v3.25.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenue $ 770,488 $ 613,579 $ 437,434
Operating expenses:      
Cost of revenue share fee 108,117 88,647 56,267
Cost of direct salaries and benefits 173,033 142,820 104,787
Research and development 73,352 74,444 66,799
Sales and marketing 48,809 43,525 41,679
General and administrative 217,506 222,356 278,174
Depreciation and amortization 26,480 21,649 18,792
Operating income (loss) 123,191 20,138 (129,064)
Other income (expense)      
Interest income, net 32,509 29,013 6,586
Other (expense) income, net (89,073) 1,461 4,980
Income (loss) before tax 66,627 50,612 (117,498)
Income tax benefit (expense) 158,647 (724) 2,062
Net income (loss) 225,274 49,888 (115,436)
Less: net income (loss) attributable to non-controlling interests 55,598 21,780 (49,863)
Net income (loss) attributable to Clear Secure, Inc. 169,676 28,108 (65,573)
Common Class A      
Other income (expense)      
Net income (loss) attributable to Clear Secure, Inc. $ 168,078 $ 27,825 $ (64,768)
Net income (loss) per share of Class A and B Common Stock (Note 16)      
Net income (loss) per common share, basic (in USD per share) $ 1.81 $ 0.31 $ (0.80)
Net income (loss) per common share, diluted (in USD per share) $ 1.56 $ 0.31 $ (0.80)
Weighted- average shares of Common Stock outstanding      
Weighted-average shares of Class A and B Common Stock outstanding, basic (in shares) 93,010,960 89,695,439 81,117,184
Weighted-average shares of Class A and B Common Stock outstanding, diluted (in shares) 118,081,362 90,709,811 81,117,184
Common Class B      
Other income (expense)      
Net income (loss) attributable to Clear Secure, Inc. $ 1,598 $ 282 $ (805)
Net income (loss) per share of Class A and B Common Stock (Note 16)      
Net income (loss) per common share, basic (in USD per share) $ 1.81 $ 0.31 $ (0.80)
Net income (loss) per common share, diluted (in USD per share) $ 1.56 $ 0.31 $ (0.80)
Weighted- average shares of Common Stock outstanding      
Weighted-average shares of Class A and B Common Stock outstanding, basic (in shares) 884,283 907,234 1,007,686
Weighted-average shares of Class A and B Common Stock outstanding, diluted (in shares) 26,429,282 907,234 1,007,686

Source

HTML PDF
ZIP