v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
Class A
Class B
Class C
Class D
Total stockholders’ equity attributable to Clear Secure, Inc.
Common Stock
Class A
Common Stock
Class B
Common Stock
Class C
Common Stock
Class D
Additional paid in capital
Accumulated other comprehensive income (loss)
Treasury Stock
Retained earnings
Non-controlling Interest
Beginning balance (in shares) at Dec. 31, 2024             96,794,826 677,234 15,287,620 24,896,690          
Beginning balance at Dec. 31, 2024 $ 237,940         $ 198,353 $ 1 $ 0 $ 0 $ 0 $ 114,231 $ 343 $ 0 $ 83,778 $ 39,587
Beginning balance, treasury stock (in shares) at Dec. 31, 2024                         0    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Net income 38,583         25,405               25,405 13,178
Other comprehensive income 254         179           179     75
Equity-based compensation expense, net of forfeitures 8,003         5,635         5,635       2,368
Net share settlements of stock-based awards (in shares)             318,367                
Net share settlements of stock-based awards (2,621)         (1,690)         (1,690)       (931)
Distribution to members (5,011)                           (5,011)
Tax distribution to members (11,637)                           (11,637)
Exchange of shares (in shares)             90,950   90,950            
Exchange of shares 0         45         45       (45)
Dividends (11,720)         (11,720)               (11,720)  
Special Dividends (25,316)         (25,316)               (25,316)  
Tax Receivable Agreement and related changes to deferred tax assets associated with adjustments in tax basis 173         173         173        
Repurchase and retirement of Class A Common Stock (in shares)             (4,267,758)                
Repurchase and retirement of Class A Common Stock (102,660)         (74,374)         (74,374)       (28,286)
Ending balance (in shares) at Mar. 31, 2025             92,936,385 677,234 15,196,670 24,896,690          
Ending balance at Mar. 31, 2025 125,988         116,690 $ 1 $ 0 $ 0 $ 0 44,020 522 $ 0 72,147 9,298
Ending balance , treasury stock (in shares) at Mar. 31, 2025                         0    
Beginning balance (in shares) at Dec. 31, 2024             96,794,826 677,234 15,287,620 24,896,690          
Beginning balance at Dec. 31, 2024 237,940         198,353 $ 1 $ 0 $ 0 $ 0 114,231 343 $ 0 83,778 39,587
Beginning balance, treasury stock (in shares) at Dec. 31, 2024                         0    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Net income 76,458                            
Other comprehensive income 346                            
Ending balance (in shares) at Jun. 30, 2025             93,784,994 551,787 18,913,114 19,630,246          
Ending balance at Jun. 30, 2025 126,688         121,339 $ 1 $ 0 $ 0 $ 0 35,664 587 $ 0 85,087 5,349
Ending balance , treasury stock (in shares) at Jun. 30, 2025                         0    
Beginning balance (in shares) at Mar. 31, 2025             92,936,385 677,234 15,196,670 24,896,690          
Beginning balance at Mar. 31, 2025 125,988         116,690 $ 1 $ 0 $ 0 $ 0 44,020 522 $ 0 72,147 9,298
Beginning balance, treasury stock (in shares) at Mar. 31, 2025                         0    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Net income 37,875         24,722               24,722 13,153
Other comprehensive income 92         65           65     27
Equity-based compensation expense, net of forfeitures 10,411         7,340         7,340       3,071
Net share settlements of stock-based awards (in shares)             200,002                
Net share settlements of stock-based awards (2,318)         (1,343)         (1,343)       (975)
Distribution to members (4,828)                           (4,828)
Tax distribution to members (6,253)                           (6,253)
Exchange of shares (in shares)             1,675,447 125,447 (3,716,444) 5,266,444          
Exchange of shares 0         2,437         2,437       (2,437)
Dividends (11,782)         (11,782)               (11,782)  
Tax Receivable Agreement and related changes to deferred tax assets associated with adjustments in tax basis 1,915         1,915         1,915        
Repurchase and retirement of Class A Common Stock (in shares)             (1,026,840)                
Repurchase and retirement of Class A Common Stock (24,412)         (18,705)         (18,705)       (5,707)
Ending balance (in shares) at Jun. 30, 2025             93,784,994 551,787 18,913,114 19,630,246          
Ending balance at Jun. 30, 2025 126,688         121,339 $ 1 $ 0 $ 0 $ 0 35,664 587 $ 0 85,087 5,349
Ending balance , treasury stock (in shares) at Jun. 30, 2025                         0    
