Clear Secure annual operating margin
2019
2020
2021
2022
2023
2024
2025
Clear Secure Operating Margin Growth & History (YOU)
Clear Secure's operating margin was 20.70% for fiscal 2025.
View full Clear Secure company overviewClear Secure annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 20.70% | +4.71 pp |
| 2024 | 2024-12-31 | 15.99% | +12.71 pp |
| 2023 | 2023-12-31 | 3.28% | +32.79 pp |
| 2022 | 2022-12-31 | −29.50% | +15.75 pp |
| 2021 | 2021-12-31 | −45.26% | −37.06 pp |
| 2020 | 2020-12-31 | −8.20% | +21.01 pp |
| 2019 | 2019-12-31 | −29.21% | — |
Clear Secure quarterly operating margin
Q2.20
Q3.20
Q1.21
Q2.21
Q3.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 29.86% | +10.47 pp |
| Q1 2026 | 2026-03-31 | 24.51% | +6.81 pp |
| Q4 2025 | 2025-12-31 | 22.39% | +5.87 pp |
| Q3 2025 | 2025-09-30 | 22.96% | +5.27 pp |
| Q2 2025 | 2025-06-30 | 19.39% | +3.15 pp |
| Q1 2025 | 2025-03-31 | 17.70% | +4.47 pp |
| Q4 2024 | 2024-12-31 | 16.52% | +7.34 pp |
| Q3 2024 | 2024-09-30 | 17.68% | +5.66 pp |
| Q2 2024 | 2024-06-30 | 16.25% | +16.10 pp |
| Q1 2024 | 2024-03-31 | 13.23% | +24.61 pp |
| Q4 2023 | 2023-12-31 | 9.18% | +34.14 pp |
| Q3 2023 | 2023-09-30 | 12.02% | +68.70 pp |
| Q2 2023 | 2023-06-30 | 0.14% | +12.92 pp |
| Q1 2023 | 2023-03-31 | −11.38% | +8.76 pp |
| Q4 2022 | 2022-12-31 | −24.96% | +23.29 pp |
| Q3 2022 | 2022-09-30 | −56.68% | +11.73 pp |
| Q2 2022 | 2022-06-30 | −12.77% | +13.04 pp |
| Q1 2022 | 2022-03-31 | −20.14% | −39.08 pp |
| Q3 2021 | 2021-09-30 | −48.25% | −85.39 pp |
| Q2 2021 · Jun 30 | 2021-06-30 | −68.41% | — |
| Q1 2021 | 2021-03-31 | −25.81% | — |
| Q3 2020 | 2020-09-30 | 18.95% | — |
| Q2 2020 | 2020-06-30 | 37.14% | — |
Clear Secure operating margin trends
Over the last five reported fiscal years, Clear Secure's operating margin increased from −8.20% to 20.70%, a change of +28.90 percentage points. The latest reported quarter, Q2 2026, shows 29.86%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Clear Secure filings at SEC.gov ↗