Rapid7 vs Clear Secure
Clear Secure reported revenue of $901 million in fiscal 2025, about the same as Rapid7's $860 million in fiscal 2025. Rapid7's revenue grew 1.9% in its latest year, and Clear Secure's grew 16.9%. Rapid7 had an operating margin of 1.4%, against 20.7% at Clear Secure. Free cash flow was $146 million at Rapid7 and $343 million at Clear Secure.
Side by side
| Rapid7 | Clear Secure | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $860M | $901M |
| Revenue growth | 1.9% | 16.9% |
| Revenue growth a year, last 5 years | 15.9% | 31.3% |
| Gross margin | 70.3% | — |
| Operating margin | 1.4% | 20.7% |
| Net margin | 2.7% | 12.1% |
| Free cash flow | $146M | $343M |
| Free cash flow margin | 17.0% | 38.1% |
| Return on capital | 1.8% | — |
| Net debt to EBITDA | 7.3x | — |
| Dividends and buybacks | $0M | $174M |
| Change in diluted share count | 2.9% | — |
| Last close | $14.68 | $55.81 |
| P/E at the last close | 69.9× | — |
| Insider trades, last 12 months | bought $3.9 million, sold $42,341 | sold $110.4 million |
| Piotroski F-score | 6 of 9 | — |
Amounts in each company's own currency, US$ 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
Rapid7Clear Secure
Operating margin
Percent of revenue
Rapid7Clear Secure
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Rapid7Clear 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 Rapid7 and Clear Secure pages.