Stocks Consumer discretionary UP
NYSE · Consumer discretionaryWheels Up Experience Inc. (UP)
Wheels Up Experience Inc. brought in $699.6M of revenue over the twelve months to September 30, 2026, down 7.6% from a year earlier. It posted a net loss of $308.5M. In fiscal 2025 capital spending exceeded operating cash flow by $259.9M. At September 30, 2026 it held $51.8M in cash against $1B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 5, 2026.
Key facts about Wheels Up Experience Inc.
- Net worth
- Wheels Up Experience Inc. has a market value (market cap) of $87.8M at the latest share price, and shareholders' equity of -$637.2M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $736.5M (-7.0% year on year), with a net loss of $294.2M. Over the 12 months to September 30, 2026: revenue $699.6M, net loss $308.5M.
- Cash flow
- In fiscal 2025 operations used $166.3M of cash.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 5, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Wheels Up Experience Inc.'s next report is expected around February 18, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
What Wheels Up Experience Inc. does
Wheels Up Experience Inc. is registered with the SEC under industry code SIC 4522 (Air Transportation, Nonscheduled). Its shares trade on NYSE under the ticker UP.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $736.5M | -$294.2M | -$0.42 | -$259.9M |
| 2024 | $792.1M | -$339.6M | -$0.49 | -$200.7M |
| 2023 | $1.3B | -$487.4M | -$3.69 | -$685.5M |
| 2022 | $1.6B | -$555.2M | -$22.60 | -$314.2M |
| 2021 | $1.2B | -$190M | -$9.28 | $111.3M |
| 2020 | $695M | -$78.6M | -$4.79 | $202.5M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where UP ranks in Consumer discretionary
Latest SEC filings
What Wheels Up Experience Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 5, 2026Quarterly report 10-Q · period to September 30, 2026Revenue fell 11% to $164.8M versus the same quarter last year; diluted EPS -$2.48 versus -$2.38.
- November 5, 2026
- October 9, 2026Quarterly results8-K/AWheels Up filed an amended Form 8-K/A to correct historical reconciliations of Adjusted EBITDA and Adjusted EBITDAR.
- August 14, 2026
- August 14, 2026Passive stake changed SCHEDULE 13G/A
- August 13, 2026Passive stake changed SCHEDULE 13G/A
- August 5, 2026Quarterly report 10-Q · period to June 30, 2026Revenue fell 4% to $182M versus the same quarter last year; diluted EPS -$2.97 versus -$2.35.
- August 4, 2026
- June 10, 2026
- June 10, 2026
Insider trades
What the people running Wheels Up Experience Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $54.7K worth of shares in the last 90 days and bought none on the open market.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| November 9, 2026 | Wells Meaghan DanielleChief Growth Officer | Sold | 2,573 | $7.5K |
| November 4, 2026 | Wells Meaghan DanielleChief Growth Officer | Shares withheld for tax | 829 | $2.5K |
| October 2, 2026 | Chatkewitz AlexanderChief Accounting Officer | Shares withheld for tax | 1,173 | $4.1K |
| October 2, 2026 | Godsman DavidChief Digital Officer | Shares withheld for tax | 1,977 | $6.9K |
| October 2, 2026 | Holtz David LChief Operating Officer | Shares withheld for tax | 2,237 | $7.8K |
| October 2, 2026 | Kedzior Brian JosephChief People Officer | Shares withheld for tax | 2,000 | $7K |
| October 2, 2026 | Lauria KristenChief Marketing Officer | Shares withheld for tax | 2,160 | $7.6K |
| September 9, 2026 | Knopf Matthew J.Chief Legal Officer | Shares withheld for tax | 4,345 | $17.6K |
Who owns UP
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| CK Wheels LLC13D, may seek influence with 3 related filers | 37.1% | November 17, 2023 |
| Cox Investment Holdings, Inc.13D, may seek influence | 12.4% | November 20, 2023 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 60 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Delta Air Lines, Inc. | 13,168,465 | new |
| Knighthead Capital Management, LLC | 12,908,460 | new |
| Whitebox Advisors LLC | 1,021,597 | new |
| Kore Advisors LP | 770,231 | new |
| BlackRock, Inc. | 391,189 | new |
| Masters Capital Management LLC | 300,000 | new |
| Vanguard Capital Management LLC | 218,479 | new |
| Geode Capital Management, LLC | 125,276 | new |
| Militia Capital Management LLC | 116,231 | new |
| UBS Group AG | 90,936 | new |
| Inspire Investing, LLC | 80,376 | new |
| Northern Trust Corp | 40,816 | new |
| Vanguard Portfolio Management LLC | 36,192 | new |
| Charles Schwab Investment Management Inc | 35,483 | new |
| Vanguard Fiduciary Trust Co | 33,067 | new |
| Ieq Capital, LLC | 30,000 | new |
| Instrumental Wealth, LLC | 29,710 | new |
| New York State Common Retirement Fund | 11,000 | new |
| Morgan Stanley | 8,959 | new |
| State of Wyoming | 4,696 | new |
Insiders
13 insiders reported holding 13,506,483 shares in total, about $32.7M at the last price.
| Holder | Shares |
|---|---|
| CK Wheels LLC10% owner | 12,860,891 |
| Knopf Matthew J.Chief Legal Officer | 91,521 |
| Lauria KristenChief Marketing Officer | 79,485 |
| Godsman DavidChief Digital Officer | 77,347 |
| Holtz David LChief Operating Officer | 76,201 |
| Kedzior Brian JosephChief People Officer | 67,605 |
| Wells Meaghan DanielleChief Growth Officer | 57,072 |
| Chatkewitz AlexanderChief Accounting Officer | 41,177 |
| Summe Gregory LDirector | 36,090 |
| Briffa MarkChief Sales Officer | 33,672 |
Questions about UP
What does Wheels Up Experience Inc. do?
Wheels Up Experience Inc. is a company in the Consumer discretionary sector, listed on NYSE as UP. Its shares trade on NYSE under the ticker UP.
What is Wheels Up Experience Inc.'s net worth?
Wheels Up Experience Inc. has a market value (market cap) of $87.8M at the latest share price, and shareholders' equity of -$637.2M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Wheels Up Experience Inc. profitable?
No. Over the twelve months to September 30, 2026 it reported a net loss of $308.5M on revenue of $699.6M.
How much revenue does Wheels Up Experience Inc. make?
Over the twelve months to September 30, 2026 Wheels Up Experience Inc. reported revenue of $699.6M. That is 7.6% less than a year earlier.
When did Wheels Up Experience Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 5, 2026. It covers the period to September 30, 2026. Its newest filing of any kind is the insider trade from November 9, 2026.
When is Wheels Up Experience Inc.'s next earnings report?
Wheels Up Experience Inc.'s next report is expected around February 18, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
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Where the numbers come from
Financial figures are the values Wheels Up Experience Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.