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Wheels Up revenue
Wheels Up's revenue is $792.1 million.
What is Wheels Up's revenue?
- Wheels Up's revenue growth from 2020 to 2024 is 13.97%.
- Wheels Up has 3,000 employees, and the revenue per employee ratio is $264,034.
- Wheels Up's peak quarterly revenue was $425.5M in 2022(q2).
- Wheels Up peak revenue was $1.6B in 2022.
- Wheels Up annual revenue for 2023 was 1.3B, -20.66% growth from 2022.
- Wheels Up annual revenue for 2024 was 792.1M, -36.8% growth from 2023.
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Wheels Up historical revenue
Wheels Up's peak revenue was $1.6B in 2022. The peak quarterly revenue was $425.5M in 2022(q2).
Wheels Up's revenue increased from $695.0m in 2020 to $792.1M currently. That's a 13.97% change in annual revenue.
Wheels Up annual revenue
Wheels Up annual revenue over time
| Fiscal year / year | Wheels Up revenue |
|---|---|
| 2020 | $695.0M |
| 2021 | $1.2B |
| 2022 | $1.6B |
| 2023 | $1.3B |
| 2024 | $792.1M |
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Wheels Up annual growth
Wheels Up saw the greatest revenue growth in 2021, when revenue increased by 71.84%.
Wheels Up had the lowest revenue growth in 2022, when revenue changed by 32.28%.
Wheels Up annual growth rate over time
| Year | Wheels Up growth |
|---|---|
| 2021 | 72%↑ |
| 2022 | 32%↑ |
| 2023 | -21%↓ |
| 2024 | -37%↓ |
Wheels Up quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
Wheels Up quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2020 | - | - | - | $209.8M |
| 2021 | $261.7M | $285.6M | $302.0M | $345.0M |
| 2022 | $325.6M | $425.5M | $420.4M | $408.3M |
| 2023 | $351.8M | $335.1M | $320.1M | $246.4M |
| 2024 | $197.1M | $196.3M | $193.9M | $204.8M |
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Wheels Up financial information
| CEO | Kenny Dichter |
| Industry | Transportation |
| Company Type | Public |
| Employees Number | 3,000 |
| Date Founded | 2013 |
| Headquarters | New York, New York |
| Number of Locations | 1 |
| Revenue | $792.1M |
| Net Income | -$555,160,000 |
| Gross Proft | $59.0M (2024) |
| EBITDA | ($218.7M) (2024) |
| Tax Rate | -0.0% |
| Total Assets | $1,923,225,000 |
| Ticker | UP |
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Wheels Up financing
Wheels Up received early financing of $55.7M on 2013-12-09.
| Series | Round size | Date |
|---|---|---|
| Series Unknown | $55.7M | 12/2013 |
| Private Equity | $115M | 09/2015 |
| Debt Financing | $120.8M | 06/2016 |
| Private Equity | $117.5M | 10/2017 |
| Series D | $128M | 08/2019 |
| Post Ipo Equity | $550M | 07/2021 |
Wheels Up investors
| Investors | Security type |
|---|---|
| Krillion Ventures | Series Unknown |
| Owen Van Natta | Series Unknown |
| David Adelman | Series Unknown |
| Alpaca VC | Series Unknown |
| New Enterprise Associates | Private Equity |
| Rosecliff Ventures | Private Equity |
| T. Rowe Price Group, Inc. | Private Equity |
| Fidelity Investments | Private Equity |
| David Adelman | Private Equity |
| Alumni Ventures Group | Private Equity |
| New Enterprise Associates | Private Equity |
| T. Rowe Price Group, Inc. | Private Equity |
| Fidelity Management & Research Co LLC | Private Equity |
| Franklin Resources, Inc. | Series D |
| Rashaun Williams | Series D |
| T. Rowe Price Group, Inc. | Series D |
| Fidelity Management & Research Co LLC | Series D |
| HG Vora Capital Management | Post Ipo Equity |
| Third Point Ventures | Post Ipo Equity |
| Luxor Capital Group | Post Ipo Equity |
| monashees | Post Ipo Equity |
| Franklin Advisors | Post Ipo Equity |
| T. Rowe Price Group, Inc. | Post Ipo Equity |
| Durable Capital Partners LP | Post Ipo Equity |
| Fidelity Management & Research Co LLC | Post Ipo Equity |
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Zippia gives an in-depth look into the details of Wheels Up, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Wheels Up. The employee data is based on information from people who have self-reported their past or current employments at Wheels Up. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Wheels Up. The data presented on this page does not represent the view of Wheels Up and its employees or that of Zippia.
Wheels Up may also be known as or be related to Wheels Up, Wheels Up Partners LLC and Wheels Up Private Jets LLC.