UP (Wheels Up Experience Inc.) Stock Financials & Earnings

UPWheels Up Experience Inc.

Mkt Cap$375M

Revenue (TTM)$736M

Net Income (TTM)-$294M

EPS (TTM)-$0.42

Free Cash Flow (TTM)-$270M

Gross Margin2.2%

Op. Margin-34.3%

Net Margin-39.9%

FCF Margin-36.7%

P/S Ratio (TTM)0.5x

P/E Ratio (TTM)—

YoY Rev Growth-7.0%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$352M	-$16M	-$97M
Q2 23	$335M	-$8M	-$153M
Q3 23	$320M	$20M	-$129M
Q4 23	$246M	-$18M	-$65M
Q1 24	$197M	-$1M	-$83M
Q2 24	$196M	-$11M	-$79M
Q3 24	$194M	$27M	-$42M
Q4 24	$205M	$15M	-$55M
Q1 25	$178M	-$1M	-$81M
Q2 25	$190M	$16M	-$60M
Q3 25	$185M	$13M	-$61M
Q4 25	$184M	-$11M	-$51M

Valuation

Operating Cash Flow

Capital Expenditures

CapEx

OpEx vs Revenue Growth (YoY)

Stock-Based Compensation

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q1 23	$16M	$39M	$26M
Q2 23	$14M	$40M	$23M
Q3 23	$20M	$43M	$23M
Q4 23	$12M	$24M	$17M
Q1 24	$11M	$36M	$21M
Q2 24	$11M	$36M	$21M
Q3 24	$10M	$27M	$20M
Q4 24	$9M	$38M	$21M
Q1 25	$11M	$57M	$22M
Q2 25	$9M	$30M	$24M
Q3 25	$10M	$32M	$22M
Q4 25	$9M	$26M	$20M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$363M	$0	$363M
Q2 23	$152M	$0	$152M
Q3 23	$245M	$0	$245M
Q4 23	$264M	$0	$264M
Q1 24	$181M	$0	$181M
Q2 24	$141M	$0	$141M
Q3 24	$116M	$0	$116M
Q4 24	$216M	$0	$216M
Q1 25	$172M	$0	$172M
Q2 25	$107M	$0	$107M
Q3 25	$125M	$0	$125M
Q4 25	$134M	$0	$134M

Shares Outstanding

Revenue Per Employee

Revenue / Employee