# Wheels Up Experience Inc.: overview UP · NYSE · CIK 1819516 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 31 Pages: [Overview](/companies/up.md) · [Financials](/companies/up/financials.md) · [Filings](/companies/up/filings.md) · [Insiders](/companies/up/insiders.md) Latest reported revenue: [$182.0m](/filings/0001628280-26-053559.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 5, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001628280-26-053559). ## Last eight quarters | Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | | --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | | Revenue | $m | [194](/filings/0001628280-25-049230.md) | [205 d](/filings/0001628280-26-016512.md) | [178](/filings/0001628280-26-033583.md) | [190](/filings/0001628280-26-053559.md) | [185](/filings/0001628280-25-049230.md) | [184 d](/filings/0001628280-26-016512.md) | [169](/filings/0001628280-26-033583.md) | [182](/filings/0001628280-26-053559.md) | | Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | | Operating margin | % | [(21.6%)](/filings/0001628280-25-049230.md) | [(26.0%) d](/filings/0001628280-26-016512.md) | [(45.5%)](/filings/0001628280-26-033583.md) | [(31.4%)](/filings/0001628280-26-053559.md) | [(33.1%)](/filings/0001628280-25-049230.md) | [(0.9%) d](/filings/0001628280-26-016512.md) | [(34.0%)](/filings/0001628280-26-033583.md) | [(40.9%)](/filings/0001628280-26-053559.md) | | Net margin | % | [(29.8%)](/filings/0001628280-25-049230.md) | [(42.7%) d](/filings/0001628280-26-016512.md) | [(55.9%)](/filings/0001628280-26-033583.md) | [(43.4%)](/filings/0001628280-26-053559.md) | [(45.1%)](/filings/0001628280-25-049230.md) | [(15.7%) d](/filings/0001628280-26-016512.md) | [(49.1%)](/filings/0001628280-26-033583.md) | [(58.9%)](/filings/0001628280-26-053559.md) | | Diluted EPS | $ per share | [(0.08)](/filings/0001628280-25-049230.md) | not reported | [(2.84)](/filings/0001628280-26-033583.md) | [(2.35)](/filings/0001628280-26-053559.md) | [(0.12)](/filings/0001628280-25-049230.md) | not reported | [(2.29)](/filings/0001628280-26-033583.md) | [(2.97)](/filings/0001628280-26-053559.md) | | Free cash flow | $m | [(21.9) d](/filings/0001628280-25-049230.md) | [(70.2) d](/filings/0001628280-26-016512.md) | [(62.6)](/filings/0001628280-26-033583.md) | [(78.6) d](/filings/0001628280-26-053559.md) | [(60.4) d](/filings/0001628280-25-049230.md) | [(58.3) d](/filings/0001628280-26-016512.md) | [(162)](/filings/0001628280-26-033583.md) | [(144) d](/filings/0001628280-26-053559.md) | - Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure. - Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure. - Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure. - Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure. - Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted. - Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure. ## Last five fiscal years | Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) | | --- | --- | ---: | ---: | ---: | ---: | ---: | | Revenue | $m | [1,194](/filings/0001819516-24-000015.md) | [1,580](/filings/0001819516-25-000012.md) | [1,253](/filings/0001628280-26-016512.md) | [792](/filings/0001628280-26-016512.md) | [736](/filings/0001628280-26-016512.md) | | Gross margin | % | not reported | not reported | not reported | not reported | not reported | | Operating margin | % | [(17.0%)](/filings/0001819516-24-000015.md) | [(35.4%)](/filings/0001819516-25-000012.md) | [(35.4%)](/filings/0001628280-26-016512.md) | [(32.7%)](/filings/0001628280-26-016512.md) | [(27.6%)](/filings/0001628280-26-016512.md) | | Net margin | % | [(15.9%)](/filings/0001819516-24-000015.md) | [(35.1%)](/filings/0001819516-25-000012.md) | [(38.9%)](/filings/0001628280-26-016512.md) | [(42.9%)](/filings/0001628280-26-016512.md) | [(39.9%)](/filings/0001628280-26-016512.md) | | Diluted EPS | $ per share | [(9.28)](/filings/0001819516-24-000015.md) | [(22.60)](/filings/0001819516-25-000012.md) | [(3.69)](/filings/0001628280-26-016512.md) | [(0.49)](/filings/0001628280-26-016512.md) | [(0.42)](/filings/0001628280-26-016512.md) | | Free