Clear Secure (YOU) Gross Margin (2020 - 2026)

Clear Secure's (YOU) quarterly Gross Margin came in at 99.61% in Q1 2026, up 21.0% year-on-year from 82.32% in Q1 2025, and little changed quarter-over-quarter from 99.55% in Q4 2025.

Clear Secure (YOU) Gross Margin (2020 - 2026) Analysis & Trends

Clear Secure's Gross Margin history runs 7 years deep, the most recent figure standing at 99.61% for Q1 2026.

  • On a quarterly basis, Gross Margin rose 21.0% year-over-year to 99.61% in Q1 2026; TTM through Mar 2026 was 99.51%, a 15.0% increase from a year earlier, with the FY2025 full-year figure at 99.46%, up 12.0% from the prior year.
  • Gross Margin held at 99.61% in Q1 2026 per YOU's latest filing, from 99.55% in the prior quarter.
  • Across five years, Gross Margin topped out at 99.61% in Q1 2026 and bottomed at 98.75% in Q4 2022.
  • The 5-year median for Gross Margin is 99.23% (2024), against an average of 99.22%.
  • Biggest YoY gain for Gross Margin was 109 bps in 2022; the steepest drop was 100 bps in 2022.
  • Year by year, Gross Margin stood at 98.75% in 2022, then gained by 0 bps to 99.1% in 2023, then increased by 0 bps to 99.23% in 2024, then gained by 0 bps to 99.55% in 2025, then grew by 0 bps to 99.61% in 2026.
  • Per Business Quant, the three latest YOU Gross Margin figures stand at 99.61% (Q1 2026), 99.55% (Q4 2025), and 99.54% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 72.98%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 48.77%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 45.03%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 76.92%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 70.68%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 48.28%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 66.61%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 95.85%
10 Clear Secure 283.00 Mn -488.79 Mn 252.02 Mn 99.61%

Historic Data

Download Data
DateValue
Mar 31, 2026 99.61%
Dec 31, 2025 99.55%
Sep 30, 2025 99.54%
Jun 30, 2025 99.32%
Mar 31, 2025 99.40%
Dec 31, 2024 99.23%
Sep 30, 2024 99.43%
Jun 30, 2024 99.38%
Mar 31, 2024 99.30%
Dec 31, 2023 99.10%
Sep 30, 2023 99.18%
Jun 30, 2023 99.07%
Mar 31, 2023 99.04%
Dec 31, 2022 98.75%
Sep 30, 2022 98.86%
Jun 30, 2022 98.95%
Mar 31, 2022 99.00%
Dec 31, 2021 98.85%
Sep 30, 2021 97.78%
Jun 30, 2021 97.91%