UP
Wheels Up Experience Inc.
NYSE · USIndustrialsAirlines, Airports & Air Services
$6.42+1.58%
Price as of Jul 20, 2026
UP financials
Wheels Up Experience Inc. financial statements
Annual and quarterly income statement, balance sheet and cash-flow history. On small screens, start with four periods and expand the table when needed.
| Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | $736.5M | $792.1M | $1.3B | $1.6B |
| Cost of revenue | $719.9M | $733.1M | $1.3B | $1.6B |
| Gross profit | $16.6M | $59.0M | -$37.7M | -$26.5M |
| Operating expenses | $268.8M | $317.8M | $405.8M | $533.5M |
| Operating income | -$252.3M | -$258.8M | -$443.6M | -$560.0M |
| Net income | -$294.2M | -$339.6M | -$487.4M | -$555.2M |
| EBITDA | -$139.1M | -$216.5M | -$386.2M | -$481.9M |
| Basic EPS | $-8.40 | $-9.80 | $-31.60 | $-452.00 |
| Diluted EPS | $-8.40 | $-9.80 | $-31.60 | $-452.00 |
| Balance sheet | ||||
| Cash & equivalents | $133.9M | $216.4M | $263.9M | $585.9M |
| Total assets | $968.8M | $1.2B | $1.3B | $2.0B |
| Total liabilities | $1.4B | $1.4B | $1.2B | $1.7B |
| Stockholders’ equity | -$392.1M | -$196.2M | $99.9M | $299.9M |
| Total debt | $473.4M | $472.8M | $336.9M | $365.9M |
| Net debt | $339.4M | $256.4M | $73.0M | -$219.9M |
| Cash flow | ||||
| Operating cash flow | -$166.3M | -$77.9M | -$665.3M | -$230.7M |
| Capital expenditure | -$93.6M | -$140.2M | -$36.7M | -$151.4M |
| Free cash flow | -$259.9M | -$218.1M | -$702.0M | -$382.0M |
| Dividends paid | $0.00 | $0.00 | $0.00 | $0.00 |
| Share repurchases | -$1.6M | -$485.0K | -$31.0K | -$7.7M |