v3.26.1
Net Income per Common Share
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Net Income per Common Share Net Income per Common Share
Below is the calculation of basic and diluted net income per common share:
Three Months Ended June 30, 2026
Three Months Ended June 30, 2025
Class AClass BClass AClass B
Basic:
Net income attributable to Clear Secure, Inc.$49,975 $75 $24,560 $162 
Weighted-average number of shares outstanding, basic100,694,482 151,787 92,990,661 612,443 
Net income per common share, basic:$0.50 $0.50 $0.26 $0.26 
Diluted:
Net income attributable to Clear Secure, Inc. used to calculate net income per common share, basic$49,975 $75 $24,560 $162 
Add: reallocation of net income to Clear Secure, Inc. to reflect dilutive impact122 (1)57 (2)
Net income attributable to Clear Secure, Inc. used to calculate net income per common share, diluted50,097 74 24,617 160 
Weighted-average number of shares outstanding used to calculate net income per common share, basic100,694,482 151,787 92,990,661 612,443 
Effect of dilutive shares2,074,091 — 1,427,498 — 
Weighted-average number of shares outstanding, diluted102,768,573 151,787 94,418,159 612,443 
Net income per common share, diluted:$0.49 $0.49 $0.26 $0.26 
Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Class AClass BClass AClass B
Basic:
Net income attributable to Clear Secure, Inc.$88,642 $203 $49,785 $341 
Weighted-average number of shares outstanding, basic99,954,645 229,135 94,150,710 644,659 
Net income per common share, basic:$0.89 $0.89 $0.53 $0.53 
Diluted:
Net income attributable to Clear Secure, Inc. used to calculate net income per common share, basic$88,642 $203 $49,785 $341 
Add: reallocation of net income to Clear Secure, Inc. to reflect dilutive impact371 (3)215 (4)
Net income attributable to Clear Secure, Inc. used to calculate net income per common share, diluted89,013 200 50,000 337 
Weighted-average number of shares outstanding used to calculate net income per common share, basic99,954,645 229,135 94,150,710 644,659 
Effect of dilutive shares2,083,083 — 1,517,207 — 
Weighted-average number of shares outstanding, diluted102,037,728 229,135 95,667,917 644,659 
Net income per common share, diluted:$0.87 $0.87 $0.52 $0.52 

After evaluating the potential dilutive effect under the if-converted method, the outstanding Alclear Units for the assumed exchange of non-controlling interests were determined to be anti-dilutive and thus were excluded from the computation of diluted earnings per share.

The following tables present potentially dilutive securities excluded from the computations of diluted earnings per share of Class A and Class B Common Stock for the three and six months ended June 30, 2026 and 2025:

Three and Six Months Ended June 30, 2026
Class AClass B
Exchangeable Alclear Units14,246,787 18,380,246 
RSU’s30,781 — 
Total14,277,568 18,380,246 

Three and Six Months Ended June 30, 2025
Class AClass B
Exchangeable Alclear Units18,913,114 19,630,246 
RSU’s155,721 — 
Total19,068,835 19,630,246 

For both the three and six months ended June 30, 2026, the Company has excluded 5,253,880 potentially dilutive shares from the tables above as they had performance conditions that were not achieved as of the end of the periods above.