Clear Secure, Inc. income statement
In fiscal 2025, Clear Secure, Inc. reported revenue of $901m, up 16.9% on the year before, operating income of $186m (a 20.7% margin) and net income of $109m. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 192 | 231 | 254 | 437 | 614 | 770 | 901 | 1,001 |
| Research and development | 21 | 32 | 47 | 67 | 74 | 73 | 72 | 72 |
| Selling and marketing | 36 | 16 | 35 | 42 | 44 | 49 | 54 | 60 |
| General and administrative | 92 | 118 | 169 | 278 | 222 | 218 | 232 | 249 |
| Operating income | −56 | −19 | −115 | −129 | 20 | 123 | 186 | 251 |
| Income before tax | −54 | −9 | −115 | −117 | 51 | 67 | 206 | 280 |
| Income tax | 0 | 0 | 0 | −2 | 1 | −159 | 38 | 59 |
| Net income | −54 | −9 | −36 | −66 | 28 | 170 | 109 | 148 |
| EBITDA | −49 | −10 | −103 | −110 | 42 | 150 | 221 | 286 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 198 | 206 | 211 | 219 | 229 | 241 | 253 | 278 |
| Research and development | 17 | 18 | 19 | 18 | 18 | 17 | 19 | 18 |
| Selling and marketing | 12 | 15 | 13 | 14 | 13 | 14 | 16 | 17 |
| General and administrative | 54 | 55 | 55 | 59 | 59 | 60 | 64 | 66 |
| Operating income | 35 | 34 | 37 | 43 | 53 | 54 | 62 | 83 |
| Income before tax | 43 | −49 | 44 | 44 | 61 | 57 | 71 | 91 |
| Income tax | 5 | −166 | 5 | 6 | 16 | 10 | 14 | 19 |
| Net income | 23 | 103 | 25 | 25 | 28 | 31 | 39 | 50 |
| EBITDA | 42 | 41 | 44 | 49 | 60 | 68 | 69 | 90 |
Compare with peers
- Progress Software Corp income statement
- Workiva Inc income statement
- Alarm.com Holdings, Inc. income statement
- Servicetitan, Inc. income statement
- Appfolio Inc income statement
Head to head: PRGS vs YOUWK vs YOUALRM vs YOUTTAN vs YOU
More: Application Software stocks compared, Technology sector, rankings of US companies