Clear Secure (YOU) Research & Development (2020 - 2026)
Clear Secure (YOU) posted quarterly Research & Development of $19.5 million for Q1 2026, up 45.31% year-over-year from $13.4 million in Q1 2025, and up 13.36% quarter-over-quarter from $17.2 million in Q4 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 45.31% year-over-year to $19.5 million; the TTM figure through Mar 2026 stood at $64.0 million (down 21.45% YoY), while the FY2025 annual figure 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 $39.1 million in Q4 2024, with the low at $7.8 million in Q1 2022.
- The 5-year median for Research & Development is $13.4 million (2025), against an average of $15.5 million.
- The sharpest annual moves came in 2024 and 2025: Research & Development jumped 189.9% in 2024, then sank 56.13% in 2025.
- Clear Secure's Research & Development stood at $20.4 million in 2022, then plunged by 34.01% to $13.5 million in 2023, then surged by 189.9% to $39.1 million in 2024, then tumbled by 56.13% to $17.2 million in 2025, then increased by 13.36% to $19.5 million in 2026.
- Business Quant data shows YOU's Research & Development at $19.5 million in Q1 2026, $17.2 million in Q4 2025, and $12.9 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -4.12 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 498.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 3.77 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 1.52 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 1.37 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 588.95 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 265.90 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 1.88 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 1.79 Bn |
| 10 | Clear Secure | 6.12 Bn | 5.20 Bn | 276.82 Mn | 17.77 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 17.77 Mn |
| Mar 31, 2026 | 19.45 Mn |
| Dec 31, 2025 | 17.16 Mn |
| Sep 30, 2025 | 12.94 Mn |
| Jun 30, 2025 | 14.49 Mn |
| Mar 31, 2025 | 13.39 Mn |
| Dec 31, 2024 | 39.12 Mn |
| Sep 30, 2024 | 11.61 Mn |
| Jun 30, 2024 | 17.41 Mn |
| Mar 31, 2024 | 11.62 Mn |
| Dec 31, 2023 | 13.49 Mn |
| Sep 30, 2023 | 9.74 Mn |
| Jun 30, 2023 | 10.79 Mn |
| Mar 31, 2023 | 21.94 Mn |
| Dec 31, 2022 | 20.45 Mn |
| Sep 30, 2022 | 10.53 Mn |
| Jun 30, 2022 | 11.37 Mn |
| Mar 31, 2022 | 7.83 Mn |
| Dec 31, 2021 | 9.39 Mn |
| Sep 30, 2021 | 9.95 Mn |