Wheels Up Experience (WSUPW) Asset Writedowns and Impairment (2020 - 2025)

Wheels Up Experience (WSUPW) recorded quarterly Asset Writedowns and Impairment of $20.2 million in Q1 2025, up 641.13% quarter-over-quarter from $2.7 million in Q4 2024.

Wheels Up Experience (WSUPW) Asset Writedowns and Impairment (2020 - 2025) Analysis & Trends

Wheels Up Experience's Asset Writedowns and Impairment history runs 5 years deep, the most recent figure standing at $20.2 million for Q1 2025.

  • In Q1 2025, Asset Writedowns and Impairment changed N/A year-over-year to $20.2 million; the TTM figure through Sep 2025 stood at $22.9 million (up 3829.11% YoY), while the FY2024 annual figure was $2.7 million, down 30.46% from the prior year.
  • Asset Writedowns and Impairment was $20.2 million for Q1 2025 at Wheels Up Experience, up from $2.7 million in the prior quarter.
  • In the past five years, Asset Writedowns and Impairment ranged from a high of $20.2 million in Q1 2025 to a low of -$384000.0 in Q1 2022.
  • Historically, Asset Writedowns and Impairment has averaged $3.3 million across 4 years, with a median of $624500.0 in 2021.
  • Biggest YoY gain for Asset Writedowns and Impairment was 161.88% in 2022; the steepest drop was 239.64% in 2022.
  • A 4-year view of Asset Writedowns and Impairment shows it stood at $2.1 million in 2021, then slumped by 72.2% to $584000.0 in 2022, then surged by 367.12% to $2.7 million in 2024, then soared by 641.13% to $20.2 million in 2025.
  • The last three Asset Writedowns and Impairment figures came in at $20.2 million (Q1 2025), $2.7 million (Q4 2024), and $584000.0 (Q2 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Pacific Airport 6,659.14 Bn 6,658.57 Bn 9.82 Bn
2 Joby Aviation 9.01 Bn 9.01 Bn 5.44 Mn
3 Southeast Airport 4.62 Bn 4.02 Bn -
4 Central North Airport 2.05 Bn 1.93 Bn -
5 Wheels Up Experience 259.93 Mn 126.00 Mn -
6 Volato 5.42 Mn 3.15 Mn 703,000.00
7 AerSale 3.97 Mn -405,177.49 -
8 Corporacion America Airports 11,914.50 -674.98 Mn 198.55 Mn
9 Icts International N V - - -
10 Wheels Up Experience - - -

Historic Data

Download Data
DateValue
Mar 31, 2025 20.22 Mn
Mar 31, 2025 20.22 Mn
Dec 31, 2024 2.73 Mn
Dec 31, 2024 2.73 Mn
Jun 30, 2022 584,000.00
Jun 30, 2022 584,000.00
Mar 31, 2022 -384,000.00
Mar 31, 2022 -384,000.00
Dec 31, 2021 2.10 Mn
Dec 31, 2021 2.10 Mn
Sep 30, 2021 665,000.00
Sep 30, 2021 665,000.00
Jun 30, 2021 223,000.00
Jun 30, 2021 223,000.00
Mar 31, 2021 275,000.00
Mar 31, 2021 275,000.00
Dec 31, 2020 6.79 Mn
Dec 31, 2020 6.79 Mn