Core Insights - Clear Secure, Inc. reported strong financial results for Q3 2025, with revenue of $229.2 million, a year-over-year increase of 15.5% [6] - The company emphasized the importance of secure identity solutions amid rising cybersecurity threats, highlighting the growth of its CLEAR brand [4] Financial Performance - Revenue for Q3 2025 was $229.2 million, up 15.5% from $198.4 million in Q3 2024 [6][8] - Total bookings reached $260.1 million, reflecting a 14.3% increase year-over-year [6][8] - Operating income was $52.6 million, with a margin of 23.0% [6] - Net income stood at $45.1 million, representing a net income margin of 19.7% [6] - Adjusted EBITDA was $70.1 million, with a margin of 30.6% [6] Membership and Engagement - Active CLEAR+ Members grew to 7.7 million, a 7.5% increase year-over-year [6] - The company expanded its CLEAR+ service for international travelers to over 40 countries [6] - CLEAR launched eGates in 10 airports, with plans to expand to 30 by the end of 2025 [6] Capital Allocation and Guidance - The company returned approximately $16.7 million to shareholders in Q3 2025 through dividends [6] - A quarterly cash dividend of $0.125 per share was declared, payable on December 24, 2025 [6] - For Q4 2025, revenue guidance is set at $234-237 million, indicating a 14.2% year-over-year growth at the midpoint [6] - Total bookings for Q4 2025 are projected to be between $265-270 million, representing a 16.8% year-over-year growth at the midpoint [6] Operational Achievements - CLEAR+ service is available in 60 airports and 328 TSA PreCheck® Enrollment locations as of September 30, 2025 [6] - The company continues to see momentum in its CLEAR1 enterprise service, signing a record number of new customers in the quarter [6]
CLEAR Announces Third Quarter 2025 Financial Results