Wheels Up Experience Inc. (UP)

NYSE: UP · Real-Time Price · USD

0.4836

-0.0329 (-6.37%)

At close: Apr 1, 2026, 4:00 PM EDT

0.4630

-0.0206 (-4.26%)

Pre-market: Apr 2, 2026, 4:00 AM EDT

Wheels Up Experience Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	736.5	792.1	1,253	1,580	1,194
Revenue Growth (YoY)	-7.02%	-36.80%	-20.66%	32.28%	71.84%
Cost of Revenue	662.76	733.08	1,233	1,540	1,118
Gross Profit	73.74	59.03	20.81	39.44	76.63
Selling, General & Admin	233.94	221.91	234.7	300.64	193.4
Depreciation & Amortization Expenses	61.17	56.55	58.53	65.94	54.2
Research & Development	38.76	40.69	61.87	57.24	33.58
Other Operating Expenses	56.72	1.33	143.14	184.38	1.28
Total Operating Expenses	390.6	320.47	498.25	608.19	282.45
Operating Income	-203.41	-258.79	-443.56	-560.01	-203.28
Interest Income	3.02	2.17	6.12	3.67	0.05
Interest Expense	-90.47	-65.35	-41.26	-7.52	-9.52
Other Non-Operating Income (Expense)	0.15	-16.44	-7.31	8.48	15.57
Total Non-Operating Income (Expense)	-87.3	-79.62	-42.45	4.63	6.11
Pretax Income	-290.71	-338.41	-486	-555.38	-197.17
Provision for Income Taxes	3.5	1.23	1.38	0.17	0.06
Net Income	-294.22	-339.64	-487.39	-555.16	-190.02
Minority Interest in Earnings	-	-	-	-0.39	-7.21
Net Income to Common	-294.22	-339.64	-487.39	-555.16	-190.02
Shares Outstanding (Basic)	706	698	132	25	20
Shares Outstanding (Diluted)	706	698	132	25	20
Shares Change (YoY)	1.19%	427.79%	438.10%	19.97%	26.02%
EPS (Basic)	-0.42	-0.49	-3.69	-22.60	-9.28
EPS (Diluted)	-0.42	-0.49	-3.69	-22.60	-9.28
Shares Outstanding	722.02	697.9	696.86	24.93	24.58
Free Cash Flow	-259.92	-200.7	-685.45	-314.25	111.26
Free Cash Flow Growth	-	-	-	-	-45.07%
Free Cash Flow Per Share	-0.37	-0.29	-5.19	-12.79	5.43
Gross Margin	10.01%	7.45%	1.66%	2.50%	6.42%
Operating Margin	-27.62%	-32.67%	-35.39%	-35.45%	-17.02%
Profit Margin	-39.95%	-42.88%	-38.89%	-35.17%	-16.51%
FCF Margin	-35.29%	-25.34%	-54.69%	-19.89%	9.32%
EBITDA	-142.24	-202.25	-385.02	-494.07	-149.08
EBITDA Margin	-19.31%	-25.53%	-30.72%	-31.28%	-12.48%
EBIT	-203.41	-258.79	-443.56	-560.01	-203.28
EBIT Margin	-27.62%	-32.67%	-35.39%	-35.45%	-17.02%
Effective Tax Rate	-1.20%	-0.36%	-0.28%	-0.03%	-0.03%

Updated Feb 19, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q