Clear Secure (YOU) Research & Development (2020 - 2026)
Clear Secure (YOU) posted Research & Development of $17.8 million for Q2 2026, down 8.63% on a QoQ basis from $19.5 million in Q1 2026, and down 2.51% year-over-year from $18.2 million in Q2 2025.
Analysis
Clear Secure (YOU) Research & Development (2020 - 2026) Analysis & Trends
Clear Secure has reported Research & Development for 7 years, with the latest figure at $17.8 million in Q2 2026.
- On a quarterly basis, Research & Development fell 2.51% year-over-year to $17.8 million in Q2 2026; TTM through Jun 2026 was $72.4 million, a 0.94% decrease from a year earlier, with the FY2025 full-year figure at $72.4 million, down 1.32% from the prior year.
- Research & Development was $17.8 million for Q2 2026 at Clear Secure, down from $19.5 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 $18.1 million recorded in 2025.
- The sharpest annual moves came in 2022 and 2023: Research & Development soared 72.26% in 2022, then dropped 28.58% in 2023.
- Over 5 years, Research & Development 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 climbed by 3.57% to $17.8 million in 2026.
- The last three Research & Development figures came in at $17.8 million (Q2 2026), $19.5 million (Q1 2026), and $17.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Okta | 28.51 Bn | 26.21 Bn | 641.00 Mn | 273.00 Mn |
| 2 | SailPoint | 10.67 Bn | 10.28 Bn | 181.11 Mn | 154.28 Mn |
| 3 | Clear Secure | 5.97 Bn | 5.05 Bn | 276.82 Mn | 17.77 Mn |
| 4 | First Advantage | 3.67 Bn | 3.43 Bn | 203.99 Mn | 27.27 Mn |
| 5 | Cyberloq Technologies | 3.41 Bn | 3.41 Bn | - | 10,412.00 |
| 6 | Red Violet | 1.07 Bn | 1.02 Bn | 22.90 Mn | 5.75 Mn |
| 7 | Mitek Systems | 837.70 Mn | 737.99 Mn | 45.92 Mn | 10.03 Mn |
| 8 | OneSpan | 614.28 Mn | 570.94 Mn | 44.48 Mn | 13.07 Mn |
| 9 | Intellicheck | 56.51 Mn | 44.67 Mn | 5.42 Mn | 1.37 Mn |
| 10 | Aware | 27.56 Mn | 24.66 Mn | 2.73 Mn | 2.53 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.77 Mn |
| 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 |