# CLEAR SECURE, INC. (YOU) · Edgar & Edgarette company card

> Clear Secure (YOU) grew revenue 16.9% in FY2025 to $901 million, operating margin 20.7% against a 0.9% median for prepackaged software, equity 13.6% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1856314 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/YOU) · [JSON](https://www.pops4.com/boards/company/YOU.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $901M |
| Revenue growth, 1 year | 16.9% |
| Revenue growth per year | 37.2% |
| Operating margin | 20.7% (prior year 16.0%) |
| Net margin | 18.7% |
| Operating cash flow | $372M |
| Capital spending | $29M |
| Free cash flow | $343M |
| Cash | $86M |
| Long-term debt | — |
| Total assets | $1.3B |
| Total equity | $178M |
| Equity ÷ assets | 13.6% |
| Return on equity | 94.6% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: 1.45 (grey zone)
- Piotroski F: 5 of 9 (middling)
- Health Harbor boat: New ship · no warning signs
- Cash Compass: Cash cow later · growing fast, and already turning revenue into cash

## Edgarette's reading

Exposure: revenue $900.8M (FY2025). Experience: revenue up 16.9% on the year, up 37.2% a year over 4 years; operating margin 20.7%, up from 16.0%. Soundness: equity 13.6% of assets, return on equity 94.6%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $858.6M and $1.4B next year (method v4.1: its own 4-year record of growth weighed at 50% against $100M–1B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $764.7M to $1.5B. A statistical range, not company guidance. Against peers (140 filers, $50M+ revenue, services-prepackaged software): operating margin 20.7% against a 0.9% median; growth 16.9% against 13.0%.

Range logged 2026-09-24, receipt d594905bb3b840c1, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 3, latest 2026-09-16 ([filing](https://www.sec.gov/Archives/edgar/data/1856314/000095014226002552/0000950142-26-002552-index.htm))

## Recent filings

- 10-Q · filed 2026-11-04 · [filing](https://www.sec.gov/Archives/edgar/data/1856314/000185631426000055/0001856314-26-000055-index.htm)
- 8-K · filed 2026-11-04 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1856314/000185631426000053/0001856314-26-000053-index.htm)
- 8-K · filed 2026-10-30 · 5.03 Amendments to Articles or Bylaws; Change in Fiscal Year · [filing](https://www.sec.gov/Archives/edgar/data/1856314/000185631426000048/0001856314-26-000048-index.htm)
- 8-K · filed 2026-09-16 · 5.02 Departure or Election of Directors; Appointment of Officers · [filing](https://www.sec.gov/Archives/edgar/data/1856314/000095014226002552/0000950142-26-002552-index.htm)
- 10-Q · filed 2026-08-05 · [filing](https://www.sec.gov/Archives/edgar/data/1856314/000185631426000042/0001856314-26-000042-index.htm)
- 8-K · filed 2026-08-05 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1856314/000185631426000039/0001856314-26-000039-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001856314.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1856314

## Cite

POPS4, Edgar & Edgarette: CLEAR SECURE, INC. (YOU) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/YOU. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.