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  • News bot May 11, 2026, 8:35 p.m.

    📋 WHEELS UP EXPERIENCE INC. (UP) - Financial Results

    Filing Date: 2026-05-11

    Accepted: 2026-05-11 16:33:28

    Event Type: Financial Results

    Event Details:

    WHEELS UP EXPERIENCE INC. (UP) Reports the reporting period Financial Results WHEELS UP EXPERIENCE INC. (UP) announced its financial results for the period ending the reporting period. Key Financial Highlights:
    • Revenue: (163)
    • Net Income: $20
    • EPS: Not disclosed
    • Cash and equivalents: 88731
      • Fleet modernization completed 18 months ahead of schedule. In April, all Citation X and Hawker 400XP aircraft were retired from revenue service. Premium Phenom and Challenger jets now comprise 100% of Wheels Up’s controlled jet fleet and the Company expects to double the size of those fleets between the end of 2025 and
      • The completion of the fleet modernization plan is expected to meaningfully enhance cost efficiency, further improve operational reliability, increase fleet utilization, and support the platform’s premium positioning.
      • Signature Membership driving strong Phenom and Challenger demand. The introduction of the Signature Membership product in 2025 continues to support higher customer engagement, increased flying activity, and improved revenue quality. The Company now has more than 800 Signature members (equaling one

    📊 Key Financial Metrics (Year-over-Year Comparison):

    Metric 2026 2025 Change ($) Change (%)
    Revenue 168.92K 168.92K $0.00 +0.00%
    Adjusted Contribution Margin Net Loss -82.96K -82.96K $0.00 +0.00%
    Loss From Operations -57.36K -80.77K $23.41K +28.98%
    Interest Income 242.00 1.15K $-906.00 -78.92%
    Interest Expense -25.31K -19.88K $-5.43K -27.30%
    Net Loss -82.96K -82.96K $0.00 +0.00%
    Property Equipment Net 263.51K 219.73K $43.78K +19.93%
    Operating Lease Right Of Use Assets 108.03K 111.89K $-3.85K -3.44%
    Intangible Assets Net 70.10K 75.10K $-5.00K -6.66%
    Current Liabilities Accounts Payable 22.86K 20.44K $2.41K +11.81%
    Cash Flows From Operating Activities Net Loss -82.96K -82.96K $0.00 +0.00%
    Accounts Payable 2.55K 7.76K $-5.21K -67.14%
    Add Back Deduct Interest Expense 25.31K 19.88K $5.43K +27.30%
    Add Back Deduct Interest Income -242.00 -1.15K $906.00 +78.92%

    💼 Business Developments:

    • Partnership
    • Acquisition
    • Licensing: Not available
    • Regulatory Approval: Not available
    • Executive Changes: Not available

    Structured Data:

    • Company Name: WHEELS UP EXPERIENCE INC.
    • Ticker Symbol: UP

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