Clear Secure, Inc. (YOU) shares skyrocketed 16.63% in intraday trading on Wednesday, after the company reported second-quarter results that handily surpassed Wall Street forecasts and raised its full-year outlook.

The secure identity platform posted earnings per share of $0.49, crushing the consensus estimate of $0.39. Revenue jumped 26.6% year-over-year to $277.8 million, exceeding the $269.4 million analyst projection. Net income nearly doubled to $72.3 million, while adjusted EBITDA of $101.1 million also beat expectations. The standout results were driven by robust membership expansion, with total CLEAR members growing 30% to 43.5 million and active CLEAR+ members increasing 15.2% to 8.3 million.

Adding to investor enthusiasm, the company issued third-quarter revenue guidance of $284 million to $287 million, well above the $274.7 million consensus. Clear Secure also lifted its full-year 2026 free cash flow forecast to at least $480 million, representing at least 39.9% year-over-year growth, further signaling strong business momentum.