Clear Secure (YOU) Operating Margin (2020 - 2026)
Clear Secure (YOU) posted Operating Margin of 29.86% for Q2 2026, up 21.87% on a QoQ basis from 24.51% in Q1 2026, and up 1047.0% year-over-year from 2.6% in Q2 2025.
Analysis
Clear Secure (YOU) Operating Margin (2020 - 2026) Analysis & Trends
Clear Secure has reported Operating Margin for 7 years, with the latest figure at 29.86% in Q2 2026.
- On a quarterly basis, Operating Margin rose 1047.0% year-over-year to 29.86% in Q2 2026; TTM through Jun 2026 was 25.13%, a 728.0% increase from a year earlier, with the FY2025 full-year figure at 20.7%, up 471.0% from the prior year.
- Operating Margin was 29.86% for Q2 2026 at Clear Secure, up from 24.51% in the prior quarter.
- The five-year high for Operating Margin was 29.86% in Q2 2026, with the low at 56.68% in Q3 2022.
- Average Operating Margin over 5 years is 5.33%, with a median of 14.74% recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Operating Margin sank 843 bps in 2022, then jumped 6870 bps in 2023.
- Over 5 years, Operating Margin stood at 24.96% in 2022, then soared by 137 bps to 9.18% in 2023, then surged by 80 bps to 16.52% in 2024, then soared by 36 bps to 22.39% in 2025, then soared by 33 bps to 29.86% in 2026.
- The last three Operating Margin figures came in at 29.86% (Q2 2026), 24.51% (Q1 2026), and 22.39% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Okta | 28.51 Bn | 26.21 Bn | 641.00 Mn | 13.29% |
| 2 | SailPoint | 10.67 Bn | 10.28 Bn | 181.11 Mn | -28.49% |
| 3 | Clear Secure | 5.97 Bn | 5.05 Bn | 276.82 Mn | 29.86% |
| 4 | First Advantage | 3.67 Bn | 3.43 Bn | 203.99 Mn | 12.71% |
| 5 | Cyberloq Technologies | 3.41 Bn | 3.41 Bn | - | - |
| 6 | Red Violet | 1.07 Bn | 1.02 Bn | 22.90 Mn | 22.81% |
| 7 | Mitek Systems | 837.70 Mn | 737.99 Mn | 45.92 Mn | 21.36% |
| 8 | OneSpan | 614.28 Mn | 570.94 Mn | 44.48 Mn | 14.46% |
| 9 | Intellicheck | 56.51 Mn | 44.67 Mn | 5.42 Mn | 9.64% |
| 10 | Aware | 27.56 Mn | 24.66 Mn | 2.73 Mn | -84.17% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.86% |
| Mar 31, 2026 | 24.51% |
| Dec 31, 2025 | 22.39% |
| Sep 30, 2025 | 22.96% |
| Jun 30, 2025 | 19.39% |
| Mar 31, 2025 | 17.70% |
| Dec 31, 2024 | 16.52% |
| Sep 30, 2024 | 17.68% |
| Jun 30, 2024 | 16.25% |
| Mar 31, 2024 | 13.23% |
| Dec 31, 2023 | 9.18% |
| Sep 30, 2023 | 12.02% |
| Jun 30, 2023 | 0.14% |
| Mar 31, 2023 | -11.38% |
| Dec 31, 2022 | -24.96% |
| Sep 30, 2022 | -56.68% |
| Jun 30, 2022 | -12.77% |
| Mar 31, 2022 | -20.14% |
| Dec 31, 2021 | -39.10% |
| Sep 30, 2021 | -48.25% |