Clear Secure (YOU) Operating Expenses (2020 - 2026)
Clear Secure (YOU) posted quarterly Operating Expenses of $83.1 million for Q1 2026, up 21.97% year-over-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.
- In Q1 2026, Operating Expenses rose 21.97% year-over-year to $83.1 million; the TTM figure through Mar 2026 stood at $305.3 million (up 1.48% YoY), while the FY2025 annual figure was $304.8 million, up 4.78% from the prior year.
- Operating Expenses for Q1 2026 stood at $83.1 million, up from $77.5 million in the prior quarter.
- The five-year high for Operating Expenses was $118.9 million in Q3 2022, with the low 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.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses jumped 117.14% in 2022, then tumbled 44.64% in 2023.
- Clear Secure's Operating Expenses stood at $96.1 million in 2022, then sank by 31.82% to $65.5 million in 2023, then soared by 44.13% to $94.4 million in 2024, then fell by 17.99% to $77.5 million in 2025, then grew by 7.27% to $83.1 million in 2026.
- Business Quant data shows YOU's Operating Expenses at $83.1 million in Q1 2026, $77.5 million in Q4 2025, and $71.8 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -16.33 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.22 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 6.22 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 12.30 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 2.66 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 1.25 Bn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 4.34 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 3.67 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.54 Bn |
| 10 | Clear Secure | 6.12 Bn | 5.20 Bn | 276.82 Mn | 83.71 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 83.71 Mn |
| 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 |