Wheels Up Experience Inc. (UP) stock
UPNYSEAir Transportation, NonscheduledFiscal year ends December 31
$2.60+0.14 (+5.69%)
Close on Nov 11, 2026Market cap $94.32MP/E –Yield –
Wheels Up Experience gross margin
Gross margin is gross profit as a percentage of revenue.
Wheels Up Experience's gross margin for the twelve months ending Sep 30, 2026 was 12.2%. For fiscal 2025 it was 10.0%, against 7.5% the year before. The highest annual figure on record is 11.5% in fiscal 2019.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 10.0% | +2.6 |
| FY2024 | Dec 31, 2024 | 7.5% | +5.8 |
| FY2023 | Dec 31, 2023 | 1.7% | −0.8 |
| FY2022 | Dec 31, 2022 | 2.5% | −3.9 |
| FY2021 | Dec 31, 2021 | 6.4% | −2.2 |
| FY2020 | Dec 31, 2020 | 8.7% | −2.8 |
| FY2019 | Dec 31, 2019 | 11.5% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 16.9% | +10.1 |
| Q2 FY2026 | Jun 30, 2026 | 11.9% | +3.6 |
| Q1 FY2026 | Mar 31, 2026 | 5.8% | −5.0 |
| Q4 FY2025 | Dec 31, 2025 | 14.3% | +0.4 |
| Q3 FY2025 | Sep 30, 2025 | 6.8% | −7.1 |
| Q2 FY2025 | Jun 30, 2025 | 8.3% | +5.9 |
| Q1 FY2025 | Mar 31, 2025 | 10.8% | +11.4 |
| Q4 FY2024 | Dec 31, 2024 | 13.9% | +15.8 |
| Q3 FY2024 | Sep 30, 2024 | 13.9% | +7.6 |
| Q2 FY2024 | Jun 30, 2024 | 2.3% | +0.2 |
| Q1 FY2024 | Mar 31, 2024 | -0.6% | −0.0 |
| Q4 FY2023 | Dec 31, 2023 | -1.8% | −4.9 |
| Q3 FY2023 | Sep 30, 2023 | 6.3% | +2.2 |
| Q2 FY2023 | Jun 30, 2023 | 2.1% | −1.8 |
| Q1 FY2023 | Mar 31, 2023 | -0.6% | +1.6 |
| Q4 FY2022 | Dec 31, 2022 | 3.1% | −3.3 |
| Q3 FY2022 | Sep 30, 2022 | 4.1% | −2.0 |
| Q2 FY2022 | Jun 30, 2022 | 3.9% | −6.7 |
| Q1 FY2022 | Mar 31, 2022 | -2.2% | −12.6 |
| Q4 FY2021 | Dec 31, 2021 | 6.4% | −3.9 |
| Q3 FY2021 | Sep 30, 2021 | 6.1% | −5.9 |
| Q2 FY2021 | Jun 30, 2021 | 10.6% | – |
| Q1 FY2021 | Mar 31, 2021 | 10.4% | – |
| Q4 FY2020 | Dec 31, 2020 | 10.3% | – |
| Q3 FY2020 | Sep 30, 2020 | 12.0% | – |
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