Clear Secure, Inc.

Good morning and welcome to CLEAR's fiscal third quarter 2026 conference call. We have with us today Caryn Seidman-Becker, founder, chair, and chief executive officer, and Jen Hsu, chief financial officer.

As a reminder before we begin, today's discussion contains forward-looking statements about the company's future business and financial performance.

These are based on management's current expectations and are subject to risks and uncertainties. Factors that could cause actual results to differ materially from these statements are included in the documents the company has filed and furnished with SEC, including today's press release. The company disclaims any obligation to update any forward-looking statements that may be discussed during this call. During this call, unless otherwise stated, all comparisons will be against the comparable period of fiscal year 2025. Additionally, the company will discuss both GAAP and non-GAAP financial measures. A Reconciliation of Gap to Non-Gap Financial Measures is provided in today's press release and the most recently filed Form 10-Q. These items can be found on the Investor Relations section of CLEAR's website. With that, I'll turn the call over to Caryn.