For the quarter ending 2026-03-31, UP had $14,918K increase in cash & cash equivalents over the period. $39,674K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|
| Net loss | 182,384 | -83,730 | -181,612 |
| Depreciation and amortization | -35,912 | 13,926 | 33,700 |
| Equity-based compensation | -22,067 | 12,499 | 20,956 |
| Payment-in-kind interest | -26,226 | 13,797 | 26,492 |
| Amortization of deferred financing costs and debt discount | -1,702 | 5,004 | 5,694 |
| Gain on sale of aircraft held for sale | -11,447 | 5,425 | 9,429 |
| Loss on extinguishment of debt | - | - | -60 |
| Reserve for excess and obsolete inventory | 4,984 | - | - |
| Loss (gain) on disposal of assets, net | -3,238 | -72 | 3,148 |
| Impairment of right-of-use assets | -20,218 | 0 | 20,218 |
| Gain on divestiture | - | 1,833 | - |
| Other | 2,682 | -3,896 | 765 |
| Accounts receivable | 3,090 | 516 | 4,965 |
| Parts and supplies inventories | - | -127 | 857 |
| Prepaid expenses | -635 | 372 | -1,686 |
| Other current assets | 3,228 | - | - |
| Other non-current assets | 1,454 | -5,078 | -2,095 |
| Accounts payable | 1,447 | -3,645 | 4,748 |
| Accrued expenses | -24,513 | 7,040 | 2,731 |
| Deferred revenue | -12,891 | -15,719 | -24,915 |
| Other assets and liabilities | 4,420 | -12,739 | 3,493 |
| Net cash used in operating activities | 48,295 | -37,122 | -110,804 |
| Proceeds from sale of divested business, net | - | 20,689 | 0 |
| Purchases of property and equipment | 8,621 | 23,275 | 30,465 |
| Capitalized software development costs | -7,209 | 3,251 | 5,893 |
| Purchase of aircraft held for sale | 0 | - | - |
| Proceeds from sale of aircraft held for sale, net | -58,796 | 29,307 | 55,122 |
| Other | 1,150 | 0 | -1,150 |
| Net cash (used in) provided by investing activities | -82,047 | 23,470 | 19,914 |
| Purchase of shares for treasury | -889 | 895 | 195 |
| Proceeds from sales of shares of common stock | - | 47,597 | - |
| Proceeds from long-term debt | 66,832 | 14,355 | 19,551 |
| Repayments of long-term debt | -31,917 | 32,099 | 36,898 |
| Payment of debt issuance costs | -7 | 22 | 18 |
| Net cash provided by (used in) financing activities | 52,048 | 28,936 | -17,560 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | -3,378 | -748 | 3,224 |
| Net decrease in cash, cash equivalents and restricted cash | 14,918 | 14,536 | -105,226 |
| Cash, cash equivalents and restricted cash, beginning of period | 155,778 | 246,468 | - |
| Cash, cash equivalents and restricted cash, end of period | 88,731 | 155,778 | - |