Clear Secure (YOU) Research & Development (2020 - 2026)
Clear Secure's quarterly Research & Development came in at $19.5 million in Q1 2026, up 2.38% year-on-year from $19.0 million in Q1 2025, and up 13.36% quarter-over-quarter from $17.2 million in Q4 2025.
Clear Secure has reported Research & Development for 7 years, with the latest figure at $19.5 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 2.38% year-over-year to $19.5 million; the trailing twelve-month figure through Mar 2026 stood at $72.8 million (up 0.81% YoY), and the FY2025 full-year result was $72.4 million, down 1.32% from the prior year.
- Research & Development for Q1 2026 stood at $19.5 million, up from $17.2 million in the prior quarter.
- The five-year high for Research & Development was $22.3 million in Q2 2023, with the low at $11.8 million in Q3 2023.
- Average Research & Development over 5 years is $18.0 million, with a median of $18.2 million recorded in 2025.
- Year-over-year, Research & Development jumped 72.26% in 2022 and declined 28.58% in 2023.
- Tracing YOU's Research & Development over 5 years: stood at $20.4 million in 2022, then decreased by 10.01% to $18.4 million in 2023, then grew by 0.07% to $18.4 million in 2024, then decreased by 6.81% to $17.2 million in 2025, then gained by 13.36% to $19.5 million in 2026.
- The last three Research & Development figures came in at $19.5 million (Q1 2026), $17.2 million (Q4 2025), and $18.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 1.62 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 951.00 Mn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 437.00 Mn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 823.00 Mn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 508.44 Mn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 1.11 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 253.90 Mn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 840.00 Mn |
| 10 | Clear Secure | 5.96 Bn | 5.19 Bn | 252.02 Mn | 19.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.45 Mn |
| Dec 31, 2025 | 17.16 Mn |
| Sep 30, 2025 | 18.00 Mn |
| Jun 30, 2025 | 18.23 Mn |
| Mar 31, 2025 | 19.00 Mn |
| Dec 31, 2024 | 18.41 Mn |
| Sep 30, 2024 | 17.42 Mn |
| Jun 30, 2024 | 17.41 Mn |
| Mar 31, 2024 | 20.10 Mn |
| Dec 31, 2023 | 18.40 Mn |
| Sep 30, 2023 | 11.79 Mn |
| Jun 30, 2023 | 22.31 Mn |
| Mar 31, 2023 | 21.94 Mn |
| Dec 31, 2022 | 20.45 Mn |
| Sep 30, 2022 | 16.51 Mn |
| Jun 30, 2022 | 14.33 Mn |
| Mar 31, 2022 | 15.51 Mn |
| Dec 31, 2021 | 14.20 Mn |
| Sep 30, 2021 | 13.35 Mn |
| Jun 30, 2021 | 10.94 Mn |
| Mar 31, 2021 | 9.01 Mn |
| Dec 31, 2020 | 8.68 Mn |
| Sep 30, 2020 | 6.30 Mn |
| Jun 30, 2020 | 5.45 Mn |