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Company price
56.5 USD -2.58 ( 4.37%)
Last update at 2026-11-05T21:05:00Z
VOLUME
2145175
Market Cap
5646.07M
P/E
28.48

Momentum Score

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Clear Secure, Inc. operates a secure identity platform under the CLEAR brand name primarily in the United States. It provides secure identity platform, a multi-layered infrastructure consisting of front-end, including enrollment, verification, and linking, as well as back-end. The company also offers CLEAR Plus, a consumer aviation subscription service, which enables access to predictable entry lanes in airport security checkpoints, as well as access to broader network; and CLEAR mobile app, which is used to enroll new members and improve the experience for existing members. In addition, it provides RESERVE powered by CLEAR to reservation spot for airport locations; Home to Gate, a feature to help travelers plan and time their trip to the airport; CLEAR1, a B2B offering that extends secure identity platform to partners to create friction-free experiences for their customers; CLEAR ID, a free and mobile digital ID that allow any traveler to verify their identity; CLEAR Concierge which enhances the CLEAR value proposition for high-frequency and premium travelers, as well as travelers requiring additional assistance, such as families and senior citizens; CLEAR Perks, a suite of added benefits that help CLEAR members get an even more seamless experience; TSA PreCheck Enrollment Provided by CLEAR, as well as online renewal services; Sora ID, a one-click know your customer that enables adding know your customer services to platform offerings; and a virtual queuing technology. The company has a strategic collaboration with Samsung Electronics America, Inc. for the development of Samsung ID with CLEAR, a digital ID solution that allows users to add a US passport to Samsung Wallet and verify their identity. The company was founded in 2010 and is headquartered in New York, New York. Clear Secure, Inc. is a subsidiary of Alclear Investments, Llc.

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Day Price Range
55.73
Low
61.10
High
52 Week Price Range
28.93
Low
68.83
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Clear Secure Inc operates a biometric identity platform that provides expedited identity verification to airports, stadiums, healthcare sites and enterprise partners via paid memberships and integrations. Long-term growth may come from travel recovery, expanding deployments, higher membership penetration and broader monetization of its biometric network. Investors may find it attractive because it appears positioned to earn recurring subscription revenue and benefit from network effects on proprietary identity infrastructure.
Key risks include regulatory and privacy scrutiny of biometric data, dependence on partner rollouts and foot-traffic cycles, execution challenges scaling hardware and software, and security or competitive threats.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
59.08
Dividend Yield
1.30%
Revenue TTM
1000.70M
Revenue Per Share
10.14
Gross Profit TTM
667.03M
Debt / Equity
0.61
ROE
119.17%
Net Debt
-85.73M
ROCE
37.92%
Diluted EPS TTM
1.46

