InsiderClue
Stocks · Technology · Services-Prepackaged Software

Clear Secure, Inc.

YOU Clue Score59
United States Fiscal year ends December CIK 0001856314
$43.43 +0.81% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $43.43 +14.89% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 30 Jun 2021. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2019Revenue192.3Operating income−56.2Net income−54.2Fiscal year 2020Revenue230.8 +20.0%Operating income−18.9Net income−9.3Fiscal year 2021Revenue254.0 +10.0%Operating income−114.9Net income−36.1Fiscal year 2022Revenue437.4 +72.2%Operating income−129.1Net income−65.6Fiscal year 2023Revenue613.6 +40.3%Operating income20.1Net income28.1Fiscal year 2024Revenue770.5 +25.6%Operating income123.2Net income169.7 +503.7%Fiscal year 2025Revenue900.8 +16.9%Operating income186.5Net income109.2 −35.7%
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 192.3 230.8 254.0 437.4 613.6 770.5 900.8
Growth +20.0% +10.0% +72.2% +40.3% +25.6% +16.9%
Operating income −56.2 −18.9 −114.9 −129.1 20.1 123.2 186.5
Net income −54.2 −9.3 −36.1 −65.6 28.1 169.7 109.2
Growth +503.7% −35.7%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2019Operating margin−29.2%Net margin−28.2%Free cash flow margin1.0%Fiscal year 2020Operating margin−8.2%Net margin−4.0%Free cash flow margin−12.5%Fiscal year 2021Operating margin−45.3%Net margin−14.2%Free cash flow margin16.4%Fiscal year 2022Operating margin−29.5%Net margin−15.0%Free cash flow margin31.3%Fiscal year 2023Operating margin3.3%Net margin4.6%Free cash flow margin32.5%Fiscal year 2024Operating margin16.0%Net margin22.0%Free cash flow margin36.8%Fiscal year 2025Operating margin20.7%Net margin12.1%Free cash flow margin38.1%
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin −29.2% −8.2% −45.3% −29.5% 3.3% 16.0% 20.7%
Net margin −28.2% −4.0% −14.2% −15.0% 4.6% 22.0% 12.1%
Free cash flow margin 1.0% −12.5% 16.4% 31.3% 32.5% 36.8% 38.1%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2019Operating cash flow16.6Capital expenditure−14.7Free cash flow1.9Fiscal year 2020Operating cash flow−12.3Capital expenditure−16.5Free cash flow−28.8 −1,624.3%Fiscal year 2021Operating cash flow69.7Capital expenditure−28.1Free cash flow41.6Fiscal year 2022Operating cash flow168.3Capital expenditure−31.4Free cash flow136.9 +229.5%Fiscal year 2023Operating cash flow225.0Capital expenditure−25.6Free cash flow199.5 +45.7%Fiscal year 2024Operating cash flow295.7Capital expenditure−12.0Free cash flow283.7 +42.2%Fiscal year 2025Operating cash flow372.5Capital expenditure−29.3Free cash flow343.1 +21.0%
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 16.6 −12.3 69.7 168.3 225.0 295.7 372.5
Capital expenditure −14.7 −16.5 −28.1 −31.4 −25.6 −12.0 −29.3
Free cash flow 1.9 −28.8 41.6 136.9 199.5 283.7 343.1
Growth −1,624.3% +229.5% +45.7% +42.2% +21.0%

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2019Cash236.1Fiscal year 2020Cash116.2Shareholders’ equity−486.9Fiscal year 2021Cash280.1Shareholders’ equity277.6Fiscal year 2022Cash38.9Shareholders’ equity291.1Fiscal year 2023Cash57.9Shareholders’ equity233.3Fiscal year 2024Cash66.9Shareholders’ equity198.4Fiscal year 2025Cash85.7Shareholders’ equity177.7
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 236.1 116.2 280.1 38.9 57.9 66.9 85.7
Shareholders’ equity n/a −486.9 277.6 291.1 233.3 198.4 177.7

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
−29.2% −8.2% −45.3% −29.5% 3.3% 16.0% 20.7%
−28.2% −4.0% −45.3% −26.9% 8.2% 8.6% 22.9%
−28.2% −4.0% −14.2% −15.0% 4.6% 22.0% 12.1%
1.0% −12.5% 16.4% 31.3% 32.5% 36.8% 38.1%
Spending
11.0% 13.9% 18.7% 15.3% 12.1% 9.5% 8.0%
47.6% 51.2% 66.5% 63.6% 36.2% 28.2% 25.8%
7.6% 7.2% 11.1% 7.2% 4.2% 1.6% 3.3%
n/a n/a n/a n/a 1.4% −238.1% 18.4%
Returns
n/a n/a −13.0% −22.5% 12.0% 85.5% 61.4%
n/a −4.0% −4.4% −6.3% 2.7% 14.2% 8.4%
Balance and payout
n/a 64.5% 33.6% 50.8% 64.7% 80.1% 84.3%