Filing Flows › Wheels Up Experience (UP) › Q3 2026 › vs Q3 2025
Wheels Up Experience (UP) Q3 2026 vs Q3 2025 (year over year)
Wheels Up Experience's revenue fell $20.7M (-11%) from $185M in Q3 2025 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 Q3 2025, the increases inside each band.
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $165M | $185M | −$20.7M | -11% |
| Net loss | $89.4M | $83.7M | $5.7M | +7% |
| Costs & expenses | $254M | $269M | −$15.0M | -6% |
| Operating costs | $215M | $247M | −$31.7M | -13% |
| Interest & other, net | $38.9M | $21.1M | $17.9M | +85% |
| Income tax | $204K | $1.3M | −$1.1M | -85% |
| Cost of revenue | $137M | $173M | −$35.9M | -21% |
| Research & development | $8.9M | $10.2M | −$1.2M | -12% |
| Sales & marketing | $21.5M | $22.1M | −$551K | -2% |
| General & admin | $35.8M | $32.0M | $3.8M | +12% |
| Other operating costs | $11.9M | $9.7M | $2.2M | +23% |
| Operating cash sources | $89.4M | $83.7M | $5.7M | +7% |
| Depreciation & amortization | $4.6M | $5.0M | −$400K | -8% |
| Share-based compensation | $12.3M | $12.5M | −$223K | -2% |
| Working capital & other | $55.5M | $29.1M | $26.4M | +91% |
| Cash used in operations | $17.1M | $37.1M | −$20.0M | -54% |
| Net loss absorbed | $89.4M | $83.7M | $5.7M | +7% |
Questions
How much did Wheels Up Experience's revenue grow year over year in Q3 2026?
Wheels Up Experience's revenue fell $20.7M (-11%) from $185M in Q3 2025 to $165M in Q3 2026.