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 r&d expenses
Research and development expenses are spending on new products and technology.
Clear Secure's R&D Expenses for the twelve months ending Sep 30, 2026 was $74.71M, up 1.5% year over year. For fiscal 2025 it was $72.38M, down 1.3% from the year before. The highest annual figure on record is $74.44M in fiscal 2023.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $72.38M | -1.3% |
| FY2024 | Dec 31, 2024 | $73.35M | -1.5% |
| FY2023 | Dec 31, 2023 | $74.44M | +11.4% |
| FY2022 | Dec 31, 2022 | $66.80M | +40.7% |
| FY2021 | Dec 31, 2021 | $47.49M | +48.2% |
| FY2020 | Dec 31, 2020 | $32.04M | +51.0% |
| FY2019 | Dec 31, 2019 | $21.22M | – |
Quarterly r&d expenses
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | $20.33M | +13.0% |
| Q2 FY2026 | Jun 30, 2026 | $17.77M | -2.5% |
| Q1 FY2026 | Mar 31, 2026 | $19.45M | +2.4% |
| Q4 FY2025 | Dec 31, 2025 | $17.16M | -6.8% |
| Q3 FY2025 | Sep 30, 2025 | $18.00M | +3.3% |
| Q2 FY2025 | Jun 30, 2025 | $18.23M | +4.7% |
| Q1 FY2025 | Mar 31, 2025 | $19.00M | -5.5% |
| Q4 FY2024 | Dec 31, 2024 | $18.41M | +0.1% |
| Q3 FY2024 | Sep 30, 2024 | $17.42M | +47.8% |
| Q2 FY2024 | Jun 30, 2024 | $17.41M | -22.0% |
| Q1 FY2024 | Mar 31, 2024 | $20.10M | -8.4% |
| Q4 FY2023 | Dec 31, 2023 | $18.40M | -10.0% |
| Q3 FY2023 | Sep 30, 2023 | $11.79M | -28.6% |
| Q2 FY2023 | Jun 30, 2023 | $22.31M | +55.7% |
| Q1 FY2023 | Mar 31, 2023 | $21.94M | +41.5% |
| Q4 FY2022 | Dec 31, 2022 | $20.45M | +44.0% |
| Q3 FY2022 | Sep 30, 2022 | $16.51M | +23.7% |
| Q2 FY2022 | Jun 30, 2022 | $14.33M | +31.0% |
| Q1 FY2022 | Mar 31, 2022 | $15.51M | +72.3% |
| Q4 FY2021 | Dec 31, 2021 | $14.20M | +63.6% |
| Q3 FY2021 | Sep 30, 2021 | $13.35M | +112.0% |
| Q2 FY2021 | Jun 30, 2021 | $10.94M | +100.9% |
| Q1 FY2021 | Mar 31, 2021 | $9.01M | – |
| Q4 FY2020 | Dec 31, 2020 | $8.68M | – |
| Q3 FY2020 | Sep 30, 2020 | $6.30M | – |
| Q2 FY2020 | Jun 30, 2020 | $5.45M | – |
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