Clear Secure Reports Strong Q3 2026 Growth Driven by Member Expansion and B2B Scaling
Clear Secure (YOU) delivered robust third-quarter 2026 financial results, headlined by a 27.8% year-over-year revenue increase to $292.9 million. The company's total member base grew significantly to 46.7 million, while its CLEAR1 business segment saw bookings nearly triple compared to the previous year, signaling successful expansion into B2B and government sectors. Despite a negative free cash flow of $103.8 million due to a one-time $315 million settlement of partnership liabilities, the company demonstrated strong profitability with an adjusted EBITDA margin of 35.5%. Management raised full-year free cash flow guidance to at least $490 million and continues to aggressively return capital to shareholders through share repurchases and dividends.
Topics: earnings per share guidance member growth revenue growth share repurchases