Growth Metrics

Wheels Up Experience (UP) Net Margin (2020 - 2025)

Wheels Up Experience (UP) has 6 years of Net Margin data on record, last reported at 45.14% in Q3 2025.

  • For Q3 2025, Net Margin fell 1537.0% year-over-year to 45.14%; the TTM value through Sep 2025 reached 46.59%, down 663.0%, while the annual FY2024 figure was 42.88%, 399.0% down from the prior year.
  • Net Margin reached 45.14% in Q3 2025 per UP's latest filing, down from 43.39% in the prior quarter.
  • Across five years, Net Margin topped out at 10.14% in Q2 2021 and bottomed at 70.28% in Q4 2022.
  • Average Net Margin over 5 years is 38.14%, with a median of 42.76% recorded in 2024.
  • The widest YoY moves for Net Margin: up 34633bps in 2021, down -5618bps in 2021.
  • A 5-year view of Net Margin shows it stood at 57.16% in 2021, then decreased by -23bps to 70.28% in 2022, then surged by 53bps to 32.9% in 2023, then fell by -30bps to 42.76% in 2024, then fell by -6bps to 45.14% in 2025.
  • Per Business Quant database, its latest 3 readings for Net Margin were 45.14% in Q3 2025, 43.39% in Q2 2025, and 55.95% in Q1 2025.