Wheels Up Experience (WSUPW) Operating Income (2020 - 2025)
Wheels Up Experience (WSUPW) recorded quarterly Operating Income of -$61.3 million in Q3 2025, down 2.91% quarter-over-quarter from -$59.6 million in Q2 2025, and down 46.53% on a YoY basis from -$114.7 million in Q3 2024.
Wheels Up Experience (WSUPW) Operating Income (2020 - 2025) Analysis & Trends
Wheels Up Experience's Operating Income history runs 6 years deep, the most recent figure standing at -$61.3 million for Q3 2025.
- In Q3 2025, Operating Income fell 46.53% year-over-year to -$61.3 million; the TTM figure through Sep 2025 stood at -$255.0 million (up 5.68% YoY), while the FY2024 annual figure was -$258.8 million, up 41.66% from the prior year.
- Operating Income was -$61.3 million for Q3 2025 at Wheels Up Experience, down from -$59.6 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of -$24.8 million in Q2 2021 to a low of -$221.5 million in Q4 2022.
- Historically, Operating Income has averaged -$94.1 million across 5 years, with a median of -$80.8 million in 2025.
- The sharpest annual moves came in 2021 and 2023: Operating Income plunged 9515.21% in 2021, then soared 70.69% in 2023.
- A 5-year view of Operating Income shows it stood at -$203.3 million in 2021, then fell by 8.97% to -$221.5 million in 2022, then jumped by 70.69% to -$64.9 million in 2023, then grew by 17.85% to -$53.3 million in 2024, then decreased by 15.02% to -$61.3 million in 2025.
- The last three Operating Income figures came in at -$61.3 million (Q3 2025), -$59.6 million (Q2 2025), and -$80.8 million (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Pacific Airport | 6,659.14 Bn | 6,658.57 Bn | 9.82 Bn | 5.06 Bn |
| 2 | Joby Aviation | 9.01 Bn | 9.01 Bn | 5.44 Mn | -233.58 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 | -2.35 Mn |
| 7 | AerSale | 3.97 Mn | -405,177.49 | - | - |
| 8 | Corporacion America Airports | 11,914.50 | -674.98 Mn | 198.55 Mn | 139.47 Mn |
| 9 | Icts International N V | - | - | - | - |
| 10 | Wheels Up Experience | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | -61.34 Mn |
| Jun 30, 2025 | -59.60 Mn |
| Mar 31, 2025 | -80.77 Mn |
| Dec 31, 2024 | -53.33 Mn |
| Sep 30, 2024 | -41.86 Mn |
| Jun 30, 2024 | -79.05 Mn |
| Mar 31, 2024 | -84.55 Mn |
| Dec 31, 2023 | -64.92 Mn |
| Sep 30, 2023 | -129.01 Mn |
| Jun 30, 2023 | -152.99 Mn |
| Mar 31, 2023 | -96.65 Mn |
| Dec 31, 2022 | -221.50 Mn |
| Sep 30, 2022 | -151.66 Mn |
| Jun 30, 2022 | -94.12 Mn |
| Mar 31, 2022 | -92.72 Mn |
| Dec 31, 2021 | -203.28 Mn |
| Sep 30, 2021 | -68.57 Mn |
| Jun 30, 2021 | -24.80 Mn |
| Mar 31, 2021 | -27.67 Mn |
| Dec 31, 2020 | -2.11 Mn |