Clear Secure (YOU) Gross Margin (2020 - 2026)
Clear Secure (YOU) posted Gross Margin of 99.66% for Q2 2026, little changed on a QoQ basis from 99.61% in Q1 2026, and up 34.0% year-over-year from 74.37% in Q2 2025.
Analysis
Clear Secure (YOU) Gross Margin (2020 - 2026) Analysis & Trends
Clear Secure has reported Gross Margin for 7 years, with the latest figure at 99.66% in Q2 2026.
- On a quarterly basis, Gross Margin rose 34.0% year-over-year to 99.66% in Q2 2026; TTM through Jun 2026 was 99.59%, a 25.0% increase from a year earlier, with the FY2025 full-year figure at 99.46%, up 12.0% from the prior year.
- Gross Margin was 99.66% for Q2 2026 at Clear Secure, roughly flat from 99.61% in the prior quarter.
- The five-year high for Gross Margin was 99.66% in Q2 2026, with the low at 98.75% in Q4 2022.
- Average Gross Margin over 5 years is 99.24%, with a median of 99.27% recorded in 2024.
- The largest YoY upside for Gross Margin was 109 bps in 2022 against a maximum downside of 100 bps in 2022.
- Over 5 years, Gross Margin stood at 98.75% in 2022, then advanced by 0 bps to 99.1% in 2023, then rose by 0 bps to 99.23% in 2024, then advanced by 0 bps to 99.55% in 2025, then rose by 0 bps to 99.66% in 2026.
- The last three Gross Margin figures came in at 99.66% (Q2 2026), 99.61% (Q1 2026), and 99.55% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Okta | 28.51 Bn | 26.21 Bn | 641.00 Mn | 79.63% |
| 2 | SailPoint | 10.67 Bn | 10.28 Bn | 181.11 Mn | 64.65% |
| 3 | Clear Secure | 5.97 Bn | 5.05 Bn | 276.82 Mn | 99.66% |
| 4 | First Advantage | 3.67 Bn | 3.43 Bn | 203.99 Mn | 45.46% |
| 5 | Cyberloq Technologies | 3.41 Bn | 3.41 Bn | - | - |
| 6 | Red Violet | 1.07 Bn | 1.02 Bn | 22.90 Mn | 85.71% |
| 7 | Mitek Systems | 837.70 Mn | 737.99 Mn | 45.92 Mn | 84.98% |
| 8 | OneSpan | 614.28 Mn | 570.94 Mn | 44.48 Mn | 73.57% |
| 9 | Intellicheck | 56.51 Mn | 44.67 Mn | 5.42 Mn | 91.30% |
| 10 | Aware | 27.56 Mn | 24.66 Mn | 2.73 Mn | 84.02% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 99.66% |
| 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% |