YOU (Clear Secure) Research & Development: $72.8 Mil (TTM As of Mar. 2026)


YOU Clear Secure Inc YOU
70 GF Score
Price $52.95
GF Value $36.02
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Clear Secure Research & Development?

Clear Secure YOU +0.42% 70 Research & Development is $72.8 Mil as of Mar. 2026. 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.

Research & Development is the aggregate amount of research and development expenses during the year. Clear Secure's Research & Development for the three months ended in Mar. 2026 was $19.5 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was $72.8 Mil.

Clear Secure  (NYSE:YOU) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Clear Secure Research & Development Related Terms

Clear Secure Research & Development Historical Data

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The historical data trend for Clear Secure's Research & Development 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 Research & Development Chart

Clear Secure Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial 47.49 66.80 74.44 73.35 72.38

Clear Secure Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development 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 19.00 18.23 18.00 17.16 19.45
YOU
70GF Score
Clear Secure Inc YOU
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Clear Secure Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $72.8 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 Research & Development →
What does a Research & Development of $72.8 Mil mean?
Clear Secure (YOU) has a Research & Development of $72.8 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Clear Secure and its competitors.
Is Clear Secure's Research & Development too high?
Clear Secure's current Research & Development is $72.8 Mil. 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 Research & Development compare to APPF and NAVN?
Clear Secure's Research & Development of $72.8 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 Research & Development for a Software company?
A good Research & Development depends on the Software industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Clear Secure and its competitors. Clear Secure's current Research & Development is $72.8 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 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 Research & Development is $72.8 Mil. 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 Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Clear Secure (YOU), the current Research & Development is $72.8 Mil 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:

  • Research & Development: $72.8 Mil
  • GF Value™: $36.02 vs. price of $52.95 (47% above fair value)
  • GF Score™: 70/100 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.
70GF Score

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Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$52.95
Price
$36.02
GF Value