Wheels Up Experience Inc. (UP)

NYSE: UP · Real-Time Price · USD

5.58

+0.21 (3.91%)

At close: May 14, 2026, 4:00 PM EDT

5.60

+0.02 (0.36%)

After-hours: May 14, 2026, 7:49 PM EDT

Wheels Up Experience Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	727.89	736.5	792.1	1,253	1,580	1,194
Revenue Growth (YoY)	-5.78%	-7.02%	-36.80%	-20.66%	32.28%	71.84%
Cost of Revenue	663.53	662.76	733.08	1,233	1,540	1,118
Gross Profit	64.36	73.74	59.03	20.81	39.44	76.63
Selling, General & Admin	203.99	233.94	221.91	234.7	300.64	193.4
Depreciation & Amortization Expenses	52.68	61.17	56.55	58.53	65.94	54.2
Research & Development	36.98	38.76	40.69	61.87	57.24	33.58
Other Operating Expenses	49.27	56.72	1.33	143.14	184.38	1.28
Total Operating Expenses	342.91	390.6	320.47	498.25	608.19	282.45
Operating Income	-180	-203.41	-258.79	-443.56	-560.01	-203.28
Interest Income	2.11	3.02	2.17	6.12	3.67	0.05
Interest Expense	-95.9	-90.47	-65.35	-41.26	-7.52	-9.52
Other Non-Operating Income (Expense)	1.11	0.15	-16.44	-7.31	8.48	15.57
Total Non-Operating Income (Expense)	-92.68	-87.3	-79.62	-42.45	4.63	6.11
Pretax Income	-273.93	-290.71	-338.41	-486	-555.38	-197.17
Provision for Income Taxes	3.93	3.5	1.23	1.38	0.17	0.06
Net Income	-277.86	-294.22	-339.64	-487.39	-555.16	-190.02
Minority Interest in Earnings	-	-	-	-	-0.39	-7.21
Net Income to Common	-277.86	-294.22	-339.64	-487.39	-555.16	-190.02
Shares Outstanding (Basic)	36	35	35	7	1	1
Shares Outstanding (Diluted)	36	35	35	7	1	1
Shares Change (YoY)	2.02%	1.19%	427.79%	438.10%	19.97%	26.01%
EPS (Basic)	-7.89	-8.40	-9.80	-73.80	-452.00	-185.60
EPS (Diluted)	-7.89	-8.40	-9.80	-73.80	-452.00	-185.60
Shares Outstanding	36.23	36.1	34.9	34.84	1.25	1.23
Free Cash Flow	-359.29	-259.92	-200.7	-685.45	-314.25	111.26
Free Cash Flow Growth	-	-	-	-	-	-45.07%
Free Cash Flow Per Share	-10.09	-7.36	-5.75	-103.70	-255.83	108.66
Gross Margin	8.84%	10.01%	7.45%	1.66%	2.50%	6.42%
Operating Margin	-24.73%	-27.62%	-32.67%	-35.39%	-35.45%	-17.02%
Profit Margin	-38.17%	-39.95%	-42.88%	-38.89%	-35.17%	-16.51%
FCF Margin	-49.36%	-35.29%	-25.34%	-54.69%	-19.89%	9.32%
EBITDA	-127.33	-142.24	-202.25	-385.02	-494.07	-149.08
EBITDA Margin	-17.49%	-19.31%	-25.53%	-30.72%	-31.28%	-12.48%
EBIT	-180	-203.41	-258.79	-443.56	-560.01	-203.28
EBIT Margin	-24.73%	-27.62%	-32.67%	-35.39%	-35.45%	-17.02%
Effective Tax Rate	-1.44%	-1.20%	-0.36%	-0.28%	-0.03%	-0.03%

Updated May 11, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q