Wheels Up Experience Inc. (UP)
NYSE: UP · Real-Time Price · USD
4.890
-0.070 (-1.41%)
At close: Aug 28, 2026, 4:00 PM EDT
4.875
-0.015 (-0.31%)
After-hours: Aug 28, 2026, 7:30 PM EDT
Wheels Up Experience Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
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 |
Cash & Equivalents | 86.31 | 133.93 | 216.43 | 263.91 | 585.88 | 784.57 |
Cash & Short-Term Investments | 86.31 | 133.93 | 216.43 | 263.91 | 585.88 | 784.57 |
Cash Growth | -19.34% | -38.12% | -17.99% | -54.95% | -25.32% | 150.82% |
Accounts Receivable | 28.16 | 24.25 | 32.32 | 38.24 | 112.38 | 79.4 |
Other Receivables | - | 1.49 | 1.18 | 11.53 | 5.52 | 8.06 |
Receivables | 28.16 | 25.74 | 33.5 | 49.77 | 117.91 | 87.46 |
Inventory | 1.95 | 11.59 | 12.18 | 22.26 | 53.83 | 9.41 |
Prepaid Expenses | 20.57 | 27.09 | 23.55 | 55.72 | 39.72 | 21.79 |
Other Current Assets | 84.93 | 51.01 | 46.42 | 42.38 | 22.29 | 29.84 |
Total Current Assets | 221.93 | 249.36 | 332.07 | 434.03 | 819.62 | 933.07 |
Property, Plant & Equipment | 328.19 | 331.62 | 405.25 | 406.62 | 501.29 | 426.42 |
Goodwill | 208.79 | 209.9 | 217.05 | 218.21 | 348.12 | 437.4 |
Other Intangible Assets | 65.15 | 75.1 | 96.9 | 117.77 | 141.77 | 146.96 |
Long-Term Deferred Tax Assets | - | - | - | 1.35 | - | - |
Long-Term Deferred Charges | - | 0.1 | 0.3 | 0.4 | 1.3 | 1.4 |
Other Long-Term Assets | 102.51 | 102.74 | 106.44 | 137.68 | 111.13 | 35.82 |
Total Assets | 926.57 | 968.81 | 1,158 | 1,316 | 1,923 | 1,981 |
Liabilities
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 |
Accounts Payable | 26.59 | 20.44 | 29.98 | 32.97 | 43.17 | 43.67 |
Accrued Expenses | 81.79 | 104.01 | 89.48 | 102.48 | 148.95 | 107.15 |
Current Portion of Long-Term Debt | 21.07 | 19.04 | 31.75 | 24 | 27.01 | - |
Current Portion of Leases | 17.74 | 16.89 | 13.95 | 22.87 | 29.95 | 31.62 |
Current Unearned Revenue | 626.89 | 738.85 | 749.43 | 723.25 | 1,075 | 933.53 |
Other Current Liabilities | 11.18 | 8.32 | 2.69 | 1.94 | 20.02 | 19.07 |
Total Current Liabilities | 785.26 | 907.56 | 917.28 | 907.5 | 1,344 | 1,135 |
Long-Term Debt | 581.18 | 316.36 | 376.31 | 235.07 | 226.23 | - |
Long-Term Leases | 112.16 | 121.07 | 50.81 | 54.96 | 82.76 | 83.46 |
Long-Term Unearned Revenue | - | - | 0.18 | 0.98 | 1.74 | 1.96 |
Other Long-Term Liabilities | 8.27 | 15.93 | 15.54 | 20.15 | 16.35 | 24.38 |
Total Liabilities | 1,487 | 1,361 | 1,360 | 1,219 | 1,671 | 1,245 |
Shareholders' Equity
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 |
Common Stock | 0 | 0.07 | 0.07 | 0.07 | 0 | 0.03 |
Additional Paid-In Capital | 2,044 | 2,020 | 1,922 | 1,879 | 1,546 | 1,451 |
Retained Earnings | -2,587 | -2,397 | -2,103 | -1,763 | -1,276 | -720.71 |
Treasury Stock | -10.08 | -9.84 | -8.2 | -7.72 | -7.69 | - |
Comprehensive Income & Other | -7.31 | -5.63 | -12.66 | -10.7 | -10.05 | - |
Total Common Equity | -560.3 | -392.1 | -202.11 | 97.4 | 251.92 | 730.15 |
Minority Interest | - | - | - | - | - | 6.08 |
Shareholders' Equity | -560.3 | -392.1 | -202.11 | 97.4 | 251.92 | 736.23 |
Total Liabilities & Equity | 926.57 | 968.81 | 1,158 | 1,316 | 1,923 | 1,981 |
Additional Metrics
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 |
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 |
Filing Date Shares Outstanding | 36.28 | 36.22 | 34.94 | 34.87 | 1.26 | 1.22 |
Total Common Shares Outstanding | 36.27 | 36.1 | 34.9 | 34.84 | 1.25 | 1.23 |
Working Capital | -563.33 | -658.2 | -585.22 | -473.47 | -524.6 | -201.96 |
Book Value Per Share | -15.45 | -10.86 | -5.79 | 2.80 | 202.07 | 594.02 |
Tangible Book Value | -834.24 | -677.1 | -516.06 | -238.58 | -237.96 | 145.79 |
Tangible Book Value Per Share | -23.00 | -18.76 | -14.79 | -6.85 | -190.88 | 118.61 |
Buildings | 1.41 | 1.41 | 1.42 | 1.42 | 1.42 | 1.42 |
Machinery | 206.44 | 282.16 | 454.97 | 489.26 | 577.93 | 491.23 |
Leasehold Improvements | 15.02 | 13.87 | 22.88 | 22.9 | 11.93 | 12.58 |