Latest revenue
$168.9M
as of 2026-03-31
Latest net income
$-83.0M
as of 2026-03-31
Net margin
-49.1%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $330.0M
- Enterprise value
- $330.0M
- P/E (trailing)
- —
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 0.0%
- 52-wk high
- $9.40
- 52-wk low
- $0.36
- Beta
- —
- Shares out
- 36.2M
5-year trend
What this company does
ITEM 1. BUSINESS Wheels Up is a leading global provider of on-demand private aviation with a large, diverse aircraft fleet and a network of safety-vetted charter operators, all committed to safety and service. Our offering is delivered through a mix of our membership program and charter solutions that strategically utilize our controlled aircraft fleet and charter operators to deliver a greater range of travel alternatives. In addition, our first-of-its-kind partnership with Delta Air Lines, Inc. (“Delta”) provides our members and customers with a seamless offering across both private and premium commercial travel. Our Offerings and Services As part of the multi-year business transformation…
AI summary unavailable — showing raw filing excerpt
Generated from UP's filing dated 2026-03-10
Key risks
ITEM 1A. RISK FACTORS Risks Relating to Our Business Model, Strategic Execution and External Environment We may not be able to successfully implement our growth strategies or realize the expected benefits of our strategic initiatives, including changes in our commercial offerings, operational efficiency and cost reduction actions, and our fleet modernization strategy. To timely achieve our business and financial goals, we must, among other things, grow our service offerings and customer base to continue competing effectively, realize efficiencies and cost savings, leverage our first-of-its-kind partnership with Delta, progress our fleet modernization strategy, optimize our asset utilization…
AI summary unavailable — showing raw filing excerpt
Generated from UP's filing dated 2026-03-10
Profitability
Operating margin
-27.6%
15.5%Net margin
-39.9%
6.8%Return on equity
75.0%
55.3%Return on assets
-30.4%
3.5%Leverage
Debt / equity
-3.47×
48.4%Long-term debt / equity
-0.81×
56.7%Debt / assets
140.5%
19.6%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $168.9M | -4.8% | $-83.0M | +16.5% | -49.1% |
Q4 2025 2025-12-31 | $183.8M | -10.2% | $-28.9M | +67.0% | -15.7% |
Q3 2025 2025-09-30 | $185.5M | -4.3% | $-83.7M | -45.0% | -45.1% |
Q2 2025 2025-06-30 | $189.6M | -3.4% | $-82.3M | +15.1% | -43.4% |
Q1 2025 2025-03-31 | $177.5M | -9.9% | $-99.3M | -2.0% | -55.9% |
Q4 2024 2024-12-31 | $204.8M | — | $-87.5M | — | -42.7% |
Q3 2024 2024-09-30 | $193.9M | -39.4% | $-57.7M | +60.1% | -29.8% |
Q2 2024 2024-06-30 | $196.3M | -41.4% | $-97.0M | +39.6% | -49.4% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Air Transportation, Nonscheduled · SIC 4522
Your notes
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Insider activity
Insider buying
$146.2K
Insider selling
$801.3K
Net activity
−$655.1K
Distinct insiders
8
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns UP
Institutional value
$12.9M
Total shares held
24.8M
Distinct holders
57
-32 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | Kore Advisors LP | 15.2M | $7.8M | +94.2K (+0.6%) | Added |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 3.2M | $1.7M | — | New |
| 3 | BlackRock, Inc. | 1.3M | $666.8K | -12.8K (-1.0%) | Trimmed |
| 4 | Inspire Investing, LLC | 1.1M | $575.5K | +333.4K (+42.7%) | Added |
| 5 | UBS Group AG | 1.1M | $544.1K | +867.3K (+463.2%) | Added |
| 6 | J. Derek Lewis & Associates Inc. | 542.0K | $355.7K | +0 (+0.0%) | No change |
| 7 | VANGUARD FIDUCIARY TRUST CO | 612.5K | $316.7K | — | New |
| 8 | JANE STREET GROUP, LLC | 442.2K | $228.4K | -30.0K (-6.3%) | Trimmed |
| 9 | GROUP ONE TRADING LLC | 271.3K | $140.2K | -3.6K (-1.3%) | Trimmed |
| 10 | INSTRUMENTAL WEALTH, LLC | 234.2K | $121.0K | +0 (+0.0%) | No change |
| 11 | Cetera Investment Advisers | 179.6K | $92.8K | +45.7K (+34.1%) | Added |
| 12 | BROWN WEALTH MANAGEMENT, LLC | 100.0K | $51.6K | — | New |
| 13 | LRI Investments, LLC | 59.0K | $30.5K | — | New |
| 14 | BLAIR WILLIAM & CO/IL | 46.2K | $23.8K | — | New |
| 15 | IMC-Chicago, LLC | 37.1K | $19.1K | — | New |
| 16 | LPL Financial LLC | 35.3K | $18.2K | — | New |
| 17 | Vanguard Global Advisers, LLC | 34.5K | $17.8K | — | New |
| 18 | Creative Planning | 24.0K | $12.4K | — | New |
| 19 | CIBC Asset Management Inc | 21.4K | $11.1K | +0 (+0.0%) | No change |
| 20 | Annex Advisory Services, LLC | 18.5K | $9.5K | +0 (+0.0%) | No change |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once UP's latest filing finishes processing.