Wheels Up Experience (UP) Current Deferred Revenue (2020 - 2025)
Wheels Up Experience (UP) posted quarterly Current Deferred Revenue of $738.9 million for Q4 2025, down 1.44% year-over-year from $749.6 million in Q4 2024, and up 3.89% quarter-over-quarter from $711.2 million in Q3 2025.
Wheels Up Experience (UP) Current Deferred Revenue (2020 - 2025) Analysis & Trends
Wheels Up Experience's Current Deferred Revenue history runs 6 years deep, the most recent figure standing at $738.9 million for Q4 2025.
- In Q4 2025, Current Deferred Revenue fell 1.44% year-over-year to $738.9 million; the TTM figure through Dec 2025 stood at $738.9 million (down 1.44% YoY), while the FY2025 annual figure was $738.9 million, down 1.44% from the prior year.
- Current Deferred Revenue for Q4 2025 stood at $738.9 million, up from $711.2 million in the prior quarter.
- The five-year high for Current Deferred Revenue was $1.1 billion in Q4 2022, with the low at $587.3 million in Q3 2021.
- The 5-year median for Current Deferred Revenue is $744.2 million (2024), against an average of $808.8 million.
- The sharpest annual moves came in 2022 and 2023: Current Deferred Revenue jumped 64.87% in 2022, then sank 34.16% in 2023.
- Wheels Up Experience's Current Deferred Revenue stood at $935.5 million in 2021, then gained by 17.59% to $1.1 billion in 2022, then sank by 34.16% to $724.2 million in 2023, then gained by 3.5% to $749.6 million in 2024, then dropped by 1.44% to $738.9 million in 2025.
- Business Quant data shows UP's Current Deferred Revenue at $738.9 million in Q4 2025, $711.2 million in Q3 2025, and $727.1 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Southeast Airport | 7.81 Bn | 7.16 Bn | - |
| 2 | Joby Aviation | 7.35 Bn | 7.35 Bn | 10.34 Mn |
| 3 | Central North Airport | 4.92 Bn | 4.75 Bn | - |
| 4 | Corporacion America Airports | 3.78 Bn | 3.02 Bn | 198.55 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 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 738.85 Mn |
| Sep 30, 2025 | 711.19 Mn |
| Jun 30, 2025 | 727.10 Mn |
| Mar 31, 2025 | 758.31 Mn |
| Dec 31, 2024 | 749.61 Mn |
| Sep 30, 2024 | 711.42 Mn |
| Jun 30, 2024 | 702.64 Mn |
| Mar 31, 2024 | 698.79 Mn |
| Dec 31, 2023 | 724.23 Mn |
| Sep 30, 2023 | 692.37 Mn |
| Jun 30, 2023 | 830.02 Mn |
| Mar 31, 2023 | 977.43 Mn |
| Dec 31, 2022 | 1.10 Bn |
| Sep 30, 2022 | 968.25 Mn |
| Jun 30, 2022 | 1.04 Bn |
| Mar 31, 2022 | 905.08 Mn |
| Dec 31, 2021 | 935.48 Mn |
| Sep 30, 2021 | 587.27 Mn |
| Dec 31, 2020 | 653.08 Mn |