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| Date | Value |
|---|---|
| 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% |