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Wheels Up Experience Inc.

NYSE•UP
CEO: Mr. George Nathaniel Mattson
Sector: Industrials
Industry: Airlines, Airports & Air Services
Listing Date: 2020-11-18
Wheels Up Experience Inc. provides private aviation services in the United States and internationally. The company offers membership programs consisting of Connect that offers members variable dynamic pricing on a per trip basis and flexibility on their schedule; Core for private flyers; and UP for Business for small and medium enterprise, and large corporate customers for whom it is primary provider of private flights, as well as supplementary solution to their own aircraft operations. It also provides charter flight solutions for passenger groups, sports teams, corporate event, and tour operations, as well as global passenger, cargo, emergency, and government services; wholesale and group charter services; maintenance, repair, and operations services; fixed-base operator services; safety and security services; and government, defense, emergency, and medical transport missions. It serves individuals, small and medium enterprises, and corporate customers. As of December 31, 2023, the company operated a fleet of 185 owned and leased aircraft. Wheels Up Experience Inc. was founded in 2013 and is headquartered in Chamblee, Georgia.
Contact Information
2135 American Way, Chamblee, GA, 30341, United States
212-257-5252
www.wheelsup.com
Market Cap
$405.25M
P/E (TTM)
-1.3
18.5
Dividend Yield
--
52W High
$3.50
52W Low
$0.49
52W Range
2%
Rank68Top 98.2%
1.3
F-Score
Modified Piotroski Analysis
Based on 7-year fundamentals
Weak • 1.3 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2019-2025

Financial Dashboard

Q4 2025 Data

Revenue

$183.84M+0.00%
4-Quarter Trend

EPS

-$0.04+0.00%
4-Quarter Trend

FCF

-$58.43M+0.00%
4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Net Loss Significantly Narrows Net loss improved $45.4M, narrowing 13% to $(294.2M) for the year ended December 31, 2025.
Adjusted EBITDA Loss Reduced Adjusted EBITDA loss narrowed $74.4M year-over-year, reaching $(43.5M) compared to $(117.9M) in 2024.
Private Jet Bookings Increase Private Jet Gross Bookings grew 3% to $833.9M, despite Live Flight Legs decreasing 11% to 44,694.
Cost Reduction Target Raised Annual cash cost savings estimate increased from $50M to $70M following efficiency initiatives taken in 2025.

Risk Factors

Demand Fluctuation Impacts Revenue Economic downturns or geopolitical events could decrease private flyer demand, slowing growth and utilization rates.
Fleet Transition Capital Intensive Current fleet modernization strategy is capital intensive, risking operational variability during the transition period.
Debt Covenants Limit Actions Failure to comply with debt covenants could trigger acceleration of principal amounts, impacting liquidity severely.
Litigation Recovery Uncertainties Vigorously pursuing GRP litigation against Exclusive Jets, but recovery of outstanding deposits remains uncertain.

Outlook

Fleet Modernization Ahead of Schedule Expect substantial completion of the controlled jet fleet modernization strategy by the end of 2026.
Delta Integration Milestone Set Launching industry-first self-booking for Delta commercial flights directly within the Wheels Up app in January 2026.
Efficiency Savings Realization Timeline Full impact of anticipated $70M cash cost savings expected in Q3 2026 relative to Q2 2025 baseline.
Global Sales Team Unification Unifying global private jet sales teams under the Wheels Up brand announced for the first quarter of 2026.

Peer Comparison

Revenue (TTM)

JBLU stock ticker logoJBLU
$9.06B
-2.3%
HTZ stock ticker logoHTZ
$8.50B
-6.0%
ULCC stock ticker logoULCC
$3.72B
-1.4%

Gross Margin (Latest Quarter)

ERII stock ticker logoERII
67.3%
-0.8pp
SNCY stock ticker logoSNCY
65.4%
+44.9pp
WLFC stock ticker logoWLFC
56.7%
+20.0pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
RDW$1.59B-7.2-29.1%16.0%
JBLU$1.52B-2.5-26.1%55.1%
NVRI$1.48B-8.6-48.8%66.7%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
1.2%
Moderate Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
0%
Cash Flow Needs Attention

Deep Research

Next earnings:May 7, 2026
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EPS:-
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Revenue:-
Financials
Earnings Calls
Reports
News
Income Statement
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LTM
No Data