Income Statement (TTM)
Wheels Up Experience Inc. Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.
All numbers are times 1,000,000 except per share units.
|
2020 12-31 |
2021 03-31 |
2021 06-30 |
2021 09-30 |
2021 12-31 |
2022 03-31 |
2022 06-30 |
2022 09-30 |
2022 12-31 |
2023 03-31 |
2023 06-30 |
2023 09-30 |
2023 12-31 |
2024 03-31 |
2024 06-30 |
2024 09-30 |
2024 12-31 |
2025 03-31 |
2025 06-30 |
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 695 | 801 | 952 | 1,059 | 1,194 | 1,258 | 1,398 | 1,517 | 1,580 | 1,606 | 1,515 | 1,415 | 1,253 | 1,099 | 960 | 834 | 792 | 773 | 766 |
| Change (%) | 15.19 | 18.89 | 11.26 | 12.77 | 5.36 | 11.12 | 8.47 | 4.17 | 1.66 | -5.63 | -6.62 | -11.44 | -12.34 | -12.63 | -13.14 | -4.99 | -2.47 | -0.86 | |
| % of Revenue | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |
| Cost Of Sales | 635 | 688 | 810 | 942 | 1,118 | 1,229 | 1,396 | 1,529 | 1,540 | 1,550 | 1,459 | 1,343 | 1,199 | 1,048 | 915 | 795 | 722 | 684 | 673 |
| Change (%) | 8.37 | 17.74 | 16.36 | 18.59 | 9.95 | 13.63 | 9.51 | 0.73 | 0.64 | -5.86 | -8.00 | -10.72 | -12.58 | -12.69 | -13.12 | -9.18 | -5.23 | -1.57 | |
| % of Revenue | 91.34 | 85.93 | 85.10 | 88.99 | 93.58 | 97.67 | 99.87 | 100.83 | 97.50 | 96.53 | 96.29 | 94.87 | 95.64 | 95.38 | 95.32 | 95.35 | 91.14 | 88.56 | 87.92 |
| Gross Operating Profit | 60 | 113 | 142 | 117 | 77 | 29 | 2 | -13 | 39 | 56 | 56 | 73 | 55 | 51 | 45 | 39 | 70 | 88 | 92 |
| Change (%) | 87.07 | 25.94 | -17.82 | -34.27 | -61.69 | -93.95 | -812.34 | -411.89 | 41.47 | 0.69 | 29.29 | -24.77 | -7.15 | -11.43 | -13.73 | 81.03 | 25.94 | 4.66 | |
| % of Revenue | 8.66 | 14.07 | 14.90 | 11.01 | 6.42 | 2.33 | 0.13 | -0.83 | 2.50 | 3.47 | 3.71 | 5.13 | 4.36 | 4.62 | 4.68 | 4.65 | 8.86 | 11.44 | 12.08 |
| SG&A | 115 | 141 | 169 | 191 | 193 | 199 | 227 | 234 | 301 | 293 | 281 | 264 | 235 | 237 | 229 | 211 | 222 | 223 | 240 |
| Change (%) | 22.98 | 19.47 | 13.51 | 1.02 | 3.05 | 13.83 | 3.22 | 28.38 | -2.66 | -4.12 | -5.86 | -11.15 | 0.83 | -3.30 | -8.00 | 5.41 | 0.50 | 7.80 | |
| % of Revenue | 16.52 | 17.64 | 17.72 | 18.08 | 16.19 | 15.84 | 16.23 | 15.44 | 19.03 | 18.22 | 18.52 | 18.67 | 18.73 | 21.54 | 23.84 | 25.25 | 28.02 | 28.87 | 31.39 |
| R&D | 21 | 23 | 27 | 29 | 34 | 38 | 43 | 52 | 57 | 60 | 61 | 63 | 60 | 57 | 53 | 43 | 41 | 40 | 39 |
