The earnings call highlighted significant growth in revenue and membership, a successful eGate rollout, and strong CLEAR1 performance. Despite minor challenges such as a slight decline in gross dollar retention and negative free cash flow due to a large annual payment, the overall outlook remains positive with expanding international markets and improving margins.

Company Guidance

During CLEAR's fiscal third quarter 2025 conference call, key financial metrics were presented, highlighting substantial growth and advancements. The company reported a 15.5% year-over-year increase in revenue, reaching $229.2 million, and a 14.3% rise in total bookings to $260.1 million, both surpassing the previous guidance. Active CLEAR+ Members grew by 7.5% year-over-year to 7.7 million. The rollout of eGates, which enhance member verification speed to approximately 5 seconds, has notably improved throughput and customer experience, contributing to elevated lane experience scores and Net Promoter Scores (NPS). The company achieved a gross dollar retention rate of 86.9% and expanded its adjusted EBITDA margin by 6.1 percentage points year-over-year to 30.6%. CLEAR guided for fourth quarter revenue between $234 million and $237 million, with bookings projected to grow between 265 million and 270 million, reflecting strong ongoing momentum, particularly from the CLEAR1 enterprise identity platform. Additionally, full-year free cash flow guidance was increased to at least $320 million, underscoring the company's robust financial health and operational efficiency.

Significant Revenue Growth

Third quarter revenue grew 15.5% year-over-year to $229.2 million, exceeding the top end of the guidance range.

Active Member Growth

Active CLEAR+ Members grew to 7.7 million, up 7.5% year-over-year.

eGate Rollout Success

The eGate rollout has commenced, improving member experience with verification in approximately 5 seconds and throughput in 30 seconds.

CLEAR1 Record Performance

CLEAR1 delivered its strongest quarter yet with a record number of enterprise customers signed.

Adjusted EBITDA Margin Expansion

Generated $70.1 million of adjusted EBITDA, representing a 30.6% margin and a 6.1 percentage points expansion year-on-year.

International Expansion

CLEAR+ is now offered to over 40 international country passport holders with strong initial enrollment.

Clear Secure (YOU) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

YOU Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Mar 04, 2026	2025 (Q4)	0.28 / -	0.9	―	―	―
Nov 06, 2025	2025 (Q3)	0.30 / 0.39	0.3	29.33% (+0.09)	―
Aug 05, 2025	2025 (Q2)	0.24 / 0.37	0.34	8.53% (+0.03)	―
May 08, 2025	2025 (Q1)	0.31 / 0.34	0.28	22.14% (+0.06)	―
Feb 26, 2025	2024 (Q4)	0.29 / 0.90	0.17	429.41% (+0.73)	―
Nov 07, 2024	2024 (Q3)	0.33 / 0.30	0.21	42.86% (+0.09)	―
Aug 06, 2024	2024 (Q2)	0.26 / 0.34	0.15	126.67% (+0.19)	―
May 08, 2024	2024 (Q1)	0.17 / 0.28	0.06	366.67% (+0.22)	―
Feb 28, 2024	2023 (Q4)	0.16 / 0.17	0.14	21.43% (+0.03)	―
Nov 08, 2023	2023 (Q3)	0.12 / 0.21	0.05	320.00% (+0.16)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

YOU Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 06, 2025	$31.79	$32.02	+0.72%
Aug 05, 2025	$29.89	$31.73	+6.16%
May 08, 2025	$26.06	$24.08	-7.60%
Feb 26, 2025	$23.21	$21.71	-6.46%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Clear Secure, Inc. (YOU) report earnings?

Clear Secure, Inc. (YOU) is schdueled to report earning on Mar 04, 2026, Before Open (Confirmed).

What is Clear Secure, Inc. (YOU) earnings time?

Clear Secure, Inc. (YOU) earnings time is at Mar 04, 2026, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is YOU EPS forecast?

YOU EPS forecast for the fiscal quarter 2025 (Q4) is 0.28.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing