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Clear Secure, Inc.

YOU · Services-Prepackaged Software · 87.8M shares · EDGAR filings ↗
Net buyback after stock comp: $32M (gross $70M, SBC $37M)

Reference price $53.21 · est. market cap ~$4.7B — last insider sale, 2026-06-24 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)

Grade

A80

Secure-identity platform (CLEAR) — profitable with elite free cash flow and strong returns.

Strengths

Risks

Notable findings

Quarterly revenue

2025-06-30 · $219M2025-09-30 · $229M2025-12-31 · $241M2026-03-31 · $253M

Last 4 quarters · from SEC filings.

Key metrics

Operating margin
20.7%
Net margin
12.1%
Return on equity
61.4%
Return on assets
8.4%
Revenue growth (QoQ)
5.1%
Net-income growth
-35.7%
Current ratio
1.0×
Free cash flow
$343M
EBITDA
$221M
Tangible book value
$112M
Cash & investments
$700M
Stock comp / revenue
4.3%

Insider transactions · last 18 months

DateInsiderTypeSharesPrice
2026-06-25Seidman Becker CarynDisposition197K
2026-06-25Seidman Becker CarynGrant197K
2026-06-25Alclear Investments, LLCDisposition197K
2026-06-25Alclear Investments, LLCGrant197K
2026-06-25Alclear Investments, LLCDisposition197K
2026-06-25Alclear Investments, LLCGrant197K
2026-06-25Seidman Becker CarynDisposition197K
2026-06-25Seidman Becker CarynGrant197K
2026-06-24Seidman Becker CarynGrant16K
2026-06-24Seidman Becker CarynSell197K$53.21
2026-06-24Alclear Investments, LLCSell197K$53.21
2026-06-24Alclear Investments, LLCDisposition16K
2026-06-24Alclear Investments, LLCGrant16K
2026-06-24Alclear Investments, LLCDisposition16K
2026-06-24Alclear Investments, LLCGrant16K
2026-06-24Seidman Becker CarynDisposition16K
2026-06-24Seidman Becker CarynGrant16K
2026-06-24Seidman Becker CarynDisposition16K
2026-06-23Seidman Becker CarynSell16K$53.13
2026-06-23Alclear Investments, LLCSell16K$53.13
2026-06-17Seidman Becker CarynGrant3.2K
2026-06-17Seidman Becker CarynGrant3.2K
2026-06-17Alclear Investments, LLCDisposition3.2K
2026-06-17Alclear Investments, LLCGrant3.2K
2026-06-17Alclear Investments, LLCDisposition3.2K
2026-06-17Alclear Investments, LLCGrant3.2K
2026-06-17Seidman Becker CarynDisposition3.2K
2026-06-17Seidman Becker CarynDisposition3.2K
2026-06-16Seidman Becker CarynSell3.2K$53.03
2026-06-16Alclear Investments, LLCSell3.2K$53.03
2026-06-14Henry ShawnOption exercise4.7K
2026-06-05Henry ShawnOption exercise6.7K
2026-06-05Scher PeterOption exercise6.7K
2026-06-05Collins TomagoOption exercise6.7K
2026-06-05Hollister Kathryn AOption exercise6.7K
2026-06-02McLaughlin KyleSell8.0K$56.20
2026-05-28Barkin Michael ZSell12K$56.29
2026-05-15Schlegel JonathanSell4.4K$59.02
2026-04-01Barkin Michael ZOption exercise65K
2026-04-01Hsu JenniferOption exercise7.1K
2026-04-01Hsu JenniferTax withheld3.9K$49.09
2026-04-01Barkin Michael ZTax withheld36K$49.09
2026-03-31Hollister Kathryn AOption exercise530
2026-03-13Alclear Investments, LLCOther200K
2026-03-13Seidman Becker CarynOther200K
2026-03-13Seidman Becker CarynOther200K
2026-03-13Seidman Becker CarynGift200K
2026-03-12Seidman Becker CarynGrant200K
2026-03-12Alclear Investments, LLCGrant200K
2026-03-12Seidman Becker CarynDisposition200K
2026-03-12Alclear Investments, LLCDisposition200K
2026-03-05Seidman Becker CarynDisposition174K
2026-03-05Alclear Investments, LLCDisposition174K
2026-03-05Alclear Investments, LLCGrant174K
2026-03-05Alclear Investments, LLCDisposition174K
2026-03-05Alclear Investments, LLCGrant174K
2026-03-05Seidman Becker CarynGrant174K
2026-03-05Seidman Becker CarynDisposition174K
2026-03-05Seidman Becker CarynGrant174K
2026-03-04Alclear Investments, LLCDisposition326K
2026-03-04Alclear Investments, LLCGrant326K
2026-03-04Seidman Becker CarynGrant326K
2026-03-04Seidman Becker CarynDisposition326K
2026-03-04Seidman Becker CarynSell22K$49.24
2026-03-04Seidman Becker CarynGrant326K
2026-03-04Seidman Becker CarynGrant326K
2026-03-04Seidman Becker CarynSell153K$48.41