| Change (%) | 10.34 | 15.43 | 10.18 | 13.89 | 12.41 | 14.52 | 20.75 | 9.66 | 4.16 | 1.55 | 3.67 | -5.09 | -4.18 | -6.83 | -19.50 | -4.95 | -1.37 | -2.92 | |
| % of Revenue | 3.02 | 2.90 | 2.81 | 2.78 | 2.81 | 3.00 | 3.09 | 3.44 | 3.62 | 3.71 | 4.00 | 4.44 | 4.75 | 5.20 | 5.54 | 5.14 | 5.14 | 5.19 | 5.09 |
| OpEx | 829 | 910 | 1,062 | 1,219 | 1,399 | 1,521 | 1,724 | 1,876 | 1,964 | 1,969 | 1,866 | 1,734 | 1,551 | 1,401 | 1,257 | 1,105 | 1,041 | 1,009 | 1,012 |
| Change (%) | 9.81 | 16.62 | 14.78 | 14.78 | 8.70 | 13.36 | 8.81 | 4.72 | 0.23 | -5.23 | -7.08 | -10.50 | -9.69 | -10.29 | -12.07 | -5.80 | -3.11 | 0.33 | |
| % of Revenue | 119.30 | 113.73 | 111.55 | 115.08 | 117.13 | 120.85 | 123.28 | 123.68 | 124.33 | 122.58 | 123.10 | 122.50 | 123.79 | 127.53 | 130.95 | 132.57 | 131.43 | 130.57 | 132.14 |
| Operating Income | -134 | -110 | -110 | -160 | -205 | -262 | -326 | -359 | -384 | -363 | -350 | -318 | -298 | -302 | -297 | -272 | -249 | -236 | -246 |
| Change (%) | -18.07 | 0.04 | 45.20 | 28.12 | 28.22 | 24.13 | 10.31 | 7.03 | -5.66 | -3.45 | -9.06 | -6.35 | 1.45 | -1.80 | -8.58 | -8.31 | -5.16 | 4.23 | |
| % of Revenue | -19.30 | -13.73 | -11.55 | -15.08 | -17.13 | -20.85 | -23.28 | -23.68 | -24.33 | -22.58 | -23.10 | -22.50 | -23.79 | -27.53 | -30.95 | -32.57 | -31.43 | -30.57 | -32.14 |
| Interest Expense | -23 | -21 | -19 | -14 | -10 | -5 | -1 | -0 | -8 | -16 | -23 | -35 | -41 | -48 | -57 | -61 | -65 | -71 | -76 |
| Change (%) | -8.06 | -9.17 | -25.17 | -33.73 | -47.87 | -83.92 | -97.99 | 46,868.75 | 108.04 | 48.98 | 48.33 | 19.41 | 15.60 | 18.89 | 8.44 | 6.29 | 8.15 | 7.66 | |
| % of Revenue | -3.31 | -2.64 | -2.02 | -1.36 | -0.80 | -0.39 | -0.06 | -0.00 | -0.48 | -0.97 | -1.54 | -2.44 | -3.29 | -4.34 | -5.91 | -7.37 | -8.25 | -9.15 | -9.94 |
| Net Income | -79 | -64 | -68 | -145 | -190 | -249 | -316 | -406 | -555 | -567 | -635 | -631 | -487 | -484 | -420 | -333 | -340 | -342 | -327 |
| Change (%) | -19.16 | 6.88 | 113.90 | 30.74 | 31.18 | 26.72 | 28.60 | 36.66 | 2.20 | 11.96 | -0.63 | -22.78 | -0.71 | -13.15 | -20.72 | 1.93 | 0.57 | -4.30 | |
| % of Revenue | -11.32 | -7.94 | -7.14 | -13.72 | -15.91 | -19.81 | -22.59 | -26.79 | -35.14 | -35.33 | -41.91 | -44.60 | -38.89 | -44.05 | -43.79 | -39.97 | -42.88 | -44.21 | -42.68 |
Source: Capital IQ
