Clear Secure (YOU) 10-Q 7 Nov 24 2024 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Sep. 30, 2024	Nov. 04, 2024
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2024
Document Transition Report	false
Entity File Number	001-40568
Entity Registrant Name	CLEAR SECURE, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	86-2643981
Entity Address, Address Line One	85 10th Avenue
Entity Address, Address Line Two	9th Floor
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10011
City Area Code	646
Local Phone Number	723-1404
Title of 12(b) Security	Class A common stock, par value $0.00001 per share
Trading Symbol	YOU
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q3
Entity Central Index Key	0001856314
Amendment Flag	false
Class A Common Stock par value $0.00001 per share (the “Class A Common Stock”)
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		94,015,104
Class B Common Stock par value $0.00001 per share (the “Class B Common Stock”)
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		877,234
Class C Common Stock par value $0.00001 per share (the “Class C Common Stock”)
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		19,615,578
Class D Common Stock par value $0.00001 per share (the “Class D Common Stock”)
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		24,896,690

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 32,885	$ 57,900
Marketable securities	511,812	665,197
Accounts receivable	639	526
Prepaid revenue share fee	25,179	24,402
Prepaid expenses and other current assets	25,222	22,009
Total current assets	595,737	770,034
Property and equipment, net	57,760	62,611
Right of use asset, net	111,046	115,874
Intangible assets, net	16,875	20,825
Goodwill	62,757	62,757
Restricted cash	3,410	4,501
Other assets	10,992	8,407
Total assets	858,577	1,045,009
Current liabilities:
Accounts payable	10,876	11,781
Accrued liabilities	129,731	164,015
Deferred revenue	417,078	376,253
Total current liabilities	557,685	552,049
Other long term liabilities	119,854	123,736
Total liabilities	677,539	675,785
Commitments and contingencies (Note 18)
Accumulated other comprehensive income	1,472	2,050
Treasury stock at cost, 0 shares as of September 30, 2024 and December 31, 2023	0	0
Accumulated deficit	(7,324)	(73,714)
Additional paid-in capital	134,821	304,992
Total stockholders’ equity attributable to Clear Secure, Inc.	128,970	233,329
Non-controlling interest	52,068	135,895
Total stockholders’ equity	181,038	369,224
Total liabilities and stockholders’ equity	858,577	1,045,009
Common Class A
Current liabilities:
Common stock	1	1
Common Class B
Current liabilities:
Common stock	0	0
Common Class C
Current liabilities:
Common stock	0	0
Common Class D
Current liabilities:
Common stock	$ 0	$ 0

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Sep. 30, 2024	Dec. 31, 2023
Treasury stock (in shares)	0	0
Common Class A
Par value (in USD per share)	$ 0.00001	$ 0.00001
Shares authorized (in shares)	1,000,000,000	1,000,000,000
Shares issued (in shares)	93,679,673	91,786,941
Shares outstanding (in shares)	93,679,673	91,786,941
Common Class B
Par value (in USD per share)	$ 0.00001	$ 0.00001
Shares authorized (in shares)	100,000,000	100,000,000
Shares issued (in shares)	877,234	907,234
Shares outstanding (in shares)	877,234	907,234
Common Class C
Par value (in USD per share)	$ 0.00001	$ 0.00001
Shares authorized (in shares)	200,000,000	200,000,000
Shares issued (in shares)	19,750,578	32,234,914
Shares outstanding (in shares)	19,750,578	32,234,914
Common Class D
Par value (in USD per share)	$ 0.00001	$ 0.00001
Shares authorized (in shares)	100,000,000	100,000,000
Shares issued (in shares)	25,046,690	25,796,690
Shares outstanding (in shares)	25,046,690	25,796,690

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Revenue	$ 198,424	$ 160,387	$ 564,218	$ 442,614
Operating expenses:
Cost of revenue share fee	28,592	22,885	79,049	63,674
Cost of direct salaries and benefits	44,825	35,337	125,198	102,687
Research and development	17,424	11,790	54,939	56,044
Sales and marketing	11,607	9,735	34,236	30,032
General and administrative	53,919	56,101	162,180	170,323
Depreciation and amortization	6,970	5,260	19,503	15,416
Operating income	35,087	19,279	89,113	4,438
Other income (expense):
Interest income, net	7,252	7,677	25,424	21,463
Other income, net	436	661	1,291	1,569
Income before tax	42,775	27,617	115,828	27,470
Income tax expense	(4,751)	(754)	(7,125)	(846)
Net income	38,024	26,863	108,703	26,624
Less: net income attributable to non-controlling interests	14,559	11,517	42,313	12,491
Net income attributable to Clear Secure, Inc.	23,465	15,346	66,390	14,133
Common Class A
Other income (expense):
Net income attributable to Clear Secure, Inc.	$ 23,243	$ 15,192	$ 65,748	$ 13,991
Net income per share of Class A Common Stock and Class B Common Stock (Note 16)
Net income per common share, basic (in USD per share)	$ 0.25	$ 0.17	$ 0.71	$ 0.16
Net income per common share, diluted (in USD per share)	$ 0.25	$ 0.17	$ 0.71	$ 0.15
Weighted-average shares of common stock outstanding, basic (in shares)	92,702,778	89,189,192	92,174,755	89,436,795
Weighted-average shares of common stock outstanding, diluted (in shares)	94,279,071	89,968,555	93,263,943	90,503,162
Common Class B
Other income (expense):
Net income attributable to Clear Secure, Inc.	$ 224	$ 154	$ 643	$ 142
Net income per share of Class A Common Stock and Class B Common Stock (Note 16)
Net income per common share, basic (in USD per share)	$ 0.25	$ 0.17	$ 0.71	$ 0.16
Net income per common share, diluted (in USD per share)	$ 0.25	$ 0.17	$ 0.71	$ 0.15
Weighted-average shares of common stock outstanding, basic (in shares)	891,582	907,234	901,979	907,234
Weighted-average shares of common stock outstanding, diluted (in shares)	891,582	907,234	901,979	907,234

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Statement of Comprehensive Income [Abstract]
Net income	$ 38,024	$ 26,863	$ 108,703	$ 26,624
Other comprehensive income (loss)
Currency translation	14	8	14	16
Unrealized gain (loss) on fair value of marketable securities	3,046	1,390	(1,164)	1,738
Total other comprehensive income (loss)	3,060	1,398	(1,150)	1,754
Comprehensive income	41,084	28,261	107,553	28,378
Less: comprehensive income attributable to non-controlling interests	15,586	12,082	41,741	13,210
Comprehensive income attributable to Clear Secure, Inc.	$ 25,498	$ 16,179	$ 65,812	$ 15,168

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY - USD ($) $ in Thousands	Total	O 2024 Q1 Dividends	S 2024 Q1 Dividends	Common Class A	Common Class B	Common Class C	Common Class D	Total stockholders’ equity attributable to Clear Secure, Inc.	Total stockholders’ equity attributable to Clear Secure, Inc. O 2024 Q1 Dividends	Total stockholders’ equity attributable to Clear Secure, Inc. S 2024 Q1 Dividends	Common Stock Common Class A	Common Stock Common Class B	Common Stock Common Class C	Common Stock Common Class D	Additional paid in capital	Additional paid in capital O 2024 Q1 Dividends	Additional paid in capital S 2024 Q1 Dividends	Accumulated other comprehensive income (loss)	Treasury Stock	Accumulated deficit	Non-controlling interest
Beginning balance (in shares) at Dec. 31, 2022											87,760,831	907,234	38,290,964	25,796,690
Beginning balance at Dec. 31, 2022	$ 510,921							$ 291,065			$ 1	$ 0	$ 0	$ 0	$ 394,390			$ (1,529)	$ 0	$ (101,797)	$ 219,856
Beginning balance (in shares) at Dec. 31, 2022																			80,505
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(8,273)							(5,224)												(5,224)	(3,049)
Other comprehensive income (loss)	1,596							938										938			658
Equity-based compensation expense, net of forfeitures (in shares)											(3,079)								(3,079)
Equity-based compensation expense, net of forfeitures	16,408							10,151							10,151						6,257
Net share settlements of stock-based awards (in shares)											155,049								83,584
Net share settlements of stock-based awards	(2,408)							(946)							(946)						(1,462)
Warrant expense	623							366							366						257
Exercise of warrants (in shares)											534,655
Exercise of warrants	0							1,615							1,615						(1,615)
Tax distribution to members	(13,886)																				(13,886)
Exchange of shares (in shares)											2,048,773		2,048,773
Exchange of shares	0							6,189							6,189						(6,189)
Repurchase and retirement of Class A Common Stock (in shares)											(281,838)
Repurchase and retirement of Class A Common Stock	(6,469)							(7,380)							(7,380)						911
Ending balance (in shares) at Mar. 31, 2023											90,214,391	907,234	36,242,191	25,796,690
Ending balance at Mar. 31, 2023	498,512							296,774			$ 1	$ 0	$ 0	$ 0	404,385			(591)	$ 0	(107,021)	201,738
Ending balance (in shares) at Mar. 31, 2023																			0
Beginning balance (in shares) at Dec. 31, 2022											87,760,831	907,234	38,290,964	25,796,690
Beginning balance at Dec. 31, 2022	510,921							291,065			$ 1	$ 0	$ 0	$ 0	394,390			(1,529)	$ 0	(101,797)	219,856
Beginning balance (in shares) at Dec. 31, 2022																			80,505
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	26,624
Other comprehensive income (loss)	1,754
Ending balance (in shares) at Sep. 30, 2023											89,854,251	907,234	34,776,689	25,796,690
Ending balance at Sep. 30, 2023	458,375							275,904			$ 1	$ 0	$ 0	$ 0	364,087			(494)	$ 0	(87,690)	182,471
Ending balance (in shares) at Sep. 30, 2023																			0
Beginning balance (in shares) at Mar. 31, 2023											90,214,391	907,234	36,242,191	25,796,690
Beginning balance at Mar. 31, 2023	498,512							296,774			$ 1	$ 0	$ 0	$ 0	404,385			(591)	$ 0	(107,021)	201,738
Beginning balance (in shares) at Mar. 31, 2023																			0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	8,034							4,011												4,011	4,023
Other comprehensive income (loss)	(1,240)							(736)										(736)			(504)
Equity-based compensation expense, net of forfeitures	14,659							8,415							8,415						6,244
Net share settlements of stock-based awards (in shares)											144,341
Net share settlements of stock-based awards	(1,395)							(655)							(655)						(740)
Tax distribution to members	(43)							(26)												(26)	(17)
Exchange of shares (in shares)											150,000		150,000
Exchange of shares	0							165							165						(165)
Special dividend	(18,089)							(18,089)							(18,089)
Repurchase and retirement of Class A Common Stock (in shares)											(1,533,357)
Repurchase and retirement of Class A Common Stock	(38,628)							(22,928)							(22,928)						(15,700)
Ending balance (in shares) at Jun. 30, 2023											88,975,375	907,234	36,092,191	25,796,690
Ending balance at Jun. 30, 2023	461,810							266,931			$ 1	$ 0	$ 0	$ 0	371,293			(1,327)	$ 0	(103,036)	194,879
Ending balance (in shares) at Jun. 30, 2023																			0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	26,863							15,346												15,346	11,517
Other comprehensive income (loss)	1,398							833										833			565
Equity-based compensation expense, net of forfeitures	4,566							2,721							2,721						1,845
Net share settlements of stock-based awards (in shares)											73,374
Net share settlements of stock-based awards	(891)							(218)							(218)						(673)
Distribution to members	(4,322)																				(4,322)
Tax distribution to members	(13,718)																				(13,718)
Exchange of shares (in shares)											1,315,502		1,315,502
Exchange of shares	0							5,171							5,171						(5,171)
Special dividend	(6,304)							(6,304)							(6,304)
Repurchase and retirement of Class A Common Stock (in shares)											(510,000)
Repurchase and retirement of Class A Common Stock	(11,027)							(8,576)							(8,576)						(2,451)
Ending balance (in shares) at Sep. 30, 2023											89,854,251	907,234	34,776,689	25,796,690
Ending balance at Sep. 30, 2023	458,375							275,904			$ 1	$ 0	$ 0	$ 0	364,087			(494)	$ 0	(87,690)	182,471
Ending balance (in shares) at Sep. 30, 2023																			0
Beginning balance (in shares) at Dec. 31, 2023				91,786,941	907,234	32,234,914	25,796,690				91,786,941	907,234	32,234,914	25,796,690
Beginning balance at Dec. 31, 2023	$ 369,224							233,329			$ 1	$ 0	$ 0	$ 0	304,992			2,050	$ 0	(73,714)	135,895
Beginning balance (in shares) at Dec. 31, 2023	0																		0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	$ 32,088							18,806												18,806	13,282
Other comprehensive income (loss)	(2,983)							(1,835)										(1,835)			(1,148)
Equity-based compensation expense, net of forfeitures	10,869							6,684							6,684						4,185
Net share settlements of stock-based awards (in shares)											183,167
Net share settlements of stock-based awards	(2,110)							(1,298)							(1,298)						(812)
Distribution to members	(10,564)																				(10,564)
Tax distribution to members	(4,558)																				(4,558)
Exchange of shares (in shares)											1,625,803		1,625,803
Exchange of shares	0							3							3						(3)
Special dividend		$ (8,481)	$ (28,828)						$ (8,481)	$ (28,828)						$ (8,481)	$ (28,828)
Repurchase and retirement of Class A Common Stock (in shares)											(4,416,759)
Repurchase and retirement of Class A Common Stock	(85,382)							(52,514)							(52,514)						(32,868)
Ending balance (in shares) at Mar. 31, 2024											89,179,152	907,234	30,609,111	25,796,690
Ending balance at Mar. 31, 2024	269,275							165,866			$ 1	$ 0	$ 0	$ 0	220,558			215	$ 0	(54,908)	103,409
Ending balance (in shares) at Mar. 31, 2024																			0
Beginning balance (in shares) at Dec. 31, 2023				91,786,941	907,234	32,234,914	25,796,690				91,786,941	907,234	32,234,914	25,796,690
Beginning balance at Dec. 31, 2023	$ 369,224							233,329			$ 1	$ 0	$ 0	$ 0	304,992			2,050	$ 0	(73,714)	135,895
Beginning balance (in shares) at Dec. 31, 2023	0																		0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	$ 108,703
Other comprehensive income (loss)	(1,150)
Repurchase and retirement of Class A Common Stock (in shares)				(11,983,612)
Repurchase and retirement of Class A Common Stock				$ (225,160)
Ending balance (in shares) at Sep. 30, 2024				93,679,673	877,234	19,750,578	25,046,690				93,679,673	877,234	19,750,578	25,046,690
Ending balance at Sep. 30, 2024	$ 181,038							128,970			$ 1	$ 0	$ 0	$ 0	134,821			1,472	$ 0	(7,324)	52,068
Ending balance (in shares) at Sep. 30, 2024	0																		0
Beginning balance (in shares) at Mar. 31, 2024											89,179,152	907,234	30,609,111	25,796,690
Beginning balance at Mar. 31, 2024	$ 269,275							165,866			$ 1	$ 0	$ 0	$ 0	220,558			215	$ 0	(54,908)	103,409
Beginning balance (in shares) at Mar. 31, 2024																			0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	38,591							24,119												24,119	14,472
Other comprehensive income (loss)	(1,227)							(776)										(776)			(451)
Equity-based compensation expense, net of forfeitures	10,471							6,624							6,624						3,847
Net share settlements of stock-based awards (in shares)											287,541
Net share settlements of stock-based awards	(2,504)							(685)							(685)						(1,819)
Distribution to members	(5,018)																				(5,018)
Tax distribution to members	(7,367)																				(7,367)
Exchange of shares (in shares)											6,316,858		6,316,858
Exchange of shares	0							19,763							19,763						(19,763)
Special dividend	(9,339)							(9,339)							(9,339)
Repurchase and retirement of Class A Common Stock (in shares)											(3,566,853)
Repurchase and retirement of Class A Common Stock	(64,618)							(52,036)							(52,036)						(12,582)
Ending balance (in shares) at Jun. 30, 2024											92,216,698	907,234	24,292,253	25,796,690
Ending balance at Jun. 30, 2024	228,264							153,536			$ 1	$ 0	$ 0	$ 0	184,885			(561)	$ 0	(30,789)	74,728
Ending balance (in shares) at Jun. 30, 2024																			0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	38,024							23,465												23,465	14,559
Other comprehensive income (loss)	3,060							2,033										2,033			1,027
Equity-based compensation expense, net of forfeitures	6,348							4,218							4,218						2,130
Net share settlements of stock-based awards (in shares)											141,300
Net share settlements of stock-based awards	(2,115)							(782)							(782)						(1,333)
Distribution to members	(4,532)																				(4,532)
Tax distribution to members	(3,453)																				(3,453)
Exchange of shares (in shares)											5,321,675	30,000	4,541,675	750,000
Exchange of shares	0							23,489							23,489						(23,489)
Special dividend	(9,398)							(9,398)							(9,398)
Repurchase and retirement of Class A Common Stock (in shares)											(4,000,000)
Repurchase and retirement of Class A Common Stock	(75,160)							(67,591)							(67,591)						(7,569)
Ending balance (in shares) at Sep. 30, 2024				93,679,673	877,234	19,750,578	25,046,690				93,679,673	877,234	19,750,578	25,046,690
Ending balance at Sep. 30, 2024	$ 181,038							$ 128,970			$ 1	$ 0	$ 0	$ 0	$ 134,821			$ 1,472	$ 0	$ (7,324)	$ 52,068
Ending balance (in shares) at Sep. 30, 2024	0																		0

