CLEAR SECURE INC CLASS A (YOU)
Information Technology · Biometric Identity Verification and Access Management · NYSE
Clear Secure operates a frictionless biometric identity network connecting 38 million members through airport lanes and B2B verification solutions for travel, enterprise, and government sectors.
What CLEAR SECURE INC CLASS A does
Clear Secure is a secure identity and access management platform that operates through two main businesses: CLEAR+, a consumer travel subscription enabling frictionless airport security checkpoint access nationwide, and CLEAR1, a B2B identity verification solution combining biometric, document, and device signals for enterprise clients in healthcare, workforce, and government sectors. The company maintains a scaled member base of 38 million across physical airport locations and digital platforms, generating revenue through subscription memberships, TSA PreCheck enrollment, and B2B partner licensing.
Themes: ["Identity verification / biometric security","Airport passenger experience","B2B identity platform","Friction reduction / frictionless authentication","Travel / mobility","Government and enterprise security","Healthcare identity verification","Network effects / platform ecosystem"]
Fundamentals
- Price$56.12 as of 2026-07-09 close
- Market cap$7.4B as of 2026-07-10
- 1-year return+93.9% as of 2026-07-09 close
- P/E60.26 as of 2026-07-10
- Net margin+13.0% as of 2026-07-10
- Gross margin+85.7% as of 2026-07-10
- ROE+77.5% as of 2026-07-10
- Debt / equity0.00 as of 2026-07-10
- Revenue growth (YoY)+17.4% as of 2026-07-10
- Revenue CAGR (3y)+27.2% SEC XBRL
- Beta1.07 as of 2026-07-10
Dividend: yield +1.4%; 1-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Heavy dependence on airport partnerships and physical footprint; disruptions to travel patterns or airport operations could materially impact member acquisition and retention","Regulatory risk around biometric data collection and privacy compliance; changes in identity verification standards or restrictions on facial recognition could limit product deployment","Competition from alternative identity verification methods and established players in travel access; consumer preference for alternative security solutions could erode CLEAR+ subscriber growth"]
Competitors & peers
- Idemia (private; government and biometric identity)
- NEC (identity recognition systems)
- Gemalto/Thales Group (identity and access management)
- Jumio (digital identity verification)
- iDenfy (identity verification)
- Okta (identity and access management)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.