Clear Secure (YOU) Gross Margin (2020 - 2026)
Clear Secure's quarterly Gross Margin came in at 99.61% in Q1 2026, up 21.0% year-on-year from 82.32% in Q1 2025, and down 13.32% quarter-over-quarter from 114.92% in Q4 2025.
Clear Secure has reported Gross Margin for 7 years, with the latest figure at 99.61% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 21.0% year-over-year to 99.61%; the trailing twelve-month figure through Mar 2026 stood at 103.44% (up 823.0% YoY), and the FY2025 full-year result was 99.46%, up 579.0% from the prior year.
- Gross Margin for Q1 2026 stood at 99.61%, down from 114.92% in the prior quarter.
- The five-year high for Gross Margin was 119.35% in Q4 2022, with the low at 92.11% in Q4 2023.
- Average Gross Margin over 5 years is 99.22%, with a median of 99.0% recorded in 2022.
- Year-over-year, Gross Margin plunged 2725 bps in 2023 and jumped 2199 bps in 2025.
- Tracing YOU's Gross Margin over 5 years: stood at 119.35% in 2022, then fell by 23 bps to 92.11% in 2023, then grew by 1 bps to 92.93% in 2024, then advanced by 24 bps to 114.92% in 2025, then declined by 13 bps to 99.61% in 2026.
- The last three Gross Margin figures came in at 99.61% (Q1 2026), 114.92% (Q4 2025), and 99.54% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 72.98% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 77.61% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 89.96% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 48.77% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 75.07% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 85.65% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 89.62% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 48.28% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 79.05% |
| 10 | Clear Secure | 5.96 Bn | 5.19 Bn | 252.02 Mn | 99.61% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 99.61% |
| Dec 31, 2025 | 114.92% |
| Sep 30, 2025 | 99.54% |
| Jun 30, 2025 | 99.32% |
| Mar 31, 2025 | 99.40% |
| Dec 31, 2024 | 92.93% |
| Sep 30, 2024 | 94.15% |
| Jun 30, 2024 | 94.11% |
| Mar 31, 2024 | 93.51% |
| Dec 31, 2023 | 92.11% |
| Sep 30, 2023 | 99.18% |
| Jun 30, 2023 | 92.80% |
| Mar 31, 2023 | 99.04% |
| Dec 31, 2022 | 119.35% |
| Sep 30, 2022 | 98.86% |
| Jun 30, 2022 | 98.95% |
| Mar 31, 2022 | 99.00% |
| Dec 31, 2021 | 127.55% |
| Sep 30, 2021 | 85.27% |
| Jun 30, 2021 | 97.91% |
| Mar 31, 2021 | 100.00% |
| Dec 31, 2020 | 90.78% |
| Sep 30, 2020 | 94.16% |
| Jun 30, 2020 | 99.99% |