Wheels Up Experience (UP) Financials: History & Chart

Wheels Up Experience Inc.(UP)

Airlines, Airports & Air Services · Chamblee, GA

$3.58+0.04 (+1.13%)

Delayed quote: Sep 18, 2026, 4:00 PM EDT

About Wheels Up Experience Inc.

Wheels Up Experience Inc. is a prominent provider of private air travel solutions, primarily serving clients across the United States. Its comprehensive offerings encompass flexible, multi-level membership plans, personalized on-demand flights spanning diverse private jet categories, and expert aircraft management. Wheels Up also facilitates retail and wholesale charter services, assists with the purchase and sale of entire aircraft, delivers tailored corporate flight solutions, undertakes special missions, curates exclusive events and bespoke experiences, and provides commercial travel options. The company commands a substantial fleet of roughly 1,500 airplanes. Established in 2013, its operational base is located in New York, New York.

Chamblee, GA

1,249 employees

www.wheelsup.com

Industrials / Airlines, Airports & Air Services

Sector: Industrials
Industry: Airlines, Airports & Air Services
CEO: George Nathaniel Mattson

View full financials

Financials

SEC Filings

Quarterly Income Statement (USD)

Swipe horizontally to review earlier periods. The line-item column stays pinned.

Quarterly Report	TTM	Quarter ended Jun 2026	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024
Revenue	720.25M	182.00M	168.92M	183.84M	185.49M	189.64M	177.53M	204.81M	193.90M
Cost of Goods Sold	698.56M	160.31M	170.90M	194.47M	172.88M	173.96M	178.63M	189.34M	166.86M
Gross Profit	21.69M	21.68M	-1.97M	-10.63M	12.61M	15.68M	-1.10M	15.47M	27.04M
Gross Profit Margin	3.0%	11.9%	-1.2%	-5.8%	6.8%	8.3%	-0.6%	7.6%	13.9%
Total Operating Expenses	267.44M	96.27M	57.28M	39.95M	73.94M	75.28M	79.66M	70.56M	68.97M
Research & Development	36.46M	8.84M	8.74M	8.71M	10.17M	9.36M	10.52M	9.49M	9.59M
Selling, General & Administrative	207.78M	58.41M	49.02M	46.28M	54.07M	54.62M	78.98M	59.72M	47.09M
Operating Income (EBIT)	-245.75M	-74.58M	-59.25M	-50.58M	-61.34M	-59.60M	-80.77M	-55.09M	-41.93M
Operating Margin	-34.1%	-41.0%	-35.1%	-27.5%	-33.1%	-31.4%	-45.5%	-26.9%	-21.6%
Income Before Tax (EBT)	-299.93M	-107.34M	-82.45M	-27.74M	-82.40M	-81.34M	-99.23M	-87.04M	-57.33M
Interest Income	1.84M	566K	242K	405K	631K	836K	1.15M	922K	907K
Interest Expense	106.76M	32.95M	25.31M	25.00M	23.51M	22.08M	19.88M	18.09M	16.04M
Other Income/Expense	-54.17M	-32.76M	-23.20M	22.84M	-21.06M	-21.74M	-18.47M	-31.96M	-15.39M
Net Income	-302.81M	-107.25M	-82.96M	-28.88M	-83.73M	-82.30M	-99.31M	-87.54M	-57.73M
Income Tax Expense	3.09M	119K	509K	1.13M	1.33M	959K	78K	494K	405K
Net Profit Margin	-42.0%	-58.9%	-49.1%	-15.7%	-45.1%	-43.4%	-55.9%	-42.7%	-29.8%
EBITDA	-194.45M	-62.46M	-47.54M	-48.04M	-36.41M	-46.11M	-60.56M	-42.01M	-29.45M
EBITDA Margin	-27.0%	-34.3%	-28.1%	-26.1%	-19.6%	-24.3%	-34.1%	-20.5%	-15.2%
Depreciation & Amortization	51.30M	12.12M	11.71M	2.54M	24.93M	13.49M	20.21M	13.07M	12.48M
EPS Basic	-8.46	-2.97	-2.29	-0.80	-2.40	-2.40	-2.80	-2.60	-1.65
EPS Diluted	-8.46	-2.97	-2.29	-0.80	-2.40	-2.40	-2.80	-2.60	-1.65
Weighted Average Basic Shares	36.20M	36.20M	36.15M	36.09M	34.95M	34.95M	34.91M	34.89M	34.89M
Weighted Average Diluted Shares	36.20M	36.20M	36.15M	36.09M	34.95M	34.95M	34.91M	34.89M	34.89M

Annual Income Statement (USD)

Swipe horizontally to review earlier years. The line-item column stays pinned.

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	736.50M	792.10M	1.25B	1.58B	1.19B	694.98M	384.91M	332.14M
Cost of Goods Sold	719.94M	733.08M	1.29B	1.61B	1.17B	634.77M	380.02M	276.43M
Gross Profit	16.55M	59.03M	-37.72M	-26.50M	22.43M	60.21M	4.89M	55.71M
Gross Profit Margin	2.2%	7.5%	-3.0%	-1.7%	1.9%	8.7%	1.3%	16.8%
Total Operating Expenses	268.84M	317.82M	405.83M	533.51M	225.71M	123.17M	83.02M	108.19M
Research & Development	38.76M	40.69M	61.87M	57.24M	33.58M	21.01M	13.96M	10.20M
Selling, General & Administrative	233.94M	221.91M	234.70M	300.64M	193.40M	120.01M	69.05M	64.28M
Operating Income (EBIT)	-252.29M	-258.79M	-443.56M	-560.01M	-203.28M	-62.97M	-78.13M	-52.00M
Operating Margin	-34.3%	-32.7%	-35.4%	-35.4%	-17.0%	-9.1%	-20.3%	-15.7%
Income Before Tax (EBT)	-290.71M	-338.41M	-486.00M	-555.38M	-197.17M	-85.41M	-106.87M	-83.24M
Interest Income	3.02M	2.17M	6.12M	3.67M	53K	550K	615K	30.76M
Interest Expense	90.47M	65.35M	41.26M	7.51M	9.52M	22.99M	29.36M	N/A
Other Income/Expense	-38.43M	-79.62M	-42.45M	4.63M	6.11M	-22.44M	-28.75M	-30.76M
Net Income	-294.22M	-339.63M	-487.39M	-555.16M	-190.02M	-78.64M	-96.27M	-83.24M
Income Tax Expense	3.50M	1.23M	1.38M	170K	58K	0.00	0.00	0.00
Net Profit Margin	-39.9%	-42.9%	-38.9%	-35.1%	-15.9%	-11.3%	-25.0%	-25.1%
EBITDA	-191.12M	-202.25M	-385.02M	-494.07M	-149.08M	-4.44M	-38.78M	-18.77M
EBITDA Margin	-25.9%	-25.5%	-30.7%	-31.3%	-12.5%	-0.6%	-10.1%	-5.7%
Depreciation & Amortization	61.17M	56.55M	58.53M	65.94M	54.20M	58.53M	39.35M	33.23M
EPS Basic	-8.40	-9.80	-31.60	-452.00	-185.60	-96.80	-186.00	-160.80
EPS Diluted	-8.40	-9.80	-31.60	-452.00	-185.60	-96.80	-185.40	-160.40
Weighted Average Basic Shares	35.30M	34.89M	15.44M	12.28M	10.24M	8.13M	5.18M	5.18M
Weighted Average Diluted Shares	35.30M	34.89M	15.44M	12.28M	10.24M	8.13M	5.19M	5.19M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.