Wheels Up Experience Inc. (UP)

From the record

Wheels Up Experience Inc.'s filings since 2020 show 10 warning events of 4 kinds: a notice about its exchange listing (8-K item 3.01, 3 times, the latest 2025-12-19); a warning not to rely on past financial statements (8-K item 4.02, 2 times, the latest 2023-03-31); an auditor change (8-K item 4.01, the latest 2021-07-19); a late-report notice (Form NT 10-K or NT 10-Q, 4 times, the latest 2023-08-09) (its current reports).

From the record

Wheels Up Experience Inc.'s 7 filed years say what it did: revenue went from $385 million in fiscal 2019 to $736 million in fiscal 2025, up 11.4% a year; it rose in 3 of 6 years; the deepest fall was 53% from fiscal 2022 to fiscal 2025; net income was positive in 0 of 7 of those years (its annual reports).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Wheels Up Experience Inc.'s shareholders' equity was below zero, so the profit on it is not read, and gross profitability: its products earned about 8 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 140 cents per dollar of assets, and net share issuance: its share count grew 1.2% over the year (the filed statements).

From the record

Wheels Up Experience Inc.'s standing among 12 graded names in its industry family: revenue of $736 million in fiscal 2025 ranks in the top 50% by size; a net margin of -39.9% ranks in the bottom 13%; revenue growth of -22.5% a year over the last 3 filed years ranks in the bottom 13% (its annual reports).

From the record

Wheels Up Experience Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Mattson, George N (Chief Executive Officer, as filed), filing under that title since 2026-05-15, 6 months (bottom 30% of its family); the 13 officers and directors filing in the last fifteen months have been on the record a median of 2.8 years (bottom 17%); 12 officer or director changes were reported on Form 8-K since 2023-11-13, against the 13 people in charge now (bottom 44%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Wheels Up Experience Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $165 million against debt of $671 million leaves -52.3% of its assets as net cash, bottom 5% of its family; cash from operations less capital spending is -35.3% of revenue (bottom 21%); a gross margin of 10% (bottom 30%); research spending of 5.3% of revenue (top 25%) (its annual report).

From the record

Wheels Up Experience Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -22.5% a year over the last three filed years against 11.4% over all 7, slowing (bottom 4% of its family); the newest year grew -7% (bottom 21%); research spending grew -12.2% a year (bottom 25%); capital spending grew 3.9% a year (bottom 45%) (its annual reports). Wheels Up Experience Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

From the record

Wheels Up Experience Inc.'s newest year against its own record: revenue of $736 million in fiscal 2025 came in 31.3% above the $561 million its prior three years' pace pointed to (top 14% of its family); net income of $294 million against a prior three-year average of $461 million (top 41%); a net margin of -39.9% against -39% before (bottom 23%) (its annual reports).