Wheels Up Experience annual operating margin
2019
2020
2021
2022
2023
2024
2025
Wheels Up Experience Operating Margin Growth & History (UP)
Wheels Up Experience's operating margin was −27.62% for fiscal 2025.
View full Wheels Up Experience company overviewWheels Up Experience annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −27.62% | +5.05 pp |
| 2024 | 2024-12-31 | −32.67% | +2.72 pp |
| 2023 | 2023-12-31 | −35.39% | +0.06 pp |
| 2022 | 2022-12-31 | −35.45% | −18.43 pp |
| 2021 | 2021-12-31 | −17.02% | −7.96 pp |
| 2020 | 2020-12-31 | −9.06% | +11.24 pp |
| 2019 | 2019-12-31 | −20.30% | — |
Wheels Up Experience quarterly operating 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 | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −40.87% | −9.45 pp |
| Q1 2026 | 2026-03-31 | −33.95% | +11.54 pp |
| Q4 2025 | 2025-12-31 | −0.93% | +25.11 pp |
| Q3 2025 | 2025-09-30 | −33.07% | −11.48 pp |
| Q2 2025 | 2025-06-30 | −31.43% | +8.85 pp |
| Q1 2025 | 2025-03-31 | −45.49% | −2.60 pp |
| Q4 2024 | 2024-12-31 | −26.04% | +0.31 pp |
| Q3 2024 | 2024-09-30 | −21.59% | +18.72 pp |
| Q2 2024 | 2024-06-30 | −40.28% | +5.38 pp |
| Q1 2024 | 2024-03-31 | −42.90% | −15.42 pp |
| Q4 2023 | 2023-12-31 | −26.35% | +27.91 pp |
| Q3 2023 | 2023-09-30 | −40.31% | −4.23 pp |
| Q2 2023 | 2023-06-30 | −45.66% | −23.54 pp |
| Q1 2023 | 2023-03-31 | −27.47% | +1.00 pp |
| Q4 2022 | 2022-12-31 | −54.26% | −30.42 pp |
| Q3 2022 | 2022-09-30 | −36.08% | −13.37 pp |
| Q2 2022 | 2022-06-30 | −22.12% | −13.44 pp |
| Q1 2022 | 2022-03-31 | −28.47% | −17.90 pp |
| Q4 2021 | 2021-12-31 | −23.84% | −23.83 pp |
| Q3 2021 | 2021-09-30 | −22.71% | — |
| Q2 2021 | 2021-06-30 | −8.68% | — |
| Q1 2021 | 2021-03-31 | −10.57% | — |
| Q3 2020 | 2020-09-30 | −0.01% | — |
Wheels Up Experience operating margin trends
Over the last five reported fiscal years, Wheels Up Experience's operating margin decreased from −9.06% to −27.62%, a change of −18.56 percentage points. The latest reported quarter, Q2 2026, shows −40.87%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income 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.
Review Wheels Up Experience filings at SEC.gov ↗