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Wheels Up Experience Inc. (UP) stock

UPNYSEAir Transportation, NonscheduledFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 5, 2026Score 2/30
$2.60+0.14 (+5.69%)

Close on Nov 11, 2026Market cap $94.32MP/E –Yield –

Wheels Up Experience r&d expenses

Research and development expenses are spending on new products and technology.

Wheels Up Experience's R&D Expenses for the twelve months ending Sep 30, 2026 was $35.22M, down 10.9% year over year. For fiscal 2025 it was $38.76M, down 4.7% from the year before. The highest annual figure on record is $61.87M in fiscal 2023.

Annual r&d expenses

PeriodPeriod endValueChange
FY2025Dec 31, 2025$38.76M-4.7%
FY2024Dec 31, 2024$40.69M-34.2%
FY2023Dec 31, 2023$61.87M+8.1%
FY2022Dec 31, 2022$57.24M+70.5%
FY2021Dec 31, 2021$33.58M+59.8%
FY2020Dec 31, 2020$21.01M+50.4%
FY2019Dec 31, 2019$13.97M–

Quarterly r&d expenses

Change is against the same quarter a year earlier.

PeriodPeriod endValueChange
Q3 FY2026Sep 30, 2026$8.93M-12.2%
Q2 FY2026Jun 30, 2026$8.84M-5.5%
Q1 FY2026Mar 31, 2026$8.74M-17.0%
Q4 FY2025Dec 31, 2025$8.71M-8.2%
Q3 FY2025Sep 30, 2025$10.17M+6.0%
Q2 FY2025Jun 30, 2025$9.36M-11.1%
Q1 FY2025Mar 31, 2025$10.52M-5.0%
Q4 FY2024Dec 31, 2024$9.49M-18.3%
Q3 FY2024Sep 30, 2024$9.59M-51.9%
Q2 FY2024Jun 30, 2024$10.53M-27.0%
Q1 FY2024Mar 31, 2024$11.08M-30.2%
Q4 FY2023Dec 31, 2023$11.61M-21.6%
Q3 FY2023Sep 30, 2023$19.96M+20.0%
Q2 FY2023Jun 30, 2023$14.43M-1.2%
Q1 FY2023Mar 31, 2023$15.87M+41.8%
Q4 FY2022Dec 31, 2022$14.80M-55.9%
Q3 FY2022Sep 30, 2022$16.64M+89.7%
Q2 FY2022Jun 30, 2022$14.61M+82.0%
Q1 FY2022Mar 31, 2022$11.19M+59.3%
Q4 FY2021Dec 31, 2021$33.58M+492.7%
Q3 FY2021Sep 30, 2021$8.77M+45.1%
Q2 FY2021Jun 30, 2021$8.03M–
Q1 FY2021Mar 31, 2021$7.02M–
Q4 FY2020Dec 31, 2020$5.67M–
Q3 FY2020Sep 30, 2020$6.04M–

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