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High materiality8/10

Clear Secure Posts Strong Q2 2026 Results, Raises 2026 Guidance and Dividend

Aug 5, 2026, 6:04 AM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting

Material upside in revenue, bookings, margins, and FCF; dividend adds yield; raised guidance reduces uncertainty and supports multiple expansion.

AI summary

What happened, with direct paths to the underlying reporting

Clear Secure delivered a robust Q2 2026 with revenue $277.8M (+26.6%) and bookings $295.9M (+32.8%). Margin expansion supports raised 2026 guidance, including Free Cash Flow of at least $480M, and a $0.15 per-share dividend. Growth in CLEAR+ and airport network expansion underpin continued cash generation and longer-term upside.

  • Q2 2026 revenue $277.8M, +26.6% YoY; bookings $295.9M, +32.8% YoY.
  • Operating income $83.0M; net income $72.3M; margins ~29.9%/26%.
  • Adjusted EBITDA $101.1M; 36.4% margin; 900 bps YoY expansion, above 35% target.
  • Q2 cash flow strong: OpCF $201.2M; Free Cash Flow $189.0M; dividend declared.
  • Guidance raised: Q3 revenue $284-287M; full-year FCF ≥$480M; dividend $0.15/share.

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