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

Wheels Up Experience (WSUPW) recorded quarterly Operating Leases of $121.1 million in Q4 2025, up 120.57% quarter-over-quarter from $54.9 million in Q3 2025, and up 138.27% on a YoY basis from $50.8 million in Q4 2024.

Wheels Up Experience (WSUPW) Operating Leases (2020 - 2025) Analysis & Trends

Wheels Up Experience's Operating Leases history runs 6 years deep, the most recent figure standing at $121.1 million for Q4 2025.

  • In Q4 2025, Operating Leases rose 138.27% year-over-year to $121.1 million; the TTM figure through Dec 2025 stood at $121.1 million (up 138.27% YoY), while the FY2025 annual figure was $121.1 million, up 138.27% from the prior year.
  • Operating Leases was $121.1 million for Q4 2025 at Wheels Up Experience, up from $54.9 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $124.0 million in Q1 2022 to a low of $47.8 million in Q3 2024.
  • Historically, Operating Leases has averaged $77.0 million across 5 years, with a median of $79.8 million in 2023.
  • The sharpest annual moves came in 2024 and 2025: Operating Leases slumped 50.33% in 2024, then soared 138.27% in 2025.
  • A 5-year view of Operating Leases shows it stood at $83.5 million in 2021, then declined by 0.85% to $82.8 million in 2022, then tumbled by 33.59% to $55.0 million in 2023, then retreated by 7.54% to $50.8 million in 2024, then jumped by 138.27% to $121.1 million in 2025.
  • The last three Operating Leases figures came in at $121.1 million (Q4 2025), $54.9 million (Q3 2025), and $59.4 million (Q2 2025), 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
DateValue
Dec 31, 2025 121.07 Mn
Sep 30, 2025 54.89 Mn
Jun 30, 2025 59.37 Mn
Mar 31, 2025 53.08 Mn
Dec 31, 2024 50.81 Mn
Sep 30, 2024 47.82 Mn
Jun 30, 2024 49.89 Mn
Mar 31, 2024 51.09 Mn
Dec 31, 2023 54.96 Mn
Sep 30, 2023 82.55 Mn
Jun 30, 2023 100.44 Mn
Mar 31, 2023 77.14 Mn
Dec 31, 2022 82.76 Mn
Sep 30, 2022 87.03 Mn
Jun 30, 2022 119.18 Mn
Mar 31, 2022 124.00 Mn
Dec 31, 2021 83.46 Mn
Sep 30, 2021 87.09 Mn
Dec 31, 2020 56.36 Mn