2026-03-04Alclear Investments, LLCSell153K$48.41
2026-03-04Alclear Investments, LLCSell22K$49.24
2026-03-04Alclear Investments, LLCDisposition326K
2026-03-04Alclear Investments, LLCGrant326K
2026-03-03Haaland LynnSell11K$47.44
2026-03-03Alclear Investments, LLCSell51K$48.68
2026-03-03Alclear Investments, LLCSell138K$49.48
2026-03-03Alclear Investments, LLCSell14K$50.14
2026-03-03Seidman Becker CarynSell51K$48.68
2026-03-03Seidman Becker CarynSell138K$49.48
2026-03-03Seidman Becker CarynSell14K$50.14
2026-03-02Seidman Becker CarynSell799$49.02
2026-03-02Seidman Becker CarynSell122K$48.36
2026-03-02Alclear Investments, LLCSell799$49.02
2026-03-02Alclear Investments, LLCSell122K$48.36
2026-03-02Liu Dennis W.Sell8.0K$48.57
2026-03-01Barkin Michael ZSell23K$48.22
2026-03-01Seidman Becker CarynOption exercise87K
2026-03-01Seidman Becker CarynTax withheld48K$48.64
2026-03-01McLaughlin KyleOption exercise5.2K
2026-03-01McLaughlin KyleTax withheld2.7K$48.64
2026-03-01McLaughlin KyleOption exercise3.5K
2026-03-01McLaughlin KyleTax withheld1.8K$48.64
2026-03-01Haaland LynnOption exercise18K
2026-03-01Haaland LynnTax withheld8.7K$48.64
2026-03-01Barkin Michael ZOption exercise48K
2026-03-01Barkin Michael ZTax withheld26K$48.64
2026-02-27Seidman Becker CarynTax withheld41K$48.64
2026-02-27McLaughlin KyleTax withheld4.8K$48.64
2026-02-27Hsu JenniferTax withheld4.8K$48.64
2026-02-27Barkin Michael ZSell7.1K$48.23
2026-02-27Haaland LynnOption exercise15K
2026-02-27Haaland LynnTax withheld5.3K$48.64
2026-02-27Hsu JenniferOption exercise11K
2026-02-27Seidman Becker CarynOption exercise74K
2026-02-27Schlegel JonathanOption exercise7.4K
2026-02-27Schlegel JonathanTax withheld3.0K$48.64
2026-02-27McLaughlin KyleOption exercise13K
2026-02-26Wiener AdamSell15K$50.00
2026-02-25Wiener AdamSell8.0K$40.66
2026-02-25Haaland LynnSell7.8K$44.00
2026-02-25Haaland LynnSell7.8K$46.00
2026-02-25Wiener AdamSell10K$45.00
2026-01-02Wiener AdamSell14K$35.00
2025-12-31Hollister Kathryn AOption exercise530
2025-12-16Alclear Investments, LLCDisposition500K
2025-12-16Seidman Becker CarynDisposition500K
2025-12-16Seidman Becker CarynGrant500K
2025-12-16Seidman Becker CarynDisposition500K
2025-12-16Seidman Becker CarynGrant500K
2025-12-16Alclear Investments, LLCDisposition500K
2025-12-16Alclear Investments, LLCGrant500K
2025-12-16Alclear Investments, LLCGrant500K
2025-12-12Wiener AdamSell8.0K$40.00
2025-12-12Haaland LynnSell7.8K$40.00
2025-12-12Haaland LynnSell7.8K$42.00
2025-12-12Alclear Investments, LLCSell283K$40.53
2025-12-12Alclear Investments, LLCSell214K$41.31
2025-12-12Alclear Investments, LLCSell2.2K$42.02
2025-12-12Seidman Becker CarynSell283K$40.53
2025-12-12Seidman Becker CarynSell214K$41.31
2025-12-12Seidman Becker CarynSell2.2K$42.02
2025-11-06Wiener AdamSell6.0K$36.04
2025-10-01Wiener AdamSell8.0K$33.02
2025-09-30Hollister Kathryn AOption exercise530
2025-09-10Alclear Investments, LLCOther200K
2025-09-10Seidman Becker CarynOther200K
2025-09-10Seidman Becker CarynOther200K
2025-09-10Seidman Becker CarynGift200K
2025-09-09Seidman Becker CarynGrant200K
2025-09-09Seidman Becker CarynDisposition200K
2025-09-09Alclear Investments, LLCDisposition200K
2025-09-09Alclear Investments, LLCGrant200K
2025-09-01Liu Dennis W.Tax withheld4.0K$36.31
2025-09-01McLaughlin KyleOption exercise9.2K
2025-09-01McLaughlin KyleTax withheld3.6K$36.31
2025-09-01Liu Dennis W.Option exercise11K
2025-08-22Liu Dennis W.Sell2.0K$36.00
2025-08-22Barkin Michael ZGrant4.0K
2025-08-22Barkin Michael ZSell16K$35.22
2025-08-22Barkin Michael ZDisposition16K
2025-08-22Barkin Michael ZGrant16K
2025-08-22Barkin Michael ZDisposition4.0K
2025-08-21Wiener AdamSell6.0K$35.00
2025-08-21Barkin Michael ZSell4.0K$35.01
2025-08-06Barkin Michael ZGrant20K
2025-08-06Barkin Michael ZDisposition20K
2025-08-05Barkin Michael ZSell11K$32.26
2025-08-05Liu Dennis W.Sell1.0K$32.00
2025-08-05Liu Dennis W.Sell4.0K$34.00
2025-08-05Barkin Michael ZSell8.7K$33.54
