Net margin is calculated as Net Income divided by its Revenue. Clear Secure's Net Income for the
three
months ended in Mar. 2026 was $38.8 Mil. Clear Secure's Revenue for the
three
months ended in Mar. 2026 was $253.0 Mil. Therefore, Clear Secure's net margin for the quarter that ended in Mar. 2026 was 15.33%.
The historical rank and industry rank for Clear Secure's Net Margin % or its related term are showing as below:
YOU'
s Net Margin % Range Over the Past 10 Years
Min: -28.2 Med: -4.03 Max: 22.02
Current: 13.01
YOU's Net Margin % is ranked better than 81.38% of 2825
companies
in the Software industry
Industry Median: 2.54
vs YOU: 13.01
Clear Secure (NYSE:YOU) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Clear Secure Net Margin % Related Terms
Clear Secure Net Margin % Historical Data
* Premium members only.
The historical data trend for Clear Secure's Net 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.
For the Software - Application subindustry, Clear Secure's Net Margin %, along with its competitors' market caps and Net 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 Net Margin % vs Software Industry
For the Software industry and Technology sector, Clear Secure's Net Margin % distribution charts can be found below:
* The bar in red indicates where Clear Secure's Net 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.
Clear Secure (YOU) has a Net Margin % of 15.33% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Clear Secure and its competitors. According to the industry distribution chart, Clear Secure ranks #526 out of 2825 companies in the Software industry, placing it in the top 18.6%.
Is Clear Secure's Net Margin % too high?
Clear Secure's current Net Margin % is 15.33%. The Software industry median Net Margin % is 2.54. Clear Secure's value of 15.33% is 503.5% above this industry median. Based on the distribution chart, Clear Secure ranks #526 out of 2825 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 Net Margin % compare to APPF and NAVN?
According to the Software industry distribution chart, Clear Secure ranks #526 out of 2825 companies for Net Margin %. This places Clear Secure in the top 19% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.54. Clear Secure's value of 15.33% is 503.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Software company?
The median Net Margin % among Software companies is 2.54, based on 2,825 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Clear Secure's current Net Margin % of 15.33% is 503.5% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Clear Secure and its competitors. For the Software industry, the median Net Margin % is 2.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clear Secure's current Net Margin % is 15.33%. 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 Net Margin % is 15.33% and 503.5% above the Software industry median of 2.54. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Clear Secure (YOU), the current Net Margin % is 15.33% 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:
Net Margin %: 15.33%
GF Value™: $36.02 vs. price of $52.95 (47% above fair value)
Industry Position: 503.5% above the Software median (#526 of 2825)
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.
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