v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenue $ 219,467 $ 186,745 $ 430,835 $ 365,794
Operating expenses:        
Cost of revenue share fee 31,198 26,093 60,765 50,457
Cost of direct salaries and benefits 47,699 40,085 98,441 80,373
Research and development 18,229 17,411 37,228 37,515
Sales and marketing 14,485 11,007 27,871 22,629
General and administrative 58,532 55,371 113,270 108,261
Depreciation and amortization 6,768 6,441 13,300 12,533
Operating income 42,556 30,337 79,960 54,026
Other income (expense):        
Interest income, net 5,805 8,247 11,958 18,172
Other income, net (4,055) 416 (3,607) 855
Income before tax 44,306 39,000 88,311 73,053
Income tax expense (6,431) (409) (11,853) (2,374)
Net income 37,875 38,591 76,458 70,679
Less: net income attributable to non-controlling interests 13,153 14,472 26,331 27,754
Net income attributable to Clear Secure, Inc. 24,722 24,119 50,127 42,925
Common Class A        
Other income (expense):        
Net income attributable to Clear Secure, Inc. $ 24,560 $ 23,884 $ 49,785 $ 42,507
Net income per share of Class A Common Stock and Class B Common Stock (Note 14)        
Net income per common share, basic (in USD per share) $ 0.26 $ 0.26 $ 0.53 $ 0.46
Net income per common share, diluted (in USD per share) $ 0.26 $ 0.26 $ 0.52 $ 0.46
Weighted-average shares of common stock outstanding, basic (in shares) 92,990,661 91,984,045 94,150,710 91,907,842
Weighted-average shares of common stock outstanding, diluted (in shares) 94,418,159 92,605,019 95,667,917 92,645,417
Common Class B        
Other income (expense):        
Net income attributable to Clear Secure, Inc. $ 162 $ 236 $ 341 $ 419
Net income per share of Class A Common Stock and Class B Common Stock (Note 14)        
Net income per common share, basic (in USD per share) $ 0.26 $ 0.26 $ 0.53 $ 0.46
Net income per common share, diluted (in USD per share) $ 0.26 $ 0.26 $ 0.52 $ 0.46
Weighted-average shares of common stock outstanding, basic (in shares) 612,443 907,234 644,659 907,234
Weighted-average shares of common stock outstanding, diluted (in shares) 612,443 907,234 644,659 907,234

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