By Katherine Hamilton
Clear Secure shares jumped after the company gave sales guidance well ahead of Wall Street estimates.
The stock gained 23% to $41.27 on Wednesday. Shares are up 87% over the past 12 months.
The biometric identity platform said it expects first-quarter revenue to be $242 million to $245 million. Analysts were expecting $237.1 million in first-quarter revenue, according to FactSet.
In the recently ended fourth quarter, Clear Secure recorded $240.8 million in revenue, above the $235.7 million analysts expected.
Chief Executive Caryn Becker said demand is increasing for secure identity services. The company renewed its multi-year partnership with American Express and members increased 32% year-over-year.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
February 25, 2026 11:30 ET (16:30 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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