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Cash flows provided by (used in) operating activities:
Net income	$ 108,703	$ 26,624
Adjustments to reconcile net income to net cash provided from operating activities:
Depreciation of property and equipment	16,347	12,933
Amortization of intangible assets	3,156	2,483
Noncash lease expense	4,804	4,896
Impairment of assets	0	3,707
Equity-based compensation	27,038	35,102
Deferred income tax	701	(549)
Amortization of revolver loan costs	169	252
Premium amortization and (discount accretion), net on marketable securities	(6,330)	(9,835)
Changes in operating assets and liabilities:
Accounts receivable	(113)	433
Prepaid expenses and other assets	(4,379)	(4,098)
Prepaid revenue share fee	(777)	(2,954)
Accounts payable	(475)	5,899
Accrued and other long term liabilities	(26,304)	(10,990)
Deferred revenue	40,825	68,439
Operating lease liabilities	(4,300)	(1,440)
Net cash provided by operating activities	159,065	130,902
Cash flows provided by (used in) investing activities:
Purchases of marketable securities	(703,132)	(634,751)
Sales of marketable securities	861,683	639,090
Business combinations	0	(3,750)
Purchase of strategic investment	(1,000)	(6,000)
Purchases of property and equipment	(9,259)	(21,825)
Purchases of intangible assets	(318)	(129)
Net cash provided by (used in) investing activities	147,974	(27,365)
Cash flows used in financing activities:
Repurchase of Class A Common Stock	(225,160)	(56,124)
Payment of dividend	(27,218)	(6,320)
Payment of special dividend	(28,828)	(18,129)
Distributions to members	(20,114)	(4,322)
Tax distribution to members	(24,979)	(13,929)
Debt issuance costs	0	(396)
Payment of taxes on net settled stock-based awards	(6,729)	(4,694)
Other financing activities	(154)	0
Net cash used in financing activities	(333,182)	(103,914)
Net (decrease) increase in cash, cash equivalents, and restricted cash	(26,143)	(377)
Cash, cash equivalents, and restricted cash, beginning of period	62,401	68,884
Exchange rate effect on cash and cash equivalents, and restricted cash	37	80
Cash, cash equivalents, and restricted cash, end of period	$ 36,295	$ 68,587

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN CASH FLOWS (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2024	Sep. 30, 2023
Statement of Cash Flows [Abstract]
Cash and cash equivalents	$ 32,885	$ 63,522
Restricted cash	3,410	5,065
Total cash, cash equivalents, and restricted cash	$ 36,295	$ 68,587

Description of Business and Rec

Description of Business and Recent Accounting Developments	9 Months Ended
	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business and Recent Accounting Developments	Description of Business and Recent Accounting Developments Description and Organization Clear Secure, Inc. (the “Company” and together with its consolidated subsidiaries, “CLEAR,” “we,” “us,” “our”) is a holding company and its principal asset is the controlling equity interest in Alclear Holdings, LLC (“Alclear”). In connection with the Company’s reorganization (the “Reorganization”) completed prior to the completion of its initial public offering (“IPO”), Alclear was formed as a Delaware limited liability company on January 21, 2010 and operates under the terms of the Second Amended and Restated Operating Agreement dated June 7, 2023 (the “Operating Agreement”). As the sole managing member of Alclear, the Company operates and controls all of the business and affairs of Alclear, and through Alclear and its subsidiaries, conducts the Company’s business. The Company operates a secure identity platform under the brand name CLEAR primarily in the United States. CLEAR's current offerings include: CLEAR Plus, a consumer aviation subscription service, which enables access to predictable and fast experiences through dedicated entry lanes in airport security checkpoints within our nationwide network of 58 airports (as of the date of this filing); TSA PreCheck® Enrollment Provided by CLEAR at 52 airports and 10 Staples locations (as of the date of this filing), which offers consumers increased choice in how and where to sign up for this popular trusted traveler program; CLEAR Mobile at 3 airports (as of the date of this filing), which delivers predictable airport security for travelers by accessing a dedicated lane at airport security, simply by showing a QR code, that is free to CLEAR Plus Members and available to all travelers by purchasing a day pass—valid for 24 hours; CLEAR Verified, our B2B offering, which enables our partners to leverage our digital identity technology and reusable member network to facilitate secure and frictionless experiences digitally and physically via our software development kits and application programming interfaces; and our free flagship CLEAR app, which offers consumer products like Home-to-Gate and includes RESERVE Powered by CLEAR, our virtual queuing technology that enables customers to prebook a spot in airport security line so they don’t have to wait.

Basis of Presentation and Summa

Basis of Presentation and Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Basis of Presentation and Summary of Significant Accounting Policies	Basis of Presentation and Summary of Significant Accounting Policies These condensed consolidated financial statements have been prepared in accordance with United States (“U.S.”) generally accepted accounting principles (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. In the opinion of management, all adjustments consisting only of normal recurring adjustments necessary for a fair presentation have been reflected in these condensed consolidated financial statements. Operating results for the interim periods presented are not necessarily indicative of the results that may be expected for the fiscal year ending December 31, 2024. The preparation of the condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts that are reported in the condensed consolidated financial statements and accompanying disclosures. Although these estimates are based on management’s best knowledge of current events and actions that the Company may undertake in the future, actual results may differ from those estimates. These condensed consolidated financial statements and notes thereto should be read in conjunction with the audited consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023 (the “2023 Form 10-K”). The condensed consolidated financial statements are presented in US Dollars, which is the Company’s reporting currency. Recently Adopted Accounting Pronouncements The Company adopted all applicable standards effective as of December 31, 2023, within these condensed consolidated financial statements. There was no material impact as a result. There are no newly issued standards since December 31, 2023 that are applicable to the Company.

Business Combinations

Business Combinations	9 Months Ended
	Sep. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
Business Combinations	Business Combinations On September 5, 2023, CLEAR acquired certain assets of Sora ID, Inc., a one-click know your customer (“KYC”) solution which provides technology that is KYC compliant, and is transferable across financial institutions – creating a unique, reusable verification product. The fair value of the purchase consideration was $5,250 including deferred consideration of $1,500 payable in two tranches at 15 and 30 months after closing. The acquisition was accounted for as a business combination. Of the total purchase consideration, $3,950 was recorded as goodwill and $1,300 as acquired intangible assets on the condensed consolidated balance sheets. The intangible assets acquired relate to customer relationships and developed technology with useful lives of 3 and 5 years, respectively. The Company valued the intangible assets using the multi-period excess earnings method and the relief from royalty method, both under the income approach. The goodwill recognized was deductible for tax purposes. The Company’s allocation of purchase price was based upon valuations performed to determine the fair value of the net assets as of the acquisition date and was subject to adjustments for up to one year after the closing date of the acquisition to reflect final valuations. This was finalized in the third quarter of 2024. The Company also entered into an agreement to provide $4,000 of retention bonuses and $9,000 of post-combination remuneration in cash payments and RSUs upon satisfaction of certain post-closing financial metrics and continuing service requirements.

