Wheels Up announced its second quarter 2025 results, with revenue decreasing by 3% year-over-year to $189.6 million. Despite the revenue dip, the company significantly improved its gross profit to $2.2 million, a $13.2 million improvement from the previous year's loss. Net loss also improved by 15% to $82.3 million, or $(0.12) per share, reflecting the company's strategic shift towards more profitable operations and fleet modernization.

Wheels Up Experience Inc. experienced a challenging first quarter in 2025, with total revenue decreasing by 10% to $177.53 million and net loss increasing by 2% to $99.313 million compared to the same period last year. The decline was primarily due to a significant drop in membership revenue and a reduction in live flight legs, despite a focus on more profitable flying and cost reduction initiatives.

Wheels Up reported Q4 2024 revenue of $204.8 million, a 17% year-over-year decline. The company posted a net loss of $87.5 million, with an EPS of -$0.13. Adjusted EBITDA loss improved to $11.3 million from $38.1 million in Q4 2023. Live flight legs decreased by 11%, while revenue per live flight leg remained relatively stable.

Wheels Up reported stabilized revenue, record adjusted contribution margin, and improved net loss and operating cash flow in Q3 2024. The company is focused on fleet modernization and expects positive Adjusted EBITDA for the full year 2025.

Wheels Up reported a revenue of $196 million, a net loss of $97 million, and an adjusted EBITDA loss of $37 million. The company focused on more profitable flying and divested non-core assets, leading to an increased adjusted contribution margin of 7.8%.

Wheels Up's Q1 2024 revenue decreased by $155 million year-over-year to $197 million, with nearly half the decrease due to exiting the aircraft management and aircraft sale businesses. Net loss improved slightly year-over-year to $97 million, and Adjusted EBITDA was relatively flat at a loss of $49 million. The company saw sequential improvement in March, which is continuing into the second quarter, driven by rebalancing the revenue mix, reducing the cost structure, and improving operational execution.

Wheels Up reported a decrease in total revenue to $246 million, primarily due to the divestiture of the Aircraft Management business. However, the company saw a significant decrease in net loss to $81 million and an improvement in Adjusted EBITDA loss to $38 million, reflecting operational efficiency and cost reduction efforts. The company added $40 million of investor capital and introduced the new UP for Business program.

Wheels Up reported a decrease in revenue to $320 million, but showed improvements in adjusted contribution and EBITDA. The company secured a $450 million investment and is focusing on operational efficiency and profitability.

Wheels Up reported a decrease in revenue by 21% year-over-year to $335 million and an increase in net loss year-over-year to $161 million, which included a $70 million non-cash goodwill impairment charge. However, the company saw slight improvement in Adjusted EBITDA to a loss of $40 million and made progress on operational initiatives.

Wheels Up Experience Inc. reported an 8% increase in revenue to $352 million for the first quarter of 2023. Active Members decreased 1% year-over-year to 12,285. The net loss increased to $101 million, and the Adjusted EBITDA loss was $48.9 million.

Wheels Up's Q4 2022 revenue increased by 18% year-over-year to $408 million. Active Members increased 5% year-over-year to 12,661. Net loss increased $162 million year-over-year to $239 million, primarily driven by a non-cash impairment charge of $132 million. Adjusted EBITDA improved by $3 million year-over-year to a loss of $44 million.

Wheels Up reported record third-quarter revenue, up 39% year-over-year, driven by strong demand and the acquisition of Air Partner. The company is focused on achieving Adjusted EBITDA profitability in 2024 through cost reductions and streamlined operations.

Wheels Up Experience Inc. announced strong second-quarter results, with revenue increasing by 49% year-over-year to $425.5 million. Growth was fueled by strong demand in prepaid block sales and a rise in active members. However, the company's net loss increased to $92.8 million, and Adjusted EBITDA decreased to a loss of $46.9 million.

Wheels Up Experience Inc. reported a 24% year-over-year increase in revenue to $325.6 million for the first quarter of 2022. Active Members grew by 26% to 12,424, and Live Flight Legs increased by 15% to 17,626. However, the company experienced a net loss of $89.0 million and an adjusted EBITDA loss of $49.4 million.

Wheels Up Experience Inc. reported a record revenue for Q4 2021, with a 64% increase year-over-year to $345 million. Active Members grew by 31% to 12,040, and Live Flight Legs increased by 63% to 20,296. However, the net loss increased by $42 million to $77 million, and Adjusted EBITDA decreased by $35 million to a loss of $46 million.

Wheels Up Experience Inc. announced record revenue for the third quarter of 2021, with a 55% increase year-over-year to $302.0 million. Active Members grew 45% year-over-year to 11,375, and Live Flight Legs increased 52% year-over-year to 19,714. However, the company experienced a net loss of $59.5 million, compared to a net income of $20.5 million in the same period last year.

Wheels Up announced strong Q2 2021 financial results, marked by a 113% year-over-year increase in revenue to $285.6 million. The company also reported a net loss of $(29.0) million and an adjusted EBITDA of $(8.5) million.