UP Q2 2022 Earnings — Wheels Up Experience Inc. Revenue & Financial Results | Market Cap Arena

UPWheels Up Experience Inc.

$375M

Q2 2022 Earnings

Industrials Airlines, Airports & Air Services

Income Statement

Revenue

$426M+49.0% YoY

Gross Profit

$480,0000.1% margin

Operating Income

-$94M-22.1% margin

Net Income

-$93M-21.8% margin

EPS (Diluted)

$-3.80

QoQ Revenue Growth

+30.7%

Cash Flow

Operating Cash Flow

-$19M

Free Cash Flow

-$29M

Stock-Based Comp.

$21M

Balance Sheet

Total Assets

$2.0B

Total Liabilities

$1.4B

Stockholders' Equity

$583M

Cash & Equivalents

$427M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$426M	$286M	+49.0%
Gross Profit	$480,000	$17M	-97.2%
Operating Income	-$94M	-$25M	-279.6%
Net Income	-$93M	-$26M	-254.6%