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Clear Secure YOU Operating Income

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Other financials

Income statement

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Revenue$277.8M+26.6%
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$5.46B+75.0%
Enterprise value$5.44B+73.1%
P/E36.9×+19.3×
P/S5.5×+1.7×

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:OperatingIncomeLoss.

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 itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Sales and marketing17,15214,48533,10627,871
General and administrative65,93458,532129,571113,270
Depreciation and amortization6,6616,76813,49113,300
Operating income82,95242,556144,95379,960
Other income (expense):
Interest income, net7,9325,80514,69311,958
Other income (expense), net471(4,055)2,454(3,607)
Income before tax91,35544,306162,10088,311

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Clear Secure's operating income?
Clear Secure (YOU) reported operating income of $82.95M in Q2 2026.
How has Clear Secure's operating income changed year-over-year?
Clear Secure's operating income increased by 94.9% year-over-year, from $42.56M to $82.95M.
What is the long-term trend for Clear Secure's operating income?
Over 4 years (2021 to 2025), Clear Secure's operating income has grown at a 12.9% compound annual growth rate (CAGR), from -$114.93M to $186.48M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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