CLEAR Secure, Inc.

YOU Technology Software Application

CLEAR Secure, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $900.8 million, up 16.9% from fiscal 2024.

Revenue
+27.8%
EPS
+156.7%
Free cash flow
−94.2%

Quarter to September 2026, against a year earlier

56.19 2.89 −4.89%
Market cap
$7.6B
P/E
28.9×
Fwd P/E
24.5×
Dividend yield
—
F-score
6/9
Altman Z
3.13
Beneish M
−1.10
Dividend safety
57/100

CLEAR Secure, Inc. (YOU) Operating margin

Alert me on Operating margin

CLEAR Secure, Inc.'s operating margin over the twelve months to 30 September 2026 was 26.5%, up 5.8 percentage points from fiscal 2025 (20.7%). Over the past ten years it has ranged from −45.3% (fiscal 2021) to 20.7% (fiscal 2025) — the current reading is the highest in ten years. That is above the Software Application industry median of 0.00% and above the Technology sector median of 0.02%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 20.7% 4.71
FY2024 16.0% 12.71
FY2023 3.28% 32.78
FY2022 −29.5% 15.76
FY2021 −45.3% (37.06)
FY2020 −8.20% 21.01
FY2019 −29.2% —

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 28.3% (1.54)
Jun 2026 29.9% 5.35
Mar 2026 24.5% 2.12
Dec 2025 22.4% (0.57)
23 more quarters

Against its own ten years

Low −45.3% High 20.7%
Ten-year median −8.20%
Current reading's percentile 100

Operating margin against peers

Company Operating margin
IDCC InterDigital, Inc. compare 45.1%
YMM Full Truck Alliance Co. Ltd. Sponsored ADR compare 33.8%
YOU CLEAR Secure, Inc. 26.5%
PCTY Paylocity Holding Corporation compare 21.8%
APPF AppFolio, Inc. compare 18.8%
DUOL Duolingo, Inc. compare 12.4%
LYFT Lyft, Inc. compare −1.77%
TTAN ServiceTitan Inc. compare −13.0%
QNT Quantinuum Inc. compare —
Software Application industry median 0.00%
Technology sector median 0.02%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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