AI brief of an SEC Form 8-K · Clear Secure (YOU)

Clear Secure Q2 revenue rises 24.6% to $186.7 million; net income $38.6 million

Positive Impact 3 of 5 earnings Written later

Clear Secure reported second-quarter 2024 revenue of $186.7 million, up 24.6% from a year earlier, and net income of $38.6 million, compared with $8.0 million in the second quarter of 2023. The company also guided to third-quarter 2024 revenue of $193 million to $195 million and Total Bookings of $220 million to $222 million, which gives shareholders a near-term outlook for growth.

Key points

  • Q2 2024 revenue of $186.7 million, up 24.6% year over year; Total Bookings of $197.0 million, up 12.5%
  • Net income of $38.6 million, or $0.26 per share basic and diluted, versus $8.0 million and $0.04 per share in Q2 2023
  • Q3 2024 guidance: revenue of $193 million to $195 million and Total Bookings of $220 million to $222 million
  • Net cash provided by operating activities of $114.6 million and Free Cash Flow of $110.1 million in Q2 2024

The filing

CompanyClear Secure (YOU)
Form8-K, current report
Filed with the SECAug 6, 2024, 6:01 AM ET
Accession number0001856314-24-000106

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 2:07 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.