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Wheels Up Experience Inc. (UP) stock

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NYSE: UP NYSE Passenger Airlines Next results ~November 4, 2026

E Fundamentals grade

Wheels Up Experience Inc. is a US-listed company in the passenger airlines industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$5.9

Price-to-sales vs peers

Base case. Range ~$4.3–$14. Sales per share times peers' typical price-to-sales; used only when earnings are negative.

Price vs value

No Buy/Hold/Sell rating is issued: only 1 valuation models apply; a rating needs 3.

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders1 buying, 3 selling4 purchases and 12 sales by directors and officers, last 12 monthsInsider trades
  • Funds58 adding, 0 cuttingOf 4 active managers that changed their stake, 4 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Wheels Up Experience files

Where Wheels Up Experience stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $720m, down 6.0% on a year earlier, about the same pace as a quarter earlier. That puts it 12 of 12 for growth among the passenger airlines companies we cover. Free-cash-flow margin fell to -59.0% from -30.5% a year earlier. Operating margin widened to -27.0% from -30.8%. Against its peers on growth, profitability, cash generation and balance sheet, it grades E. It passes 0 of our 5 financial-health checks. Our price-to-sales vs peers value is $5.87 a share, against a share price of $3.13.

Source: 10-Q filed August 5, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 4, 2026 (estimated)

Wheels Up Experience Inc.'s trailing-twelve-month revenue fell 6.0% year on year, with a free-cash-flow margin of -59.0%. Where it lags: long-term debt as % of assets of 62.7% ranks 14 of 14 passenger airlines companies we cover.

Current signal Net income rising while operating cash flow falls: TTM net income grew 7.4% while operating cash flow fell 175.0% — earnings and cash are telling different stories.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Strengths

  • Margins widening. Operating margin is up 3.7 points on a year ago.

Things to watch

  • Results due soon. Results are expected around 4 November; the share price can move sharply on the day.
  • Revenue shrinking. Revenue fell 6.0% over the last 12 months.
  • Loss-making. Operating margin is -27.0%: costs exceed revenue.
  • Burning cash. Free cash flow was -59.0% of revenue over the last 12 months.
  • Share dilution. Diluted shares rose 24.7% in a year.
  • Volatile shares. Over the past year the shares showed annualised volatility of 121% and a beta of 2.1 against the S&P 500.

Latest results: FY2026 Q2

Filed August 5, 2026
Revenue
$182m, down 4.0% on a year earlier
Share reaction
-8.3% in the first session after the results on August 4, 2026, against +1.6% for the S&P 500
Next report
November 4, 2026

Wheels Up Experience's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+3.8%
  • 1 week+6.4%
  • 1 month-5.4%
  • This year-74.8%
  • 1 year-87.9%
  • 5 years-99.8%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$720M
Operating margin
-27.0%
Net margin
-42.0%
EPS (TTM, diluted)
$-8.66

Growth

Revenue growth
−6.0%
Change in growth rate
−0.2 pts

Cash

Free cash flow (TTM)
-$425M
FCF margin
-59.0%
Stock pay % of revenue
6.7%

Earnings

Last results
August 4, 2026
Next results (est.)
November 4, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Leadership
  2. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: only 1 valuation models apply; a rating needs 3.

Valuation models

We value Wheels Up Experience Inc. as an operating company, with every model that fits that kind of business. Cost of equity 12.5%: the 10-year Treasury yield (4.9%) plus a beta of 1.67 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. — Does not apply: no positive earnings in the latest twelve months
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: book value or earnings not available
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: return on equity is not positive
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. — Does not apply: revenue and margins don't support a positive value
Price-to-sales vs peers Sales per share times peers' typical price-to-sales; used only when earnings are negative. ~$5.9 ~$4.3–$14 Included, half weight
Combined value Weighted average of the models that apply: the primary model (price-to-earnings vs peers) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$5.9 ~$4.3–$14 1 model

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Wheels Up Experience Inc. with Passenger Airlines in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

Wheels Up Experience Inc.: market value and multiples by fiscal year
At fiscal year end 202020212022202320242025
Share price$1994.00$928.00$206.00$68.60$33.00$13.12
Market value$162.0bn$95.0bn$25.3bn$45.3bn$23.0bn$9.3bn
+ Net debt (− = net cash)−$99m−$785m−$316m$351m$545m$537m
Enterprise value$161.9bn$94.2bn$25.0bn$45.7bn$23.6bn$9.8bn
Multiples
Price / sales n/m79.6x16.0x36.2x29.1x12.6x
Price / earnings ——————
Price / free cash flow n/mn/m————
EV / EBITDA ——————

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

22 /100

Weak moat

How hard Wheels Up Experience's competitive advantage looks for rivals to wear away, judged from 6 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Cash operating profit has been a median -25.7% of total assets over 5 years.

