Clear Secure Inc (YOU)

Net profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	169,676	28,108	-115,436	-115,171	-9,310
Revenue	US$ in thousands	770,488	613,579	437,434	253,953	230,796
Net profit margin		22.02%	4.58%	-26.39%	-45.35%	-4.03%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $169,676K ÷ $770,488K
= 22.02%

Clear Secure Inc's net profit margin has shown significant fluctuation over the past five years. In December 2020, the company incurred a net loss with a negative net profit margin of -4.03%. This negative trend deteriorated in December 2021, with a substantial decline to -45.35%, indicating a significant decrease in profitability.

However, there was a slight improvement in the net profit margin by December 2022, although it remained negative at -26.39%. The company's financial performance took a positive turn in December 2023, with a notable increase in the net profit margin to 4.58%, reflecting a return to profitability.

The most recent financial data for December 2024 demonstrates a substantial improvement in Clear Secure Inc's profitability, with a net profit margin of 22.02%. This significant positive shift indicates that the company has enhanced its operational efficiency and profitability compared to the previous years.

Overall, the varying net profit margins over the five-year period highlight Clear Secure Inc's challenges in maintaining consistent profitability, but the recent significant improvement suggests successful efforts to enhance financial performance and profitability.