SequelSEC

Wheels Up Experience Inc. UP

Air Transportation, Nonscheduled · CIK 0001819516 · Fiscal year ends 1231

Revenue
$720.25M
Fiscal year ended 2026-06-30
Operating income
-$194.79M
Fiscal year ended 2026-06-30
Free cash flow
-$425.13M
Fiscal year ended 2026-06-30

Valuation, from the filing

Public float$106.80MMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-30
Float per share$0.15Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / revenue0.1×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.

How this compares in its industry

Percentile among the Air Transportation, Nonscheduled filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
Current ratio0.27x20th
Net margin-39.9%20th
SBC / revenue6.2%75th
Operating margin-27.6%40th
Revenue YoY growth-7.0%40th

Wheels Up Experience Inc. (UP) reported revenue of $720.25M and net income of -$302.81M for the fiscal year ended 2026-06-30. This page shows 1 annual period of income statement, balance sheet and cash flow figures normalized from Wheels Up Experience Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Air Transportation, Nonscheduled.

Income

Wheels Up Experience Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Revenue$720.25M
Cost of revenue$649.89M
Gross profit$70.36M
Operating income-$194.79M
Net income-$302.81M
Research & development$36.46M
Weighted-average diluted sharesUnavailable
Pretax income-$299.96M
Income tax expense$2.86M
Diluted EPSUnavailable
Selling, general & administrative$207.78M
General & administrative$116.75M
Selling & marketing$91.03M

Balance

Wheels Up Experience Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Cash & equivalents$86.31M
Total assets$926.57M
Current assets$221.93M
Total liabilities$1.49B
Current liabilities$785.26M
Total equity incl. NCI-$560.30M
Temporary (mezzanine) equityUnavailable
Inventory$1.95M
Accounts receivable$28.16M
Goodwill$208.79M
Long-term debt$581.18M
Accounts payable$26.59M

Cash flow

Wheels Up Experience Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Operating cash flow-$246.75M
Capital expenditures$178.38M
Investing cash flow$93.93M
Financing cash flow$132.81M
Net change in cash-$21.17M
Stock-based compensation$48.40M
Common dividends paidUnavailable
Common share repurchases$1.68M
Depreciation & amortization$26.14M

Derived

Wheels Up Experience Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Free cash flow-$425.13M
Gross margin9.8%
Operating margin-27.0%
FCF margin-59.0%
SBC / revenue6.7%
Current ratio0.28x
Revenue YoY growth-6.0%
Net margin-42.0%
R&D / revenue5.1%
CapEx / revenue24.8%
Long-term debt / equityUnavailable
Effective tax rateUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open UP in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-05View SEC filing
10-Q · Filed 2026-05-11View SEC filing
10-K · Filed 2026-03-10View SEC filing
10-Q · Filed 2025-11-05View SEC filing
10-Q · Filed 2025-08-07View SEC filing
10-Q · Filed 2025-05-05View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.