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Clear Secure, Inc. keeps 25% of every revenue dollar as operating profit, against 8.2% for the median Software - Application name.
25%
Operating margin · Software - Application median 8.2% · 12 months to Q2 2026
- Cash conversion
- 3.44×
Cash conversion · 1.73× a year ago · every dollar of reported profit arrived as cash, and more
- R&D as % of revenue
- 7.2%
R&D as % of revenue
| Year | Operating margin |
|---|---|
| FY2020 | −8.2% |
| FY2021 | −45% |
| FY2022 | −30% |
| FY2023 | 3.3% |
| FY2024 | 16% |
| FY2025 | 21% |
Details›
- Operating margin12 months to Q2 2026
- 25%
- Net margin12 months to Q2 2026
- 15%
- Free cash flow margin
- 51%
- R&D as % of revenue
- 7.2%
- Revenue, trailing twelve months
- $1.00B
- Free cash flow, trailing twelve months
- $508M
- Net income, trailing twelve months
- $148M
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Software - Application
Ranks #26 of 90 by Smart Score