Wheels Up Experience (UP) Capital Expenditures (2020 - 2025)
Wheels Up Experience (UP) posted quarterly Capital Expenditures of $23.3 million for Q3 2025, up 5426.09% year-over-year from $421184.1 in Q3 2024, and up 47.67% quarter-over-quarter from $15.8 million in Q2 2025.
Wheels Up Experience (UP) Capital Expenditures (2020 - 2025) Analysis & Trends
Wheels Up Experience's Capital Expenditures history runs 6 years deep, the most recent figure standing at $23.3 million for Q3 2025.
- In Q3 2025, Capital Expenditures rose 5426.09% year-over-year to $23.3 million; the TTM figure through Sep 2025 stood at $194.5 million (up 960.1% YoY), while the FY2024 annual figure was $122.8 million, up 280.35% from the prior year.
- Capital Expenditures for Q3 2025 stood at $23.3 million, up from $15.8 million in the prior quarter.
- The five-year high for Capital Expenditures was $140.7 million in Q4 2024, with the low at -$9.5 million in Q1 2024.
- The 5-year median for Capital Expenditures is $7.7 million (2023), against an average of $17.2 million.
- The sharpest annual moves came in 2021 and 2023: Capital Expenditures jumped 6512.11% in 2021, then sank 233.49% in 2023.
- Wheels Up Experience's Capital Expenditures stood at $24.6 million in 2021, then plunged by 85.71% to $3.5 million in 2022, then tumbled by 233.49% to -$4.7 million in 2023, then jumped by 3094.7% to $140.7 million in 2024, then slumped by 83.46% to $23.3 million in 2025.
- Business Quant data shows UP's Capital Expenditures at $23.3 million in Q3 2025, $15.8 million in Q2 2025, and $14.7 million in Q1 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Southeast Airport | 7.81 Bn | 7.16 Bn | - | - |
| 2 | Joby Aviation | 7.35 Bn | 7.35 Bn | 10.34 Mn | 28.64 Mn |
| 3 | Central North Airport | 4.92 Bn | 4.75 Bn | - | - |
| 4 | Corporacion America Airports | 3.78 Bn | 3.02 Bn | 198.55 Mn | -2.91 Mn |
| 5 | AerSale | 263.27 Mn | 253.21 Mn | - | - |
| 6 | Icts International N V | 217.05 Mn | 189.86 Mn | - | - |
| 7 | Wheels Up Experience | 171.38 Mn | 37.46 Mn | - | - |
| 8 | Saker Aviation Services | 5.71 Mn | -2.30 Mn | -11,875.00 | - |
| 9 | Volato | 2.16 Mn | -115,021.80 | 703,000.00 | 176,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 23.28 Mn |
| Sep 30, 2025 | 23.28 Mn |
| Jun 30, 2025 | 15.76 Mn |
| Jun 30, 2025 | 15.76 Mn |
| Mar 31, 2025 | 14.70 Mn |
| Mar 31, 2025 | 14.70 Mn |
| Dec 31, 2024 | 140.72 Mn |
| Dec 31, 2024 | 140.72 Mn |
| Sep 30, 2024 | -437,000.00 |
| Sep 30, 2024 | -437,000.00 |
| Jun 30, 2024 | -8.02 Mn |
| Jun 30, 2024 | -8.02 Mn |
| Mar 31, 2024 | -9.46 Mn |
| Mar 31, 2024 | -9.46 Mn |
| Dec 31, 2023 | -4.70 Mn |
| Dec 31, 2023 | -4.70 Mn |
| Sep 30, 2023 | 20.57 Mn |
| Sep 30, 2023 | 20.57 Mn |
| Jun 30, 2023 | 7.67 Mn |
| Jun 30, 2023 | 7.67 Mn |