CLEAR Q4 revenue up 16.7% to $240.8 million; Q1 2026 revenue guidance $242-245 million
CLEAR Secure reported fourth-quarter and full-year 2025 results on February 25, 2026. Revenue and Total Bookings grew, but full-year net income attributable to Clear Secure fell from $169.7 million to $109.2 million, and diluted EPS fell from $1.56 to $1.12, partly because the prior year included a large income tax benefit. The board also raised the dividend and expanded the share repurchase authorization.
Key points
- Q4 2025 revenue was $240.8 million, up 16.7%; Total Bookings were $287.1 million, up 25.4%.
- Full-year 2025 net income attributable to Clear Secure was $109.2 million, versus $169.7 million in 2024; diluted EPS was $1.12 versus $1.56.
- Q4 2025 diluted EPS was $0.31 versus $0.83 a year earlier; the prior-year quarter included a $165.8 million income tax benefit.
- Board declared a quarterly dividend of $0.15 per share (a 20% increase) and a special dividend of $0.20 per share, payable March 24, 2026; buyback authorization increased by $125.0 million to about $250.3 million remaining.
The filing
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 25, 2026.
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.