Clear Secure Gross Margin %

: 61.21% (As of Mar. 2022)

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Gross Margin % is calculated as gross profit divided by its revenue. Clear Secure's Gross Profit for the three months ended in Mar. 2022 was $55.4 Mil. Clear Secure's Revenue for the three months ended in Mar. 2022 was $90.5 Mil. Therefore, Clear Secure's Gross Margin % for the quarter that ended in Mar. 2022 was 61.21%.

The historical rank and industry rank for Clear Secure's Gross Margin % or its related term are showing as below:

YOU' s Gross Margin % Range Over the Past 10 Years
Min: 51.99 Med: 58.68 Max: 68.06
Current: 59.13

During the past 3 years, the highest Gross Margin % of Clear Secure was 68.06%. The lowest was 51.99%. And the median was 58.68%.

YOU's Gross Margin % is ranked better than
62.64% of 2492 companies
in the Software industry
Industry Median: 45.54 vs YOU: 59.13

Clear Secure had a gross margin of 61.21% for the quarter that ended in Mar. 2022 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Clear Secure was 0.00% per year.

Clear Secure Gross Margin % Historical Data

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.

* Premium members only.

Clear Secure Annual Data

Trend

Dec19

Dec20

Dec21

Gross Margin %

51.99

68.06

58.68

Clear Secure Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Gross Margin %						60.60	56.26	58.47	59.30	61.21

Competitive 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.

Annual Data Quarterly Data

Clear Secure Gross Margin % Distribution

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.

Clear Secure Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Clear Secure's Gross Margin for the fiscal year that ended in Dec. 2021 is calculated as

Gross Margin % (A: Dec. 2021 )	=	Gross Profit (A: Dec. 2021 )	/	Revenue (A: Dec. 2021 )
	=	149	/	253.953
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(253.953 - 104.936)	/	253.953
	=	58.68 %

Clear Secure's Gross Margin for the quarter that ended in Mar. 2022 is calculated as

Gross Margin % (Q: Mar. 2022 )	=	Gross Profit (Q: Mar. 2022 )	/	Revenue (Q: Mar. 2022 )
	=	55.4	/	90.539
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(90.539 - 35.122)	/	90.539
	=	61.21 %

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 (NYSE:YOU) Gross Margin % Explanation

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 61.21% for the quarter that ended in Mar. 2022 => 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

Thank you for viewing the detailed overview of Clear Secure's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Clear Secure Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Clear Secure Inc (NYSE:YOU) » Definitions » Gross Margin %

Comparable Companies

NYSE:PD NAS:PRGS NYSE:COMP NAS:AMPL NYSE:CALX NAS:DCT NAS:APPS NAS:MSTR NYSE:INST NAS:FROG NYSE:CRM NAS:INTU XTER:SAP NYSE:NOW XPAR:DSY NYSE:UBER NAS:TEAM TSX:SHOP NAS:WDAY NAS:ADSK

Traded in Other Exchanges

N/A

Address

65 East 55th Street, 17th Floor, New York, NY, USA, 10022

Website

https://www.clearme.com

Clear Secure Inc is involved in the creation of a frictionless travel experience while enhancing security. Its secure identity platform uses biometrics to automate the identity verification process through lanes in airports which helps to make the travel experience safe and easy.