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 206.07M 66.63M 50.61M -117.50M -114.94M
Minority interest -58.98M -55.60M -5.06M -49.86M 79.09M
Net income 109.17M 169.68M 28.11M -115.44M -115.17M
Selling general administrative 232.38M 217.51M 222.36M 278.17M 168.90M
Selling and marketing expenses 54.45M 48.81M 43.52M 41.68M 35.20M
Gross profit 772.93M 489.34M 382.11M 276.38M 149.02M
Reconciled depreciation 34.62M 26.48M 20.97M 18.79M 12.36M
Ebit 206.07M 66.63M 50.61M -129.06M -114.93M
Ebitda 240.69M 93.11M 72.26M -110.27M -102.23M
Depreciation and amortization 34.62M 26.48M 21.65M 18.79M 12.70M
Non operating income net other - - - 11.57M -
Operating income 186.48M 123.19M 20.14M -129.06M -114.93M
Other operating expenses 714.30M 647.30M 593.44M 566.50M 368.89M
Interest expense - - 29.01M 6.59M 0.35M
Tax provision 37.92M -158.65M -0.83M -2.06M 0.23M
Interest income 24.38M 32.51M 29.01M 6.59M 0.35M
Net interest income 24.38M 32.51M 26.22M 6.59M -0.35M
Income tax expense 37.92M -158.65M 0.72M -2.06M 0.23M
Total revenue 900.78M 770.49M 613.58M 437.43M 253.95M
Total operating expenses 586.45M 366.15M 361.97M 405.44M 263.95M
Cost of revenue 127.85M 281.15M 231.47M 161.05M 104.94M
Total other income expense net 19.59M -56.56M 30.47M 11.57M -0.01M
Net income from continuing ops 168.15M 225.27M 7.86M -115.44M -115.17M
Net income applicable to common shares 109.17M 169.68M 28.11M -131.15M -36.08M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 1303.39M 1194.93M 1045.01M 1037.52M 812.75M
Intangible assets 2.75M 15.30M 20.82M 22.29M 22.93M
Other current assets 62.52M 52.21M 46.41M 5.12M 12.91M
Total liab 1099.01M 956.99M 675.78M 526.60M 273.28M
Total stockholder equity 177.73M 198.35M 233.33M 291.06M 277.61M
Deferred long term liab - - - 0.07M 0.38M
Other current liab 236.54M 179.12M 158.29M 101.11M 67.22M
Common stock 0.00M 0.00M 0.00M 0.00M 0.00M
Capital stock 0.00M 0.00M 0.00M 0.00M 0.00M
Retained earnings 119.79M 83.78M -73.71M -101.80M -36.13M
Other liab - - - 3.98M 8.69M
Good will 62.68M 62.76M 62.76M 58.81M 59.79M
Other assets 311.17M 281.84M 6.71M 32.94M 32.42M
Cash 85.73M 66.89M 57.90M 38.94M 280.11M
Cash and equivalents 85.73M 66.89M 57.90M 38.94M 280.11M
Total current liabilities 759.90M 643.05M 552.05M 397.47M 264.59M
Current deferred revenue 516.20M 439.75M 376.25M 283.45M 188.56M
Net debt -85.73M 54.36M 69.48M 91.17M -280.11M
Short term debt 0.00M 6.16M 5.73M 4.96M 0.00M
Short long term debt total - 121.25M 127.38M 130.11M -
Other stockholder equity 57.10M 114.23M 304.99M 394.39M 313.85M
Property plant equipment 159.38M 165.75M 178.49M 57.92M 44.52M
Total current assets 764.61M 662.22M 770.03M 741.60M 653.08M
Long term investments 2.79M 7.00M 6.46M 0.46M 0.46M
Net tangible assets - - - 268.77M 194.89M
Short term investments 614.44M 542.61M 665.20M 665.81M 335.23M
Net receivables 1.93M 0.51M 0.53M 1.17M 5.33M
Inventory - - 37.66M 30.56M 19.50M
Accounts payable 7.16M 18.02M 11.78M 7.95M 8.81M
Noncontrolling interest in consolidated entity - - - 219.86M -
Accumulated other comprehensive income 0.84M 0.34M 2.05M -1.53M -0.10M
Common stock total equity - - - 0.00M -
Retained earnings total equity - - - -101.80M -
Non currrent assets other 6.04M 7.22M 6.45M 32.55M 31.72M
Non current assets total 538.78M 532.71M 274.98M 295.92M 159.67M
Capital lease obligations 112.32M 121.25M 127.38M 130.11M -
Long term debt total 0.00M 0.00M 0.00M 0.00M 0.00M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments -70.46M 113.78M -355.07M -359.59M -298.39M
Change to liabilities - - - 94.14M 88.47M
Total cashflows from investing activities -97.10M 113.78M -15.51M -359.59M -403.20M
Total cash from financing activities -257.33M -401.55M -216.01M -48.87M 503.40M
Change to operating activities - - - 26.31M 33.35M
Net income 168.15M 225.27M 49.89M -115.44M -115.17M
Change in cash 18.15M 7.95M -6.48M -240.24M 170.04M
Begin period cash flow 70.35M 62.40M 68.88M 309.13M 139.08M
End period cash flow 88.50M 70.35M 62.40M 68.88M 309.13M
Total cash from operating activities 372.45M 295.68M 225.03M 168.31M 69.71M
Issuance of capital stock - - 0.00M 0.00M 517.11M
Depreciation 34.62M 26.48M 21.65M 18.79M 12.36M
Other cashflows from investing activities 2.70M -0.32M -0.58M -327.69M -375.05M
Dividends paid 91.88M 93.37M 125.19M -21.84M 16.25M
Change to inventory - - 20.98M - 33.83M
Change to account receivables -1.58M 0.01M 0.64M 4.16M -4.21M
Sale purchase of stock -126.34M -272.92M -69.67M -5.20M -11.74M
Other cashflows from financing activities -39.10M -35.26M -21.14M -21.83M -1.97M
Change to netincome - - - 61.46M -24.54M
Capital expenditures 29.34M 12.01M 26.14M 31.91M 28.97M
Cash and cash equivalents changes - - - -44.17M -
Change in working capital 96.73M 174.14M 118.95M 124.61M 117.61M
Stock based compensation 38.93M 35.34M 37.29M 138.50M 36.51M
Other non cash items 9.64M 0.21M -2.02M 4.32M 0.36M
Free cash flow 343.11M 283.67M 198.90M 136.40M 40.74M