Revenue

Revenue	9 Months Ended
	Sep. 30, 2024
Revenue from Contract with Customer [Abstract]
Revenue	Revenue The Company derives substantially all of its revenue from subscriptions to its consumer aviation service, CLEAR Plus. For the three and nine months ended September 30, 2024 and 2023, no individual airport accounted for more than 10% of membership revenue. Revenue by Geography For the three and nine months ended September 30, 2024 and 2023, substantially all of the Company’s revenue was generated in the United States. Contract liabilities and assets The Company’s deferred revenue balance primarily relates to amounts received from customers for subscriptions paid in advance of the services being provided that will be earned within the next twelve months. The following table presents changes in the deferred revenue balance for the nine months ended September 30, 2024. 2024 Balance as of January 1 $ 376,253 Deferral of revenue 596,774 Recognition of deferred revenue (555,949) Balance as of September 30 $ 417,078 The Company has obligations for refunds and other similar items of $3,772 as of September 30, 2024 recorded within accrued liabilities.

Prepaid Expenses and Other Curr

Prepaid Expenses and Other Current Assets	9 Months Ended
	Sep. 30, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Prepaid Expenses and Other Current Assets	Prepaid Expenses and Other Current Assets Prepaid expenses and other current assets as of September 30, 2024 and December 31, 2023 consist of the following: September 30, December 31, Prepaid software licenses $ 12,334 $ 10,306 Coronavirus aid, relief, and economic security act retention credit — 1,002 Prepaid insurance costs 2,891 1,946 Other current assets 9,997 8,755 Total $ 25,222 $ 22,009 The Coronavirus Aid, Relief, and Economic Security Act is intended to provide economic relief resulting from the COVID-19 pandemic which includes, but is not limited to, employment related costs. As of March 31, 2024, the Company no longer expects to receive the remainder of the balance in the next twelve months. As such, the Company recorded a reclass of this balance to Other assets. Refer to Note 11

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements The Company values its available-for-sale securities and certain liabilities based on the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. In order to increase consistency and comparability in fair value measurements, a fair value hierarchy that prioritizes observable and unobservable inputs is used to measure fair value into three broad levels, which are described below: Level 1 – Quoted prices (unadjusted) in active markets that are accessible at the measurement date for identical assets or liabilities. The fair value hierarchy gives the highest priority to Level 1 inputs. Level 2 – Observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities; quoted prices in inactive markets or model-derived valuations in which all significant inputs are observable or can be derived principally from or corroborated with observable market data. Level 3 – Unobservable inputs are used when little or no market data is available. The fair value hierarchy gives the lowest priority to Level 3 inputs. In determining fair value, the Company utilizes valuation techniques that maximize the use of observable inputs to the extent possible. In addition, the Company considers counterparty credit risk in its assessment of fair value. The asset or liability’s fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. Valuation techniques used need to maximize the use of observable inputs and minimize the use of unobservable inputs. The following is a description of the valuation methodologies used for certain assets and liabilities measured at fair value, which are not considered Level 1 items. Corporate bonds – Valued at the closing price reported on the active market on which the individual securities, all of which have counterparts with high credit ratings, are traded. Commercial paper – Value is based on yields currently available on comparable securities of issuers with similar credit ratings. Money market funds – Valued at the net asset value (“NAV”) of units of a collective fund. The NAV is used as a practical expedient to estimate fair value. This practical expedient is not used when it is determined to be probable that the fund will sell the investment for an amount different than the reported NAV. The methods described above may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. Furthermore, while the Company believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date. The contractual maturities of investments classified as marketable securities are as follows: September 30, December 31, Due within 1 year $ 323,513 $ 439,155 Due after 1 year through 2 years 188,299 226,042 Total marketable securities $ 511,812 $ 665,197 The following table represents the amortized cost, gross unrealized gains and losses, and fair market value of the Company’s marketable securities by significant investment category in addition to their fair value level at September 30, 2024 and December 31, 2023. As of September 30, 2024 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Level Commercial paper $ 12,534 $ 14 $ — $ 12,548 2 U.S. Treasuries 182,070 314 (51) 182,333 1 Corporate bonds 297,144 1,670 (77) 298,737 2 Money market funds measured at NAV (a) 18,194 — — 18,194 N/A Total marketable securities $ 509,942 $ 1,998 $ (128) $ 511,812 As of December 31, 2023 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Level Commercial paper $ 42,903 $ 16 $ (24) $ 42,895 2 U.S. Treasuries 324,274 2,896 (257) 326,913 1 Corporate bonds 294,540 969 (564) 294,945 2 Money market funds measured at NAV (a) 444 — — 444 N/A Total marketable securities $ 662,161 $ 3,881 $ (845) $ 665,197 (a) Money market funds that were measured at NAV per share (or its equivalent) have not been classified in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the line items presented in the condensed consolidated balance sheets. Of the total marketable securities held at fair value as of September 30, 2024, $86,168 was in a continuous unrealized loss position for 12 months or longer. The Company had no continuous unrealized loss positions in relation to marketable securities as of September 30, 2024 or December 31, 2023 that were as a result of credit deterioration. For the periods presented the Company does not intend to nor will it be required to sell any securities before recovery of their amortized cost bases. For certain other financial instruments, including accounts receivable, accounts payable, accrued liabilities, as well as other current liabilities, the carrying amounts approximate the fair value of such instruments due to the short maturity of these balances.

Property and Equipment, net

Property and Equipment, net	9 Months Ended
	Sep. 30, 2024
Property, Plant and Equipment [Abstract]
Property and Equipment, net	Property and Equipment, net Property and equipment as of September 30, 2024 and December 31, 2023 consist of the following: Depreciation Period in Years September 30, December 31, Internally developed software 3 - 5 $ 68,553 $ 62,306 Acquired software 3 6,441 6,539 Equipment 5 36,863 33,624 Leasehold improvements 1 - 15 9,085 9,113 Furniture and fixtures 5 14,100 12,709 Construction in progress 9,200 8,672 Total property and equipment, cost 144,242 132,963 Less: accumulated depreciation (86,482) (70,352) Total property and equipment, net $ 57,760 $ 62,611 Depreciation and amortization expense related to property and equipment for the three months ended September 30, 2024 and 2023 was $5,619 and $4,417, respectively, and $16,347 and $12,933 for the nine months ended September 30, 2024 and 2023, respectively. During the three and nine months ended September 30, 2024, $1,659 and $5,241 were capitalized in connection with internally developed software inclusive of $205 and $650 of equity-based compensation, respectively. Amortization expense on internally developed software was $3,496 and $2,612 for the three months ended September 30, 2024 and 2023, respectively, and $9,912 and $6,764 for the nine months ended September 30, 2024 and 2023, respectively. During the three months ended September 30, 2024 and 2023, the Company recognized impairment charges of none. During the nine months ended September 30, 2024 and 2023, the Company recognized impairment charges of none and $2,201, respectively. Purchases of property and equipment with unpaid costs in accounts payable and accrued liabilities as of September 30, 2024 were $320 and $2,088, respectively, and $1,272 and $188 as of September 30, 2023, respectively.

Leases

Leases	9 Months Ended
	Sep. 30, 2024
Lessee Disclosure [Abstract]
Leases	Leases Cash paid for amounts included in the measurement of operating lease liabilities for the three months ended September 30, 2024 and 2023 was $3,740 and $3,758, respectively, and $11,212 and $8,598 for the nine months ended September 30, 2024 and September 30, 2023, respectively. During the nine months ended September 30, 2023, the Company entered into a sublease agreement whereby the Company continues to be a lessee under the original operating lease but will act as a sublessor. As a result, during the nine months ended September 30, 2023, the Company recorded $1,506 of impairment to its right of use asset within general and administrative in the condensed consolidated statements of operations. Sublease income is recorded within other income (expense), net within the condensed consolidated statements of operations. The Company had $445 and $444 for the three months ended September 30, 2024 and 2023, respectively, and $1,333 and $1,123 sublease income for the nine months ended September 30, 2024 and 2023, respectively.

Intangible Assets, net

Intangible Assets, net	9 Months Ended
	Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets, net	Intangible Assets, net See below for Intangible assets, net as of September 30, 2024 and December 31, 2023: Weighted September 30, December 31, 2023 Patents 20.0 $ 2,518 $ 3,312 Acquired intangibles - technology 3.0 5,130 5,130 Acquired intangibles - customer relationships 6.4 18,370 18,370 Acquired intangibles - brand names 3.4 500 500 Indefinite lived intangible assets 311 310 Total intangible assets, cost 26,829 27,622 Less: accumulated amortization (9,954) (6,797) Intangible assets, net $ 16,875 $ 20,825

Restricted Cash

Restricted Cash	9 Months Ended
	Sep. 30, 2024
Cash and Cash Equivalents [Abstract]
Restricted Cash	Restricted CashAs of September 30, 2024 and December 31, 2023, the Company maintained bank deposits of $3,410 and $4,501, respectively, which were primarily pledged as collateral for long-term letters of credit issued in favor of airports, in connection with the Company’s obligations under revenue share agreements.

Other Assets

Other Assets	9 Months Ended
	Sep. 30, 2024
Other Assets, Noncurrent [Abstract]
Other Assets	Other Assets Other assets consist of the following as of September 30, 2024 and December 31, 2023: September 30, December 31, Security deposits $ 280 $ 273 Loan fees 99 198 Certificates of deposit — 459 Coronavirus aid, relief, and economic security act retention credit 1,002 — Strategic investment 7,000 6,000 Other long-term assets 2,611 1,477 Total $ 10,992 $ 8,407 During the three months ended March 31, 2024, the Company made an incremental strategic investment in equity securities of a privately held company, which the Company previously invested in during three months ended March 31, 2023. As the investment does not have a readily determinable fair value, the Company elected the measurement alternative to record the investment at initial cost less impairments, if any, adjusted for observable changes in fair value for identical or similar investments of the same issuer. Adjustments resulting from these fluctuations are recorded within other income (expense) on the Company’s condensed consolidated statements of operations.

Accrued Liabilities and Other L

Accrued Liabilities and Other Long Term Liabilities	9 Months Ended
	Sep. 30, 2024
Accrued Liabilities and Other Liabilities [Abstract]
Accrued Liabilities and Other Long Term Liabilities	Accrued Liabilities and Other Long Term Liabilities Accrued liabilities consist of the following as of September 30, 2024 and December 31, 2023: September 30, December 31, Accrued compensation and benefits $ 19,374 $ 18,690 Accrued partnership liabilities 64,868 96,284 Lease liability 6,010 5,727 Other accrued liabilities 39,479 43,314 Total $ 129,731 $ 164,015 The Company has estimated accrued partnership liabilities related to a portion of merchant credit card benefits that it expects to settle in the second half of the current year. Other long term liabilities September 30, December 31, Deferred tax liability $ 1,438 $ 1,711 Lease liability 117,071 121,655 Other long term liabilities 1,345 370 Total $ 119,854 $ 123,736

Warrants

Warrants	9 Months Ended
	Sep. 30, 2024
Equity [Abstract]
Warrants	Warrants In January 2023, the Company recognized $1,038 of the remaining expense related to the 534,655 fully vested United Airlines warrants. These warrants were exercised for Class A Common Stock in a cashless exercise with an intrinsic value of $16,136. The existing warrant agreement with United Airlines expired in the first quarter of 2023. In September 2024, the Company’s remaining warrant agreement, which granted warrants that were exercisable for non-voting common units of Alclear (“Alclear Units”), expired. Based on the probability of vesting, the Company recorded none for both the three months ended September 30, 2024 and 2023, respectively, and none and $623 for the nine months ended September 30, 2024 and 2023, respectively, within general and administrative expense in the condensed consolidated statements of operations.

