10-Q quarterly report · filed Aug 5, 2026

Clear Secure, Inc. (YOU) Q2 2026 10-Q Quarterly Report

Short answer

Clear Secure, Inc. (YOU) filed its Q2 2026 10-Q quarterly report on Aug 5, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $278M (up 26.6% year over year) with net income of $50M.

Q2 2026 key financials · XBRL

Revenue
$278M
+26.6% YoY · +9.8% QoQ
Net income
$50M
+102.5% YoY · +29.0% QoQ
Operating margin
29.9%

Source: XBRL data from the Clear Secure, Inc. (YOU) Q2 2026 10-Q on SEC EDGAR. USD.

Clear Secure, Inc. Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $277.8M, up $58.3M or 27% YoY, driven by 15% Active CLEAR+ Member growth and price increases
  • Net income $72.3M, up $34.4M; net margin 26.0% vs 17.3% YoY
  • Adjusted EBITDA margin 36.4% vs 27.4% YoY, with Adjusted EBITDA $101.1M vs $60.1M
  • Operating cash flow $201.2M vs $123.0M; capital expenditures $12.2M vs $5.1M
  • Total Bookings $295.9M, up 33% YoY; Active CLEAR+ Members 8.329M, up 15%

Risk Factors

  • No material risk-factor changes from the Annual Report on Form 10-K
  • Carried-forward risks may include additional unknown or currently immaterial risks becoming material
  • Share repurchase execution risk, with $250.3 million remaining under authorization
  • Equity dilution risk from issuance of 2,449,104 Class A shares to non-controlling interest holders
  • Insider selling risk, with 13,872 shares subject to the Chief Accounting Officer’s Rule 10b5-1 plan

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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