Wheels Up Experience reported total assets of $968.81M and total liabilities of $1360.91M for the quarter ended Dec 2025, down 16.3% year over year. This balance sheet covers 22 quarters of results from Sep 2020 through Dec 2025, standardized by Business Quant from the company’s SEC filings.
| Balance Sheet | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||
| Cash & EquivalentsCash & Equiv. | 215.03M | 160.65M | 535.25M | 784.57M | 537.70M | 426.98M | 285.50M | 585.88M | 363.18M | 151.83M | 244.85M | 263.91M | 180.86M | 141.49M | 115.91M | 216.43M | 171.84M | 107.00M | 125.33M | 133.93M | ||
| Cash & Current Investments | 215.03M | 160.65M | 535.25M | 784.57M | 537.70M | 426.98M | 285.50M | 585.88M | 363.18M | 151.83M | 244.85M | 263.91M | 180.86M | 141.49M | 115.91M | 216.43M | 171.84M | 107.00M | 125.33M | 133.93M | ||
| Receivables - NetNet Receivables | 69.04M | 79.40M | 78.03M | 114.02M | 127.35M | 112.40M | 107.66M | 85.35M | 46.77M | 38.24M | 42.32M | 34.01M | 32.03M | 32.32M | 41.80M | 38.70M | 32.39M | 24.25M | ||||
| Receivables - OtherOther Receivables | 10.11M | 8.06M | 8.91M | 12.11M | 8.92M | 5.52M | 3.87M | 7.45M | 11.53M | 9.31M | 1.18M | |||||||||||
| Receivables | 79.16M | 87.46M | 86.95M | 126.14M | 136.27M | 117.92M | 107.66M | 89.22M | 54.23M | 49.77M | 51.63M | 34.01M | 32.03M | 33.50M | 41.80M | 38.70M | 32.39M | 24.25M | ||||
| Inventory | 8.74M | 9.41M | 9.69M | 12.36M | 18.13M | 29.00M | 39.33M | 23.42M | 23.98M | 20.40M | 20.56M | 21.24M | 22.54M | 12.18M | 12.72M | 12.16M | 9.14M | 11.59M | ||||
| Prepaid Assets | 0.42M | 0.22M | 34.11M | 21.79M | 42.34M | 40.48M | 38.56M | 39.72M | 47.36M | 53.63M | 46.51M | 55.72M | 43.36M | 33.61M | 29.49M | 23.55M | 32.01M | 22.30M | 25.16M | 27.09M | ||
| Current Assets | 0.48M | 0.25M | 657.26M | 933.07M | 732.88M | 691.94M | 551.59M | 819.62M | 603.13M | 349.87M | 409.77M | 434.03M | 332.90M | 288.81M | 271.31M | 332.07M | 298.81M | 233.67M | 248.28M | 249.36M | ||
| Non-Current Assets | ||||||||||||||||||||||
| Property, Plant & Equipment (Net)PP&E (Net) | 313.99M | 317.84M | 380.23M | 389.39M | 387.80M | 394.56M | 398.71M | 401.02M | 362.05M | 337.71M | 321.90M | 287.39M | 266.53M | 348.34M | 333.42M | 317.91M | 305.42M | 219.73M | ||||
| Long-Term Investments | 239.84M | 239.84M | ||||||||||||||||||||
| Goodwill | 437.18M | 437.40M | 449.57M | 528.33M | 459.85M | 348.12M | 350.23M | 282.13M | 214.81M | 218.21M | 217.52M | 217.66M | 222.48M | 217.04M | 219.48M | 224.42M | 209.93M | 209.90M | ||||
| Intangibles | 152.42M | 146.96M | 141.73M | 154.67M | 146.88M | 141.76M | 136.19M | 130.59M | 122.78M | 117.77M | 112.45M | 107.27M | 102.66M | 96.90M | 92.06M | 87.37M | 80.06M | 75.10M | ||||
