Quick Answer
Clear Secure, Inc. reported R&D Expense of $72.38 million for fiscal year 2025.
Clear Secure, Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $72.38M | -1.3% |
| 2024 | $73.35M | -1.5% |
| 2023 | $74.44M | +11.4% |
| 2022 | $66.80M | +40.7% |
| 2021 | $47.49M | +48.2% |
| 2020 | $32.04M | +51.0% |
| 2019 | $21.22M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $18.00M | +3.3% | -1.3% |
| June 30, 2025 | $18.23M | +4.7% | -4.1% |
| March 31, 2025 | $19.00M | -5.5% | +9.0% |
| September 30, 2024 | $17.42M | +47.8% | +0.1% |
| June 30, 2024 | $17.41M | -22.0% | -13.4% |
| March 31, 2024 | $20.10M | -8.4% | +70.5% |
| September 30, 2023 | $11.79M | -28.6% | -47.2% |
| June 30, 2023 | $22.31M | +55.7% | +1.7% |
- Clear Secure, Inc. showed a decrease of -1.3% in R&D Expense compared to the prior fiscal year.
- Over the 2019–2025 period, Clear Secure, Inc.’s r&d expense has grown by 241.1% (from $21.22 million to $72.38 million).
- The most recent figure is from Clear Secure, Inc.’s fiscal year 2025 report (Form 10-K), filed with the SEC on February 25, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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