CLEAR Secure (NYSE:YOU) announced its second quarter fiscal year 2026 results, with bookings increasing by 32.8% to $295.9 million, an adjusted EBITDA margin of 36.4%, and a record quarterly free cash flow of $189 million. Total company members grew by 30% year-over-year to 43.5 million, with CLEAR+ members reaching 8.3 million. Despite an anticipated negative free cash flow in the third quarter due to approximately $315 million in partnership liability payments, management has raised its full-year guidance.