| Goodwill & Intangibles | 589.60M | 584.36M | 591.31M | 682.99M | 606.73M | 489.88M | 486.42M | 412.72M | 337.59M | 335.97M | 329.96M | 324.93M | 325.14M | 313.95M | 311.53M | 311.79M | 289.99M | 285.00M | ||||
| Other Non-Current Assets | 15.26M | 12.08M | 2.18M | 35.07M | 60.75M | 64.00M | 63.95M | 78.16M | 123.17M | 131.15M | 144.49M | 110.51M | 101.05M | 125.10M | 125.56M | 76.70M | 76.85M | 75.95M | 70.87M | 72.27M | ||
| Non-Current Assets | 239.84M | 239.84M | 1,019.24M | 1,047.99M | 1,152.10M | 1,277.11M | 1,196.14M | 1,103.61M | 1,107.33M | 1,036.30M | 917.93M | 882.03M | 848.39M | 797.48M | 771.83M | 825.94M | 792.17M | 772.05M | 724.73M | 719.46M | ||
| Assets | 240.32M | 240.09M | 1,676.49M | 1,981.06M | 1,884.98M | 1,969.05M | 1,747.74M | 1,923.22M | 1,710.46M | 1,386.17M | 1,327.69M | 1,316.06M | 1,181.29M | 1,086.29M | 1,043.14M | 1,158.01M | 1,090.98M | 1,005.73M | 973.00M | 968.81M | ||
| Liabilities | ||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||
| Accounts Payables | 42.36M | 43.67M | 51.50M | 61.96M | 48.96M | 43.17M | 42.23M | 52.11M | 25.57M | 32.97M | 45.69M | 41.93M | 35.00M | 29.98M | 37.87M | 35.36M | 30.86M | 20.44M | ||||
| Notes Payables | 0.10M | 0.25M | ||||||||||||||||||||
| Payables | 0.10M | 0.25M | 42.36M | 43.67M | 51.50M | 61.96M | 48.96M | 43.17M | 42.23M | 52.11M | 25.57M | 32.97M | 45.69M | 41.93M | 35.00M | 29.98M | 37.87M | 35.36M | 30.86M | 20.44M | ||
| Accumulated Expenses | 3.87M | 3.95M | 83.23M | 107.15M | 102.33M | 124.07M | 128.56M | 148.95M | 137.72M | 115.86M | 100.81M | 102.47M | 90.12M | 88.12M | 94.37M | 89.48M | 84.89M | 96.10M | 100.69M | 104.01M | ||
| Other Accumulated Expenses | 14.94M | 17.07M | 16.19M | 16.68M | 18.13M | 18.02M | 48.96M | 47.63M | 26.20M | 0.42M | 1.92M | 20.72M | 17.90M | 16.64M | 12.75M | 12.08M | 14.44M | 25.21M | ||||
| Short term Debt | 0.13M | 27.01M | 27.01M | 26.50M | 25.23M | 24.00M | 22.27M | 21.15M | 30.05M | 31.75M | 31.66M | 31.54M | 30.34M | 19.04M | ||||||||
| Current Deferred Revenue | 585.32M | 933.53M | 903.25M | 1,039.28M | 966.37M | 1,075.13M | 975.74M | 828.61M | 691.21M | 723.25M | 698.01M | 702.17M | 711.10M | 749.43M | 758.23M | 727.10M | 711.19M | 738.85M | ||||
| Total Current Liabilities | 4.34M | 4.57M | 760.30M | 1,135.04M | 1,103.96M | 1,272.37M | 1,194.06M | 1,344.22M | 1,231.65M | 1,070.72M | 869.02M | 907.50M | 878.73M | 874.11M | 888.41M | 917.28M | 925.40M | 902.18M | 887.52M | 907.56M | ||
| Non-Current Liabilities | ||||||||||||||||||||||
| Non-Current Debt | 0.02M | 226.23M | 220.40M | 210.05M | 235.43M | 235.07M | 222.78M | 218.61M | 209.59M | 376.31M | 382.76M | 391.33M | 393.57M | 316.36M | ||||||||
| Non-Current Deffered Revenue | 8.39M | 8.39M | 1.95M | 1.96M | 1.83M | 1.79M | 1.89M | 1.74M | 1.16M | 0.98M | 0.18M | |||||||||||
| Preferred Stock Liabilities | 239.84M | 239.84M | ||||||||||||||||||||
