Clear Secure (YOU) Research & Development (2020 - 2026)
Clear Secure (YOU) recorded quarterly Research & Development of $19.5 million in Q1 2026, up 13.36% quarter-over-quarter from $17.2 million in Q4 2025, and up 2.38% on a YoY basis from $19.0 million in Q1 2025.
Clear Secure (YOU) Research & Development (2020 - 2026) Analysis & Trends
Clear Secure's Research & Development history runs 7 years deep, the most recent figure standing at $19.5 million for Q1 2026.
- In Q1 2026, Research & Development rose 2.38% year-over-year to $19.5 million; the TTM figure through Mar 2026 stood at $72.8 million (up 0.81% YoY), while the FY2025 annual figure was $72.4 million, down 1.32% from the prior year.
- Research & Development was $19.5 million for Q1 2026 at Clear Secure, up from $17.2 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $22.3 million in Q2 2023 to a low of $11.8 million in Q3 2023.
- Historically, Research & Development has averaged $18.0 million across 5 years, with a median of $18.2 million in 2025.
- The sharpest annual moves came in 2022 and 2023: Research & Development surged 72.26% in 2022, then slipped 28.58% in 2023.
- A 5-year view of Research & Development shows it stood at $20.4 million in 2022, then retreated by 10.01% to $18.4 million in 2023, then climbed by 0.07% to $18.4 million in 2024, then retreated by 6.81% to $17.2 million in 2025, then rose 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 | 238.14 Bn | 220.17 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -37.02 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 951.00 Mn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 437.00 Mn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 1.63 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 508.44 Mn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 823.00 Mn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 253.90 Mn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 1.20 Bn |
| 10 | Clear Secure | 5.24 Bn | 4.46 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 |