UP Q3 2023 Earnings — Wheels Up Experience Inc. Revenue & Financial Results | Market Cap Arena

UPWheels Up Experience Inc.

$375M

Q3 2023 Earnings

Industrials Airlines, Airports & Air Services

Income Statement

Revenue

$320M-23.9% YoY

Gross Profit

$20M6.3% margin

Operating Income

-$129M-40.3% margin

Net Income

-$145M-45.2% margin

EPS (Diluted)

$-3.51

QoQ Revenue Growth

-4.5%

Cash Flow

Operating Cash Flow

-$250M

Free Cash Flow

-$254M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$1.2B

Stockholders' Equity

$145M

Cash & Equivalents

$245M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$320M	$420M	-23.9%
Gross Profit	$20M	$814,000	+2378.6%
Operating Income	-$129M	-$152M	+14.9%
Net Income	-$145M	-$149M	+2.7%

Revenue Segments

Service, Other

$10M100%