  • Pricing power 6 / 20

    Gross margin has been a median 6.0%, moving by 4.4 percentage points (standard deviation) across 6 years.

  • Durability 10 / 20

    Operating margin has been a median -28.9%; its worst year was -41.1%.

  • Cash conversion 2 / 20

    Free cash flow was positive in 1 of 5 years, at a median -34.4% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 4, 2026, after the close.

Analysts' consensus

No analyst estimates are published for Wheels Up Experience Inc.: too few analysts cover it.

Positioning

Short interest
14.9%
of tradable shares
Days to cover
7.02
at average volume
Short interest, 1 month
−10%
to October 15, 2026
Held by institutions
81%
of shares
Held by insiders
12.7%
of shares
Employees
1,247
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

What moved the share price

Last 12 months −87.9%

$27.40 on October 31, 2025 to $3.31

Wheels Up Experience Inc.: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $766m $720m −6.0%
P/S multiple 1.2x 0.2x −86.9%
Share count 35m 36m −1.9%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Wheels Up Experience Inc.: yearly return, monthly win rate and worst fall against the S&P 500
Calendar year 202120222023202420252026 to date
Return
UP−54%−78%−67%−52%−60%−75%
Industry peers (median)−2%−24%−10%+23%−11%−17%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
UP25%17%42%42%33%27%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
UP−64%−79%−93%−67%−82%−86%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 18, 2020: 100% from July 14, 2021 to October 27, 2026. Getting back needed a 76644% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$3.01 – $28.40
From 52-week high
−88.3%
vs 50-day average
−11.5%
vs 200-day average
−56.6%
Volatility (1 year)
121%
Beta vs S&P 500
2.08

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
3 up, 9 down
typical move ±6.9%
After a week
4 up, 8 down
typical move ±9.5%
After a month
5 up, 7 down
typical move ±22.5%
Wheels Up Experience Inc.: share-price change after each results release
Results releasedNext dayS&P 500 next day5 days21 days
August 4, 2026 −8.3% +1.6% −14.2% −30.9%
May 11, 2026 −16.5% +0.1% −6.3% +15.1%
February 19, 2026 −12.7% +0.5% −6.1% −28.3%
November 5, 2025 −0.8% −0.7% −4.7% −52.4%
August 7, 2025 +2.2% +0.7% +3.6% +68.6%
May 1, 2025 +1.7% +2.2% +27.8% +14.8%
March 11, 2025 −5.6% −0.3% −1.9% −16.8%
November 7, 2024 −7.4% +1.2% −7.4% −1.8%
August 8, 2024 −4.9% +2.8% +16.8% +6.5%
May 9, 2024 +0.9% +0.7% +24.7% −9.0%
March 7, 2024 −12.0% +0.4% −1.1% −1.1%
November 9, 2023 −10.0% +0.8% 0.0% +24.3%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Wheels Up Experience Inc. in five measures

