UP Q2 2024 Earnings — Wheels Up Experience Inc. Revenue & Financial Results | Market Cap Arena

UPWheels Up Experience Inc.

$375M

Q2 2024 Earnings

Industrials Airlines, Airports & Air Services

Income Statement

Revenue

$196M-41.4% YoY

Gross Profit

-$11M-5.6% margin

Operating Income

-$79M-40.3% margin

Net Income

-$97M-49.4% margin

EPS (Diluted)

$-0.14

QoQ Revenue Growth

-0.4%

Cash Flow

Operating Cash Flow

-$27M

Free Cash Flow

-$36M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$1.2B

Stockholders' Equity

-$71M

Cash & Equivalents

$141M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$196M	$335M	-41.4%
Gross Profit	-$11M	-$8M	-38.1%
Operating Income	-$79M	-$153M	+48.3%
Net Income	-$97M	-$161M	+39.6%