Wheels Up Experience (UP) Interest Expenses (2020 - 2025)
Wheels Up Experience's Interest Expenses was $23.51 million in Q3 2025, up 46.6% from $16.04 million a year earlier and up 6.5% from the prior quarter.
Powered by 
Analysis
Wheels Up Experience (UP) Interest Expenses (2020 - 2025) Analysis & Trends
On a trailing twelve-month basis, Wheels Up Experience's Interest Expenses was $83.56 million through Sep 30, 2025, up 35.9% year-over-year; for FY2024, it was $65.35 million, up 58.4% from FY2023.
- Interest Expenses shows a five-year compound annual growth rate of 17.4% (FY2019 to FY2024).
- In earlier years, Interest Expenses was $41.26 million in FY2023 (+449.0%), $7.52 million in FY2022 (-21.1%), $9.52 million in FY2021 (-58.6%) and $22.99 million in FY2020 (-21.7%).
- The Q3 2025 figure marks the highest quarterly Interest Expenses in data going back to Q3 2020.
- Compared with a year earlier, Interest Expenses has increased for eight straight quarters, with growth averaging 58.9% over the last eight quarters.
- The best year-over-year quarter for Interest Expenses over five years was Q2 2024 (growth of 117.6%); the worst was Q4 2021 (a decline of 99.7%).
- Per Business Quant data, UP's Interest Expenses in the three quarters before Q3 2025 was $22.08 million (Q2 2025), $19.88 million (Q1 2025) and $18.09 million (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 313.00 Mn |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 211.00 Mn |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | - |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 272.00 Mn |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 197.00 Mn |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | - |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | - |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 76,000.00 |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | -17.32 Mn |
| 10 | Wheels Up Experience | 130.02 Mn | -408.08 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 23.51 Mn |
| Jun 30, 2025 | 22.08 Mn |
| Mar 31, 2025 | 19.88 Mn |
| Dec 31, 2024 | 18.09 Mn |
| Sep 30, 2024 | 16.04 Mn |
| Jun 30, 2024 | 16.67 Mn |
| Mar 31, 2024 | 14.56 Mn |
| Dec 31, 2023 | 14.22 Mn |
| Sep 30, 2023 | 11.26 Mn |
| Jun 30, 2023 | 7.66 Mn |
| Mar 31, 2023 | 8.12 Mn |
| Dec 31, 2022 | 7.52 Mn |
| Dec 31, 2021 | 16,000.00 |
| Sep 30, 2021 | 782,000.00 |
| Jun 30, 2021 | 4.16 Mn |
| Mar 31, 2021 | 4.56 Mn |
| Dec 31, 2020 | 4.86 Mn |
| Sep 30, 2020 | 5.61 Mn |
API Access
Wheels Up Experience Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=UP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "UP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=UP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();