Stockholder_s Equity

Stockholder’s Equity	9 Months Ended
	Sep. 30, 2024
Stockholders' Equity Note [Abstract]
Stockholder's Equity	Stockholders’ Equity Common Stock The Company has and will issue shares of its common stock as a result of transactions in relation to exchanges and vesting of restricted stock units (“RSUs”). Treasury Stock Historically, the Company's treasury stock consisted of forfeited Restricted Stock Awards (“RSAs”) that were legally issued shares held by the Company, and recorded at par value, as well as any shares repurchased under the Company’s share repurchase program that are not retired by the Company’s board of directors (the “Board”). As of September 30, 2024, all RSAs have been either vested or forfeited. The Company’s treasury stock can be utilized to settle equity-based compensation awards issued by the Company and is excluded from the calculation of the non-controlling interest ownership percentage. Share Repurchases During the nine months ended September 30, 2024, the Company repurchased and retired 11,983,612 shares of its Class A Common Stock for $225,160 at an average price of $18.78. As of September 30, 2024, $100,490 remained available under the repurchase authorization. The Inflation Reduction Act created an excise tax of 1% on the fair market value of net stock repurchases made after December 31, 2022. During the nine months ended September 30, 2024, the Company recorded an accrual of none related to this tax within its condensed consolidated financial statements. Refer to Note 17 for further information regarding the Inflation Reduction Act. Special and Quarterly Dividends On August 2, 2023, the Company announced that its Board adopted a dividend policy (the "Dividend Policy") of paying a quarterly cash dividend to holders of Class A Common Stock and Class B Common Stock. The amount of such quarterly dividends is subject to approval of the actual amount by the Board at the time of such dividend declaration. It is expected that the dividends will be funded by proportionate cash distributions by Alclear to all of its members as of the applicable record date, including holders of non-controlling interests in Alclear and the Company. The declaration of cash dividends in the future is subject to final determination each quarter by the Board based on a number of factors, including the Company’s results of operations, cash flows, financial position and capital requirements, as well as general business conditions, legal, tax and regulatory restrictions and other factors the Board deems relevant at the time it determines to declare such dividends. On February 15, 2024, the Company announced that its Board declared a quarterly dividend of $0.09 per share, payable on March 5, 2024 to holders of record of Class A Common Stock and Class B Common Stock as of the close of business on February 26, 2024. The Company funded the dividend from proportionate cash distributions by Alclear to all of its members as of February 26, 2024, including holders of non-controlling interests in Alclear and the Company. On March 21, 2024, the Company announced the declaration of a special cash dividend in the amount of $0.32 per share payable on April 8, 2024 to holders of record of the Class A Common Stock and Class B Common Stock as of the close of business on April 1, 2024. The Company funded the payment of the special cash dividend with cash held by the Company following its receipt of a pro rata cash distribution made by Alclear to all of its members, including the Company, together with cash held by the Company following its receipt of tax distributions made by Alclear. On May 7, 2024, the Company announced that its Board declared a quarterly dividend of $0.10 per share, payable on June 18, 2024 to holders of record of Class A Common Stock and Class B Common Stock as of the close of business on June 10, 2024. The Company funded the dividend from proportionate cash distributions by Alclear to all of its members as of June 10, 2024, including holders of non-controlling interests in Alclear and the Company. On August 2, 2024, the Company announced that its Board declared a quarterly dividend of $0.10 per share, payable on September 17, 2024 to holders of record of Class A Common Stock and Class B Common Stock as of the close of business on September 10, 2024. The Company funded the dividend from proportionate cash distributions by Alclear to all of its members as of September 10, 2024, including holders of non-controlling interests in Alclear and the Company. To the extent the quarterly or special dividends exceed the Company's current and accumulated earnings and profits, a portion of such dividends may be deemed a return of capital gain to the holders of our Class A Common Stock or Class B Common Stock, as applicable. Non-Controlling Interest The non-controlling interest balance represents the economic interest in Alclear held by our co-founders, Caryn Seidman Becker and Kenneth Cornick (the “Co-Founders”), and members of Alclear. The following table summarizes the ownership of Alclear Units as of September 30, 2024: Alclear Units Ownership Percentage Alclear Units held by Alclear post-reorganization members (other than the Co-Founders and Clear Secure, Inc.) 19,750,578 14.17 % Alclear Units held by the Co-Founders 25,046,690 17.97 % Total 44,797,268 32.15 % The non-controlling interest holders have the right to exchange Alclear Units, together with a corresponding number of shares of Class C Common Stock for Class A Common Stock or Class D Common Stock for Class B Common Stock. As such, exchanges by non-controlling interest holders will result in a change in ownership and reduce the amount recorded as non-controlling interest and increase Class A Common Stock or B Common Stock and additional paid-in-capital for the Company. Upon the issuance of shares Class A Common Stock or B Common Stock, the Company issues a proportionate number of Alclear Units in conjunction with the terms of the Reorganization. During the nine months ended September 30, 2024, certain non-controlling interest holders exchanged their Alclear Units and corresponding shares of Class C Common Stock or Class D Common Stock for shares of the Company's Class A Common Stock or Class B Common Stock, as applicable. As a result, the Company issued 13,264,336 shares of Class A Common Stock, including those issued in connection with the exchanges of Class B Common Stock.

Incentive Plans

Incentive Plans	9 Months Ended
	Sep. 30, 2024
Share-Based Payment Arrangement [Abstract]
Incentive Plans	Incentive Plans 2021 Omnibus Incentive Plan The Clear Secure, Inc 2021 Omnibus Incentive Plan (“2021 Omnibus Incentive Plan”) became effective on June 29, 2021 to provide grants of equity-based awards to the employees, consultants, and directors of the Company and its affiliates. The 2021 Omnibus Incentive Plan authorized the issuance of up to 20,000,000 shares of Class A Common Stock as of the date of the Reorganization. The 2021 Omnibus Incentive Plan authorized the issuance of shares pursuant to the grant, settlement or exercise of RSUs, RSAs, stock options and other share-based awards. Beginning with the first business day of each calendar year beginning in 2022 through 2031, the number of shares available will increase in an amount up to 5% of the total number of common shares outstanding (assuming exchange and/or conversion of all classes of common shares into Class A Common Stock) as of the last day of the immediately preceding year or a lesser amount approved by the Board or its compensation committee, so long as the total share reserve available for future awards at the time is not more than 12% of common shares outstanding (assuming exchange and/or conversion of all classes of common shares into Class A Common Stock). For fiscal year 2023, the Compensation Committee of the Board approved no increase in the 2021 Omnibus Incentive Plan, which such increase would have been effective on the first business day of 2023. Restricted Stock Units RSUs are subject to both service-based and, in some cases, performance-based vesting conditions. RSUs will vest on a specified date, provided the applicable service (generally three years) and, if applicable, when certain performance conditions are probable of satisfaction. The RSUs with performance-based vesting conditions are subject to long-term revenue and cash-basis earnings performance hurdles. The Company determines the fair value of each RSU based on the grant date and records the expense over the vesting period or requisite service period on a straight-line basis and for performance-based vesting awards, whether they are probable or not. The following is a summary of activity related to the RSUs associated with compensation arrangements during the nine months ended September 30, 2024: RSU’s Weighted- Unvested balance as of January 1, 2024 3,897,957 $ 24.85 Granted 2,287,155 18.67 Vested (943,353) 29.13 Forfeited (1,341,245) 22.81 Unvested balance as of September 30, 2024 3,900,514 $ 21.13 The following is a vesting schedule of the expected vesting period related to the unvested RSUs as of September 30, 2024: Unvested RSU’s Expected to vest within 1 year 1,541,630 Expected to vest between 1 to 2 years 1,378,685 Expected to vest between 2 to 3 years 980,199 Unvested balance as of September 30, 2024 3,900,514 Below is the compensation expense recognized related to the RSUs within the condensed consolidated statements of operations: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Cost of direct salaries and benefits $ 97 $ 229 $ 377 $ 445 Research and development 2,467 (3,584) 8,431 6,808 Sales and marketing (594) 435 (106) 466 General and administrative 3,142 3,368 11,281 9,991 Total $ 5,112 $ 448 $ 19,983 $ 17,710 As of September 30, 2024, estimated unrecognized expense for RSUs that are probable of vesting was $57,230 with such expense to be recognized over a weighted-average period of approximately 2.18 years. Founder PSUs During June 2021, the Company established a long-term incentive compensation plan for the Co-Founders, which consists of performance restricted stock-unit awards (the “Founder PSUs”), that will be settled in shares of Class A Common Stock pursuant to the 2021 Omnibus Incentive Plan, subject to the satisfaction of both service and market based vesting conditions. The grant date fair value for the Founder PSUs was determined by a Monte Carlo simulation and discounted by the risk-free rate on the grant date and an expected volatility of 45%. The Founder PSUs are estimated to vest over a five year period, based on the achievement of specified price hurdles of the Company’s Class A Common Stock. The specified price hurdles of the Company’s Class A Common Stock will be measured on the volume-weighted average price per share for the trailing days during any 180 day period that ends within the applicable measurement period. In June 2021, the Company granted 4,208,617 Founder PSUs at a weighted average grant date fair value of $16.54. The Company records the expense related to these awards within general and administrative in the condensed consolidated statements of operations. As of September 30, 2024, estimated unrecognized expense for Founder PSUs was $3,046 with such expense to be recognized over a weighted-average period of approximately 0.41 years. Below is a summary of total compensation expense recorded in relation to the Company’s incentive plans within the condensed consolidated statements of operations: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 RSAs $ — $ 1 $ — $ 10 RSUs 5,112 448 19,983 17,710 Founder PSUs 1,031 3,716 7,055 16,759 Total $ 6,143 $ 4,165 $ 27,038 $ 34,479 Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Cost of direct salaries and benefits $ 97 $ 229 $ 377 $ 445 Research and development 2,467 (3,583) 8,431 $ 6,813 Sales and marketing (594) 435 (106) 466 General and administrative 4,173 7,084 18,336 26,755 Total $ 6,143 $ 4,165 $ 27,038 $ 34,479

Net Income per Common Share

Net Income per Common Share	9 Months Ended
	Sep. 30, 2024
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 September 30, 2024 Three Months Ended September 30, 2023 Class A Class B Class A Class B Basic: Net income attributable to Clear Secure, Inc. $ 23,243 $ 224 $ 15,192 $ 154 Weighted-average number of shares outstanding, basic 92,702,778 891,582 89,189,192 907,234 Net income per common share, basic: $ 0.25 $ 0.25 $ 0.17 $ 0.17 Diluted: Net income attributable to Clear Secure, Inc. used to calculate net income per common share, basic $ 23,243 $ 224 $ 15,192 $ 154 Add: reallocation of net income to Clear Secure, Inc. to reflect dilutive impact 68 (3) 29 (1) Net income attributable to Clear Secure, Inc. used to calculate net income per common share, diluted 23,311 220 15,221 153 Weighted-average number of shares outstanding used to calculate net income per common share, basic 92,702,778 891,582 89,189,192 907,234 Effect of dilutive shares 1,576,293 — 779,363 — Weighted-average number of shares outstanding, diluted 94,279,071 891,582 89,968,555 907,234 Net income per common share, diluted: $ 0.25 $ 0.25 $ 0.17 $ 0.17 Nine Months Ended September 30, 2024 Nine Months Ended September 30, 2023 Class A Class B Class A Class B Basic: Net income attributable to Clear Secure, Inc. $ 65,748 $ 643 $ 13,991 $ 142 Weighted-average number of shares outstanding, basic 92,174,755 901,979 89,436,795 907,234 Net income per common share, basic: $ 0.71 $ 0.71 $ 0.16 $ 0.16 Diluted: Net income attributable to Clear Secure, Inc. used to calculate net income per common share, basic $ 65,748 $ 643 $ 13,991 $ 142 Add: reallocation of net income to Clear Secure, Inc. to reflect dilutive impact 132 (6) (21) (2) Net income attributable to Clear Secure, Inc. used to calculate net income per common share, diluted 65,880 637 13,970 140 Weighted-average number of shares outstanding used to calculate net income per common share, basic 92,174,755 901,979 89,436,795 907,234 Effect of dilutive shares 1,089,188 — 1,066,367 — Weighted-average number of shares outstanding, diluted 93,263,943 901,979 90,503,162 907,234 Net income per common share, diluted: $ 0.71 $ 0.71 $ 0.15 $ 0.15 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 Common Stock and Class B Common Stock for the three and nine months ended September 30, 2024 and September 30, 2023: Three and Nine Months Ended September 30, 2024 Class A Class B Exchangeable Alclear Units 19,750,578 25,046,690 RSU’s 460,559 — Total 20,211,137 25,046,690 Three and Nine Months Ended September 30, 2023 Class A Class B Exchangeable Alclear Units 34,776,689 25,796,690 RSU’s 592,397 — Total 35,369,086 25,796,690 For both the three and nine months ended September 30, 2024, the Company has excluded 4,504,834 potentially dilutive shares from the tables above as they had performance conditions that were not achieved as of the end of the periods above.

