Wheels Up Experience (UP) Gross Profit (2020 - 2025)
Wheels Up Experience (UP) posted quarterly Gross Profit of $12.6 million for Q3 2025, down 53.38% year-over-year from $27.0 million in Q3 2024, and down 19.6% quarter-over-quarter from $15.7 million in Q2 2025.
Wheels Up Experience (UP) Gross Profit (2020 - 2025) Analysis & Trends
Wheels Up Experience's Gross Profit history runs 6 years deep, the most recent figure standing at $12.6 million for Q3 2025.
- In Q3 2025, Gross Profit fell 53.38% year-over-year to $12.6 million; the TTM figure through Sep 2025 stood at $75.9 million (up 192.83% YoY), while the FY2024 annual figure was $59.0 million, up 183.64% from the prior year.
- Gross Profit for Q3 2025 stood at $12.6 million, down from $15.7 million in the prior quarter.
- The five-year high for Gross Profit was $30.4 million in Q2 2021, with the low at -$7.1 million in Q1 2022.
- The 5-year median for Gross Profit is $15.7 million (2025), against an average of $12.8 million.
- The sharpest annual moves came in 2022 and 2023: Gross Profit soared 1998.01% in 2022, then sank 135.99% in 2023.
- Wheels Up Experience's Gross Profit stood at $602000.0 in 2021, then jumped by 1998.01% to $12.6 million in 2022, then sank by 135.99% to -$4.5 million in 2023, then soared by 728.14% to $28.5 million in 2024, then slumped by 55.84% to $12.6 million in 2025.
- Business Quant data shows UP's Gross Profit at $12.6 million in Q3 2025, $15.7 million in Q2 2025, and $19.1 million in Q1 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 |
|---|---|
| Sep 30, 2025 | 12.61 Mn |
| Sep 30, 2025 | 12.61 Mn |
| Jun 30, 2025 | 15.68 Mn |
| Jun 30, 2025 | 15.68 Mn |
| Mar 31, 2025 | 19.11 Mn |
| Mar 31, 2025 | 19.11 Mn |
| Dec 31, 2024 | 28.55 Mn |
| Dec 31, 2024 | 28.55 Mn |
| Sep 30, 2024 | 27.04 Mn |
| Sep 30, 2024 | 27.04 Mn |
| Jun 30, 2024 | 4.60 Mn |
| Jun 30, 2024 | 4.60 Mn |
| Mar 31, 2024 | -1.16 Mn |
| Mar 31, 2024 | -1.16 Mn |
| Dec 31, 2023 | -4.55 Mn |
| Dec 31, 2023 | -4.55 Mn |
| Sep 30, 2023 | 20.18 Mn |
| Sep 30, 2023 | 20.18 Mn |
| Jun 30, 2023 | 7.16 Mn |
| Jun 30, 2023 | 7.16 Mn |