YOU (Clear Secure) Pre-Tax Income: $280 Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

YOU Clear Secure Inc YOU
79 GF Score
Price $44.59
GF Value $37.16
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Clear Secure Pre-Tax Income?

Clear Secure YOU +1.27% 79 Pre-Tax Income is $280 Mil as of Jun. 2026. GuruFocus rates YOU with a GF Score™ of 79/100 and a GF Value™ of $37.16 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. Clear Secure's pretax income for the three months ended in Jun. 2026 was $91 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2026 was $280 Mil. Clear Secure's pretax margin was 32.89%.

During the past 7 years, Clear Secure's highest Pretax Margin was 27.97%. The lowest was -45.26%. And the median was -4.03%.


Clear Secure  (NYSE:YOU) Pre-Tax Income Explanation

Clear Secure's Pretax Margin for the quarter that ended in Jun. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=91.355/277.757
=32.89%

During the past 7 years, Clear Secure's highest Pretax Margin was 27.97%. The lowest was -45.26%. And the median was -4.03%.

* 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 Pre-Tax Income Related Terms


Clear Secure Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Clear Secure's Pre-Tax Income 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.

Clear Secure Pre-Tax Income Chart

Clear Secure Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
Get a 7-Day Free Trial -114.94 -117.50 50.61 66.63 206.07

Clear Secure Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 44.31 60.88 56.88 70.75 91.36

YOU vs CCC, WK, MNDY: Pre-Tax Income Comparison

For the Software - Application subindustry, Clear Secure's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income vs Software Industry

For the Software industry and Technology sector, Clear Secure's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Clear Secure's Pre-Tax Income falls into.


YOU
79GF Score
Clear Secure Inc YOU
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Clear Secure Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Clear Secure's Pretax Income for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=186.478+-4.791+0+24.383+-2.8421709430404E-14
=206

Clear Secure's Pretax Income for the quarter that ended in Jun. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=82.952+0.471+0+7.932+0
=91

Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $280 Mil.

* 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.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of $280 Mil mean?
Clear Secure (YOU) has a Pre-Tax Income of $280 Mil as of Jun. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Clear Secure and its competitors.
Is Clear Secure's Pre-Tax Income too high?
Clear Secure's current Pre-Tax Income is $280 Mil. Overall, Clear Secure has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Clear Secure's Pre-Tax Income compare to CCC and WK?
Clear Secure's Pre-Tax Income of $280 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for a Software company?
A good Pre-Tax Income depends on the Software industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Clear Secure and its competitors. Clear Secure's current Pre-Tax Income is $280 Mil. 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 Modestly Overvalued. The stock's GF Value™ is $37.16, compared to a current price of $44.59 — trading 20% above its estimated fair value. The current Pre-Tax Income is $280 Mil. Clear Secure's overall GF Score™ is 79/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Clear Secure (YOU), the current Pre-Tax Income is $280 Mil as of Jun. 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 $44.59 is trading 20% above its estimated GF Value™ of $37.16. GuruFocus considers Clear Secure to be Modestly Overvalued.

Key valuation signals for YOU:

  • Pre-Tax Income: $280 Mil
  • GF Value™: $37.16 vs. price of $44.59 (20% above fair value)
  • GF Score™: 79/100 with 2 warning signs

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 Business Description

Address 85 10th Avenue, 9th Floor, New York, NY, USA, 10011
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.
79GF Score

Get the complete analysis for YOU

Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$44.59
Price
$37.16
GF Value