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
DateValue
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