UP Q1 2022 Earnings — Wheels Up Experience Inc. Revenue & Financial Results | Market Cap Arena

UPWheels Up Experience Inc.

$375M

Q1 2022 Earnings

Industrials Airlines, Airports & Air Services

Income Statement

Revenue

$326M+24.5% YoY

Gross Profit

-$21M-6.6% margin

Operating Income

-$93M-28.5% margin

Net Income

-$89M-27.2% margin

EPS (Diluted)

$-3.62

QoQ Revenue Growth

-5.6%

Cash Flow

Operating Cash Flow

-$121M

Free Cash Flow

-$244M

Stock-Based Comp.

$23M

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$1.2B

Stockholders' Equity

$661M

Cash & Equivalents

$538M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$326M	$262M	+24.5%
Gross Profit	-$21M	$27M	-178.6%
Operating Income	-$93M	-$28M	-235.1%
Net Income	-$89M	-$29M	-201.4%