UP Q4 2023 Earnings — Wheels Up Experience Inc. Revenue & Financial Results | Market Cap Arena

UPWheels Up Experience Inc.

$375M

Q4 2023 Earnings

Industrials Airlines, Airports & Air Services

Income Statement

Revenue

$246M-39.7% YoY

Gross Profit

-$18M-7.3% margin

Operating Income

-$65M-26.3% margin

Net Income

-$81M-32.9% margin

EPS (Diluted)

$-0.14

QoQ Revenue Growth

-23.0%

Cash Flow

Operating Cash Flow

-$4M

Free Cash Flow

-$14M

Stock-Based Comp.

$4M

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	$246M	$408M	-39.7%
Gross Profit	-$18M	-$6M	-180.1%
Operating Income	-$65M	-$284M	+77.1%
Net Income	-$81M	-$287M	+71.7%