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Jet.AI vs Wheels Up Experience: revenue, profit, margins and growth compared

Jet.AI brought in $9.2M of revenue in fiscal 2025, Wheels Up Experience $736.5M in fiscal 2025. Revenue changed by -34.6% at Jet.AI and -7.0% at Wheels Up Experience on the year before, so Wheels Up Experience grew faster. Jet.AI kept 50.0% of its revenue as net profit, Wheels Up Experience -39.9%.

Side by side, latest fiscal year

JTAIUP
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$9.2M$736.5M
Revenue growth-34.6%-7.0%
Net income$4.6M-$294.2M
Net margin50.0%-39.9%
Free cash flown/a-$259.9M
Free cash flow marginn/a-35.3%
Earnings per share (diluted)$0.33-$0.42
Cash$1.8M$133.9M
Debtn/a$671.3M
Price to earnings4.7n/a
Market value$5.5M$136.8M
Dividend yieldn/an/a
Rank by revenue in sector#880 of 955 · Consumer discretionary#514 of 955 · Consumer discretionary

Over the years

Revenue
JTAI FY2022: $21.9MJTAI FY2023: $12.2MJTAI FY2024: $14MJTAI FY2025: $9.2MUP FY2019: $384.9MUP FY2020: $695MUP FY2021: $1.2BUP FY2022: $1.6BUP FY2023: $1.3BUP FY2024: $792.1MUP FY2025: $736.5MFY19FY20FY21FY22FY23FY24FY25
JTAI $9.2MUP $736.5M
Net income
JTAI FY2022: -$7.7MJTAI FY2023: -$12.6MJTAI FY2024: -$12.7MJTAI FY2025: $4.6MUP FY2019: -$96.3MUP FY2020: -$78.6MUP FY2021: -$190MUP FY2022: -$555.2MUP FY2023: -$487.4MUP FY2024: -$339.6MUP FY2025: -$294.2MFY19FY20FY21FY22FY23FY24FY25
JTAI $4.6MUP -$294.2M
Net margin
JTAI FY2022: -35.4%JTAI FY2023: -103.3%JTAI FY2024: -90.8%JTAI FY2025: 50.0%UP FY2019: -25.0%UP FY2020: -11.3%UP FY2021: -15.9%UP FY2022: -35.1%UP FY2023: -38.9%UP FY2024: -42.9%UP FY2025: -39.9%FY19FY20FY21FY22FY23FY24FY25
JTAI 50.0%UP -39.9%
Revenue growth
JTAI FY2023: -44.1%JTAI FY2024: +14.8%JTAI FY2025: -34.6%UP FY2020: +80.6%UP FY2021: +71.8%UP FY2022: +32.3%UP FY2023: -20.7%UP FY2024: -36.8%UP FY2025: -7.0%FY20FY21FY22FY23FY24FY25
JTAI -34.6%UP -7.0%
Free cash flow
JTAI FY2023: -$3.8MJTAI FY2024: -$8.2MUP FY2019: -$29MUP FY2020: $202.5MUP FY2021: $111.3MUP FY2022: -$314.2MUP FY2023: -$685.5MUP FY2024: -$200.7MUP FY2025: -$259.9MFY19FY20FY21FY22FY23FY24FY25
JTAI -$8.2MUP -$259.9M

Fiscal years as each company reports them; the two may end in different months.

Questions about Jet.AI and Wheels Up Experience

Which is bigger by revenue, Jet.AI or Wheels Up Experience?

Wheels Up Experience is bigger by revenue: $736.5M in fiscal 2025, against $9.2M for Jet.AI in fiscal 2025.

Which keeps more of its revenue as profit, Jet.AI or Wheels Up Experience?

Jet.AI had a net margin of 50.0% in fiscal 2025; Wheels Up Experience had -39.9% in fiscal 2025.

Which grew revenue faster, Jet.AI or Wheels Up Experience?

In their latest fiscal years revenue changed by -34.6% at Jet.AI and -7.0% at Wheels Up Experience.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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