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10-Q

Quarterly Report

WHEELS UP EXPERIENCE INC. UP WSUPW

0001819516-25-000044

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Filed
Aug 7, 2025 12:00 AM ET
Period of report
Restated figures. One or more values in this filing restate previously reported amounts.

On SEC.gov

Financials in this filing

Metric Period Value
Shares Outstanding Q2 2025 · Aug 4, 2025 698.8M sh
Shares Diluted Q2 2025 · Jun 30, 2025 699M sh
Shares Diluted Q2 2025 · Jun 30, 2025 698.64M sh
Shares Diluted Q2 2025 · Jun 30, 2024 697.46M sh
Shares Diluted Q2 2025 · Jun 30, 2024 697.4M sh
Stock Repurchased Q2 2025 · Jun 30, 2025 $195K
Stock Repurchased Q2 2025 · Jun 30, 2024 $404K
Capex Q2 2025 · Jun 30, 2025 $30.47M
Capex Q2 2025 · Jun 30, 2024 $9.63M
Operating Cash Flow Q2 2025 · Jun 30, 2025 −$110.8M
Operating Cash Flow restated Q2 2025 · Jun 30, 2024 −$98.96M
Long Term Debt Q2 2025 · Jun 30, 2025 $391.34M
Long Term Debt Q2 2025 · Dec 31, 2024 $376.31M
Short Term Debt Q2 2025 · Jun 30, 2025 $31.54M
Short Term Debt Q2 2025 · Dec 31, 2024 $31.75M
Cash And Equivalents Q2 2025 · Jun 30, 2025 $107M
Cash And Equivalents Q2 2025 · Dec 31, 2024 $216.43M
Stockholders Equity Q2 2025 · Jun 30, 2025 −$347.75M
Stockholders Equity Q2 2025 · Dec 31, 2024 −$202.11M
Current Liabilities Q2 2025 · Jun 30, 2025 $902.18M
Current Liabilities Q2 2025 · Dec 31, 2024 $917.28M
Total Liabilities Q2 2025 · Jun 30, 2025 $1.35B
Total Liabilities Q2 2025 · Dec 31, 2024 $1.35B
Current Assets Q2 2025 · Jun 30, 2025 $233.67M
Current Assets Q2 2025 · Dec 31, 2024 $332.07M
Total Assets Q2 2025 · Jun 30, 2025 $1.01B
Total Assets Q2 2025 · Dec 31, 2024 $1.16B
Eps Diluted Q2 2025 · Jun 30, 2025 −$0.12
Eps Diluted Q2 2025 · Jun 30, 2025 −$0.26
Eps Diluted Q2 2025 · Jun 30, 2024 −$0.14
Eps Diluted Q2 2025 · Jun 30, 2024 −$0.28
Eps Basic Q2 2025 · Jun 30, 2025 −$0.12
Eps Basic Q2 2025 · Jun 30, 2025 −$0.26
Eps Basic Q2 2025 · Jun 30, 2024 −$0.14
Eps Basic Q2 2025 · Jun 30, 2024 −$0.28
Sga Expense Q2 2025 · Jun 30, 2025 $30.23M
Sga Expense Q2 2025 · Jun 30, 2025 $87.05M
Sga Expense Q2 2025 · Jun 30, 2024 $35.95M
Sga Expense Q2 2025 · Jun 30, 2024 $72.19M
Rd Expense Q2 2025 · Jun 30, 2025 $9.36M
Rd Expense Q2 2025 · Jun 30, 2025 $19.88M
Rd Expense Q2 2025 · Jun 30, 2024 $10.53M
Rd Expense Q2 2025 · Jun 30, 2024 $21.61M
Net Income Q2 2025 · Jun 30, 2025 −$82.3M
Net Income Q2 2025 · Jun 30, 2025 −$181.61M
Net Income Q2 2025 · Jun 30, 2024 −$96.97M
Net Income Q2 2025 · Jun 30, 2024 −$194.37M
Operating Income Q2 2025 · Jun 30, 2025 −$59.6M
Operating Income Q2 2025 · Jun 30, 2025 −$140.37M
Operating Income restated Q2 2025 · Jun 30, 2024 −$79.05M
Operating Income restated Q2 2025 · Jun 30, 2024 −$163.6M
Cost Of Revenue Q2 2025 · Jun 30, 2025 $173.96M
Cost Of Revenue Q2 2025 · Jun 30, 2025 $332.38M
Cost Of Revenue Q2 2025 · Jun 30, 2024 $191.69M
Cost Of Revenue Q2 2025 · Jun 30, 2024 $389.95M
Revenue Q2 2025 · Jun 30, 2025 $189.64M
Revenue Q2 2025 · Jun 30, 2025 $367.17M
Revenue Q2 2025 · Jun 30, 2024 $196.29M
Revenue Q2 2025 · Jun 30, 2024 $393.39M