UP - NYSE
Wheels Up Experience Inc.
$8.71
-5.4%Wheels Up Experience Inc. provides private aviation services primarily in the United States. The company offers a suite of products and services, which include multi-tiered membership programs, on-demand flights across various private aircraft cabin categories, aircraft management, retail and wholesale charter, whole aircraft acquisitions and sales, corporate flight solutions, special missions, signature events and experiences, and commercial travel. It operates a fleet of approximately 1,500 aircraft. The company was founded in 2013 and is headquartered in New York, New York.
At a Glance
Live SnapshotWheels Up Experience Inc. Profit Bridge
Profitability Analysis
Gross Margin
Thin margins leave little room for error. Cost management and pricing strategy are critical.
Operating Margin
Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.
Net Profit Margin
Net losses indicate the company is burning cash. Sustainability depends on path to profitability.
Profitability Insight
High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.
Wheels Up Experience Inc. Income Statement
UP • NYSE
| Wheels Up Experience Inc. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 |
|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||
736.5M | 792.1M | 1.3B | 1.6B | 1.2B | 695M | 384.9M | 332.1M | |
GROSS PROFIT | ||||||||
(719.9M) | (733.1M) | (1.3B) | (1.6B) | (1.2B) | (634.8M) | (380M) | (276.4M) | |
16.6M | 59M | -37.7M | -26.5M | 22.4M | 60.2M | 4.9M | 55.7M | |
OPERATING INCOME | ||||||||
(268.8M) | (317.8M) | (405.8M) | (533.5M) | (225.7M) | (123.2M) | (83M) | (108.2M) | |
(233.9M) | (221.9M) | (234.7M) | (300.6M) | (193.4M) | (120M) | (69.1M) | (64.3M) | |
(38.8M) | (40.7M) | (61.9M) | (57.2M) | (33.6M) | (21M) | (14M) | (10.2M) | |
-252.3M | -258.8M | -443.6M | -560M | -203.3M | -63M | -78.1M | -52M | |
PRE-TAX INCOME | ||||||||
(90.5M) | (65.4M) | (41.3M) | (7.5M) | (9.5M) | (23M) | (29.4M) | (0.0) | |
-87.5M | -63.2M | -35.1M | -3.8M | -9.5M | -22.4M | -28.7M | 0.0 | |
-3.9M | (55.2M) | (109.3M) | (175.6M) | -1.3M | -17.8M | (0.0) | (0.0) | |
-38.4M | -79.6M | -42.4M | 4.6M | 6.1M | -22.4M | -28.7M | -30.8M | |
-290.7M | -338.4M | -486M | -555.4M | -197.2M | -85.4M | -106.9M | -83.2M | |
NET INCOME | ||||||||
(3.5M) | (1.2M) | (1.4M) | (170K) | (58K) | (0.0) | (0.0) | (0.0) | |
-294.2M | -339.6M | -487.4M | -555.2M | -190M | -78.6M | -96.3M | -83.2M |
SEC Filings
UP - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
S-3/A S-3/A (Amended) N/A | June 01, 2026 | June 01, 2026 | ||
8-K 8-K 2026 N/A | June 01, 2026 | May 29, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 26, 2026 | May 21, 2026 | 2026 | |
S-3 S-3 N/A | May 22, 2026 | May 22, 2026 | ||
10-Q 10-Q 2026 Q1 Q1 | May 11, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 11, 2026 | May 10, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 29, 2026 | April 29, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 27, 2026 | April 24, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 24, 2026 | April 22, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 24, 2026 | June 09, 2026 | 2026 |
Related Guides
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Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.