Wheels Up Experience (WSUPW) Net Margin (2020 - 2025)
Wheels Up Experience (WSUPW) recorded quarterly Net Margin of 45.12% in Q3 2025, down 3.98% quarter-over-quarter from 43.4% in Q2 2025, and down 1535.0% on a YoY basis from 3.14% in Q3 2024.
Wheels Up Experience (WSUPW) Net Margin (2020 - 2025) Analysis & Trends
Wheels Up Experience's Net Margin history runs 6 years deep, the most recent figure standing at 45.12% for Q3 2025.
- In Q3 2025, Net Margin fell 1535.0% year-over-year to 45.12%; the TTM figure through Sep 2025 stood at 46.58% (down 662.0% YoY), while the FY2024 annual figure was 42.88%, down 399.0% from the prior year.
- Net Margin was 45.12% for Q3 2025 at Wheels Up Experience, down from 43.4% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 10.14% in Q2 2021 to a low of 57.16% in Q4 2021.
- Historically, Net Margin has averaged 37.34% across 5 years, with a median of 42.74% in 2024.
- The sharpest annual moves came in 2021 and 2023: Net Margin tumbled 4090 bps in 2021, then surged 2217 bps in 2023.
- A 5-year view of Net Margin shows it stood at 57.16% in 2021, then grew by 4 bps to 55.09% in 2022, then surged by 40 bps to 32.92% in 2023, then decreased by 30 bps to 42.74% in 2024, then slipped by 6 bps to 45.12% in 2025.
- The last three Net Margin figures came in at 45.12% (Q3 2025), 43.4% (Q2 2025), and 55.94% (Q1 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Pacific Airport | 6,659.14 Bn | 6,658.57 Bn | 9.82 Bn | 47.08% |
| 2 | Joby Aviation | 9.01 Bn | 9.01 Bn | 5.44 Mn | -453.48% |
| 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 | -5.12% |
| 7 | AerSale | 3.97 Mn | -405,177.49 | - | - |
| 8 | Corporacion America Airports | 11,914.50 | -674.98 Mn | 198.55 Mn | 14.33% |
| 9 | Icts International N V | - | - | - | - |
| 10 | Wheels Up Experience | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | -45.12% |
| Jun 30, 2025 | -43.40% |
| Mar 31, 2025 | -55.94% |
| Dec 31, 2024 | -42.74% |
| Sep 30, 2024 | -29.77% |
| Jun 30, 2024 | -49.38% |
| Mar 31, 2024 | -49.41% |
| Dec 31, 2023 | -32.92% |
| Sep 30, 2023 | -45.25% |
| Jun 30, 2023 | -47.93% |
| Mar 31, 2023 | -28.67% |
| Dec 31, 2022 | -55.09% |
| Sep 30, 2022 | -35.41% |
| Jun 30, 2022 | -21.79% |
| Mar 31, 2022 | -27.34% |
| Dec 31, 2021 | -57.16% |
| Sep 30, 2021 | -19.69% |
| Jun 30, 2021 | -10.14% |
| Mar 31, 2021 | -12.31% |
| Dec 31, 2020 | -16.26% |