cash flow | $m | [111](/filings/0001819516-24-000015.md) | [(314)](/filings/0001819516-25-000012.md) | [(685)](/filings/0001628280-26-016512.md) | [(201)](/filings/0001628280-26-016512.md) | [(260)](/filings/0001628280-26-016512.md) | - Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted. - Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing. ## Insider purchases and sales The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/up/insiders.md) None in coverage. ## Funds that report holding it From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md) | Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before | | --- | --- | ---: | ---: | --- | --- | | [DELTA AIR LINES, INC.](/funds/27904.md) | 2026-06-30 | $118.1m | 13,168,465 | | New +13,168,465 | | [Knighthead Capital Management, LLC](/funds/1512397.md) | 2026-06-30 | $115.8m | 12,908,460 | | New +12,908,460 | | [WHITEBOX ADVISORS LLC](/funds/1257391.md) | 2026-06-30 | $9.2m | 1,021,597 | | New +1,021,597 | | [Kore Advisors LP](/funds/1971339.md) | 2026-06-30 | $6.9m | 770,231 | | New +770,231 | | [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $3.5m | 391,189 | | New +391,189 | | [MASTERS CAPITAL MANAGEMENT LLC](/funds/1104186.md) | 2026-06-30 | $2.7m | 300,000 | | New +300,000 | | [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $2.0m | 218,479 | | New +218,479 | | [SUSQUEHANNA INTERNATIONAL GROUP, LLP](/funds/1446194.md) | 2026-06-30 | $1.3m | 146,700 | Call | New +146,700 | | [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $1.1m | 125,276 | | New +125,276 | | [Militia Capital Management LLC](/funds/2130487.md) | 2026-06-30 | $1.0m | 116,231 | | New +116,231 | ## Recent filings [All 571 filings](/companies/up/filings.md) | Filed | Accepted | Form | What it is | Accession | | --- | --- | --- | --- | --- | | 2026-10-09 | 21:27 ET | [8-K/A](/filings/0001628280-26-065562.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001628280-26-065562 | | 2026-08-14 | 21:27 ET | [8-K](/filings/0001628280-26-057181.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001628280-26-057181 | | 2026-08-05 | 21:28 ET | [10-Q](/filings/0001628280-26-053559.md) | Quarterly report, period 2026-06-30 | 0001628280-26-053559 | | 2026-08-04 | 10:56 ET | [8-K](/filings/0001628280-26-052133.md) | 1.01 Entry into a material agreement; 2.02 Results of operations; 2.03 New direct financial obligation; 9.01 Financial statements and exhibits | 0001628280-26-052133 | | 2026-06-10 | 20:16 ET | [8-K](/filings/0001628280-26-042215.md) | 5.02 Departure or appointment of officers or directors; 5.07 Shareholder vote results; 9.01 Financial statements and exhibits | 0001628280-26-042215 | | 2026-06-01 | 10:56 ET | [8-K](/filings/0001628280-26-039275.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 9.01 Financial statements and exhibits | 0001628280-26-039275 | | 2026-05-26 | 10:57 ET | [8-K](/filings/0001104659-26-065982.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-065982 | | 2026-05-11 | 20:35 ET | [10-Q](/filings/0001628280-26-033583.md) | Quarterly report, period 2026-03-31 | 0001628280-26-033583 | | 2026-05-11 | 20:33 ET | [8-K](/filings/0001628280-26-033578.md) | 2.02 Results of operations; 8.01 Other events; 9.01 Financial statements and exhibits | 0001628280-26-033578 | | 2026-04-29 | 10:56 ET | [8-K](/filings/0001628280-26-028101.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001628280-26-028101 | ## Latest annual report [Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001628280-26-016512.md), filed Mar 10, 2026. ## Forecast league Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/1eb36913-2c05-416a-b681-0be97a870fb5) ## About the filer - CIK: 1819516 - Tickers: UP - Exchange: NYSE - SIC code: 4522 Air Transportation, Nonscheduled - State of incorporation: not reported - Filer category: Accelerated filer
Smaller reporting company Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:48 ET. No prices; not investment advice.