v3.25.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenue $ 229,193 $ 198,424 $ 660,028 $ 564,218
Operating expenses:        
Cost of revenue share fee 31,679 28,592 92,444 79,049
Cost of direct salaries and benefits 47,728 44,825 146,169 125,198
Research and development 17,996 17,424 55,224 54,939
Sales and marketing 12,938 11,607 40,809 34,236
General and administrative 58,816 53,919 172,086 162,180
Depreciation and amortization 7,424 6,970 20,724 19,503
Operating income 52,612 35,087 132,572 89,113
Other income (expense):        
Interest income, net 6,622 7,252 18,580 25,424
Other income (expense), net 1,641 436 (1,966) 1,291
Income before tax 60,875 42,775 149,186 115,828
Income tax expense (15,731) (4,751) (27,584) (7,125)
Net income 45,144 38,024 121,602 108,703
Less: net income attributable to non-controlling interests 16,865 14,559 43,196 42,313
Net income attributable to Clear Secure, Inc. 28,279 23,465 78,406 66,390
Common Class A        
Other income (expense):        
Net income attributable to Clear Secure, Inc. $ 28,131 $ 23,243 $ 77,913 $ 65,748
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) $ 0.29 $ 0.25 $ 0.82 $ 0.71
Net income per common share, diluted (in USD per share) $ 0.29 $ 0.25 $ 0.81 $ 0.71
Weighted-average shares of common stock outstanding, basic (in shares) 95,912,490 92,702,778 94,744,889 92,174,755
Weighted-average shares of common stock outstanding, diluted (in shares) 97,832,791 94,279,071 96,465,599 93,263,943
Common Class B        
Other income (expense):        
Net income attributable to Clear Secure, Inc. $ 148 $ 224 $ 491 $ 643
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) $ 0.29 $ 0.25 $ 0.82 $ 0.71
Net income per common share, diluted (in USD per share) $ 0.29 $ 0.25 $ 0.81 $ 0.71
Weighted-average shares of common stock outstanding, basic (in shares) 503,961 891,582 597,245 901,979
Weighted-average shares of common stock outstanding, diluted (in shares) 503,961 891,582 597,245 901,979

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