Q3 FY2026 · ended Sep 30, 2026 · Revenue $164.79M, -11.2% YoY · Filed Nov 5, 2026
Wheels Up Experience Inc. (UP) files with the SEC under industry code 4522, Air Transportation, Nonscheduled. In Q3 of fiscal 2026, the quarter ended Sep 30, 2026, it reported revenue of $164.8 million and a net loss of $89.4 million. Free cash flow was -$71.1 million. As of Sep 30, 2026 it held $51.8 million in cash and investments and $1.1 billion in total debt.
Revenue
$164.79M
-11.2% vs year-ago quarter
Net income
$-89.44M
-6.8% vs year-ago quarter
Operating cash flow
$-17.09M
+54.0% vs year-ago quarter
Free cash flow
$-71.05M
-17.6% vs year-ago quarter
EPS
$-2.48
-4.2% vs year-ago quarter
Dividend per share
None
Shares outstanding
36.39M
-95.0% vs year-ago quarter
Net cash
$-1.08B
Q3 FY2026
Operating margin
-26.3%
TTM
Company profile
- Industry
- Air Transportation, Nonscheduled (SIC 4522)
- Listed as
- UP (NYSE)
- Fiscal year ends
- December 31
- Headquarters
- Chamblee, GA
- SEC filer status
- Accelerated filer, Smaller reporting company
- SEC CIK
- 1819516
- Former names
- Aspirational Consumer Lifestyle Corp. (until Jul 12, 2021)
Other Air Transportation, Nonscheduled companies
- Bristow Group Inc. VTOL
- Surf Air Mobility Inc. SRFM
- Flyexclusive Inc. FLYX
- Creatd, Inc. CRTD
- SOAR AI, Inc. SOAR
- Jet.AI Inc. JTAI
Key figures
Fiscal-year totals from the annual reports; switch to Annual for the full-year view. Balance sheet lines are as of each year end.
| Line | Q3 FY2026 Sep 30, 2026 |
Q2 FY2026 Jun 30, 2026 |
Q1 FY2026 Mar 31, 2026 |
Q4 FY2025 Dec 31, 2025 |
Q3 FY2025 Sep 30, 2025 |
|---|---|---|---|---|---|
| Revenue | $164.8M | $182.0M | $168.9M | $183.8M | $185.5M |
| Operating income | -$50.3M | -$74.4M | -$57.4M | -$1.7M | -$61.3M |
| Net income | -$89.4M | -$107.2M | -$83.0M | -$28.9M | -$83.7M |
| Diluted EPS | -$2.48 | -$2.97 | -$2.29 | -$0.01 | -$2.38 |
| Operating cash flow | -$17.1M | -$91.6M | -$99.6M | -$18.4M | -$37.1M |
| Free cash flow | -$71.1M | -$144.5M | -$162.0M | -$58.3M | -$60.4M |
| Total assets | $916.5M | $926.6M | $916.2M | $968.8M | $973.0M |
| Total liabilities | $1.6B | $1.5B | $1.4B | $1.4B | $1.3B |
| Stockholders' equity | -$637.2M | -$560.3M | -$465.7M | -$392.1M | -$374.5M |
| Cash and investments | $51.8M | $86.3M | $54.1M | $133.9M | $125.3M |
| Total debt | $1.1B | $1.0B | $882.6M | $809.3M | $821.4M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Nov 5, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Material agreement, Results of operations, New debt, Regulation FD disclosure
|
Nov 5, 2026 | Nov 3, 2026 |
| 8-K/A |
Amended current report
Results of operations
|
Oct 9, 2026 | Jul 31, 2026 |
| 8-K |
Current report
Officer or director change
|
Aug 14, 2026 | Aug 10, 2026 |
| 10-Q | Quarterly report | Aug 5, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Material agreement, Results of operations, New debt
|
Aug 4, 2026 | Jul 31, 2026 |
All 584 Wheels Up Experience Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.