Flagship explainer
How WHEELS UP EXPERIENCE INC. makes its money
Start with a dollar of revenue and follow what the filing says remains.
Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.
| Filed line | Value | % of revenue | Source |
|---|---|---|---|
| $736M | 100% |
| |
| Cost of revenue | $663M | 90% |
|
| $73.7M | 10% |
| |
| −$203M | −28% |
| |
| Income before tax | −$291M | −39% |
|
| Income tax | $3.5M | 0% |
|
| −$294M | −40% |
|
Source:
- SEC filing · FY 2025Filing detailsAccession 0001628280-26-016512