UP FY 2023 Earnings — Wheels Up Experience Inc. Revenue & Financial Results | Market Cap Arena

UPWheels Up Experience Inc.

$375M

FY 2023 Earnings

Industrials Airlines, Airports & Air Services

Income Statement

Revenue

$1.3B-20.7% YoY

Gross Profit

-$38M-3.0% margin

Operating Income

-$444M-35.4% margin

Net Income

-$487M-38.9% margin

EPS (Diluted)

$-1.58

Cash Flow

Operating Cash Flow

-$665M

Free Cash Flow

-$702M

Stock-Based Comp.

$26M

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$1.2B

Stockholders' Equity

$100M

Cash & Equivalents

$264M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.3B	$1.6B	-20.7%
Gross Profit	-$38M	-$27M	-42.3%
Operating Income	-$444M	-$560M	+20.8%
Net Income	-$487M	-$555M	+12.2%