The identity-verification firm reported $295.9 million in Q2 bookings and raised its 2026 free-cash-flow guidance to at least $480 million.
CLEAR Secure (NYSE:YOU) delivered a 32.8% year-over-year increase in second-quarter bookings to $295.9 million, while revenue climbed 26.6% to $277.8 million. Adjusted EBITDA margin expanded to 36.4%, and free cash flow hit a record $189 million for the quarter.
Total members grew 30% to 43.5 million, with CLEAR+ subscribers reaching 8.3 million. The company also raised its standard membership price to $219 and expanded airport services, including eGates covering over 70% of its network.
Despite a projected third-quarter free cash flow dip due to a $315 million partnership-liability payment, CLEAR lifted its full-year 2026 free-cash-flow guidance to at least $480 million, citing strong demand for its CLEAR1 identity platform.