Clear Secure Q2 Revenue Surges 27%, Full-Year Cash Flow Guidance Lifted
YOU has more than doubled off its 52-week low of $29.08.
Summary
Clear Secure reported Q2 2026 revenue of $277.8M (+27% YoY), raised full-year free cash flow guidance to at least $480M, and issued Q3 revenue guidance above Street estimates. Active CLEAR+ Members grew 15% to 8.33M.
Key Events · Earnings and Guidance · YOU
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Q2 Revenue +27% to $277.8M
Revenue grew 26.6% YoY, driven by a 15% increase in Active CLEAR+ Members to 8.33M and price increases. Total Bookings rose 33% to $295.9M.
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Full-Year FCF Guidance Raised to ≥$480M
Management lifted full-year free cash flow guidance to at least $480 million, reflecting strong operating leverage and cash generation.
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Q3 Revenue Guidance Above Consensus
The company issued Q3 2026 revenue guidance of $284M–$287M, exceeding Street consensus and signaling continued momentum.
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Adjusted EBITDA Margin Expands to 36.4%
Adjusted EBITDA reached $101.1M, with margin expanding 900 bps YoY to 36.4%, driven by operating leverage and disciplined spending.
Analysis · YOU · Technology
A standout quarter for Clear Secure: revenue climbed 27% to $277.8 million, Active CLEAR+ Members reached 8.33 million, and Adjusted EBITDA margin expanded to 36.4%. Management raised full-year free cash flow guidance to at least $480 million and issued Q3 revenue guidance above consensus. The company also extended its credit facility, declared a quarterly dividend, and continued returning capital via buybacks. Trading near its 52-week high, the stock reflects strong execution and a bullish outlook.
How filings like this one have moved
In the 30 days to Oct 1, 2026, 36.1% of the 1051 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.56%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, YOU was trading at $61.43 on NYSE in the Technology sector, with a market capitalization of approximately $7.4B. The 52-week trading range was $29.08 to $62.73. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.