Quarterly ResultMay 6, 2026, 08:42 AM
Clear Secure Q1 Revenue $253.0M, Net Income $38.8M, EPS $0.39
AI Summary
Clear Secure, Inc. reported strong financial results for the first quarter of 2026, with significant increases across key metrics. Revenue grew by 19.7% year-over-year to $253.0 million, while net income attributable to Clear Secure, Inc. surged by 52.7% to $38.8 million. Operating income also saw a substantial rise of 65.8% to $62.0 million. The company also declared quarterly and special dividends and repurchased shares.
Key Highlights
- Revenue increased 19.7% to $253.0 million for Q1 2026, up from $211.4 million in Q1 2025.
- Net income attributable to Clear Secure, Inc. rose 52.7% to $38.8 million in Q1 2026, compared to $25.4 million in Q1 2025.
- Basic EPS for Class A Common Stock was $0.39 in Q1 2026, a 50.0% increase from $0.26 in Q1 2025.
- Operating income grew 65.8% to $62.0 million for Q1 2026, up from $37.4 million in Q1 2025.
- Net cash provided by operating activities increased 93.6% to $190.4 million in Q1 2026.
- Repurchased 39,901 Class A Common Stock shares for $1.2 million in Q1 2026.
- Declared quarterly dividend of $0.150 per share and special dividend of $0.200 per share.
- Cash and cash equivalents increased to $170.7 million as of March 31, 2026, from $85.7 million at Dec 31, 2025.
Price Impact
More from YOU