Filing Flows › Wheels Up Experience (UP) › Q2 2026 › vs Q1 2026
Wheels Up Experience (UP) Q2 2026 vs Q1 2026 (quarter over quarter)
Wheels Up Experience's revenue rose $13.1M (+8%) from $169M in Q1 2026 to $182M in Q2 2026.
Wheels Up Experience, Q2 2026: revenue $182M (-4% year over year), operating margin -40.9%, net loss $107M, operating cash flow −$91.6M. The chart draws each line against Q1 2026, the increases inside each band.
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $182M | $169M | $13.1M | +8% |
| Income tax benefit | $119K | −$509K | $628K | — |
| Net loss | $107M | $83.0M | $24.3M | +29% |
| Costs & expenses | $289M | $252M | $37.5M | +15% |
| Operating costs | $256M | $226M | $30.1M | +13% |
| Interest & other, net | $33.0M | $25.1M | $7.9M | +31% |
| Cost of revenue | $160M | $159M | $1.1M | +0.7% |
| Research & development | $8.8M | $8.7M | $103K | +1% |
| Sales & marketing | $26.7M | $22.2M | $4.6M | +21% |
| General & admin | $31.7M | $26.8M | $4.8M | +18% |
| Other operating costs | $28.8M | $9.3M | $19.5M | +209% |
| Operating cash sources | $108M | $115M | −$6.4M | -6% |
| Depreciation & amortization | $4.0M | $3.6M | $400K | +11% |
| Share-based compensation | $12.5M | $11.4M | $1.2M | +10% |
| Cash used in operations | $91.6M | $99.6M | −$8.0M | -8% |
| Net loss absorbed | $107M | $83.0M | $24.3M | +29% |
| Working capital & other | $923K | $31.7M | −$30.7M | -97% |
Questions
How much did Wheels Up Experience's revenue grow quarter over quarter in Q2 2026?
Wheels Up Experience's revenue rose $13.1M (+8%) from $169M in Q1 2026 to $182M in Q2 2026.