Clear Secure (YOU) Gross Margin (2020 - 2026)
Clear Secure (YOU) recorded quarterly Gross Margin of 99.61% in Q1 2026, down 13.32% quarter-over-quarter from 114.92% in Q4 2025, and up 21.0% on a YoY basis from 82.32% in Q1 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.
- In Q1 2026, Gross Margin rose 21.0% year-over-year to 99.61%; the TTM figure through Mar 2026 stood at 103.44% (up 823.0% YoY), while the FY2025 annual figure was 99.46%, up 579.0% from the prior year.
- Gross Margin was 99.61% for Q1 2026 at Clear Secure, down from 114.92% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 119.35% in Q4 2022 to a low of 92.11% in Q4 2023.
- Historically, Gross Margin has averaged 99.22% across 5 years, with a median of 99.0% in 2022.
- The sharpest annual moves came in 2023 and 2025: Gross Margin plunged 2725 bps in 2023, then surged 2199 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 119.35% in 2022, then declined by 23 bps to 92.11% in 2023, then climbed by 1 bps to 92.93% in 2024, then gained by 24 bps to 114.92% in 2025, then dropped 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 72.98% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 89.96% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 48.77% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 76.92% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 85.65% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 75.07% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 48.28% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 89.20% |
| 10 | Clear Secure | 5.24 Bn | 4.46 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% |