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 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 | 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 |
| 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% |
Cost of Revenue | 623.48 | 631 | 711.9 | 1,232 | 1,540 | 1,118 |
Gross Profit | 96.77 | 105.49 | 80.2 | 21.57 | 39.44 | 76.63 |
Selling, General & Admin | 228 | 233.94 | 221.91 | 227.24 | 300.64 | 193.4 |
Research & Development | 36.46 | 38.76 | 40.69 | 59.57 | 57.24 | 33.58 |
Operating Expenses | 315.77 | 333.88 | 319.15 | 345.34 | 423.82 | 281.18 |
Operating Income | -219 | -228.38 | -238.94 | -323.78 | -384.38 | -204.55 |
Interest Expense | -106.76 | -90.47 | -65.35 | -41.26 | -7.52 | -9.52 |
Interest & Investment Income | 1.84 | 3.02 | 2.17 | 6.12 | 3.67 | 0.05 |
Other Non Operating Income (Expenses) | -1.32 | -1.41 | -0.73 | 0.08 | 8.48 | 17.95 |
EBT Excluding Unusual Items | -325.23 | -317.25 | -302.85 | -358.83 | -379.75 | -196.07 |
Merger & Restructuring Charges | -26.41 | -31.75 | -19.31 | -10.52 | - | - |
Impairment of Goodwill | - | - | - | -126.2 | -180 | - |
Gain (Loss) on Sale of Assets | 44.3 | 58.4 | 3.33 | 13.95 | 4.38 | 1.28 |
Other Unusual Items | -0.1 | -0.12 | -19.57 | -4.4 | - | -2.38 |
Pretax Income | -299.96 | -290.71 | -338.41 | -486 | -555.38 | -197.17 |
Income Tax Expense | 2.86 | 3.5 | 1.23 | 1.38 | 0.17 | 0.06 |
Earnings From Continuing Operations | -302.81 | -294.22 | -339.64 | -487.39 | -555.55 | -197.23 |
Minority Interest in Earnings | - | - | - | - | 0.39 | 7.21 |
Net Income | -302.81 | -294.22 | -339.64 | -487.39 | -555.16 | -190.02 |
Net Income to Common | -302.81 | -294.22 | -339.64 | -487.39 | -555.16 | -190.02 |
Net Income Growth | - | - | - | - | - | - |
Shares Outstanding (Basic) | 36 | 35 | 35 | 7 | 1 | 1 |
Shares Outstanding (Diluted) | 36 | 35 | 35 | 7 | 1 | 1 |
Shares Change | 2.91% | 1.19% | 427.79% | 438.10% | 19.97% | 26.02% |
EPS (Basic) | -8.43 | -8.33 | -9.74 | -73.74 | -451.95 | -185.58 |
EPS (Diluted) | -8.43 | -8.33 | -9.74 | -73.74 | -451.95 | -185.58 |
EPS Growth | - | - | - | - | - | - |
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 |
Free Cash Flow | -436.89 | -271.68 | -203.11 | -689.69 | -354.35 | 79.59 |
Free Cash Flow Per Share | -12.16 | -7.70 | -5.82 | -104.34 | -288.48 | 77.73 |
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% |
Profit Margin | -42.04% | -39.95% | -42.88% | -38.89% | -35.14% | -15.91% |
Free Cash Flow Margin | -60.66% | -36.89% | -25.64% | -55.03% | -22.43% | 6.66% |
EBITDA | -183.39 | -186.81 | -200.9 | -280.34 | -333.05 | -157.16 |
EBITDA Margin | -25.46% | -25.36% | -25.36% | -22.37% | -21.08% | -13.16% |
D&A For EBITDA | 35.61 | 41.57 | 38.05 | 43.43 | 51.34 | 47.4 |
EBIT | -219 | -228.38 | -238.94 | -323.78 | -384.38 | -204.55 |
EBIT Margin | -30.40% | -31.01% | -30.17% | -25.83% | -24.33% | -17.13% |
Advertising Expenses | - | 9.6 | 10.6 | 8 | 10.5 | 12.3 |