UP · NYSE · Airlines, Airports & Air Services

Wheels Up Experience

Connecting private-aviation membership and charter access with Delta travel benefits.

$4.89
After-hours close+0.01 (+0.20%)
At close$4.88(−1.61%)
Loading prices…

Profile

Wheels Up Experience Inc.UPIndustrials

Membership programs and charter flights provide private-aircraft access through a technology-enabled marketplace. The Signature Program’s premium jet fleet and Delta-linked commercial-travel benefits define the current offering.

Membership programs and charter flights provide access to private aircraft through a technology-enabled marketplace. The current Signature Program is supported by a premium jet fleet after the company completed its shift away from legacy programs and fleets. The offering originated in a membership model and was broadened after the Delta Private Jets combination.

Connections with Delta’s premium commercial-travel ecosystem include eligibility for Medallion status, SkyMiles accrual, and specified use of eligible Wheels Up Fund balances. Programmatic and charter demand now sit alongside that partnership; its operating fleet has been consolidated under WUPJ’s single FAA operating certificate.

Company facts

CEOGeorge N. Mattson
ListedJul 14, 2021
ExchangeNYSE
HeadquartersChamblee, GA
CountryUnited States
Employees1,866
CIK0001819516
ISINUS96328L3042

Key statistics

Market cap$177.3M
EPS (ttm)−$8.46
P/E (ttm)−0.5780
ROE67.6%
P/B−0.3159
P/S0.2462
Dividend yield
Beta2.65vs XLI 0.70

Year to date −62.9% · Average volume (30d) 87.9K

Analysts

Price target, next 12 months$500.00+10,124.9%Median of 9 analysts · vs the Aug 28 close
ConsensusHold3 of 9 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

No analyst notes in the last 24 months.

Earnings

EPS

Estimate
ReportedDue Nov 4, 2026

Revenue

Estimate
ReportedDue Nov 4, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 4, 2026Q2 FY26−$2.35$182.0M−8.00%
May 11, 2026Q1 FY26−$1.97$168.9M−2.71%
Feb 19, 2026Q4 FY25−$0.40$472.7M$183.8M−61.1%−0.32%
Nov 5, 2025Q3 FY25−$2.00$499.0M$185.5M−62.8%+5.00%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$177.5M$189.6M$185.5M$183.8M$168.9M$182.0M
Gross profit−$1.1M$15.7M$12.6M−$10.6M−$2.0M$21.7M
Operating income−$80.8M−$59.6M−$61.3M−$50.6M−$59.3M−$74.6M
Net income−$99.3M−$82.3M−$83.7M−$28.9M−$83.0M−$107.2M
Diluted EPS−$2.80−$2.40−$2.40−$0.80−$2.29−$2.97
Gross margin-0.6%8.3%6.8%-5.8%-1.2%11.9%
Operating margin-45.5%-31.4%-33.1%-27.5%-35.1%-41.0%

Fiscal years (4-quarter sums)FY21 $1.19B · FY22 $1.58B · FY23 $1.25B · FY24 $792.1M · FY25 $736.5M

Revenue by product · FY25

Flight-Related Services$2.5M · 100%

Revenue by geography · FY25

United States$641.0M · 87%
Non-US$95.5M · 13%

Balance sheet, Jun 30, 2026Cash & short-term investments $86.3M · Total debt $714.4M · Total assets $926.6M · Shareholders' equity −$560.3M

Dividends

No dividends on record.

Ownership

Institutions 81.70%29.62M sharesInsiders 1.96%709.8K sharesOther 16.34%5.93M shares

Shares outstanding 36.26M · Float 22.62M · 62.4% free float

A split settled inside the quarter being compared, so quarter-on-quarter change is not shown.

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
Delta Air Lines, Inc.13.17M36.32%13FAug 14, 2026
Knighthead Capital Management, LLC12.91M35.60%13FAug 14, 2026
CK Wheels LLC · 10 percent owner12.87M35.49%Form 4Jun 23, 2026
Whitebox Advisors LLC1.02M2.82%13FAug 14, 2026
Kore Advisors LP770.2K2.12%13FAug 14, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 10, 2026Meaghan Danielle Wellsofficer: Chief Growth Officer−4,358$5.41
Jun 23, 2026CK Wheels LLC10 percent owner−100$7.00
Jun 18, 2026CK Wheels LLC10 percent owner−27,524$8.05
Jun 17, 2026CK Wheels LLC10 percent owner−5,309$8.07
Jun 16, 2026CK Wheels LLC10 percent owner−4,021$8.15
View details

Peers

  • flyExclusive

    Fractional, Jet Club and charter programs overlap in U.S. private aviation

  • Surf Air Mobility

    On-demand private-charter platform for larger-cabin and longer trips

  • Joby Aviation

    Blade's charter-broker operation serves premium urban and fixed-wing flyers

CompareAfter-hours close

CompanyPriceChange
Wheels Up Experience$4.89+0.20%$177.3M0.2−4.0%
flyExclusive$1.23+0.82%$99.2M0.2+21.7%
Surf Air Mobility$0.7190+0.55%$79.7M0.7+7.6%
Joby Aviation$7.01+0.57%$6.87B59.0+257,493.3%
Median0.7+21.7%