Wheels Up Experience (UP) EBIT (2020 - 2025)
Wheels Up Experience (UP) posted quarterly EBIT of -$61.3 million for Q3 2025, down 46.53% year-over-year from -$114.7 million in Q3 2024, and down 2.91% quarter-over-quarter from -$59.6 million in Q2 2025.
Wheels Up Experience (UP) EBIT (2020 - 2025) Analysis & Trends
Wheels Up Experience's EBIT history runs 6 years deep, the most recent figure standing at -$61.3 million for Q3 2025.
- In Q3 2025, EBIT fell 46.53% year-over-year to -$61.3 million; the TTM figure through Sep 2025 stood at -$255.0 million (up 5.68% YoY), while the FY2024 annual figure was -$258.8 million, up 41.66% from the prior year.
- EBIT for Q3 2025 stood at -$61.3 million, down from -$59.6 million in the prior quarter.
- The five-year high for EBIT was -$24.8 million in Q2 2021, with the low at -$221.5 million in Q4 2022.
- The 5-year median for EBIT is -$80.8 million (2025), against an average of -$94.1 million.
- The sharpest annual moves came in 2021 and 2023: EBIT tumbled 9515.21% in 2021, then surged 70.69% in 2023.
- Wheels Up Experience's EBIT stood at -$203.3 million in 2021, then declined by 8.97% to -$221.5 million in 2022, then soared by 70.69% to -$64.9 million in 2023, then climbed by 17.85% to -$53.3 million in 2024, then retreated by 15.02% to -$61.3 million in 2025.
- Business Quant data shows UP's EBIT at -$61.3 million in Q3 2025, -$59.6 million in Q2 2025, and -$80.8 million in Q1 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Southeast Airport | 7.81 Bn | 7.16 Bn | - | - |
| 2 | Joby Aviation | 7.35 Bn | 7.35 Bn | 10.34 Mn | -260.88 Mn |
| 3 | Central North Airport | 4.92 Bn | 4.75 Bn | - | - |
| 4 | Corporacion America Airports | 3.78 Bn | 3.02 Bn | 198.55 Mn | 139.47 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 | -98,611.00 |
| 9 | Volato | 2.16 Mn | -115,021.80 | 703,000.00 | -2.35 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | -61.34 Mn |
| Jun 30, 2025 | -59.60 Mn |
| Mar 31, 2025 | -80.77 Mn |
| Dec 31, 2024 | -53.33 Mn |
| Sep 30, 2024 | -41.86 Mn |
| Jun 30, 2024 | -79.05 Mn |
| Mar 31, 2024 | -84.55 Mn |
| Dec 31, 2023 | -64.92 Mn |
| Sep 30, 2023 | -129.01 Mn |
| Jun 30, 2023 | -152.99 Mn |
| Mar 31, 2023 | -96.65 Mn |
| Dec 31, 2022 | -221.50 Mn |
| Sep 30, 2022 | -151.66 Mn |
| Jun 30, 2022 | -94.12 Mn |
| Mar 31, 2022 | -92.72 Mn |
| Dec 31, 2021 | -203.28 Mn |
| Sep 30, 2021 | -68.57 Mn |
| Jun 30, 2021 | -24.80 Mn |
| Mar 31, 2021 | -27.67 Mn |
| Dec 31, 2020 | -2.11 Mn |