Clear Secure, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the U.S. Securities and Exchange Commission on November 4, 2026, reporting third-quarter and nine-month financial results.

Key Highlights

  • Q3 2026 revenue: $292,850 thousand, compared with $229,193 thousand in Q3 2025, according to the filing.
  • Q3 2026 net income: $75,342 thousand in total, with $53,171 thousand attributable to Clear Secure, Inc.
  • Nine-month revenue: $823,610 thousand for the nine months ended September 30, 2026, versus $660,028 thousand for the same period in 2025.
  • Diluted EPS, Class A, Q3 2026: $0.52 per share, compared with $0.29 for Q3 2025.
  • Total assets: $1,262,482 thousand as of September 30, 2026, down from $1,303,392 thousand at December 31, 2025.
  • Deferred revenue: $603,646 thousand as of September 30, 2026, up from $516,201 thousand at December 31, 2025.
  • Shares outstanding: 99,618,115 shares of Class A Common Stock and 31,679,772 shares of Class C Common Stock as of October 30, 2026.

Clear Secure Reports Q3 and Nine-Month 2026 Financial Results

Clear Secure, Inc. (NYSE:YOU), the identity verification company headquartered in New York, NY, reported quarterly revenue of $292,850 thousand for the three months ended September 30, 2026, according to its unaudited condensed consolidated statements of operations. That compares with $229,193 thousand in the same quarter of 2025. Operating income for Q3 2026 was $82,926 thousand, versus $52,612 thousand in Q3 2025. The filing attributes operating expenses across categories including cost of revenue share fee ($42,986 thousand), cost of direct salaries and benefits ($49,111 thousand), research and development ($20,330 thousand), sales and marketing ($17,691 thousand), general and administrative ($72,992 thousand), and depreciation and amortization ($6,814 thousand) for the quarter.

For the nine months ended September 30, 2026, the company reported total revenue of $823,610 thousand and net income of $204,036 thousand, of which $142,016 thousand was attributable to Clear Secure, Inc. This compares with nine-month revenue of $660,028 thousand and net income attributable to Clear Secure, Inc. of $78,406 thousand for the same period in 2025. Interest income, net, was $23,607 thousand for the nine-month period in 2026, versus $18,580 thousand for the equivalent 2025 period. Income tax expense for the nine months ended September 30, 2026 was $51,178 thousand, compared with $27,584 thousand in the prior-year period.

As of September 30, 2026, the condensed consolidated balance sheet showed total assets of $1,262,482 thousand, total liabilities of $1,132,000 thousand, and total stockholders' equity of $130,482 thousand. Cash and cash equivalents stood at $35,353 thousand, down from $85,734 thousand at December 31, 2025, while marketable securities were $597,616 thousand. Deferred revenue increased to $603,646 thousand from $516,201 thousand at year-end 2025. Retained earnings were $122,762 thousand as of September 30, 2026.

What Was Disclosed

Clear Secure, Inc. filed a quarterly report covering the three and nine months ended September 30, 2026, disclosing revenue, net income, earnings per share, balance sheet positions, share counts, and changes in stockholders' equity for the reported periods.