Wheels Up Experience Inc. (UP)

NYSE: UP · Real-Time Price · USD

3.330

-0.130 (-3.76%)

Oct 19, 2026, 9:54 AM EDT - Market open

Wheels Up Experience Financials Overview

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

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	720.25	736.5	792.1	1,253	1,580	1,194
Revenue Growth	-5.96%	-7.02%	-36.80%	-20.66%	32.28%	71.84%
Gross Profit	96.77	105.49	80.2	21.57	39.44	76.63
Operating Income	-219	-228.38	-238.94	-323.78	-384.38	-204.55
Net Income	-302.81	-294.22	-339.64	-487.39	-555.16	-190.02
Earnings Per Share	-8.43	-8.33	-9.74	-73.74	-451.95	-185.58
EPS Growth	-	-	-	-	-	-

Revenue by Geography

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
United States	624.8	641.04	700.29	1,157	1,499	1,194
Other	-	95.45	91.82	96.2	80.31	-
Total	720.25	736.5	792.1	1,253	1,580	1,194

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Cash & Investments	86.31	133.93	216.43	263.91	585.88	784.57
Total Debt	732.15	473.36	472.82	336.9	365.94	115.08
Net Cash (Debt)	-645.85	-339.43	-256.39	-72.99	219.94	669.5
Net Cash Growth	-	-	-	-	-67.15%	2169.94%
Net Cash Per Share	-17.97	-9.62	-7.35	-11.04	179.05	653.87

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Operating Cash Flow	-246.75	-166.3	-77.89	-665.29	-230.69	126.49
Capital Expenditures	-190.14	-105.39	-125.22	-24.41	-123.66	-46.9
Free Cash Flow	-436.89	-271.68	-203.11	-689.69	-354.35	79.59
Free Cash Flow Growth	-	-	-	-	-	-60.70%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Gross Margin	13.44%	14.32%	10.13%	1.72%	2.50%	6.42%
Operating Margin	-30.40%	-31.01%	-30.17%	-25.83%	-24.33%	-17.13%
Pretax Margin	-41.65%	-39.47%	-42.72%	-38.78%	-35.16%	-16.51%
Profit Margin	-42.04%	-39.95%	-42.88%	-38.89%	-35.14%	-15.91%
FCF Margin	-60.66%	-36.89%	-25.64%	-55.03%	-22.43%	6.66%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 19, 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
P/FCF Ratio	-	-	-	-	-	14.33
PS Ratio	0.17	0.64	1.45	1.91	0.16	0.96