Fundamentals grade E
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Wheels Up Experience Inc.
$600M $800M $1B $1.2B $1.4B $1.6B FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $1.4B Revenue (TTM), FY23 Q4: $1.3B Revenue (TTM), FY24 Q1: $1.1B Revenue (TTM), FY24 Q2: $959.8M Revenue (TTM), FY24 Q3: $833.7M Revenue (TTM), FY24 Q4: $792.1M Revenue (TTM), FY25 Q1: $772.5M Revenue (TTM), FY25 Q2: $765.9M Revenue (TTM), FY25 Q3: $757.5M Revenue (TTM), FY25 Q4: $736.5M Revenue (TTM), FY26 Q1: $727.9M Revenue (TTM), FY26 Q2: $720.2M $720.2M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $1.4B
FY23 Q4 $1.3B
FY24 Q1 $1.1B
FY24 Q2 $959.8M
FY24 Q3 $833.7M
FY24 Q4 $792.1M
FY25 Q1 $772.5M
FY25 Q2 $765.9M
FY25 Q3 $757.5M
FY25 Q4 $736.5M
FY26 Q1 $727.9M
FY26 Q2 $720.2M
Revenue growth, TTM YoY Wheels Up Experience Inc.
-60% -40% -20% 0% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: -6.7% Revenue growth, TTM YoY, FY23 Q4: -20.7% Revenue growth, TTM YoY, FY24 Q1: -31.6% Revenue growth, TTM YoY, FY24 Q2: -36.7% Revenue growth, TTM YoY, FY24 Q3: -41.1% Revenue growth, TTM YoY, FY24 Q4: -36.8% Revenue growth, TTM YoY, FY25 Q1: -29.7% Revenue growth, TTM YoY, FY25 Q2: -20.2% Revenue growth, TTM YoY, FY25 Q3: -9.1% Revenue growth, TTM YoY, FY25 Q4: -7.0% Revenue growth, TTM YoY, FY26 Q1: -5.8% Revenue growth, TTM YoY, FY26 Q2: -6.0% -6.0%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 -6.7%
FY23 Q4 -20.7%
FY24 Q1 -31.6%
FY24 Q2 -36.7%
FY24 Q3 -41.1%
FY24 Q4 -36.8%
FY25 Q1 -29.7%
FY25 Q2 -20.2%
FY25 Q3 -9.1%
FY25 Q4 -7.0%
FY26 Q1 -5.8%
FY26 Q2 -6.0%
Operating margin (TTM) Wheels Up Experience Inc.
-60% -40% -20% 0% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: -42.4% Operating margin (TTM), FY23 Q4: -35.4% Operating margin (TTM), FY24 Q1: -39.3% Operating margin (TTM), FY24 Q2: -37.2% Operating margin (TTM), FY24 Q3: -32.4% Operating margin (TTM), FY24 Q4: -32.7% Operating margin (TTM), FY25 Q1: -33.0% Operating margin (TTM), FY25 Q2: -30.8% Operating margin (TTM), FY25 Q3: -33.7% Operating margin (TTM), FY25 Q4: -27.6% Operating margin (TTM), FY26 Q1: -24.7% Operating margin (TTM), FY26 Q2: -27.0% -27.0%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 -42.4%
FY23 Q4 -35.4%
FY24 Q1 -39.3%
FY24 Q2 -37.2%
FY24 Q3 -32.4%
FY24 Q4 -32.7%
FY25 Q1 -33.0%
FY25 Q2 -30.8%
FY25 Q3 -33.7%
FY25 Q4 -27.6%
FY26 Q1 -24.7%
FY26 Q2 -27.0%
FCF margin (TTM) Wheels Up Experience Inc.
-60% -40% -20% 0% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: -43.8% FCF margin (TTM), FY23 Q4: -54.7% FCF margin (TTM), FY24 Q1: -50.2% FCF margin (TTM), FY24 Q2: -38.6% FCF margin (TTM), FY24 Q3: -17.1% FCF margin (TTM), FY24 Q4: -25.3% FCF margin (TTM), FY25 Q1: -24.0% FCF margin (TTM), FY25 Q2: -30.5% FCF margin (TTM), FY25 Q3: -35.9% FCF margin (TTM), FY25 Q4: -35.3% FCF margin (TTM), FY26 Q1: -49.4% FCF margin (TTM), FY26 Q2: -59.0% -59.0%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 -43.8%
FY23 Q4 -54.7%
FY24 Q1 -50.2%
FY24 Q2 -38.6%
FY24 Q3 -17.1%
FY24 Q4 -25.3%
FY25 Q1 -24.0%
FY25 Q2 -30.5%
FY25 Q3 -35.9%
FY25 Q4 -35.3%
FY26 Q1 -49.4%
FY26 Q2 -59.0%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Wheels Up Experience Inc.: annual financial statements
Fiscal year 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 385 695 1,194 1,580 1,253 792 736 720
Gross profit 44 60 77 39 21 59 74 70
EBITDA −40 −22 −169 −517 −406 −202 −142 −139
Operating income −78 −63 −203 −560 −444 −259 −203 −195
Net income −96 −79 −190 −555 −487 −340 −294 −303
Diluted EPS −$1.86 −$0.96 −$1.86 −$4.52 −$0.74 −$0.49 −$0.42 —
Growth (year on year)
Revenue — +80.6% +71.8% +32.3% −20.7% −36.8% −7.0% −6.0%
Margins
Gross margin 11.5% 8.7% 6.4% 2.5% 1.7% 7.5% 10.0% 9.8%
EBITDA margin −10.3% −3.2% −14.1% −32.7% −32.4% −25.5% −19.3% −19.3%
Operating margin −20.3% −9.1% −17.0% −35.4% −35.4% −32.7% −27.6% −27.0%
Net margin −25.0% −11.3% −15.9% −35.1% −38.9% −42.9% −39.9% −42.0%
Free-cash-flow margin −7.5% 29.1% 9.3% −19.9% −54.7% −25.3% −35.3% −59.0%
Cash flow
Cash from operations −25 210 126 −231 −665 −78 −166 −247
Capital spending 4 7 15 84 20 123 94 178
Free cash flow −29 203 111 −314 −685 −201 −260 −425
Stock-based pay 2 3 50 89 26 46 45 48
Free cash flow after stock pay −31 199 62 −403 −711 −247 −305 −474
Balance sheet
Cash 96 313 785 586 264 216 134 86
Total debt 0 214 0 270 615 761 671 919
Net debt (negative = net cash) −96 −99 −785 −316 351 545 537 833
Diluted shares 52m 81m 102m 123m 661m 698m 706m —
Returned to shareholders
Buybacks — 0 0 8 0 0 2 2
Total returned — 0 0 8 0 0 2 2

