Wheels Up Experience Inc.
UP NYSE· Air Transportation, Nonscheduled
Last close · Oct 23, 2026
$3.20
KIRA · Stoqly’s AI analyst, in plain words
- Wheels Up Experience Inc. had $736M of revenue in fiscal 2025, down 7.0% on the year before. Over five years, revenue changed +1.2% a year on average.
- Its operating margin was −27.6%, up 5.1 pts: of every 100 in sales, about −28 is left after running the business.
- Wheels Up Experience Inc. lost $294M in fiscal 2025.
- Free cash flow was −$260M in fiscal 2025, −35.3% of revenue.
- Wheels Up Experience Inc. returned $1.6M to shareholders in fiscal 2025. The diluted share count rose 1.2%.
- Wheels Up Experience Inc. owes $537M more than it holds in cash.
Market cap
$116M
P/E
—
Revenue
$736M
Net income
−$294M
Free cash flow
−$260M
Operating margin
−27.6%
Wheels Up Experience Inc. in 30 seconds · fiscal 2025
Are sales growing?
−7.0%
No. Sales fell 7.0% last year.
Does it make a profit?
−39.9%
No. It lost money last year.
Does profit turn into cash?
−35.3%
No. It spent more cash than it brought in.
How healthy are the accounts?
3 / 9
Weak. It passes 3 of 9 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Wheels Up Experience Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 10, 2026
- Legal name
- Wheels Up Experience Inc.
- CIK
- 0001819516
Wheels Up Experience Inc. · UP
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $1.2B | $1.6B | $1.3B | $792M | $736M |
| Revenue growth | 71.8% | 32.3% | −20.7% | −36.8% | −7.0% |
| Gross margin | 6.4% | 2.5% | 1.7% | 7.5% | 10.0% |
| Operating margin | −17.0% | −35.4% | −35.4% | −32.7% | −27.6% |
| Net income | −$190M | −$555M | −$487M | −$340M | −$294M |
| Net margin | −15.9% | −35.1% | −38.9% | −42.9% | −39.9% |
| Diluted EPS | −$9.28 | −$22.60 | −$3.69 | −$0.49 | −$0.42 |
| Cash | |||||
| Cash from operations | $126M | −$231M | −$665M | −$77.9M | −$166M |
| Capital expenditure | $15.2M | $83.6M | $20.2M | $123M | $93.6M |
| Free cash flow | $111M | −$314M | −$685M | −$201M | −$260M |
| FCF margin | 9.3% | −19.9% | −54.7% | −25.3% | −35.3% |
| Share buybacks | $0.0M | $7.7M | $0.0M | $0.5M | $1.6M |
| Share count change | −87.4% | 20.0% | 438.1% | 427.8% | 1.2% |
| Debt and strength | |||||
| Cash and short-term investments | $785M | $586M | $264M | $216M | $134M |
| Debt incl. finance leases | $0.0M | $270M | $615M | $761M | $671M |
| Shareholders' equity | $730M | $252M | $97.4M | −$202M | −$392M |
| Current ratio | 0.8x | 0.6x | 0.5x | 0.4x | 0.3x |
| Interest coverage | −21.4x | −74.5x | −10.8x | −4.0x | −2.2x |
| Returns and quality | |||||
| Return on capital | — | — | −78.1% | −59.6% | −110.6% |
| Return on equity | −38.1% | −113.1% | −279.1% | — | — |
| Return on tangible equity | −130.3% | — | — | — | — |
| Piotroski F-score | 6 | 2 | 1 | 3 | 3 |
| Altman Z'' | −1.9 | −5.8 | −8.9 | −10.9 | −14.2 |
Insiders bought, 12 months
$0.1M
1 insider
Insiders sold, 12 months
$0.6M
3 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Wheels Up Experience Inc. · UP
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $3.20 a share, the company is worth $116M.
Source: SEC EDGAR XBRL filings (CIK 0001819516). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.