Clear SecureYOU +0.42%70 Gross Margin % is 66.35% as of Mar. 2026, which is 5% above its 10-year median of 63.18. GuruFocus rates YOU with a GF Score™ of 70/100 and a GF Value™ of $36.02 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,683 Software companies, Clear Secure ranks better than 75.29% on this metric.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Clear Secure had a gross margin of 66.35% for the quarter that ended in Mar. 2026 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Clear Secure Gross Margin % Related Terms
Clear Secure Gross Margin % Historical Data
* Premium members only.
The historical data trend for Clear Secure's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
YOU vs APPF, NAVN, LYFT: Gross Margin % Comparison
For the Software - Application subindustry, Clear Secure's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Clear Secure Gross Margin % vs Software Industry
For the Software industry and Technology sector, Clear Secure's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Clear Secure's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Clear Secure (YOU) has a Gross Margin % of 66.35% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Clear Secure and its competitors. This is near median its historical median of 63.18. Over the past decade, Clear Secure's Gross Margin % has ranged from 51.99 to 68.06. According to the industry distribution chart, Clear Secure ranks #663 out of 2683 companies in the Software industry, placing it in the top 24.7%.
Is Clear Secure's Gross Margin % too high?
Clear Secure's current Gross Margin % of 66.35% is near median its 10-year median of 63.18. Over the past 10 years, this metric has ranged from a low of 51.99 to a high of 68.06. The Software industry median Gross Margin % is 40.45. Clear Secure's value of 66.35% is 64% above this industry median. Based on the distribution chart, Clear Secure ranks #663 out of 2683 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Clear Secure has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Clear Secure's Gross Margin % compare to APPF and NAVN?
According to the Software industry distribution chart, Clear Secure ranks #663 out of 2683 companies for Gross Margin %. This places Clear Secure in the top 25% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 40.45. Clear Secure's value of 66.35% is 64% above this benchmark. Historically, Clear Secure's own Gross Margin % has ranged from 51.99 to 68.06 over the past decade. While the company's 10-year median is 63.18 vs. the industry median of 40.45, Clear Secure has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Software company?
The median Gross Margin % among Software companies is 40.45, based on 2,683 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Clear Secure's current Gross Margin % of 66.35% is 64% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Clear Secure and its competitors. For the Software industry, the median Gross Margin % is 40.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clear Secure's current Gross Margin % is 66.35%, which is near median its own 10-year median of 63.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clear Secure stock overvalued right now?
Based on GuruFocus' analysis, Clear Secure (YOU) is currently considered Significantly Overvalued. The stock's GF Value™ is $36.02, compared to a current price of $52.95 — trading 47% above its estimated fair value. The current Gross Margin % is 66.35%, which is near median its 10-year median of 63.18 and 64% above the Software industry median of 40.45. Clear Secure's overall GF Score™ is 70/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Clear Secure (YOU), the current Gross Margin % is 66.35% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Clear Secure (YOU) Overvalued in 2026?
Based on GuruFocus' analysis, Clear Secure stock appears to be overvalued.
The current stock price of $52.95 is trading 47% above its estimated GF Value™ of $36.02.
GuruFocus considers Clear Secure to be Significantly Overvalued.
Key valuation signals for YOU:
Gross Margin %: 66.35% (near median its 10-year median of 63.18)
GF Value™: $36.02 vs. price of $52.95 (47% above fair value)
Industry Position: 64% above the Software median (#663 of 2683)
No single metric tells the full story. See the YOU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Clear Secure Inc is an identity company making experiences safer and easier digitally and physically. It is involved in creating a frictionless travel experience while enhancing security. Its secure identity platform uses biometrics to automate the identity verification process through lanes in airports, helping to make the travel experience safe and easy. The Company's operations are mainly focused on growing and maintaining its secure identity network across multiple offerings in both aviation and non-aviation channels.
70GF Score
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