Flash FinanceUS
Market closed S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Clear Secure (YOU)

Clear Secure 2024 revenue rises 25.6% to $770.5 million; CFO Cornick steps down

Positive Impact 4 of 5 earnings Written later

Clear Secure reported full-year 2024 revenue of $770.5 million, up 25.6%, and net income of $225.3 million, up from $49.9 million in 2023. The fourth-quarter results also include a one-time tax benefit. The company said President and CFO Kenneth Cornick will step down, with Michael Barkin named President and Jennifer Hsu named CFO, both effective March 31, 2025, and guidance calls for first-quarter 2025 revenue of $207-209 million.

Key points

  • Full-year 2024 operating income was $123.2 million, compared with $20.1 million in 2023.
  • Fourth-quarter 2024 net income of $116.6 million included a $165.5 million non-cash income tax benefit.
  • Kenneth Cornick resigns as President effective March 31, 2025, and remains CFO until his successor starts; Hsu, formerly of Chewy, becomes CFO effective March 31, 2025.
  • 2025 guidance: first-quarter revenue of $207-209 million and full-year Free Cash Flow of at least $310 million.

The filing

CompanyClear Secure (YOU)
Form8-K, current report
Filed with the SECFeb 26, 2025, 6:02 AM ET
Accession number0001856314-25-000006

Items reported: 2.02 Results of Operations5.02 Director / Officer Change

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 February 26, 2025.

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.