Clear Secure(NYSE) YOU

Clear Secure, Inc. makes travel experiences safer and faster. It uses identity verification to speed up airport security checks. The platform helps people move through security lanes more quickly.

Identity Products and Services

• CLEAR Plus: Consumer aviation subscription service providing expedited security access; accounts for substantially all revenue.
• TSA PreCheck Enrollment: Service that allows travelers to enroll or renew in government-run expedited screening programs.
• CLEAR1: Business-to-business platform that provides identity verification for healthcare and government organizations.
• CLEAR Travel: Portfolio of mobile tools including trip planning apps and concierge services.
• Atlas Certified: Automated platform that validates professional licenses by interfacing directly with certifying bodies.

Moving Into New Markets

• Executed a multiyear renewal of the strategic partnership with American Express in Feb. 2026.
• Expanded the CLEAR Travel portfolio to include concierge services and expedited passport assistance.
• Launched TSA PreCheck enrollment services at multiple physical locations and online.
• Integrated the Atlas Certified platform to provide automated validation of professional credentials.

What Makes the Tech Tick

The company operates a multi-layered identity platform that combines biometrics, documents, and device signals to verify users. Strategic partnerships with major airlines and credit card companies provide a network for member acquisition and subsidized subscriptions.

Key Financial Facts

• Revenue reached $277.8 million for the three months ended June 30, 2026, up 27% year over year.
• Total Bookings were $295.9 million for the three months ended June 30, 2026, up 33% year over year.
• Total CLEAR Members increased 30% year over year to 43.5 million as of June 30, 2026.
• Active CLEAR+ Members reached 8.3 million as of June 30, 2026, a 15% increase year over year.
• Free cash flow, a non-GAAP measure, was $189.0 million for the three months ended June 30, 2026.

Bottom Line

Clear Secure has evolved from an airport-focused tool into a broad identity platform for travel, healthcare, and government use. The company uses its growing member base to expand verification services into new digital and physical spaces.