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| Date | Value |
|---|---|
| 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 |