Filing Flows › Clear Secure (YOU) › Q3 2026
Clear Secure (YOU) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
Clear Secure (YOU) reported revenue of $293M for the third quarter 2026 (Q3 2026), +28% from a year earlier and +5% from the quarter before. Operating margin was 28.3%, net earnings $53.2M (18.2% of revenue).
Clear Secure, Q3 2026: revenue $293M (+28% year over year), operating margin 28.3%, net earnings $53.2M, operating cash flow −$98.6M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $293M | +5% | +28% |
| Operating profit | $82.9M | 0% | +58% |
| Net earnings | $53.2M | +6% | +88% |
| Operating cash flow | −$98.6M | -149% | — |
What changed
Revenue was $292.9M in Q3 2026, up 28% year over year and up 5% from the previous quarter.
Operating profit was $82.9M, a 28.3% margin (up 5.4 points year over year). Of the extra revenue versus Q3 2025, 48% reached operating profit, above the 23% margin then. Total costs grew 19% against revenue growth of 28%. The fastest-growing cost line was Sales & marketing (+37%). Net earnings were $53.2M, up 88% year over year. The effective tax rate was 19.1%.
Operating cash flow was −$98.6M. Non-cash charges added back $6.8M of depreciation and amortization and $13.7M of share-based compensation. Working capital and other items used $194.4M. Capital expenditures of $5.3M exceeded it, leaving free cash flow of −$103.8M.
Questions
What was Clear Secure's revenue in the third quarter 2026?
Clear Secure (YOU) reported revenue of $293M for the third quarter 2026 (Q3 2026), +28% from a year earlier and +5% from the quarter before.
Was Clear Secure profitable in the third quarter 2026?
Operating profit was $82.9M (28.3% of revenue) and net earnings $53.2M.
Source: Clear Secure 10-Q on SEC EDGAR.