Clear Secure (YOU) EBITDA Margin (2020 - 2026)
Clear Secure (YOU) posted EBITDA Margin of 32.26% for Q2 2026, up 9.79 percentage points from 22.47% a year earlier and up 5.06 percentage points from the prior quarter.
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Analysis
Clear Secure (YOU) EBITDA Margin (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBITDA Margin at Clear Secure was 28.61%, up 7.50 percentage points year-over-year; for FY2025, it was 24.55%, up 5.12 percentage points from FY2024.
- Annual EBITDA Margin has increased for four consecutive years, with a five-year change of +28.66 percentage points (FY2020 to FY2025).
- In prior years, Clear Secure's EBITDA Margin was 19.43% in FY2024 (+12.62 pp), 6.81% in FY2023 (+32.02 pp), -25.21% in FY2022 (+15.18 pp) and -40.39% in FY2021 (-36.27 pp).
- The Q2 2026 figure stands as the highest quarterly EBITDA Margin since Q2 2020.
- On a year-over-year basis, EBITDA Margin has increased in each of the last 15 quarters, with an average year-over-year change of +6.17 percentage points over the last eight quarters.
- The strongest year-over-year quarter for EBITDA Margin in the past five years was Q3 2023, with a gain of 68.07 percentage points; the weakest was Q3 2021, with a drop of 65.40 percentage points.
- According to Business Quant data, EBITDA Margin for the three prior quarters was 27.21% (Q1 2026), 28.16% (Q4 2025) and 26.19% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | 20.32% |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | 11.58% |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 40.40% |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | -8.70% |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 4.19% |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 8.76% |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 20.62% |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | - |
| 10 | Clear Secure | 5.44 Bn | 2.49 Bn | - | 32.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.26% |
| Mar 31, 2026 | 27.21% |
| Dec 31, 2025 | 28.16% |
| Sep 30, 2025 | 26.19% |
| Jun 30, 2025 | 22.47% |
| Mar 31, 2025 | 20.79% |
| Dec 31, 2024 | 19.90% |
| Sep 30, 2024 | 21.20% |
| Jun 30, 2024 | 19.69% |
| Mar 31, 2024 | 16.63% |
| Dec 31, 2023 | 12.83% |
| Sep 30, 2023 | 15.30% |
| Jun 30, 2023 | 3.47% |
| Mar 31, 2023 | -7.47% |
| Dec 31, 2022 | -20.63% |
| Sep 30, 2022 | -52.77% |
| Jun 30, 2022 | -8.57% |
| Mar 31, 2022 | -15.29% |
| Dec 31, 2021 | -35.19% |
| Sep 30, 2021 | -42.34% |
API Access
Clear Secure EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=YOU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "YOU", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=YOU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();