CLEAR Secure, Inc.

YOU Technology Software Application

CLEAR Secure, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $900.8 million, up 16.9% from fiscal 2024. In the quarter to June 2026, revenue grew 26.6%, EPS grew 92.3% and free cash flow grew 60.3%, each against the same quarter a year earlier. Revenue growth for five consecutive years, operating cash flow growth for five.

43.87 1.15 −2.55%
Market cap
$6.1B
P/E
29.4×
Fwd P/E
30.7×
Dividend yield
—
F-score
6/9
Altman Z
3.13
Beneish M
−1.10
Dividend safety
57/100

Insider Decisions trades per month

Total sells 191.05
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell 1 4 1 3 6 — 2 7 6 2 3 —
Insider Ownership 5.27%

Capital & Financial Ratios $m

Market Cap 6,090.00
Revenue 1,000.70
Net Income 220.38
Free Cash Flow 508.39
Net Debt (959.27)
Current Ratio 1.04
Debt/Equity 0.00 (at or below 0.5: strong)
P/E ratio 29.44
Fwd P/E 30.70
P/S ratio 4.42
P/B ratio 18.19 (above 6: high)
Past 5Y EPS Growth —
This Y EPS Growth 63.69% (at or above 15%: strong)
Next Y EPS Growth 19.82% (at or above 15%: strong)
Next Y revenue growth 62.29% (at or above 10%: strong)
Next 5Y EPS Growth 36.81% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 38.53%
10-year low 10-year high
P/S against its own 10 years 51.62%
10-year low 10-year high
P/B against its own 10 years 72.13%
10-year low 10-year high
EV/Sales against its own 10 years 57.33%
10-year low 10-year high
EV/FCF against its own 10 years 29.98%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2028 Powerpack
2027 Powerpack
2026 Powerpack
2025 Powerpack
2024 Powerpack
2023 0.07
0.20
0.07
2022 0.00
0.25
2021 Powerpack
2020 Powerpack
2019 Powerpack
2018 Powerpack
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 723 609 700 959
Receivables 1 1 2 1
Inventory — — — —
Other — — — —
770 662 765 1,024
2023 2024 2025 Q'26
Payables 12 18 7 6
ST’ Debt — — — —
Other — — — —
552 643 760 984

Compound Annual Growth %

10y 5y 3y
Sales — 31.30% 27.22%
Cash Flow — 0.00% 30.31%
Earnings — 0.00% 0.00%
Book Value — 0.00% (26.32%)

Revenue $m

Mar Jun Sep Dec Year
’26 253 278 — — —
’25 211 219 229 241 901
’24 179 187 198 206 770
’23 132 150 160 171 614
’22 91 103 116 128 437
’21 51 55 68 81 254
’20 61 60 56 53 231
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 190 201 — — —
’25 98 123 (47) 198 372
’24 80 115 (36) 137 296
’23 61 75 (5) 94 225
’22 25 51 13 79 168
’21 0 3 35 32 70
’20 (42) (3) 17 16 (12)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 185 189 — — —
’25 91 118 (53) 187 343
’24 77 110 (38) 134 283
’23 51 67 (9) 90 199
’22 19 41 5 71 136
’21 (9) (3) 28 26 41
’20 (46) (6) 14 9 (29)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.38 0.49 — — —
’25 0.26 0.26 0.29 0.31 1.12
’24 0.20 0.26 0.25 0.83 1.56
’23 (0.06) 0.04 0.17 0.15 0.31
’22 (0.13) (0.09) (0.44) (0.13) (0.80)
’21 (0.09) (0.03) (0.23) (0.22) (0.48)
’20 (0.35) 0.15 0.08 0.06 (0.06)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.9
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — — — — 24.02 18.79 15.28 16.05 21.67