2025-08-01Haaland LynnOption exercise39K
2025-08-01Haaland LynnTax withheld20K$28.84
2025-08-01Scher PeterGrant5.6K
2025-07-17Wiener AdamSell5.0K$30.00
2025-07-01Wiener AdamSell3.0K$27.50
2025-06-14Henry ShawnGrant4.7K
2025-06-05Wiener AdamOption exercise9.8K
2025-06-05Hollister Kathryn AOption exercise9.8K
2025-06-05Henry ShawnOption exercise9.8K
2025-06-05Collins TomagoOption exercise9.8K
2025-06-05BOYD JEFFERY HOption exercise9.8K
2025-06-05Barkin Michael ZOption exercise9.8K
2025-06-05Barkin Michael ZTax withheld4.1K$25.96
2025-05-28Alclear Investments II, LLCDisposition200K
2025-05-28Alclear Investments II, LLCGrant200K
2025-05-28Alclear Investments II, LLCDisposition200K
2025-05-28Alclear Investments II, LLCGrant200K
2025-05-28Cornick Kenneth L.Disposition200K
2025-05-28Cornick Kenneth L.Grant200K
2025-05-28Cornick Kenneth L.Disposition200K
2025-05-28Cornick Kenneth L.Grant200K
2025-05-22Alclear Investments II, LLCGrant377K
2025-05-22Alclear Investments II, LLCDisposition123K
2025-05-22Alclear Investments II, LLCGrant123K
2025-05-22Alclear Investments II, LLCDisposition123K
2025-05-22Alclear Investments II, LLCGrant123K
2025-05-22Alclear Investments II, LLCDisposition377K
2025-05-22Alclear Investments II, LLCGrant377K
2025-05-22Alclear Investments II, LLCDisposition377K
2025-05-22Alclear Investments II, LLCSell228K$25.54
2025-05-22Cornick Kenneth L.Disposition123K
2025-05-22Cornick Kenneth L.Grant123K
2025-05-22Cornick Kenneth L.Disposition123K
2025-05-22Cornick Kenneth L.Grant123K
2025-05-22Cornick Kenneth L.Disposition377K
2025-05-22Cornick Kenneth L.Grant377K
2025-05-22Cornick Kenneth L.Disposition377K
2025-05-22Cornick Kenneth L.Grant377K
2025-05-22Cornick Kenneth L.Sell228K$25.54
2025-05-21Alclear Investments II, LLCSell123K$25.51
2025-05-21Cornick Kenneth L.Sell123K$25.51
2025-05-16Alclear Investments II, LLCDisposition291K
2025-05-16Alclear Investments II, LLCGrant291K
2025-05-16Cornick Kenneth L.Grant316K
2025-05-16Cornick Kenneth L.Disposition316K
2025-05-16Cornick Kenneth L.Grant316K
2025-05-16Cornick Kenneth L.Disposition291K
2025-05-16Cornick Kenneth L.Grant291K
2025-05-16Cornick Kenneth L.Disposition291K
2025-05-16Cornick Kenneth L.Grant291K
2025-05-16Alclear Investments II, LLCDisposition316K
2025-05-16Alclear Investments II, LLCGrant316K
2025-05-16Alclear Investments II, LLCDisposition316K
2025-05-16Alclear Investments II, LLCGrant316K
2025-05-16Alclear Investments II, LLCDisposition291K
2025-05-16Cornick Kenneth L.Disposition316K
2025-05-16Alclear Investments II, LLCGrant291K
2025-05-15Alclear Investments II, LLCDisposition109K
2025-05-15Alclear Investments II, LLCDisposition125K
2025-05-15Cornick Kenneth L.Sell291K$25.05
2025-05-15Alclear Investments II, LLCSell291K$25.05
2025-05-15Alclear Investments II, LLCGift125K
2025-05-15Cornick Kenneth L.Disposition109K
2025-05-15Cornick Kenneth L.Grant109K
2025-05-15Cornick Kenneth L.Disposition109K
2025-05-15Cornick Kenneth L.Grant109K
2025-05-15Cornick Kenneth L.Disposition125K
2025-05-15Cornick Kenneth L.Grant125K
2025-05-15Alclear Investments II, LLCGrant125K
2025-05-15Alclear Investments II, LLCDisposition109K
2025-05-15Alclear Investments II, LLCGrant109K
2025-05-15Alclear Investments II, LLCGrant109K
2025-05-14Alclear Investments II, LLCSell316K$25.02
2025-05-14Cornick Kenneth L.Sell316K$25.02
2025-05-13Cornick Kenneth L.Disposition109K$25.23
2025-05-13Alclear Investments II, LLCSell109K$25.23
2025-05-02McLaughlin KyleTax withheld2.3K$25.15
2025-05-02McLaughlin KyleOption exercise6.5K
2025-03-17Wiener AdamSell3.0K$25.00
2025-03-01McLaughlin KyleTax withheld1.9K$23.71
2025-03-01McLaughlin KyleOption exercise5.2K
2025-03-01Cornick Kenneth L.Option exercise65K
2025-03-01Seidman Becker CarynOption exercise87K
2025-03-01Haaland LynnOption exercise18K
2025-03-01Haaland LynnTax withheld6.4K$23.71
2025-03-01McLaughlin KyleOption exercise3.5K
2025-03-01McLaughlin KyleTax withheld1.2K$23.71

