For the quarter ending 2025-09-30, UP made $185,486K in revenue. -$83,730K in net income. Net profit margin of -45.14%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Revenue | 185,486 | 189,637 | 177,530 | 193,903 |
| Cost of revenue (exclusive of items shown separately below) | 172,878 | 173,955 | 158,424 | 166,859 |
| Technology and development | 10,170 | 9,358 | 10,524 | 9,594 |
| Sales and marketing | 22,084 | 24,385 | 22,161 | 20,029 |
| General and administrative | 31,982 | 30,232 | 56,817 | 27,058 |
| Depreciation and amortization | 13,926 | 13,490 | 20,210 | 12,484 |
| Gain on sale of aircraft | 3,737 | 2,203 | 6,551 | 190 |
| (gain) loss on disposal of assets, net | 480 | -20 | 3,289 | 70 |
| Total costs and expenses | 246,823 | 249,237 | 258,296 | 235,834 |
| Loss from operations | -61,337 | -59,600 | -80,766 | -41,931 |
| Gain on divestiture | 1,833 | 0 | - | - |
| Loss on extinguishment of debt | -19 | -22 | -38 | -289 |
| Change in fair value of warrant liability | 0 | 0 | - | -107 |
| Interest income | 631 | 836 | 1,148 | 907 |
| Interest expense | 23,510 | 22,084 | 19,880 | 16,041 |
| Other income (expense), net | 4 | -470 | 301 | -149 |
| Total other income (expense) | -21,061 | -21,740 | -18,469 | -15,395 |
| Loss before income taxes | -82,398 | -81,340 | -99,235 | -57,326 |
| Income tax benefit (expense) | - | 1,000 | - | - |
| Income tax expense | 1,332 | 959 | 78 | 405 |
| Net loss | -83,730 | -82,299 | -99,313 | -57,731 |
| Less net loss attributable to non-controlling interests | 0 | 0 | - | - |
| Net loss attributable to wheels up experience inc | -83,730 | -82,299 | -99,313 | -57,731 |
| Basic EPS | -0.12 | -0.12 | -0.14 | -0.08 |
| Diluted EPS | -0.12 | -0.12 | -0.14 | -0.08 |
| Basic Average Shares | 703,813,424 | 698,996,977 | 698,270,154 | 697,721,699 |
| Diluted Average Shares | 703,813,424 | 698,996,977 | 698,270,154 | 697,721,699 |
Wheels Up Experience Inc. (UP)
Wheels Up Experience Inc. (UP)