Analyst estimates 2026–2028

Powerpack
High — — — — — 65.70 34.80 35.00 38.88 42.29
People
People Employees — — — — 1,646 2,251 3,056 3,698 4,022 3,301
Revenue/emp, $m — — — 0.00 0.14 0.11 0.14 0.17 0.19 0.27
Income, $m
Income, $m Revenue — — — 192 231 254 437 614 770 901
Gross margin, % — — — 51.99 68.06 58.68 63.18 62.28 63.51 64.42
EBT — — — (54) (9) (115) (117) 51 67 206
EBT margin, % — — — (28.20) (4.03) (45.26) (26.86) 8.25 8.65 22.88
Net income — 0 — (54) (9) (115) (115) 50 225 168
Depreciation — — — 7 9 13 16 8 19 33
Per share, $
Per share, $ Revenue — — — 1.31 1.57 3.32 5.33 6.77 8.21 9.39
Earnings — — — (0.37) (0.06) (0.48) (0.80) 0.31 1.81 1.14
Cash flow — — — 0.11 (0.08) 0.91 2.05 2.48 3.15 3.88
Capex — — — (0.10) (0.12) (0.38) (0.39) (0.29) (0.13) (0.31)
Free cash flow — — — 0.01 (0.20) 0.53 1.66 2.20 3.02 3.58
Book value — — — (1.93) (3.32) 7.05 6.22 4.08 2.53 2.13
Shares, m — — — 147 147 77 82 91 94 96
Valuation, ×
Valuation, × P/E — — — 2,000.00 2,000.00 0.00 0.00 68.13 14.97 31.32
P/S — — — 10.85 10.85 9.46 5.23 3.02 3.25 3.74
P/B — — — 17.07 17.07 4.45 4.48 5.02 10.51 16.47
EV/Sales — — — 9.90 9.90 7.03 3.62 1.84 2.46 2.96
EV/FCF — — — 206.24 206.24 43.85 11.61 5.68 6.68 7.78
Cash, $m
Cash, $m Operating cash flow — — — 17 (12) 70 168 225 296 372
Capex — — — (15) (17) (29) (32) (26) (12) (29)
Free cash flow — — — 1 (29) 41 136 199 283 343
Balance, $m
Balance, $m Working capital — — — 98 26 388 344 218 19 5
Total debt — — — — — — 130 — — —
Net debt — — — (247) (154) (615) (705) (723) (609) (700)
Shareholders’ equity — — — (283) (487) 539 511 369 238 204
Returns, %
Returns, % ROA — — — (34.01) (3.38) (6.91) (7.09) 2.70 15.15 8.74
ROIC — — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00
ROE — — — 14.08 2.42 (137.27) (12.49) 6.39 55.89 49.36
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

CLEAR Secure, Inc. vs peers in Software Application (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
DUOL Duolingo, Inc. $7.0B 16.0× 38.6× +18.31% (above 0%: growing) −27.55% (below 0%: shrinking) −8.91% (below 0%: shrinking) 72.62% 11.37% Compare
NICE Nice $6.7B 16.1× 12.7× +7.65% (above 0%: growing) −53.16% (below 0%: shrinking) +141.20% (above 0%: growing) 64.04% 13.29% Compare
RNG Ringcentral, Inc. $6.7B 58.5× 26.0× +5.90% (above 0%: growing) +213.33% (above 0%: growing) +24.80% (above 0%: growing) 71.89% 7.65% Compare
CVLT CommVault Systems, Inc. $6.6B 94.4× 50.7× +11.40% (above 0%: growing) −3.77% (below 0%: shrinking) +71.47% (above 0%: growing) 81.66% 8.19% Compare
NAVN Navan, Inc. $6.6B — (loss-making) — (loss-making) +35.38% (above 0%: growing) n/m +618.65% (above 0%: growing) 74.09% (10.98%) Compare
LYFT Lyft, Inc. $6.5B 2.4× 23.6× +16.08% (above 0%: growing) +30.00% (above 0%: growing) −1.89% (below 0%: shrinking) 49.75% 2.58% Compare
YOU CLEAR Secure, Inc. $6.1B 29.4× 30.7× +26.56% (above 0%: growing) +92.31% (above 0%: growing) +60.26% (above 0%: growing) 68.57% 29.86%
PEGA Pegasystems Inc. $5.9B 18.2× 19.5× +9.42% (above 0%: growing) −55.56% (below 0%: shrinking) −2.85% (below 0%: shrinking) 74.32% 3.95% Compare
NIQ NIQ Global Intelligence plc $5.6B — (loss-making) — (loss-making) +8.01% (above 0%: growing) n/m +199.46% (above 0%: growing) 55.52% 5.81% Compare
Median of peers $6.6B 17.2× 24.8× +10.41% −15.66% +48.14% 72.26% 6.73%

All 237 Software Application stocks →

CLEAR Secure, Inc. (YOU) key facts

  • Concern: Net income was $168.1 million, or $1.14 per share (basic), a net margin of 12.1%.
  • Strength: CLEAR Secure, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $900.8 million, up 16.9% from fiscal 2024.
  • CLEAR Secure, Inc. (YOU) is a Software Application company in the Technology sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, YOU traded at $43.87, a market capitalization of $6.1 billion.
  • At that price the stock trades at 29.4× trailing-twelve-month earnings and 4.4× sales; its P/E is higher than 39% of its own readings over the past ten years.
  • Return on equity was 49.4% and debt-to-equity 0.00.
  • Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 3.13 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

CLEAR Secure, Inc. (YOU) Latest News

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stockrow.com/YOU · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com