Peer Comparison*

Sector: Technology Industry: Software - Application

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
YOU
Clear Secure Inc
-2.58
4.37%
56.50 28.48 - 5.64 21.08 3.50 12.24
SAP
SAP SE ADR
3.49
1.45%
243.53 28.16 22.42 6.52 4.85 5.60 16.61
CRM
Salesforce.com Inc
-4.70
2.07%
222.41 23.41 15.55 4.79 5.56 5.55 14.88
SAPGF
SAP SE
4.30
1.80%
243.00 76.28 22.88 5.61 3.84 5.59 26.18
SHOP
Shopify Inc
-9.28
6.06%
143.75 90.18 53.19 12.70 13.17 12.23 67.86

Profile*

Clear Secure Inc

Clear Secure, Inc. operates a secure identity platform under the CLEAR brand name primarily in the United States. It provides secure identity platform, a multi-layered infrastructure consisting of front-end, including enrollment, verification, and linking, as well as back-end. The company also offers CLEAR Plus, a consumer aviation subscription service, which enables access to predictable entry lanes in airport security checkpoints, as well as access to broader network; and CLEAR mobile app, which is used to enroll new members and improve the experience for existing members. In addition, it provides RESERVE powered by CLEAR to reservation spot for airport locations; Home to Gate, a feature to help travelers plan and time their trip to the airport; CLEAR1, a B2B offering that extends secure identity platform to partners to create friction-free experiences for their customers; CLEAR ID, a free and mobile digital ID that allow any traveler to verify their identity; CLEAR Concierge which enhances the CLEAR value proposition for high-frequency and premium travelers, as well as travelers requiring additional assistance, such as families and senior citizens; CLEAR Perks, a suite of added benefits that help CLEAR members get an even more seamless experience; TSA PreCheck Enrollment Provided by CLEAR, as well as online renewal services; Sora ID, a one-click know your customer that enables adding know your customer services to platform offerings; and a virtual queuing technology. The company has a strategic collaboration with Samsung Electronics America, Inc. for the development of Samsung ID with CLEAR, a digital ID solution that allows users to add a US passport to Samsung Wallet and verify their identity. The company was founded in 2010 and is headquartered in New York, New York. Clear Secure, Inc. is a subsidiary of Alclear Investments, Llc.

85 10th Avenue, New York, NY, United States, 10011

646 723 1404

3301

Name Title Year Born
Ms. Caryn Gail Seidman-Becker Chairman & CEO 1973
Mr. Kenneth L. Cornick Pres, CFO & Director 1973
Mr. Samuel Pike Hall Chief Product Officer 1968
Mr. Kasra Moshkani Exec. VP of Operations NA
Mr. Dennis W. Liu Chief Accounting Officer 1983
Mr. Chiranjiv S. Jouhal Chief Technology Officer 1976
Mr. Richard N. Patterson Jr. Chief Information Security Officer 1969
Mr. Matthew Levine Gen. Counsel, Chief Privacy Officer & Sec. 1973
Ms. Maria A. Comella Head of Public Affairs 1981
Mr. W. Catesby Perrin III Exec. VP of Growth 1982

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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