Wheels Up Experience (UP) Tax Rate (2021 - 2025)

Wheels Up Experience's Tax Rate history runs 5 years deep, the most recent figure standing at 1.58% for Q3 2025.

• In Q3 2025, Tax Rate fell 87.0% year-over-year to 1.58%; the TTM figure through Sep 2025 stood at 0.81% (down 41.0% YoY), while the FY2024 annual figure was 0.36%, down 8.0% from the prior year.
• Tax Rate was 1.58% for Q3 2025 at Wheels Up Experience, down from 1.18% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 0.15% in Q4 2022 to a low of 1.58% in Q3 2025.
• Historically, Tax Rate has averaged 0.41% across 5 years, with a median of 0.32% in 2022.
• Biggest YoY gain for Tax Rate was 33 bps in 2023; the steepest drop was 93 bps in 2023.
• A 5-year view of Tax Rate shows it stood at 0.03% in 2021, then surged by 606 bps to 0.15% in 2022, then plunged by 628 bps to 0.79% in 2023, then gained by 28 bps to 0.57% in 2024, then slumped by 178 bps to 1.58% in 2025.
• The last three Tax Rate figures came in at 1.58% (Q3 2025), 1.18% (Q2 2025), and 0.08% (Q1 2025), per Business Quant data.