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Wheels Up Experience Inc. revenue

Wheels Up Experience Inc.'s revenue was $736m in fiscal 2025, down 7.0% on the year before. Since fiscal 2019 ($385m) it has grown at a compound 11.4% a year. Over the last twelve months it was $720m.

Revenue history

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

Fiscal year2019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue3856951,1941,5801,253792736720
Growth on the year before—+80.6%+71.8%+32.3%−20.7%−36.8%−7.0%—
Gross profit4460773921597470
Gross margin11.5%8.7%6.4%2.5%1.7%7.5%10.0%9.8%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

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.

Revenue against peers

Passenger Airlines: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Wheels Up Experience Inc. $720m -6.0% -22.0%
Flyexclusive Inc. $404m 16.1% —
Allegiant Travel Co $2.89bn 12.2% 4.9%
Skywest Inc $4.26bn 7.0% 14.1%
Frontier Group Holdings, Inc. $4.62bn 24.0% 8.7%
Surf AIR Mobility Inc. $111m 3.1% 69.7%

Compare with peers

Head to head: FLYX vs UPALGT vs UPSKYW vs UPSRFM vs UP

More: Passenger Airlines stocks compared, Industrials sector, rankings of US companies

Figures from Wheels Up Experience Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Wheels Up Experience Inc.