Clear Secure Q2 Revenue Rises 26.6% as EBITDA Margin Tops 36%
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New York – October 11, 2026 -- Clear Secure, Inc. (NYSE: YOU) reported second-quarter 2026 revenue of $277.8 million, up 26.6% year over year, and raised its full-year free cash flow guidance to at least $480 million from at least $465 million.
Adjusted EBITDA margin expands 900 basis points to 36.4%
Adjusted EBITDA reached $101.1 million, a 36.4% margin. That is 900 basis points above the prior-year level and exceeds the company's long-term Adjusted EBITDA margin target of 35%. Total Bookings rose 32.8% to $295.9 million.
Operating income was $83.0 million, a 29.9% margin. Net income was $72.3 million, a 26.0% margin. Basic and diluted earnings per common share were $0.50 and $0.49, respectively.