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.

• On a quarterly basis, Operating Margin rose 681.0% year-over-year to 24.51% in Q1 2026; TTM through Mar 2026 was 22.4%, a 534.0% increase from a year earlier, with the FY2025 full-year figure at 20.7%, up 471.0% from the prior year.
• Operating Margin grew to 24.51% in Q1 2026 per YOU's latest filing, from 22.39% in the prior quarter.
• Across five years, Operating Margin topped out at 24.51% in Q1 2026 and bottomed at 56.68% in Q3 2022.
• The 5-year median for Operating Margin is 13.23% (2024), against an average of 3.88%.
• Across the five-year window, Operating Margin slumped 843 bps in 2022 and surged 6870 bps in 2023, its largest moves.
• Year by year, Operating Margin 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.
• Per Business Quant, the three latest YOU Operating Margin figures stand at 24.51% (Q1 2026), 22.39% (Q4 2025), and 22.96% (Q3 2025).