Income Statement - Wheels Up Experience Inc. (UP)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | |
|---|---|---|---|---|---|---|---|---|
| Total revenue | 736.50 | 792.10 | 1,253.32 | 1,579.76 | 1,194.26 | 694.98 | 384.91 | 332.14 |
| Cost of revenue | 719.94 | 733.08 | 1,291.04 | 1,606.26 | 1,171.83 | 634.78 | 380.03 | 276.43 |
| Gross profit | 16.55 | 59.03 | -37.72 | -26.50 | 22.43 | 60.21 | 4.89 | 55.71 |
| Total operating expenses | 268.84 | 317.82 | 405.84 | 533.51 | 225.71 | 123.17 | 83.02 | 108.19 |
| Operating income | -252.29 | -258.79 | -443.56 | -560.01 | -203.28 | -62.97 | -78.13 | -52.00 |
| Non-operating income (net) | -38.43 | -79.62 | -42.45 | 4.63 | 6.11 | -22.44 | -28.75 | -31.24 |
| Income before tax | -290.71 | -338.41 | -486.00 | -555.38 | -197.17 | -85.41 | -106.87 | -83.24 |
| Income tax expense | 3.50 | 1.23 | 1.38 | 0.17 | 0.06 | 16.23 | 18.76 | |
| Net income | -294.22 | -339.64 | -487.39 | -555.16 | -190.02 | -78.64 | -96.27 | -83.24 |
Show Quarterly Income Statement
Income Statement - Wheels Up Experience Inc. (UP)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 168.92 | 183.84 | 185.49 | 189.64 | 177.53 | 204.82 | 193.90 | 196.29 | 197.10 | 246.38 | 320.06 | 335.06 | 351.81 | 408.26 | 420.36 | 425.51 | 325.64 | 345.04 | 301.98 | 285.58 | 261.66 | 209.77 | 194.78 | 134.33 | 156.10 |
| Cost of revenue | 170.90 | 194.48 | 172.88 | 173.96 | 178.63 | 189.34 | 166.86 | 207.28 | 198.26 | 264.43 | 299.89 | 343.03 | 368.24 | 414.70 | 403.04 | 425.03 | 346.99 | 357.69 | 297.13 | 268.67 | 234.51 | 202.48 | 171.34 | 119.36 | 141.36 |
| Gross profit | -1.97 | -10.63 | 12.61 | 15.68 | -1.10 | 15.48 | 27.04 | -11.00 | -1.16 | -18.05 | 20.18 | -7.96 | -16.42 | -6.44 | 17.31 | 0.48 | -21.35 | -12.64 | 4.84 | 16.91 | 27.15 | 7.29 | 23.44 | 14.97 | 14.74 |
| Total operating expenses | 57.28 | 39.95 | 73.95 | 75.28 | 79.66 | 70.56 | 68.98 | 68.06 | 81.43 | 46.86 | 149.18 | 145.02 | 80.23 | 277.06 | 108.29 | 94.60 | 71.37 | 69.60 | 73.42 | 41.71 | 54.82 | 36.59 | -2.68 | 36.29 | 53.22 |
| Operating income | -59.25 | -50.58 | -61.34 | -59.60 | -80.77 | -55.09 | -41.93 | -79.05 | -82.59 | -64.92 | -129.01 | -152.99 | -96.65 | -283.50 | -90.98 | -94.12 | -92.72 | -82.24 | -68.57 | -24.80 | -27.67 | -29.30 | 26.13 | -21.31 | -38.48 |
| Non-operating income (net) | -23.20 | 22.84 | -21.06 | -21.74 | -18.47 | -31.96 | -15.40 | -17.48 | -14.92 | -15.57 | -15.23 | -7.62 | -4.03 | -3.74 | 4.33 | 1.68 | 3.68 | 5.63 | 9.12 | -4.16 | -4.55 | -4.82 | -5.58 | -6.05 | -5.99 |
| Income before tax | -82.45 | -27.74 | -82.40 | -81.34 | -99.24 | -87.04 | -57.33 | -96.53 | -97.51 | -80.48 | -144.23 | -160.61 | -100.68 | -287.25 | -86.65 | -92.44 | -89.04 | -76.61 | -59.46 | -28.95 | -32.21 | -34.11 | 20.55 | -27.37 | -44.47 |
| Income tax expense | 0.51 | 1.13 | 1.33 | 0.96 | 0.08 | 0.49 | 0.41 | 0.44 | -0.11 | 0.63 | 0.58 | -0.02 | 0.19 | -0.34 | 0.19 | 0.32 | -4.07 | 0.06 | -9.12 | -5.13 | -2.80 | -1.95 | 5.58 | -5.58 | |
| Net income | -82.96 | -28.88 | -83.73 | -82.30 | -99.31 | -87.54 | -57.73 | -96.97 | -97.39 | -81.12 | -144.81 | -160.59 | -100.87 | -286.91 | -86.84 | -92.76 | -88.65 | -69.40 | -58.49 | -26.16 | -29.41 | -27.35 | 20.55 | -21.78 | -44.47 |