Wheels Up Experience (UP) Revenue (2020 - 2025)
Wheels Up Experience (UP) posted Revenue of $185.5 million for Q3 2025, down 2.19% on a QoQ basis from $189.6 million in Q2 2025, and down 4.34% year-over-year from $193.9 million in Q3 2024.
Analysis
Wheels Up Experience (UP) Revenue (2020 - 2025) Analysis & Trends
Wheels Up Experience has reported Revenue for 6 years, with the latest figure at $185.5 million in Q3 2025.
- On a quarterly basis, Revenue fell 4.34% year-over-year to $185.5 million in Q3 2025; TTM through Sep 2025 was $757.5 million, a 9.14% decrease from a year earlier, with the FY2024 full-year figure at $792.1 million, down 36.8% from the prior year.
- Revenue was $185.5 million for Q3 2025 at Wheels Up Experience, down from $189.6 million in the prior quarter.
- The five-year high for Revenue was $425.5 million in Q2 2022, with the low at $177.5 million in Q1 2025.
- Average Revenue over 5 years is $282.7 million, with a median of $285.6 million recorded in 2021.
- The sharpest annual moves came in 2021 and 2024: Revenue soared 64.48% in 2021, then plunged 43.98% in 2024.
- Over 5 years, Revenue stood at $345.0 million in 2021, then advanced by 18.32% to $408.3 million in 2022, then slumped by 39.65% to $246.4 million in 2023, then decreased by 16.87% to $204.8 million in 2024, then decreased by 9.44% to $185.5 million in 2025.
- The last three Revenue figures came in at $185.5 million (Q3 2025), $189.6 million (Q2 2025), and $177.5 million (Q1 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 51.66 Bn | 46.99 Bn | 19.07 Bn | 19.76 Bn |
| 2 | Ryanair Holdings | 28.60 Bn | 24.67 Bn | - | 5.10 Bn |
| 3 | Southwest Airlines | 18.92 Bn | 15.13 Bn | 7.33 Bn | 8.43 Bn |
| 4 | Copa Holdings | 5.36 Bn | 4.10 Bn | 1.03 Bn | 1.06 Bn |
| 5 | Alaska Air | 4.49 Bn | 1.83 Bn | 3.76 Bn | 4.07 Bn |
| 6 | Skywest | 3.79 Bn | 3.19 Bn | 1.01 Bn | 1.10 Bn |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.29 Bn | 1.25 Bn | - | 1.48 Bn |
| 8 | Allegiant Travel | 1.75 Bn | 699.04 Mn | 902.77 Mn | 943.49 Mn |
| 9 | Jetblue Airways | 1.64 Bn | -375.44 Mn | 2.32 Bn | 2.70 Bn |
| 10 | Wheels Up Experience | 142.87 Mn | 8.95 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 185.49 Mn |
| Jun 30, 2025 | 189.64 Mn |
| Mar 31, 2025 | 177.53 Mn |
| Dec 31, 2024 | 204.82 Mn |
| Sep 30, 2024 | 193.90 Mn |
| Jun 30, 2024 | 196.29 Mn |
| Mar 31, 2024 | 197.10 Mn |
| Dec 31, 2023 | 246.38 Mn |
| Sep 30, 2023 | 320.06 Mn |
| Jun 30, 2023 | 335.06 Mn |
| Mar 31, 2023 | 351.81 Mn |
| Dec 31, 2022 | 408.26 Mn |
| Sep 30, 2022 | 420.36 Mn |
| Jun 30, 2022 | 425.51 Mn |
| Mar 31, 2022 | 325.64 Mn |
| Dec 31, 2021 | 345.04 Mn |
| Sep 30, 2021 | 301.98 Mn |
| Jun 30, 2021 | 285.58 Mn |
| Mar 31, 2021 | 261.66 Mn |
| Dec 31, 2020 | 209.77 Mn |