Wheels Up Experience (WSUPW) Operating Expenses (2020 - 2025)

Wheels Up Experience's Operating Expenses history runs 6 years deep, the most recent figure standing at $246.8 million for Q3 2025.

• In Q3 2025, Operating Expenses rose 4.69% year-over-year to $246.8 million; the TTM figure through Dec 2025 stood at $754.4 million (down 28.22% YoY), while the FY2024 annual figure was $1.1 billion, down 38.07% from the prior year.
• Operating Expenses was $246.8 million for Q3 2025 at Wheels Up Experience, down from $249.2 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $629.8 million in Q4 2022 to a low of $235.8 million in Q3 2024.
• Historically, Operating Expenses has averaged $370.5 million across 5 years, with a median of $311.3 million in 2023.
• The sharpest annual moves came in 2021 and 2023: Operating Expenses surged 20110.97% in 2021, then slumped 50.57% in 2023.
• A 5-year view of Operating Expenses shows it stood at $427.3 million in 2021, then soared by 47.39% to $629.8 million in 2022, then tumbled by 50.57% to $311.3 million in 2023, then decreased by 17.07% to $258.1 million in 2024, then declined by 4.39% to $246.8 million in 2025.
• The last three Operating Expenses figures came in at $246.8 million (Q3 2025), $249.2 million (Q2 2025), and $258.3 million (Q1 2025), per Business Quant data.