Filing Flows › Wheels Up Experience (UP) › Q3 2026 › vs Q2 2026
Wheels Up Experience (UP) Q3 2026 vs Q2 2026 (quarter over quarter)
Wheels Up Experience's revenue fell $17.2M (-9%) from $182M in Q2 2026 to $165M in Q3 2026.
Wheels Up Experience, Q3 2026: revenue $165M (-11% year over year), operating margin -30.5%, net loss $89.4M, operating cash flow −$17.1M. The chart draws each line against Q2 2026, the increases inside each band.
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $165M | $182M | −$17.2M | -9% |
| Net loss | $89.4M | $107M | −$17.8M | -17% |
| Costs & expenses | $254M | $289M | −$35.1M | -12% |
| Operating costs | $215M | $256M | −$41.3M | -16% |
| Interest & other, net | $38.9M | $33.0M | $6.0M | +18% |
| Income tax | $204K | −$119K | $323K | — |
| Cost of revenue | $137M | $160M | −$23.4M | -15% |
| Research & development | $8.9M | $8.8M | $90K | +1% |
| Sales & marketing | $21.5M | $26.7M | −$5.2M | -19% |
| General & admin | $35.8M | $31.7M | $4.1M | +13% |
| Other operating costs | $11.9M | $28.8M | −$16.9M | -59% |
| Operating cash sources | $89.4M | $107M | −$17.8M | -17% |
| Depreciation & amortization | $4.6M | $4.0M | $600K | +15% |
| Share-based compensation | $12.3M | $12.5M | −$267K | -2% |
| Working capital & other | $55.5M | −$923K | $56.4M | — |
| Cash used in operations | $17.1M | $91.6M | −$74.5M | -81% |
| Net loss absorbed | $89.4M | $107M | −$17.8M | -17% |
Questions
How much did Wheels Up Experience's revenue grow quarter over quarter in Q3 2026?
Wheels Up Experience's revenue fell $17.2M (-9%) from $182M in Q2 2026 to $165M in Q3 2026.