# Clear Secure, Inc.: overview

YOU · NYSE · CIK 1856314 · [Technology](/sectors/technology.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/you.md) · [Financials](/companies/you/financials.md) · [Filings](/companies/you/filings.md) · [Insiders](/companies/you/insiders.md)

Latest reported revenue: [$277.8m](/filings/0001856314-26-000042.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 5, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001856314-26-000042).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [198](/filings/0001856314-25-000149.md) | [206 d](/filings/0001856314-26-000006.md) | [211](/filings/0001628280-26-030937.md) | [219](/filings/0001856314-26-000042.md) | [229](/filings/0001856314-25-000149.md) | [241 d](/filings/0001856314-26-000006.md) | [253](/filings/0001628280-26-030937.md) | [278](/filings/0001856314-26-000042.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [17.7%](/filings/0001856314-25-000149.md) | [16.5% d](/filings/0001856314-26-000006.md) | [17.7%](/filings/0001628280-26-030937.md) | [19.4%](/filings/0001856314-26-000042.md) | [23.0%](/filings/0001856314-25-000149.md) | [22.4% d](/filings/0001856314-26-000006.md) | [24.5%](/filings/0001628280-26-030937.md) | [29.9%](/filings/0001856314-26-000042.md) |
| Net margin | % | [11.8%](/filings/0001856314-25-000149.md) | [50.1% d](/filings/0001856314-26-000006.md) | [12.0%](/filings/0001628280-26-030937.md) | [11.3%](/filings/0001856314-26-000042.md) | [12.3%](/filings/0001856314-25-000149.md) | [12.8% d](/filings/0001856314-26-000006.md) | [15.3%](/filings/0001628280-26-030937.md) | [18.0%](/filings/0001856314-26-000042.md) |
| Diluted EPS | $ per share | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Free cash flow | $m | [(37.9) d](/filings/0001856314-25-000149.md) | [134 d](/filings/0001856314-26-000006.md) | [91.3](/filings/0001628280-26-030937.md) | [118 d](/filings/0001856314-26-000042.md) | [(53.5) d](/filings/0001856314-25-000149.md) | [187 d](/filings/0001856314-26-000006.md) | [185](/filings/0001628280-26-030937.md) | [189 d](/filings/0001856314-26-000042.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL not reported.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [254](/filings/0001856314-24-000023.md) | [437](/filings/0001856314-25-000008.md) | [614](/filings/0001856314-26-000006.md) | [770](/filings/0001856314-26-000006.md) | [901](/filings/0001856314-26-000006.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(45.3%)](/filings/0001856314-24-000023.md) | [(29.5%)](/filings/0001856314-25-000008.md) | [3.3%](/filings/0001856314-26-000006.md) | [16.0%](/filings/0001856314-26-000006.md) | [20.7%](/filings/0001856314-26-000006.md) |
| Net margin | % | [(14.2%)](/filings/0001856314-24-000023.md) | [(15.0%)](/filings/0001856314-25-000008.md) | [4.6%](/filings/0001856314-26-000006.md) | [22.0%](/filings/0001856314-26-000006.md) | [12.1%](/filings/0001856314-26-000006.md) |
| Diluted EPS | $ per share | not reported | not reported | not reported | not reported | not reported |
| Free cash flow | $m | [41.6](/filings/0001856314-24-000023.md) | [137](/filings/0001856314-25-000008.md) | [199](/filings/0001856314-26-000006.md) | [284](/filings/0001856314-26-000006.md) | [343](/filings/0001856314-26-000006.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL not reported.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/you/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $886.6m | 15,909,242 |  | Added +787,162 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $433.1m | 7,772,024 |  | Added +655,007 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $237.3m | 4,257,501 |  | Added +251,855 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $206.2m | 3,699,884 |  | Added +292,051 |
| [RENAISSANCE TECHNOLOGIES LLC](/funds/1037389.md) | 2026-06-30 | $182.6m | 3,276,617 |  | Reduced −76,100 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $166.7m | 2,990,057 |  | Added +326,645 |
| [GOLDMAN SACHS GROUP INC](/funds/886982.md) | 2026-06-30 | $158.1m | 2,837,559 |  | Reduced −8,504 |
| [ARROWSTREET CAPITAL, LIMITED PARTNERSHIP](/funds/1164508.md) | 2026-06-30 | $149.6m | 2,683,493 |  | Added +2,551 |
| [FIRST TRUST ADVISORS LP](/funds/1125816.md) | 2026-06-30 | $144.3m | 2,588,606 |  | Reduced −268,773 |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $143.0m | 2,565,860 |  | Reduced −35,351 |

## Recent filings

[All 496 filings](/companies/you/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-30 | 16:35 ET | [8-K](/filings/0001856314-26-000048.md) | 5.03 Amendment to articles or bylaws | 0001856314-26-000048 |
| 2026-09-16 | 06:30 ET | [8-K](/filings/0000950142-26-002552.md) | 5.02 Departure or appointment of officers or directors | 0000950142-26-002552 |
| 2026-08-05 | 08:34 ET | [10-Q](/filings/0001856314-26-000042.md) | Quarterly report, period 2026-06-30 | 0001856314-26-000042 |
| 2026-08-05 | 06:00 ET | [8-K](/filings/0001856314-26-000039.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001856314-26-000039 |
| 2026-07-30 | 16:30 ET | [8-K](/filings/0001856314-26-000033.md) | 5.02 Departure or appointment of officers or directors | 0001856314-26-000033 |
| 2026-06-23 | 17:00 ET | [8-K](/filings/0000950142-26-001859.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 9.01 Financial statements and exhibits | 0000950142-26-001859 |
| 2026-06-10 | 16:53 ET | [8-K](/filings/0001856314-26-000020.md) | 5.03 Amendment to articles or bylaws; 5.07 Shareholder vote results; 9.01 Financial statements and exhibits | 0001856314-26-000020 |
| 2026-05-06 | 08:37 ET | [10-Q](/filings/0001628280-26-030937.md) | Quarterly report, period 2026-03-31 | 0001628280-26-030937 |
| 2026-05-06 | 06:01 ET | [8-K](/filings/0001856314-26-000013.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001856314-26-000013 |
| 2026-04-22 | 16:57 ET | [DEF 14A](/filings/0001193125-26-170704.md) | Proxy statement, period 2026-06-10 | 0001193125-26-170704 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001856314-26-000006.md), filed Feb 25, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/023eaa5c-6913-45e1-ad0f-a17004f07a36)

## About the filer

- CIK: 1856314
- Tickers: YOU
- Exchange: NYSE
- SIC code: 7372 Services-Prepackaged Software
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 30, 2026, 16:45 ET. No prices; not investment advice.