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

Clear Secure (YOU) recorded quarterly Operating Expenses of $89.8 million in Q1 2026, up 7.11% quarter-over-quarter from $83.8 million in Q4 2025, and up 13.44% on a YoY basis from $79.2 million in Q1 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 $89.8 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 13.44% year-over-year to $89.8 million; the TTM figure through Mar 2026 stood at $339.3 million (up 8.2% YoY), while the FY2025 annual figure was $328.7 million, up 5.14% from the prior year.
  • Operating Expenses was $89.8 million for Q1 2026 at Clear Secure, up from $83.8 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $128.6 million in Q3 2022 to a low of $64.9 million in Q1 2022.
  • Historically, Operating Expenses has averaged $82.7 million across 5 years, with a median of $79.2 million in 2025.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses jumped 106.93% in 2022, then tumbled 43.78% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $100.8 million in 2022, then fell by 24.92% to $75.7 million in 2023, then advanced by 4.52% to $79.1 million in 2024, then increased by 5.95% to $83.8 million in 2025, then gained 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 238.14 Bn 220.17 Bn 8.16 Bn -7.98 Bn
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -269.42 Mn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 11.28 Bn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 1.16 Bn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 6.22 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 1.04 Bn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 2.33 Bn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 4.23 Bn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 3.67 Bn
10 Clear Secure 5.24 Bn 4.46 Bn 252.02 Mn 89.81 Mn

Historic Data

Download Data
DateValue
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