Company / R&D Expense
Wheels Up Experience Inc. R&D Expense History
FY2021-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$61.9M
FY2025
5-year range
$14.0M / $61.9M
FY2021-FY2025
Trend
+8.1%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
R&D Expense has increased for 4 consecutive years, from $14M in FY2021 to $62M in FY2025.
Based on SEC 10-K filings.
$62M in FY2025 with a 3-year CAGR of +43.3%.
Improved from $34M to $62M over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +43.3%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- Wheels Up Experience Inc.'s r&d expense has grown for 4 consecutive years.
- 3-year CAGR of +43.3%, indicating consistent growth.
- In FY2025, r&d expense increased 8.1% year-over-year.
- Lowest r&d expense in the period was in FY2021.
Company context
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.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $61.9M | +8.1% |
| FY2024 | $57.2M | +70.5% |
| FY2023 | $33.6M | +59.8% |
| FY2022 | $21.0M | +50.4% |
| FY2021 | $14.0M | - |
As of FY2025 · SEC 10-K · Updated Jun 24, 2026