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2024
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes As a result of the IPO and Reorganization, the Company became the sole managing member of Alclear, which is treated as a partnership for U.S. federal and most applicable state and local income tax purposes. As a partnership, Alclear is generally not subject to U.S. federal and most state and local income taxes. Any taxable income or loss generated by Alclear is passed through to and included in the taxable income or loss of its members, including us, on a pro rata basis. The Company is subject to federal income taxes in the U.S. and its territories, in addition to state and local income taxes with respect to our allocable share of any taxable income or loss of Alclear, as well as any stand-alone income or loss generated by the Company. The Company is also subject to income taxes in Israel, Argentina, and Mexico. The Company reported a tax expense of $4,751 on a pretax income of $42,775 for the three months ended September 30, 2024 as compared to a tax expense o f $754 on a pretax income of $27,617 f or the three months ended September 30, 2023. This resulted in an effective tax rate of 11.1% for the three months ended September 30, 2024 as compared to 2.7% for the three months ended September 30, 2023. The Company reported a tax expense of $7,125 on a pretax income of $115,828 for the nine months ended September 30, 2024, as compared to a tax expense of $846 on a pretax income of $27,470 f or the nine months ended September 30, 2023. This resulted in an effective tax rate of 6.2% fo r the nine months ended September 30, 2024 as compared to 3.1% fo r the nine months ended September 30, 2023. The Company's effective tax rate differs from the statutory rate primarily due to the following: (1) the impact of Alclear being a partnership and allocating its taxable results to its non-controlling members, (2) movement in valuation allowance, and (3) the impact of U.S. federal and state taxes in excess of applicable tax attributes (e.g., net operating losses and general business tax credits). The Company paid $1,788 and $4,538, respectively, in estimated income taxes for the three and nine months ended September 30, 2024, respectively. The Company is subject to income taxes in the U.S. and its territories, Israel, Argentina, and Mexico. The statute of limitations for adjustments to our historic tax obligations will vary from jurisdiction to jurisdiction. The tax years for U.S. federal and state income tax purposes open for examination are for the years ending December 31, 2018 and forward. The tax years for foreign jurisdictions open for examination are for the years ending December 31, 2019 and forward. Recent U.S. Tax Legislation On August 16, 2022, President Biden signed into law the Inflation Reduction Act. The Inflation Reduction Act creates a 15% corporate alternative minimum tax on profit of corporations whose average annual adjusted financial statement income for any consecutive three-tax-year period preceding the tax year exceeds $1 billion and is effective for tax years beginning after December 31, 2022. This provision did not have a material impact on the condensed consolidated financial statements for the nine months ended September 30, 2024. Additionally, the Inflation Reduction Act creates an excise tax of 1% on the fair market value of net stock repurchases made after December 31, 2022. During the nine months ended September 30, 2024, the Company repurchased 11,983,612 shares of its Class A Common Stock. However, the Company did not record an excise tax as of September 30, 2024 because stock issuances were in excess of repurchases. Tax Receivable Agreement As stated in Note 1, in connection with the IPO, the Company entered into the TRA, which generally provides for payment by the Company to the remaining members of Alclear of 85% of the net cash savings, if any, in U.S. federal, state and local income tax and franchise tax that Clear Secure, Inc. actually realizes or is deemed to realize as a result of (i) any increase in tax basis in Alclear’s assets resulting from (a) exchanges by Alclear members (or their transferees or other assignees) of Alclear Units (along with the corresponding shares of our Class C Common Stock or Class D Common Stock, as applicable) for shares of the Company’s Class A Common Stock or Class B Common Stock, as applicable, and purchases of Alclear Units and corresponding shares of Class C Common Stock or Class D Common Stock, as the case may be, from the Alclear members (or their transferees or other assignees) or (b) payments under the TRA, and (ii) tax benefits related to imputed interest deemed arising as a result of payments made under the TRA. The Company will retain the benefit of the remaining 15% of these net cash savings. The TRA liability is calculated by determining the tax basis subject to TRA (“tax basis”) and applying a blended tax rate to the basis differences and calculating the iterative impact. The blended tax rate consists of the U.S. federal income tax rate and an assumed combined state and local income tax rate driven by the apportionment factors applicable to each state. Subsequent changes to the measurement of the TRA liability are recognized in the condensed consolidated statements of operations as a component of other income (expense), net. The Company expects to obtain an increase in the share of the tax basis of its share of the assets of Alclear when Alclear Units are redeemed or exchanged by Alclear Members and other qualifying transactions. This increase in tax basis may have the effect of reducing the amounts that the Company would otherwise pay in the future to various tax authorities. The increase in tax basis may also decrease gains (or increase losses) on future dispositions of certain capital assets to the extent tax basis is allocated to those capital assets. During the nine months ended September 30, 2024, the Company issued 13,234,336 shares of Class A Common Stock to certain non-controlling interest holders who exchanged their Alclear Units. Refer to Note 14 for further details. These exchanges resulted in a tax basis increase subject to the provisions of the TRA. The recognition of the Company’s liability under the tax receivable agreement mirrors the recognition related to its deferred tax assets. As of September 30, 2024, the Company has not recognized the deferred tax asset for the step-up in tax basis, as the asset is not more-likely-than-not to be realized. Additionally, as of September 30, 2024, the Company has determined the TRA liability is not probable and therefore has not recorded a tax receivable liability that, if recorded, would be approximately $162,125. Tax Distributions The members of Alclear, including Clear Secure, Inc., incur U.S. federal, state and local income taxes on their share of any taxable income of Alclear. The Operating Agreement provides for pro rata cash distributions (“tax distributions”) to the holders of the Alclear Units in an amount generally calculated to provide each member of Alclear with sufficient cash to cover its tax liability in respect of the taxable income of Alclear allocable to them. In general, these tax distributions are computed based on Alclear’s estimated taxable income, multiplied by an assumed tax rate as set forth in the Operating Agreement. For the nine months ended September 30, 2024, Alclear paid tax distributions totaling $24,979 to holders of Alclear Units other than the Company, and recorded a liability of $15,379 to holders of Alclear Units other than other than the Company.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Litigation From time to time, the Company is involved in various legal proceedings arising in the ordinary course of business. The Company records a liability when it believes that it is probable that a loss will be incurred and the amount of loss or range of loss can be reasonably estimated. Based on the currently available information, the Company does not believe that there are claims or legal proceedings that would have a material adverse effect on the business, or the condensed consolidated financial statements of the Company. Commitments other than leases The Company is subject to minimum spend commitments of $16,225 over the next three years under certain service arrangements. In conjunction with the Company’s revenue share agreements with the airports, certain agreements contain minimum annual contracted fees. These future minimum payments are as follows as of September 30, 2024: 2024 $ 8,309 2025 28,705 2026 14,169 2027 10,507 2028 8,103 Thereafter 1,230 Total $ 71,023 The Company has commitments for future marketing expenditures to sports stadiums of $5,301 through 2027. For the three months ended September 30, 2024 and 2023, marketing expenses related to sports stadiums were $1,123 and $1,310,

Related Party Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2024
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions As of September 30, 2024, and December 31, 2023, the Company had total payables to certain related parties of $3,974 and $3,508, respectively. In connection with certain related parties, for the three months ended September 30, 2024 and 2023, the Company recorded $3,785 and $3,523, respectively, in cost of revenue share fee within the condensed consolidated statements of operations. For the nine months ended September 30, 2024 and 2023, the Company recorded expense of $9,738 and $9,188, respectively, within the condensed consolidated statements of operations. In July 2024, a related party exchanged 4,000,000 of their Alclear Units and corresponding shares of Class C Common Stock for shares of the Company’s Class A Common Stock, and the Company repurchased and retired the shares of Class A Common Stock. Refer to Note 17 for information regarding the TRA liability. Refer to Note 13

Employee Benefit Plan

Employee Benefit Plan	9 Months Ended
	Sep. 30, 2024
Retirement Benefits [Abstract]
Employee Benefit Plan	Employee Benefit Plan The Company has a 401(k) retirement, savings and investment plan (the “401(k) Plan”). Participants make contributions to the 401(k) Plan in varying amounts, up to the maximum limits allowable under the Internal Revenue Code. For the three months ended September 30, 2024 and 2023, the Company recorded expense of $317 and $422, respectively, within the condensed consolidated statements of operations. For the nine months ended September 30, 2024 and 2023, the Company recorded expense of $1,665 and $1,817, respectively, within the condensed consolidated statements of operations.

Debt

Debt	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Debt	Debt In March 2020, the Company entered into a credit agreement for a three-year $50,000 revolving credit facility, with a group of lenders. In April 2021, the Company entered into Amendment No. 1 to the Credit Agreement that increased the commitments under the revolving credit facility to $100,000, which extended the maturity date to March 31, 2024. The revolving credit facility includes a letter of credit sub-facility. In June 2023, the Company entered into Amendment No. 2 to the Credit Agreement to transition from London Interbank Offered Rate to the Secured Overnight Financing Rate ("SOFR") as our benchmark interest rate and to extend the maturity date to June 28, 2026. The line of credit has not been drawn against as of September 30, 2024. Prepaid loan fees related to this facility are capitalized and amortized over the remaining term of the credit agreement. The balance expected to be amortized within twelve months from the balance sheet date is presented within Prepaid and other current assets on the condensed consolidated balance sheets, while the long term portion is presented within Other assets in the condensed consolidated balance sheets. The Company incurred $396 of debt issuance costs in connection to Amendment No.2 to the Credit Agreement. As of September 30, 2024 and December 31, 2023, the balance of these loan fees was $231 and $419, respectively. The Credit Agreement contains customary terms and conditions, including limitations on consolidations, mergers, indebtedness, and certain payments, as well as a financial covenant relating to leverage. Borrowings under the Credit Agreement generally will bear a floating interest rate per year and will also include interest based on the greater of the prime rate, SOFR, or New York Federal Reserve Bank (NYFRB) rate, plus an applicable margin for specific interest periods. As of September 30, 2024, the Company had a remaining borrowing capacity of $67,794, net of standby letters of credit, and had no outstanding debt obligations.

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2024
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events Quarterly Dividend On October 31, 2024, the Company announced that its Board declared a quarterly dividend of $0.125 per share, payable on December 17, 2024 to holders of record of Class A Common Stock and Class B Common Stock as of the close of business on December 10, 2024 (the “Record Date”). The Company will fund the dividend from proportionate cash distributions by Alclear to all of its members as of the Record Date, including holders of non-controlling interests in Alclear and the Company. To the extent the quarterly dividend exceeds the Company's current and accumulated earnings and profits, a portion of such dividend may be deemed a return of capital gain to the holders of our Class A Common Stock or Class B Common Stock, as applicable.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Pay vs Performance Disclosure
Net income attributable to Clear Secure, Inc.	$ 23,465	$ 15,346	$ 66,390	$ 14,133

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended	9 Months Ended
	Sep. 30, 2024 shares	Sep. 30, 2024 shares
Trading Arrangements, by Individual
Material Terms of Trading Arrangement		The adoption or termination of contracts, instructions or written plans for the purchase or sale of our securities by our Section 16 officers and directors for the fiscal quarter ended September 30, 2024, each of which is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act (“Rule 10b5-1 Plan”), were as follows: Name Title Date of Adoption of Rule 10b5-1 Trading Plan Scheduled Expiration Date of Rule 10b5-1 Trading Plan Number of Shares to be Sold under the Plan Caryn Seidman Becker Chairman and Chief Executive Officer September 13, 2024 December 16, 2025 1,000,000 Michael Barkin Director September 12, 2024 December 16, 2025 40,000
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false
Caryn Seidman Becker [Member]
Trading Arrangements, by Individual
Name	Caryn Seidman Becker
Title	Chairman and Chief Executive Officer
Rule 10b5-1 Arrangement Adopted	true
Adoption Date	September 13, 2024
Expiration Date	December 16, 2025
Arrangement Duration	459 days
Aggregate Available	1,000,000	1,000,000
Michael Barkin [Member]
Trading Arrangements, by Individual
Name	Michael Barkin
Title	Director
Rule 10b5-1 Arrangement Adopted	true
Adoption Date	September 12, 2024
Expiration Date	December 16, 2025
Arrangement Duration	460 days
Aggregate Available	40,000	40,000