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

0 of 5 checks passed · June 30, 2026
What it owns · $927m
Short-term assets $222mLonger-term assets $705m
What it owes, and who funded it · $1.5bn
Short-term liabilities $785mLonger-term liabilities $702mShareholders' equity $-560m
  • Short-term assets cover short-term liabilities $222m of assets due within a year against $785m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $222m short-term assets against $702m of longer-dated liabilities.
  • More cash than debt $86m of cash against $602m of debt.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt −$247m of operating cash flow against $602m of debt.
  • Operating profit covers interest at least five times over Operating income of −$195m against $107m of interest.

From Wheels Up Experience Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q2 TTM
Buybacks (TTM)
$1.7M
Returned to shareholders
-0%
of free cash flow
Buybacks, last 3 fiscal years
$2.1M
Total shareholder yield
1.4%
dividends 0.0% + buybacks 1.4% of market value
R&D spending
5.1%
of revenue
Days sales outstanding
14 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in passenger airlines
Growth, margins and cash generation against peers
Last 12 months unless stated UP FLYX ALGT SKYW ULCC SRFM Median
Revenue, last 12 months $720m $404m $2.9bn $4.3bn $4.6bn $111m $5.0bn
Revenue growth, last 12 months −6.0% 16.1% 12.2% 7.0% 24.0% 3.1% 11.1%
Revenue growth, 3-year average −22.0% — 4.9% 14.1% 8.7% 69.7% 7.6%
Revenue growth, latest quarter −4.0% 21.7% 36.9% 6.4% 52.9% 7.6% 20.2%
Gross margin 9.8% 18.1% — 10.8% — — 10.8%
Operating margin −27.0% −8.8% 4.9% 13.9% −9.5% −67.3% 0.0%
Operating margin, 3-year average −31.7% −18.7% −1.6% 13.7% −4.4% −102.3% −1.6%
Net margin −42.0% −5.3% 0.9% 9.7% −8.9% −101.6% 0.1%
Cash from operations / revenue −34.3% 4.7% 14.5% 18.8% 1.3% −46.2% 7.0%
Free-cash-flow margin −59.0% −6.7% 3.6% 17.9% 0.0% −61.6% −0.1%
Free-cash-flow margin, 3-year average −42.7% −14.7% −0.8% 17.6% −6.4% −66.2% −3.2%
Stock pay / revenue 6.7% 1.4% 0.7% 0.4% 0.4% 7.7% 0.4%
Change in share count 24.7% — 7.5% −3.4% 0.5% — −1.3%

Median of all 16 companies we cover in passenger airlines. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

16 passenger airlines companies
Measures ranked against peers
Measure Company Peer median Rank
Revenue growth Growth -6.0% 12.2% 14 of 16
Change in growth rate Growth -0.2pp +4.8pp 12 of 16
Operating margin Profitability -27.0% 1.6% 14 of 16
Net margin Profitability -42.0% 0.9% 15 of 16
Free-cash-flow margin Cash generation -59.0% 0.0% 14 of 16
Stock pay as % of revenue Cash generation 6.7% 0.4% 12 of 13
Long-term debt as % of assets Balance sheet 62.7% 26.9% 14 of 14
Days sales outstanding Balance sheet 14 days 14 days 3 of 5

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Geography
Region Revenue Share YoY
United States $641M 87.0% ▼ 8.5%
Outside the US $95.5M 13.0% ▲ 4.0%

