Wheels Up Experience annual net debt
2020
2021
2022
2023
2024
2025
Wheels Up Experience Net Debt Growth & History (UP)
Wheels Up Experience's net debt was $339.4M for fiscal 2025.
View full Wheels Up Experience company overviewWheels Up Experience annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $339.4M | $83.0M | +32.39% |
| 2024 | 2024-12-31 | $256.4M | $183.4M | +251.28% |
| 2023 | 2023-12-31 | $73.0M | $292.9M | — |
| 2022 | 2022-12-31 | −$219.9M | $449.6M | — |
| 2021 | 2021-12-31 | −$669.5M | −$640.0M | — |
| 2020 | 2020-12-31 | −$29.5M | — | — |
Wheels Up Experience quarterly net debt
Q4.20
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 | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $645.8M | $270.6M | +72.11% |
| Q1 2026 | 2026-03-31 | $501.6M | $195.9M | +64.09% |
| Q4 2025 | 2025-12-31 | $339.4M | $83.0M | +32.39% |
| Q3 2025 | 2025-09-30 | $353.5M | $166.7M | +89.25% |
| Q2 2025 | 2025-06-30 | $375.2M | $208.3M | +124.72% |
| Q1 2025 | 2025-03-31 | $305.7M | $169.7M | +124.75% |
| Q4 2024 | 2024-12-31 | $256.4M | $183.4M | +251.28% |
| Q3 2024 | 2024-09-30 | $186.8M | $88.4M | +89.89% |
| Q2 2024 | 2024-06-30 | $167.0M | −$18.2M | −9.82% |
| Q1 2024 | 2024-03-31 | $136.0M | $145.1M | — |
| Q4 2023 | 2023-12-31 | $73.0M | $292.9M | — |
| Q3 2023 | 2023-09-30 | $98.4M | $266.8M | — |
| Q2 2023 | 2023-06-30 | $185.2M | $493.0M | — |
| Q1 2023 | 2023-03-31 | −$9.1M | $404.6M | — |
| Q4 2022 | 2022-12-31 | −$219.9M | $449.6M | — |
| Q3 2022 | 2022-09-30 | −$168.4M | $247.3M | — |
| Q2 2022 | 2022-06-30 | −$307.8M | — | — |
| Q1 2022 | 2022-03-31 | −$413.7M | — | — |
| Q4 2021 | 2021-12-31 | −$669.5M | −$640.0M | — |
| Q3 2021 | 2021-09-30 | −$415.7M | — | — |
| Q4 2020 | 2020-12-31 | −$29.5M | — | — |
Wheels Up Experience net debt trends
Over the last five fiscal years, Wheels Up Experience's net debt increased from −$29.5M to $339.4M, a change of $368.9M. The latest reported quarter, Q2 2026, shows $645.8M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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