Basis of Presentation and Sum_2

Basis of Presentation and Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Description and Organization	Description and Organization Clear Secure, Inc. (the “Company” and together with its consolidated subsidiaries, “CLEAR,” “we,” “us,” “our”) is a holding company and its principal asset is the controlling equity interest in Alclear Holdings, LLC (“Alclear”). In connection with the Company’s reorganization (the “Reorganization”) completed prior to the completion of its initial public offering (“IPO”), Alclear was formed as a Delaware limited liability company on January 21, 2010 and operates under the terms of the Second Amended and Restated Operating Agreement dated June 7, 2023 (the “Operating Agreement”). As the sole managing member of Alclear, the Company operates and controls all of the business and affairs of Alclear, and through Alclear and its subsidiaries, conducts the Company’s business. The Company operates a secure identity platform under the brand name CLEAR primarily in the United States. CLEAR's current offerings include: CLEAR Plus, a consumer aviation subscription service, which enables access to predictable and fast experiences through dedicated entry lanes in airport security checkpoints within our nationwide network of 58 airports (as of the date of this filing); TSA PreCheck® Enrollment Provided by CLEAR at 52 airports and 10 Staples locations (as of the date of this filing), which offers consumers increased choice in how and where to sign up for this popular trusted traveler program; CLEAR Mobile at 3 airports (as of the date of this filing), which delivers predictable airport security for travelers by accessing a dedicated lane at airport security, simply by showing a QR code, that is free to CLEAR Plus Members and available to all travelers by purchasing a day pass—valid for 24 hours; CLEAR Verified, our B2B offering, which enables our partners to leverage our digital identity technology and reusable member network to facilitate secure and frictionless experiences digitally and physically via our software development kits and application programming interfaces; and our free flagship CLEAR app, which offers consumer products like Home-to-Gate and includes RESERVE Powered by CLEAR, our virtual queuing technology that enables customers to prebook a spot in airport security line so they don’t have to wait.
Basis of Accounting	These condensed consolidated financial statements have been prepared in accordance with United States (“U.S.”) generally accepted accounting principles (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. In the opinion of management, all adjustments consisting only of normal recurring adjustments necessary for a fair presentation have been reflected in these condensed consolidated financial statements. Operating results for the interim periods presented are not necessarily indicative of the results that may be expected for the fiscal year ending December 31, 2024. The preparation of the condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts that are reported in the condensed consolidated financial statements and accompanying disclosures. Although these estimates are based on management’s best knowledge of current events and actions that the Company may undertake in the future, actual results may differ from those estimates. These condensed consolidated financial statements and notes thereto should be read in conjunction with the audited consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023 (the “2023 Form 10-K”). The condensed consolidated financial statements are presented in US Dollars, which is the Company’s reporting currency.
Recently Adopted Accounting Pronouncements	Recently Adopted Accounting Pronouncements The Company adopted all applicable standards effective as of December 31, 2023, within these condensed consolidated financial statements. There was no material impact as a result. There are no newly issued standards since December 31, 2023 that are applicable to the Company.
Fair Value Measurements	Fair Value Measurements The Company values its available-for-sale securities and certain liabilities based on the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. In order to increase consistency and comparability in fair value measurements, a fair value hierarchy that prioritizes observable and unobservable inputs is used to measure fair value into three broad levels, which are described below: Level 1 – Quoted prices (unadjusted) in active markets that are accessible at the measurement date for identical assets or liabilities. The fair value hierarchy gives the highest priority to Level 1 inputs. Level 2 – Observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities; quoted prices in inactive markets or model-derived valuations in which all significant inputs are observable or can be derived principally from or corroborated with observable market data. Level 3 – Unobservable inputs are used when little or no market data is available. The fair value hierarchy gives the lowest priority to Level 3 inputs. In determining fair value, the Company utilizes valuation techniques that maximize the use of observable inputs to the extent possible. In addition, the Company considers counterparty credit risk in its assessment of fair value. The asset or liability’s fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. Valuation techniques used need to maximize the use of observable inputs and minimize the use of unobservable inputs. The following is a description of the valuation methodologies used for certain assets and liabilities measured at fair value, which are not considered Level 1 items. Corporate bonds – Valued at the closing price reported on the active market on which the individual securities, all of which have counterparts with high credit ratings, are traded. Commercial paper – Value is based on yields currently available on comparable securities of issuers with similar credit ratings. Money market funds – Valued at the net asset value (“NAV”) of units of a collective fund. The NAV is used as a practical expedient to estimate fair value. This practical expedient is not used when it is determined to be probable that the fund will sell the investment for an amount different than the reported NAV. The methods described above may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. Furthermore, while the Company believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date.

Revenue (Tables)

Revenue (Tables)	9 Months Ended
	Sep. 30, 2024
Revenue from Contract with Customer [Abstract]
Schedule of Changes in Deferred Revenue	The following table presents changes in the deferred revenue balance for the nine months ended September 30, 2024. 2024 Balance as of January 1 $ 376,253 Deferral of revenue 596,774 Recognition of deferred revenue (555,949) Balance as of September 30 $ 417,078

Prepaid Expenses and Other Cu_2

Prepaid Expenses and Other Current Assets (Tables)	9 Months Ended
	Sep. 30, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of Prepaid Expenses and Other Current Asset	Prepaid expenses and other current assets as of September 30, 2024 and December 31, 2023 consist of the following: September 30, December 31, Prepaid software licenses $ 12,334 $ 10,306 Coronavirus aid, relief, and economic security act retention credit — 1,002 Prepaid insurance costs 2,891 1,946 Other current assets 9,997 8,755 Total $ 25,222 $ 22,009

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Schedule of Contractual Maturities of Investments	The contractual maturities of investments classified as marketable securities are as follows: September 30, December 31, Due within 1 year $ 323,513 $ 439,155 Due after 1 year through 2 years 188,299 226,042 Total marketable securities $ 511,812 $ 665,197
Schedule of Marketable Securities	The following table represents the amortized cost, gross unrealized gains and losses, and fair market value of the Company’s marketable securities by significant investment category in addition to their fair value level at September 30, 2024 and December 31, 2023. As of September 30, 2024 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Level Commercial paper $ 12,534 $ 14 $ — $ 12,548 2 U.S. Treasuries 182,070 314 (51) 182,333 1 Corporate bonds 297,144 1,670 (77) 298,737 2 Money market funds measured at NAV (a) 18,194 — — 18,194 N/A Total marketable securities $ 509,942 $ 1,998 $ (128) $ 511,812 As of December 31, 2023 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Level Commercial paper $ 42,903 $ 16 $ (24) $ 42,895 2 U.S. Treasuries 324,274 2,896 (257) 326,913 1 Corporate bonds 294,540 969 (564) 294,945 2 Money market funds measured at NAV (a) 444 — — 444 N/A Total marketable securities $ 662,161 $ 3,881 $ (845) $ 665,197 (a) Money market funds that were measured at NAV per share (or its equivalent) have not been classified in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the line items presented in the condensed consolidated balance sheets.

Property and Equipment, net (Ta

Property and Equipment, net (Tables)	9 Months Ended
	Sep. 30, 2024
Property, Plant and Equipment [Abstract]
Schedule of Property and Equipment	Property and equipment as of September 30, 2024 and December 31, 2023 consist of the following: Depreciation Period in Years September 30, December 31, Internally developed software 3 - 5 $ 68,553 $ 62,306 Acquired software 3 6,441 6,539 Equipment 5 36,863 33,624 Leasehold improvements 1 - 15 9,085 9,113 Furniture and fixtures 5 14,100 12,709 Construction in progress 9,200 8,672 Total property and equipment, cost 144,242 132,963 Less: accumulated depreciation (86,482) (70,352) Total property and equipment, net $ 57,760 $ 62,611

Intangible Assets, net (Tables)

Intangible Assets, net (Tables)	9 Months Ended
	Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets	See below for Intangible assets, net as of September 30, 2024 and December 31, 2023: Weighted September 30, December 31, 2023 Patents 20.0 $ 2,518 $ 3,312 Acquired intangibles - technology 3.0 5,130 5,130 Acquired intangibles - customer relationships 6.4 18,370 18,370 Acquired intangibles - brand names 3.4 500 500 Indefinite lived intangible assets 311 310 Total intangible assets, cost 26,829 27,622 Less: accumulated amortization (9,954) (6,797) Intangible assets, net $ 16,875 $ 20,825

Other Assets (Tables)

Other Assets (Tables)	9 Months Ended
	Sep. 30, 2024
Other Assets, Noncurrent [Abstract]
Schedule of Other Assets	Other assets consist of the following as of September 30, 2024 and December 31, 2023: September 30, December 31, Security deposits $ 280 $ 273 Loan fees 99 198 Certificates of deposit — 459 Coronavirus aid, relief, and economic security act retention credit 1,002 — Strategic investment 7,000 6,000 Other long-term assets 2,611 1,477 Total $ 10,992 $ 8,407

Accrued Liabilities and Other_2

Accrued Liabilities and Other Long Term Liabilities (Tables)	9 Months Ended
	Sep. 30, 2024
Accrued Liabilities and Other Liabilities [Abstract]
Schedule of Accrued Liabilities	Accrued liabilities consist of the following as of September 30, 2024 and December 31, 2023: September 30, December 31, Accrued compensation and benefits $ 19,374 $ 18,690 Accrued partnership liabilities 64,868 96,284 Lease liability 6,010 5,727 Other accrued liabilities 39,479 43,314 Total $ 129,731 $ 164,015
Schedule of Other Long Term Liabilities	Other long term liabilities September 30, December 31, Deferred tax liability $ 1,438 $ 1,711 Lease liability 117,071 121,655 Other long term liabilities 1,345 370 Total $ 119,854 $ 123,736

Stockholder_s Equity (Tables)

Stockholder’s Equity (Tables)	9 Months Ended
	Sep. 30, 2024
Stockholders' Equity Note [Abstract]
Schedule of Noncontrolling Interest	The following table summarizes the ownership of Alclear Units as of September 30, 2024: Alclear Units Ownership Percentage Alclear Units held by Alclear post-reorganization members (other than the Co-Founders and Clear Secure, Inc.) 19,750,578 14.17 % Alclear Units held by the Co-Founders 25,046,690 17.97 % Total 44,797,268 32.15 %

Incentive Plans (Tables)

Incentive Plans (Tables)	9 Months Ended
	Sep. 30, 2024
Share-Based Payment Arrangement [Abstract]
Schedule of Activity Related to the RSAs Associated With Compensation Arrangements	The following is a summary of activity related to the RSUs associated with compensation arrangements during the nine months ended September 30, 2024: RSU’s Weighted- Unvested balance as of January 1, 2024 3,897,957 $ 24.85 Granted 2,287,155 18.67 Vested (943,353) 29.13 Forfeited (1,341,245) 22.81 Unvested balance as of September 30, 2024 3,900,514 $ 21.13
Schedule of Unvested Restricted Stock Units Expected Vesting Period	The following is a vesting schedule of the expected vesting period related to the unvested RSUs as of September 30, 2024: Unvested RSU’s Expected to vest within 1 year 1,541,630 Expected to vest between 1 to 2 years 1,378,685 Expected to vest between 2 to 3 years 980,199 Unvested balance as of September 30, 2024 3,900,514
Schedule of Compensation Expense Related to the RSAs	Below is the compensation expense recognized related to the RSUs within the condensed consolidated statements of operations: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Cost of direct salaries and benefits $ 97 $ 229 $ 377 $ 445 Research and development 2,467 (3,584) 8,431 6,808 Sales and marketing (594) 435 (106) 466 General and administrative 3,142 3,368 11,281 9,991 Total $ 5,112 $ 448 $ 19,983 $ 17,710 Below is a summary of total compensation expense recorded in relation to the Company’s incentive plans within the condensed consolidated statements of operations: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 RSAs $ — $ 1 $ — $ 10 RSUs 5,112 448 19,983 17,710 Founder PSUs 1,031 3,716 7,055 16,759 Total $ 6,143 $ 4,165 $ 27,038 $ 34,479 Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Cost of direct salaries and benefits $ 97 $ 229 $ 377 $ 445 Research and development 2,467 (3,583) 8,431 $ 6,813 Sales and marketing (594) 435 (106) 466 General and administrative 4,173 7,084 18,336 26,755 Total $ 6,143 $ 4,165 $ 27,038 $ 34,479