| Minority Interest | 10.47M | 6.08M | 2.84M | 2.48M | 10.88M | 1.09M | 3.49M | 5.88M | 8.22M | |||||||||||||
| Operating Leases | 87.09M | 83.46M | 95.31M | 90.80M | 87.03M | 82.75M | 77.14M | 71.32M | 58.91M | 54.96M | 51.09M | 49.89M | 47.82M | 50.81M | 53.08M | 50.77M | 46.93M | 121.07M | ||||
| Other Non-Current Liabilities | 3.55M | 0.03M | 0.03M | 3.74M | 2.74M | 3.52M | 18.09M | 21.26M | 17.87M | 6.98M | 6.58M | 14.74M | 11.51M | 9.84M | 9.62M | 9.19M | 19.53M | 15.93M | ||||
| Total Non-Current Liabilities | 879.89M | 1,244.81M | 1,221.32M | 1,382.55M | 1,297.56M | 1,667.79M | 1,529.18M | 1,352.10M | 1,164.58M | 1,211.68M | 1,173.78M | 1,143.70M | 1,149.30M | 1,350.28M | 1,369.47M | 1,344.29M | 1,328.02M | 1,344.98M | ||||
| Total Liabilities | -52.88M | -25.51M | 883.44M | 1,244.84M | 1,221.35M | 1,386.29M | 1,300.30M | 1,671.31M | 1,547.28M | 1,373.35M | 1,182.45M | 1,218.66M | 1,180.36M | 1,158.44M | 1,160.80M | 1,360.12M | 1,379.09M | 1,353.48M | 1,347.55M | 1,360.91M | ||
| Shareholder's Equity | ||||||||||||||||||||||
| Total Debt | 0.10M | 0.25M | 0.15M | 253.24M | 247.40M | 236.56M | 260.66M | 259.07M | 245.04M | 239.76M | 239.63M | 408.06M | 414.42M | 422.88M | 423.91M | 335.40M | ||||||
| Common Equity | 293.20M | 265.59M | 793.06M | 736.23M | 663.63M | 582.76M | 447.44M | 251.92M | 163.19M | 12.82M | 145.24M | 97.40M | 0.94M | -72.15M | -117.67M | -202.11M | -288.11M | -347.75M | -374.55M | -392.10M | ||
| Liabilities and Shareholders Equity | 240.32M | 240.09M | 1,676.49M | 1,981.06M | 1,884.98M | 1,969.05M | 1,747.74M | 1,923.22M | 1,710.46M | 1,386.17M | 1,327.69M | 1,316.06M | 1,181.29M | 1,086.29M | 1,043.14M | 1,158.01M | 1,090.98M | 1,005.73M | 973.00M | 968.81M | ||
| Treasury Shares | 1.68M | 1.91M | 2.39M | 0.26M | 2.64M | 0.27M | 0.28M | 0.28M | 0.37M | 0.39M | 0.44M | 0.44M | 0.03M | 0.81M | 1.27M | 0.08M | ||||||
| Retained Earnings | -30.03M | -36.76M | -677.49M | -720.71M | -809.37M | -902.13M | -1050.96M | -1275.87M | -1376.74M | -1537.33M | -1682.14M | -1763.26M | -1860.65M | -1957.63M | -2015.36M | -2102.89M | -2202.21M | -2284.51M | -2368.24M | -2397.11M |
Pull Wheels Up Experience's standardized financial statements into your own models, spreadsheets and apps with the Business Quant Financial Statements API. The request below follows the statement, frequency and period selected above. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/statements?ticker=UP&statement=BS&frequency=Quarter&period=all&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/statements"
params = {"ticker": "UP", "statement": "BS", "frequency": "Quarter", "period": "all", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/statements?ticker=UP&statement=BS&frequency=Quarter&period=all&api_key=YOUR_API_KEY");
const data = await res.json();