Wheels Up Experience (UP) Non Operating Income (2020 - 2025)
Wheels Up Experience (UP) posted quarterly Non Operating Income of -$21.1 million for Q3 2025, down 36.18% year-over-year from -$33.0 million in Q3 2024, and up 3.12% quarter-over-quarter from -$21.7 million in Q2 2025.
Wheels Up Experience (UP) Non Operating Income (2020 - 2025) Analysis & Trends
Wheels Up Experience's Non Operating Income history runs 6 years deep, the most recent figure standing at -$21.1 million for Q3 2025.
- In Q3 2025, Non Operating Income fell 36.18% year-over-year to -$21.1 million; the TTM figure through Sep 2025 stood at -$95.0 million (down 54.52% YoY), while the FY2024 annual figure was -$79.6 million, down 87.57% from the prior year.
- Non Operating Income for Q3 2025 stood at -$21.1 million, up from -$21.7 million in the prior quarter.
- The five-year high for Non Operating Income was $9.1 million in Q3 2021, with the low at -$33.7 million in Q4 2024.
- The 5-year median for Non Operating Income is -$7.6 million (2023), against an average of -$9.1 million.
- The sharpest annual moves came in 2021 and 2023: Non Operating Income soared 263.45% in 2021, then tumbled 606.11% in 2023.
- Wheels Up Experience's Non Operating Income stood at $5.7 million in 2021, then tumbled by 165.74% to -$3.7 million in 2022, then sank by 316.03% to -$15.6 million in 2023, then sank by 116.57% to -$33.7 million in 2024, then jumped by 37.53% to -$21.1 million in 2025.
- Business Quant data shows UP's Non Operating Income at -$21.1 million in Q3 2025, -$21.7 million in Q2 2025, and -$18.5 million in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Op. Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Southeast Airport | 7.81 Bn | 7.16 Bn | - | - |
| 2 | Joby Aviation | 7.35 Bn | 7.35 Bn | 10.34 Mn | 15.58 Mn |
| 3 | Central North Airport | 4.92 Bn | 4.75 Bn | - | - |
| 4 | Corporacion America Airports | 3.78 Bn | 3.02 Bn | 198.55 Mn | -22.97 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 | -231,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | -21.06 Mn |
| Jun 30, 2025 | -21.74 Mn |
| Mar 31, 2025 | -18.47 Mn |
| Dec 31, 2024 | -33.72 Mn |
| Sep 30, 2024 | -15.47 Mn |
| Jun 30, 2024 | -17.48 Mn |
| Mar 31, 2024 | -12.96 Mn |
| Dec 31, 2023 | -15.57 Mn |
| Sep 30, 2023 | -15.23 Mn |
| Jun 30, 2023 | -7.62 Mn |
| Mar 31, 2023 | -4.03 Mn |
| Dec 31, 2022 | -3.74 Mn |
| Sep 30, 2022 | 3.01 Mn |
| Jun 30, 2022 | 1.68 Mn |
| Mar 31, 2022 | 3.68 Mn |
| Dec 31, 2021 | 5.69 Mn |
| Sep 30, 2021 | 9.12 Mn |
| Jun 30, 2021 | -4.16 Mn |
| Mar 31, 2021 | -4.55 Mn |
| Dec 31, 2020 | -4.82 Mn |