Clear Secure, Inc. Reports Strong Q2 2025 Results

Clear Secure, Inc. ( (YOU) ) has released its Q2 earnings. Here is a breakdown of the information Clear Secure, Inc. presented to its investors.

Clear Secure, Inc. is a secure identity platform that enhances security and streamlines experiences across various sectors, including travel and events, by connecting individuals to their personal information securely and efficiently.

Clear Secure, Inc. reported strong financial results for the second quarter of 2025, showcasing growth in revenue, bookings, and membership. The company continues to expand its services and enhance its product offerings, contributing to its robust performance.

In the second quarter of 2025, Clear Secure, Inc. achieved a revenue of $219.5 million, marking a 17.5% increase year-over-year, and total bookings reached $222.9 million, up 13.1%. The company reported an operating income of $42.6 million, with a net income of $37.9 million and an adjusted EBITDA of $60.1 million. The number of active CLEAR+ members grew to 7.6 million, reflecting a 7.5% increase. Additionally, the company expanded its CLEAR+ services for international travelers and launched new offerings such as the CLEAR Concierge service and CLEAR ID as a REAL ID for U.S. travelers.

Clear Secure, Inc. also engaged in capital allocation activities, including the repurchase of 1.0 million shares and the return of $42.7 million to shareholders through dividends and share repurchases. The company has declared a quarterly cash dividend of $0.125 per share, payable in September 2025.

Looking ahead, Clear Secure, Inc. anticipates continued growth, projecting third-quarter revenue between $223 million and $226 million, and total bookings between $253 million and $258 million. The company reaffirms its full-year 2025 free cash flow expectations of at least $310 million, indicating confidence in its strategic direction and market position.