Wheels Up Experience Inc. (UP) Income Tax Expense
The tax expense for Wheels Up Experience Inc. (UP) is $3.50 Million with a year-over-year change of +185.73%. Income tax expense is the amount a company pays in federal, state, and foreign income taxes based on its taxable income for the period.
UP Tax Expense Chart
Current Tax Expense
$3.50M
$3.50 Million
Year-over-Year Change
+185.73%
vs. $1.23M prior year
Historical Data
8
Years of data available
Annual Tax Expense History
| Year | Tax Expense | YoY Change | % Change |
|---|---|---|---|
| 2025 | $3.50M | +$2.28M | +185.73% |
| 2024 | $1.23M | $-157,000 | -11.35% |
| 2023 | $1.38M | +$1.21M | +713.53% |
| 2022 | $170,000 | +$112,000 | +193.10% |
| 2021 | $58,000 | +$58,000 | — |
| 2020 | $0 | +$0 | — |
| 2019 | $0 | +$0 | — |
| 2018 | $0 | — | — |
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.
- Sector
- Industrials
- Industry
- Airlines, Airports & Air Services
- CEO
- George Nathaniel Mattson