NYSE:UP
Wheels Up Experience Inc.
Wheels Up Experience Inc.'s revenue fell 7.0% in fiscal 2025 to $736.5M while operating margin rose to −27.6%. Free cash flow was −$259.9M, −35.3% of revenue, and the diluted share count rose 1.2%.Summary generated from Wheels Up Experience Inc.'s SEC filings. Latest annual report filed Mar 10, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$736.5M
Revenue growth−7.0%
Revenue, 5-yr CAGR+1.2%
Gross margin10.0%
Operating margin−27.6%
Net margin−39.9%
ROIC−65.8%
Return on equityn/a
Debt / equityn/a
Free cash flow−$259.9M
FCF margin−35.3%
Share count change+1.2%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 1,194 | 1,580 | 1,253 | 792 | 736 |
| Operating income | −203 | −560 | −444 | −259 | −203 |
| Net income | −190 | −555 | −487 | −340 | −294 |
| Free cash flow | 111 | −314 | −685 | −201 | −260 |
Recent filings
- 8-K/AAmended results of operations and financial condition
Oct 9, 2026 - 4Insider transaction report
Oct 6, 2026 - 4Insider transaction report
Oct 6, 2026 - 8-KDirector or officer change
Aug 14, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 5, 2026 - 8-KEntry into a material agreement
Aug 4, 2026 - 8-KDirector or officer change
Jun 10, 2026 - 8-KEntry into a material agreement
Jun 1, 2026