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

Clear Secure's (YOU) quarterly Net Margin came in at 22.29% in Q1 2026, up 403.0% year-on-year from 4.43% in Q1 2025, and up 15.27% quarter-over-quarter from 19.33% in Q4 2025.

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

Clear Secure's Net Margin history runs 7 years deep, the most recent figure standing at 22.29% for Q1 2026.

  • On a quarterly basis, Net Margin rose 403.0% year-over-year to 22.29% in Q1 2026; TTM through Mar 2026 was 19.73%, a 914.0% decrease from a year earlier, with the FY2025 full-year figure at 18.67%, down 1057.0% from the prior year.
  • Net Margin rose to 22.29% in Q1 2026 per YOU's latest filing, from 19.33% in the prior quarter.
  • Across five years, Net Margin topped out at 56.51% in Q4 2024 and bottomed at 56.56% in Q3 2022.
  • The 5-year median for Net Margin is 17.26% (2025), against an average of 8.04%.
  • Across the five-year window, Net Margin jumped 7330 bps in 2023 and slumped 3718 bps in 2025, its largest moves.
  • Year by year, Net Margin stood at 14.63% in 2022, then surged by 193 bps to 13.61% in 2023, then jumped by 315 bps to 56.51% in 2024, then plunged by 66 bps to 19.33% in 2025, then increased by 15 bps to 22.29% in 2026.
  • Per Business Quant, the three latest YOU Net Margin figures stand at 22.29% (Q1 2026), 19.33% (Q4 2025), and 19.7% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 20.22%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn -18.33%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 2.29%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 18.93%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 7.47%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 22.90%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -21.25%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 22.77%
10 Clear Secure 283.00 Mn -488.79 Mn 252.02 Mn 22.29%

Historic Data

Download Data
DateValue
Mar 31, 2026 22.29%
Dec 31, 2025 19.33%
Sep 30, 2025 19.70%
Jun 30, 2025 17.26%
Mar 31, 2025 18.25%
Dec 31, 2024 56.51%
Sep 30, 2024 19.16%
Jun 30, 2024 20.67%
Mar 31, 2024 17.92%
Dec 31, 2023 13.61%
Sep 30, 2023 16.75%
Jun 30, 2023 5.36%
Mar 31, 2023 -6.25%
Dec 31, 2022 -14.63%
Sep 30, 2022 -56.56%
Jun 30, 2022 -12.00%
Mar 31, 2022 -20.76%
Dec 31, 2021 -38.63%
Sep 30, 2021 -48.53%
Jun 30, 2021 -69.05%