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Clear Secure YOU Operating Lease Liabilities

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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$5.46B+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:OperatingLeaseLiabilityNoncurrent.

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
Lease liability103,782106,808
Tax receivable agreement liability - long term (See Note 15)244,858229,791
Other long term liabilities2,6732,508
Total$351,313$339,107

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Clear Secure's operating lease liabilities?
Clear Secure (YOU) reported operating lease liabilities of $103.78M in Q2 2026.
How has Clear Secure's operating lease liabilities changed year-over-year?
Clear Secure's operating lease liabilities decreased by 5.3% year-over-year, from $109.53M to $103.78M.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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