Filing Flows › Clear Secure (YOU) › Q2 2026
Clear Secure (YOU) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
Clear Secure (YOU) reported revenue of $278M for the second quarter 2026 (Q2 2026), +27% from a year earlier and +10% from the quarter before. Operating margin was 29.9%, net earnings $50.0M (18.0% of revenue).
Clear Secure, Q2 2026: revenue $278M (+27% year over year), operating margin 29.9%, net earnings $50.0M, operating cash flow $201M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $278M | +10% | +27% |
| Operating profit | $83.0M | +34% | +95% |
| Net earnings | $50.0M | +29% | +102% |
| Operating cash flow | $201M | +6% | +64% |
| Free cash flow | $189M | — | +60% |
What changed
Revenue was $277.8M in Q2 2026, up 27% year over year and up 10% from the previous quarter.
Operating profit was $83.0M, a 29.9% margin (up 10.5 points year over year). Of the extra revenue versus Q2 2025, 69% reached operating profit, above the 19% margin then. Total costs grew 10% against revenue growth of 27%. The fastest-growing cost line was Sales & marketing (+18%). Net earnings were $50.0M, up 102% year over year. The effective tax rate was 20.8%.
Operating cash flow was $201.2M (up 64% year over year), 278% of net income including minority interests. Non-cash charges added back $6.7M of depreciation and amortization and $11.1M of share-based compensation. Working capital and other items added $111.1M. After purchases of property and equipment ($12.2M), free cash flow as the company reports it was $189.0M.
Questions
What was Clear Secure's revenue in the second quarter 2026?
Clear Secure (YOU) reported revenue of $278M for the second quarter 2026 (Q2 2026), +27% from a year earlier and +10% from the quarter before.
Was Clear Secure profitable in the second quarter 2026?
Operating profit was $83.0M (29.9% of revenue) and net earnings $50.0M.
Source: Clear Secure 10-Q on SEC EDGAR.