Strong Membership Growth
CLEAR ended the quarter with 31.2 million total members, up 42.3% year-over-year, indicating strong traction for CLEAR1.
Revenue and Free Cash Flow Growth
Total bookings were $207 million and free cash flow was $91 million, representing 14.8% and 17.6% growth respectively year-over-year.
Expansion of TSA PreCheck Enrollment
165 locations are now live, expanding the reach and availability of TSA PreCheck enrollment and enhancing member acquisitions.
New Product Innovations
Introduction of EnVe Pods and ePassport, which enhance member experience through automation and faster verification.
Partnership with DocuSign
A significant partnership with DocuSign will integrate CLEAR's identity verification for secure digital agreements.
Operating Income and EBITDA Margins
Generated $37 million of operating income with a 17.7% margin and $52 million of adjusted EBITDA with a 24.7% margin.