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Wheels Up Experience (UP) Research & Development (2020 - 2025)

Wheels Up Experience has reported Research & Development over the past 6 years, most recently at $10.2 million for Q3 2025.

  • For Q3 2025, Research & Development rose 6.0% year-over-year to $10.2 million; the TTM value through Sep 2025 reached $39.5 million, down 7.65%, while the annual FY2024 figure was $40.7 million, 34.24% down from the prior year.
  • Research & Development for Q3 2025 was $10.2 million at Wheels Up Experience, up from $9.4 million in the prior quarter.
  • Over five years, Research & Development peaked at $20.0 million in Q3 2023 and troughed at $7.0 million in Q1 2021.
  • A 5-year average of $11.8 million and a median of $10.5 million in 2024 define the central range for Research & Development.
  • Biggest five-year swings in Research & Development: skyrocketed 89.75% in 2022 and later plummeted 51.94% in 2024.
  • Year by year, Research & Development stood at $9.8 million in 2021, then surged by 51.66% to $14.8 million in 2022, then dropped by 21.59% to $11.6 million in 2023, then fell by 18.28% to $9.5 million in 2024, then increased by 7.21% to $10.2 million in 2025.
  • Business Quant data shows Research & Development for UP at $10.2 million in Q3 2025, $9.4 million in Q2 2025, and $10.5 million in Q1 2025.