Net Income per Common Share (Ta

Net Income per Common Share (Tables)	9 Months Ended
	Sep. 30, 2024
Earnings Per Share [Abstract]
Schedule of Calculation of Basic and Diluted Net Income Per Common Share	Below is the calculation of basic and diluted net income per common share: Three Months Ended September 30, 2024 Three Months Ended September 30, 2023 Class A Class B Class A Class B Basic: Net income attributable to Clear Secure, Inc. $ 23,243 $ 224 $ 15,192 $ 154 Weighted-average number of shares outstanding, basic 92,702,778 891,582 89,189,192 907,234 Net income per common share, basic: $ 0.25 $ 0.25 $ 0.17 $ 0.17 Diluted: Net income attributable to Clear Secure, Inc. used to calculate net income per common share, basic $ 23,243 $ 224 $ 15,192 $ 154 Add: reallocation of net income to Clear Secure, Inc. to reflect dilutive impact 68 (3) 29 (1) Net income attributable to Clear Secure, Inc. used to calculate net income per common share, diluted 23,311 220 15,221 153 Weighted-average number of shares outstanding used to calculate net income per common share, basic 92,702,778 891,582 89,189,192 907,234 Effect of dilutive shares 1,576,293 — 779,363 — Weighted-average number of shares outstanding, diluted 94,279,071 891,582 89,968,555 907,234 Net income per common share, diluted: $ 0.25 $ 0.25 $ 0.17 $ 0.17 Nine Months Ended September 30, 2024 Nine Months Ended September 30, 2023 Class A Class B Class A Class B Basic: Net income attributable to Clear Secure, Inc. $ 65,748 $ 643 $ 13,991 $ 142 Weighted-average number of shares outstanding, basic 92,174,755 901,979 89,436,795 907,234 Net income per common share, basic: $ 0.71 $ 0.71 $ 0.16 $ 0.16 Diluted: Net income attributable to Clear Secure, Inc. used to calculate net income per common share, basic $ 65,748 $ 643 $ 13,991 $ 142 Add: reallocation of net income to Clear Secure, Inc. to reflect dilutive impact 132 (6) (21) (2) Net income attributable to Clear Secure, Inc. used to calculate net income per common share, diluted 65,880 637 13,970 140 Weighted-average number of shares outstanding used to calculate net income per common share, basic 92,174,755 901,979 89,436,795 907,234 Effect of dilutive shares 1,089,188 — 1,066,367 — Weighted-average number of shares outstanding, diluted 93,263,943 901,979 90,503,162 907,234 Net income per common share, diluted: $ 0.71 $ 0.71 $ 0.15 $ 0.15
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	The following tables present potentially dilutive securities excluded from the computations of diluted earnings per share of Class A Common Stock and Class B Common Stock for the three and nine months ended September 30, 2024 and September 30, 2023: Three and Nine Months Ended September 30, 2024 Class A Class B Exchangeable Alclear Units 19,750,578 25,046,690 RSU’s 460,559 — Total 20,211,137 25,046,690 Three and Nine Months Ended September 30, 2023 Class A Class B Exchangeable Alclear Units 34,776,689 25,796,690 RSU’s 592,397 — Total 35,369,086 25,796,690

Commitments and Contingencies (

Commitments and Contingencies (Tables)	9 Months Ended
	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Schedule of Future Minimum Payments	These future minimum payments are as follows as of September 30, 2024: 2024 $ 8,309 2025 28,705 2026 14,169 2027 10,507 2028 8,103 Thereafter 1,230 Total $ 71,023

Description of Business and R_2

Description of Business and Recent Accounting Developments (Details)	9 Months Ended
	Sep. 30, 2024 airport location
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of airports	58
Number of airports with TSA precheck enrollment provided by clear	52
Number of staples with TSA precheck enrollment provided by clear | location	10
Number of airports, TSA precheck enrollment provided by clear mobile	3

Business Combinations (Details)

Business Combinations (Details) $ in Thousands		9 Months Ended
	Sep. 05, 2023 USD ($) tranche	Sep. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)
Business Acquisition [Line Items]
Goodwill		$ 62,757	$ 62,757
Acquired intangibles - customer relationships
Business Acquisition [Line Items]
Finite-live intangible assets useful life		6 years 4 months 24 days
Sora ID, Inc.
Business Acquisition [Line Items]
Purchase consideration	$ 5,250
Business combination, consideration transferred, liabilities incurred	$ 1,500
Business combination, consideration transferred, number of tranches | tranche	2
Goodwill	$ 3,950
Acquired intangible assets	$ 1,300
Business combination, contingent consideration arrangements, payment due, period	1 year
Compensation expense related to the post-combination remuneration		$ 296
Sora ID, Inc. | Retention Bonus
Business Acquisition [Line Items]
Contingent consideration arrangements	$ 4,000	813
Sora ID, Inc. | Post-combination Remuneration
Business Acquisition [Line Items]
Business combination, consideration transferred, number of tranches | tranche	2
Contingent consideration arrangements	$ 9,000	$ 3,000
Sora ID, Inc. | Acquired intangibles - customer relationships
Business Acquisition [Line Items]
Finite-live intangible assets useful life	3 years
Sora ID, Inc. | Developed Technology Rights
Business Acquisition [Line Items]
Finite-live intangible assets useful life	5 years
Sora ID, Inc. | Minimum
Business Acquisition [Line Items]
Business combination, deferred consideration arrangements, payable term	15 months
Sora ID, Inc. | Maximum
Business Acquisition [Line Items]
Business combination, deferred consideration arrangements, payable term	30 months

Revenue - Schedule of Changes i

Revenue - Schedule of Changes in Deferred Revenue (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2024 USD ($)
Change in Contract with Customer, Liability [Roll Forward]
Beginning balance	$ 376,253
Deferral of revenue	596,774
Recognition of deferred revenue	(555,949)
Ending balance	$ 417,078

Revenue - Narrative (Details)

Revenue - Narrative (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Revenue from Contract with Customer [Abstract]
Refund liability	$ 3,772
Revenue recognized included in opening balance	$ 350,175	$ 257,669

Prepaid Expenses and Other Cu_3

Prepaid Expenses and Other Current Assets - Schedule of Prepaid Expenses and Other Current Assets (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Prepaid software licenses	$ 12,334	$ 10,306
Coronavirus aid, relief, and economic security act retention credit	0	1,002
Prepaid insurance costs	2,891	1,946
Other current assets	9,997	8,755
Total	$ 25,222	$ 22,009

Fair Value Measurements - Sched

Fair Value Measurements - Schedule of Contractual Maturities of Investments (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Fair Value Disclosures [Abstract]
Due within 1 year	$ 323,513	$ 439,155
Due after 1 year through 2 years	188,299	226,042
Total marketable securities	$ 511,812	$ 665,197

Fair Value Measurements - Sch_2

Fair Value Measurements - Schedule of Marketable Securities (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 511,812	$ 665,197
Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Amortized Cost	509,942	662,161
Gross Unrealized Gains	1,998	3,881
Gross Unrealized Losses	(128)	(845)
Fair Value	511,812	665,197
Recurring | Level 2 | Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Amortized Cost	12,534	42,903
Gross Unrealized Gains	14	16
Gross Unrealized Losses	0	(24)
Fair Value	12,548	42,895
Recurring | Level 2 | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Amortized Cost	297,144	294,540
Gross Unrealized Gains	1,670	969
Gross Unrealized Losses	(77)	(564)
Fair Value	298,737	294,945
Recurring | Level 1 | U.S. Treasuries
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Amortized Cost	182,070	324,274
Gross Unrealized Gains	314	2,896
Gross Unrealized Losses	(51)	(257)
Fair Value	182,333	326,913
Recurring | Net Asset Value (NAV) | Money market funds measured at NAV
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Amortized Cost	18,194	444
Fair Value	$ 18,194	$ 444

Fair Value Measurements - Narra

Fair Value Measurements - Narrative (Details) $ in Thousands	Sep. 30, 2024 USD ($) investment	Dec. 31, 2023 investment
Fair Value Disclosures [Abstract]
Continuous unrealized loss for 12 months or longer value. | $	$ 86,168
Continuous unrealized loss position from marketable securities | investment	0	0

Property and Equipment, net - S

Property and Equipment, net - Schedule of Property and Equipment (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Property, Plant and Equipment [Line Items]
Total property and equipment, cost	$ 144,242	$ 132,963
Less: accumulated depreciation	(86,482)	(70,352)
Total property and equipment, net	57,760	62,611
Internally developed software
Property, Plant and Equipment [Line Items]
Total property and equipment, cost	$ 68,553	62,306
Internally developed software | Minimum
Property, Plant and Equipment [Line Items]
Depreciation Period in Years	3 years
Internally developed software | Maximum
Property, Plant and Equipment [Line Items]
Depreciation Period in Years	5 years
Acquired software
Property, Plant and Equipment [Line Items]
Depreciation Period in Years	3 years
Total property and equipment, cost	$ 6,441	6,539
Equipment
Property, Plant and Equipment [Line Items]
Depreciation Period in Years	5 years
Total property and equipment, cost	$ 36,863	33,624
Leasehold improvements
Property, Plant and Equipment [Line Items]
Total property and equipment, cost	$ 9,085	9,113
Leasehold improvements | Minimum
Property, Plant and Equipment [Line Items]
Depreciation Period in Years	1 year
Leasehold improvements | Maximum
Property, Plant and Equipment [Line Items]
Depreciation Period in Years	15 years
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Depreciation Period in Years	5 years
Total property and equipment, cost	$ 14,100	12,709
Construction in progress
Property, Plant and Equipment [Line Items]
Total property and equipment, cost	$ 9,200	$ 8,672

Property and Equipment, net - N

Property and Equipment, net - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Property, Plant and Equipment [Abstract]
Depreciation of property and equipment	$ 5,619	$ 4,417	$ 16,347	$ 12,933
Capitalized costs associated with internally developed software	1,659		5,241
Capitalized equity-based compensation	205		650
Amortization expense	3,496	2,612	9,912	6,764
Impairment of assets	0	0	0	2,201
Purchase of fixed assets with accounts payable	320	1,272	320	1,272
Purchase of fixed assets with accrued liabilities	$ 2,088	$ 188	$ 2,088	$ 188

Leases (Details)

Leases (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Lessee Disclosure [Abstract]
Cash paid for amounts included in the measurement of operating lease liabilities	$ 3,740	$ 3,758	$ 11,212	$ 8,598
Impairment on ROU asset				1,506
Sublease income	$ 445	$ 444	$ 1,333	$ 1,123

Intangible Assets, net - Schedu

Intangible Assets, net - Schedule of Intangible Assets, net (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Indefinite-Lived Intangible Assets [Abstract]
Indefinite lived intangible assets	$ 311	$ 310
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Total intangible assets, cost	26,829	27,622
Less: accumulated amortization	(9,954)	(6,797)
Intangible assets, net	$ 16,875	20,825
Patents
Finite-Lived Intangible Assets [Line Items]
Weighted Average Useful Life in Years	20 years
Finite-lived intangible assets	$ 2,518	3,312
Acquired intangibles - technology
Finite-Lived Intangible Assets [Line Items]
Weighted Average Useful Life in Years	3 years
Finite-lived intangible assets	$ 5,130	5,130
Acquired intangibles - customer relationships
Finite-Lived Intangible Assets [Line Items]
Weighted Average Useful Life in Years	6 years 4 months 24 days
Finite-lived intangible assets	$ 18,370	18,370
Acquired intangibles - brand names
Finite-Lived Intangible Assets [Line Items]
Weighted Average Useful Life in Years	3 years 4 months 24 days
Finite-lived intangible assets	$ 500	$ 500

Intangible Assets, net - Narrat

Intangible Assets, net - Narrative (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization of intangible assets	$ 1,351,000	$ 843,000	$ 3,156,000	$ 2,483,000
Impairment of intangible assets	$ 0	$ 0	$ 0	$ 0

Restricted Cash (Details)

Restricted Cash (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Cash and Cash Equivalents [Line Items]
Restricted cash	$ 3,410	$ 4,501
Bank Time Deposits
Cash and Cash Equivalents [Line Items]
Restricted cash	$ 3,410	$ 4,501

Other Assets (Details)

Other Assets (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Other Assets, Noncurrent [Abstract]
Security deposits	$ 280	$ 273
Loan fees	99	198
Certificates of deposit	0	459
Coronavirus aid, relief, and economic security act retention credit	1,002	0
Strategic investment	7,000	6,000
Other long-term assets	2,611	1,477
Total	$ 10,992	$ 8,407

Accrued Liabilities and Other_3

Accrued Liabilities and Other Long Term Liabilities - Schedule of Accrued Liabilities / Other Long Term Liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Accrued Liabilities
Accrued compensation and benefits	$ 19,374	$ 18,690
Accrued partnership liabilities	64,868	96,284
Lease liability	6,010	5,727
Other accrued liabilities	39,479	43,314
Total	$ 129,731	$ 164,015
Other Long Term Liabilities
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	Total	Total
Deferred tax liability	$ 1,438	$ 1,711
Lease liability	117,071	121,655
Other long term liabilities	1,345	370
Total	$ 119,854	$ 123,736

Warrants (Details)

Warrants (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended		9 Months Ended
	Jan. 31, 2023	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Class of Warrant or Right [Line Items]
Warrants, aggregate intrinsic value, vested	$ 16,136
Expenses related to warrants		$ 6,143	$ 4,165	$ 27,038	$ 34,479
Warrant | Exercisable for Alclear Units
Class of Warrant or Right [Line Items]
Expenses related to warrants		$ 0	$ 0	$ 0	$ 623
Warrant
Class of Warrant or Right [Line Items]
Unrecognized expense	$ 1,038
Warrants, exercises in period (in shares)	534,655

