Clear Secure (YOU) Operating Expenses (2020 - 2026)

Clear Secure's (YOU) quarterly Operating Expenses came in at $83.1 million in Q1 2026, up 21.97% year-on-year from $68.1 million in Q1 2025, and up 7.27% quarter-over-quarter from $77.5 million in Q4 2025.

Clear Secure (YOU) Operating Expenses (2020 - 2026) Analysis & Trends

Clear Secure's Operating Expenses history runs 7 years deep, the most recent figure standing at $83.1 million for Q1 2026.

  • On a quarterly basis, Operating Expenses rose 21.97% year-over-year to $83.1 million in Q1 2026; TTM through Mar 2026 was $305.3 million, a 1.48% increase from a year earlier, with the FY2025 full-year figure at $304.8 million, up 4.78% from the prior year.
  • Operating Expenses climbed to $83.1 million in Q1 2026 per YOU's latest filing, from $77.5 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $118.9 million in Q3 2022 and bottomed at $53.8 million in Q1 2022.
  • The 5-year median for Operating Expenses is $71.8 million (2025), against an average of $75.1 million.
  • Across the five-year window, Operating Expenses jumped 117.14% in 2022 and plunged 44.64% in 2023, its largest moves.
  • Year by year, Operating Expenses stood at $96.1 million in 2022, then plunged by 31.82% to $65.5 million in 2023, then jumped by 44.13% to $94.4 million in 2024, then retreated by 17.99% to $77.5 million in 2025, then increased by 7.27% to $83.1 million in 2026.
  • Per Business Quant, the three latest YOU Operating Expenses figures stand at $83.1 million (Q1 2026), $77.5 million (Q4 2025), and $71.8 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -7.98 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -269.42 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 1.16 Bn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 11.28 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 6.22 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 2.66 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 4.23 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 1.25 Bn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 1.04 Bn
10 Clear Secure 283.00 Mn -488.79 Mn 252.02 Mn 83.09 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 83.09 Mn
Dec 31, 2025 77.45 Mn
Sep 30, 2025 71.75 Mn
Jun 30, 2025 73.02 Mn
Mar 31, 2025 68.12 Mn
Dec 31, 2024 94.44 Mn
Sep 30, 2024 65.53 Mn
Jun 30, 2024 72.78 Mn
Mar 31, 2024 64.51 Mn
Dec 31, 2023 65.53 Mn
Sep 30, 2023 65.84 Mn
Jun 30, 2023 66.93 Mn
Mar 31, 2023 80.02 Mn
Dec 31, 2022 96.11 Mn
Sep 30, 2022 118.92 Mn
Jun 30, 2022 59.56 Mn
Mar 31, 2022 53.75 Mn
Dec 31, 2021 62.01 Mn
Sep 30, 2021 54.77 Mn
Jun 30, 2021 55.22 Mn