
Clear Secure Inc
NYSE:YOU

Income Statement
Earnings Waterfall
Clear Secure Inc
Revenue
|
770.5m
USD
|
Cost of Revenue
|
-110.4m
USD
|
Gross Profit
|
660.1m
USD
|
Operating Expenses
|
-539.2m
USD
|
Operating Income
|
120.9m
USD
|
Other Expenses
|
48.8m
USD
|
Net Income
|
169.7m
USD
|
Income Statement
Clear Secure Inc
Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||
Revenue |
192
N/A
|
215
+12%
|
230
+7%
|
235
+2%
|
231
-2%
|
220
-5%
|
215
-2%
|
227
+5%
|
254
+12%
|
294
+16%
|
342
+16%
|
390
+14%
|
437
+12%
|
479
+10%
|
527
+10%
|
571
+8%
|
614
+7%
|
660
+8%
|
697
+6%
|
735
+5%
|
770
+5%
|
|
Gross Profit | ||||||||||||||||||||||
Cost of Revenue |
(32)
|
(35)
|
(35)
|
(35)
|
(33)
|
(31)
|
(32)
|
(34)
|
(37)
|
(42)
|
(46)
|
(50)
|
(56)
|
(64)
|
(73)
|
(81)
|
(89)
|
(95)
|
(100)
|
(106)
|
(110)
|
|
Gross Profit |
160
N/A
|
179
+12%
|
195
+8%
|
199
+2%
|
198
-1%
|
189
-4%
|
184
-3%
|
193
+5%
|
217
+12%
|
252
+16%
|
296
+17%
|
339
+15%
|
381
+12%
|
416
+9%
|
454
+9%
|
490
+8%
|
525
+7%
|
565
+8%
|
597
+6%
|
629
+5%
|
660
+5%
|
|
Operating Income | ||||||||||||||||||||||
Operating Expenses |
(216)
|
(275)
|
(258)
|
(234)
|
(217)
|
(169)
|
(224)
|
(276)
|
(330)
|
(373)
|
(392)
|
(468)
|
(510)
|
(540)
|
(565)
|
(516)
|
(503)
|
(506)
|
(508)
|
(525)
|
(539)
|
|
Selling, General & Administrative |
(188)
|
(239)
|
(222)
|
(196)
|
(175)
|
(130)
|
(179)
|
(223)
|
(270)
|
(304)
|
(318)
|
(391)
|
(425)
|
(447)
|
(463)
|
(418)
|
(407)
|
(411)
|
(416)
|
(426)
|
(439)
|
|
Research & Development |
(21)
|
(28)
|
(28)
|
(29)
|
(32)
|
(29)
|
(35)
|
(42)
|
(48)
|
(54)
|
(57)
|
(61)
|
(67)
|
(73)
|
(81)
|
(76)
|
(74)
|
(73)
|
(68)
|
(73)
|
(73)
|
|
Depreciation & Amortization |
(7)
|
(8)
|
(9)
|
(9)
|
(9)
|
(10)
|
(10)
|
(12)
|
(12)
|
(14)
|
(16)
|
(16)
|
(19)
|
(20)
|
(20)
|
(21)
|
(22)
|
(23)
|
(24)
|
(26)
|
(26)
|
|
Operating Income |
(56)
N/A
|
(96)
-70%
|
(64)
+33%
|
(35)
+46%
|
(19)
+46%
|
20
N/A
|
(40)
N/A
|
(83)
-108%
|
(114)
-36%
|
(120)
-6%
|
(95)
+21%
|
(129)
-35%
|
(129)
0%
|
(124)
+4%
|
(111)
+11%
|
(26)
+77%
|
22
N/A
|
59
+167%
|
89
+51%
|
104
+17%
|
121
+16%
|
|
Pre-Tax Income | ||||||||||||||||||||||
Interest Income Expense |
2
|
2
|
2
|
1
|
1
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
2
|
7
|
13
|
20
|
26
|
29
|
33
|
33
|
33
|
33
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(0)
|
(0)
|
(1)
|
0
|
(2)
|
(2)
|
(2)
|
(2)
|
(0)
|
(0)
|
1
|
2
|
|
Total Other Income |
0
|
0
|
0
|
1
|
9
|
9
|
9
|
9
|
0
|
0
|
1
|
(0)
|
5
|
7
|
7
|
8
|
1
|
2
|
1
|
1
|
(89)
|
|
Pre-Tax Income |
(54)
N/A
|
(94)
-73%
|
(62)
+34%
|
(33)
+47%
|
(9)
+72%
|
29
N/A
|
(31)
N/A
|
(75)
-139%
|
(115)
-53%
|
(120)
-5%
|
(95)
+21%
|
(128)
-35%
|
(118)
+8%
|
(107)
+9%
|
(87)
+19%
|
7
N/A
|
51
+623%
|
93
+84%
|
124
+33%
|
139
+12%
|
67
-52%
|
|
Net Income | ||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
0
|
2
|
2
|
2
|
1
|
(1)
|
(3)
|
(3)
|
(7)
|
159
|
|
Income from Continuing Operations |
(54)
|
(94)
|
(62)
|
(33)
|
(9)
|
29
|
(32)
|
(76)
|
(115)
|
(121)
|
(95)
|
(128)
|
(115)
|
(105)
|
(85)
|
8
|
50
|
90
|
121
|
132
|
225
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
13
|
49
|
65
|
79
|
75
|
44
|
57
|
50
|
44
|
35
|
(5)
|
(22)
|
(38)
|
(49)
|
(52)
|
(56)
|
|
Net Income (Common) |
(54)
N/A
|
(94)
-73%
|
(62)
+34%
|
(33)
+47%
|
(9)
+72%
|
42
N/A
|
18
-58%
|
(10)
N/A
|
(36)
-247%
|
(46)
-29%
|
(52)
-11%
|
(72)
-39%
|
(66)
+8%
|
(61)
+8%
|
(49)
+19%
|
3
N/A
|
28
+904%
|
52
+85%
|
72
+39%
|
80
+11%
|
170
+111%
|
|
EPS (Diluted) |
-0.75
N/A
|
-1.3
-73%
|
-0.86
+34%
|
-0.46
+47%
|
-0.13
+72%
|
0.58
N/A
|
0.24
-59%
|
-0.14
N/A
|
-0.47
-236%
|
-0.61
-30%
|
-0.64
-5%
|
-0.85
-33%
|
-0.8
+6%
|
-0.66
+18%
|
-0.53
+20%
|
0.02
N/A
|
0.31
+1 450%
|
0.56
+81%
|
0.78
+39%
|
0.86
+10%
|
1.17
+36%
|