Welcome to our dedicated page for Clear Secure SEC filings (Ticker: YOU), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Clear Secure, Inc. filings document the formal disclosures of a secure identity company listed on the NYSE under the symbol YOU. Form 8-K reports provide quarterly and annual operating results, GAAP and non-GAAP financial measures, bookings, cash flow, dividends and share repurchases associated with the company’s CLEAR+ subscription member model.
Proxy materials describe annual meeting matters, board and governance practices, executive compensation and stockholder voting. Other current reports record executive officer changes and related compensation arrangements, giving the filing record a formal view of financial reporting, governance and capital-allocation disclosures for Clear Secure.
Clear Secure, Inc. (NYSE: YOU) – Q2 FY-25 (period ended 6/30/25)
- Top-line growth: Q2 revenue rose 17.5 % YoY to $219.5 m; 1H revenue up 17.8 % to $430.8 m, driven primarily by CLEAR+ subscription momentum.
- Profitability: Operating income climbed 40 % YoY to $42.6 m as operating margin expanded 290 bp to 19.4 %. Net income attributable to Clear edged up 2.5 % to $24.7 m (EPS basic/diluted $0.26).
- Cash generation: 1H operating cash flow increased 13.6 % to $221.3 m; capex of $12.1 m produced positive FCF of ~$209 m.
- Balance sheet: Cash & marketable securities totaled $605.7 m (-0.6 % YTD). No debt outstanding; $66.4 m of revolver capacity remains. Total liabilities rose 10 % to $1.05 bn, driven by a $113.8 m jump in accrued liabilities (credit-card partnership benefits and TRA).
- Capital returns: 5.3 m Class A shares repurchased for $126.3 m (avg. $23.86); $48.8 m paid in regular & special dividends. Remaining buyback authorization: $126.5 m.
- Share base: Class A shares outstanding fell 3.1 % YTD to 93.8 m; non-controlling interest ownership diluted to 29.0 %.
- Other items: $4.7 m impairment recorded on a private strategic investment; effective tax rate rose to 14.5 % (vs. 1.0 %). Subsequent-event quarterly dividend of $0.125 declared (payable 9/17/25).
Total liquidity remains strong, margins are widening, and management continues aggressive capital returns, though rising liabilities and higher tax expense warrant monitoring.
Clear Secure, Inc. (YOU) – Form 4 filing dated 08/04/2025
General Counsel & Chief Privacy Officer Lynn Haaland reported the 08/01/2025 vesting of 39,452 restricted stock units (RSUs). The RSUs converted into an equal number of Class A shares at a stated price of $0 (code M). To satisfy tax-withholding requirements, 19,695 shares were automatically withheld and disposed of at $28.84 per share (code F). After these transactions, Haaland directly owns 50,760 Class A shares and retains 78,905 RSUs that will vest in two equal tranches on 08/01/2026 and 08/01/2027, subject to continued service.
The filing represents routine equity compensation activity with no open-market buying or selling. No changes to derivative terms, no additional purchases, and no indication of material corporate events were disclosed.
Clear Secure director Peter Scher reported the issuance of 5,636 Class A shares following the vesting of restricted stock units (RSUs) that vested on 08/01/2025. The Form 4 shows those shares were issued at $0 as part of compensation and recorded as an acquisition. The filing also reports beneficial ownership figures tied to RSUs: 5,636 shares held directly after the transaction and 11,272 RSU-based derivative interests shown as beneficially owned following the reported transactions.
The RSU award vests in three equal installments: one-third vested on 08/01/2025, one-third will vest on 08/01/2026 and one-third will vest on 08/01/2027. The Form indicates the reporting person is a Director and the report was signed by an attorney-in-fact.