Asana vs Clear Secure
Clear Secure reported revenue of $901 million in fiscal 2025, about the same as Asana's $791 million in fiscal 2026. Asana's revenue grew 9.2% in its latest year, and Clear Secure's grew 16.9%. Asana had an operating margin of -24.9%, against 20.7% at Clear Secure. Free cash flow was $87 million at Asana and $343 million at Clear Secure. Their fiscal years end in different months (January 31 and December 31), so the periods don't line up exactly.
Side by side
| Asana | Clear Secure | |
|---|---|---|
| Latest fiscal year | FY2026, Jan 31, 2026 | FY2025, Dec 31, 2025 |
| Revenue | $791M | $901M |
| Revenue growth | 9.2% | 16.9% |
| Revenue growth a year, last 5 years | 28.4% | 31.3% |
| Gross margin | 89.0% | — |
| Operating margin | −24.9% | 20.7% |
| Net margin | −23.9% | 12.1% |
| Free cash flow | $87M | $343M |
| Free cash flow margin | 10.9% | 38.1% |
| Return on capital | — | — |
| Net debt to EBITDA | — | — |
| Dividends and buybacks | $132M | $174M |
| Change in diluted share count | 3.2% | — |
| Last close | $12.01 | $46.07 |
| P/E at the last close | — | — |
| Insider trades, last 12 months | sold $26.4 million | sold $99.7 million |
| Piotroski F-score | — | — |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
AsanaClear Secure
Operating margin
Percent of revenue
AsanaClear Secure
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
AsanaClear Secure
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Asana and Clear Secure pages.