Clear Secure (YOU) Operating Expenses (2020 - 2026)
Clear Secure (YOU) posted Operating Expenses of $90.3 million for Q2 2026, little changed on a QoQ basis from $89.8 million in Q1 2026, and up 9.44% year-over-year from $82.5 million in Q2 2025.
Analysis
Clear Secure (YOU) Operating Expenses (2020 - 2026) Analysis & Trends
Clear Secure has reported Operating Expenses for 7 years, with the latest figure at $90.3 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 9.44% year-over-year to $90.3 million in Q2 2026; TTM through Jun 2026 was $347.1 million, a 9.24% increase from a year earlier, with the FY2025 full-year figure at $328.7 million, up 5.14% from the prior year.
- Operating Expenses was $90.3 million for Q2 2026 at Clear Secure, roughly flat from $89.8 million in the prior quarter.
- The five-year high for Operating Expenses was $128.6 million in Q3 2022, with the low at $64.9 million in Q1 2022.
- Average Operating Expenses over 5 years is $83.2 million, with a median of $80.8 million recorded in 2025.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 106.93% in 2022, then slumped 43.78% in 2023.
- Over 5 years, Operating Expenses stood at $100.8 million in 2022, then retreated by 24.92% to $75.7 million in 2023, then climbed by 4.52% to $79.1 million in 2024, then rose by 5.95% to $83.8 million in 2025, then climbed by 7.64% to $90.3 million in 2026.
- The last three Operating Expenses figures came in at $90.3 million (Q2 2026), $89.8 million (Q1 2026), and $83.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Okta | 28.51 Bn | 26.21 Bn | 641.00 Mn | 534.00 Mn |
| 2 | SailPoint | 10.67 Bn | 10.28 Bn | 181.11 Mn | 260.94 Mn |
| 3 | Clear Secure | 5.97 Bn | 5.05 Bn | 276.82 Mn | 90.25 Mn |
| 4 | First Advantage | 3.67 Bn | 3.43 Bn | 203.99 Mn | 391.74 Mn |
| 5 | Cyberloq Technologies | 3.41 Bn | 3.41 Bn | - | 115,283.00 |
| 6 | Red Violet | 1.07 Bn | 1.02 Bn | 22.90 Mn | 20.62 Mn |
| 7 | Mitek Systems | 837.70 Mn | 737.99 Mn | 45.92 Mn | 42.49 Mn |
| 8 | OneSpan | 614.28 Mn | 570.94 Mn | 44.48 Mn | 35.74 Mn |
| 9 | Intellicheck | 56.51 Mn | 44.67 Mn | 5.42 Mn | 4.85 Mn |
| 10 | Aware | 27.56 Mn | 24.66 Mn | 2.73 Mn | 5.99 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 90.25 Mn |
| Mar 31, 2026 | 89.81 Mn |
| Dec 31, 2025 | 83.85 Mn |
| Sep 30, 2025 | 83.20 Mn |
| Jun 30, 2025 | 82.47 Mn |
| Mar 31, 2025 | 79.17 Mn |
| Dec 31, 2024 | 79.14 Mn |
| Sep 30, 2024 | 76.96 Mn |
| Jun 30, 2024 | 78.34 Mn |
| Mar 31, 2024 | 78.16 Mn |
| Dec 31, 2023 | 75.72 Mn |
| Sep 30, 2023 | 72.31 Mn |
| Jun 30, 2023 | 82.63 Mn |
| Mar 31, 2023 | 84.37 Mn |
| Dec 31, 2022 | 100.84 Mn |
| Sep 30, 2022 | 128.61 Mn |
| Jun 30, 2022 | 66.10 Mn |
| Mar 31, 2022 | 64.93 Mn |
| Dec 31, 2021 | 69.99 Mn |
| Sep 30, 2021 | 62.15 Mn |