Growth & profitability
- Revenue has grown 31.3% per year over the past 5 years.
- Operating margin has expanded, at 20.7% in the latest year.
YOU Financials Clear Secure, Inc.
7 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $901M | $168M | 0.0% | 20.7% | $343M | — | $86M |
| 2024 | $770M | $225M | 0.0% | 16.0% | $284M | — | $67M |
| 2023 | $614M | $50M | 0.0% | 3.3% | $199M | — | $58M |
| 2022 | $437M | -$115M | 0.0% | -29.5% | $137M | — | $39M |
| 2021 | $254M | -$115M | 0.0% | -45.3% | $42M | — | $280M |
| 2020 | $231M | — | 0.0% | -8.2% | -$29M | — | $116M |
| 2019 | $192M | — | 0.0% | -29.2% | $2M | — | — |
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $253M | $39M | 0.0% | 24.5% | $185M | — | $171M |
| Dec '25 | $241M | $31M | 0.0% | 22.4% | $187M | — | $86M |
| Sep '25 | $229M | $28M | 0.0% | 23.0% | -$53M | — | $76M |
| Jun '25 | $219M | $25M | 0.0% | 19.4% | $118M | — | $89M |
| Mar '25 | $211M | $25M | 0.0% | 17.7% | $91M | — | $88M |
| Dec '24 | $206M | $103M | 0.0% | 16.5% | $134M | — | $67M |
| Sep '24 | $198M | $23M | 0.0% | 17.7% | -$38M | — | $33M |
| Jun '24 | $187M | $24M | 0.0% | 16.2% | $110M | — | $39M |
| Mar '24 | $179M | $19M | 0.0% | 13.2% | $78M | — | $64M |
| Dec '23 | $171M | $14M | 0.0% | 9.2% | $90M | — | $58M |
| Sep '23 | $160M | $15M | 0.0% | 12.0% | -$9M | — | $64M |
| Jun '23 | $150M | $4M | 0.0% | 0.1% | $67M | — | $57M |
| Mar '23 | $132M | -$5M | 0.0% | -11.4% | $51M | — | $39M |
| Dec '22 | $128M | -$11M | 0.0% | -25.0% | $71M | — | $39M |
| Sep '22 | $116M | -$37M | 0.0% | -56.7% | $5M | — | $329M |
| Jun '22 | $103M | -$7M | 0.0% | -12.8% | $41M | — | $340M |
| Mar '22 | $91M | -$10M | 0.0% | -20.1% | $19M | — | $299M |
| Dec '21 | $81M | -$17M | 0.0% | -39.1% | $26M | — | $280M |
| Sep '21 | $68M | -$17M | 0.0% | -48.2% | $28M | — | $338M |
| Jun '21 | $55M | -$2M | 0.0% | -68.4% | -$3M | — | $168M |
Valuation over time
How the market has priced YOU against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-earnings ratio has fallen from 33.4× (Jan '24) to 27.8× (Jun '26).
- The price-to-sales ratio has fallen from 5.3× (Mar '23) to 5.2× (Jun '26).
P/E
P/S
Frequently asked questions
Is YOU growing its revenue and profit?
Over the past 5 years, Clear Secure, Inc.'s revenue has grown 31.3% per year. These are computed facts, not advice.
How much debt does YOU have?
As of FY2025, Clear Secure, Inc. reported — of total debt against $86M of cash.
What is YOU's profit margin?
In FY2025, gross margin was —, operating margin 20.7%, and net margin 18.7%.
What is YOU's P/E ratio?
As of Jun '26, Clear Secure, Inc. traded at a price-to-earnings ratio of about 27.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.