Clear Secure IncYOU
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Q2 beat with revenue up 26.6%, bookings up 32.8%, and raised FY free cash flow guidance to at least $480M.
Impact on stocks 1
Cybersecurity & Digital Trust
Clear Secure IncClear Secure reported second-quarter results that beat expectations, with revenue up 26.6% to $277.8 million and bookings up 32.8% to $295.9 million, while raising its full-year free cash flow guidance to at least $480 million. However, the company's own third-quarter forecast points to slower growth, with revenue growth of 24.6% and bookings growth of just 20.5% at the midpoint. Operating income reached $83 million, and adjusted EBITDA hit $101.1 million, with margins expanding 900 basis points year over year. The company also declared a quarterly dividend of $0.15 per share, but share repurchases fell sharply to $1.2 million in the first half of 2026 from $126.3 million a year earlier. Hedge fund ownership slipped from 33 to 27 funds, and short interest stands at 15.62% of the float, reflecting market skepticism about sustaining 30%-plus growth.
Clear Secure IncQ2 beat with revenue up 26.6%, bookings up 32.8%, and raised FY free cash flow guidance to at least $480M.