All non-derivative Form 4 activity (SEC), newest first.

Notable events (8-K)

DateItems
2026-06-23Material agreementDebt obligationExhibitsfiling ↗
2026-06-105.03Shareholder voteExhibitsfiling ↗
2026-05-06ResultsExhibitsfiling ↗
2026-03-19Exec/director changefiling ↗
2026-02-25ResultsExhibitsfiling ↗
2025-11-06ResultsExhibitsfiling ↗
2025-08-05ResultsExhibitsfiling ↗
2025-06-09Shareholder votefiling ↗

Recent filings

FormFiledPeriodAccession
8-K2026-06-232026-06-230000950142-26-001859 ↗
8-K2026-06-102026-06-100001856314-26-000020 ↗
10-Q2026-05-062026-03-310001628280-26-030937 ↗
8-K2026-05-062026-05-060001856314-26-000013 ↗
8-K2026-03-192026-03-190000950142-26-000784 ↗
8-K2026-02-252026-02-250001856314-26-000004 ↗
10-K2026-02-252025-12-310001856314-26-000006 ↗
8-K2025-11-062025-11-060001856314-25-000147 ↗
10-Q2025-11-062025-09-300001856314-25-000149 ↗
10-Q2025-08-052025-06-300001856314-25-000143 ↗
8-K2025-08-052025-08-050001856314-25-000141 ↗
8-K2025-06-092025-06-050001856314-25-000099 ↗