Clear Secure, Inc. (YOU) stock
YOUNYSEServices-Prepackaged SoftwareFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 4, 2026Score 13/3045% above fair value
$57.21+0.42 (+0.74%)
Close on Nov 13, 2026Market cap $7.74BP/E –Yield –
Clear Secure operating margin
Operating margin is operating income as a percentage of revenue.
Clear Secure's operating margin for the twelve months ending Sep 30, 2026 was 26.5%. For fiscal 2025 it was 20.7%, against 16.0% the year before. The highest annual figure on record is 20.7% in fiscal 2025.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 20.7% | +4.7 |
| FY2024 | Dec 31, 2024 | 16.0% | +12.7 |
| FY2023 | Dec 31, 2023 | 3.3% | +32.8 |
| FY2022 | Dec 31, 2022 | -29.5% | +15.8 |
| FY2021 | Dec 31, 2021 | -45.3% | −37.1 |
| FY2020 | Dec 31, 2020 | -8.2% | +21.0 |
| FY2019 | Dec 31, 2019 | -29.2% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 28.3% | +5.4 |
| Q2 FY2026 | Jun 30, 2026 | 29.9% | +10.5 |
| Q1 FY2026 | Mar 31, 2026 | 24.5% | +6.8 |
| Q4 FY2025 | Dec 31, 2025 | 22.4% | +5.9 |
| Q3 FY2025 | Sep 30, 2025 | 23.0% | +5.3 |
| Q2 FY2025 | Jun 30, 2025 | 19.4% | +3.1 |
| Q1 FY2025 | Mar 31, 2025 | 17.7% | +4.5 |
| Q4 FY2024 | Dec 31, 2024 | 16.5% | +7.3 |
| Q3 FY2024 | Sep 30, 2024 | 17.7% | +5.7 |
| Q2 FY2024 | Jun 30, 2024 | 16.2% | +16.1 |
| Q1 FY2024 | Mar 31, 2024 | 13.2% | +24.6 |
| Q4 FY2023 | Dec 31, 2023 | 9.2% | +34.1 |
| Q3 FY2023 | Sep 30, 2023 | 12.0% | +68.7 |
| Q2 FY2023 | Jun 30, 2023 | 0.1% | +12.9 |
| Q1 FY2023 | Mar 31, 2023 | -11.4% | +8.8 |
| Q4 FY2022 | Dec 31, 2022 | -25.0% | +14.1 |
| Q3 FY2022 | Sep 30, 2022 | -56.7% | −8.4 |
| Q2 FY2022 | Jun 30, 2022 | -12.8% | +55.6 |
| Q1 FY2022 | Mar 31, 2022 | -20.1% | +5.7 |
| Q4 FY2021 | Dec 31, 2021 | -39.1% | −39.0 |
| Q3 FY2021 | Sep 30, 2021 | -48.2% | −67.2 |
| Q2 FY2021 | Jun 30, 2021 | -68.4% | −105.5 |
| Q1 FY2021 | Mar 31, 2021 | -25.8% | – |
| Q4 FY2020 | Dec 31, 2020 | -0.1% | – |
| Q3 FY2020 | Sep 30, 2020 | 18.9% | – |
| Q2 FY2020 | Jun 30, 2020 | 37.1% | – |
See a number that looks wrong?