Wheels Up Experience Inc. (New York Stock Exchange:UP)
Insiders filed in the last 90 days, but none of those trades qualified for scoring — round-trip buys and filings whose price is far off the market are excluded.
Loses money on what it sells.
- Revenue
- $720.2M
- Net income
- -$302.8M
- Net margin
- -42.0%
Not enough balance-sheet detail to judge the debt load.
- Total debt
- $714.4M
- Cash
- $86.3M
Owes more within a year than it holds to pay it.
- Current assets
- $221.9M
- Current liabilities
- $785.3M
- Current ratio
- 0.28
Consumes cash and must keep raising it.
- Operating cash flow
- -$246.8M
- Free cash flow
- -$442.5M
- FCF margin
- -61.4%
Burning cash with under a year of runway — expect a raise.
- Shares outstanding
- 36.2M
- Share growth (1y)
- 3.6%
- Cash runway
- 4 months
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
UP Income Statement
| Fiscal Period | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 |
| Revenue | 182.00 M | 168.92 M | 183.84 M | 185.49 M | 189.64 M | 177.53 M |
| Revenue Growth (YoY) | -4.03 % | -4.85 % | -10.24 % | -4.34 % | -3.39 % | -9.93 % |
| Cost of Revenue | 160.31 M | 170.90 M | 194.47 M | 172.88 M | 173.96 M | 178.63 M |
| Gross Profit | 21.68 M | -1.97 M | -10.63 M | 12.61 M | 15.68 M | -1.10 M |
| SG&A Expense | 58.41 M | 49.02 M | 46.28 M | 54.07 M | 54.62 M | 78.98 M |
| R&D Expense | 8.84 M | 8.74 M | 8.71 M | 10.17 M | 9.36 M | 10.52 M |
| Operating Expenses | 96.27 M | 57.28 M | 39.95 M | 73.94 M | 75.28 M | 79.66 M |
| Operating Income | -74.58 M | -59.25 M | -50.58 M | -61.34 M | -59.60 M | -80.77 M |
| Pretax Income | -107.34 M | -82.45 M | -27.74 M | -82.40 M | -81.34 M | -99.23 M |
| Tax Provision | 119.00 K | 509.00 K | 1.13 M | 1.33 M | 959.00 K | 78.00 K |
| Net Income | -107.25 M | -82.96 M | -28.88 M | -83.73 M | -82.30 M | -99.31 M |
| EPS (Basic) | -2.97 | -2.29 | -0.80 | -2.40 | -2.40 | -2.80 |
| EPS (Diluted) | -2.97 | -2.29 | -0.80 | -2.40 | -2.40 | -2.80 |
| Shares Outstanding | 36.20 M | 36.15 M | 36.09 M | 34.95 M | 34.95 M | 34.91 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.