Filing Flows › Clear Secure (YOU) › Q3 2026 › vs Q3 2025
Clear Secure (YOU) Q3 2026 vs Q3 2025 (year over year)
Clear Secure's revenue rose $63.7M (+28%) from $229M in Q3 2025 to $293M in Q3 2026. Operating margin 28.3% against 23.0% (+5.4 pts).
Clear Secure, Q3 2026: revenue $293M (+28% year over year), operating margin 28.3%, net earnings $53.2M, operating cash flow −$98.6M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 28.3% | 23.0% | +5.4 pts |
| Net margin | 18.2% | 12.3% | +5.8 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $293M | $229M | $63.7M | +28% |
| Other income, net | $10.2M | $8.3M | $1.9M | +23% |
| Operating profit | $82.9M | $52.6M | $30.3M | +58% |
| Costs & expenses | $210M | $177M | $33.3M | +19% |
| Pre-tax earnings | $93.1M | $60.9M | $32.2M | +53% |
| Research & development | $20.3M | $18.0M | $2.3M | +13% |
| Sales & marketing | $17.7M | $12.9M | $4.8M | +37% |
| General & admin | $73.0M | $58.8M | $14.2M | +24% |
| Other operating costs | $98.9M | $86.8M | $12.1M | +14% |
| Net earnings | $53.2M | $28.3M | $24.9M | +88% |
| Minority interests | $22.2M | $16.9M | $5.3M | +31% |
| Income tax | $17.8M | $15.7M | $2.0M | +13% |
| Operating cash sources | $172M | $92.6M | $79.6M | +86% |
| Depreciation & amortization | $6.8M | $7.4M | −$610K | -8% |
| Share-based compensation | $13.7M | $9.6M | $4.1M | +43% |
| Cash used in operations | $98.6M | $47.3M | $51.3M | +108% |
| Working capital & other | $172M | $92.6M | $79.6M | +86% |
Questions
How much did Clear Secure's revenue grow year over year in Q3 2026?
Clear Secure's revenue rose $63.7M (+28%) from $229M in Q3 2025 to $293M in Q3 2026. Operating margin 28.3% against 23.0% (+5.4 pts).