Clear Secure (YOU) Cost of Revenue (2020 - 2026)
Clear Secure (YOU) recorded quarterly Cost of Revenue of $979000.0 in Q1 2026, up 102.73% quarter-over-quarter from -$35.9 million in Q4 2025, and down 22.49% on a YoY basis from $1.3 million in Q1 2025.
Clear Secure (YOU) Cost of Revenue (2020 - 2026) Analysis & Trends
Clear Secure's Cost of Revenue history runs 7 years deep, the most recent figure standing at $979000.0 for Q1 2026.
- In Q1 2026, Cost of Revenue fell 22.49% year-over-year to $979000.0; the TTM figure through Mar 2026 stood at -$32.4 million (down 184.28% YoY), while the FY2025 annual figure was $4.9 million, down 90.0% from the prior year.
- Cost of Revenue was $979000.0 for Q1 2026 at Clear Secure, up from -$35.9 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $14.6 million in Q4 2024 to a low of -$35.9 million in Q4 2025.
- Historically, Cost of Revenue has averaged $1.4 million across 5 years, with a median of $1.3 million in 2023.
- The sharpest annual moves came in 2023 and 2025: Cost of Revenue jumped 903.53% in 2023, then slumped 346.52% in 2025.
- A 5-year view of Cost of Revenue shows it stood at -$24.8 million in 2022, then soared by 154.36% to $13.5 million in 2023, then gained by 8.0% to $14.6 million in 2024, then plunged by 346.52% to -$35.9 million in 2025, then surged by 102.73% to $979000.0 in 2026.
- The last three Cost of Revenue figures came in at $979000.0 (Q1 2026), -$35.9 million (Q4 2025), and $1.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 3.02 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | 55.33 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 1.33 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 1.62 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 3.77 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 211.49 Mn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 940.00 Mn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 3.07 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 715.00 Mn |
| 10 | Clear Secure | 5.24 Bn | 4.46 Bn | 252.02 Mn | 979,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 979,000.00 |
| Mar 31, 2026 | 979,000.00 |
| Dec 31, 2025 | -35.93 Mn |
| Dec 31, 2025 | -35.93 Mn |
| Sep 30, 2025 | 1.06 Mn |
| Sep 30, 2025 | 1.06 Mn |
| Jun 30, 2025 | 1.48 Mn |
| Jun 30, 2025 | 1.48 Mn |
| Mar 31, 2025 | 1.26 Mn |
| Mar 31, 2025 | 1.26 Mn |
| Dec 31, 2024 | 14.57 Mn |
| Dec 31, 2024 | 14.57 Mn |
| Sep 30, 2024 | 11.61 Mn |
| Sep 30, 2024 | 11.61 Mn |
| Jun 30, 2024 | 11.01 Mn |
| Jun 30, 2024 | 11.01 Mn |
| Mar 31, 2024 | 11.62 Mn |
| Mar 31, 2024 | 11.62 Mn |
| Dec 31, 2023 | 13.49 Mn |
| Dec 31, 2023 | 13.49 Mn |