Wheels Up Experience (UP) Accumulated Expenses (2020 - 2025)
Wheels Up Experience (UP) posted quarterly Accumulated Expenses of $104.0 million for Q4 2025, up 16.23% year-over-year from $89.5 million in Q4 2024, and up 3.29% quarter-over-quarter from $100.7 million in Q3 2025.
Wheels Up Experience (UP) Accumulated Expenses (2020 - 2025) Analysis & Trends
Wheels Up Experience's Accumulated Expenses history runs 6 years deep, the most recent figure standing at $104.0 million for Q4 2025.
- In Q4 2025, Accumulated Expenses rose 16.23% year-over-year to $104.0 million; the TTM figure through Dec 2025 stood at $104.0 million (up 16.23% YoY), while the FY2025 annual figure was $104.0 million, up 16.23% from the prior year.
- Accumulated Expenses for Q4 2025 stood at $104.0 million, up from $100.7 million in the prior quarter.
- The five-year high for Accumulated Expenses was $148.9 million in Q4 2022, with the low at $3.9 million in Q1 2021.
- The 5-year median for Accumulated Expenses is $100.8 million (2023), against an average of $95.3 million.
- The sharpest annual moves came in 2022 and 2024: Accumulated Expenses surged 3039.39% in 2022, then sank 34.56% in 2024.
- Wheels Up Experience's Accumulated Expenses stood at $107.2 million in 2021, then jumped by 39.0% to $148.9 million in 2022, then sank by 31.2% to $102.5 million in 2023, then declined by 12.68% to $89.5 million in 2024, then rose by 16.23% to $104.0 million in 2025.
- Business Quant data shows UP's Accumulated Expenses at $104.0 million in Q4 2025, $100.7 million in Q3 2025, and $96.1 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Southeast Airport | 7.92 Bn | 7.27 Bn | - |
| 2 | Joby Aviation | 7.48 Bn | 7.48 Bn | 10.34 Mn |
| 3 | Central North Airport | 5.01 Bn | 4.84 Bn | - |
| 4 | Corporacion America Airports | 3.82 Bn | 3.06 Bn | 198.55 Mn |
| 5 | AerSale | 265.39 Mn | 255.33 Mn | - |
| 6 | Icts International N V | 224.60 Mn | 284.43 Mn | - |
| 7 | Wheels Up Experience | 173.04 Mn | 39.11 Mn | - |
| 8 | Saker Aviation Services | 5.71 Mn | -2.30 Mn | -11,875.00 |
| 9 | Volato | 2.17 Mn | -112,049.48 | 703,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 104.01 Mn |
| Sep 30, 2025 | 100.70 Mn |
| Jun 30, 2025 | 96.10 Mn |
| Mar 31, 2025 | 84.90 Mn |
| Dec 31, 2024 | 89.48 Mn |
| Sep 30, 2024 | 94.37 Mn |
| Jun 30, 2024 | 88.12 Mn |
| Mar 31, 2024 | 90.12 Mn |
| Dec 31, 2023 | 102.48 Mn |
| Sep 30, 2023 | 100.81 Mn |
| Jun 30, 2023 | 115.86 Mn |
| Mar 31, 2023 | 137.72 Mn |
| Dec 31, 2022 | 148.95 Mn |
| Sep 30, 2022 | 128.56 Mn |
| Jun 30, 2022 | 124.07 Mn |
| Mar 31, 2022 | 102.33 Mn |
| Dec 31, 2021 | 107.15 Mn |
| Sep 30, 2021 | 83.23 Mn |
| Jun 30, 2021 | 3.95 Mn |
| Mar 31, 2021 | 3.87 Mn |