Wheels Up Experience Inc. (UP)

UP Cash Flow Statement

Operating, investing, and financing cash flow analysis

UP Quarterly Cash Flow Statement (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
Cash from Operations (CFO)	-216.298M	-99.631M	-16.665M	-37.122M	-62.880M	-47.924M	37.926M	-15.031M	-26.517M
Net Income	-277.862M	-82.958M	-28.875M	-83.730M	-82.299M	-99.313M	-87.538M	-57.731M	-96.973M
Depreciation & Amortization	52.675M	11.714M	2.545M	24.926M	13.490M	20.210M	13.074M	12.484M	15.593M
Stock-Based Compensation	44.157M	11.388M	11.975M	12.499M	8.295M	12.661M	12.613M	7.885M	14.268M
Change in Accounts Receivable	127.658M	32.315M	24.249M	32.389M	38.705M	41.797M	32.316M	32.029M	34.005M
Change in Inventory	—	—	—	—	—	—	—	—	—
Change in Accounts Payable	—	—	—	—	—	—	—	—	—
Change in Working Capital	-60.288M	-65.022M	13.274M	4.732M	-13.272M	-10.117M	54.266M	-15.815M	26.466M
Cash from Investing	—	—	—	—	—	—	—	—	—
Capital Expenditures (CapEx)	-146.415M	-62.361M	-41.767M	-26.526M	-15.761M	-21.842M	-111.759M	-8.710M	-9.814M
Acquisitions	256.765M	25.633M	187.351M	20.689M	23.092M	33.005M	1.091M	-43.554M	14.163M
Cash from Financing	—	—	—	—	—	—	—	—	—
Debt Repayment	—	—	—	—	—	—	—	—	—
Stock Repurchased (Buybacks)	-1.719M	-201K	-534K	-895K	-90K	-109K	1K	-82K	-66K
Dividends Paid	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Free Cash Flow (FCF)	-362.712M	-161.992M	-58.431M	-63.648M	-78.641M	-69.766M	-73.833M	-23.741M	-36.331M
Net Change in Cash	-118.458M	-75.772M	8.599M	14.536M	-65.821M	-39.405M	97.634M	-24.730M	-39.364M

UP Annual Cash Flow Statement (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
Cash from Operations (CFO)	-166.295M	-77.888M	-665.285M	-230.689M	126.490M	209.644M	-24.879M	-3.302M
Net Income	-294.217M	-339.635M	-487.387M	-555.160M	-190.020M	-78.641M	-96.274M	-83.237M
Depreciation & Amortization	61.171M	56.546M	58.533M	65.936M	54.198M	58.529M	39.352M	33.226M
Stock-Based Compensation	45.430M	45.977M	25.633M	88.979M	49.673M	3.342M	1.882M	2.289M
Change in Accounts Receivable	24.249M	32.316M	38.237M	112.383M	79.403M	50.397M	20.006M	6.432M
Change in Inventory	—	—	—	—	—	—	—	—
Change in Accounts Payable	—	—	—	—	—	—	—	—
Change in Working Capital	-5.297M	84.006M	-396.290M	-6.636M	231.539M	224.447M	38.288M	12.874M
Cash from Investing	—	—	—	—	—	—	—	—
Capital Expenditures (CapEx)	-93.629M	-140.240M	-36.665M	-151.357M	-60.082M	-15.524M	-8.069M	-8.036M
Acquisitions	292.276M	7.894M	13.200M	-75.093M	7.844M	97.104M	-28.329M	0.00
Cash from Financing	—	—	—	—	—	—	—	—
Debt Repayment	—	—	—	—	—	—	—	—
Stock Repurchased (Buybacks)	-1.633M	-485K	-31K	-7.687M	0.00	0.00	0.00	0.00
Dividends Paid	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Free Cash Flow (FCF)	-259.924M	-218.128M	-701.950M	-382.046M	66.408M	194.120M	-32.948M	-11.338M
Net Change in Cash	-81.965M	-46.357M	-327.328M	-166.569M	461.846M	228.436M	21.188M	-58.094M

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