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Clear Secure Inc
Gross Profit
Clear Secure Inc
Gross Profit Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Gross Profit | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Clear Secure Inc
NYSE:YOU
|
Gross Profit
$628.8m
|
CAGR 3-Years
48%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
||
Salesforce Inc
NYSE:CRM
|
Gross Profit
$28.6B
|
CAGR 3-Years
16%
|
CAGR 5-Years
19%
|
CAGR 10-Years
22%
|
||
Palantir Technologies Inc
NYSE:PLTR
|
Gross Profit
$1.8B
|
CAGR 3-Years
34%
|
CAGR 5-Years
33%
|
CAGR 10-Years
N/A
|
||
Applovin Corp
NASDAQ:APP
|
Gross Profit
$2.2B
|
CAGR 3-Years
35%
|
CAGR 5-Years
39%
|
CAGR 10-Years
N/A
|
||
Intuit Inc
NASDAQ:INTU
|
Gross Profit
$13.1B
|
CAGR 3-Years
16%
|
CAGR 5-Years
18%
|
CAGR 10-Years
14%
|
||
Adobe Inc
NASDAQ:ADBE
|
Gross Profit
$19.1B
|
CAGR 3-Years
11%
|
CAGR 5-Years
15%
|
CAGR 10-Years
18%
|
Clear Secure Inc
Glance View
In the bustling and often fraught environment of modern air travel, Clear Secure Inc. has emerged as a beacon of efficiency and convenience. Founded in 2010, the company has swiftly positioned itself as a vital cog in the machinery of transporting millions worldwide with greater ease and security. Central to its offering is the use of biometric technology to expedite the identification process, reducing the time travelers spend in security lines. This innovation allows members to bypass traditional screening queues by scanning their unique biometric data, such as fingerprints or irises, facilitating a seamless transition through airport checkpoints. Instead of being just another tech firm, Clear has woven itself into the infrastructure of airports across the United States, striking partnerships with an array of airlines and airport authorities to expand its reach. Clear Secure Inc. operates on a subscription-based model, drawing in revenue by offering annual memberships to frequent travelers. Members pay a fee for the privilege of speedier passage through airport security and have increasingly seen the value in Clear's proposition. The company's business model thrives on the growing consumer demand for convenience and time savings in all facets of travel. Furthermore, beyond merely aviation, Clear has diversified its applications to include enrollment in sports arenas and event spaces, leveraging its cutting-edge technology to streamline entry processes there as well. By continually expanding its services and improving its technological capabilities, Clear Secure Inc. has crafted a robust and recurring revenue stream, cementing its role as a powerhouse in identity assurance and access facilitation.
See Also
What is Clear Secure Inc's Gross Profit?
Gross Profit
628.8m
USD
Based on the financial report for Sep 30, 2024, Clear Secure Inc's Gross Profit amounts to 628.8m USD.
What is Clear Secure Inc's Gross Profit growth rate?
Gross Profit CAGR 3Y
48%
Over the last year, the Gross Profit growth was 28%. The average annual Gross Profit growth rates for Clear Secure Inc have been 48% over the past three years .