Clear Secure (YOU) Operating Expenses (2020 - 2026)
Clear Secure's quarterly Operating Expenses came in at $89.8 million in Q1 2026, up 13.44% year-on-year from $79.2 million in Q1 2025, and up 7.11% quarter-over-quarter from $83.8 million in Q4 2025.
Clear Secure has reported Operating Expenses for 7 years, with the latest figure at $89.8 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 13.44% year-over-year to $89.8 million; the trailing twelve-month figure through Mar 2026 stood at $339.3 million (up 8.2% YoY), and the FY2025 full-year result was $328.7 million, up 5.14% from the prior year.
- Operating Expenses for Q1 2026 stood at $89.8 million, up from $83.8 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 $82.7 million, with a median of $79.2 million recorded in 2025.
- Year-over-year, Operating Expenses soared 106.93% in 2022 and tumbled 43.78% in 2023.
- Tracing YOU's Operating Expenses over 5 years: 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 advanced by 7.11% to $89.8 million in 2026.
- The last three Operating Expenses figures came in at $89.8 million (Q1 2026), $83.8 million (Q4 2025), and $83.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 6.82 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 11.28 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 1.16 Bn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 2.33 Bn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 1.04 Bn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 3.32 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 4.23 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 4.54 Bn |
| 10 | Clear Secure | 5.96 Bn | 5.19 Bn | 252.02 Mn | 89.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 57.88 Mn |
| Mar 31, 2021 | 38.73 Mn |
| Dec 31, 2020 | 31.79 Mn |
| Sep 30, 2020 | 26.35 Mn |
| Jun 30, 2020 | 22.70 Mn |