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Clear Secure YOU Operating margin

Operating margin at other companies

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Okta, Inc.OKTA
5.5%
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2.7%-3.7pp
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Travel + LeisureTNL
14.3%-4.8pp

Other financials

Income statement

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Revenue$253.0M+19.7%
Operating income$62.0M+65.8%
Net income$38.8M+52.7%
EPS (diluted)$0.38+46.2%

Balance sheet

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Cash & equivalents$173.5M+91.4%
Total debt$111.3M-6.9%
Total equity$185.3M+58.8%
Total assets$1.4B+28.0%

Cash flow

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Operating cash flow$190.4M+93.6%
CapEx$4.9M-31.2%
Free cash flow$185.5M+103%

Valuation

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Market cap$5.18B+91.7%

Profitability

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Net margin13%-9.0pp
FCF margin39.9%+3.0pp

Returns & leverage

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Return on equity81.2%-43.6pp
Debt / equity0.6×-0.4×
Current ratio+0.2×

Where this comes from

Calculated from Clear Secure’s reported figures.

Based on trailing twelve months.

The official record: Clear Secure’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Clear Secure's operating margin?
Clear Secure (YOU) reported operating margin of 22.4% in Q1 2026.
How has Clear Secure's operating margin changed year-over-year?
Clear Secure's operating margin increased by 31.3% year-over-year, from 17.1% to 22.4%.
What is the long-term trend for Clear Secure's operating margin?
Over 5 years (2020 to 2025), Clear Secure's operating margin has grown at a 20.3% compound annual growth rate (CAGR), from -8.2% to 20.7%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.