Clear Secure, Inc.

YOUNYSETechnology● Active

$54.40

$-0.13(-0.23%)

Market Cap$5.5B

P/E Ratio—

52W High$62.73

52W Low$24.06

Avg Volume1.6M

Open$54.01

Beta1.06

Free Cash Flow Financials Revenue

Clear Secure, Inc. (YOU) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

YOU · free cash flow · updated Jun 8, 2026

Core FCF metrics

YOU · FCF · TTM · margin & CAGR

Free cash flow was $343.1M for FY2025 (fiscal year ending 2025-12-31), up 21.0% year-over-year The FCF margin was 38.1%.

FY2025 Free Cash Flow$343.1M▲ +21.0% YoY

Trailing 12M (TTM)$437.3Mtrailing 4 quarters sum

FCF Margin38.1%$343.1M ÷ revenue

3-Year CAGR+36.0%FY2022 → FY2025

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

YOU · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$372.5M(29M)$343.1M▲ +21.0%38.1%

FY2024$295.7M(12M)$283.7M▲ +42.6%36.8%

FY2023$225.0M(26M)$198.9M▲ +45.8%32.4%

FY2022$168.3M(32M)$136.4M▲ +234.8%31.2%

FY2021$69.7M(29M)$40.7M▲ +239.2%16.0%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

YOU · P/FCF · FCF yield · FCF per share

Clear Secure, Inc. (YOU) trades at a FCF yield of 7.97% and a price-to-free-cash-flow ratio of 11.9x. FCF per share stands at $4.58, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

7.97%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$4.58

TTM FCF ÷ Shares Outstanding

Price / FCF

x11.9

Share Price ÷ FCF per Share

EV / FCF (TTM)

x12.2

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

YOU · cash flow statement · operating / investing / financing

For FY2025, Clear Secure, Inc. generated $372.5M in operating cash flow and spent 29M in capital expenditures, yielding $343.1M in free cash flow.

Operating Activities

+$372.5M

Cash from core business operations

2025-12-31

Investing Activities

−$97.1M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$257.3M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($372.5M) − |CapEx| (29M) = FCF ($343.1M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Technology)

YOU vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Clear Secure, Inc.YOU

YOU

$343.1M+21.0%38.1%

Taiwan Semiconductor Manufacturing Company Limited

Microsoft Corporation

Technology · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Clear Secure, Inc. (YOU) reported free cash flow of $343.1M for FY2025 (fiscal year ending 2025-12-31), up 21.0% year-over-year. The FCF margin was 38.1%.

Based on available data, Clear Secure, Inc. has maintained positive free cash flow for at least 6 fiscal year(s). FCF peaked at $343.1M in FY2025.

Clear Secure, Inc.'s FCF yield is 7.97% and price-to-FCF ratio is 11.9x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

YOU free cash flow · 8 questions

Clear Secure, Inc. free cash flow was $343.1M for FY2025, up 21.0% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $437.3M.

YOU free cash flowYOU FCFYOU FCF 2025YOU free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Clear Secure, Inc. · Clear Secure, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026