From Wheels Up Experience Inc.'s 10-K filed March 10, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Reported value
$264M
Institutions reporting
59
Positions opened / closed
58 / 0

Top buyers and sellers, Q2 2026: 58 institutions bought and 0 sold ; the biggest buyer was Delta Air Lines, Inc (+13.2M shares) . See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Delta Air Lines, Inc. $118M 13.2M 44.7% —
Knighthead Capital Management, LLC $116M 12.9M 43.8% —
Whitebox Advisors LLC $9.2M 1.0M 3.5% —
Kore Advisors LP $6.9M 770K 2.6% —
Blackrock, Inc. $3.5M 391K 1.3% —
Masters Capital Management LLC $2.7M 300K 1.0% —
Vanguard Capital Management LLC $2M 218K 0.7% —
Geode Capital Management, LLC $1.1M 125K 0.4% —
Militia Capital Management LLC $1M 116K 0.4% —
UBS Group AG $815,695 91K 0.3% —
Inspire Investing, LLC $720,973 80K 0.3% —
Northern Trust Corp $366,119 41K 0.1% —

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Wheels Up Experience Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Recent insider open-market transactions
Insider Date Trade Shares Price Value
Wells Meaghan Danielle Chief Growth Officer September 8, 2026 Sell 923 $4.39 $4,052
Ck Wheels Llc 10% owner August 31, 2026 Sell 9,363 $4.61 $43,163
Wells Meaghan Danielle Chief Growth Officer August 10, 2026 Sell 4,358 $5.41 $23,577
Ck Wheels Llc 10% owner June 23, 2026 Sell 100 $7.00 $700
Ck Wheels Llc 10% owner June 18, 2026 Sell 27,524 $8.05 $221,568
Ck Wheels Llc 10% owner June 17, 2026 Sell 5,309 $8.07 $42,844
Ck Wheels Llc 10% owner June 16, 2026 Sell 4,021 $8.15 $32,771
Ck Wheels Llc 10% owner June 15, 2026 Sell 1,252 $8.52 $10,667
Briffa Mark Chief Sales Officer June 11, 2026 Sell 1,017 $7.50 $7,628
Mattson George N Chief Executive Officer May 18, 2026 Buy 1,475 $5.56 $8,201
Mattson George N Chief Executive Officer May 15, 2026 Buy 10,029 $5.13 $51,449
Mattson George N Chief Executive Officer May 14, 2026 Buy 1,304 $5.48 $7,146

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around November 4, 2026 estimated from the company's past filing pattern, not announced

  • August 4, 2026
  • May 11, 2026
  • February 19, 2026
  • November 5, 2025
  • August 7, 2025
  • May 1, 2025

Recent SEC filings

Data status

When each part of this page on Wheels Up Experience Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Wheels Up Experience Inc. in brief

What does Wheels Up Experience Inc. do?
Wheels Up Experience Inc. is a US-listed company in the passenger airlines industry. Its financial year ends in December.
What is Wheels Up Experience Inc.'s stock ticker?
Wheels Up Experience Inc. trades under the ticker UP on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Wheels Up Experience Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Wheels Up Experience Inc. reported revenue of $720M, 6.0% lower than a year earlier, according to its SEC filings.
What is Wheels Up Experience Inc.'s free cash flow?
Wheels Up Experience Inc.'s free-cash-flow margin is -59.0% of revenue over the trailing twelve months, ranking 14 of the 16 passenger airlines companies we cover.
Who are Wheels Up Experience Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Delta Air Lines, Inc., Knighthead Capital Management, LLC and Whitebox Advisors LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Wheels Up Experience Inc.'s market cap?
On December 31, 2025, Wheels Up Experience Inc.'s market capitalisation was about $9.3B and net debt of $537M. Market figures come from third-party market data and may be delayed.
Who are Wheels Up Experience Inc.'s competitors?
In our Passenger Airlines peer group, the companies closest to Wheels Up Experience Inc. are Flyexclusive Inc., Allegiant Travel Co, Skywest Inc, Frontier Group Holdings, Inc. and Surf AIR Mobility Inc. The side-by-side comparison below sets their revenue, margins and growth against Wheels Up Experience Inc.'s.
Are insiders buying or selling Wheels Up Experience Inc. stock?
Over the last 12 months, Wheels Up Experience Inc.'s directors and officers reported 4 open-market purchases and 12 sales on Form 4. The insider trading page charts every trade.
When is Wheels Up Experience Inc.'s next earnings date?
Around November 4, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Wheels Up Experience Inc. announces its own schedule.