Wheels Up Experience annual gross margin
2019
2020
2021
2022
2023
2024
2025
Wheels Up Experience Gross Margin Growth & History (UP)
Wheels Up Experience's gross margin was 10.01% for fiscal 2025.
View full Wheels Up Experience company overviewWheels Up Experience annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 10.01% | +2.56 pp |
| 2024 | 2024-12-31 | 7.45% | +5.79 pp |
| 2023 | 2023-12-31 | 1.66% | −0.84 pp |
| 2022 | 2022-12-31 | 2.50% | −3.92 pp |
| 2021 | 2021-12-31 | 6.42% | −2.25 pp |
| 2020 | 2020-12-31 | 8.66% | −2.83 pp |
| 2019 | 2019-12-31 | 11.49% | — |
Wheels Up Experience quarterly gross margin
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 11.91% | +3.65 pp |
| Q1 2026 | 2026-03-31 | 5.76% | −5.00 pp |
| Q4 2025 | 2025-12-31 | 14.33% | +0.39 pp |
| Q3 2025 | 2025-09-30 | 6.80% | −7.15 pp |
| Q2 2025 | 2025-06-30 | 8.27% | +5.93 pp |
| Q1 2025 | 2025-03-31 | 10.76% | +11.35 pp |
| Q4 2024 | 2024-12-31 | 13.94% | +15.78 pp |
| Q3 2024 | 2024-09-30 | 13.95% | +7.64 pp |
| Q2 2024 | 2024-06-30 | 2.34% | +0.20 pp |
| Q1 2024 | 2024-03-31 | −0.59% | −0.03 pp |
| Q4 2023 | 2023-12-31 | −1.84% | −4.94 pp |
| Q3 2023 | 2023-09-30 | 6.30% | +2.18 pp |
| Q2 2023 | 2023-06-30 | 2.14% | −1.77 pp |
| Q1 2023 | 2023-03-31 | −0.56% | +1.62 pp |
| Q4 2022 | 2022-12-31 | 3.09% | −3.32 pp |
| Q3 2022 | 2022-09-30 | 4.12% | −2.00 pp |
| Q2 2022 | 2022-06-30 | 3.90% | −6.74 pp |
| Q1 2022 | 2022-03-31 | −2.19% | −12.56 pp |
| Q4 2021 | 2021-12-31 | 6.42% | — |
| Q3 2021 | 2021-09-30 | 6.12% | −5.91 pp |
| Q2 2021 | 2021-06-30 | 10.64% | — |
| Q1 2021 | 2021-03-31 | 10.38% | — |
| Q3 2020 | 2020-09-30 | 12.04% | — |
Wheels Up Experience gross margin trends
Over the last five fiscal years, Wheels Up Experience's gross margin increased from 8.66% to 10.01%, a change of +1.35 percentage points. The latest reported quarter, Q2 2026, shows 11.91%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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