Wheels Up Experience (UP) Receivables - Net (2020 - 2025)
Wheels Up Experience's Receivables - Net came in at $24.25 million for Q4 2025, down 25.0% from $32.32 million a year earlier and down 25.1% from the prior quarter.
Wheels Up Experience (UP) Receivables - Net (2020 - 2025) Analysis & Trends
Going back to Q4 2020, Wheels Up Experience's Receivables - Net data covers 19 quarters.
- Receivables - Net has declined in each of the last three years, with a five-year compound annual growth rate of -13.6% (FY2020 to FY2025).
- Going back by year, Receivables - Net was $32.32 million in FY2024 (-15.5%), $38.24 million in FY2023 (-66.0%), $112.4 million in FY2022 (+41.6%) and $79.4 million in FY2021 (+57.6%).
- The Q4 2025 figure represents the lowest quarterly Receivables - Net in data going back to Q4 2020.
- Year-over-year, Receivables - Net increased in two of the last eight quarters, with an average decline of 22.4%.
- The fastest year-over-year change in Receivables - Net over five years came in Q3 2022 (growth of 84.5%), and the weakest in Q4 2023 (a decline of 66.0%).
- Business Quant data shows UP's Receivables - Net 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - |
| 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 | - |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn |
| 10 | Wheels Up Experience | 130.02 Mn | -408.08 Mn | - |
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 | 32.32 Mn |
| Sep 30, 2024 | 32.03 Mn |
| Jun 30, 2024 | 34.01 Mn |
| Mar 31, 2024 | 42.32 Mn |
| Dec 31, 2023 | 38.24 Mn |
| Sep 30, 2023 | 46.77 Mn |
| Jun 30, 2023 | 85.35 Mn |
| Mar 31, 2023 | 107.66 Mn |
| Dec 31, 2022 | 112.40 Mn |
| Sep 30, 2022 | 127.35 Mn |
| Jun 30, 2022 | 114.02 Mn |
| Mar 31, 2022 | 78.03 Mn |
| Dec 31, 2021 | 79.40 Mn |
| Sep 30, 2021 | 69.04 Mn |
| Dec 31, 2020 | 50.40 Mn |
Wheels Up Experience Receivables - Net 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-net&ticker=UP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "receivables-net", "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-net&ticker=UP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();