Executives

Liu Dennis W.	officer: Chief Accounting Officer	65 EAST 55TH STREET, 17TH FLOOR NEW YORK NY 10022
General Atlantic (alc), L.p.	10 percent owner	C/O GENERAL ATLANTIC SERVICE CO., L.P. 55 EAST 52ND STREET, 33RD FLOOR NEW YORK NY 10055
General Atlantic (lux) S.a R.l.	10 percent owner	412F ROUTE D'ESCH LUXEMBOURG P7 10055
General Atlantic Partners (lux), Scsp	10 percent owner	55 EAST 52ND STREET FLOOR 33 NEW YORK NY 10055
General Atlantic Genpar (lux) Scsp	10 percent owner	412F ROUTE D'ESCH LUXEMBOURG N4 2086
General Atlantic Partners (bermuda) Eu, L.p.	10 percent owner	C/O GENERAL ATLANTIC SERVICE COMPANY LP 55 EAST 52ND STREET, 33RD FLOOR NEW YORK NY 10055
Gap (bermuda) L.p.	10 percent owner	C/O GENERAL ATLANTIC SERVICE COMPANY 55 EAST 52ND ST. 32ND FLOOR NEW YORK NY 10055
General Atlantic Genpar (bermuda), L.p.	10 percent owner	C/O GENERAL ATLANTIC SERVICE COMPANY,LLC 55 EAST 52ND ST. 32ND FLOOR NEW YORK NY 10055
General Atlantic Partners 100, L.p.	10 percent owner	C/O GENERAL ATLANTIC SERVICE COMPANY,LP 55 EAST 52ND STREET, 33RD FLOOR NEW YORK NY 10055
Perrin Walter Catesby Iii	officer: EVP, Growth	65 EAST 55TH STREET, 17TH FLOOR NEW YORK NY 10022
Comella Maria A.	officer: Head of Public Affairs	65 EAST 55TH STREET, 17TH FLOOR NEW YORK NY 10022
Cornick Kenneth L.	director, 10 percent owner, officer: President & CFO	65 EAST 55TH STREET, 17TH FLOOR NEW YORK NY 10022
Jouhal Chiranjiv S.	officer: Chief Technology Officer	65 EAST 55TH STREET, 17TH FLOOR NEW YORK NY 10022
Levine Matthew	officer: GC & Chief Privacy Officer	65 EAST 55TH STREET, 17TH FLOOR NEW YORK NY 10022
Patterson Richard N. Jr.	officer: Chief Info Sec. Officer	65 EAST 55TH STREET, 17TH FLOOR NEW YORK NY 10022

Clear Secure Headlines

From GuruFocus

$YOU - Clear Secure: Secure Solutions, Perhaps A Secure Investment As Well. Clear Secure Secure Solutions Perhaps A Secure Investment As Well

By Seekingalpha 2021-07-04

Clear Secure Gross Margin %

Clear Secure Gross Margin % Historical Data

Clear Secure Gross Margin % Calculation

Clear Secure Gross Margin % Related Terms

Clear Secure Business Description

Clear Secure Headlines

CLEAR Secure, Inc. to Announce Fourth Quarter and Full Year 2021 Financial Results on March 23, 2022

CLEAR Expands To Terminal B At Boston Logan International Airport

CLEAR Collaborates with Microsoft to Create More Secure Digital Experience Through Verification Credential

CLEAR Announces Fourth Quarter and Full Year 2021 Financial Results

Tappit and CLEAR Announce Strategic Partnership to Help Shape a Secure Contactless Future

Kastle Systems and CLEAR Partner to Create New and Seamless Ways to Access Spaces Safely and Securely

State Of Hawaii And CLEAR Expand Safe Travels Health Pass Partnership to Cover All Vaccinated Travelers

CLEAR Secure, Inc. to Announce Second Quarter 2021 Financial Results on August 16, 2021

CLEAR Launches "Come Back Better" Initiative to Keep Our Communities Going

Revolution Growth Management Company, Inc. Buys Clear Secure Inc, Sells DraftKings Inc, BigCommerce Holdings Inc

Clear Secure Reports Quarterly Beat; Shares Up 16.8%

$YOU - Clear Secure: Secure Solutions, Perhaps A Secure Investment As Well. Clear Secure Secure Solutions Perhaps A Secure Investment As Well

Stifel Nicolaus Keeps a Buy Rating on Clear Secure (YOU)

$YOU - Clear Secure Is A Buy Based On Optionality Alone. Clear Secure You Stock Buy Based On Optionality Alone

Telsey Advisory Thinks Clear Secure�s Stock is Going to Recover

$YOU - Clear Secure: The Bears Are Watching 'YOU'. Clear Secure The Bears Are Watching You

$YOU - Clear Secure Seeks $376 Million IPO. Clear Secure Seeks 376 Million Ipo

Clear Secure (YOU) Receives a Hold from J.P. Morgan

Booking Holdings (BKNG) Expands Reach to Diners With CLEAR

$YOU - Checking In On Clear Secure. Clear Secure Checking In On You Stock

Analysts Are Bullish on Top Technology Stocks: Anaplan (PLAN), Uber Technologies (UBER)

$YOU - Clear Secure, Inc. (YOU) CEO Caryn Seidman-Becker on Q3 2021 Results - Earnings Call Transcript.…