v3.25.4
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenue $ 900,779 $ 770,488 $ 613,579
Operating expenses:      
Cost of revenue share fee 127,848 108,117 88,647
Cost of direct salaries and benefits 192,616 173,033 142,820
Research and development 72,383 73,352 74,444
Sales and marketing 54,449 48,809 43,525
General and administrative 232,381 217,506 222,356
Depreciation and amortization 34,624 26,480 21,649
Operating income 186,478 123,191 20,138
Other income (expense)      
Interest income, net 24,383 32,509 29,013
Other (expense) income, net (4,791) (89,073) 1,461
Income before tax 206,070 66,627 50,612
Income tax (expense) benefit (37,923) 158,647 (724)
Net income 168,147 225,274 49,888
Less: net income attributable to non-controlling interests 58,979 55,598 21,780
Net income attributable to Clear Secure, Inc. 109,168 169,676 28,108
Class A      
Other income (expense)      
Net income attributable to Clear Secure, Inc. $ 108,558 $ 168,078 $ 27,825
Net income per share of Class A and B Common Stock (Note 16)      
Net income (loss) per common share, basic (in USD per share) $ 1.14 $ 1.81 $ 0.31
Net income (loss) per common share, diluted (in USD per share) $ 1.12 $ 1.56 $ 0.31
Weighted- average shares of Common Stock outstanding      
Weighted-average shares of Class A and B Common Stock outstanding, basic (in shares) 95,436,323 93,010,960 89,695,439
Weighted-average shares of Class A and B Common Stock outstanding, diluted (in shares) 97,269,905 118,081,362 90,709,811
Class B      
Other income (expense)      
Net income attributable to Clear Secure, Inc. $ 610 $ 1,598 $ 282
Net income per share of Class A and B Common Stock (Note 16)      
Net income (loss) per common share, basic (in USD per share) $ 1.14 $ 1.81 $ 0.31
Net income (loss) per common share, diluted (in USD per share) $ 1.12 $ 1.56 $ 0.31
Weighted- average shares of Common Stock outstanding      
Weighted-average shares of Class A and B Common Stock outstanding, basic (in shares) 535,376 884,283 907,234
Weighted-average shares of Class A and B Common Stock outstanding, diluted (in shares) 535,376 26,429,282 907,234

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