Income Statement
WHEELS UP EXPERIENCE INC.
UP
Performance Overview
Click any row in the table to add it to this chart
in millions USD
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY | Dec 31, 2023 2023 FY | Dec 31, 2022 2022 FY | Dec 31, 2021 2021 FY | Dec 31, 2020 2020 FY |
|---|---|---|---|---|---|---|
|
Revenue
|
736.50 | 792.10 | 1,253.32 | 1,579.76 | 3.30 | - |
|
Cost of Revenue
|
662.76 | 733.08 | 1,232.51 | 1,540.33 | - | - |
|
Gross Profit
|
73.74 | 59.03 | 20.81 | 39.44 | 3.30 | - |
|
Operating Expenses
|
184.06 | 178.28 | 207.75 | 240.77 | 0.00 | 0.00 |
|
Research & Development
|
38.76 | 40.69 | 61.87 | 57.24 | - | - |
|
Selling, General & Administrative
|
145.30 | 137.59 | 145.87 | 183.53 | - | - |
|
Other Operating Expenses
|
- | - | - | - | - | - |
|
Operating Income
|
-110.32 | -119.26 | -186.94 | -201.34 | 3.30 | - |
|
Non-Operating Income
|
-87.30 | -79.62 | -42.45 | 4.63 | - | - |
|
Interest Income
|
3.02 | 2.17 | 6.12 | - | - | - |
|
Interest Expense
|
- | - | 41.26 | 7.52 | 0.50 | - |
|
Other Non-Op Income / Expense
|
-1.41 | -0.72 | -0.66 | -1.04 | - | - |
|
Income Before Tax
|
5.32 | 4.00 | 7.78 | 0.51 | - | - |
|
Income Tax Expense
|
3.50 | 1.23 | 1.38 | -0.22 | 0.06 | - |
|
Non-Controlling Interest
|
- | - | 0.00 | -0.39 | - | - |
|
Net Income
|
-294.22 | -339.64 | -487.39 | -555.16 | 591.69 | - |
Supplemental
Per share data, derived & other items — not part of the income statement
in millions USD unless noted
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY | Dec 31, 2023 2023 FY | Dec 31, 2022 2022 FY | Dec 31, 2021 2021 FY | Dec 31, 2020 2020 FY |
|---|---|---|---|---|---|---|
|
Depreciation & Amortization
|
- | - | - | - | - | - |
|
EBITDA
|
-49.15 | -62.71 | -128.40 | -135.40 | 3.30 | 0.00 |
|
Earnings Per Share (Basic)
|
-0.42 | -0.49 | -3.69 | -2.26 | -0.93 | - |
|
Diluted EPS
|
-0.42 | -0.49 | -3.69 | -2.26 | -0.93 | - |
|
Weighted Average Shares
|
705.99 | 697.71 | 132.19 | 245.67 | 204.78 | - |
|
Diluted Weighted Avg Shares
|
705.99 | 697.71 | 132.19 | 245.67 | 204.78 | - |
|
Comprehensive Income
|
-287.19 | -341.59 | -488.04 | -565.21 | - | - |