 to 2025), Clear Secure's accrued expenses has grown at a 16.1% compound annual growth rate (CAGR), from $9.63M to $20.29M.
What does accrued expenses mean?
Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

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