Stockholder_s Equity - Narrativ

Stockholder’s Equity - Narrative (Details) - USD ($)	3 Months Ended						9 Months Ended
	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2024	Dec. 31, 2023
Class of Stock [Line Items]
Repurchase and retirement of equity	$ 75,160,000	$ 64,618,000	$ 85,382,000	$ 11,027,000	$ 38,628,000	$ 6,469,000
Stock repurchased, value							$ 0
Common stock, dividends (in USD per share)	$ 0.10	$ 0.10
O 2024 Q1 Dividends
Class of Stock [Line Items]
Common stock, dividends (in USD per share)			$ 0.09
S 2024 Q1 Dividends
Class of Stock [Line Items]
Common stock, dividends (in USD per share)			$ 0.32
Non-controlling interest
Class of Stock [Line Items]
Repurchase and retirement of equity	$ 7,569,000	$ 12,582,000	$ 32,868,000	$ 2,451,000	$ 15,700,000	$ (911,000)
Alclear Holdings LLC | Non-controlling interest
Class of Stock [Line Items]
Ownership percentage	32.15%						32.15%	38.51%
Common Class A
Class of Stock [Line Items]
Repurchased and retirement of equity (in shares)							11,983,612
Repurchase and retirement of equity							$ 225,160,000
Average price paid per share (in USD per share)							$ 18.78
Remaining authorized repurchase amount	$ 100,490,000						$ 100,490,000
Common Class A | Non-controlling Interest Exchange
Class of Stock [Line Items]
Stock issued during period (in shares)							13,264,336

Stockholder_s Equity -Schedule

Stockholder’s Equity -Schedule of Non-controlling Interest (Details) - Non-controlling interest - Alclear Holdings LLC - shares	Sep. 30, 2024	Dec. 31, 2023
Class of Stock [Line Items]
Alclear units (in shares)	44,797,268
Ownership Percentage	32.15%	38.51%
Alclear Units held by Alclear post-reorganization members (other than the Co-Founders and Clear Secure, Inc.)
Class of Stock [Line Items]
Alclear units (in shares)	19,750,578
Ownership Percentage	14.17%
Alclear Units held by the Co-Founders
Class of Stock [Line Items]
Alclear units (in shares)	25,046,690
Ownership Percentage	17.97%

Incentive Plans - Narrative (De

Incentive Plans - Narrative (Details) $ / shares in Units, $ in Thousands		1 Months Ended	9 Months Ended
	Jun. 29, 2021 shares	Jun. 30, 2021 $ / shares shares	Sep. 30, 2024 USD ($) $ / shares shares
RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award requisite service period (in years)			3 years
Unrecognized expense | $			$ 57,230
Period for recognition (in years)			2 years 2 months 4 days
Granted (in shares)			2,287,155
Granted (in USD per share) | $ / shares			$ 18.67
Founder PSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized expense | $			$ 3,046
Period for recognition (in years)			4 months 28 days
Expected volatility rate		45%
Award vesting period (in years)		5 years
Price volatility measurement period (in days)		180 days
Granted (in shares)		4,208,617
Granted (in USD per share) | $ / shares		$ 16.54
2021 Omnibus Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized (in shares)	20,000,000
Percent increase in authorized shares	0.05
Maximum percentage of outstanding stock	12%

Incentive Plans - Schedule of S

Incentive Plans - Schedule of Share-based Payment Arrangements (Details) - RSUs - $ / shares	9 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Number of shares
Unvested balance, beginning of period (in shares)	3,897,957
Granted (in shares)	2,287,155
Vested (in shares)	(943,353)
Forfeited (in shares)	(1,341,245)
Unvested balance, end of period (in shares)	3,900,514
Weighted- Average Grant-Date Fair Value
Unvested balance, beginning of period (in USD per share)	$ 21.13	$ 24.85
Granted (in USD per share)	18.67
Vested (in USD per share)	29.13
Forfeited (in USD per share)	22.81
Unvested balance, end of period (in USD per share)	$ 21.13

Incentive Plans - Schedule of t

Incentive Plans - Schedule of the Expected Vesting Period (Details) - RSU’s - shares	Sep. 30, 2024	Dec. 31, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, equity instruments other than options, nonvested, number (in shares)	3,900,514	3,897,957
Expected to vest within 1 year
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, equity instruments other than options, nonvested, number (in shares)	1,541,630
Expected to vest between 1 to 2 years
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, equity instruments other than options, nonvested, number (in shares)	1,378,685
Expected to vest between 2 to 3 years
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, equity instruments other than options, nonvested, number (in shares)	980,199

Incentive Plans - Schedule of C

Incentive Plans - Schedule of Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	$ 6,143	$ 4,165	$ 27,038	$ 34,479
Cost of direct salaries and benefits
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	97	229	377	445
Research and development
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	2,467	435	8,431	466
Sales and marketing
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	(594)	7,084	(106)	26,755
General and administrative
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	4,173	(3,583)	18,336	6,813
RSAs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	0	1	0	10
RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	5,112	448	19,983	17,710
RSUs | Cost of direct salaries and benefits
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	97	229	377	445
RSUs | Research and development
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	2,467	(3,584)	8,431	6,808
RSUs | Sales and marketing
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	(594)	435	(106)	466
RSUs | General and administrative
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	3,142	3,368	11,281	9,991
Founder PSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	$ 1,031	$ 3,716	$ 7,055	$ 16,759

Net Income per Common Share - S

Net Income per Common Share - Schedule of Calculation of Basic and Diluted Net Income Per Common Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Basic:
Net income attributable to Clear Secure, Inc.	$ 23,465	$ 15,346	$ 66,390	$ 14,133
Common Class A
Basic:
Net income attributable to Clear Secure, Inc.	$ 23,243	$ 15,192	$ 65,748	$ 13,991
Weighted-average number of shares outstanding, basic (in shares)	92,702,778	89,189,192	92,174,755	89,436,795
Net income per common share, basic (in USD per share)	$ 0.25	$ 0.17	$ 0.71	$ 0.16
Diluted:
Net income attributable to Clear Secure, Inc. used to calculate net income per common share, basic	$ 23,243	$ 15,192	$ 65,748	$ 13,991
Add: reallocation of net income to Clear Secure, Inc. to reflect dilutive impact	68	29	132	(21)
Net income attributable to Clear Secure, Inc. used to calculate net income per common share, diluted	$ 23,311	$ 15,221	$ 65,880	$ 13,970
Weighted-average number of shares outstanding used to calculate net income per common share, basic (in shares)	92,702,778	89,189,192	92,174,755	89,436,795
Effect of dilutive shares (in shares)	1,576,293	779,363	1,089,188	1,066,367
Weighted-average number of shares outstanding, diluted (in shares)	94,279,071	89,968,555	93,263,943	90,503,162
Net income per common share, diluted (in USD per share)	$ 0.25	$ 0.17	$ 0.71	$ 0.15
Common Class B
Basic:
Net income attributable to Clear Secure, Inc.	$ 224	$ 154	$ 643	$ 142
Weighted-average number of shares outstanding, basic (in shares)	891,582	907,234	901,979	907,234
Net income per common share, basic (in USD per share)	$ 0.25	$ 0.17	$ 0.71	$ 0.16
Diluted:
Net income attributable to Clear Secure, Inc. used to calculate net income per common share, basic	$ 224	$ 154	$ 643	$ 142
Add: reallocation of net income to Clear Secure, Inc. to reflect dilutive impact	(3)	(1)	(6)	(2)
Net income attributable to Clear Secure, Inc. used to calculate net income per common share, diluted	$ 220	$ 153	$ 637	$ 140
Weighted-average number of shares outstanding used to calculate net income per common share, basic (in shares)	891,582	907,234	901,979	907,234
Effect of dilutive shares (in shares)	0	0	0	0
Weighted-average number of shares outstanding, diluted (in shares)	891,582	907,234	901,979	907,234
Net income per common share, diluted (in USD per share)	$ 0.25	$ 0.17	$ 0.71	$ 0.15

Net Income per Common Share -_2

Net Income per Common Share - Schedule of Anti-dilutive Securities (Details) - shares	3 Months Ended	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2024	Sep. 30, 2023
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Dilutive shares (in shares)	4,504,834	4,504,834
Common Class A
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Dilutive shares (in shares)	20,211,137		35,369,086
Common Class A | Exchangeable Alclear Units
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Dilutive shares (in shares)	19,750,578		34,776,689
Common Class A | RSU’s
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Dilutive shares (in shares)	460,559		592,397
Common Class B
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Dilutive shares (in shares)		25,046,690	25,796,690
Common Class B | Exchangeable Alclear Units
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Dilutive shares (in shares)		25,046,690	25,796,690
Common Class B | RSU’s
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Dilutive shares (in shares)		0	0

Net Income per Common Share - N

Net Income per Common Share - Narrative (Details) - shares	3 Months Ended	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2024
Earnings Per Share [Abstract]
Dilutive shares (in shares)	4,504,834	4,504,834

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Operating Loss Carryforwards [Line Items]
Income tax expense (benefit)	$ 4,751	$ 754	$ 7,125	$ 846
Pretax income (loss)	$ 42,775	$ 27,617	$ 115,828	$ 27,470
Effective income tax rate	11.10%	2.70%	6.20%	3.10%
Income taxes paid	$ 1,788		$ 4,538
Percent of savings for holders			0.85
Percent of savings for the company			0.15
Tax receivable liabilities	162,125		$ 162,125
Tax distribution to members			24,979	$ 13,929
Alclear Holdings LLC
Operating Loss Carryforwards [Line Items]
Tax distribution liability	$ 15,379		$ 15,379
Common Class A
Operating Loss Carryforwards [Line Items]
Repurchased and retirement of equity (in shares)			11,983,612
Common Class A | Non-controlling Interest Exchange
Operating Loss Carryforwards [Line Items]
Issuance of stock, net of costs (in shares)			13,264,336
Stock issued during period, excluding class exchange (in shares)			13,234,336

Commitments and Contingencies -

Commitments and Contingencies - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Long-term Purchase Commitment [Line Items]
Long-term purchase commitment, amount			$ 16,225
Long-term purchase commitment, period			3 years
Marketing expense	$ 1,123	$ 1,310	$ 3,539	$ 3,970
Sales and marketing
Long-term Purchase Commitment [Line Items]
Long-term purchase commitment, amount			$ 5,301

Commitments and Contingencies_2

Commitments and Contingencies - Schedule of Future Minimum Payments (Details) $ in Thousands	Sep. 30, 2024 USD ($)
Commitments and Contingencies Disclosure [Abstract]
2024	$ 8,309
2025	28,705
2026	14,169
2027	10,507
2028	8,103
Thereafter	1,230
Total	$ 71,023

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended		9 Months Ended
	Jul. 31, 2024	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Related Party Transaction [Line Items]
Cost of revenue share fee		$ 28,592	$ 22,885	$ 79,049	$ 63,674
Related Party
Related Party Transaction [Line Items]
Accounts payable		3,974		3,974		$ 3,508
Cost of revenue share fee		$ 3,785	$ 3,523	$ 9,738	$ 9,188
Repurchased and retirement of equity (in shares)	4,000,000

Employee Benefit Plan (Details)

Employee Benefit Plan (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Retirement Benefits [Abstract]
Discretionary contribution amount	$ 317	$ 422	$ 1,665	$ 1,817

Debt (Details)

Debt (Details) - USD ($)	1 Months Ended
	Mar. 31, 2020	Sep. 30, 2024	Dec. 31, 2023	Apr. 30, 2021
Line of Credit Facility [Line Items]
Debt issuance costs, gross		$ 396,000
Prepaid loan fees		231,000	$ 419,000
Remaining borrowing capacity		67,794,000
Revolving Credit Facility | Credit Agreement April 2021
Line of Credit Facility [Line Items]
Long-term line of credit		0
Revolving Credit Facility | Line of Credit | Credit Agreement March 30, 2020
Line of Credit Facility [Line Items]
Debt instrument term (in years)	3 years
Maximum borrowing capacity	$ 50,000
Long-term line of credit		$ 0
Revolving Credit Facility | Line of Credit | Credit Agreement April 2021
Line of Credit Facility [Line Items]
Maximum borrowing capacity				$ 100,000

Subsequent Events (Details)

Subsequent Events (Details) - $ / shares		3 Months Ended
	Oct. 31, 2024	Sep. 30, 2024	Jun. 30, 2024
Subsequent Event [Line Items]
Common stock, dividends (in USD per share)		$ 0.10	$ 0.10
Common Class A | Subsequent Event
Subsequent Event [Line Items]
Common stock, dividends (in USD per share)	$ 0.125