Growth Metrics

Wheels Up Experience (UP) Operating Expenses (2020 - 2025)

Historic Operating Expenses for Wheels Up Experience (UP) over the last 6 years, with Q3 2025 value amounting to $246.8 million.

  • Wheels Up Experience's Operating Expenses rose 469.07% to $246.8 million in Q3 2025 from the same period last year, while for Sep 2025 it was $1.0 billion, marking a year-over-year decrease of 829.2%. This contributed to the annual value of $1.1 billion for FY2024, which is 3806.88% down from last year.
  • Wheels Up Experience's Operating Expenses amounted to $246.8 million in Q3 2025, which was up 469.07% from $249.2 million recorded in Q2 2025.
  • In the past 5 years, Wheels Up Experience's Operating Expenses ranged from a high of $629.8 million in Q4 2022 and a low of $235.8 million during Q3 2024
  • In the last 5 years, Wheels Up Experience's Operating Expenses had a median value of $311.3 million in 2023 and averaged $370.5 million.
  • Per our database at Business Quant, Wheels Up Experience's Operating Expenses surged by 11970.89% in 2021 and then tumbled by 5056.93% in 2023.
  • Quarter analysis of 5 years shows Wheels Up Experience's Operating Expenses stood at $427.3 million in 2021, then soared by 47.39% to $629.8 million in 2022, then crashed by 50.57% to $311.3 million in 2023, then dropped by 17.07% to $258.1 million in 2024, then dropped by 4.39% to $246.8 million in 2025.
  • Its Operating Expenses was $246.8 million in Q3 2025, compared to $249.2 million in Q2 2025 and $258.3 million in Q1 2025.