Clear Secure is expanding its role in trusted identity verification, now working with both Uber and Healthix to drive security and accessibility across different industries. Known for its Clear lanes at airports, Clear’s identity technology is now a key part of Uber’s “Verified” badge program and Healthix’s MyHealthRecordNY platform, which gives New York residents secure access to their medical records from 8,000+ health facilities.

‍

This feature has been rolled out nationwide, helping millions of Uber riders undergo simple verification steps right in the app. Meanwhile, Clear’s partnership with Healthix makes health data accessible across New York, empowering patients to view and manage their medical records securely.

‍

In Q3 2024, Clear posted $186.75 million in revenue, a 24% year-over-year increase, with net income at $38 million. With 17 million members and a 95%+ net retention rate, Clear’s expansion reflects strong loyalty and tech investments.

‍

Despite a $35.9 million cash outflow tied to a credit card partner deal, free cash flow remained at $37.9 million. Clear also repurchased 4 million shares, reinforcing its focus on long-term growth for investors.

‍

Watch the video here