Beginning balance (in shares) at Dec. 31, 2025   97,986,631 351,787 15,745,891 19,130,246   97,986,631 351,787 15,745,891 19,130,246          
Beginning balance at Dec. 31, 2025 $ 204,385         177,734 $ 1 $ 0 $ 0 $ 0 57,102 840 $ 0 119,791 26,651
Beginning balance, treasury stock (in shares) at Dec. 31, 2025 0                       0    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Net income $ 56,384         38,795               38,795 17,589
Other comprehensive income (1,550)         (1,155)           (1,155)     (395)
Equity-based compensation expense, net of forfeitures 11,567         8,628         8,628       2,939
Net share settlements of stock-based awards (in shares)             371,788                
Net share settlements of stock-based awards (13,245)         (9,371)         (9,371)       (3,874)
Distribution to members (4,948)                           (4,948)
Tax distribution to members (6,708)                           (6,708)
Exchange of shares (in shares)             2,179,104 200,000 1,479,104 500,000          
Exchange of shares 0         2,708         2,708       (2,708)
Dividends (15,064)         (15,064)               (15,064)  
Special Dividends (20,105)         (20,105)               (20,105)  
Tax Receivable Agreement and related changes to deferred tax assets associated with adjustments in tax basis 4,156         4,156         4,156        
Repurchase and retirement of Class A Common Stock (in shares)             (39,901)                
Repurchase and retirement of Class A Common Stock (1,238)         (978)         (978)       (260)
Ending balance (in shares) at Mar. 31, 2026             100,497,622 151,787 14,266,787 18,630,246          
Ending balance at Mar. 31, 2026 213,634         185,348 $ 1 $ 0 $ 0 $ 0 62,245 (315) $ 0 123,417 28,286
Ending balance , treasury stock (in shares) at Mar. 31, 2026                         0    
Beginning balance (in shares) at Dec. 31, 2025   97,986,631 351,787 15,745,891 19,130,246   97,986,631 351,787 15,745,891 19,130,246          
Beginning balance at Dec. 31, 2025 $ 204,385         177,734 $ 1 $ 0 $ 0 $ 0 57,102 840 $ 0 119,791 26,651
Beginning balance, treasury stock (in shares) at Dec. 31, 2025 0                       0    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Net income $ 128,694                            
Other comprehensive income (2,130)                            
Exchange of shares (in shares)             2,449,104                
Repurchase and retirement of Class A Common Stock (in shares)   (39,901)                          
Repurchase and retirement of Class A Common Stock   $ (1,238)                          
Ending balance (in shares) at Jun. 30, 2026   101,940,628 151,787 14,246,787 18,380,246   101,940,628 151,787 14,246,787 18,380,246          
Ending balance at Jun. 30, 2026 $ 243,163         206,243 $ 1 $ 0 $ 0 $ 0 48,645 (753) $ 0 158,350 36,920
Ending balance , treasury stock (in shares) at Jun. 30, 2026 0                       0    
Beginning balance (in shares) at Mar. 31, 2026             100,497,622 151,787 14,266,787 18,630,246          
Beginning balance at Mar. 31, 2026 $ 213,634         185,348 $ 1 $ 0 $ 0 $ 0 62,245 (315) $ 0 123,417 28,286
Beginning balance, treasury stock (in shares) at Mar. 31, 2026                         0    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Net income 72,310         50,050               50,050 22,260
Other comprehensive income (580)         (438)           (438)     (142)
Equity-based compensation expense, net of forfeitures 11,364         8,588         8,588       2,776
Net share settlements of stock-based awards (in shares)             1,173,006                
Net share settlements of stock-based awards (31,524)         (23,105)         (23,105)       (8,419)
Distribution to members (4,927)                           (4,927)
Tax distribution to members (2,748)                           (2,748)
Exchange of shares (in shares)             270,000 0 20,000 250,000          
Exchange of shares 0         166         166       (166)
Dividends (15,117)         (15,117)               (15,117)  
Tax Receivable Agreement and related changes to deferred tax assets associated with adjustments in tax basis 751         751         751        
Repurchase and retirement of Class A Common Stock (in shares)             0                
Repurchase and retirement of Class A Common Stock 0         0         0       0
Ending balance (in shares) at Jun. 30, 2026   101,940,628 151,787 14,246,787 18,380,246   101,940,628 151,787 14,246,787 18,380,246          
Ending balance at Jun. 30, 2026 $ 243,163         $ 206,243 $ 1 $ 0 $ 0 $ 0 $ 48,645 $ (753) $ 0 $ 158,350 $ 36,920
Ending balance , treasury stock (in shares) at Jun. 30, 2026 0                       0