NYSE$YOU

Clear Secure Inc · Q4 2025 earnings

Q4 2025 earnings · · Before market open · Investor relations

Briefing

Clear Secure reported Q4 2025, revenue of $240.8M, net income of $46.5M.

For Q4 2025, Clear Secure reported revenue of $240.8M, net income of $46.5M. Management discusses segment performance, capital allocation, and macro risks in the quarterly filing.

  • Revenue $240.8M.
  • Net income $46.5M.
  • Clear Secure MD&A covers liquidity, operations, and outlook.

Headline financials

Total Revenue

$241M

Previous: $206M+16.7%
EPS (adj)

$0.31

Previous: $0.90-65.6%
Total Bookings

$287M

No prior period
Total CLEAR Members

38.0M

No prior period
Total Platform Uses

295.9M

No prior period
Active CLEAR+ Members

7.6M

No prior period
Gross Dollar Retention

86.4%

No prior period
Annual Member Usage

7

No prior period
Net Income

$46.5M

No prior period
Operating Income

$53.9M

No prior period

Revenue & EPS history

Clear · Revenue · Quarterly

$241M

Q4 2025+16.7%vs Q4 2024
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Forward guidance

The quarterly filing discusses operating priorities, capital returns, and sector risks; numeric multi-quarter bridges vary by issuer.

Tailwinds

  • MD&A highlights liquidity, capital, and core business trends.
  • Segment or product commentary supports the earnings narrative.

Headwinds

  • Macro, rates, or input costs may pressure near-term margins.
  • One-time items can affect year-over-year comparability.

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 Q4 2025

Historical avgQ4 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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