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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 274.48 Bn | 259.55 Bn | 2.30 Bn | 20.32% |
| 2 | CrowdStrike Holdings | 255.01 Bn | 235.42 Bn | 1.10 Bn | 11.58% |
| 3 | Snowflake | 106.72 Bn | 94.04 Bn | 1.04 Bn | -8.70% |
| 4 | Fortinet | 99.50 Bn | 99.50 Bn | - | - |
| 5 | Datadog | 84.07 Bn | 65.71 Bn | 881.34 Mn | 4.19% |
| 6 | Zscaler | 38.06 Bn | 24.18 Bn | - | - |
| 7 | Okta | 36.37 Bn | 26.46 Bn | 641.00 Mn | 20.62% |
| 8 | Axon Enterprise | 34.46 Bn | 28.98 Bn | 546.45 Mn | 8.76% |
| 9 | MongoDB | 28.25 Bn | 18.72 Bn | 569.77 Mn | 4.58% |
| 10 | Clear Secure | 4.64 Bn | 1.65 Bn | - | 32.28% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.28% |
| Mar 31, 2026 | 27.22% |
| Dec 31, 2025 | 28.18% |
| Sep 30, 2025 | 26.21% |
| Jun 30, 2025 | 22.49% |
| Mar 31, 2025 | 20.80% |
| Dec 31, 2024 | 19.92% |
| Sep 30, 2024 | 21.21% |
| Jun 30, 2024 | 19.72% |
| Mar 31, 2024 | 16.68% |
| Dec 31, 2023 | 12.88% |
| Sep 30, 2023 | 15.35% |
| Jun 30, 2023 | 3.51% |
| Mar 31, 2023 | -7.39% |
| Dec 31, 2022 | -20.76% |
| Sep 30, 2022 | -52.60% |
| Jun 30, 2022 | -8.38% |
| Mar 31, 2022 | -15.08% |
| Dec 31, 2021 | -35.44% |
| Sep 30, 2021 | -41.51% |
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_KEY
import 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();