Wheels Up Experience UP
NYSE UP
$4.95 +0.03 (+0.61%)
At close: Aug 21, 2026 · 4:00 PM EDT

Wheels Up Experience (UP) Asset Writedowns and Impairment (2020 - 2025)

Wheels Up Experience (UP) posted quarterly Asset Writedowns and Impairment of $20.2 million for Q1 2025, up 67.6% quarter-over-quarter from $12.1 million in Q4 2024.

Wheels Up Experience (UP) Asset Writedowns and Impairment (2020 - 2025) Analysis & Trends

Wheels Up Experience's Asset Writedowns and Impairment history runs 5 years deep, the most recent figure standing at $20.2 million for Q1 2025.

  • In Q1 2025, Asset Writedowns and Impairment changed N/A year-over-year to $20.2 million; the TTM figure through Sep 2025 stood at $32.3 million (up 5427.57% YoY), while the FY2024 annual figure was $12.1 million, up 207.49% from the prior year.
  • Asset Writedowns and Impairment for Q1 2025 stood at $20.2 million, up from $12.1 million in the prior quarter.
  • The five-year high for Asset Writedowns and Impairment was $20.2 million in Q1 2025, with the low at -$384000.0 in Q1 2022.
  • The 4-year median for Asset Writedowns and Impairment is $624500.0 (2021), against an average of $4.5 million.
  • Peak annual rise in Asset Writedowns and Impairment reached 161.88% in 2022, while the deepest fall reached 239.64% in 2022.
  • Wheels Up Experience's Asset Writedowns and Impairment stood at $2.1 million in 2021, then sank by 72.2% to $584000.0 in 2022, then surged by 1965.58% to $12.1 million in 2024, then soared by 67.6% to $20.2 million in 2025.
  • Business Quant data shows UP's Asset Writedowns and Impairment at $20.2 million in Q1 2025, $12.1 million in Q4 2024, and $584000.0 in Q2 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Southeast Airport 7.87 Bn 7.22 Bn -
2 Joby Aviation 7.33 Bn 7.33 Bn 10.34 Mn
3 Central North Airport 4.97 Bn 4.80 Bn -
4 Corporacion America Airports 3.82 Bn 3.06 Bn 198.55 Mn
5 AerSale 263.03 Mn 252.97 Mn -
6 Icts International N V 224.60 Mn 284.43 Mn -
7 Wheels Up Experience 174.90 Mn 40.97 Mn -
8 Saker Aviation Services 5.71 Mn -2.30 Mn -11,875.00
9 Volato 2.33 Mn 48,465.44 703,000.00

Historic Data

Download Data
DateValue
Mar 31, 2025 20.22 Mn
Mar 31, 2025 20.22 Mn
Dec 31, 2024 12.06 Mn
Dec 31, 2024 12.06 Mn
Jun 30, 2022 584,000.00
Jun 30, 2022 584,000.00
Mar 31, 2022 -384,000.00
Mar 31, 2022 -384,000.00
Dec 31, 2021 2.10 Mn
Dec 31, 2021 2.10 Mn
Sep 30, 2021 665,000.00
Sep 30, 2021 665,000.00
Jun 30, 2021 223,000.00
Jun 30, 2021 223,000.00
Mar 31, 2021 275,000.00
Mar 31, 2021 275,000.00
Dec 31, 2020 6.79 Mn
Dec 31, 2020 6.79 Mn