Wheels Up Experience (UP) Receivables (2020 - 2025)
Wheels Up Experience's Receivables came in at $24.25 million for Q4 2025, down 27.6% from $33.5 million a year earlier and down 25.1% from the prior quarter.
Analysis
Wheels Up Experience (UP) Receivables (2020 - 2025) Analysis & Trends
Going back to Q4 2020, Wheels Up Experience's Receivables data covers 19 quarters.
- Receivables has declined in each of the last three years, with a five-year compound annual growth rate of -16.2% (FY2020 to FY2025).
- Going back by year, Receivables was $33.5 million in FY2024 (-32.7%), $49.77 million in FY2023 (-57.8%), $117.92 million in FY2022 (+34.8%) and $87.46 million in FY2021 (+49.3%).
- The Q4 2025 figure represents the lowest quarterly Receivables in data going back to Q4 2020.
- Year-over-year, Receivables increased in two of the last eight quarters, with an average decline of 27.4%.
- The fastest year-over-year change in Receivables over five years came in Q3 2022 (growth of 72.2%), and the weakest in Q2 2024 (a decline of 61.9%).
- Business Quant data shows UP's Receivables at $32.39 million (Q3 2025), $38.71 million (Q2 2025) and $41.8 million (Q1 2025) in the three quarters before Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 2.13 Bn |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 1.46 Bn |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | 1.63 Bn |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 10.71 Bn |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 1.18 Bn |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | 12.67 Bn |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | 4.31 Bn |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 618.02 Mn |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 111.35 Mn |
| 10 | Wheels Up Experience | 130.02 Mn | -408.08 Mn | - | 24.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 24.25 Mn |
| Sep 30, 2025 | 32.39 Mn |
| Jun 30, 2025 | 38.71 Mn |
| Mar 31, 2025 | 41.80 Mn |
| Dec 31, 2024 | 33.50 Mn |
| Sep 30, 2024 | 32.03 Mn |
| Jun 30, 2024 | 34.01 Mn |
| Mar 31, 2024 | 51.63 Mn |
| Dec 31, 2023 | 49.77 Mn |
| Sep 30, 2023 | 54.23 Mn |
| Jun 30, 2023 | 89.22 Mn |
| Mar 31, 2023 | 107.66 Mn |
| Dec 31, 2022 | 117.92 Mn |
| Sep 30, 2022 | 136.27 Mn |
| Jun 30, 2022 | 126.14 Mn |
| Mar 31, 2022 | 86.95 Mn |
| Dec 31, 2021 | 87.46 Mn |
| Sep 30, 2021 | 79.16 Mn |
| Dec 31, 2020 | 58.60 Mn |
API Access
Wheels Up Experience Receivables 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=receivables&ticker=UP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "receivables", "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=receivables&ticker=UP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();