NYSE$YOU

Clear Secure Inc · Q1 2025 earnings

Q1 2025 earnings · · Before market open · Investor relations

Briefing

Clear Secure reported Q1 2025, revenue of $385.8M, net income of $38.6M, diluted EPS of $0.26.

For Q1 2025, Clear Secure reported revenue of $385.8M, net income of $38.6M, diluted EPS was $0.26. The filing highlights segment performance, liquidity, and management commentary on the period.

  • Revenue $385.8M.
  • Net income $38.6M.
  • Diluted EPS $0.26.

Headline financials

Total Revenue

$211M

Previous: $179M+18.1%
EPS (adj)

$0.26

Previous: $0.20+30.0%
Total Bookings

$207M

Previous: $181M+14.7%
Total CLEAR Members

31.2M

Previous: 21.9M+42.3%
Total Platform Uses

248.9M

Previous: 192.6M+29.2%
Active CLEAR+ Members

7.4M

Previous: 6.8M+9.1%
Gross Dollar Retention

87.1%

Previous: 84.0%+3.7%
Annual Member Usage

7.1

No prior period
Capital Expenditures

-$7.08M

Previous: -$2.78M-155.2%
Net Income

$25.4M

Previous: $18.8M+35.1%
Operating Income

$37.4M

Previous: $23.7M+57.9%

Revenue & EPS history

Clear · Revenue · Quarterly

$211M

Q1 2025+18.1%vs Q1 2024
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Forward guidance

Management discusses operating priorities, capital allocation, and sector risks in the quarterly filing.

Tailwinds

  • Headline results and segment trends anchor the quarter.
  • Liquidity and balance-sheet capacity support operations.
  • Strategic initiatives outlined in MD&A.

Headwinds

  • Macro, rates, or input costs may pressure margins.
  • One-time items affect year-over-year comparability.
  • Execution risk on growth or restructuring plans.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+2.3%

Avg return

Earnings day

+4.8%

Avg return

5 days after

+3.4%

Avg return

30 days after

53%

10 / 19 earnings

Positive

+39.3%

Q4 2025

Best reaction

-10.7%

Q2 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+3.7%-3.3%-8.3%
Q4 2025+39.3%+43.5%+41.7%
Q3 2025+0.8%+17.2%+5.4%
Q1 2025-0.2%-4.2%+2.7%
Q4 2024-6.5%+0.0%+11.7%
Q3 2024-0.3%-24.6%-25.7%
Q2 2024-9.6%+13.3%+42.3%
Q1 2024+0.2%-3.8%-5.4%
Q4 2023+4.5%+2.7%+15.5%
Q3 2023-1.0%+10.1%+25.1%
Q2 2023-0.1%-0.7%-5.7%
Q1 2023+3.7%-1.1%+2.5%
Q4 2022-6.2%-4.6%-14.9%
Q3 2022+2.9%+25.1%+22.9%
Q2 2022+3.4%-5.1%-14.3%
Q1 2022+12.3%+36.6%-7.8%
Q4 2021+10.0%+14.0%+34.3%
Q3 2021-2.2%-14.2%-41.8%
Q2 2021-10.7%-9.0%-15.5%
Q1 2021
Q4 2020
Q3 2020
Q2 2020
Q1 2020

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