Wheels Up Experience Inc. (UP)

UP Balance Sheet

Assets, liabilities, and equity analysis

UP Quarterly Balance Sheet (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Total Current Assets	164.790M	164.790M	249.357M	248.276M	233.671M	298.807M	332.069M	271.310M	288.806M
Cash & Cash Equivalents	54.126M	54.126M	133.926M	125.327M	107.000M	171.845M	216.426M	115.909M	141.493M
Short-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	54.126M	54.126M	133.926M	125.327M	107.000M	171.845M	216.426M	115.909M	141.493M
Accounts Receivable	32.315M	32.315M	25.742M	32.389M	38.705M	41.797M	33.498M	32.029M	34.005M
Inventory	2.210M	2.210M	11.586M	9.144M	12.162M	12.723M	12.177M	22.539M	21.242M
Total Assets	916.242M	916.242M	968.814M	973.003M	1.006B	1.091B	1.158B	1.043B	1.086B
Property, Plant & Equipment	371.548M	371.548M	331.615M	333.415M	350.075M	368.574M	405.250M	321.122M	347.454M
Goodwill	208.665M	208.665M	209.897M	209.930M	224.419M	219.476M	217.045M	222.482M	217.656M
Intangible Assets	70.097M	70.097M	75.102M	80.063M	87.367M	92.056M	96.904M	102.663M	107.269M
Long-Term Investments	34.605M	34.605M	0.00	0.00	0.00	35.218M	0.00	0.00	0.00
Total Current Liabilities	854.363M	854.363M	907.556M	887.521M	902.180M	925.404M	917.284M	888.409M	874.106M
Accounts Payable	22.857M	22.857M	20.443M	30.858M	35.362M	37.872M	29.977M	34.997M	41.934M
Short-Term Debt	21.742M	21.742M	35.930M	30.342M	31.542M	31.658M	31.748M	30.048M	21.152M
Total Liabilities	1.382B	1.382B	1.361B	1.348B	1.353B	1.371B	1.354B	1.157B	1.157B
Long-Term Debt	116.372M	116.372M	316.358M	393.571M	391.335M	382.765M	376.308M	209.586M	218.612M
Total Debt	138.114M	138.114M	473.355M	470.842M	473.651M	467.499M	472.819M	287.450M	289.651M
Net Debt (Cash)	83.988M	83.988M	339.429M	345.515M	366.651M	295.654M	256.393M	171.541M	148.158M
Total Shareholders' Equity	-465.690M	-465.690M	-392.101M	-374.545M	-347.751M	-279.883M	-196.228M	-114.179M	-71.059M
Common Stock	72K	72K	72K	72K	70K	70K	70K	70K	70K
Retained Earnings	-2.480B	-2.480B	-2.397B	-2.368B	-2.285B	-2.202B	-2.103B	-2.015B	-1.958B
Current Ratio	0.19	0.19	0.27	0.28	0.26	0.32	0.36	0.31	0.33
Debt to Equity Ratio	-0.30	-0.30	-1.21	-1.26	-1.36	-1.67	-2.41	-2.52	-4.08

UP Annual Balance Sheet (USD)

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
Total Current Assets	249.357M	332.069M	434.034M	819.619M	933.074M	395.522M	128.428M	—
Cash & Cash Equivalents	133.926M	216.426M	263.909M	585.881M	784.574M	312.799M	84.046M	—
Short-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
Cash & Short-Term Investments	133.926M	216.426M	263.909M	585.881M	784.574M	312.799M	84.046M	—
Accounts Receivable	25.742M	33.498M	49.765M	117.907M	87.464M	58.602M	20.006M	—
Inventory	11.586M	12.177M	22.262M	53.826M	9.410M	5.320M	918K	0.00
Total Assets	968.814M	1.158B	1.316B	1.971B	1.981B	1.360B	527.635M	—
Property, Plant & Equipment	331.615M	405.250M	406.624M	501.294M	426.418M	387.569M	356.162M	—
Goodwill	209.897M	217.045M	218.208M	396.118M	437.398M	400.160M	3.732M	—
Intangible Assets	75.102M	96.904M	117.766M	141.765M	146.959M	163.710M	20.135M	—
Long-Term Investments	0.00	30.042M	0.00	34.272M	0.00	0.00	0.00	—
Total Current Liabilities	907.556M	917.284M	907.502M	1.344B	1.135B	839.913M	383.723M	—
Accounts Payable	20.443M	29.977M	32.973M	43.166M	43.672M	20.920M	27.907M	—
Short-Term Debt	35.930M	31.748M	23.998M	27.006M	0.00	62.678M	49.202M	—
Total Liabilities	1.361B	1.354B	1.216B	1.671B	1.245B	1.066B	583.889M	—
Long-Term Debt	316.358M	376.308M	235.074M	226.234M	0.00	148.411M	195.171M	—
Total Debt	473.355M	472.819M	336.897M	365.940M	115.078M	283.305M	256.455M	—
Net Debt (Cash)	339.429M	256.393M	72.988M	-219.941M	-669.496M	-29.494M	172.409M	—
Total Shareholders' Equity	-392.101M	-196.228M	99.873M	299.920M	730.151M	267.802M	-56.254M	—
Common Stock	72K	70K	70K	25K	25K	17K	3.822M	—
Retained Earnings	-2.397B	-2.103B	-1.763B	-1.228B	-720.713M	-530.693M	-122.290M	—
Current Ratio	0.27	0.36	0.48	0.61	0.82	0.47	0.33	—
Debt to Equity Ratio	-1.21	-2.41	3.37	1.22	0.16	1.06	-4.56	—

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

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

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, NY

1,807 employees

www.wheelsup.com

Industrials / Airlines, Airports & Air Services

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

View full financials