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

Clear Secure's Operating Margin history runs 7 years deep, the most recent figure standing at 24.51% for Q1 2026.

• In Q1 2026, Operating Margin rose 681.0% year-over-year to 24.51%; the TTM figure through Mar 2026 stood at 22.4% (up 534.0% YoY), while the FY2025 annual figure was 20.7%, up 471.0% from the prior year.
• Operating Margin was 24.51% for Q1 2026 at Clear Secure, up from 22.39% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 24.51% in Q1 2026 to a low of 56.68% in Q3 2022.
• Historically, Operating Margin has averaged 3.88% across 5 years, with a median of 13.23% in 2024.
• The sharpest annual moves came in 2022 and 2023: Operating Margin slumped 843 bps in 2022, then soared 6870 bps in 2023.
• A 5-year view of Operating Margin shows it stood at 24.96% in 2022, then surged by 137 bps to 9.18% in 2023, then jumped by 80 bps to 16.52% in 2024, then surged by 36 bps to 22.39% in 2025, then rose by 9 bps to 24.51% in 2026.
• The last three Operating Margin figures came in at 24.51% (Q1 2026), 22.39% (Q4 2025), and 22.96% (Q3 2025), per Business Quant data.