Wheels Up Experience Inc. Income Statement
UP|5 years of annual SEC 10-K data (FY2021-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 5 fiscal years. All figures from audited SEC 10-K filings.
Wheels Up Experience Inc. reported $1.3B in revenue and $487M in net loss for FY2025. Revenue has grown at a 34.3% compound annual rate over the past 4 years.
Based on SEC 10-K filings.
Key Data Points
- Low Piotroski F-Score: 0/9 (multiple financial health concerns)
- Altman Z-Score -0.74 (distress zone, below 1.8 threshold)
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.6B | $1.2B | $695.0M | $384.9M |
| Cost of Revenue | $1.2B | $1.5B | $1.1B | $634.8M | $340.7M |
| SG&A Expense | $145.9M | $183.5M | $113.3M | $64.9M | $28.4M |
| R&D Expense | $61.9M | $57.2M | $33.6M | $21.0M | $14.0M |
| Operating Income | -$443.6M | -$560.0M | -$203.3M | -$63.0M | -$78.1M |
| Interest Expense | - | - | $9.5M | $23.0M | $29.4M |
| Income Tax | $1.4M | $170.0K | $58.0K | $0 | $0 |
| Net Income | -$487.4M | -$555.2M | -$190.0M | -$78.6M | -$96.3M |
| EPS (Basic) | -$3.69 | -$22.60 | -$9.28 | -$0.48 | -$0.93 |
| EPS (Diluted) | -$3.69 | -$22.60 | -$9.28 | -$0.48 | -$0.93 |
| Shares Outstanding | 697.9M | 696.9M | 24.9M | 245.8M | 169.7M |
| Operating Margin | -35.4% | -35.4% | -17.0% | -9.1% | -20.3% |
| Profit Margin | -38.9% | -35.1% | -15.9% | -11.3% | -25.0% |